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Shanghai Gench Education Group (HKSE:01525) Net Income : HK$310 Mil (TTM As of Dec. 2023)


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What is Shanghai Gench Education 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. Shanghai Gench Education Group's Net Income for the six months ended in Dec. 2023 was HK$109 Mil. Its Net Income for the trailing twelve months (TTM) ended in Dec. 2023 was HK$310 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Shanghai Gench Education Group's Earnings per Share (Diluted) for the six months ended in Dec. 2023 was HK$0.28.


Shanghai Gench Education Group Net Income Historical Data

The historical data trend for Shanghai Gench Education 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.

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Shanghai Gench Education Group Net Income Chart

Shanghai Gench Education Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Income
Get a 7-Day Free Trial 139.56 228.86 219.19 251.19 309.94

Shanghai Gench Education Group Semi-Annual Data
Dec16 Dec17 Jun18 Dec18 Jun19 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 Premium Member Only Premium Member Only Premium Member Only 82.23 156.04 102.53 200.66 109.28

Shanghai Gench Education 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

Shanghai Gench Education 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
=414.905+-104.967+0+0.0010000000000332
=310

Shanghai Gench Education 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
=145.266+-35.991+0+1.4210854715202E-14
=109

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$310 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.


Shanghai Gench Education Group  (HKSE:01525) 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:

Shanghai Gench Education 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.


Shanghai Gench Education Group Net Income Related Terms

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Shanghai Gench Education Group (HKSE:01525) Business Description

Traded in Other Exchanges
N/A
Address
No. 1111, Huchenghuan Road, Pudong New Area, Shanghai, CHN
Shanghai Gench Education Group Ltd and its subsidiaries are engaged in providing undergraduate education and junior college educations. The group generates its revenue from tuition fees, boarding fees, and other education-related services. Geographically, the company generates all of its revenue from the People's Republic of China.
Executives
Everone (hong Kong) Company Limited 2101 Beneficial owner
Zhou Xingzeng
Zheng Xiangzhan
Ai Xin Limited 2101 Beneficial owner
Zhao Donghui 2201 Interest of corporation controlled by you
Changjiu Industrial Group Co., Ltd. 2201 Interest of corporation controlled by you
Fwin Limited 2101 Beneficial owner
Hangzhou Changqi Enterprise Management Consulting Partnership (limited Partnership) 2201 Interest of corporation controlled by you
Shanghai Jiuhao Enterprise Management Consulting Co., Ltd. 2201 Interest of corporation controlled by you
Ze Ren Limited 2101 Beneficial owner
Xia Men Guo Mao Jiao Yu Ji Tuan You Xian Gong Si 2101 Beneficial owner

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