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Baiyu Holdings (Baiyu Holdings) Operating Income : $-16.8 Mil (TTM As of Dec. 2023)


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What is Baiyu Holdings Operating Income?

Baiyu Holdings's Operating Income for the three months ended in Dec. 2023 was $-2.5 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2023 was $-16.8 Mil.

Warning Sign:

Baiyu Holdings Inc has never been profitable in the past 3 years. It lost money every year.

Operating Margin % is calculated as Operating Income divided by its Revenue. Baiyu Holdings's Operating Income for the three months ended in Dec. 2023 was $-2.5 Mil. Baiyu Holdings's Revenue for the three months ended in Dec. 2023 was $31.6 Mil. Therefore, Baiyu Holdings's Operating Margin % for the quarter that ended in Dec. 2023 was -7.99%.

Baiyu Holdings'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. Baiyu Holdings's annualized ROC % for the quarter that ended in Dec. 2023 was -1.37%. Baiyu Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 9,773.23%.


Baiyu Holdings Operating Income Historical Data

The historical data trend for Baiyu Holdings'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.

Baiyu Holdings Operating Income Chart

Baiyu Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Operating Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2.26 0.59 -6.97 -7.85 -16.78

Baiyu Holdings Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 -2.65 -2.82 -8.38 -3.06 -2.53

Baiyu Holdings 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-16.8 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.


Baiyu Holdings  (NAS:BYU) Operating Income Explanation

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

Baiyu Holdings's annualized ROC % for the quarter that ended in Dec. 2023 is calculated as:

ROC % (Q: Dec. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2023 ) + Invested Capital (Q: Dec. 2023 ))/ count )
=-10.104 * ( 1 - 44.17% )/( (392.558 + 431.018)/ 2 )
=-5.6410632/411.788
=-1.37 %

where

Note: The Operating Income data used here is four times the quarterly (Dec. 2023) data.

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

Baiyu Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2023  Q: Dec. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=12.412/( ( (0.139 + max(-14.702, 0)) + (0.115 + max(-15.461, 0)) )/ 2 )
=12.412/( ( 0.139 + 0.115 )/ 2 )
=12.412/0.127
=9,773.23 %

where Working Capital is:

Working Capital(Q: Sep. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0.27 + 9.367) - (21.214 + 3.108 + 0.017000000000003)
=-14.702

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0.26 + 10.135) - (22.751 + 3.09 + 0.015000000000001)
=-15.461

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

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

Baiyu Holdings's Operating Margin % for the quarter that ended in Dec. 2023 is calculated as:

Operating Margin %=Operating Income (Q: Dec. 2023 )/Revenue (Q: Dec. 2023 )
=-2.526/31.624
=-7.99 %

* 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.


Baiyu Holdings Operating Income Related Terms

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Baiyu Holdings (Baiyu Holdings) Business Description

Traded in Other Exchanges
N/A
Address
139, Xinzhou 11th Street, Futian District, Shenzhen, CHN, 518000
Baiyu Holdings Inc is engaged in Bulk B2B commodity trading business and supply chain service business in China. The Commodities Trading Business involves purchasing the non-ferrous metal product from upstream metal and mineral suppliers and then selling to downstream customers. It offers comprehensive solutions and operations for global new energy storage systems and specialized sectors. The Supply Chain Service Business has served as a one-stop commodity supply chain service and digital intelligence supply chain platform integrating upstream and downstream enterprises, warehouses, logistics, information, and futures trading.
Executives
Shuxiang Zhang 10 percent owner FLR. 7 BLDG NO. 28 CHENGFU RD., YOUSHENG MANSION, HAIDIAN DISTRICT, BEIJING F4 00000
Renmei Ouyang director, officer: Chief Executive Officer ZHONGZHOU BUILDING, ROOM 3302, FUTIAN DISTRICT, SHENZHEN, GUANGDONG F4 518000
Wong Heung Ming Henry director YUEHAI STREET, NANSHAN DISTRICT, SHENZHEN F4 518054
Xiangjun Wang director JINGTIAN EAST ROAD, FUTIAN DISTRICT, SHENZHEN F4 518000
Qun Xie director, officer: Chief Strategy Officer NO. 6 MIDDLE XIERQI ROAD, ROOM 104, HAIDIAN DISTRICT, BEIJING F4 100085
Yang Jie 10 percent owner 108 WOOLEYS LN, GREAT NECK NJ 11023
Boling Liu director BAO'AN AVE, BAOAN QU, SHENZHEN,GUANGDONG F4 518102
Teck Chuan Yeo director 17 MIMOSA VIEW, SINGAPORE U0 8055697
Mingjie Zhao director, officer: Chief Executive Officer 190-19 50TH AVE, FRESH MEADOWS NY 11365
Weiliang Jie director BUILDING B, JINGANG HUATING, SHENZHEN F4 00000
Qinyan Yang director C/O CHINA COMMERICIAL CREDIT, NO. 1688, YUNLI ROAD TONGLI, WUJIANG JIANGSU PROVINCE F4 215200
Bo Xu director C/O CHINA COMMERICIAL CREDIT, NO. 1688, YUNLI ROAD TONGLI, WUJIANG JIANGSU PROVINCE F4 215200
Jingeng Ling director NO. 1688, YUNLI ROAD, TONGLI, WUJIANG, JIANGSU PROVINCE F4 0000000000
Xiangdong Xiao director NO.1688, YUNLI ROAD, TONGLI, WUJIANG, JIANGSU PROVINCE F4 0000000000
Jianmin Yin director NO. 1688, YUNLI ROAD, TONGLI, WUJIANG, JIANGSU PROVINCE F4 0000000000

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