The difference between total profit and total net profit: total profit = operating profit+non-operating income-non-operating expenditure; Net profit = total profit-income tax expense. The total profit is the symmetry of the total loss. The final financial results achieved by an enterprise through production and business activities in a certain period of time. One of the components of enterprise net income.
Total profit:
The total profit of an industrial enterprise is mainly composed of sales profit and non-operating net income and expenditure (non-operating expenses are deducted from profits).
the total profit should be distributed between the state and enterprises according to the regulations. Most of them are handed over to the state in the form of income tax, adjustment tax or profits, and a small part is left to enterprises to form various special funds.
net profit:
net profit refers to the amount after deducting income tax from the total profit of the enterprise in the current period, that is, the after-tax profit of the enterprise.
the calculation formula of net profit is: net profit = total profit-income tax expense. Net profit is the final result of an enterprise's operation. The more net profit, the better the enterprise's operating efficiency. If the net profit is small, the operating efficiency of an enterprise will be poor, which is the main index to measure the operating efficiency of an enterprise.