GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Ttet Union Corp (TPE:1232) » Definitions » Net Income

Ttet Union (TPE:1232) Net Income : NT$1,140 Mil (TTM As of Mar. 2024)


View and export this data going back to 1996. Start your Free Trial

What is Ttet Union 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. Ttet Union's Net Income for the three months ended in Mar. 2024 was NT$282 Mil. Its Net Income for the trailing twelve months (TTM) ended in Mar. 2024 was NT$1,140 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Ttet Union's Earnings per Share (Diluted) for the three months ended in Mar. 2024 was NT$1.76.


Ttet Union Net Income Historical Data

The historical data trend for Ttet Union'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.

Ttet Union Net Income Chart

Ttet Union 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 974.57 1,291.83 1,241.71 1,226.21 1,204.85

Ttet Union 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 346.62 258.37 269.92 329.94 281.88

Ttet Union 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

Ttet Union'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
=1573.593+-319.852+0+-48.89
=1,205

Ttet Union'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
=368.669+-73.745+0+-13.042
=282

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 NT$1,140 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.


Ttet Union  (TPE:1232) 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:

Ttet Union'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.


Ttet Union Net Income Related Terms

Thank you for viewing the detailed overview of Ttet Union's Net Income provided by GuruFocus.com. Please click on the following links to see related term pages.


Ttet Union (TPE:1232) Business Description

Traded in Other Exchanges
N/A
Address
32 Gungye West Road, Erzhen Village,Guantian District, Tainan, TWN, 72048
Ttet Union Corp is a Taiwan based vegetable oil and protein product provider. The company is mainly engaged in the manufacture, sales, processing, import, and export of a variety of vegetable oils and fat, and engaged in cogeneration plant business, wholesale, and retailing of oils. The company's product portfolio includes soybean oil, canola oil, deep-frying oil, palm olein, soybean meal, dehulled high-protein soybean meal, soybean hull pellet, and high-protein soybean flake among others. Geographically, the majority is from Taiwan.

Ttet Union (TPE:1232) Headlines

No Headlines