GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Esfahans Mobarakeh Steel Co (XTEH:FOLD1) » Definitions » Net Income

Esfahans Mobarakeh Steel Co (XTEH:FOLD1) Net Income : IRR25,406,027 Mil (TTM As of Mar. 2015)


View and export this data going back to 2006. Start your Free Trial

What is Esfahans Mobarakeh Steel Co 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. Esfahans Mobarakeh Steel Co's Net Income for the six months ended in Mar. 2015 was IRR25,406,027 Mil. Its Net Income for the trailing twelve months (TTM) ended in Mar. 2015 was IRR25,406,027 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Esfahans Mobarakeh Steel Co's Earnings per Share (Diluted) for the six months ended in Mar. 2015 was IRR536.83.


Esfahans Mobarakeh Steel Co Net Income Historical Data

The historical data trend for Esfahans Mobarakeh Steel Co'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.

Esfahans Mobarakeh Steel Co Net Income Chart

Esfahans Mobarakeh Steel Co Annual Data
Trend Mar11 Mar12 Mar13 Mar14 Mar15
Net Income
14,113,080.00 8,979,096.00 20,053,761.00 32,933,232.00 25,406,027.00

Esfahans Mobarakeh Steel Co Semi-Annual Data
Mar11 Mar12 Mar13 Mar14 Mar15
Net Income 14,113,080.00 8,979,096.00 20,053,761.00 32,933,232.00 25,406,027.00

Esfahans Mobarakeh Steel Co 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

Esfahans Mobarakeh Steel Co's Net Income for the fiscal year that ended in Mar. 2015 is calculated as

Net Income(A: Mar. 2015 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=28759701+-3249979+0+-103695
=25,406,027

Esfahans Mobarakeh Steel Co's Net Income for the quarter that ended in Mar. 2015 is calculated as

Net Income(Q: Mar. 2015 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=28759701+-3249979+0+-103695
=25,406,027

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Net Income for the trailing twelve months (TTM) ended in Mar. 2015 was IRR25,406,027 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.


Esfahans Mobarakeh Steel Co  (XTEH:FOLD1) 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:

Esfahans Mobarakeh Steel Co's Earnings per Share (Diluted) (EPS) for the quarter that ended in Mar. 2015 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.


Esfahans Mobarakeh Steel Co Net Income Related Terms

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


Esfahans Mobarakeh Steel Co (XTEH:FOLD1) Business Description

Traded in Other Exchanges
N/A
Address
Sa'adat Abad Street, P.O.BOX: 161-84815, Azadi Square, Esfahan, IRN, 11131-84881
Esfahans Mobarakeh Steel Co is an Iran-based company engaged in producing steel in the Middle East and Northern Africa. Its products include hot rolled products, cold rolled products, coated products including galvanized, tinned and pre-painted products. The company's products are used in various industries, such as automotive, construction, household appliances, and packaging. It also exports its products to Belgium, France, Italy, Spain, Qatar, Saudi Arabia, the United Arab Emirates, Kuwait, Iraq, Oman, Jordan, Armenia, and Georgia.

Esfahans Mobarakeh Steel Co (XTEH:FOLD1) Headlines

No Headlines