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Planetree International Development (HKSE:00613) Net Income : HK$-140.15 Mil (TTM As of Dec. 2023)


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What is Planetree International 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. Planetree International Development's Net Income for the six months ended in Dec. 2023 was HK$-109.46 Mil. Its Net Income for the trailing twelve months (TTM) ended in Dec. 2023 was HK$-140.15 Mil.

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


Planetree International Development Net Income Historical Data

The historical data trend for Planetree International 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.

Planetree International Development Net Income Chart

Planetree International Development 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 22.31 41.76 -22.15 -17.17 -140.15

Planetree International Development Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 -34.05 2.94 -20.11 -30.69 -109.46

Planetree International 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

Planetree International Development'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
=-162.953+-13.587+0+36.395
=-140.15

Planetree International Development'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
=-132.467+-12.955+0+35.967
=-109.46

Net Income for the trailing twelve months (TTM) ended in Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$-140.15 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.


Planetree International Development  (HKSE:00613) 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:

Planetree International Development'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.


Planetree International Development Net Income Related Terms

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Planetree International Development (HKSE:00613) Business Description

Traded in Other Exchanges
N/A
Address
28 Marble Road, North Point, 8th Floor, China United Centre, Hong Kong, HKG
Planetree International Development Ltd is a Hong Kong-based investment holding company engaged in diversified businesses. Its segments are Financial services; Credit and lending services; Other financial services segment; Property investment and leasing segment; and Tactical and strategic investment segment. It derives the majority of its revenue from the Financial Services segment which engages in the provision of dealing in securities, margin financing services, dealing in futures contracts, advising on corporate finance, and asset management services with Type 1, Type 2, Type 6, Type 8 and Type 9 licenses granted under the SFO.
Executives
Future Capital Group Limited 2101 Beneficial owner
Lo Ki Yan Karen 2201 Interest of corporation controlled by you

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