GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Chin Teck Plantations Bhd (XKLS:1929) » Definitions » Net Income

Chin Teck Plantations Bhd (XKLS:1929) Net Income : RM67.3 Mil (TTM As of Feb. 2024)


View and export this data going back to 1970. Start your Free Trial

What is Chin Teck Plantations 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. Chin Teck Plantations Bhd's Net Income for the three months ended in Feb. 2024 was RM20.8 Mil. Its Net Income for the trailing twelve months (TTM) ended in Feb. 2024 was RM67.3 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Chin Teck Plantations Bhd's Earnings per Share (Diluted) for the three months ended in Feb. 2024 was RM0.23.


Chin Teck Plantations Bhd Net Income Historical Data

The historical data trend for Chin Teck Plantations 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.

Chin Teck Plantations Bhd Net Income Chart

Chin Teck Plantations Bhd Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Net Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 32.10 35.99 68.08 107.52 53.37

Chin Teck Plantations Bhd Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 2.92 11.44 13.71 21.33 20.80

Chin Teck Plantations 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

Chin Teck Plantations Bhd's Net Income for the fiscal year that ended in Aug. 2023 is calculated as

Net Income(A: Aug. 2023 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=70.002+-16.632+0+7.105427357601E-15
=53.4

Chin Teck Plantations Bhd's Net Income for the quarter that ended in Feb. 2024 is calculated as

Net Income(Q: Feb. 2024 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=26.618+-5.816+0+0
=20.8

Net Income for the trailing twelve months (TTM) ended in Feb. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was RM67.3 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.


Chin Teck Plantations Bhd  (XKLS:1929) 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:

Chin Teck Plantations Bhd's Earnings per Share (Diluted) (EPS) for the quarter that ended in Feb. 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.


Chin Teck Plantations Bhd Net Income Related Terms

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


Chin Teck Plantations Bhd (XKLS:1929) Business Description

Traded in Other Exchanges
N/A
Address
Block 2B, Level 3A, Jalan Stesen Sentral 5, Suite 2B-3A-2, Plaza Sentral, Kuala Lumpur Sentral, Kuala Lumpur, SGR, MYS, 50470
Chin Teck Plantations Bhd is an investment holding company, which is engaged in the cultivation of oil palms, process and sale of fresh fruit bunches, crude palm oil, and palm kernel and is predominantly carried out in Malaysia. The company has three cultivation lands in Malaysia namely, Jemima and Sungei Sendayan, Gua Musang, and Keratong. The company also participates in joint ventures on oil palm plantations in Indonesia located at Lampung Province, Jambi Province, and South Sumatera Province, Sumatera, Republic of Indonesia.

Chin Teck Plantations Bhd (XKLS:1929) Headlines

No Headlines