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Golden Ally Lifetech Group (Golden Ally Lifetech Group) Operating Income : $-6.52 Mil (TTM As of Mar. 2023)


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What is Golden Ally Lifetech Group Operating Income?

Golden Ally Lifetech Group's Operating Income for the three months ended in Mar. 2023 was $-2.43 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2023 was $-6.52 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Golden Ally Lifetech Group's Operating Income for the three months ended in Mar. 2023 was $-2.43 Mil. Golden Ally Lifetech Group's Revenue for the three months ended in Mar. 2023 was $0.00 Mil. Therefore, Golden Ally Lifetech Group's Operating Margin % for the quarter that ended in Mar. 2023 was %.

Golden Ally Lifetech Group'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. Golden Ally Lifetech Group's annualized ROC % for the quarter that ended in Mar. 2023 was -1,015.90%. Golden Ally Lifetech Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2023 was -10,116.67%.


Golden Ally Lifetech Group Operating Income Historical Data

The historical data trend for Golden Ally Lifetech Group'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.

Golden Ally Lifetech Group Operating Income Chart

Golden Ally Lifetech Group Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec19 Dec20 Dec21 Dec22
Operating Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.36 -0.11 -0.36 -0.06 -6.07

Golden Ally Lifetech Group Quarterly Data
Mar14 Jun14 Sep14 Dec14 Mar15 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 -1.96 -1.59 -1.42 -1.09 -2.43

Golden Ally Lifetech Group 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 $-6.52 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.


Golden Ally Lifetech Group  (OTCPK:AQPW) Operating Income Explanation

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

Golden Ally Lifetech Group'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 )
=-9.712 * ( 1 - 0% )/( (1.11 + 0.802)/ 2 )
=-9.712/0.956
=-1,015.90 %

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:

Golden Ally Lifetech Group'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 )
=-9.712/( ( (0.098 + max(0.013, 0)) + (0.081 + max(-0.279, 0)) )/ 2 )
=-9.712/( ( 0.111 + 0.081 )/ 2 )
=-9.712/0.096
=-10,116.67 %

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 + 0.041) - (0.029 + 0 + -0.001)
=0.013

Working Capital(Q: Mar. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.025) - (0.303 + 0 + 0.001)
=-0.279

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 %:

Golden Ally Lifetech Group'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 )
=-2.428/0
= %

* 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.


Golden Ally Lifetech Group Operating Income Related Terms

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Golden Ally Lifetech Group (Golden Ally Lifetech Group) Business Description

Traded in Other Exchanges
N/A
Address
901 South Mopac Expresssway Building 1, Suite 300, Austin, TX, USA, 78746
Golden Ally Lifetech Group Inc engages in the business of manufacturing and distributing water products. It is focused on the development and exploration of water filtration technology and consumer products with Aquaporin (AQP) Active Water. AQP Active Water is the product of a water filtration technology derived from raw materials with access by Golden Ally. The advanced technology can enhance water filtration for better body cell absorption to improve health.
Executives
Xiaodong Yan officer: Chief United Nations Officer EVER-GLORY COMM. CENTER, HUARUI BLDG., NO. 33 YUDAO ST., NANJING F4 210007
Vincent Wang officer: Secretary 800 E. COLORADO BLVD., STE 888, PASADENA CA 91101
Wen Li director, officer: Chief Technology Officer C/O GOLDEN ALLY LIFETECH GROUP INC., 901 S. MOPAC EXP., BUILDING,1, SUITE 300, AUSTIN TX 78746
Oliver Keren Ban director, officer: Chief Executive Officer C/O GOLDEN ALLY LIFETECH GROUP INC., 901 S. MOPAC EXP., BUILDING,1, SUITE 300, AUSTIN TX 78746
Tak Yiu Cheng officer: Chief Financial Officer C/O GOLDEN ALLY LIFETECH GROUP INC., 901 S. MOPAC EXP., BUILDING,1, SUITE 300, AUSTIN TX 78746
Carter Yeung director, officer: Chief Marketing Officer C/O GOLDEN ALLY LIFETECH GROUP INC., 901 S. MOPAC EXP., BUILDING,1, SUITE 300, AUSTIN TX 78746
Yunfeng Lu director C/O GOLDEN ALLY LIFETECH GROUP INC., 901 S. MOPAC EXP., BUILDING,1, SUITE 300, AUSTIN TX 78746
Rhea Chau Yeung 10 percent owner C/O GOLDEN ALLY LIFETECH GROUP INC., 901 S. MOPAC EXP., BUILDING,1, SUITE 300, AUSTIN TX 78746
Benjamin Yeung other: owner of Taucoin Asset Mgmt. C/O GOLDEN ALLY LIFETECH GROUP INC., 901 S. MOPAC EXP., BUILDING,1, SUITE 300, AUSTIN TX 78746
Taucoin Asset Management Llc 10 percent owner C/O GOLDEN ALLY LIFETECH GROUP INC., 901 S. MOPAC EXP., BUILDING,1, SUITE 300, AUSTIN TX 78746
Commonwealth Investments Llc 10 percent owner C/O GOLDEN ALLY LIFETECH GROUP INC., 901 S. MOPAC EXP., BUILDING,1, SUITE 300, AUSTIN TX 78746
Signet Entertainment Corp 10 percent owner 205 WORTH AVENUE, SUITE 316, PALM BEACH FL 33480
Ernest W Letiziano director, 10 percent owner, officer: President, CEO, CFO 205 WORTH AVENUE, SUITE #316, PALM BEACH FL 33480