GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Shenzhen Zhongjin Lingnan Nonfemet Co Ltd (SZSE:000060) » Definitions » Net Income

Shenzhen Zhongjin Lingnan Nonfemet Co (SZSE:000060) Net Income : ¥607 Mil (TTM As of Mar. 2024)


View and export this data going back to 1997. Start your Free Trial

What is Shenzhen Zhongjin Lingnan Nonfemet Co 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. Shenzhen Zhongjin Lingnan Nonfemet Co's Net Income for the three months ended in Mar. 2024 was ¥239 Mil. Its Net Income for the trailing twelve months (TTM) ended in Mar. 2024 was ¥607 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Shenzhen Zhongjin Lingnan Nonfemet Co's Earnings per Share (Diluted) for the three months ended in Mar. 2024 was ¥0.06.


Shenzhen Zhongjin Lingnan Nonfemet Co Net Income Historical Data

The historical data trend for Shenzhen Zhongjin Lingnan Nonfemet Co'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.

Shenzhen Zhongjin Lingnan Nonfemet Co Net Income Chart

Shenzhen Zhongjin Lingnan Nonfemet Co 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 852.11 995.10 1,171.69 1,212.29 687.76

Shenzhen Zhongjin Lingnan Nonfemet Co 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 320.12 220.21 175.66 -28.23 239.35

Shenzhen Zhongjin Lingnan Nonfemet Co 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

Shenzhen Zhongjin Lingnan Nonfemet Co'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
=1192.839+-152.894+0+-352.183
=688

Shenzhen Zhongjin Lingnan Nonfemet Co'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
=400.151+-81.534+0+-79.268
=239

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 ¥607 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.


Shenzhen Zhongjin Lingnan Nonfemet Co  (SZSE:000060) 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:

Shenzhen Zhongjin Lingnan Nonfemet Co'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.


Shenzhen Zhongjin Lingnan Nonfemet Co Net Income Related Terms

Thank you for viewing the detailed overview of Shenzhen Zhongjin Lingnan Nonfemet Co's Net Income provided by GuruFocus.com. Please click on the following links to see related term pages.


Shenzhen Zhongjin Lingnan Nonfemet Co (SZSE:000060) Business Description

Traded in Other Exchanges
N/A
Address
6013 Shennan Road, Zhongguo Youse Building, 24th-26th Floor, Futian District, Guangdong, Shenzhen, CHN, 518040
Shenzhen Zhongjin Lingnan Nonfemet Co Ltd is a China-based company engaged in the production of non-ferrous metals. Its product portfolio includes fine lead ore, fine zinc ore, mixed lead and zinc ore, fine sulfur ore, electrolytic lead, fine zinc, silver, fine cadmium, germanium ingots, germanium dioxide, indium ingots, sulfuric acid, zinc sulfate, section aluminum, curtain walls, steel stripes, nickel hydroxide, zinc powder for batteries, and fibrous nickel powder. The company also undertakes cross-industry and cross-region operations that span mining, processing, smelting, manufacturing, research and development, construction materials, real estate development, trade, warehousing, and financial service.
Executives
Qi Si Yin Supervisors
Huang Jian Min Secretary Dong
Yu Gang Directors, executives
Chen Shao Hua Executives
Niu Hong Supervisors
Chu Hu Executives
Liang Ming Executives
Wu Sheng Hui Director
Yao Shu Executives
Yu Zhong Min Executives
Peng Ling Directors, executives
Ma Jian Hua Director
Zhang Guang Yan Supervisors
Zheng Jin Hua Supervisors
Zhu Wei Ping Independent director

Shenzhen Zhongjin Lingnan Nonfemet Co (SZSE:000060) Headlines

No Headlines