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CSD Water Service Co (SHSE:603903) Net Income : ¥179 Mil (TTM As of Mar. 2024)


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What is CSD Water Service 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. CSD Water Service Co's Net Income for the three months ended in Mar. 2024 was ¥19 Mil. Its Net Income for the trailing twelve months (TTM) ended in Mar. 2024 was ¥179 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. CSD Water Service Co's Earnings per Share (Diluted) for the three months ended in Mar. 2024 was ¥0.07.


CSD Water Service Co Net Income Historical Data

The historical data trend for CSD Water Service 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.

CSD Water Service Co Net Income Chart

CSD Water Service Co 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 111.11 137.63 164.19 120.31 163.39

CSD Water Service Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 2.94 50.09 34.06 76.31 18.88

CSD Water Service 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

CSD Water Service 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
=204.745+-29.928+0+-11.429
=163

CSD Water Service Co's Net Income for the quarter that ended in Mar. 2024 is calculated as

Net Income(Q: Mar. 2024 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=19.412+-1.479+0+0.943
=19

Net Income for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥179 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.


CSD Water Service Co  (SHSE:603903) 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:

CSD Water Service Co's Earnings per Share (Diluted) (EPS) for the quarter that ended in Mar. 2024 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.


CSD Water Service Co Net Income Related Terms

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CSD Water Service Co (SHSE:603903) Business Description

Traded in Other Exchanges
N/A
Address
No. 66 Xixiaokou Road, Zhongguancun, Room 402, 4th Floor, Building 2, D District, Dongsheng Science and Technology Park, Haidian District, Beijing, CHN, 100192
CSD Water Service Co Ltd is a China based integrated water service provider. It focuses on small and medium-sized cities, industrial parks and industrial customers, with investment operations, system integration, fiduciary management and technical services as the core of water, sewage and associated sludge treatment facilities. The entity's business projects covers research and development of wastewater treatment and sludge disposal technologies; environmental protection facilities operation management; environmental engineering contracting; provision of environmental technology consulting, technical services, technology development, technical support; sales of self-developed products, environmental protection equipment, and complete sets of equipment.
Executives
Wang Zhi Li senior management
Wang Fang Supervisors
Yu Zheng Xin senior management
Wang Hai Yun senior management

CSD Water Service Co (SHSE:603903) Headlines

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