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ENM Holdings (ENM Holdings) Operating Income : $7.61 Mil (TTM As of Jun. 2023)


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What is ENM Holdings Operating Income?

ENM Holdings's Operating Income for the six months ended in Jun. 2023 was $-1.09 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Jun. 2023 was $7.61 Mil.

Warning Sign:

ENM Holdings Ltd 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. ENM Holdings's Operating Income for the six months ended in Jun. 2023 was $-1.09 Mil. ENM Holdings's Revenue for the six months ended in Jun. 2023 was $7.77 Mil. Therefore, ENM Holdings's Operating Margin % for the quarter that ended in Jun. 2023 was -14.04%.

Warning Sign:

ENM Holdings Ltd operating margin has been in a 5-year decline. The average rate of decline per year is -15.1%.

ENM Holdings's 5-Year average Growth Rate for Operating Margin % was -15.10% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. ENM Holdings's annualized ROC % for the quarter that ended in Jun. 2023 was -3.09%. ENM Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2023 was -3.50%.


ENM Holdings Operating Income Historical Data

The historical data trend for ENM 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.

ENM Holdings Operating Income Chart

ENM Holdings Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Operating Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only -3.44 -3.89 -5.83 -4.51 -5.65

ENM Holdings Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
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 1.75 -6.26 -14.24 8.70 -1.09

ENM 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 Jun. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was $7.61 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.


ENM Holdings  (OTCPK:ENMHF) Operating Income Explanation

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

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

ROC % (Q: Jun. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2022 ) + Invested Capital (Q: Jun. 2023 ))/ count )
=-2.182 * ( 1 - 0% )/( (74.878 + 66.47)/ 2 )
=-2.182/70.674
=-3.09 %

where

Note: The Operating Income data used here is two times the semi-annual (Jun. 2023) data.

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

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

ROC (Joel Greenblatt) %(Q: Jun. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2022  Q: Jun. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-1.928/( ( (57.068 + max(1.794, 0)) + (50.346 + max(1.047, 0)) )/ 2 )
=-1.928/( ( 58.862 + 51.393 )/ 2 )
=-1.928/55.1275
=-3.50 %

where Working Capital is:

Working Capital(Q: Dec. 2022 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.127 + 2.891 + 1.285) - (2.509 + 0 + -8.8817841970013E-16)
=1.794

Working Capital(Q: Jun. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.21 + 2.678 + 1.276) - (3.117 + 0 + 8.8817841970013E-16)
=1.047

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Jun. 2023) EBIT data.

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

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

Operating Margin %=Operating Income (Q: Jun. 2023 )/Revenue (Q: Jun. 2023 )
=-1.091/7.768
=-14.04 %

* 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.


ENM Holdings Operating Income Related Terms

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ENM Holdings (ENM Holdings) Business Description

Traded in Other Exchanges
N/A
Address
Tower 2, Nina Tower, 8 Yeung Uk Road, Suites 3301-3302, 33rd Floor, Tsuen Wan, New Territories, Hong Kong, HKG
ENM Holdings Ltd is engaged in investment holding and securities trading. It has three operating segments; The retail of fashion wear and accessories segment includes the trading of fashion wear and accessories, the Resort and recreational club operations segment includes the provision of resort and recreational facilities including lodging and catering services, and the Investment segment includes the holding and trading of investments for short-term and long-term investment returns. The wholesale and retail of fashion wear and accessories segment generate maximum revenue for the company. The company has operations in Hong Kong, The Americas, Europe, and Other Asia Pacific regions.

ENM Holdings (ENM Holdings) Headlines

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