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Cuong Wood - Working JSC (STC:ACG) Net Income : ₫481,816 Mil (TTM As of Mar. 2024)


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What is Cuong Wood - Working JSC 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. Cuong Wood - Working JSC's Net Income for the three months ended in Mar. 2024 was ₫81,420 Mil. Its Net Income for the trailing twelve months (TTM) ended in Mar. 2024 was ₫481,816 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Cuong Wood - Working JSC's Earnings per Share (Diluted) for the three months ended in Mar. 2024 was ₫540.00.


Cuong Wood - Working JSC Net Income Historical Data

The historical data trend for Cuong Wood - Working JSC'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.

Cuong Wood - Working JSC Net Income Chart

Cuong Wood - Working JSC Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Net Income
486,382.20 491,977.94 451,279.22 615,581.29 436,718.27

Cuong Wood - Working JSC Quarterly Data
Dec19 Dec20 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 36,321.35 108,526.73 129,868.65 162,001.55 81,419.52

Cuong Wood - Working JSC 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

Cuong Wood - Working JSC'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
=540144.866+-103428.065+0+1.4699999999721
=436,718

Cuong Wood - Working JSC'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
=101220.064+-19800.54+0+0
=81,420

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 ₫481,816 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.


Cuong Wood - Working JSC  (STC:ACG) 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:

Cuong Wood - Working JSC'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.


Cuong Wood - Working JSC Net Income Related Terms

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Cuong Wood - Working JSC (STC:ACG) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
DT 747B Street, Plot 681, map sheet 05, Phuoc Hai Ward, Thai Hoa Ward,, Binh Duong Province,, Tan Uyen Town, VNM
Cuong Wood - Working JSC manufacture woodworking and decorative materials. It engages in sawing, planing and preserving wood.; Manufacture of beds, cabinets, tables, and chairs; Processing of interior decoration products; Producing plywood, veneer, plywood, and other thin boards. Its products comprise MFC, Melamine MDF, laminates, acrylic, veneer, and other by-products.

Cuong Wood - Working JSC (STC:ACG) Headlines

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