GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Hyzon Motors Inc (NAS:HYZN) » Definitions » Net Income

Hyzon Motors (Hyzon Motors) Net Income : $-188.02 Mil (TTM As of Mar. 2024)


View and export this data going back to 2021. Start your Free Trial

What is Hyzon Motors 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. Hyzon Motors's Net Income for the three months ended in Mar. 2024 was $-34.23 Mil. Its Net Income for the trailing twelve months (TTM) ended in Mar. 2024 was $-188.02 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Hyzon Motors's Earnings per Share (Diluted) for the three months ended in Mar. 2024 was $-0.14.


Hyzon Motors Net Income Historical Data

The historical data trend for Hyzon Motors'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.

Hyzon Motors Net Income Chart

Hyzon Motors Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Net Income
-14.27 -12.14 -32.19 -184.04

Hyzon Motors Quarterly Data
Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -30.25 -60.25 -44.05 -49.49 -34.23

Hyzon Motors 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

Hyzon Motors'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
=-184.518+0.492+0+-0.015999999999991
=-184.04

Hyzon Motors's Net Income for the quarter that ended in Mar. 2024 is calculated as

Net Income(Q: Mar. 2024 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-34.302+0+0+0.076999999999998
=-34.23

Net Income for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-188.02 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.


Hyzon Motors  (NAS:HYZN) 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:

Hyzon Motors's Earnings per Share (Diluted) (EPS) for the quarter that ended in Mar. 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.


Hyzon Motors Net Income Related Terms

Thank you for viewing the detailed overview of Hyzon Motors's Net Income provided by GuruFocus.com. Please click on the following links to see related term pages.


Hyzon Motors (Hyzon Motors) Business Description

Traded in Other Exchanges
N/A
Address
475 Quaker Meeting House Road, Honeoye Falls, New York, NY, USA, 14472
Hyzon Motors Inc assembles and supplies hydrogen fuel cell-powered commercial vehicles across North America, Europe, China, and Australasia. In addition, it builds and fosters a clean hydrogen supply ecosystem with partners from feedstocks through production, dispensing and financing. The company intends to meet its customers' zero-emission vehicle needs by electrifying proven vehicle platforms utilizing its industry- leading fuel cell and electric propulsion technologies. It expects to deploy these technologies in various vehicle classes, including heavy-duty and medium-duty trucks and buses with the potential for future expansion into light-duty commercial vehicles, additional mobility use cases and stationary power applications.
Executives
Horizon Fuel Cell Technologies Pte Ltd 10 percent owner KAIXUAM RD 1671 RM 705, SHANGHAL CHINA 200030 F4 00000
Stephen Weiland officer: Chief Financial Officer 599 S SCHMIDT RD, BOLINGBROOK IL 60440
Matthew J. Foulston director 9900 WEST 109TH STREET, SUITE 100, OVERLAND PARK KS 66210
Andrea Farace director NORTH LODGE, WOOLLEY, WANTAGE X0 OX12 8NJ
Jinxiu Sun-lasovage officer: Chief Human Resources Officer 648 VINEWOOD AVE, BIRMINGHAM MI 48009
Bappaditya Banerjee officer: Chief Operating Officer 439 S. MONROE ST., HINSDALE IL 60521
John Milton Edgley officer: President of International Ops 69 RYANS RD, ELTHAM C3 3095
Samuel S Chong officer: Chief Financial Officer 475 QUAKER MEETING HOUSE RD., HONEOYE FALLS NY 14472
Craig Matthew Knight director, officer: Chief Executive Officer 475 QUAKER MEETING HOUSE ROAD, HONEOYE FALLS NY 14472
Patrick Michael Griffin officer: See Remarks 2415 WOODLAWN DR. NW, DOVER OH 44622
Decarbonization Plus Acquisition Corp officer: See Remarks 475 QUAKER MEETING HOUSE RD, HONEOYE FALLS NY 14472
Parker Stewart Meeks officer: Chief Strategy Officer 599 S SCHMIDT RD, BOLINGBROOK IL 60440
Shinichi Hirano officer: Chief Technology Officer 5878 SHILLINGHAM DRIVE, WEST BLOOMFIELD MI 48322
John R Zavoli officer: See Remarks 6215 FERRIS SQ, STE 140, SAN DIEGO CA 92121
Jiajia Wu officer: Chief Accounting Officer 599 S SCHMIDT RD, BOLINGBROOK IL 60440