China Jinmao Holdings Group (FRA:3F5) Operating Income: €586 Mil (TTM As of Dec. 2025)

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FRA:3F5 China Jinmao Holdings Group Ltd FRA:3F5
53 GF Score
Price €0.15
GF Value €0.10
! 7 Warning Signs
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What is China Jinmao Holdings Group Operating Income?

China Jinmao Holdings Group FRA:3F5 +2.03% 53 Operating Income is €586 Mil as of Dec. 2025. GuruFocus rates FRA:3F5 with a GF Score™ of 53/100 and a GF Value™ of €0.10. The stock has 7 warning signs investors should review.

China Jinmao Holdings Group's Operating Income for the six months ended in Dec. 2025 was €317 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2025 was €586 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. China Jinmao Holdings Group's Operating Income for the six months ended in Dec. 2025 was €317 Mil. China Jinmao Holdings Group's Revenue for the six months ended in Dec. 2025 was €4,154 Mil. Therefore, China Jinmao Holdings Group's Operating Margin % for the quarter that ended in Dec. 2025 was 7.63%.

Warning Sign:

China Jinmao Holdings Group Ltd operating margin has been in a 5-year decline. The average rate of decline per year is -11.5%.

China Jinmao Holdings Group's 5-Year average Growth Rate for Operating Margin % was -11.50% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. China Jinmao Holdings Group's annualized ROC % for the quarter that ended in Dec. 2025 was 0.70%. China Jinmao Holdings Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 48.65%.


China Jinmao Holdings Group  (FRA:3F5) Operating Income Explanation

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

China Jinmao Holdings 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 )
=634.066 * ( 1 - 65.23% )/( (32978.555 + 30405.36)/ 2 )
=220.4647482/31691.9575
=0.70 %

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))
=53584.074 - 18570.9 - ( 4113.172 - max(0, 22078.219 - 24112.838+4113.172))
=32978.555

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))
=53560.976 - 20953.284 - ( 3443.945 - max(0, 24687.249 - 26889.581+3443.945))
=30405.36

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:

China Jinmao Holdings 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 )
=898.006/( ( (1907.75 + max(-6304.674, 0)) + (1783.883 + max(-6903.686, 0)) )/ 2 )
=898.006/( ( 1907.75 + 1783.883 )/ 2 )
=898.006/1845.8165
=48.65 %

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)
=(269.931 + 6587.525 + 5573.458) - (18570.9 + 0 + 164.688)
=-6304.674

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(268.643 + 8449.678 + 5617.247) - (20953.284 + 0 + 285.97)
=-6903.686

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 %:

China Jinmao Holdings 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 )
=317.033/4153.927
=7.63 %

* 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.


China Jinmao Holdings Group Operating Income Related Terms


China Jinmao Holdings Group Operating Income Historical Data

* Premium members only.

The historical data trend for China Jinmao Holdings 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.

China Jinmao Holdings Group Operating Income Chart

China Jinmao Holdings Group 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 1,388.44 889.30 309.65 507.07 587.16

China Jinmao Holdings Group 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 134.80 206.49 295.56 269.00 317.03
FRA:3F5
53GF Score
China Jinmao Holdings Group Ltd FRA:3F5
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
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China Jinmao Holdings 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 €586 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 €586 Mil mean?
China Jinmao Holdings Group (FRA:3F5) has a Operating Income of €586 Mil as of Dec. 2025. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on China Jinmao Holdings Group and its competitors.
Is China Jinmao Holdings Group's Operating Income too high?
China Jinmao Holdings Group's current Operating Income is €586 Mil. Overall, China Jinmao Holdings Group has a GF Score™ of 53/100, reflecting its overall financial health beyond just this single metric.
How does China Jinmao Holdings Group's Operating Income compare to competitors?
China Jinmao Holdings Group's Operating Income of €586 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 China Jinmao Holdings Group and its competitors. China Jinmao Holdings Group's current Operating Income is €586 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Jinmao Holdings Group stock overvalued right now?
China Jinmao Holdings Group (FRA:3F5) has a current Operating Income of €586 Mil. The stock's GF Value™ is €0.10, compared to a current price of €0.15 — trading 51% above its estimated fair value. The current Operating Income is €586 Mil. China Jinmao Holdings Group's overall GF Score™ is 53/100 with 7 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 China Jinmao Holdings Group (FRA:3F5), the current Operating Income is €586 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 China Jinmao Holdings Group (FRA:3F5) Overvalued in 2026?

Based on GuruFocus' analysis, China Jinmao Holdings Group stock appears to be overvalued. The current stock price of €0.15 is trading 51% above its estimated GF Value™ of €0.10.

Key valuation signals for FRA:3F5:

  • Operating Income: €586 Mil
  • GF Value™: €0.10 vs. price of €0.15 (51% above fair value)
  • GF Score™: 53/100 with 7 warning signs

No single metric tells the full story. See the FRA:3F5 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


China Jinmao Holdings Group Business Description

Other Exchanges 00817:Hong Kong
Address 1 Harbour Road, Room 4702-4703, 47th Floor, Office Tower, Convention Plaza, Wanchai, Hong Kong, HKG
China Jinmao, formerly known as Franshion Properties, is a mid-cap real estate developer in China. It listed on the Hong Kong stock exchange in 2007. As the real estate arm of Sinochem, a leading government-controlled chemical-producing conglomerate, China Jinmao focuses on the development of high-end residential projects in wealthy cities of China with premium pricing. It also engages in a unique city operation model, in which it has opportunities to participate in large-scale primary and secondary land development through specific agreements with local government. Under the mixed ownership reform initiative, China Jinmao brought in Ping An as a long-term financial investor and second-largest shareholder.
53GF Score

Get the complete analysis for FRA:3F5

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

€0.15
Price
€0.10
GF Value