GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Grand Pacific Petrochemical Corp (TPE:1312) » Definitions » Net Income

Grand Pacific Petrochemical (TPE:1312) Net Income : NT$-1,471 Mil (TTM As of Sep. 2024)


View and export this data going back to 1988. Start your Free Trial

What is Grand Pacific Petrochemical 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. Grand Pacific Petrochemical's Net Income for the three months ended in Sep. 2024 was NT$-321 Mil. Its Net Income for the trailing twelve months (TTM) ended in Sep. 2024 was NT$-1,471 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Grand Pacific Petrochemical's Earnings per Share (Diluted) for the three months ended in Sep. 2024 was NT$-0.29.


Grand Pacific Petrochemical Net Income Historical Data

The historical data trend for Grand Pacific Petrochemical'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.

Grand Pacific Petrochemical Net Income Chart

Grand Pacific Petrochemical 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 2,070.13 4,108.80 5,881.16 -493.81 -1,438.03

Grand Pacific Petrochemical Quarterly Data
Dec19 Mar20 Jun20 Sep20 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 Premium Member Only -203.77 -410.31 -484.21 -256.01 -320.79

Grand Pacific Petrochemical 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

Grand Pacific Petrochemical'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
=-1754.98+298.104+0+18.849
=-1,438

Grand Pacific Petrochemical'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
=-461.182+126.912+0+13.483
=-321

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 NT$-1,471 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.


Grand Pacific Petrochemical  (TPE:1312) 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:

Grand Pacific Petrochemical'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.


Grand Pacific Petrochemical Net Income Related Terms

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


Grand Pacific Petrochemical Business Description

Traded in Other Exchanges
Address
No. 4, Xinggong Road, Dashe District, Kaohsiung City, TWN, 81567
Grand Pacific Petrochemical Corp manufactures and sells a variety of chemicals, plastics, and chemical-based products. The Company's core business lines include Petrochemical Manufacturing, Synthetic Resin & Plastic Manufacturing, and Other Chemical Products Manufacturing. Additionally, it engages in Steam and Electricity Paragenesis, Heat Energy supply, and international trade. The revenues are categorized into distinct product lines, including Petrochemical products, Plastic products, Hydrogen products, Steam and electricity products, and Nylon products. Additionally, the company generates revenue through the resale of plasticized raw materials.

Grand Pacific Petrochemical Headlines

No Headlines