GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Alpha Professional Holdings Ltd (HKSE:00948) » Definitions » Operating Income

Alpha Professional Holdings (HKSE:00948) Operating Income : HK$-8.16 Mil (TTM As of Sep. 2024)


View and export this data going back to 2010. Start your Free Trial

What is Alpha Professional Holdings Operating Income?

Alpha Professional Holdings's Operating Income for the six months ended in Sep. 2024 was HK$-23.04 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Sep. 2024 was HK$-8.16 Mil.

Warning Sign:

Alpha Professional Holdings Ltd has recorded a loss in operating income at least once over the past 3 years.

Operating Margin % is calculated as Operating Income divided by its Revenue. Alpha Professional Holdings's Operating Income for the six months ended in Sep. 2024 was HK$-23.04 Mil. Alpha Professional Holdings's Revenue for the six months ended in Sep. 2024 was HK$16.98 Mil. Therefore, Alpha Professional Holdings's Operating Margin % for the quarter that ended in Sep. 2024 was -135.68%.

Alpha Professional 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. Alpha Professional Holdings's annualized ROC % for the quarter that ended in Sep. 2024 was -39.21%. Alpha Professional Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was -215.73%.


Alpha Professional Holdings Operating Income Historical Data

The historical data trend for Alpha Professional 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.

* Premium members only.

Alpha Professional Holdings Operating Income Chart

Alpha Professional Holdings Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Operating Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only -32.51 -14.29 15.40 25.34 -9.85

Alpha Professional Holdings Semi-Annual Data
Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
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 18.51 6.83 -24.73 14.88 -23.04

Alpha Professional 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 Sep. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$-8.16 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.


Alpha Professional Holdings  (HKSE:00948) Operating Income Explanation

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

Alpha Professional Holdings's annualized ROC % for the quarter that ended in Sep. 2024 is calculated as:

ROC % (Q: Sep. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Mar. 2024 ) + Invested Capital (Q: Sep. 2024 ))/ count )
=-46.076 * ( 1 - -0.71% )/( (107.155 + 129.521)/ 2 )
=-46.4031396/118.338
=-39.21 %

where

Note: The Operating Income data used here is two times the semi-annual (Sep. 2024) data.

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

Alpha Professional Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Sep. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Mar. 2024  Q: Sep. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-46.176/( ( (0.018 + max(41.328, 0)) + (1.463 + max(-1.328, 0)) )/ 2 )
=-46.176/( ( 41.346 + 1.463 )/ 2 )
=-46.176/21.4045
=-215.73 %

where Working Capital is:

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(84.877 + 0.009 + 2.342) - (43.874 + 0 + 2.026)
=41.328

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(27.492 + 0.807 + 11.011) - (39.018 + 0 + 1.62)
=-1.328

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Sep. 2024) EBIT data.

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

Alpha Professional Holdings's Operating Margin % for the quarter that ended in Sep. 2024 is calculated as:

Operating Margin %=Operating Income (Q: Sep. 2024 )/Revenue (Q: Sep. 2024 )
=-23.038/16.98
=-135.68 %

* 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.


Alpha Professional Holdings Operating Income Related Terms

Thank you for viewing the detailed overview of Alpha Professional Holdings's Operating Income provided by GuruFocus.com. Please click on the following links to see related term pages.


Alpha Professional Holdings Business Description

Traded in Other Exchanges
N/A
Address
138 Gloucester Road, Room 1902, 19th Floor, Allied Kajima Building, Wanchai, Hong Kong, HKG
Alpha Professional Holdings Ltd is an investment holding company. The activities of the Group are the trading of milk powder and baby foods, provision of warehouse logistics services and property investment. The company's operating segment includes Logistics Business, Property Investment and Milk Products Business. The Logistics Business derives revenue from the provision of warehouse services. The Milk Products Business segment is engaged in the sale of milk powder and baby foods. The Property Investment derives revenue from rental income arising from the lease of a property. It generates maximum revenue from the Milk Products Business.
Executives
Lee Ming-tee 2101 Beneficial owner
Miracle Planet Developments Limited 2201 Interest of corporation controlled by you
Well Dynasty Investments Limited 2101 Beneficial owner
Chong Sok Un 2201 Interest of corporation controlled by you
Allied Properties (h.k.) Limited

Alpha Professional Holdings Headlines

No Headlines