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Huanxi Media Group (HKSE:01003) Net Income : HK$159 Mil (TTM As of Dec. 2023)


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What is Huanxi Media Group 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. Huanxi Media Group's Net Income for the six months ended in Dec. 2023 was HK$-242 Mil. Its Net Income for the trailing twelve months (TTM) ended in Dec. 2023 was HK$159 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Huanxi Media Group's Earnings per Share (Diluted) for the six months ended in Dec. 2023 was HK$-0.07.


Huanxi Media Group Net Income Historical Data

The historical data trend for Huanxi Media Group'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.

Huanxi Media Group Net Income Chart

Huanxi Media Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 105.10 -236.39 -235.56 -221.81 159.14

Huanxi Media Group Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 -138.35 -93.58 -128.23 400.77 -241.63

Huanxi Media Group 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

Huanxi Media Group'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
=212.085+-52.95+0+0
=159

Huanxi Media Group'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
=-245.357+3.723+0+0
=-242

Net Income for the trailing twelve months (TTM) ended in Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$159 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.


Huanxi Media Group  (HKSE:01003) 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:

Huanxi Media Group'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.


Huanxi Media Group Net Income Related Terms

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Huanxi Media Group (HKSE:01003) Business Description

Traded in Other Exchanges
N/A
Address
16 Harcourt Road, 11th Floor, Far East Finance Centre, Admiralty, Hong Kong, HKG
Huanxi Media Group Ltd is a media company in China focused on the investment and production of films, drama series, and the operation of a subscription-based online video platform. The company is an investment holding and film investment company. Its subsidiaries are principally engaged in media and entertainment related businesses. Its one reportable segment is the investment in film and TV programmes rights. The current operations of the company are located in the PRC and Hong Kong.
Executives
Fmr Llc 2201 Interest of corporation controlled by you
Newwood Investments Limited 2401 A concert party to an agreement to buy shares
Pacific Wits Limited 2401 A concert party to an agreement to buy shares
Tairong Holdings Limited 2401 A concert party to an agreement to buy shares
Dong Ping 2101 Beneficial owner
Ning Hao 2401 A concert party to an agreement to buy shares
Xu Zheng 2401 A concert party to an agreement to buy shares
Maoyan Entertainment 2101 Beneficial owner
Bilibili Inc. 2101 Beneficial owner

Huanxi Media Group (HKSE:01003) Headlines

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