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Life Insurance Nepal (XNEP:LICN) Net Income : NPR168 Mil (TTM As of Apr. 2024)


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What is Life Insurance Nepal 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. Life Insurance Nepal's Net Income for the three months ended in Apr. 2024 was NPR31 Mil. Its Net Income for the trailing twelve months (TTM) ended in Apr. 2024 was NPR168 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Life Insurance Nepal's Earnings per Share (Diluted) for the three months ended in Apr. 2024 was NPR1.55.


Life Insurance Nepal Net Income Historical Data

The historical data trend for Life Insurance Nepal'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.

Life Insurance Nepal Net Income Chart

Life Insurance Nepal Annual Data
Trend Jul11 Jul12 Jul13 Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20
Net Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6,859.86 14,906.70 17,027.55 12,308.20 14,496.71

Life Insurance Nepal Quarterly Data
Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Oct21 Jan22 Apr22 Oct22 Jan23 Apr23 Oct23 Jan24 Apr24
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 53.82 109.79 59.73 76.90 30.88

Life Insurance Nepal 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

Life Insurance Nepal's Net Income for the fiscal year that ended in Jul. 2020 is calculated as

Net Income(A: Jul. 2020 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=15331.936+-835.228+0+0
=14,497

Life Insurance Nepal's Net Income for the quarter that ended in Apr. 2024 is calculated as

Net Income(Q: Apr. 2024 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=635.249+-604.369+0+0.0010000000000048
=31

Net Income for the trailing twelve months (TTM) ended in Apr. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was NPR168 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.


Life Insurance Nepal  (XNEP:LICN) 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:

Life Insurance Nepal's Earnings per Share (Diluted) (EPS) for the quarter that ended in Apr. 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.


Life Insurance Nepal Net Income Related Terms

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Life Insurance Nepal (XNEP:LICN) Business Description

Traded in Other Exchanges
N/A
Address
Star Mall, PO Box No 21905, 4th Floor, Putalisadak, Kathmandu, NPL
Life Insurance Corp Nepal Ltd is operative in the field of financial services. A joint venture between Life Insurance Corporation of India and Vishal Group of Nepal, it is one of the largest capitalized insurance companies in Nepal. It offers a range of life insurance products such as endowment plans, child plans, money back plans, and services like a revival of a lapsed policy, policy loans, nominations, and bonuses to policyholders. The company's major source of revenue is through insurance premiums, which are received either by direct remittance of cheque or bank draft.