Ruihe Data Technology Holdings (HKSE:03680) Operating Income : HK$-60.4 Mil (TTM As of Dec. 2023)

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What is Ruihe Data Technology Holdings Operating Income?

Ruihe Data Technology Holdings's Operating Income for the six months ended in Dec. 2023 was HK$-27.4 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2023 was HK$-60.4 Mil.

Warning Sign:

Ruihe Data Technology Holdings Ltd has never been profitable in the past 3 years. It lost money every year.

Operating Margin % is calculated as Operating Income divided by its Revenue. Ruihe Data Technology Holdings's Operating Income for the six months ended in Dec. 2023 was HK$-27.4 Mil. Ruihe Data Technology Holdings's Revenue for the six months ended in Dec. 2023 was HK$270.0 Mil. Therefore, Ruihe Data Technology Holdings's Operating Margin % for the quarter that ended in Dec. 2023 was -10.15%.

Ruihe Data Technology Holdings'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. Ruihe Data Technology Holdings's annualized ROC % for the quarter that ended in Dec. 2023 was -16.20%. Ruihe Data Technology Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -251.45%.

Ruihe Data Technology Holdings Operating Income Historical Data

The historical data trend for Ruihe Data Technology Holdings'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.

Ruihe Data Technology Holdings Operating Income Chart

Ruihe Data Technology Holdings Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Operating Income

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21.22

9.02

-61.10

-72.98

-60.36

Ruihe Data Technology Holdings Semi-Annual Data
	Dec16	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Operating Income	Get a 7-Day Free Trial								-13.56	-44.64	-30.45	-32.95	-27.41

Ruihe Data Technology Holdings 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 HK$-60.4 Mil.

Ruihe Data Technology Holdings (HKSE:03680) Operating Income Explanation

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

Ruihe Data Technology Holdings'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 )
=	-54.82 * ( 1 - 1.54% )	/	( (310.534	+	355.925)	/ 2 )
=	-53.975772	/	333.2295
=	-16.20 %

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	))
=	423.453	-	71.838	-	( 75.133	-	max(0, 228.898	-	269.979	+	75.133	))
=	310.534

	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	))
=	485.8	-	137.951	-	( 123.878	-	max(0, 339.085	-	331.009	+	123.878	))
=	355.925

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:

Ruihe Data Technology Holdings'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 )
=	-92.53	/	( ( (36.836 + max(-46.245, 0))	+	(36.761 + max(-27.752, 0)) )	/	2 )
=	-92.53	/	( ( 36.836	+	36.761 )	/	2 )
=	-92.53	/	36.7985
=	-251.45 %

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)
=	(73.875	+	0	+	13.101)	-	(71.838	+	0	+	61.383)
=	-46.245

	Working Capital		(Q: Dec. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(112.342	+	0	+	11.518)	-	(137.951	+	0	+	13.661)
=	-27.752

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 %:

Ruihe Data Technology Holdings'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 )
	=	-27.41	/	269.965
	=	-10.15 %

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.

Ruihe Data Technology Holdings Operating Income Related Terms

Thank you for viewing the detailed overview of Ruihe Data Technology Holdings's Operating Income provided by GuruFocus.com. Please click on the following links to see related term pages.

Ruihe Data Technology Holdings (HKSE:03680) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Ruihe Data Technology Holdings Ltd (HKSE:03680) » Definitions » Operating Income

Comparable Companies

Traded in Other Exchanges

N/A

Address

Cangqian Street, Room 4101, 41st Floor, Building 2, Euro-American Financial City, Yuhang District, Zhejiang Province, Hangzhou, CHN

Website

https://www.datamargin.com

Ruihe Data Technology Holdings Ltd formerly Suoxinda Holdings Ltd is engaged in the provision of data solutions, sales of hardware and software, and related services as an integrated service, as well as information technology maintenance and support services. It derives maximum revenue from Data solutions.

Executives

Xue Shouguang	2201 Interest of corporation controlled by you
Mindas Touch Global Limited	2101 Beneficial owner
Shen Zhen Shi Gao Sheng Da Lv You Qi Che Fu Wu You Xian Gong Si	2101 Beneficial owner
Wang Donglin	2201 Interest of corporation controlled by you
Treasure Tree Asia Holdings Co. Ltd	2101 Beneficial owner
Chen Weiping	2202 Interest of your spouse
Wu Xinlan	2202 Interest of your spouse
Chen Zhenping	2101 Beneficial owner
Wang Donglin	2101 Beneficial owner
Ideal Treasure Holdings Limited	2101 Beneficial owner
Wu Xiaohua	2201 Interest of corporation controlled by you
Chi Xianfang	2202 Interest of your spouse
Huatai Securities Co., Ltd.	2201 Interest of corporation controlled by you
Song Hongtao	2101 Beneficial owner
Benefit Ocean Holdings Limited	2101 Beneficial owner

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