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Smart Powerr (Smart Powerr) Operating Income : $-0.80 Mil (TTM As of Dec. 2023)


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What is Smart Powerr Operating Income?

Smart Powerr's Operating Income for the three months ended in Dec. 2023 was $-0.19 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2023 was $-0.80 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Smart Powerr's Operating Income for the three months ended in Dec. 2023 was $-0.19 Mil. Smart Powerr's Revenue for the three months ended in Dec. 2023 was $0.00 Mil. Therefore, Smart Powerr's Operating Margin % for the quarter that ended in Dec. 2023 was %.

Smart Powerr'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. Smart Powerr's annualized ROC % for the quarter that ended in Dec. 2023 was -0.82%. Smart Powerr's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -0.82%.


Smart Powerr Operating Income Historical Data

The historical data trend for Smart Powerr'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.

Smart Powerr Operating Income Chart

Smart Powerr 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 -1.60 -0.20 -0.84 -1.60 -0.80

Smart Powerr 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 -1.05 -0.09 -0.37 -0.15 -0.19

Smart Powerr 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 $-0.80 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.


Smart Powerr  (NAS:CREG) Operating Income Explanation

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

Smart Powerr'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 )
=-0.768 * ( 1 - 0% )/( (59.544 + 128.659)/ 2 )
=-0.768/94.1015
=-0.82 %

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:

Smart Powerr'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 )
=-0.488/( ( (0.005 + max(59.32, 0)) + (0.004 + max(59.663, 0)) )/ 2 )
=-0.488/( ( 59.325 + 59.667 )/ 2 )
=-0.488/59.496
=-0.82 %

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 + 66.552) - (7.232 + 0 + 0)
=59.32

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 67.442) - (7.779 + 0 + 0)
=59.663

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 %:

Smart Powerr'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 )
=-0.192/0
= %

* 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.


Smart Powerr Operating Income Related Terms

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Smart Powerr (Smart Powerr) Business Description

Traded in Other Exchanges
Address
Rong Cheng Yun Gu Building Keji 3rd Road, 4th Floor, Tower C, Yanta District, Shaan Xi Province, Xi’an, CHN, 710075
Smart Powerr Corp, is a developer of waste energy recycling. The company design, finance, construct, operate, and transfer energy saving and recovery facilities for multiple energy-intensive industries. Its waste heat-to-energy solution consists of heat power generation projects for applications in cement, steel, coking coal, and nonferrous metal industries, which collect the residual heat from various manufacturing processes, such as the entrance and exit ends of the cement rotary kilns, to generate electricity. The company's waste gas-to-energy solution consists of a WGPG system that utilizes flammable waste gas from coal mining, petroleum exploitation, refinery processing, or other sources as a fuel source to generate electricity.
Executives
Zhongli Liu director 4F, TOWER C RONG CHENG YUN GU BUILDING, KEJI 3RD RD, YANTA DISTRICT, XI-AN CITY, SHAAN XI PROXINCE F4 710075
Guohua Ku director, 10 percent owner, officer: President/Chairman/CTO SHAANXI BLOWER GROUP, DAI WANG BAN, LINTONG DISTRICT, XI'AN, SHAANXI PROVINCE F4 710600
Xiaoping Guo director 12/F,TOWER A,CHANG AN INTERNATIONAL BLDG, NO. 88 NAN GUAN ZHENG JI, XI AN CITY F4 0000000
Binfeng Gu officer: Chief Financial Officer 12/F,TOWER A,CHAN AN INTERNATIONAL BLDG, NO. 88 NAN GUAN ZHENG JIE, XI AN CITY, SHAAN XI PROVINCE F4 0000000000
Lulu Sun director 12/F,TOWER A,CHANG AN INTERNATIONAL BLDG, NO. 88 NAN GUAN ZHENG JI, XI AN CITY F4 0000000
Yongjiang Shi officer: CFO & Secretary & VP-Finance 12F TOWER A CHANG AN INTL BLDG, NO 88 NAN GUAN ZHENG XIE, XI AN CITY SHAN XI PROVINCE F4 710068
Cangsang Huang director 6 YOUYI DONG LU,, HAN YUAN 4 LOU, XI'AN, SHAANXI PROVINCE F4 710054
Xiaoshan He officer: Vice President 12F TOWER A CHANG AN INTL BLDG, NO 88 NAN GUAN ZHENG XIE, XI AN CITY SHAN XI PROVINCE F4 710068
Bohan Zhang officer: Vice President-Accounting 12F TOWER A CHANG AN INTL BLDG, NO 88 NAN GUAN ZHENG XIE, XI AN CITY SHAN XI PROVINCE F4 710068
Geyun Wang director 12/F,TOWER A,CHANG AN INTERNATIONAL BLDG, NO. 88 NAN GUAN ZHENG JI, XI AN CITY F4 0000000
Carlyle Group Inc. 10 percent owner C/O THE CARLYLE GROUP, 1001 PENNSYLVANIA AVENUE, N.W., WASHINGTON DC 20004
Carlyle Group Management L.l.c. 10 percent owner C/O THE CARLYLE GROUP L.P., 1001 PENNSYLVANIA AVENUE, NW, WASHINGTON DC 20004-2505
Tc Group Cayman Investment Holdings Sub L.p. 10 percent owner C/O WALKER CORPORATE SERVICES LIMITED, 190 ELGIN AVENUE, GEORGE TOWN, GRAND CAYMAN E9 KY1-9001
Carlyle Holdings Ii L.l.c. 10 percent owner C/O THE CARLYLE GROUP L.P., 1001 PENNSYLVANIA AVENUE, NW, WASHINGTON DC 20004-2505
Carlyle Holdings Ii Gp L.l.c. 10 percent owner C/O THE CARLYLE GROUP L.P., 1001 PENNSYLVANIA AVENUE, NW, WASHINGTON DC 20004-2505