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Jianzhong Construction Development (HKSE:00589) Net Income : HK$-277.5 Mil (TTM As of Jun. 2023)


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What is Jianzhong Construction Development 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. Jianzhong Construction Development's Net Income for the six months ended in Jun. 2023 was HK$-77.4 Mil. Its Net Income for the trailing twelve months (TTM) ended in Jun. 2023 was HK$-277.5 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Jianzhong Construction Development's Earnings per Share (Diluted) for the six months ended in Jun. 2023 was HK$-0.12.


Jianzhong Construction Development Net Income Historical Data

The historical data trend for Jianzhong Construction Development'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.

Jianzhong Construction Development Net Income Chart

Jianzhong Construction Development Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Net Income
Get a 7-Day Free Trial 159.59 199.45 70.83 -115.05 -241.29

Jianzhong Construction Development Semi-Annual Data
Dec16 Dec17 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
Net Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 53.36 -169.13 -43.17 -200.17 -77.35

Jianzhong Construction Development 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

Jianzhong Construction Development'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
=-250.49+9.196+0+0
=-241.3

Jianzhong Construction Development'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
=-75.394+-1.96+0+0
=-77.4

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$-277.5 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.


Jianzhong Construction Development  (HKSE:00589) 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:

Jianzhong Construction Development'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.


Jianzhong Construction Development Net Income Related Terms

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Jianzhong Construction Development (HKSE:00589) Business Description

Traded in Other Exchanges
N/A
Address
No.33 Zhaoqiang Road, 2002, Jinlan Building, Mawei District, Fujian, Fuzhou, CHN
Jianzhong Construction Development Ltd is a construction services provider based in Fujian Province offering solutions in foundation works. The company foundation works including bored piles, H-piles, Larssen sheet piles, diaphragm walls, and tunnelling works. Its other construction services including formwork and scaffolding works including formwork and falsework design, manufacturing of scaffold and erection services; construction of sewage treatment infrastructure; and other construction work mainly E&M engineering works. Its segments include Construction service; Equipment operation service; Sewage treatment operation; and Others that include sales of construction materials and equipment and others.
Executives
Furi Investment Limited 2101 Beneficial owner
Leng Yan 2202 Interest of your spouse
Xun Liangbao 2201 Interest of corporation controlled by you
Xun Minghong 2201 Interest of corporation controlled by you
Mhx Investment Limited 2101 Beneficial owner
Song Dongling 2202 Interest of your spouse
Cv Construction Capital Limited 2101 Beneficial owner
An Hui Hai Luo Chuang Ye Tou Zi You Xian Ze Ren Gong Si 2201 Interest of corporation controlled by you
Hai Luo Chuang Ye Fa Zhan You Xian Gong Si 2201 Interest of corporation controlled by you
Shang Hai Yi Jiang Tou Zi You Xian Gong Si 2201 Interest of corporation controlled by you
Yi Jiang Guo Ji You Xian Gong Si 2201 Interest of corporation controlled by you

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