Kangda International Environmental Co (FRA:27K) Operating Income: €109.9 Mil (TTM As of Jun. 2026)

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FRA:27K Kangda International Environmental Co Ltd FRA:27K
38 GF Score
Price €0.09
GF Value €0.03
Valuation Significantly Overvalued
! 8 Warning Signs
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What is Kangda International Environmental Co Operating Income?

Kangda International Environmental Co FRA:27K +3.49% 38 Operating Income is €109.9 Mil as of Jun. 2026. GuruFocus rates FRA:27K with a GF Score™ of 38/100 and a GF Value™ of €0.03 (Significantly Overvalued). The stock has 8 warning signs investors should review.

Kangda International Environmental Co's Operating Income for the six months ended in Jun. 2026 was €63.4 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Jun. 2026 was €109.9 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Kangda International Environmental Co's Operating Income for the six months ended in Jun. 2026 was €63.4 Mil. Kangda International Environmental Co's Revenue for the six months ended in Jun. 2026 was €135.9 Mil. Therefore, Kangda International Environmental Co's Operating Margin % for the quarter that ended in Jun. 2026 was 46.66%.

Good Sign:

Kangda International Environmental Co Ltd operating margin is expanding. Margin expansion is usually a good sign.

Kangda International Environmental Co's 5-Year average Growth Rate for Operating Margin % was 0.10% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Kangda International Environmental Co's annualized ROC % for the quarter that ended in Jun. 2026 was 5.18%. Kangda International Environmental Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 56.12%.


Kangda International Environmental Co  (FRA:27K) Operating Income Explanation

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

Kangda International Environmental Co's annualized ROC % for the quarter that ended in Jun. 2026 is calculated as:

ROC % (Q: Jun. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2025 ) + Invested Capital (Q: Jun. 2026 ))/ count )
=126.852 * ( 1 - 17.73% )/( (1968.071 + 2065.206)/ 2 )
=104.3611404/2016.6385
=5.18 %

where

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))
=2266.125 - 217.651 - ( 80.403 - max(0, 632.831 - 830.285+80.403))
=1968.071

Invested Capital(Q: Jun. 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))
=2404.734 - 259.072 - ( 80.456 - max(0, 622.446 - 915.657+80.456))
=2065.206

Note: The Operating Income data used here is two times the semi-annual (Jun. 2026) data.

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

Kangda International Environmental Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Jun. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Jun. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=113.762/( ( (6.652 + max(190.973, 0)) + (6.694 + max(201.114, 0)) )/ 2 )
=113.762/( ( 197.625 + 207.808 )/ 2 )
=113.762/202.7165
=56.12 %

where Working Capital is:

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(376.592 + 1.824 + 32.127) - (217.651 + 0 + 1.919)
=190.973

Working Capital(Q: Jun. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(419.366 + 1.86 + 41.217) - (259.072 + 0 + 2.2569999999999)
=201.114

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Jun. 2026) EBIT data.

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

Kangda International Environmental Co's Operating Margin % for the quarter that ended in Jun. 2026 is calculated as:

Operating Margin %=Operating Income (Q: Jun. 2026 )/Revenue (Q: Jun. 2026 )
=63.426/135.939
=46.66 %

* 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.


Kangda International Environmental Co Operating Income Related Terms


Kangda International Environmental Co Operating Income Historical Data

* Premium members only.

The historical data trend for Kangda International Environmental Co'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.

Kangda International Environmental Co Operating Income Chart

Kangda International Environmental Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Operating Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 159.61 137.98 104.30 108.77 106.17

Kangda International Environmental Co Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 Jun26
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 53.58 53.88 59.45 46.48 63.43
FRA:27K
38GF Score
Kangda International Environmental Co Ltd FRA:27K
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
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Kangda International Environmental Co 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. 2026 adds up the semi-annually data reported by the company within the most recent 12 months, which was €109.9 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 €109.9 Mil mean?
Kangda International Environmental Co (FRA:27K) has a Operating Income of €109.9 Mil as of Jun. 2026. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Kangda International Environmental Co and its competitors.
Is Kangda International Environmental Co's Operating Income too high?
Kangda International Environmental Co's current Operating Income is €109.9 Mil. Overall, Kangda International Environmental Co has a GF Score™ of 38/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Kangda International Environmental Co's Operating Income compare to AWK and WTRG?
Kangda International Environmental Co's Operating Income of €109.9 Mil can be compared against companies in the Utilities - Regulated 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 an Utilities - Regulated company?
A good Operating Income depends on the Utilities - Regulated 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 Kangda International Environmental Co and its competitors. Kangda International Environmental Co's current Operating Income is €109.9 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kangda International Environmental Co stock overvalued right now?
Based on GuruFocus' analysis, Kangda International Environmental Co (FRA:27K) is currently considered Significantly Overvalued. The stock's GF Value™ is €0.03, compared to a current price of €0.09 — trading 196.7% above its estimated fair value. The current Operating Income is €109.9 Mil. Kangda International Environmental Co's overall GF Score™ is 38/100 with 8 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 Kangda International Environmental Co (FRA:27K), the current Operating Income is €109.9 Mil as of Jun. 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 Kangda International Environmental Co (FRA:27K) Overvalued in 2026?

Based on GuruFocus' analysis, Kangda International Environmental Co stock appears to be overvalued. The current stock price of €0.09 is trading 196.7% above its estimated GF Value™ of €0.03. GuruFocus considers Kangda International Environmental Co to be Significantly Overvalued.

Key valuation signals for FRA:27K:

  • Operating Income: €109.9 Mil
  • GF Value™: €0.03 vs. price of €0.09 (196.7% above fair value)
  • GF Score™: 38/100 with 8 warning signs

No single metric tells the full story. See the FRA:27K stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Kangda International Environmental Co Business Description

Other Exchanges 06136:Hong Kong
Address No. 72, Avenue of Stars, High-Tech Park, North New Zone, Chongqing, CHN
Kangda International Environmental Co Ltd provides water and waste treatment, new energy development, and environmental protection equipment. The company has three reportable segments namely Urban Water Treatment, Water Environment Comprehensive Remediation and Rural Water Improvement. It generates maximum revenue from the Urban Water Treatment segment, which engages in the design, construction, upgrade and operation of WTPs, RWTPs, STPs and WDPs, and in the operation and maintenance of waste water treatment facilities entrusted by governments (O&M). Geographically, it derives revenue from Mainland China. It serves various sectors of the water industry such as integrated watershed management, sponge cities, reclaimed water, sludge, heat pump, and photovoltaic.
38GF Score

Get the complete analysis for FRA:27K

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

€0.09
Price
€0.03
GF Value