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Sichuan Energy Investment Development Co (HKSE:01713) Net Income : HK$371 Mil (TTM As of Dec. 2023)


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What is Sichuan Energy Investment Development 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. Sichuan Energy Investment Development Co's Net Income for the six months ended in Dec. 2023 was HK$230 Mil. Its Net Income for the trailing twelve months (TTM) ended in Dec. 2023 was HK$371 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Sichuan Energy Investment Development Co's Earnings per Share (Diluted) for the six months ended in Dec. 2023 was HK$0.21.


Sichuan Energy Investment Development Co Net Income Historical Data

The historical data trend for Sichuan Energy Investment Development 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.

Sichuan Energy Investment Development Co Net Income Chart

Sichuan Energy Investment Development Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Income
Get a 7-Day Free Trial Premium Member Only 196.12 303.50 330.07 336.63 370.79

Sichuan Energy Investment Development Co Semi-Annual Data
Dec15 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 160.85 152.05 191.77 140.40 230.39

Sichuan Energy Investment Development 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

Sichuan Energy Investment Development 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
=447.563+-73.491+0+-3.281
=371

Sichuan Energy Investment Development 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
=275.479+-42.616+0+-2.473
=230

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$371 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.


Sichuan Energy Investment Development Co  (HKSE:01713) 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:

Sichuan Energy Investment Development 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.


Sichuan Energy Investment Development Co Net Income Related Terms

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Sichuan Energy Investment Development Co (HKSE:01713) Business Description

Traded in Other Exchanges
Address
No. 789, Renhe Road, Wenjiang District, Sichuan Province, Chengdu, CHN, 610081
Sichuan Energy Investment Development Co., Ltd. is a vertically integrated power supplier and service provider. The Company, together with its subsidiaries, is principally engaged in the power business and power engineering construction services and related businesses. The power business mainly includes power generation and power supply services. The power engineering construction services and related businesses mainly include power engineering construction services and sales of power equipment and materials. The Company mainly conducts its business in China.
Executives
Si Chuan Sheng Neng Yuan Tou Zi Ji Tuan You Xian Ze Ren Gong Si 2201 Interest of corporation controlled by you
Yi Bin Fa Zhan Kong Gu Ji Tuan You Xian Gong Si 2101 Beneficial owner
Gao Xian Guo You Zi Chan Jing Ying Guan Li You Xian Ze Ren Gong Si 2101 Beneficial owner
Zhong Guo Dian Li Guo Ji Fa Zhan You Xian Gong Si 2101 Beneficial owner
Si Chuan Sheng Shui Dian Tou Zi Jing Ying Ji Tuan You Xian Gong Si 2101 Beneficial owner
Si Chuan Fa Zhan Kong Gu You Xian Ze Ren Gong Si 2201 Interest of corporation controlled by you
San Xia Zi Ben Kong Gu You Xian Ze Ren Gong Si 2101 Beneficial owner
Zhong Guo Chang Jiang San Xia Ji Tuan You Xian Gong Si 2201 Interest of corporation controlled by you
Tianqi Lithium Hk Co.,ltd 2101 Beneficial owner
Jinneng Holding (hong Kong) Limited 2101 Beneficial owner
Si Chuan Jin Neng Neng Yuan Ji Tuan You Xian Gong Si 2201 Interest of corporation controlled by you
Wang Wenxiang 2201 Interest of corporation controlled by you
Tian Qiu 2201 Interest of corporation controlled by you
Bei Jing Heng Hua Wei Ye Ke Ji Gu Fen You Xian Gong Si 2101 Beneficial owner
Si Chuan Sheng Tou Zi Ji Tuan You Xian Ze Ren Gong Si 2201 Interest of corporation controlled by you

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