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Vietnam Maritime Commercial JSC (STC:MSB) Net Income : ₫4,386,109 Mil (TTM As of Sep. 2024)


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What is Vietnam Maritime Commercial JSC Net Income?

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax. Vietnam Maritime Commercial JSC's Net Income for the three months ended in Sep. 2024 was ₫978,491 Mil. Its Net Income for the trailing twelve months (TTM) ended in Sep. 2024 was ₫4,386,109 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Vietnam Maritime Commercial JSC's Earnings per Share (Diluted) for the three months ended in Sep. 2024 was ₫376.00.


Vietnam Maritime Commercial JSC Net Income Historical Data

The historical data trend for Vietnam Maritime Commercial JSC's Net Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Vietnam Maritime Commercial JSC Net Income Chart

Vietnam Maritime Commercial JSC Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Net Income
1,043,560.00 2,011,144.00 4,034,740.00 4,616,213.00 4,644,214.00

Vietnam Maritime Commercial JSC Quarterly Data
Dec19 Mar20 Jun20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Net Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,325,302.00 483,708.00 1,193,947.00 1,729,963.00 978,491.00

Vietnam Maritime Commercial JSC Net Income Calculation

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax.

Net Income
= Revenue - Cost of Goods Sold - Selling, General, & Admin. Expense - Research & Development - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= EBITDA - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Operating Income - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Pre-Tax Income - Tax Expense + Others

Vietnam Maritime Commercial JSC's Net Income for the fiscal year that ended in Dec. 2023 is calculated as

Net Income(A: Dec. 2023 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=5829910+-1185696+0+0
=4,644,214

Vietnam Maritime Commercial JSC's Net Income for the quarter that ended in Sep. 2024 is calculated as

Net Income(Q: Sep. 2024 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=1211904+-233413+0+0
=978,491

Net Income for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₫4,386,109 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Vietnam Maritime Commercial JSC  (STC:MSB) Net Income Explanation

Net Income is the most widely cited number in reporting a company's profitability. It is linked to the most popular earnings-per-share (EPS) number through:

Vietnam Maritime Commercial JSC's Earnings per Share (Diluted) (EPS) for the quarter that ended in Sep. 2024 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

EPS is most useful for companies that have:

A predictable business
Consistent accounting methods
And few restructurings

The dividend paid to preferred stocks needs to be subtracted from the total net income in the calculation of EPS because common stock holders are not entitled to that part of the net income.


Be Aware

Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred Net Income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.

Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.

If net earnings is less than 10%, likely to be in a highly competitive business.


Vietnam Maritime Commercial JSC Net Income Related Terms

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Vietnam Maritime Commercial JSC Business Description

Traded in Other Exchanges
N/A
Address
No.54A Nguyen Chi Thanh Street, Lang thuong Ward, Dong Da District, Ha Noi, VNM
Vietnam Maritime Commercial JSC is engaged in providing banking and related services. It provides Savings, Retail Loan products, Card Products, Payment services, E-Banking services and various other services.

Vietnam Maritime Commercial JSC Headlines

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