Hitech Limited Stock Net Income

HITECHCORP   186.86  3.12  1.64%   
Hitech Limited fundamentals help investors to digest information that contributes to Hitech's financial success or failures. It also enables traders to predict the movement of Hitech Stock. The fundamental analysis module provides a way to measure Hitech's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Hitech stock.
Last ReportedProjected for Next Year
Net Income253 M209 M
Net Income From Continuing Ops253 M172.1 M
Net Income Applicable To Common Shares325.8 M342.1 M
The current year's Net Income Applicable To Common Shares is expected to grow to about 342.1 M, whereas Net Income is forecasted to decline to about 209 M.
  
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Hitech Limited Company Net Income Analysis

Hitech's Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.

Net Income

 = 

(Rev + Gain)

-

(Exp + Loss)

More About Net Income | All Equity Analysis

Current Hitech Net Income

    
  220.03 M  
Most of Hitech's fundamental indicators, such as Net Income, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Hitech Limited is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
Competition

Hitech Accumulated Other Comprehensive Income

Accumulated Other Comprehensive Income

426.21 Million

At present, Hitech's Accumulated Other Comprehensive Income is projected to increase significantly based on the last few years of reporting.
Based on the recorded statements, Hitech Limited reported net income of 220.03 M. This is 56.91% lower than that of the Containers & Packaging sector and 32.68% lower than that of the Materials industry. The net income for all India stocks is 61.46% higher than that of the company.

Hitech Net Income Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Hitech's direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Hitech could also be used in its relative valuation, which is a method of valuing Hitech by comparing valuation metrics of similar companies.
Hitech is currently under evaluation in net income category among its peers.

Hitech Fundamentals

About Hitech Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Hitech Limited's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Hitech using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Hitech Limited based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

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Other Information on Investing in Hitech Stock

Hitech financial ratios help investors to determine whether Hitech Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Hitech with respect to the benefits of owning Hitech security.