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Boustead Holdings Bhd (XKLS:2771) Operating Income : RM384 Mil (TTM As of Mar. 2023)


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What is Boustead Holdings Bhd Operating Income?

Boustead Holdings Bhd's Operating Income for the three months ended in Mar. 2023 was RM38 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2023 was RM384 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Boustead Holdings Bhd's Operating Income for the three months ended in Mar. 2023 was RM38 Mil. Boustead Holdings Bhd's Revenue for the three months ended in Mar. 2023 was RM3,238 Mil. Therefore, Boustead Holdings Bhd's Operating Margin % for the quarter that ended in Mar. 2023 was 1.16%.

Boustead Holdings Bhd'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. Boustead Holdings Bhd's annualized ROC % for the quarter that ended in Mar. 2023 was 2.58%. Boustead Holdings Bhd's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2023 was 4.51%.


Boustead Holdings Bhd Operating Income Historical Data

The historical data trend for Boustead Holdings Bhd'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.

Boustead Holdings Bhd Operating Income Chart

Boustead Holdings Bhd Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Operating Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only -7.60 79.00 251.80 948.50 710.30

Boustead Holdings Bhd Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 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 363.90 313.90 -36.30 68.80 37.50

Boustead Holdings Bhd 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 RM384 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.


Boustead Holdings Bhd  (XKLS:2771) Operating Income Explanation

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

Boustead Holdings Bhd'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 )
=150 * ( 1 - -171.7% )/( (15894.9 + 15656.7)/ 2 )
=407.55/15775.8
=2.58 %

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:

Boustead Holdings Bhd'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 )
=295.2/( ( (6555.8 + max(-719.5, 0)) + (6522.4 + max(-480.7, 0)) )/ 2 )
=295.2/( ( 6555.8 + 6522.4 )/ 2 )
=295.2/6539.1
=4.51 %

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)
=(1103.2 + 1317.5 + 198.6) - (2986.1 + 0 + 352.7)
=-719.5

Working Capital(Q: Mar. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1557.1 + 1258.1 + 29.3) - (3217.6 + 0 + 107.6)
=-480.7

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 %:

Boustead Holdings Bhd'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 )
=37.5/3237.5
=1.16 %

* 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.


Boustead Holdings Bhd Operating Income Related Terms

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Boustead Holdings Bhd (XKLS:2771) Business Description

Traded in Other Exchanges
N/A
Address
No. 10, Jalan PJU 7/6, Level 23, The Bousteador, Mutiara Damansara, Petaling Jaya, SGR, MYS, 47800
Boustead Holdings Bhd is a conglomerate. The company operates in six segments. The plantation division primarily involves the planting of oil palm and processing of crude palm oil. The heavy industries division primarily involves shipbuilding, fabrication of offshore structures, and vessel restoration and maintenance. The Property and Industrial Division division primarily involves real estate development and leasing, as well as hotel operation. The pharmaceutical division manufactures, trades, and markets pharmaceutical products. The trading and industrial division operates a petrol station network and manufactures and trades building materials.

Boustead Holdings Bhd (XKLS:2771) Headlines

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