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SingAsia Holdings (HKSE:08293) Net Income : HK$-0.96 Mil (TTM As of Jan. 2024)


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What is SingAsia 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. SingAsia Holdings's Net Income for the three months ended in Jan. 2024 was HK$-4.45 Mil. Its Net Income for the trailing twelve months (TTM) ended in Jan. 2024 was HK$-0.96 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. SingAsia Holdings's Earnings per Share (Diluted) for the three months ended in Jan. 2024 was HK$-0.05.


SingAsia Holdings Net Income Historical Data

The historical data trend for SingAsia 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.

SingAsia Holdings Net Income Chart

SingAsia Holdings Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Net Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only -23.54 -5.23 -7.71 -9.65 3.31

SingAsia Holdings Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 -0.18 -0.64 4.13 -0.01 -4.45

SingAsia 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

SingAsia Holdings's Net Income for the fiscal year that ended in Jul. 2023 is calculated as

Net Income(A: Jul. 2023 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=3.904+-0.592+0+0
=3.31

SingAsia Holdings's Net Income for the quarter that ended in Jan. 2024 is calculated as

Net Income(Q: Jan. 2024 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-4.487+0.041+0+0
=-4.45

Net Income for the trailing twelve months (TTM) ended in Jan. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was HK$-0.96 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.


SingAsia Holdings  (HKSE:08293) 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:

SingAsia Holdings's Earnings per Share (Diluted) (EPS) for the quarter that ended in Jan. 2024 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.


SingAsia Holdings Net Income Related Terms

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SingAsia Holdings (HKSE:08293) Business Description

Traded in Other Exchanges
N/A
Address
60 Paya Lebar Road, No. 12–29 Paya Lebar Square, Singapore, SGP, 409051
SingAsia Holdings Ltd is a workforce solutions provider for companies and organizations looking to streamline their operations in hotels, resorts, retail, food and beverage and other educational institutions, event organizers, and various industries sectors. The group's segments include Manpower outsourcing and Manpower recruitment. The majority of its revenue is derived from the Manpower outsourcing segment. Geographically, it generates a majority of its revenue from Singapore.
Executives
Irregular Consulting Limited 2101 Beneficial owner
Wee Yu-chih 2201 Interest of corporation controlled by you
Tse Sing Yu 2201 Interest of corporation controlled by you
Huang Weiyan 2101 Beneficial owner
Goh Guan Chua 2101 Beneficial owner
Centrex Treasure Holdings Limited 2101 Beneficial owner
Sim Hak Chor 2201 Interest of corporation controlled by you
Eden Publishing Pte. Ltd. 2101 Beneficial owner
Teo Li Lian 2101 Beneficial owner
Li Haifeng 2101 Beneficial owner
Sim Hak Chor 2201 Interest of corporation controlled by you

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