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by valuearb 2179 days ago
Samsung has much lower quality profits. They have lower margins, and have much higher capital reinvestment requirements please, ie are forced to reinvest more of their profit back into their manufacturing plants. Essentially their profits are overstated.
1 comments

Samsung's net income would only be overstated if their capital spending was unsustainably low. I don't know if that is actually the case.
Or if they were run by a felon in a country where accounting and governmental employees are highly motivated not to criticize said felons accounting practices. Then you might think twice about taking them at face value.