GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Current Motor Corp (TSE:7690) » Definitions » Net Income

Current Motor (TSE:7690) Net Income : 円27 Mil (TTM As of Apr. 2024)


View and export this data going back to 2020. Start your Free Trial

What is Current Motor 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. Current Motor's Net Income for the six months ended in Apr. 2024 was 円62 Mil. Its Net Income for the trailing twelve months (TTM) ended in Apr. 2024 was 円27 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Current Motor's Earnings per Share (Diluted) for the six months ended in Apr. 2024 was 円104.47.


Current Motor Net Income Historical Data

The historical data trend for Current Motor'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.

Current Motor Net Income Chart

Current Motor Annual Data
Trend Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Net Income
Get a 7-Day Free Trial 64.78 158.37 263.57 84.82 128.84

Current Motor Semi-Annual Data
Oct18 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23 Apr24
Net Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 57.56 27.26 163.23 -34.39 61.64

Current Motor 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

Current Motor's Net Income for the fiscal year that ended in Oct. 2023 is calculated as

Net Income(A: Oct. 2023 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=188.352+-58.501+0+-1.013
=129

Current Motor's Net Income for the quarter that ended in Apr. 2024 is calculated as

Net Income(Q: Apr. 2024 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=114.094+-52.458+0+7.105427357601E-15
=62

Net Income for the trailing twelve months (TTM) ended in Apr. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was 円27 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.


Current Motor  (TSE:7690) 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:

Current Motor's Earnings per Share (Diluted) (EPS) for the quarter that ended in Apr. 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.


Current Motor Net Income Related Terms

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


Current Motor (TSE:7690) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
4-1-19 Utsukushigaoka, Aoba-ku, Kanagawa Prefecture, Yokohama-Shi, JPN, 225-0002
Current Motor Corp is engaged in sale and purchase of various car models. The company also provides repair and maintenance business and provide specialized parts for imported cars.

Current Motor (TSE:7690) Headlines

No Headlines