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IAT Automobile Technology Co (SZSE:300825) Net Income : ¥30.2 Mil (TTM As of Mar. 2024)


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What is IAT Automobile 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. IAT Automobile Technology Co's Net Income for the three months ended in Mar. 2024 was ¥20.7 Mil. Its Net Income for the trailing twelve months (TTM) ended in Mar. 2024 was ¥30.2 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. IAT Automobile Technology Co's Earnings per Share (Diluted) for the three months ended in Mar. 2024 was ¥0.04.


IAT Automobile Technology Co Net Income Historical Data

The historical data trend for IAT Automobile 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.

IAT Automobile Technology Co Net Income Chart

IAT Automobile Technology Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 130.31 110.94 205.36 82.42 35.97

IAT Automobile Technology Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 26.45 39.66 -33.01 2.87 20.74

IAT Automobile 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

IAT Automobile Technology Co'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
=51.36+-22.622+0+7.228
=36.0

IAT Automobile Technology Co'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
=16.891+2.165+0+1.679
=20.7

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 ¥30.2 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.


IAT Automobile Technology Co  (SZSE:300825) 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:

IAT Automobile Technology Co'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.


IAT Automobile Technology Co Net Income Related Terms

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IAT Automobile Technology Co (SZSE:300825) Business Description

Traded in Other Exchanges
N/A
Address
No. 8, Shuangyang Road, Yizhuang BDA Industrial Park, Daxing District, Beijing, CHN, 100076
IAT Automobile Technology Co Ltd is engaged in automotive product planning, styling, vehicle / engine / transmission / components engineering design, CAE ,NVH optimization, the development of EV, electronic control technology, prototyping, SE, mold / fixture design and manufacturing, show car production, vehicle and component test evaluation and consulting, covering the development of the whole process of automotive design. The company's services include Vehicle Design and Development; CAE / NVH / Vehicle Test; Engine / Power Train Development; Prototype Hardware/Tools and Fixtures; Auto Electrical Appliance/Electronic System/Parts Development/Consulting Services; Show Car/Race Car /Modified Vehicles Making and Technical Consulting Services; among others.
Executives
Zhang Li Qiang Directors, executives
Xuan Qi Wu Director
Lin Ling Directors, executives

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