Greenland Hong Kong Holdings (FRA:QFRA) Operating Income: €-99 Mil (TTM As of Dec. 2025)

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FRA:QFRA Greenland Hong Kong Holdings Ltd FRA:QFRA
36 GF Score
Price €0.01
GF Value €0.01
! 5 Warning Signs
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What is Greenland Hong Kong Holdings Operating Income?

Greenland Hong Kong Holdings FRA:QFRA -6.67% 36 Operating Income is €-99 Mil as of Dec. 2025. GuruFocus rates FRA:QFRA with a GF Score™ of 36/100 and a GF Value™ of €0.01. The stock has 5 warning signs investors should review.

Greenland Hong Kong Holdings's Operating Income for the six months ended in Dec. 2025 was €-133 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2025 was €-99 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Greenland Hong Kong Holdings's Operating Income for the six months ended in Dec. 2025 was €-133 Mil. Greenland Hong Kong Holdings's Revenue for the six months ended in Dec. 2025 was €653 Mil. Therefore, Greenland Hong Kong Holdings's Operating Margin % for the quarter that ended in Dec. 2025 was -20.33%.

Greenland Hong Kong 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. Greenland Hong Kong Holdings's annualized ROC % for the quarter that ended in Dec. 2025 was -4.55%. Greenland Hong Kong Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was -80.29%.


Greenland Hong Kong Holdings  (FRA:QFRA) Operating Income Explanation

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

Greenland Hong Kong 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 )
=-265.54 * ( 1 - 0% )/( (6068.574 + 5609.673)/ 2 )
=-265.54/5839.1235
=-4.55 %

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))
=13204.721 - 7080.175 - ( 55.972 - max(0, 10710.242 - 11065.775+55.972))
=6068.574

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))
=13145.785 - 7474.854 - ( 61.258 - max(0, 10826.269 - 11075.96+61.258))
=5609.673

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:

Greenland Hong Kong 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 )
=-250.604/( ( (264.849 + max(-379.842, 0)) + (359.366 + max(-952.538, 0)) )/ 2 )
=-250.604/( ( 264.849 + 359.366 )/ 2 )
=-250.604/312.1075
=-80.29 %

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)
=(17.826 + 8211.913 + 674.725) - (7080.175 + 0 + 2204.131)
=-379.842

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(17.752 + 7661.233 + 913.972) - (7474.854 + 0 + 2070.641)
=-952.538

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 %:

Greenland Hong Kong 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 )
=-132.77/653.113
=-20.33 %

* 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.


Greenland Hong Kong Holdings Operating Income Related Terms


Greenland Hong Kong Holdings Operating Income Historical Data

* Premium members only.

The historical data trend for Greenland Hong Kong 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.

Greenland Hong Kong Holdings Operating Income Chart

Greenland Hong Kong 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 867.47 338.24 167.75 -36.61 -99.16

Greenland Hong Kong 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 43.43 59.28 -97.33 33.47 -132.77
FRA:QFRA
36GF Score
Greenland Hong Kong Holdings Ltd FRA:QFRA
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
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Greenland Hong Kong 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 €-99 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 €-99 Mil mean?
Greenland Hong Kong Holdings (FRA:QFRA) has a Operating Income of €-99 Mil as of Dec. 2025. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Greenland Hong Kong Holdings and its competitors.
Is Greenland Hong Kong Holdings' Operating Income too high?
Greenland Hong Kong Holdings' current Operating Income is €-99 Mil. Overall, Greenland Hong Kong Holdings has a GF Score™ of 36/100, reflecting its overall financial health beyond just this single metric.
How does Greenland Hong Kong Holdings' Operating Income compare to competitors?
Greenland Hong Kong Holdings' Operating Income of €-99 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 Greenland Hong Kong Holdings and its competitors. Greenland Hong Kong Holdings's current Operating Income is €-99 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Greenland Hong Kong Holdings stock overvalued right now?
Greenland Hong Kong Holdings (FRA:QFRA) has a current Operating Income of €-99 Mil. The stock's GF Value™ is €0.01, compared to a current price of €0.01 — trading 30% below its estimated fair value. The current Operating Income is €-99 Mil. Greenland Hong Kong Holdings' overall GF Score™ is 36/100 with 5 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 Greenland Hong Kong Holdings (FRA:QFRA), the current Operating Income is €-99 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 Greenland Hong Kong Holdings (FRA:QFRA) Overvalued in 2026?

Based on GuruFocus' analysis, Greenland Hong Kong Holdings stock appears to be undervalued. The current stock price of €0.01 is trading 30% below its estimated GF Value™ of €0.01.

Key valuation signals for FRA:QFRA:

  • Operating Income: €-99 Mil
  • GF Value™: €0.01 vs. price of €0.01 (30% below fair value)
  • GF Score™: 36/100 with 5 warning signs

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


Greenland Hong Kong Holdings Business Description

Other Exchanges 00337:Hong Kong
Address No. 111 Xiehe Road, Changning District, Shanghai, CHN
Greenland Hong Kong Holdings Ltd is an investment holding company. The principal activities of its subsidiaries are the development, sale, and rental of properties and related services and the operation of hotels in the People's Republic of China. The Group has four reportable segments: Sales of properties, Lease of properties, Hotel and related services, and Property management and other services. The majority is from the Sales of properties segment, which includes the development and sales of residential properties. Geographically, the Group mainly operates in the PRC.
36GF Score

Get the complete analysis for FRA:QFRA

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

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