It has been a pretty poor start to the year for the S&P/ASX 200.

With concerns about China and commodities the S&P/ASX 200 is down around 6 per cent for the year to date.

We’ve just completed our first week in the February 2016 reporting season, where companies will be releasing their earnings results. In case you missed it, here’s a full wrap up of week one’s winners and losers:

Winners

Navitas Limited (ASX: NVT) – Half year profit after tax from ordinary activities up 43.8% to $45.1 million compared to pcp.

Capilano Honey Limited (ASX: CZZ) – Half year net profit before tax (NPBT) up 51% from $5.12 million to $7.77 million compared to the pcp.

REA Group Limited (ASX: REA) – Half year net profit from core operations up 28% from $94.75 million to $121.04 million compared to for the pcp.

Argo Investments Limited (ASX: ARG) – Half year profit up 8.9% to $114.21 million compared to pcp.

WAM Capital Limited (ASX:WAM) – Half year net profit from ordinary activities after income tax expense up 224.9% to $74.6 million compared to pcp.

Losers

Magellan Flagship Fund Limited (ASX: MFF) – Half Year net operating profit after income tax down 65.1% from $84.7 million to $45.3 million.

Genworth Mortgage Insurance Australia Limited (ASX: GMA) – Full year net profit after tax (NPAT) down 29.7 per cent to $228.0 million compared to pcp. Underlying NPAT down 5.3% to $264.7 million compared to pcp.

News Corporation (ASX: NWS) – Second Quarter FY2016 Total Segment EBITDA down 20% to $280 million from $352 million compared to pcp. Adjusted Total Segment EBITDA down 17%, compared to pcp.

Whitehaven Coal Limited (ASX: WHC) – Half Year net profit after tax from ordinary activities is $7.84 million up from ($77.86 million) compared to pcp.

Downer EDI Limited (ASX: DOW) – Half year profit from ordinary activities after tax attributable to members of the parent entity down 23.9% from $94.7 million to $72.1 million.

Tabcorp Holdings Limited (ASX: TAH) – Half year net profit for the period attributable to members down 33% from $122.4 million to $81.9 million compared to pcp.

Stay tuned next week for the February 2016 Reporting Season – Week 2 – Full Wrap Up.

Did you know that there's a 'new breed' of blue chips that could take your portfolio higher in 2016?

Forget BHP and Woolworths. These 3 "new breed" top blue chips for 2016 pay fully franked dividends and offer the very real prospect of significant capital appreciation. Click here to learn more.

The report is free! No credit card required.

HOT OFF THE PRESSES: Motley Fool’s #1 Dividend Pick for 2017!

With its shares up 155% in just the last five years, this ‘under the radar’ consumer favourite is both a hot growth stock AND our expert’s #1 dividend pick for 2017. Now we’re pulling back the curtain for you... And all you have to do to discover the name, code and a full analysis is enter your email below!

Simply enter your email now to receive your copy of our brand-new FREE report, “The Motley Fool’s Top Dividend Stock for 2017.”

By clicking this button, you agree to our Terms of Service and Privacy Policy. We will use your email address only to keep you informed about updates to our website and about other products and services we think might interest you. You can unsubscribe from Take Stock at anytime. Please refer to our https://www.fool.com.au/financial-services-guide">Financial Services Guide (FSG) for more information.

Motley Fool contributor John Hopkins has no position in any stocks mentioned. Unless otherwise noted, the author does not have a position in any stocks mentioned by the author in the comments below. The Motley Fool Australia has no position in any of the stocks mentioned. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.