GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Homebuilding & Construction » Home Position Co Ltd (TSE:2999) » Definitions » Net Income

Home Position Co (TSE:2999) Net Income : 円-382 Mil (TTM As of Feb. 2024)


View and export this data going back to 2022. Start your Free Trial

What is Home Position 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. Home Position Co's Net Income for the three months ended in Feb. 2024 was 円-255 Mil. Its Net Income for the trailing twelve months (TTM) ended in Feb. 2024 was 円-382 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Home Position Co's Earnings per Share (Diluted) for the three months ended in Feb. 2024 was 円-42.62.


Home Position Co Net Income Historical Data

The historical data trend for Home Position 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.

Home Position Co Net Income Chart

Home Position Co Annual Data
Trend Aug20 Aug21 Aug22 Aug23
Net Income
-167.75 419.29 476.11 120.97

Home Position Co Quarterly Data
Aug20 Aug21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
Net Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only -3.58 -125.95 188.51 -189.71 -255.29

Home Position 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

Home Position Co's Net Income for the fiscal year that ended in Aug. 2023 is calculated as

Net Income(A: Aug. 2023 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=171.636+-50.667+0+0
=121

Home Position Co's Net Income for the quarter that ended in Feb. 2024 is calculated as

Net Income(Q: Feb. 2024 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-362.656+107.37+0+-0.0010000000000048
=-255

Net Income for the trailing twelve months (TTM) ended in Feb. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was 円-382 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.


Home Position Co  (TSE:2999) 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:

Home Position Co's Earnings per Share (Diluted) (EPS) for the quarter that ended in Feb. 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.


Home Position Co Net Income Related Terms

Thank you for viewing the detailed overview of Home Position Co's Net Income provided by GuruFocus.com. Please click on the following links to see related term pages.


Home Position Co (TSE:2999) Business Description

Traded in Other Exchanges
N/A
Address
260 Kikkawa, Shimizu-ku, Shizuoka, JPN, 424-0055
Home Position Co Ltd is engaged in the built-for-sale housing business.

Home Position Co (TSE:2999) Headlines

No Headlines