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Neusoft Education Technology Co (HKSE:09616) Net Income : HK$470 Mil (TTM As of Jun. 2023)


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What is Neusoft Education Technology 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. Neusoft Education Technology Co's Net Income for the six months ended in Jun. 2023 was HK$300 Mil. Its Net Income for the trailing twelve months (TTM) ended in Jun. 2023 was HK$470 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Neusoft Education Technology Co's Earnings per Share (Diluted) for the six months ended in Jun. 2023 was HK$0.46.


Neusoft Education Technology Co Net Income Historical Data

The historical data trend for Neusoft Education Technology 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.

Neusoft Education Technology Co Net Income Chart

Neusoft Education Technology Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Income
Get a 7-Day Free Trial 154.91 88.01 348.02 430.37 469.82

Neusoft Education Technology Co Semi-Annual Data
Dec17 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 215.06 273.33 169.98 299.85 169.98

Neusoft Education Technology 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

Neusoft Education Technology Co's Net Income for the fiscal year that ended in Dec. 2022 is calculated as

Net Income(A: Dec. 2022 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=577.939+-147.539+0+-0.025999999999954
=430

Neusoft Education Technology Co's Net Income for the quarter that ended in Jun. 2023 is calculated as

Net Income(Q: Jun. 2023 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=389.581+-90.177+0+0.44299999999998
=300

Net Income for the trailing twelve months (TTM) ended in Jun. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$470 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.


Neusoft Education Technology Co  (HKSE:09616) 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:

Neusoft Education Technology Co's Earnings per Share (Diluted) (EPS) for the quarter that ended in Jun. 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.


Neusoft Education Technology Co Net Income Related Terms

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Neusoft Education Technology Co (HKSE:09616) Business Description

Traded in Other Exchanges
N/A
Address
No. 8, Software Park Road, Ganjingzi District, Liaoning, Dalian, CHN
Neusoft Education Technology Co Ltd is a China-based investment holding company principally engaged in providing full-time formal higher education services, continuing education services, as well as education resources and apprenticeship programmes. Its full-time formal higher education services and continuing education services are operated by three universities and eight training schools. Its education resources and apprenticeship programme are offered by Dalian Education and a few of its subsidiaries, such as Shanghai Ruixiang and Tianjin Ruidao. Its full-time formal higher education services consist of bachelor's degree programmes, junior college diploma programmes, and junior college to bachelor degree transfer programmes.
Executives
Liu Jiren 2501 Other
Pandanus Partners L.p. 2201 Interest of corporation controlled by you
Pandanus Associates Inc. 2201 Interest of corporation controlled by you
Fil Limited 2201 Interest of corporation controlled by you
Deluxe Capital Limited 2201 Interest of corporation controlled by you
Sun Yinhuan 2307 Founder of a discretionary trust who can infl
Century Bliss International Limited 2101 Beneficial owner
Tmf (cayman) Ltd. 2301 Trustee
Deluxe Glorious Limited 2201 Interest of corporation controlled by you
Liu Jiren 2501 Other
Cheng Huiyan 2202 Interest of your spouse
Kang Ruidao International Investment Inc. 2101 Beneficial owner
Kang Ruidao Education First Investment Limited 2201 Interest of corporation controlled by you
Neusoft Holdings International Inc. 2201 Interest of corporation controlled by you
Dalian Neusoft Holdings Co., Ltd. 2201 Interest of corporation controlled by you

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