BEUT (Science to Consumers) Operating Income: $-0.06 Mil (TTM As of Feb. 2017)


What is Science to Consumers Operating Income?

Science to Consumers BEUT Operating Income is $-0.06 Mil as of Feb. 2017.

Science to Consumers's Operating Income for the three months ended in Feb. 2017 was $-0.01 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Feb. 2017 was $-0.06 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Science to Consumers's Operating Income for the three months ended in Feb. 2017 was $-0.01 Mil. Science to Consumers's Revenue for the three months ended in Feb. 2017 was $0.00 Mil. Therefore, Science to Consumers's Operating Margin % for the quarter that ended in Feb. 2017 was %.

Science to Consumers'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. Science to Consumers's annualized ROC % for the quarter that ended in Feb. 2017 was -81.82%. Science to Consumers's annualized ROC (Joel Greenblatt) % for the quarter that ended in Feb. 2017 was %.

Science to Consumers  (OTCPK:BEUT) Operating Income Explanation

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

Science to Consumers's annualized ROC % for the quarter that ended in Feb. 2017 is calculated as:

ROC % (Q: Feb. 2017 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Nov. 2016 ) + Invested Capital (Q: Feb. 2017 ))/ count )
=-0.036 * ( 1 - 0% )/( (0.04 + 0.048)/ 2 )
=-0.036/0.044
=-81.82 %

where

Invested Capital(Q: Nov. 2016 )
=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))
=0.008 - 0.036 - ( 0.001 - max(0, 0.069 - 0.001+0.001))
=0.04

Invested Capital(Q: Feb. 2017 )
=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))
=0.006 - 0.044 - ( 0 - max(0, 0.086 - 0+0))
=0.048

Note: The Operating Income data used here is four times the quarterly (Feb. 2017) data.

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

Science to Consumers's annualized ROC (Joel Greenblatt) % for the quarter that ended in Feb. 2017 is calculated as:

ROC (Joel Greenblatt) %(Q: Feb. 2017 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Nov. 2016  Q: Feb. 2017
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-0.072/( ( (0 + max(-0.036, 0)) + (0 + max(-0.044, 0)) )/ 2 )
=-0.072/( ( 0 + 0 )/ 2 )
=-0.072/0
= %

where Working Capital is:

Working Capital(Q: Nov. 2016 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0) - (0.036 + 0 + 0)
=-0.036

Working Capital(Q: Feb. 2017 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0) - (0.044 + 0 + 0)
=-0.044

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Feb. 2017) EBIT data.

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

Science to Consumers's Operating Margin % for the quarter that ended in Feb. 2017 is calculated as:

Operating Margin %=Operating Income (Q: Feb. 2017 )/Revenue (Q: Feb. 2017 )
=-0.009/0
= %

* 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.

Science to Consumers Operating Income Related Terms

Science to Consumers Operating Income Historical Data

* Premium members only.

The historical data trend for Science to Consumers'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.

Science to Consumers Operating Income Chart

Science to Consumers Annual Data
Trend May13 May14 May15 May16
Operating Income
0.00 -0.03 -0.05 -0.06

Science to Consumers Quarterly Data
May13 Aug13 Nov13 Feb14 May14 Aug14 Nov14 Feb15 May15 Aug15 Nov15 Feb16 May16 Aug16 Nov16 Feb17
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 -0.02 -0.02 -0.01 -0.02 -0.01

Science to Consumers 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 Feb. 2017 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.06 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 $-0.06 Mil mean?
Science to Consumers (BEUT) has a Operating Income of $-0.06 Mil as of Feb. 2017. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Science to Consumers and its competitors.
Is Science to Consumers' Operating Income too high?
Science to Consumers' current Operating Income is $-0.06 Mil.
How does Science to Consumers' Operating Income compare to CAWW and TECR?
Science to Consumers' Operating Income of $-0.06 Mil can be compared against companies in the Consumer Packaged Goods 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 Consumer Packaged Goods company?
A good Operating Income depends on the Consumer Packaged Goods 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 Science to Consumers and its competitors. Science to Consumers's current Operating Income is $-0.06 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Science to Consumers stock overvalued right now?
Science to Consumers (BEUT) has a current Operating Income of $-0.06 Mil. The current Operating Income is $-0.06 Mil. 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 Science to Consumers (BEUT), the current Operating Income is $-0.06 Mil as of Feb. 2017. 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.

Science to Consumers Business Description

Address 555 Ren Min Road, Room 1618, American Bank Centre, Guangzhou, CHN
Science to Consumers Inc is engaged in the development of anti-aging products. Its products include Dermalastyl Facial Scrub, Dermalastyl Bx Pro, Dermalastyl Bx Elastropin, Dermalastyl-e Intensive Eye Serum, Dermalastyl-m Wrinkle Eye Radicator, Dermalastyl-m Anti- Wrinkle after-shave for Men. The company provides direct-to-consumer sales, marketing and distribution of finished consumer skin care products provided by Protein Genomics via direct response advertisements and other globally marketing and distribution channels.