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Luyuan Group Holding (Cayman) (HKSE:02451) Net Income : HK$159 Mil (TTM As of Dec. 2023)


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What is Luyuan Group Holding (Cayman) 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. Luyuan Group Holding (Cayman)'s Net Income for the six months ended in Dec. 2023 was HK$159 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. Luyuan Group Holding (Cayman)'s Earnings per Share (Diluted) for the six months ended in Dec. 2023 was HK$0.47.


Luyuan Group Holding (Cayman) Net Income Historical Data

The historical data trend for Luyuan Group Holding (Cayman)'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.

Luyuan Group Holding (Cayman) Net Income Chart

Luyuan Group Holding (Cayman) Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Net Income
47.77 72.56 131.81 159.26

Luyuan Group Holding (Cayman) Semi-Annual Data
Dec20 Dec21 Dec22 Dec23
Net Income 47.77 72.56 131.81 159.26

Luyuan Group Holding (Cayman) 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

Luyuan Group Holding (Cayman)'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
=165.314+-6.052+0+0
=159

Luyuan Group Holding (Cayman)'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
=165.314+-6.052+0+0
=159

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Net Income for the trailing twelve months (TTM) ended in Dec. 2023 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.


Luyuan Group Holding (Cayman)  (HKSE:02451) 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:

Luyuan Group Holding (Cayman)'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.


Luyuan Group Holding (Cayman) Net Income Related Terms

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Luyuan Group Holding (Cayman) (HKSE:02451) Business Description

Traded in Other Exchanges
N/A
Address
No. 168 Shicheng Street, Jinhua Industry Zone, Zhejiang, Jinhua, CHN
Luyuan Group Holding (Cayman) Ltd is an electric two-wheeled vehicle provider in mainland China, focusing on the design, research and development, manufacturing and selling of electric two-wheeled vehicles. It has built an offline sales and distribution network and embraced informatization and established online retail channels, continuously improving the penetration and coverage of its products.
Executives
Dingman David Ross 2201 Interest of corporation controlled by you
Shipston Electric Vehicle Limited 2101 Beneficial owner
Shipston Evl Holdings Limited 2201 Interest of corporation controlled by you
Shipston Group Limited 2201 Interest of corporation controlled by you
Stonor Group Limited 2201 Interest of corporation controlled by you
Dingman David Ross 2201 Interest of corporation controlled by you
Hu Jihong 2201 Interest of corporation controlled by you
Ni Jie 2201 Interest of corporation controlled by you
Apex Marine Investments Limited 2101 Beneficial owner
Drago Investments Limited 2101 Beneficial owner

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