GRAN (Grande Group) Operating Income: $-1.37 Mil (TTM As of Mar. 2026)

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GRAN Grande Group Ltd GRAN
24 GF Score
Price $1.50
! 2 Warning Signs
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What is Grande Group Operating Income?

Grande Group GRAN +1.45% 24 Operating Income is $-1.37 Mil as of Mar. 2026. GuruFocus rates GRAN with a GF Score™ of 24/100. The stock has 2 warning signs investors should review.

Grande Group's Operating Income for the six months ended in Mar. 2026 was $-0.16 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was $-1.37 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Grande Group's Operating Income for the six months ended in Mar. 2026 was $-0.16 Mil. Grande Group's Revenue for the six months ended in Mar. 2026 was $2.28 Mil. Therefore, Grande Group's Operating Margin % for the quarter that ended in Mar. 2026 was -7.18%.

Grande Group'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. Grande Group's annualized ROC % for the quarter that ended in Mar. 2026 was -4.77%. Grande Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was -85.64%.

Grande Group  (NAS:GRAN) Operating Income Explanation

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

Grande Group'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 )
=-0.328 * ( 1 - 4.15% )/( (0.807 + 12.365)/ 2 )
=-0.314388/6.586
=-4.77 %

where

Invested Capital(Q: Sep. 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))
=12.105 - 1.965 - ( 11.656 - max(0, 2.527 - 11.86+11.656))
=0.807

Invested Capital(Q: Mar. 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))
=13.028 - 2.866 - ( 1.452 - max(0, 4.786 - 2.583+1.452))
=12.365

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:

Grande Group'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 )
=-0.328/( ( (0.246 + max(-2.224, 0)) + (0.52 + max(-3.585, 0)) )/ 2 )
=-0.328/( ( 0.246 + 0.52 )/ 2 )
=-0.328/0.383
=-85.64 %

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)
=(0.125 + 0 + 0.068) - (1.965 + 0.452 + 0)
=-2.224

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.835 + 0 + 0.208) - (2.866 + 1.762 + 0)
=-3.585

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 %:

Grande Group'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 )
=-0.164/2.283
=-7.18 %

* 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.

Grande Group Operating Income Related Terms

Grande Group Operating Income Historical Data

* Premium members only.

The historical data trend for Grande 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.

Grande Group Operating Income Chart

Grande Group Annual Data
Trend Mar23 Mar24 Mar25 Mar26
Operating Income
1.49 2.12 1.90 -1.37

Grande Group Semi-Annual Data
Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Operating Income Get a 7-Day Free Trial 2.43 0.54 1.37 -1.20 -0.16
GRAN
24GF Score
Grande Group Ltd GRAN
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
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Grande 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 Mar. 2026 adds up the semi-annually data reported by the company within the most recent 12 months, which was $-1.37 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 $-1.37 Mil mean?
Grande Group (GRAN) has a Operating Income of $-1.37 Mil as of Mar. 2026. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Grande Group and its competitors.
Is Grande Group's Operating Income too high?
Grande Group's current Operating Income is $-1.37 Mil. Overall, Grande Group has a GF Score™ of 24/100, reflecting its overall financial health beyond just this single metric.
How does Grande Group's Operating Income compare to BGDE and MDBH?
Grande Group's Operating Income of $-1.37 Mil can be compared against companies in the Capital Markets 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 Capital Markets company?
A good Operating Income depends on the Capital Markets 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 Grande Group and its competitors. Grande Group's current Operating Income is $-1.37 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Grande Group stock overvalued right now?
Grande Group (GRAN) has a current Operating Income of $-1.37 Mil. The current Operating Income is $-1.37 Mil. Grande Group's overall GF Score™ is 24/100 with 2 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 Grande Group (GRAN), the current Operating Income is $-1.37 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.

Grande Group Business Description

Address 18 Harcourt Road, Suite 2701, 27th floor., Tower 1,, Admiralty Center, Admiralty, Hong Kong, HKG
Grande Group Ltd is a financial service provider in Hong Kong. It is a financial firm that focuses on providing quality corporate finance advisory services to clients. The company engages in Type 1 (dealing in securities) and Type 6 (advising on corporate finance) regulated activities in Hong Kong. The company's Business division consists of IPO sponsorship and related services, Corporate financial advisory services, and Referral services. The company generates the majority of its revenue from Corporate financial advisory services. Geographically, the company derives the majority of its revenue from Hong Kong.
24GF 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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