EVGPF (Evergrande Property Services Group) Operating Income: $225 Mil (TTM As of Dec. 2025)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

EVGPF Evergrande Property Services Group Ltd EVGPF
45 GF Score
Price $0.11
GF Value $0.11
Valuation Fairly Valued
! 2 Warning Signs
View Full Analysis

What is Evergrande Property Services Group Operating Income?

Evergrande Property Services Group EVGPF 45 Operating Income is $225 Mil as of Dec. 2025. GuruFocus rates EVGPF with a GF Score™ of 45/100 and a GF Value™ of $0.11 (Fairly Valued). The stock has 2 warning signs investors should review.

Evergrande Property Services Group's Operating Income for the six months ended in Dec. 2025 was $120 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2025 was $225 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Evergrande Property Services Group's Operating Income for the six months ended in Dec. 2025 was $120 Mil. Evergrande Property Services Group's Revenue for the six months ended in Dec. 2025 was $998 Mil. Therefore, Evergrande Property Services Group's Operating Margin % for the quarter that ended in Dec. 2025 was 12.02%.

Warning Sign:

Evergrande Property Services Group Ltd operating margin has been in a 5-year decline. The average rate of decline per year is -17.5%.

Evergrande Property Services Group's 5-Year average Growth Rate for Operating Margin % was -17.50% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Evergrande Property Services Group's annualized ROC % for the quarter that ended in Dec. 2025 was 25.65%. Evergrande Property Services Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 1,249.45%.


Evergrande Property Services Group  (OTCPK:EVGPF) Operating Income Explanation

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

Evergrande Property Services Group's annualized ROC % for the quarter that ended in Dec. 2025 is calculated as:

ROC % (Q: Dec. 2025 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2025 ) + Invested Capital (Q: Dec. 2025 ))/ count )
=239.97 * ( 1 - 24.81% )/( (654.908 + 752.243)/ 2 )
=180.433443/703.5755
=25.65 %

where

Invested Capital(Q: Jun. 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))
=1190.235 - 607.533 - ( 391.52 - max(0, 962.744 - 890.538+391.52))
=654.908

Invested Capital(Q: Dec. 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))
=1365.093 - 600.426 - ( 594.836 - max(0, 1059.905 - 1072.329+594.836))
=752.243

Note: The Operating Income data used here is two times the semi-annual (Dec. 2025) data.

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

Evergrande Property Services Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2025 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2025  Q: Dec. 2025
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=195.938/( ( (14.119 + max(-524.616, 0)) + (17.245 + max(-618.557, 0)) )/ 2 )
=195.938/( ( 14.119 + 17.245 )/ 2 )
=195.938/15.682
=1,249.45 %

where Working Capital is:

Working Capital(Q: Jun. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(395.738 + 0.918 + 30.535) - (607.533 + 0 + 344.274)
=-524.616

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(376.363 + 0.849 + 53.979) - (600.426 + 0 + 449.322)
=-618.557

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Dec. 2025) EBIT data.

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

Evergrande Property Services Group's Operating Margin % for the quarter that ended in Dec. 2025 is calculated as:

Operating Margin %=Operating Income (Q: Dec. 2025 )/Revenue (Q: Dec. 2025 )
=119.985/998.273
=12.02 %

* 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.


Evergrande Property Services Group Operating Income Related Terms


Evergrande Property Services Group Operating Income Historical Data

* Premium members only.

The historical data trend for Evergrande Property Services Group'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.

Evergrande Property Services Group Operating Income Chart

Evergrande Property Services Group Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Operating Income
Get a 7-Day Free Trial Premium Member Only 435.81 295.68 320.89 208.20 226.66

Evergrande Property Services Group Semi-Annual Data
Dec17 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 169.25 104.41 104.16 104.63 119.99
EVGPF
45GF Score
Evergrande Property Services Group Ltd EVGPF
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Evergrande Property Services Group 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. 2025 adds up the semi-annually data reported by the company within the most recent 12 months, which was $225 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 $225 Mil mean?
Evergrande Property Services Group (EVGPF) has a Operating Income of $225 Mil as of Dec. 2025. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Evergrande Property Services Group and its competitors.
Is Evergrande Property Services Group's Operating Income too high?
Evergrande Property Services Group's current Operating Income is $225 Mil. Overall, Evergrande Property Services Group has a GF Score™ of 45/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Evergrande Property Services Group's Operating Income compare to CBRE and BEKE?
Evergrande Property Services Group's Operating Income of $225 Mil can be compared against companies in the Real Estate 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 Real Estate company?
A good Operating Income depends on the Real Estate 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 Evergrande Property Services Group and its competitors. Evergrande Property Services Group's current Operating Income is $225 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Evergrande Property Services Group stock overvalued right now?
Based on GuruFocus' analysis, Evergrande Property Services Group (EVGPF) is currently considered Fairly Valued. The stock's GF Value™ is $0.11, compared to a current price of $0.11 — trading 1.9% above its estimated fair value. The current Operating Income is $225 Mil. Evergrande Property Services Group's overall GF Score™ is 45/100 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 Evergrande Property Services Group (EVGPF), the current Operating Income is $225 Mil as of Dec. 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.

Is Evergrande Property Services Group (EVGPF) Overvalued in 2026?

Based on GuruFocus' analysis, Evergrande Property Services Group stock appears to be overvalued. The current stock price of $0.11 is trading 1.9% above its estimated GF Value™ of $0.11. GuruFocus considers Evergrande Property Services Group to be Fairly Valued.

Key valuation signals for EVGPF:

  • Operating Income: $225 Mil
  • GF Value™: $0.11 vs. price of $0.11 (1.9% above fair value)
  • GF Score™: 45/100 with 2 warning signs

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


Evergrande Property Services Group Business Description

Other Exchanges 06666:Hong Kong
Address No. 78, Huangpu Avenue West, Third Compartment of Room 3101, Tianhe District, Guangdong, Guangzhou, CHN, 510660
Evergrande Property Services Group Ltd is an investment holding company engaged in the provision of property management services, community living services, asset management services, and community operation services. The company generates revenue from four business segments: Property management services; Community living services; Asset management services; and Community operation services. Its Product services are Hengmei Community, Commercial & Enterprise Services, Industrial Parks, and other Services. The company generates the majority of its revenue from Property Management Services.
45GF Score

Get the complete analysis for EVGPF

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

$0.11
Price
$0.11
GF Value