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Hanwha Reit (XKRX:451800) Net Income : ₩3,545 Mil (TTM As of Jul. 2023)


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What is Hanwha 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. Hanwha Reit's Net Income for the six months ended in Jul. 2023 was ₩1,947 Mil. Its Net Income for the trailing twelve months (TTM) ended in Jul. 2023 was ₩3,545 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Hanwha Reit's Earnings per Share (Diluted) for the six months ended in Jul. 2023 was ₩27.58.


Hanwha Reit Net Income Historical Data

The historical data trend for Hanwha 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.

Hanwha Reit Net Income Chart

Hanwha Reit Annual Data
Trend Sep22 Apr23
Net Income
0.02 1,203.35

Hanwha Reit Semi-Annual Data
Jan23 Jul23
Net Income 1,597.79 1,947.03

Hanwha 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

Hanwha Reit's Net Income for the fiscal year that ended in Apr. 2023 is calculated as

Net Income(A: Apr. 2023 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=1203.348+0+0+0
=1,203

Hanwha Reit's Net Income for the quarter that ended in Jul. 2023 is calculated as

Net Income(Q: Jul. 2023 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=1947.028+0+0+0
=1,947

Net Income for the trailing twelve months (TTM) ended in Jul. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was ₩3,545 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.


Hanwha Reit  (XKRX:451800) 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:

Hanwha Reit's Earnings per Share (Diluted) (EPS) for the quarter that ended in Jul. 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.


Hanwha Reit Net Income Related Terms

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Hanwha Reit (XKRX:451800) Business Description

Traded in Other Exchanges
N/A
Address
50, 63-ro, Yeongdeungpo-gu, 49th Floor, 63 Hanwha Life Building, Yeouido-dong, Seoul, KOR
Hanwha Reit operates as a real estate investment company. It mainly holds an interest in domestic office buildings.

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