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Shin Foong Specialty and Applied Materials Co (TPE:6582) Net Income : NT$-110.0 Mil (TTM As of Mar. 2024)


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What is Shin Foong Specialty and Applied Materials 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. Shin Foong Specialty and Applied Materials Co's Net Income for the three months ended in Mar. 2024 was NT$-24.7 Mil. Its Net Income for the trailing twelve months (TTM) ended in Mar. 2024 was NT$-110.0 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Shin Foong Specialty and Applied Materials Co's Earnings per Share (Diluted) for the three months ended in Mar. 2024 was NT$-0.23.


Shin Foong Specialty and Applied Materials Co Net Income Historical Data

The historical data trend for Shin Foong Specialty and Applied Materials 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.

Shin Foong Specialty and Applied Materials Co Net Income Chart

Shin Foong Specialty and Applied Materials 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 525.38 1,777.83 3,476.39 174.99 -107.86

Shin Foong Specialty and Applied Materials 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 -22.63 -7.91 26.02 -103.35 -24.73

Shin Foong Specialty and Applied Materials 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

Shin Foong Specialty and Applied Materials 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
=-135.505+27.643+0+0
=-107.9

Shin Foong Specialty and Applied Materials 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
=-30.696+5.967+0+3.5527136788005E-15
=-24.7

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$-110.0 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.


Shin Foong Specialty and Applied Materials Co  (TPE:6582) 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:

Shin Foong Specialty and Applied Materials 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.


Shin Foong Specialty and Applied Materials Co Net Income Related Terms

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Shin Foong Specialty and Applied Materials Co (TPE:6582) Business Description

Traded in Other Exchanges
N/A
Address
No.55, Section 3, Zhongshan Road, Ping Tung, Fangliao, TWN, 80247
Shin Foong Specialty and Applied Materials Co is engaged in manufacturing synthetic SBR and NBR rubber latex. Its products are used in paper coating, adhesive for carpet, fabrics, wood, non-woven and innersole saturation, cement mortar, and glove dipping. Its products used in paper coating, carpet backing, non-woven and innersole saturation, veneer adhesion, and cement mortar.

Shin Foong Specialty and Applied Materials Co (TPE:6582) Headlines

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