YCIH Green High-Performance Concrete Co (HKSE:01847) Operating Income : HK$-6 Mil (TTM As of Dec. 2023)

View and export this data going back to 2019. Start your Free Trial

What is YCIH Green High-Performance Concrete Co Operating Income?

YCIH Green High-Performance Concrete Co's Operating Income for the six months ended in Dec. 2023 was HK$-17 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2023 was HK$-6 Mil.

Warning Sign:

YCIH Green High-Performance Concrete Co 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. YCIH Green High-Performance Concrete Co's Operating Income for the six months ended in Dec. 2023 was HK$-17 Mil. YCIH Green High-Performance Concrete Co's Revenue for the six months ended in Dec. 2023 was HK$734 Mil. Therefore, YCIH Green High-Performance Concrete Co's Operating Margin % for the quarter that ended in Dec. 2023 was -2.28%.

YCIH Green High-Performance Concrete Co'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. YCIH Green High-Performance Concrete Co's annualized ROC % for the quarter that ended in Dec. 2023 was -1.42%. YCIH Green High-Performance Concrete Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -2.44%.

YCIH Green High-Performance Concrete Co Operating Income Historical Data

The historical data trend for YCIH Green High-Performance Concrete Co'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.

YCIH Green High-Performance Concrete Co Operating Income Chart

YCIH Green High-Performance Concrete Co Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Operating Income

Get a 7-Day Free Trial

291.54

361.07

30.02

79.26

-5.93

YCIH Green High-Performance Concrete Co Semi-Annual Data
	Dec16	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Operating Income	Get a 7-Day Free Trial								9.09	51.32	30.37	10.78	-16.71

YCIH Green High-Performance Concrete Co 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. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$-6 Mil.

YCIH Green High-Performance Concrete Co (HKSE:01847) Operating Income Explanation

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

YCIH Green High-Performance Concrete Co's annualized ROC % for the quarter that ended in Dec. 2023 is calculated as:

	ROC % (Q: Dec. 2023 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Jun. 2023 )	+	Invested Capital (Q: Dec. 2023 ))	/ count )
=	-33.428 * ( 1 - 23.59% )	/	( (1710.579	+	1877.689)	/ 2 )
=	-25.5423348	/	1794.134
=	-1.42 %

where

	Invested Capital		(Q: Jun. 2023 )
=	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	))
=	5246.335	-	3356.309	-	( 179.447	-	max(0, 3724.074	-	4920.575	+	179.447	))
=	1710.579

	Invested Capital		(Q: Dec. 2023 )
=	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	))
=	4873.606	-	2909.394	-	( 86.523	-	max(0, 3363.509	-	4500.422	+	86.523	))
=	1877.689

Note: The Operating Income data used here is two times the semi-annual (Dec. 2023) data.

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

YCIH Green High-Performance Concrete Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Dec. 2023 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Jun. 2023		Q: Dec. 2023
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	-39.246	/	( ( (236.459 + max(1253.964, 0))	+	(282.437 + max(1438.413, 0)) )	/	2 )
=	-39.246	/	( ( 1490.423	+	1720.85 )	/	2 )
=	-39.246	/	1605.6365
=	-2.44 %

where Working Capital is:

	Working Capital		(Q: Jun. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(4210.763	+	25.224	+	381.022)	-	(3356.309	+	0	+	6.7359999999999)
=	1253.964

	Working Capital		(Q: Dec. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(4032.423	+	24.453	+	305.115)	-	(2909.394	+	0	+	14.184)
=	1438.413

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Dec. 2023) EBIT data.

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

YCIH Green High-Performance Concrete Co's Operating Margin % for the quarter that ended in Dec. 2023 is calculated as:

Operating Margin %	=	Operating Income (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	-16.714	/	734.228
	=	-2.28 %

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.

YCIH Green High-Performance Concrete Co Operating Income Related Terms

Thank you for viewing the detailed overview of YCIH Green High-Performance Concrete Co's Operating Income provided by GuruFocus.com. Please click on the following links to see related term pages.

YCIH Green High-Performance Concrete Co (HKSE:01847) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » YCIH Green High-Performance Concrete Co Ltd (HKSE:01847) » Definitions » Operating Income

Comparable Companies

Traded in Other Exchanges

N/A

Address

188 Linxi Road, 5th Floor and 9th Floor, YCIH Development Building, Information Industrial Base, Yunnan, Economic and Technological Development Zone, Kunming, CHN

Website

https://www.ynhnt.com

YCIH Green High-Performance Concrete Co Ltd is a ready-mixed concrete producer in China. It produces and supplies ready-mixed concrete and related construction materials as well as provides quality and technology management services to customers. The company generates revenue in the form of the sale of ready-mixed concrete, polycarboxylic admixtures, aggregates, and Quality & technology management service. All of its revenues come from Mainland China.

Executives

Hwabao Trust Co., Ltd	2301 Trustee
Hua An Ji Jin Yun Nan Jiao Tou Tou Zi Dan Yi Zi Chan Guan Li Ji Hua	2501 Other
Yun Nan Sheng Jiao Tong Tou Zi Jian She Ji Tuan You Xian Gong Si
Yun Nan Jiao Tou Ji Tuan Tou Zi You Xian Gong Si	2101 Beneficial owner
Hua An Ji Jin Yun Nong Ken Dan Yi Zi Chan Guan Li Ji Hua	2501 Other
Yun Nan Nong Ken Ji Tuan You Xian Ze Ren Gong Si	2101 Beneficial owner
Kun Ming Gang Tie Kong Gu You Xian Gong Si	2101 Beneficial owner
Yun Nan Sheng Gong Ye Tou Zi Kong Gu Ji Tuan You Xian Ze Ren Gong Si	2101 Beneficial owner
Hua An Ji Jin Guan Li You Xian Gong Si	2501 Other
Yunnan Provincial Energy Investment Group Co., Ltd	2201 Interest of corporation controlled by you
Yunnan Energy Investment (h K) Co. Limited	2101 Beneficial owner
China Resources (holdings) Company Limited	2201 Interest of corporation controlled by you
Zoomlion International Trading (h.k.) Co.,limited	2101 Beneficial owner
Zoomlion Heavy Industry Science And Technology Co.,limited	2201 Interest of corporation controlled by you
Zoomlion H.k. Holding Co., Limited	2201 Interest of corporation controlled by you

YCIH Green High-Performance Concrete Co (HKSE:01847) Headlines

No Headlines