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Chinese Maritime Transport (TPE:2612) Net Income : NT$468 Mil (TTM As of Sep. 2024)


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What is Chinese Maritime Transport 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. Chinese Maritime Transport's Net Income for the three months ended in Sep. 2024 was NT$117 Mil. Its Net Income for the trailing twelve months (TTM) ended in Sep. 2024 was NT$468 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Chinese Maritime Transport's Earnings per Share (Diluted) for the three months ended in Sep. 2024 was NT$0.59.


Chinese Maritime Transport Net Income Historical Data

The historical data trend for Chinese Maritime Transport'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.

Chinese Maritime Transport Net Income Chart

Chinese Maritime Transport 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 323.84 329.04 1,040.60 766.08 328.33

Chinese Maritime Transport 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 64.70 39.53 128.10 183.36 117.34

Chinese Maritime Transport 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

Chinese Maritime Transport'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
=432.563+-108.695+0+4.461
=328

Chinese Maritime Transport'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
=126.394+-9.399+0+0.345
=117

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$468 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.


Chinese Maritime Transport  (TPE:2612) 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:

Chinese Maritime Transport'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.


Chinese Maritime Transport Net Income Related Terms

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Chinese Maritime Transport Business Description

Traded in Other Exchanges
N/A
Address
No. 15, Jinan Road, 4th Floor, Section 1, Chinese Maritime Building, Taipei, TWN, 10051
Chinese Maritime Transport Ltd provides goods transportation services. The company provides container transportation, warehousing and freight agents for Saudi Arabian Airlines. It generates maximum revenue from container hauling and logistics. The company operates in three segments: Land Transportation and Logistics, and Sea Transportation. The Land Transportation and Logistics segment is involved in container transportation, warehousing, and freight agent businesses. On the other hand, the Sea Transportation segment is engaged in bulk carrier business. The company generates the majority of its revenue from its Shipping department. The company generates its revenue from Asia, America, Europe, and Oceania.

Chinese Maritime Transport Headlines

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