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MiraeN Edupartner Co (XKRX:208890) Net Income : ₩-224 Mil (TTM As of Dec. 2023)


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What is MiraeN Edupartner 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. MiraeN Edupartner Co's Net Income for the six months ended in Dec. 2023 was ₩-224 Mil. Its Net Income for the trailing twelve months (TTM) ended in Dec. 2023 was ₩-224 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. MiraeN Edupartner Co's Earnings per Share (Diluted) for the six months ended in Dec. 2023 was ₩-59.00.


MiraeN Edupartner Co Net Income Historical Data

The historical data trend for MiraeN Edupartner 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.

MiraeN Edupartner Co Net Income Chart

MiraeN Edupartner 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 356.29 -3,640.44 -4,073.64 -1,311.40 -223.78

MiraeN Edupartner Co Semi-Annual Data
Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Income Get a 7-Day Free Trial Premium Member Only Premium Member Only 356.29 -3,640.44 -4,073.64 -1,311.40 -223.78

MiraeN Edupartner 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

MiraeN Edupartner 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
=167.537+-391.313+0+-2.8421709430404E-14
=-224

MiraeN Edupartner Co'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
=167.537+-391.313+0+-2.8421709430404E-14
=-224

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Net Income for the trailing twelve months (TTM) ended in Dec. 2023 was ₩-224 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.


MiraeN Edupartner Co  (XKRX:208890) 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:

MiraeN Edupartner Co'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.


MiraeN Edupartner Co Net Income Related Terms

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MiraeN Edupartner Co (XKRX:208890) Business Description

Traded in Other Exchanges
N/A
Address
125, Yanghwa Road, 8th Floor, Seogyo-dong, Gyeongnam Tourist Building, Mapo-gu, Ansan-si, KOR
MiraeN Edupartner Co Ltd, formerly Edupartner Co Ltd is engaged in the provision of elementary and secondary education services. The company also offers after school services like computer classes and english classes.

MiraeN Edupartner Co (XKRX:208890) Headlines

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