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Mercury Securities Group Bhd (XKLS:0285) Net Income : RM8.39 Mil (TTM As of Oct. 2023)


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What is Mercury Securities Group 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. Mercury Securities Group Bhd's Net Income for the six months ended in Oct. 2023 was RM3.31 Mil. Its Net Income for the trailing twelve months (TTM) ended in Oct. 2023 was RM8.39 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Mercury Securities Group Bhd's Earnings per Share (Diluted) for the six months ended in Oct. 2023 was RM0.00.


Mercury Securities Group Bhd Net Income Historical Data

The historical data trend for Mercury Securities Group 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.

Mercury Securities Group Bhd Net Income Chart

Mercury Securities Group Bhd Annual Data
Trend Oct19 Oct20 Oct21 Oct22 Oct23
Net Income
9.85 17.20 20.26 17.66 8.39

Mercury Securities Group Bhd Semi-Annual Data
Oct19 Oct20 Oct21 Apr22 Oct22 Apr23 Oct23
Net Income Get a 7-Day Free Trial - 9.89 7.77 5.08 3.31

Mercury Securities Group 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

Mercury Securities Group Bhd'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
=12.463+-4.076+0+0.00099999999999945
=8.39

Mercury Securities Group Bhd's Net Income for the quarter that ended in Oct. 2023 is calculated as

Net Income(Q: Oct. 2023 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=5.584+-2.273+0+-0.00099999999999945
=3.31

Net Income for the trailing twelve months (TTM) ended in Oct. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was RM8.39 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.


Mercury Securities Group Bhd  (XKLS:0285) 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:

Mercury Securities Group Bhd's Earnings per Share (Diluted) (EPS) for the quarter that ended in Oct. 2023 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.


Mercury Securities Group Bhd Net Income Related Terms

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Mercury Securities Group Bhd (XKLS:0285) Business Description

Traded in Other Exchanges
N/A
Address
No. 2 Jalan Solaris, L-7-2, Solaris Mont Kiara, Kuala Lumpur, MYS, 50480
Mercury Securities Group Bhd is an investment holding company and through its subsidiaries, It is principally engaged in stockbroking, corporate finance advisory and other related businesses as well as the provision of nominee and custodian services. Mercury provides stockbroking services comprising execution of trades of securities listed on Bursa Securities and foreign stock exchanges mainly in Singapore, Hong Kong and the USA, as well as margin financing facility services, nominees, custodians and related services. It is also licensed by the Securities Commission Malaysia to undertake regulated corporate finance activities as a Principal or Independent Advisor.

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