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Viet Nam Petroleum Transport JSC (STC:VIP) Net Income : ₫78,720 Mil (TTM As of Mar. 2024)


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What is Viet Nam Petroleum Transport 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. Viet Nam Petroleum Transport JSC's Net Income for the three months ended in Mar. 2024 was ₫19,021 Mil. Its Net Income for the trailing twelve months (TTM) ended in Mar. 2024 was ₫78,720 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Viet Nam Petroleum Transport JSC's Earnings per Share (Diluted) for the three months ended in Mar. 2024 was ₫277.79.


Viet Nam Petroleum Transport JSC Net Income Historical Data

The historical data trend for Viet Nam Petroleum Transport 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.

Viet Nam Petroleum Transport JSC Net Income Chart

Viet Nam Petroleum Transport JSC Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 36,393.20 64,052.83 10,497.19 247,545.37 86,938.07

Viet Nam Petroleum Transport JSC Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 Premium Member Only 27,239.17 35,100.67 22,930.24 1,668.00 19,020.72

Viet Nam Petroleum Transport 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

Viet Nam Petroleum Transport 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
=108668.478+-21730.406+0+0
=86,938

Viet Nam Petroleum Transport JSC's Net Income for the quarter that ended in Mar. 2024 is calculated as

Net Income(Q: Mar. 2024 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=23369.28+-4348.562+0+0
=19,021

Net Income for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₫78,720 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.


Viet Nam Petroleum Transport JSC  (STC:VIP) 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:

Viet Nam Petroleum Transport JSC's Earnings per Share (Diluted) (EPS) for the quarter that ended in Mar. 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.


Viet Nam Petroleum Transport JSC Net Income Related Terms

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Viet Nam Petroleum Transport JSC (STC:VIP) Business Description

Traded in Other Exchanges
N/A
Address
37 Phan Boi Chau, Quang Trung Ward, Hong Bang District, Hai Phong City, VNM
Viet Nam Petroleum Transport JSC is a Vietnam based company engaged in the marine transportation of petroleum and petroleum products. It also offers shipping agency, ship brokerage, customs brokerage, and business travel and inbound tourism services. The other activities of the company are trading in petroleum and infrastructure; trading in materials, equipment, spare parts; and constructing civil, industrial, traffic works and technical infrastructure for urban area and industrial zone.

Viet Nam Petroleum Transport JSC (STC:VIP) Headlines

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