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Smart Radar System (XKRX:424960) Net Income : ₩-4,420 Mil (TTM As of Mar. 2024)


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What is Smart Radar System 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. Smart Radar System's Net Income for the three months ended in Mar. 2024 was ₩-1,828 Mil. Its Net Income for the trailing twelve months (TTM) ended in Mar. 2024 was ₩-4,420 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Smart Radar System's Earnings per Share (Diluted) for the three months ended in Mar. 2024 was ₩-120.00.


Smart Radar System Net Income Historical Data

The historical data trend for Smart Radar System'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.

Smart Radar System Net Income Chart

Smart Radar System Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Net Income
-6,337.20 -5,219.38 -7,737.79 -5,098.21

Smart Radar System Quarterly Data
Mar22 Sep22 Dec22 Mar23 Sep23 Dec23 Mar24
Net Income Get a 7-Day Free Trial -2,840.80 -1,423.87 -964.68 -1,627.31 -1,828.49

Smart Radar System 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

Smart Radar System's Net Income for the fiscal year that ended in Dec. 2023 is calculated as

Net Income(A: Dec. 2023 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-5098.205+0+0+0
=-5,098

Smart Radar System's Net Income for the quarter that ended in Mar. 2024 is calculated as

Net Income(Q: Mar. 2024 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-1828.493+0+0+0
=-1,828

Net Income for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₩-4,420 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.


Smart Radar System  (XKRX:424960) 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:

Smart Radar System's Earnings per Share (Diluted) (EPS) for the quarter that ended in Mar. 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.


Smart Radar System Net Income Related Terms

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Smart Radar System (XKRX:424960) Business Description

Traded in Other Exchanges
N/A
Address
925beon-gil, 3F Fine Digital, 41, Seongnam-daero, Bundang-gu, Gyeonggi-do, Seongnam-si, KOR, 13496
Smart Radar System Inc is a company developing radar solutions for autonomous cars and industrial applications. They provide RF antenna design, hardware module fabrication, radar signal processing algorithms and software APIs. It offers products such as RETINA-4FN, RETINA-4SN and IRISc-03A which are 4D Imaging Radars, Single chip Radars.

Smart Radar System (XKRX:424960) Headlines

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