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ESR Kendall Square REIT (XKRX:365550) Net Income : ₩11,192 Mil (TTM As of Aug. 2023)


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What is ESR Kendall Square REIT 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. ESR Kendall Square REIT's Net Income for the six months ended in Aug. 2023 was ₩3,580 Mil. Its Net Income for the trailing twelve months (TTM) ended in Aug. 2023 was ₩11,192 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. ESR Kendall Square REIT's Earnings per Share (Diluted) for the six months ended in Aug. 2023 was ₩17.00.


ESR Kendall Square REIT Net Income Historical Data

The historical data trend for ESR Kendall Square REIT'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.

ESR Kendall Square REIT Net Income Chart

ESR Kendall Square REIT Annual Data
Trend May20 May21 May22 May23
Net Income
-125.13 5,409.25 30,175.27 28,013.77

ESR Kendall Square REIT Semi-Annual Data
Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23
Net Income Get a 7-Day Free Trial 2,590.35 6,040.40 5,014.98 7,611.48 3,580.42

ESR Kendall Square REIT 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

ESR Kendall Square REIT's Net Income for the fiscal year that ended in May. 2023 is calculated as

Net Income(A: May. 2023 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=28013.768+0+0+0
=28,014

ESR Kendall Square REIT's Net Income for the quarter that ended in Aug. 2023 is calculated as

Net Income(Q: Aug. 2023 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=3580.417+0+0+0
=3,580

Net Income for the trailing twelve months (TTM) ended in Aug. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was ₩11,192 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.


ESR Kendall Square REIT  (XKRX:365550) 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:

ESR Kendall Square REIT's Earnings per Share (Diluted) (EPS) for the quarter that ended in Aug. 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.


ESR Kendall Square REIT Net Income Related Terms

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ESR Kendall Square REIT (XKRX:365550) Business Description

Traded in Other Exchanges
N/A
Address
35F Three IFC, 10 Gukjegeumyung-Ro, Yeongdeungpo-gu, Seoul, KOR
ESR Kendall Square REIT is a real estate investment trust focused on development and investment of logistics centers. Some of its Logistics parks include Bucheon Cold Logistics Park, Goyang Logistics Park, Yongin Logistics Park 1, Anseong Logistics Park and Gimhae Logistics Park.

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