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Sino American Oil Co (Sino American Oil Co) Operating Income : $-0.28 Mil (TTM As of Mar. 2023)


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What is Sino American Oil Co Operating Income?

Sino American Oil Co's Operating Income for the three months ended in Mar. 2023 was $-0.04 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2023 was $-0.28 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Sino American Oil Co's Operating Income for the three months ended in Mar. 2023 was $-0.04 Mil. Sino American Oil Co's Revenue for the three months ended in Mar. 2023 was $0.00 Mil. Therefore, Sino American Oil Co's Operating Margin % for the quarter that ended in Mar. 2023 was %.

Sino American Oil Co'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. Sino American Oil Co's annualized ROC % for the quarter that ended in Mar. 2023 was -19.51%. Sino American Oil Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2023 was %.


Sino American Oil Co Operating Income Historical Data

The historical data trend for Sino American Oil Co'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.

Sino American Oil Co Operating Income Chart

Sino American Oil Co Annual Data
Trend Sep06 Sep07 Sep08 Sep09 Sep10 Sep11 Sep19 Sep20 Sep21 Sep22
Operating Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.11 -0.10 -0.10 -0.74 -0.44

Sino American Oil Co Quarterly Data
Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Sep19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
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 -0.14 -0.05 -0.14 -0.06 -0.04

Sino American Oil Co 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 Mar. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.28 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.


Sino American Oil Co  (OTCPK:OILY) Operating Income Explanation

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

Sino American Oil Co's annualized ROC % for the quarter that ended in Mar. 2023 is calculated as:

ROC % (Q: Mar. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2022 ) + Invested Capital (Q: Mar. 2023 ))/ count )
=-0.148 * ( 1 - 0% )/( (0.77 + 0.747)/ 2 )
=-0.148/0.7585
=-19.51 %

where

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

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

Sino American Oil Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2023 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2022  Q: Mar. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=0.22/( ( (0 + max(-0.614, 0)) + (0 + max(-0.585, 0)) )/ 1 )
=0.22/( ( 0 + 0 )/ 1 )
=0.22/0
= %

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)
=(0 + 0 + 0) - (0.165 + 0 + 0.449)
=-0.614

Working Capital(Q: Mar. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0) - (0.135 + 0 + 0.45)
=-0.585

When net working capital is negative, 0 is used.

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

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

Sino American Oil Co's Operating Margin % for the quarter that ended in Mar. 2023 is calculated as:

Operating Margin %=Operating Income (Q: Mar. 2023 )/Revenue (Q: Mar. 2023 )
=-0.037/0
= %

* 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.


Sino American Oil Co Operating Income Related Terms

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Sino American Oil Co (Sino American Oil Co) Business Description

Traded in Other Exchanges
N/A
Address
2123 Pioneer Avenue, Cheyenne, WY, USA, 82001
Sino American Oil Company is an oil and gas exploration company. It also seeks mergers and acquisitions contracts and commodity trading of hydrocarbon products. The Company is currently negotiating deals with a large exploration area oil field owners in the Western Canadian sedimentary basin. The deals involve oil and gas production acquisitions, mineral land acquisitions, and further production increases through production optimization and drilling activities as well as production infrastructure installations.
Executives
Cameron R Fink director 5190 NEIL ROAD, SUITE 430, RENO NV 89502
Ronald Edward Hughes director, officer: President CFO 347 EVERGREEN WAY, POINT ROBERTS WA 98281
Heather Grant officer: Corporate Secretary 3631 GRANVILLE AVE, RICHMOND A1 V7C1C8
Arne Raabe director, 10 percent owner, officer: President, CFO 88 QUEENS ROAD, HONG KONG K3 999999
Craig Wacaser director 350 SOUTH CENTER STREET, SUITE 500, RENO NV 89501

Sino American Oil Co (Sino American Oil Co) Headlines

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