CIIT (Tianci International) Operating Income: $-2.09 Mil (TTM As of Apr. 2026)


CIIT Tianci International Inc CIIT
39 GF Score
Price $0.48
GF Value $10.26
Valuation Possible Value Trap
! 2 Warning Signs
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What is Tianci International Operating Income?

Tianci International CIIT -7.91% 39 Operating Income is $-2.09 Mil as of Apr. 2026. GuruFocus rates CIIT with a GF Score™ of 39/100 and a GF Value™ of $10.26 (Possible Value Trap). The stock has 2 warning signs investors should review.

Tianci International's Operating Income for the three months ended in Apr. 2026 was $0.12 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Apr. 2026 was $-2.09 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Tianci International's Operating Income for the three months ended in Apr. 2026 was $0.12 Mil. Tianci International's Revenue for the three months ended in Apr. 2026 was $4.31 Mil. Therefore, Tianci International's Operating Margin % for the quarter that ended in Apr. 2026 was 2.67%.

Tianci International'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. Tianci International's annualized ROC % for the quarter that ended in Apr. 2026 was 18.23%. Tianci International's annualized ROC (Joel Greenblatt) % for the quarter that ended in Apr. 2026 was 23.29%.

Tianci International  (NAS:CIIT) Operating Income Explanation

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

Tianci International's annualized ROC % for the quarter that ended in Apr. 2026 is calculated as:

ROC % (Q: Apr. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jan. 2026 ) + Invested Capital (Q: Apr. 2026 ))/ count )
=0.46 * ( 1 - 20.87% )/( (1.959 + 2.035)/ 2 )
=0.363998/1.997
=18.23 %

where

Invested Capital(Q: Jan. 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))
=2.69 - 0.008 - ( 0.723 - max(0, 0.073 - 2.579+0.723))
=1.959

Invested Capital(Q: Apr. 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))
=2.785 - 0.032 - ( 0.718 - max(0, 0.093 - 2.689+0.718))
=2.035

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

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

Tianci International's annualized ROC (Joel Greenblatt) % for the quarter that ended in Apr. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Apr. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jan. 2026  Q: Apr. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=0.46/( ( (0.09 + max(1.848, 0)) + (0.074 + max(1.939, 0)) )/ 2 )
=0.46/( ( 1.938 + 2.013 )/ 2 )
=0.46/1.9755
=23.29 %

where Working Capital is:

Working Capital(Q: Jan. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.562 + 0.517 + 0.777) - (0.008 + 0 + -1.3877787807814E-17)
=1.848

Working Capital(Q: Apr. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.958 + 0.282 + 0.731) - (0.032 + 0 + 0)
=1.939

When net working capital is negative, 0 is used.

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

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

Tianci International's Operating Margin % for the quarter that ended in Apr. 2026 is calculated as:

Operating Margin %=Operating Income (Q: Apr. 2026 )/Revenue (Q: Apr. 2026 )
=0.115/4.311
=2.67 %

* 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.

Tianci International Operating Income Related Terms

Tianci International Operating Income Historical Data

* Premium members only.

The historical data trend for Tianci International'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.

Tianci International Operating Income Chart

Tianci International Annual Data
Trend Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24 Jul25
Operating Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.06 0.19 -0.34 0.17 -2.71

Tianci International Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 -0.97 -1.52 -0.27 -0.42 0.12
CIIT
39GF Score
Tianci International Inc CIIT
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
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Tianci International 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 Apr. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $-2.09 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 $-2.09 Mil mean?
Tianci International (CIIT) has a Operating Income of $-2.09 Mil as of Apr. 2026. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Tianci International and its competitors.
Is Tianci International's Operating Income too high?
Tianci International's current Operating Income is $-2.09 Mil. Overall, Tianci International has a GF Score™ of 39/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Tianci International's Operating Income compare to JYD and HXHX?
Tianci International's Operating Income of $-2.09 Mil can be compared against companies in the Transportation 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 Transportation company?
A good Operating Income depends on the Transportation 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 Tianci International and its competitors. Tianci International's current Operating Income is $-2.09 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tianci International stock overvalued right now?
Based on GuruFocus' analysis, Tianci International (CIIT) is currently considered Possible Value Trap. The stock's GF Value™ is $10.26, compared to a current price of $0.48 — trading 95.3% below its estimated fair value. The current Operating Income is $-2.09 Mil. Tianci International's overall GF Score™ is 39/100 with 2 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 Tianci International (CIIT), the current Operating Income is $-2.09 Mil as of Apr. 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 Tianci International (CIIT) Overvalued in 2026?

Based on GuruFocus' analysis, Tianci International stock appears to be undervalued. The current stock price of $0.48 is trading 95.3% below its estimated GF Value™ of $10.26. GuruFocus considers Tianci International to be Possible Value Trap.

Key valuation signals for CIIT:

  • Operating Income: $-2.09 Mil
  • GF Value™: $10.26 vs. price of $0.48 (95.3% below fair value)
  • GF Score™: 39/100 with 2 warning signs

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

Tianci International Business Description

Address 28 Canton Road, Unit 1109, Lippo Sun Plaza, Tsim Sha Tsui, Kowloon, Hong Kong, HKG, 999077
Tianci International Inc through its subsidiary, provides logistics services. It is engaged in logistics solutions, including sea freight forwarding, and logistic software development and maintenance. The company also engages in distributing electronic device hardware components, such as computer chips, Wi-Fi modules, Bluetooth modules, 4G network modules, LED screens, and touch screens. It generates the majority of its revenue from the Global Logistics Services business.
39GF Score

Get the complete analysis for CIIT

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

$0.48
Price
$10.26
GF Value