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Leading Holdings Group (HKSE:06999) Net Income : HK$-1,443 Mil (TTM As of Dec. 2023)


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What is Leading Holdings 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. Leading Holdings Group's Net Income for the six months ended in Dec. 2023 was HK$-1,169 Mil. Its Net Income for the trailing twelve months (TTM) ended in Dec. 2023 was HK$-1,443 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Leading Holdings Group's Earnings per Share (Diluted) for the six months ended in Dec. 2023 was HK$-1.14.


Leading Holdings Group Net Income Historical Data

The historical data trend for Leading Holdings 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.

Leading Holdings Group Net Income Chart

Leading Holdings Group Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Income
Get a 7-Day Free Trial 606.25 1,019.84 598.09 -4,634.24 -1,442.79

Leading Holdings Group Semi-Annual Data
Dec17 Dec18 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 507.66 4.57 -4,638.60 -273.93 -1,168.86

Leading Holdings 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

Leading Holdings 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
=-115.211+-962.75+0+-364.824
=-1,443

Leading Holdings 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
=-242.636+-732.945+0+-193.277
=-1,169

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$-1,443 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.


Leading Holdings Group  (HKSE:06999) 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:

Leading Holdings 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.


Leading Holdings Group Net Income Related Terms

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Leading Holdings Group (HKSE:06999) Business Description

Traded in Other Exchanges
N/A
Address
No. 151, 2nd Tianfu Street, Leading International Finance Center, 46th Floor, Tower A, Gaoxin District, Sichuan Province, Chengdu, CHN
Leading Holdings Group Ltd is focused on the development and sale of residential and commercial properties. In addition, the group holds a portion of commercial properties for investment purpose and are engaged in the hotel management business. Further, it also provides project management services. It operates in three segments: Property development, Commercial property investment, and operations, and Hotel operations, of which the majority of its revenue comes from the Property development segment. Its operations are conducted in Mainland China.
Executives
Liu Yuhui 2201 Interest of corporation controlled by you
Chen Ao Ao 2202 Interest of your spouse
Hou Sanli 2201 Interest of corporation controlled by you
Lan Tian 2202 Interest of your spouse
Liu Ce 2201 Interest of corporation controlled by you
Liu Haowei 2201 Interest of corporation controlled by you
Liu Shan 2202 Interest of your spouse
Liu Yuqi 2202 Interest of your spouse
Long Yiqin 2201 Interest of corporation controlled by you
Wang Tao 2201 Interest of corporation controlled by you
Jin Sha Jiang Holding Limited 2101 Beneficial owner
Yue Lai Investment Limited 2101 Beneficial owner
Ling Yue Capital Holding Limited 2101 Beneficial owner
Yuan Di Capital Limited 2101 Beneficial owner

Leading Holdings Group (HKSE:06999) Headlines

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