GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Sersol Bhd (XKLS:0055) » Definitions » Net Income

Sersol Bhd (XKLS:0055) Net Income : RM-1.72 Mil (TTM As of Sep. 2024)


View and export this data going back to 2004. Start your Free Trial

What is Sersol Bhd 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. Sersol Bhd's Net Income for the three months ended in Sep. 2024 was RM-0.83 Mil. Its Net Income for the trailing twelve months (TTM) ended in Sep. 2024 was RM-1.72 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Sersol Bhd's Earnings per Share (Diluted) for the three months ended in Sep. 2024 was RM-0.00.


Sersol Bhd Net Income Historical Data

The historical data trend for Sersol Bhd'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.

Sersol Bhd Net Income Chart

Sersol Bhd Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Net Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.27 -0.77 -0.66 0.20 -1.80

Sersol Bhd Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Mar24 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 -1.06 -7.30 -7.91 -0.89 -0.83

Sersol Bhd 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

Sersol Bhd's Net Income for the fiscal year that ended in Dec. 2021 is calculated as

Net Income(A: Dec. 2021 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-1.795+-0.009+0+0.00099999999999989
=-1.80

Sersol Bhd'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
=-0.831+0.005+0+0
=-0.83

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 RM-1.72 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.


Sersol Bhd  (XKLS:0055) 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:

Sersol Bhd'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.


Sersol Bhd Net Income Related Terms

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


Sersol Bhd Business Description

Traded in Other Exchanges
N/A
Address
No. 28, Jalan Canggih 1, Taman Perindustrian Cemerlang, Johor Darul Takzim, Ulu Tiram, JHR, MYS, 81800
Sersol Bhd is a Malaysian company which is principally involved in the coatings business relating to buildings, furniture, electrical and electronic products. The company operates through its geographical segment namely Malaysia and Thailand. Its Malaysia segment involved in manufacturing and selling of coatings, thinners and industrial chemical, investment holding and provision of management services and trading of architectural coating and wall surface finishing material. The Thailand segment manufactures and sales of coatings, thinners and industrial chemical. It derives a majority of revenue from Malaysia.

Sersol Bhd Headlines

No Headlines