GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » China Jushi Co Ltd (SHSE:600176) » Definitions » Net Income

China Jushi Co (SHSE:600176) Net Income : ¥2,474 Mil (TTM As of Mar. 2024)


View and export this data going back to 1999. Start your Free Trial

What is China Jushi 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. China Jushi Co's Net Income for the three months ended in Mar. 2024 was ¥350 Mil. Its Net Income for the trailing twelve months (TTM) ended in Mar. 2024 was ¥2,474 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. China Jushi Co's Earnings per Share (Diluted) for the three months ended in Mar. 2024 was ¥0.09.


China Jushi Co Net Income Historical Data

The historical data trend for China Jushi 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.

China Jushi Co Net Income Chart

China Jushi 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 2,128.87 2,416.11 6,028.47 6,610.02 3,044.44

China Jushi 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 921.11 1,141.92 610.88 370.53 350.29

China Jushi 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

China Jushi 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
=3707.779+-550.467+0+-112.87
=3,044

China Jushi 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
=449.349+-84.726+0+-14.329
=350

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 ¥2,474 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.


China Jushi Co  (SHSE:600176) 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:

China Jushi 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.


China Jushi Co Net Income Related Terms

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


China Jushi Co (SHSE:600176) Business Description

Traded in Other Exchanges
N/A
Address
No. 669 South China Wen Road, Tongxiang Economic Development Zone, Zhejiang Province, Tongxiang, CHN, 314500
China Jushi Co Ltd is a manufacturer of glass fiber and related products. It is also engaged in the development and operation of the commercial real estate, residential chain management, and logistics businesses. The company has a range of reinforcement fiberglass products and specifications, mainly including E-glass and C-glass rovings, chopped strands, powder and emulsion chopped strand mats, and woven rovings. In addition, the company also provides testing services for testing glass, mineral raw materials, fiberglass and its articles, fiberglass reinforced composites, chemical raw materials, sewage, waste gas and packaging materials.

China Jushi Co (SHSE:600176) Headlines

No Headlines