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Charter Court Financial Services Group (CHIX:CCFSL) Net Income : £112.0 Mil (TTM As of Jun. 2019)


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What is Charter Court Financial Services 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. Charter Court Financial Services Group's Net Income for the six months ended in Jun. 2019 was £62.3 Mil. Its Net Income for the trailing twelve months (TTM) ended in Jun. 2019 was £112.0 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Charter Court Financial Services Group's Earnings per Share (Diluted) for the six months ended in Jun. 2019 was £0.26.


Charter Court Financial Services Group Net Income Historical Data

The historical data trend for Charter Court Financial Services 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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Charter Court Financial Services Group Net Income Chart

Charter Court Financial Services Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18
Net Income
2.00 21.40 37.30 81.30 120.80

Charter Court Financial Services Group Semi-Annual Data
Dec14 Dec15 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19
Net Income Get a 7-Day Free Trial 43.60 37.70 71.10 49.70 62.30

Charter Court Financial Services 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

Charter Court Financial Services Group's Net Income for the fiscal year that ended in Dec. 2018 is calculated as

Net Income(A: Dec. 2018 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=158.2+-37.4+0+1.4210854715202E-14
=120.8

Charter Court Financial Services Group's Net Income for the quarter that ended in Jun. 2019 is calculated as

Net Income(Q: Jun. 2019 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=82.6+-20.3+0+0
=62.3

Net Income for the trailing twelve months (TTM) ended in Jun. 2019 adds up the semi-annually data reported by the company within the most recent 12 months, which was £112.0 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.


Charter Court Financial Services Group  (CHIX:CCFSL) 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:

Charter Court Financial Services Group's Earnings per Share (Diluted) (EPS) for the quarter that ended in Jun. 2019 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.


Charter Court Financial Services Group Net Income Related Terms

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Charter Court Financial Services Group (CHIX:CCFSL) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
2 Charter Court, Broadlands, Wolverhampton, GBR, WV10 6TD
Charter Court Financial Services Group PLC provides financial services in mortgage loans, online retail savings, and mortgage administration. The group operates through following segments: The Buy to let Lending segment engages in the long-term first charge loans to landlords. The Residential Lending segment engages in the first charge loans to owner-occupiers. The Short Term Lending segment engages in the short term bridging finance to owner-occupiers, landlords, and property developers. The Second Charge Lending segment engages in the long-term second charge loans. The Other segment engages in the central functions of the group, including treasury and third-party mortgage servicing.

Charter Court Financial Services Group (CHIX:CCFSL) Headlines

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