Ingress Industrial (Thailand) PCL (BKK:INGRS) Operating Income: ฿135 Mil (TTM As of Oct. 2025)

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What is Ingress Industrial (Thailand) PCL Operating Income?

Ingress Industrial (Thailand) PCL BKK:INGRS Operating Income is ฿135 Mil as of Oct. 2025. The stock has 5 warning signs investors should review.

Ingress Industrial (Thailand) PCL's Operating Income for the three months ended in Oct. 2025 was ฿-171 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Oct. 2025 was ฿135 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Ingress Industrial (Thailand) PCL's Operating Income for the three months ended in Oct. 2025 was ฿-171 Mil. Ingress Industrial (Thailand) PCL's Revenue for the three months ended in Oct. 2025 was ฿1,755 Mil. Therefore, Ingress Industrial (Thailand) PCL's Operating Margin % for the quarter that ended in Oct. 2025 was -9.74%.

Ingress Industrial (Thailand) PCL'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. Ingress Industrial (Thailand) PCL's annualized ROC % for the quarter that ended in Oct. 2025 was -7.81%. Ingress Industrial (Thailand) PCL's annualized ROC (Joel Greenblatt) % for the quarter that ended in Oct. 2025 was -20.01%.

Ingress Industrial (Thailand) PCL  (BKK:INGRS) Operating Income Explanation

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

Ingress Industrial (Thailand) PCL's annualized ROC % for the quarter that ended in Oct. 2025 is calculated as:

ROC % (Q: Oct. 2025 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jul. 2025 ) + Invested Capital (Q: Oct. 2025 ))/ count )
=-683.772 * ( 1 - 34.29% )/( (5763.942 + 5744.529)/ 2 )
=-449.3065812/5754.2355
=-7.81 %

where

Invested Capital(Q: Jul. 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))
=7063.214 - 1598.026 - ( 744.109 - max(0, 3079.197 - 2780.443+744.109))
=5763.942

Invested Capital(Q: Oct. 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))
=6690.546 - 1512.977 - ( 556.596 - max(0, 2888.314 - 2321.354+556.596))
=5744.529

Note: The Operating Income data used here is four times the quarterly (Oct. 2025) data.

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

Ingress Industrial (Thailand) PCL's annualized ROC (Joel Greenblatt) % for the quarter that ended in Oct. 2025 is calculated as:

ROC (Joel Greenblatt) %(Q: Oct. 2025 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jul. 2025  Q: Oct. 2025
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-733.096/( ( (3633.168 + max(-639.487, 0)) + (3695.128 + max(-493.803, 0)) )/ 2 )
=-733.096/( ( 3633.168 + 3695.128 )/ 2 )
=-733.096/3664.148
=-20.01 %

where Working Capital is:

Working Capital(Q: Jul. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(734.202 + 352.471 + 134.16) - (1598.026 + 0.068 + 262.226)
=-639.487

Working Capital(Q: Oct. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(736.054 + 346.543 + 153.497) - (1512.977 + 0.066 + 216.854)
=-493.803

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Oct. 2025) EBIT data.

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

Ingress Industrial (Thailand) PCL's Operating Margin % for the quarter that ended in Oct. 2025 is calculated as:

Operating Margin %=Operating Income (Q: Oct. 2025 )/Revenue (Q: Oct. 2025 )
=-170.943/1755.122
=-9.74 %

* 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.

Ingress Industrial (Thailand) PCL Operating Income Related Terms

Ingress Industrial (Thailand) PCL Operating Income Historical Data

* Premium members only.

The historical data trend for Ingress Industrial (Thailand) PCL'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.

Ingress Industrial (Thailand) PCL Operating Income Chart

Ingress Industrial (Thailand) PCL Annual Data
Trend Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25
Operating Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only -159.52 -258.26 -292.95 119.37 378.68

Ingress Industrial (Thailand) PCL Quarterly Data
Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25
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 106.73 91.17 55.28 159.41 -170.94

Ingress Industrial (Thailand) PCL 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 Oct. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was ฿135 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 ฿135 Mil mean?
Ingress Industrial (Thailand) PCL (BKK:INGRS) has a Operating Income of ฿135 Mil as of Oct. 2025. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Ingress Industrial (Thailand) PCL and its competitors.
Is Ingress Industrial (Thailand) PCL's Operating Income too high?
Ingress Industrial (Thailand) PCL's current Operating Income is ฿135 Mil.
How does Ingress Industrial (Thailand) PCL's Operating Income compare to ORLY and AZO?
Ingress Industrial (Thailand) PCL's Operating Income of ฿135 Mil can be compared against companies in the Vehicles & Parts 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 Vehicles & Parts company?
A good Operating Income depends on the Vehicles & Parts 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 Ingress Industrial (Thailand) PCL and its competitors. Ingress Industrial (Thailand) PCL's current Operating Income is ฿135 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ingress Industrial (Thailand) PCL stock overvalued right now?
Based on GuruFocus' analysis, Ingress Industrial (Thailand) PCL (BKK:INGRS) is currently considered Possible Value Trap. The stock's GF Value™ is ฿0.45, compared to a current price of ฿0.09 — trading 80% below its estimated fair value. The current Operating Income is ฿135 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 Ingress Industrial (Thailand) PCL (BKK:INGRS), the current Operating Income is ฿135 Mil as of Oct. 2025. 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.

Ingress Industrial (Thailand) PCL Business Description

Address Ramkhamhaeng Road, 9/141, 14th Floor, Unit A, UM Tower Building, Suanluang, Bangkok, THA, 10250
Ingress Industrial (Thailand) PCL is engaged in investment holdings. It manufactures and distributes automotive components. The company derives the majority of its revenues from Malaysia. Its products include Roll forming products; Stamping Products; and Tool making and automation solutions. Its operations are carried on in Thailand, Malaysia, Indonesia, and India.