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Serena Energia (BSP:SRNA3) Net Income : R$164 Mil (TTM As of Dec. 2023)


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What is Serena Energia 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. Serena Energia's Net Income for the three months ended in Dec. 2023 was R$145 Mil. Its Net Income for the trailing twelve months (TTM) ended in Dec. 2023 was R$164 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Serena Energia's Earnings per Share (Diluted) for the three months ended in Dec. 2023 was R$0.28.


Serena Energia Net Income Historical Data

The historical data trend for Serena Energia'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.

Serena Energia Net Income Chart

Serena Energia Annual Data
Trend Dec21 Dec22 Dec23
Net Income
598.23 -11.02 62.84

Serena Energia Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23 Dec23
Net Income Get a 7-Day Free Trial Premium Member Only Premium Member Only 44.15 134.00 -84.28 103.03 145.04

Serena Energia 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

Serena Energia'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
=151.511+-89.333+0+0.664
=63

Serena Energia's Net Income for the quarter that ended in Dec. 2023 is calculated as

Net Income(Q: Dec. 2023 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=168.112+-23.088+0+0.019000000000005
=145

Net Income for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was R$164 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.


Serena Energia  (BSP:SRNA3) 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:

Serena Energia's Earnings per Share (Diluted) (EPS) for the quarter that ended in Dec. 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.


Serena Energia Net Income Related Terms

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Serena Energia (BSP:SRNA3) Business Description

Traded in Other Exchanges
N/A
Address
Rua Elvira Ferraz, no. 68, 12th floor, Conjuntos no. 123 and 124, Vila Olimpia, Sao Paulo, SP, BRA, 04552-040
Serena Energia SA is engaged in the generation of renewable energy. Its portfolio includes wind, hydro, and solar operational assets.

Serena Energia (BSP:SRNA3) Headlines

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