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Best Mart 360 Holdings (HKSE:02360) Net Income : HK$230 Mil (TTM As of Sep. 2023)


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What is Best Mart 360 Holdings 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. Best Mart 360 Holdings's Net Income for the six months ended in Sep. 2023 was HK$111 Mil. Its Net Income for the trailing twelve months (TTM) ended in Sep. 2023 was HK$230 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Best Mart 360 Holdings's Earnings per Share (Diluted) for the six months ended in Sep. 2023 was HK$0.11.


Best Mart 360 Holdings Net Income Historical Data

The historical data trend for Best Mart 360 Holdings'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.

Best Mart 360 Holdings Net Income Chart

Best Mart 360 Holdings Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22
Net Income
Get a 7-Day Free Trial 53.60 59.73 12.10 81.45 109.80

Best Mart 360 Holdings Semi-Annual Data
Mar16 Mar17 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 22.70 87.11 82.05 118.95 110.64

Best Mart 360 Holdings 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

Best Mart 360 Holdings's Net Income for the fiscal year that ended in Mar. 2022 is calculated as

Net Income(A: Mar. 2022 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=134.184+-24.38+0+0
=110

Best Mart 360 Holdings'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
=133.063+-22.427+0+0
=111

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$230 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.


Best Mart 360 Holdings  (HKSE:02360) 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:

Best Mart 360 Holdings'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.


Best Mart 360 Holdings Net Income Related Terms

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Best Mart 360 Holdings (HKSE:02360) Business Description

Traded in Other Exchanges
Address
No. 108 Wai Yip Street, 11th Floor, C-Bons International Center, Kowloon, Hong Kong, HKG
Best Mart 360 Holdings Ltd is a leisure food retailer operating chain retail stores under its stores Best Mart 360 and FoodVille. The company is engaged in retail sales of food and beverage, household and personal care products in Hong Kong, Macau and People's Republic of China. The company generates majority of the revenue from Hong Kong.
Executives
China Merchants Group Limited 2201 Interest of corporation controlled by you
China Merchants Hoi Tung Trading Company Limited 2106 Person having a security interest in shares
United East Global Limited 2101 Beneficial owner
Universal Tycoon Limited 2101 Beneficial owner
Sino Sea Enterprises Limited 2101 Beneficial owner
Hui Ngai Fan 2201 Interest of corporation controlled by you
Lin Tsz Fung 2201 Interest of corporation controlled by you
Sea Wealth Ventures Limited 2101 Beneficial owner
Giant Blessing Global Limited 2101 Beneficial owner
Lee Wai Bing 2202 Interest of your spouse

Best Mart 360 Holdings (HKSE:02360) Headlines

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