GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Far East Consortium International Ltd (HKSE:00035) » Definitions » Net Income

Far East Consortium International (HKSE:00035) Net Income : HK$44 Mil (TTM As of Sep. 2023)


View and export this data going back to 1972. Start your Free Trial

What is Far East Consortium International 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. Far East Consortium International's Net Income for the six months ended in Sep. 2023 was HK$336 Mil. Its Net Income for the trailing twelve months (TTM) ended in Sep. 2023 was HK$44 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Far East Consortium International's Earnings per Share (Diluted) for the six months ended in Sep. 2023 was HK$0.12.


Far East Consortium International Net Income Historical Data

The historical data trend for Far East Consortium International'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.

Far East Consortium International Net Income Chart

Far East Consortium International Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Net Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,713.66 464.42 742.91 1,507.26 382.05

Far East Consortium International Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 1,174.21 333.05 674.61 -292.56 336.07

Far East Consortium International 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

Far East Consortium International's Net Income for the fiscal year that ended in Mar. 2023 is calculated as

Net Income(A: Mar. 2023 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=729.748+-349.536+0+1.8369999999999
=382

Far East Consortium International's Net Income for the quarter that ended in Sep. 2023 is calculated as

Net Income(Q: Sep. 2023 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=537.422+-194.403+0+-6.945
=336

Net Income for the trailing twelve months (TTM) ended in Sep. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$44 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.


Far East Consortium International  (HKSE:00035) 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:

Far East Consortium International's Earnings per Share (Diluted) (EPS) for the quarter that ended in Sep. 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.


Far East Consortium International Net Income Related Terms

Thank you for viewing the detailed overview of Far East Consortium International's Net Income provided by GuruFocus.com. Please click on the following links to see related term pages.


Far East Consortium International (HKSE:00035) Business Description

Traded in Other Exchanges
Address
121 Des Voeux Road Central, 16th Floor, Far East Consortium Building, Hong Kong, HKG
Far East Consortium International Ltd is a regional conglomerate operating in property development, hospitality, and car parking ventures. The property development division contributes around half of the company's revenue. Its portfolio of properties spans mainland China, Hong Kong, Singapore, Malaysia, Australia, and the United Kingdom. The projects comprise a mix of residential, hotel, and resort development. The group operates a hotel business through its subsidiary, Dorsett Hospitality International. Most of the hotel revenue is generated from the Hong Kong market. The car park division represents a smaller portion of the business, which is involved in managing both third-party and self-owned car parks.
Executives
Chiu David 2201 Interest of corporation controlled by you

Far East Consortium International (HKSE:00035) Headlines

No Headlines