Pan Merchant Bhd (XKLS:0361) Net Income: RM-0.4 Mil (TTM As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

XKLS:0361 Pan Merchant Bhd XKLS:0361
16 GF Score
Price RM0.21
! 2 Warning Signs
View Full Analysis

What is Pan Merchant Bhd Net Income?

Pan Merchant Bhd XKLS:0361 16 Net Income is RM-0.4 Mil as of Mar. 2026. GuruFocus rates XKLS:0361 with a GF Score™ of 16/100. The stock has 2 warning signs investors should review.

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. Pan Merchant Bhd's Net Income for the three months ended in Mar. 2026 was RM-5.1 Mil. Its Net Income for the trailing twelve months (TTM) ended in Mar. 2026 was RM-0.4 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Pan Merchant Bhd's Earnings per Share (Diluted) for the three months ended in Mar. 2026 was RM-0.01.


Pan Merchant Bhd  (XKLS:0361) 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:

Pan Merchant Bhd's Earnings per Share (Diluted) (EPS) for the quarter that ended in Mar. 2026 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.


Pan Merchant Bhd Net Income Related Terms


Pan Merchant Bhd Net Income Historical Data

* Premium members only.

The historical data trend for Pan Merchant 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.

Pan Merchant Bhd Net Income Chart

Pan Merchant Bhd Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Net Income
10.23 17.85 10.54 7.68 4.97

Pan Merchant Bhd Quarterly Data
Dec21 Dec22 Dec23 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Net Income Get a 7-Day Free Trial Premium Member Only 0.28 0.23 0.26 4.22 -5.12
XKLS:0361
16GF Score
Pan Merchant Bhd XKLS:0361
Net Income is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Pan Merchant 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

Pan Merchant Bhd's Net Income for the fiscal year that ended in Dec. 2025 is calculated as

Net Income(A: Dec. 2025 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=6.969+-1.717+0+-0.284
=5.0

Pan Merchant Bhd's Net Income for the quarter that ended in Mar. 2026 is calculated as

Net Income(Q: Mar. 2026 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-5.163+0.05+0+-0.0069999999999997
=-5.1

Net Income for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was RM-0.4 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.

Frequently Asked Questions Learn more about Net Income →
What does a Net Income of RM-0.4 Mil mean?
Pan Merchant Bhd (XKLS:0361) has a Net Income of RM-0.4 Mil as of Mar. 2026. Net Income is the total earnings after all operating expenses, interest and taxes. View historical data on Pan Merchant Bhd and its competitors.
Is Pan Merchant Bhd's Net Income too high?
Pan Merchant Bhd's current Net Income is RM-0.4 Mil. Overall, Pan Merchant Bhd has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does Pan Merchant Bhd's Net Income compare to GEV and ETN?
Pan Merchant Bhd's Net Income of RM-0.4 Mil can be compared against companies in the Industrial Products industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Income for an Industrial Products company?
A good Net Income depends on the Industrial Products industry context. However, Net Income should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Income mean?
A high Net Income can signal that a stock is expensive relative to its fundamentals. Net Income is the total earnings after all operating expenses, interest and taxes. View historical data on Pan Merchant Bhd and its competitors. Pan Merchant Bhd's current Net Income is RM-0.4 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pan Merchant Bhd stock overvalued right now?
Pan Merchant Bhd (XKLS:0361) has a current Net Income of RM-0.4 Mil. The current Net Income is RM-0.4 Mil. Pan Merchant Bhd's overall GF Score™ is 16/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Income calculated?
Net Income is calculated from a company's financial statements. For Pan Merchant Bhd (XKLS:0361), the current Net Income is RM-0.4 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Pan Merchant Bhd Business Description

Address Nos. 17 & 19, Jalan Pengacara U1/48, Temasya Industrial Park, Shah Alam, SGR, MYS, 40150
Pan Merchant Bhd is a homegrown solid-liquid filtration solutions provider by revenue, with a track record of designing, manufacturing, assembling, delivering, and commissioning filters. It leverages its in-house design and process engineering expertise to supply customised filtration solutions for large-scale and complex projects, in compliance with specific customer requirements and international standards. It is involved in the business of a solutions provider of solid-liquid filtration equipment, fabrication of steelworks, and technical support services in Malaysia. Its segments are: namely, Filtration Solutions, Steel Works, and Technical Support Services, with the Filtration Solutions segment generating the maximum revenue. The Group generates maximum revenue from Europe.
16GF Score

Get the complete analysis for XKLS:0361

Net Income is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

RM0.21
Price