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Coastal Greenland (HKSE:01124) Operating Income : HK$20.43 Mil (TTM As of Sep. 2024)


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What is Coastal Greenland Operating Income?

Coastal Greenland's Operating Income for the six months ended in Sep. 2024 was HK$-24.54 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Sep. 2024 was HK$20.43 Mil.

Warning Sign:

Coastal Greenland Ltd had lost money in 67% of the time over the past 3quarters.

Operating Margin % is calculated as Operating Income divided by its Revenue. Coastal Greenland's Operating Income for the six months ended in Sep. 2024 was HK$-24.54 Mil. Coastal Greenland's Revenue for the six months ended in Sep. 2024 was HK$1.59 Mil. Therefore, Coastal Greenland's Operating Margin % for the quarter that ended in Sep. 2024 was -1,548.01%.

Coastal Greenland'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. Coastal Greenland's annualized ROC % for the quarter that ended in Sep. 2024 was -3.12%. Coastal Greenland's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was -4.90%.


Coastal Greenland Operating Income Historical Data

The historical data trend for Coastal Greenland'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.

Coastal Greenland Operating Income Chart

Coastal Greenland 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 -158.27 -89.89 -113.09 -129.90 9.44

Coastal Greenland 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 -37.55 -92.36 -35.53 44.97 -24.54

Coastal Greenland 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$20.43 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.


Coastal Greenland  (HKSE:01124) Operating Income Explanation

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

Coastal Greenland'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 )
=-49.072 * ( 1 - 0.56% )/( (1586.252 + 1540.768)/ 2 )
=-48.7971968/1563.51
=-3.12 %

where

Invested Capital(Q: Mar. 2024 )
=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))
=1790.633 - 195.371 - ( 9.01 - max(0, 416.246 - 1442.196+9.01))
=1586.252

Invested Capital(Q: Sep. 2024 )
=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))
=1792.892 - 249.462 - ( 2.662 - max(0, 436.971 - 1444.802+2.662))
=1540.768

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:

Coastal Greenland'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 )
=-45.484/( ( (186.183 + max(762.026, 0)) + (196.128 + max(710.476, 0)) )/ 2 )
=-45.484/( ( 948.209 + 906.604 )/ 2 )
=-45.484/927.4065
=-4.90 %

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)
=(0 + 929.95 + 34.818) - (195.371 + 0 + 7.371)
=762.026

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 933.872 + 35.016) - (249.462 + 0 + 8.95)
=710.476

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 %:

Coastal Greenland'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 )
=-24.536/1.585
=-1,548.01 %

* 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.


Coastal Greenland Operating Income Related Terms

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Coastal Greenland Business Description

Traded in Other Exchanges
N/A
Address
1006 Fuzhong Third Road, 38th Floor, Noble Center, Futian District, Guangdong Province, Shenzhen, CHN
Coastal Greenland Ltd is an investment holding company principally engaged in the property-related business in the People's republic of China. The company operates through four business segments. The Property Development segment is engaged in the development of properties for sale. The Property Investment segment is engaged in investment in commercial and residential properties. The Project Management segment is engaged in the provision of project management services. The Project Investment Service segment is engaged in the provision of services about the investment in and the sales of property development and land development projects. The majority of the revenue is generated from the property development segment.
Executives
Cai Jingtai 2106 Person having a security interest in shares
Vantum Sp Fund Management Limited 2201 Interest of corporation controlled by you
Vantum Sp Opportunity Limited Partnership Fund 2201 Interest of corporation controlled by you
Salubrious Group Limited 2106 Person having a security interest in shares
Coastal International Holdings Limited 2101 Beneficial owner
Jiang Ming 2201 Interest of corporation controlled by you

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