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HG Semiconductor (HKSE:06908) Net Income : HK$-164.86 Mil (TTM As of Dec. 2023)


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What is HG Semiconductor 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. HG Semiconductor's Net Income for the six months ended in Dec. 2023 was HK$-111.14 Mil. Its Net Income for the trailing twelve months (TTM) ended in Dec. 2023 was HK$-164.86 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. HG Semiconductor's Earnings per Share (Diluted) for the six months ended in Dec. 2023 was HK$-0.16.


HG Semiconductor Net Income Historical Data

The historical data trend for HG Semiconductor'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.

HG Semiconductor Net Income Chart

HG Semiconductor 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 19.23 5.41 -547.12 -113.11 -164.86

HG Semiconductor Semi-Annual Data
Dec14 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 -496.73 -60.39 -55.58 -53.72 -111.14

HG Semiconductor 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

HG Semiconductor'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
=-175.561+3.211+0+7.492
=-164.86

HG Semiconductor'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
=-118.601+3.06+0+4.403
=-111.14

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$-164.86 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.


HG Semiconductor  (HKSE:06908) 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:

HG Semiconductor'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.


HG Semiconductor Net Income Related Terms

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HG Semiconductor (HKSE:06908) Business Description

Traded in Other Exchanges
N/A
Address
No. 8 Pinggong Er Road, 2nd Floor and North side, Nanping Technology Industrial Park, Zhuhai, CHN
HG Semiconductor Ltd is an investment holding company. It is engaged in the design, development, manufacturing, subcontracting, and sales of semiconductor products, which include light-emitting diode (LED) beads, next-generation semiconductor gallium nitride (GaN) chips, GaN devices, and their related applications, as well as fast charging products in China. The sales of LED beads generate maximum revenue for the company.
Executives
Zhan Haisu 2201 Interest of corporation controlled by you
Jovial Star International Limited 2101 Beneficial owner
Zhuang Chan Ling 2202 Interest of your spouse
First Global Limited 2101 Beneficial owner
Zhao Yi Wen 2201 Interest of corporation controlled by you
Qin Xiaolu 2101 Beneficial owner
Profit Act Limited 2101 Beneficial owner
Profit Times International Limited 2201 Interest of corporation controlled by you
Zhu Gongshan 2201 Interest of corporation controlled by you
Chiu Kwok Hung Justin 2101 Beneficial owner
Bigfair Enterprises Limited 2101 Beneficial owner
Chiu Kwai San 2201 Interest of corporation controlled by you
Wong Ching Ming 2202 Interest of your spouse
Qin Anqi 2201 Interest of corporation controlled by you
Wide Yield Investment Holding Limited 2101 Beneficial owner

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