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Q Holding PJSC (ADX:QHOLDING) Operating Income : د.إ87.2 Mil (TTM As of Jun. 2023)


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What is Q Holding PJSC Operating Income?

Q Holding PJSC's Operating Income for the three months ended in Jun. 2023 was د.إ87.2 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Jun. 2023 was د.إ87.2 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Q Holding PJSC's Operating Income for the three months ended in Jun. 2023 was د.إ87.2 Mil. Q Holding PJSC's Revenue for the three months ended in Jun. 2023 was د.إ295.8 Mil. Therefore, Q Holding PJSC's Operating Margin % for the quarter that ended in Jun. 2023 was 29.48%.

Q Holding PJSC's 5-Year average Growth Rate for Operating Margin % was 0.00% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Q Holding PJSC's annualized ROC % for the quarter that ended in Jun. 2023 was 2.97%. Q Holding PJSC's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2023 was 75.87%.


Q Holding PJSC Operating Income Historical Data

The historical data trend for Q Holding PJSC's Operating 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.

Q Holding PJSC Operating Income Chart

Q Holding PJSC Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Operating Income
Get a 7-Day Free Trial 151.63 -114.71 -96.98 -174.15 -3.02

Q Holding PJSC Quarterly Data
Dec16 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Mar21 Jun21 Dec21 Mar22 Jun22 Dec22 Jun23 Dec23
Operating Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 107.05 -55.00 - 87.21 -

Q Holding PJSC Operating Income Calculation

Operating Income, is the profit a company earned through operations. All expenses, including cash expenses such as cost of goods sold (COGS), research & development, wages, and non-cash expenses, such as depreciation, depletion and amortization, have been deducted from the sales.

Operating Income for the trailing twelve months (TTM) ended in Jun. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was د.إ87.2 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.


Q Holding PJSC  (ADX:QHOLDING) Operating Income Explanation

1. Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Q Holding PJSC's annualized ROC % for the quarter that ended in Jun. 2023 is calculated as:

ROC % (Q: Jun. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2022 ) + Invested Capital (Q: Jun. 2023 ))/ count )
=348.856 * ( 1 - 0% )/( (11436.578 + 12036.747)/ 2 )
=348.856/11736.6625
=2.97 %

where

Invested Capital(Q: Dec. 2022 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=19541.744 - 3338.713 - ( 4766.453 - max(0, 3584.411 - 10635.399+4766.453))
=11436.578

Invested Capital(Q: Jun. 2023 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=19317.178 - 2971.974 - ( 4308.457 - max(0, 3230.764 - 9742.762+4308.457))
=12036.747

Note: The Operating Income data used here is four times the quarterly (Jun. 2023) data.

2. Joel Greenblatt's definition of Return on Capital:

Q Holding PJSC's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2023 is calculated as:

ROC (Joel Greenblatt) %(Q: Jun. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2022  Q: Jun. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=2178.076/( ( (545.304 + max(2379.665, 0)) + (612.226 + max(2204.36, 0)) )/ 2 )
=2178.076/( ( 2924.969 + 2816.586 )/ 2 )
=2178.076/2870.7775
=75.87 %

where Working Capital is:

Working Capital(Q: Dec. 2022 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(463.327 + 2053.23 + 3209.836) - (3338.713 + 0 + 8.0149999999999)
=2379.665

Working Capital(Q: Jun. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(847.987 + 2053.594 + 2282.768) - (2971.974 + 0 + 8.0149999999999)
=2204.36

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Jun. 2023) EBIT data.

3. Operating Income is also linked to Operating Margin %:

Q Holding PJSC's Operating Margin % for the quarter that ended in Jun. 2023 is calculated as:

Operating Margin %=Operating Income (Q: Jun. 2023 )/Revenue (Q: Jun. 2023 )
=87.214/295.822
=29.48 %

* 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.

4. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Operating Income growth rate using Operating Income per share data.


Be Aware

Compared with a company's EBITDA margin, Operating Margin can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).

If a company is facing competition, its Operating Margin may decline. Often the Operating Margin declines well before the company's revenue or even profit decline. Therefore, Operating Margin is a very important indicator of whether the company is facing problems.

For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokia's Operating Margin had already been in decline since 2002, although its earnings per share were still rising. Investors who paid attention to Operating Margin would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).

Therefore, Operating Margin is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.


Q Holding PJSC Operating Income Related Terms

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Q Holding PJSC (ADX:QHOLDING) Business Description

Traded in Other Exchanges
N/A
Address
Sheikh Zayed Road, Ministries Complex, Zone 1, Abu Dhabi, ARE
Q Holding PJSC is an investment holding company. It focused on the development, management, sales, and leasing of real estate projects, launching and managing educational, hospitality, and healthcare projects, and acquiring controlling interests in strategic companies. Its operating segments include Real Estate, Hospitality, Labour accommodation, and Others. It derives the maximum revenue from the Real Estate segment.

Q Holding PJSC (ADX:QHOLDING) Headlines

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