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United Overseas Australia (ASX:UOS) Operating Income : A$77.2 Mil (TTM As of Dec. 2023)


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What is United Overseas Australia Operating Income?

United Overseas Australia's Operating Income for the six months ended in Dec. 2023 was A$31.7 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2023 was A$77.2 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. United Overseas Australia's Operating Income for the six months ended in Dec. 2023 was A$31.7 Mil. United Overseas Australia's Revenue for the six months ended in Dec. 2023 was A$136.0 Mil. Therefore, United Overseas Australia's Operating Margin % for the quarter that ended in Dec. 2023 was 23.29%.

Good Sign:

United Overseas Australia Ltd operating margin is expanding. Margin expansion is usually a good sign.

United Overseas Australia's 5-Year average Growth Rate for Operating Margin % was 1.80% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. United Overseas Australia's annualized ROC % for the quarter that ended in Dec. 2023 was 2.52%. United Overseas Australia's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 46.50%.


United Overseas Australia Operating Income Historical Data

The historical data trend for United Overseas Australia'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.

United Overseas Australia Operating Income Chart

United Overseas Australia Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Operating Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 147.28 116.54 94.88 92.14 77.23

United Overseas Australia Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 44.91 38.07 54.07 45.56 31.67

United Overseas Australia 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 Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was A$77.2 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.


United Overseas Australia  (ASX:UOS) Operating Income Explanation

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

United Overseas Australia's annualized ROC % for the quarter that ended in Dec. 2023 is calculated as:

ROC % (Q: Dec. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2023 ) + Invested Capital (Q: Dec. 2023 ))/ count )
=63.348 * ( 1 - 20.28% )/( (1969.267 + 2035.19)/ 2 )
=50.5010256/2002.2285
=2.52 %

where

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))
=2957.078 - 160.635 - ( 827.176 - max(0, 407.085 - 1443.451+827.176))
=1969.267

Invested Capital(Q: Dec. 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))
=2990.389 - 211.547 - ( 743.652 - max(0, 441.398 - 1474.03+743.652))
=2035.19

Note: The Operating Income data used here is two times the semi-annual (Dec. 2023) data.

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

United Overseas Australia's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2023  Q: Dec. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=182.944/( ( (256.347 + max(209.19, 0)) + (126.596 + max(194.755, 0)) )/ 2 )
=182.944/( ( 465.537 + 321.351 )/ 2 )
=182.944/393.444
=46.50 %

where Working Capital is:

Working Capital(Q: Jun. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(132.314 + 449.042 + 34.919) - (160.635 + 2.87 + 243.58)
=209.19

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(41.308 + 454.286 + 140.559) - (211.547 + 2.46 + 227.391)
=194.755

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Dec. 2023) EBIT data.

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

United Overseas Australia's Operating Margin % for the quarter that ended in Dec. 2023 is calculated as:

Operating Margin %=Operating Income (Q: Dec. 2023 )/Revenue (Q: Dec. 2023 )
=31.674/136.013
=23.29 %

* 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.


United Overseas Australia Operating Income Related Terms

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United Overseas Australia (ASX:UOS) Business Description

Traded in Other Exchanges
Address
No. 8, Jalan Kerinchi, Lobby A, Avenue 10, The Vertical, UOA Corporate Tower, Bangsar South City, Kuala Lumpur, SGR, MYS, 59200
United Overseas Australia Ltd is a real estate development company. The company is focused on the development and resale of land and buildings, Investment in the form of rental properties. The group has three operating segments: Investment, Land development & Resale, and Others. Its investment segment includes the holding of investment properties to generate rental income, capital appreciation, or both. Land development and resale segment include development, construction, and sale of residential and commercial properties. The other segment includes operations of hotel and food and beverage outlets, provision of facilities support services and car park operations. The group generates a majority of revenue from the Land development and resale segment.

United Overseas Australia (ASX:UOS) Headlines

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