Sky Light Holdings (FRA:27L) Operating Income: €-2.46 Mil (TTM As of Dec. 2025)

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FRA:27L Sky Light Holdings Ltd FRA:27L
29 GF Score
Price €0.04
GF Value €0.07
! 6 Warning Signs
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What is Sky Light Holdings Operating Income?

Sky Light Holdings FRA:27L 29 Operating Income is €-2.46 Mil as of Dec. 2025. GuruFocus rates FRA:27L with a GF Score™ of 29/100 and a GF Value™ of €0.07. The stock has 6 warning signs investors should review.

Sky Light Holdings's Operating Income for the six months ended in Dec. 2025 was €0.78 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2025 was €-2.46 Mil.

Warning Sign:

Sky Light 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. Sky Light Holdings's Operating Income for the six months ended in Dec. 2025 was €0.78 Mil. Sky Light Holdings's Revenue for the six months ended in Dec. 2025 was €16.95 Mil. Therefore, Sky Light Holdings's Operating Margin % for the quarter that ended in Dec. 2025 was 4.59%.

Warning Sign:

Sky Light Holdings Ltd operating margin has been in a 5-year decline. The average rate of decline per year is -10.1%.

Sky Light Holdings's 5-Year average Growth Rate for Operating Margin % was -10.10% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Sky Light Holdings's annualized ROC % for the quarter that ended in Dec. 2025 was 11.34%. Sky Light Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was -67.25%.


Sky Light Holdings  (FRA:27L) Operating Income Explanation

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

Sky Light Holdings'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 )
=1.556 * ( 1 - 0% )/( (11.481 + 15.951)/ 2 )
=1.556/13.716
=11.34 %

where

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:

Sky Light Holdings'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 )
=-2.594/( ( (2.21 + max(-5.117, 0)) + (5.504 + max(-3.071, 0)) )/ 2 )
=-2.594/( ( 2.21 + 5.504 )/ 2 )
=-2.594/3.857
=-67.25 %

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)
=(3.062 + 9.828 + 1.915) - (15.973 + 0 + 3.949)
=-5.117

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(3.896 + 8.367 + 0.648) - (12.516 + 0 + 3.466)
=-3.071

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 %:

Sky Light Holdings'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 )
=0.778/16.947
=4.59 %

* 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.


Sky Light Holdings Operating Income Related Terms


Sky Light Holdings Operating Income Historical Data

* Premium members only.

The historical data trend for Sky Light 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.

Sky Light Holdings Operating Income Chart

Sky Light Holdings 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 -1.36 -5.96 -6.42 -4.73 -2.44

Sky Light Holdings Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.22 -2.98 -1.65 -3.24 0.78
FRA:27L
29GF Score
Sky Light Holdings Ltd FRA:27L
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
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Sky Light 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 Dec. 2025 adds up the semi-annually data reported by the company within the most recent 12 months, which was €-2.46 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 €-2.46 Mil mean?
Sky Light Holdings (FRA:27L) has a Operating Income of €-2.46 Mil as of Dec. 2025. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Sky Light Holdings and its competitors.
Is Sky Light Holdings' Operating Income too high?
Sky Light Holdings' current Operating Income is €-2.46 Mil. Overall, Sky Light Holdings has a GF Score™ of 29/100, reflecting its overall financial health beyond just this single metric.
How does Sky Light Holdings' Operating Income compare to ALLE and MSA?
Sky Light Holdings' Operating Income of €-2.46 Mil can be compared against companies in the Business Services 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 Business Services company?
A good Operating Income depends on the Business Services 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 Sky Light Holdings and its competitors. Sky Light Holdings's current Operating Income is €-2.46 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sky Light Holdings stock overvalued right now?
Sky Light Holdings (FRA:27L) has a current Operating Income of €-2.46 Mil. The stock's GF Value™ is €0.07, compared to a current price of €0.04 — trading 45.7% below its estimated fair value. The current Operating Income is €-2.46 Mil. Sky Light Holdings' overall GF Score™ is 29/100 with 6 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 Sky Light Holdings (FRA:27L), the current Operating Income is €-2.46 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 Sky Light Holdings (FRA:27L) Overvalued in 2026?

Based on GuruFocus' analysis, Sky Light Holdings stock appears to be undervalued. The current stock price of €0.04 is trading 45.7% below its estimated GF Value™ of €0.07.

Key valuation signals for FRA:27L:

  • Operating Income: €-2.46 Mil
  • GF Value™: €0.07 vs. price of €0.04 (45.7% below fair value)
  • GF Score™: 29/100 with 6 warning signs

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


Sky Light Holdings Business Description

Other Exchanges 03882:Hong Kong
Address Xinsha Road, Building No. 8, Antuoshan High-tech Industrial Park, Shajing, Bao’An, Shenzhen, CHN, 518104
Sky Light Holdings Ltd, along with its subsidiaries, is engaged in the manufacture and distribution of home surveillance cameras, digital imaging products, and other electronic products. It focuses on the sale, development, and manufacture of imaging products that comprise home surveillance cameras, action cameras, and related accessories and other digital imaging products and engages in the sale, and development of cameras under its own brands. It has one business segment: Manufacture and sales of camera products and related accessories business. Geographically, it operates in the European Union which is the key revenue driver, Mainland China, Australia, United States of America, and Hong kong, among others.
29GF Score

Get the complete analysis for FRA:27L

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

€0.04
Price
€0.07
GF Value