AHCHF (Anhui Conch Cement Co) Operating Income: $1,235 Mil (TTM As of Mar. 2026)

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AHCHF Anhui Conch Cement Co Ltd AHCHF
62 GF Score
Price $2.28
GF Value $2.25
Valuation Fairly Valued
! 6 Warning Signs
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What is Anhui Conch Cement Co Operating Income?

Anhui Conch Cement Co AHCHF 62 Operating Income is $1,235 Mil as of Mar. 2026. GuruFocus rates AHCHF with a GF Score™ of 62/100 and a GF Value™ of $2.25 (Fairly Valued). The stock has 6 warning signs investors should review.

Anhui Conch Cement Co's Operating Income for the three months ended in Mar. 2026 was $233 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was $1,235 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Anhui Conch Cement Co's Operating Income for the three months ended in Mar. 2026 was $233 Mil. Anhui Conch Cement Co's Revenue for the three months ended in Mar. 2026 was $2,476 Mil. Therefore, Anhui Conch Cement Co's Operating Margin % for the quarter that ended in Mar. 2026 was 9.40%.

Warning Sign:

Anhui Conch Cement Co Ltd operating margin has been in a 5-year decline. The average rate of decline per year is -18.2%.

Anhui Conch Cement Co's 5-Year average Growth Rate for Operating Margin % was -18.20% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Anhui Conch Cement Co's annualized ROC % for the quarter that ended in Mar. 2026 was 2.81%. Anhui Conch Cement Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 8.19%.


Anhui Conch Cement Co  (OTCPK:AHCHF) Operating Income Explanation

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

Anhui Conch Cement Co's annualized ROC % for the quarter that ended in Mar. 2026 is calculated as:

ROC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=931.064 * ( 1 - 23.27% )/( (25137.619 + 25671.052)/ 2 )
=714.4054072/25404.3355
=2.81 %

where

Invested Capital(Q: Dec. 2025 )
=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))
=36347.219 - 2550.716 - ( 8966.323 - max(0, 3949.697 - 12608.581+8966.323))
=25137.619

Invested Capital(Q: Mar. 2026 )
=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))
=36735.743 - 2169.306 - ( 8895.385 - max(0, 3455.669 - 12562.278+8895.385))
=25671.052

Note: The Operating Income data used here is four times the quarterly (Mar. 2026) data.

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

Anhui Conch Cement Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=1168.676/( ( (14140.459 + max(-570.245, 0)) + (14391.737 + max(-240.158, 0)) )/ 2 )
=1168.676/( ( 14140.459 + 14391.737 )/ 2 )
=1168.676/14266.098
=8.19 %

where Working Capital is:

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(414.914 + 1078.622 + 900.943) - (2550.716 + 0 + 414.008)
=-570.245

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(400.425 + 1157.622 + 752.824) - (2169.306 + 0 + 381.723)
=-240.158

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

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

Anhui Conch Cement Co's Operating Margin % for the quarter that ended in Mar. 2026 is calculated as:

Operating Margin %=Operating Income (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=232.766/2476.209
=9.40 %

* 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.


Anhui Conch Cement Co Operating Income Related Terms


Anhui Conch Cement Co Operating Income Historical Data

* Premium members only.

The historical data trend for Anhui Conch Cement 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.

Anhui Conch Cement Co Operating Income Chart

Anhui Conch Cement Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Operating Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6,235.83 2,427.43 1,675.17 1,195.10 1,287.84

Anhui Conch Cement Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 266.11 463.32 275.43 263.02 232.77
AHCHF
62GF Score
Anhui Conch Cement Co Ltd AHCHF
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
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Anhui Conch Cement 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. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $1,235 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.

Frequently Asked Questions Learn more about Operating Income →
What does a Operating Income of $1,235 Mil mean?
Anhui Conch Cement Co (AHCHF) has a Operating Income of $1,235 Mil as of Mar. 2026. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Anhui Conch Cement Co and its competitors.
Is Anhui Conch Cement Co's Operating Income too high?
Anhui Conch Cement Co's current Operating Income is $1,235 Mil. Overall, Anhui Conch Cement Co has a GF Score™ of 62/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Anhui Conch Cement Co's Operating Income compare to CRH and VMC?
Anhui Conch Cement Co's Operating Income of $1,235 Mil can be compared against companies in the Building Materials industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Operating Income for a Building Materials company?
A good Operating Income depends on the Building Materials industry context. However, Operating Income should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Operating Income mean?
A high Operating Income can signal that a stock is expensive relative to its fundamentals. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Anhui Conch Cement Co and its competitors. Anhui Conch Cement Co's current Operating Income is $1,235 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Anhui Conch Cement Co stock overvalued right now?
Based on GuruFocus' analysis, Anhui Conch Cement Co (AHCHF) is currently considered Fairly Valued. The stock's GF Value™ is $2.25, compared to a current price of $2.28 — trading 1.1% above its estimated fair value. The current Operating Income is $1,235 Mil. Anhui Conch Cement Co's overall GF Score™ is 62/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Operating Income calculated?
Operating Income is calculated from a company's financial statements. For Anhui Conch Cement Co (AHCHF), the current Operating Income is $1,235 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Anhui Conch Cement Co (AHCHF) Overvalued in 2026?

Based on GuruFocus' analysis, Anhui Conch Cement Co stock appears to be overvalued. The current stock price of $2.28 is trading 1.1% above its estimated GF Value™ of $2.25. GuruFocus considers Anhui Conch Cement Co to be Fairly Valued.

Key valuation signals for AHCHF:

  • Operating Income: $1,235 Mil
  • GF Value™: $2.25 vs. price of $2.28 (1.1% above fair value)
  • GF Score™: 62/100 with 6 warning signs

No single metric tells the full story. See the AHCHF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Anhui Conch Cement Co Business Description

Address No. 39 Wenhua Road, Anhui Province, Wuhu, CHN, 241000
Anhui Conch Cement mainly engages in the production and sale of cement, clinker, and concrete in China. The company was established in 1997 and headquartered in Anhui province. With annual cement production capacity of over 400 million metric tons in 2025, the firm is the second-largest cement manufacturer in China. Sales of self-produced products contribute to about 80% of its revenue, with the remainder mainly from the trading business and service income.
62GF Score

Get the complete analysis for AHCHF

Operating Income is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$2.28
Price
$2.25
GF Value