Elegance Optical International Holdings (FRA:5HW) Operating Income: €1.59 Mil (TTM As of Mar. 2026)

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FRA:5HW Elegance Optical International Holdings Ltd FRA:5HW
8 GF Score
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! 7 Warning Signs
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What is Elegance Optical International Holdings Operating Income?

Elegance Optical International Holdings FRA:5HW 8 Operating Income is €1.59 Mil as of Mar. 2026. GuruFocus rates FRA:5HW with a GF Score™ of 8/100. The stock has 7 warning signs investors should review.

Elegance Optical International Holdings's Operating Income for the six months ended in Mar. 2026 was €0.51 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was €1.59 Mil.

Warning Sign:

Elegance Optical International Holdings Ltd had lost money in 67% of the time over the past 3quarters.

Operating Margin % is calculated as Operating Income divided by its Revenue. Elegance Optical International Holdings's Operating Income for the six months ended in Mar. 2026 was €0.51 Mil. Elegance Optical International Holdings's Revenue for the six months ended in Mar. 2026 was €13.77 Mil. Therefore, Elegance Optical International Holdings's Operating Margin % for the quarter that ended in Mar. 2026 was 3.68%.

Elegance Optical International Holdings's 5-Year average Growth Rate for Operating Margin % was 0.00% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Elegance Optical International Holdings's annualized ROC % for the quarter that ended in Mar. 2026 was 7.69%. Elegance Optical International Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was -16.74%.


Elegance Optical International Holdings  (FRA:5HW) Operating Income Explanation

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

Elegance Optical International Holdings's annualized ROC % for the quarter that ended in Mar. 2026 is calculated as:

ROC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=1.014 * ( 1 - 0% )/( (8.069 + 18.301)/ 2 )
=1.014/13.185
=7.69 %

where

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

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

Elegance Optical International Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-0.56/( ( (0.515 + max(-4.625, 0)) + (0.578 + max(5.599, 0)) )/ 2 )
=-0.56/( ( 0.515 + 6.177 )/ 2 )
=-0.56/3.346
=-16.74 %

where Working Capital is:

Working Capital(Q: Sep. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(3.026 + 10.013 + 0.448) - (16.39 + 0 + 1.722)
=-4.625

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(10.302 + 6.954 + 2.065) - (12.581 + 0 + 1.141)
=5.599

When net working capital is negative, 0 is used.

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

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

Elegance Optical International Holdings's Operating Margin % for the quarter that ended in Mar. 2026 is calculated as:

Operating Margin %=Operating Income (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=0.507/13.773
=3.68 %

* 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.


Elegance Optical International Holdings Operating Income Related Terms


Elegance Optical International Holdings Operating Income Historical Data

* Premium members only.

The historical data trend for Elegance Optical International 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.

Elegance Optical International Holdings Operating Income Chart

Elegance Optical International Holdings Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Operating Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only -7.77 -0.99 -2.02 -2.03 1.60

Elegance Optical International Holdings Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
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 -0.76 -1.47 -0.51 1.08 0.51
FRA:5HW
8GF Score
Elegance Optical International Holdings Ltd FRA:5HW
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
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Elegance Optical International 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 Mar. 2026 adds up the semi-annually data reported by the company within the most recent 12 months, which was €1.59 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 €1.59 Mil mean?
Elegance Optical International Holdings (FRA:5HW) has a Operating Income of €1.59 Mil as of Mar. 2026. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Elegance Optical International Holdings and its competitors.
Is Elegance Optical International Holdings' Operating Income too high?
Elegance Optical International Holdings' current Operating Income is €1.59 Mil. Overall, Elegance Optical International Holdings has a GF Score™ of 8/100, reflecting its overall financial health beyond just this single metric.
How does Elegance Optical International Holdings' Operating Income compare to ISRG and BDX?
Elegance Optical International Holdings' Operating Income of €1.59 Mil can be compared against companies in the Medical Devices & Instruments 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 Medical Devices & Instruments company?
A good Operating Income depends on the Medical Devices & Instruments 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 Elegance Optical International Holdings and its competitors. Elegance Optical International Holdings's current Operating Income is €1.59 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Elegance Optical International Holdings stock overvalued right now?
Elegance Optical International Holdings (FRA:5HW) has a current Operating Income of €1.59 Mil. The current Operating Income is €1.59 Mil. Elegance Optical International Holdings' overall GF Score™ is 8/100 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 Elegance Optical International Holdings (FRA:5HW), the current Operating Income is €1.59 Mil as of Mar. 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.

Elegance Optical International Holdings Business Description

Other Exchanges 00907:Hong Kong
Address 145 Hennessy Road, On Hong Commercial Building, Room 22, 22nd Floor, Wanchai, Hong Kong, HKG
Elegance Optical International Holdings Ltd and its subsidiaries are the manufacturers and sellers of optical frames and sunglasses. Its operating segments include the trading segment engaged in the manufacture and trading of optical frames and sunglasses; the Property investment segment is involved in leasing properties for rental income; the Debts and securities investment segment engaged in investments in financial instruments and quoted shares; Film investment and distribution segment engaged in film right and movie distributions; and Energy business. It derives key revenue from the trading segment. It operates in Europe, America, the PRC (including Hong Kong), and other countries.
8GF Score

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

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