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Meilleure Health International Industry Group (HKSE:02327) Net Income : HK$40.8 Mil (TTM As of Dec. 2023)


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What is Meilleure Health International Industry 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. Meilleure Health International Industry Group's Net Income for the six months ended in Dec. 2023 was HK$22.7 Mil. Its Net Income for the trailing twelve months (TTM) ended in Dec. 2023 was HK$40.8 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Meilleure Health International Industry Group's Earnings per Share (Diluted) for the six months ended in Dec. 2023 was HK$0.01.


Meilleure Health International Industry Group Net Income Historical Data

The historical data trend for Meilleure Health International Industry 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.

* Premium members only.

Meilleure Health International Industry Group Net Income Chart

Meilleure Health International Industry Group Annual Data
Trend Mar14 Mar15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only -20.17 83.44 60.32 17.82 40.83

Meilleure Health International Industry Group Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 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 17.13 10.56 7.26 18.16 22.67

Meilleure Health International Industry 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

Meilleure Health International Industry Group'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
=52.983+-14.493+0+2.34
=40.8

Meilleure Health International Industry Group'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
=31.837+-11.079+0+1.912
=22.7

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$40.8 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.


Meilleure Health International Industry Group  (HKSE:02327) 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:

Meilleure Health International Industry Group'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.


Meilleure Health International Industry Group Net Income Related Terms

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Meilleure Health International Industry Group (HKSE:02327) Business Description

Traded in Other Exchanges
N/A
Address
89 Queensway, Unit 2906, Tower 1, Lippo Centre, Admiralty, Hong Kong, HKG
Meilleure Health International Industry Group Ltd is an investment holding company principally engaged in the trading of healthcare products, chemical materials, and building materials. The company's operating segment includes Trading business; Agency service; Property development; Property investment and leasing; Healthcare related business and Industrial hemp business. The Trading business segment includes the trading of construction materials. Geographically, it derives a majority of revenue from PRC.
Executives
Shunda Investment Limited 2201 Interest of corporation controlled by you
Zhongjia U-home Investment Limited 2101 Beneficial owner
Zhou Xuzhou 2201 Interest of corporation controlled by you
Haitong Ut Leasing Hk Limited 2106 Person having a security interest in shares
U-home Group International Ltd
Haitong International Finance Company Limited

Meilleure Health International Industry Group (HKSE:02327) Headlines

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