Easy Smart Group Holdings (HKSE:02442) Operating Income: HK$-7.8 Mil (TTM As of Dec. 2025)

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HKSE:02442 Easy Smart Group Holdings Ltd HKSE:02442
68 GF Score
Price HK$64.15
GF Value HK$1.10
Valuation Significantly Overvalued
! 9 Warning Signs
View Full Analysis

What is Easy Smart Group Holdings Operating Income?

Easy Smart Group Holdings HKSE:02442 -43.28% 68 Operating Income is HK$-7.8 Mil as of Dec. 2025. GuruFocus rates HKSE:02442 with a GF Score™ of 68/100 and a GF Value™ of HK$1.10 (Significantly Overvalued). The stock has 9 warning signs investors should review.

Easy Smart Group Holdings's Operating Income for the six months ended in Dec. 2025 was HK$-5.5 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2025 was HK$-7.8 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Easy Smart Group Holdings's Operating Income for the six months ended in Dec. 2025 was HK$-5.5 Mil. Easy Smart Group Holdings's Revenue for the six months ended in Dec. 2025 was HK$138.8 Mil. Therefore, Easy Smart Group Holdings's Operating Margin % for the quarter that ended in Dec. 2025 was -4.00%.

Warning Sign:

Easy Smart Group Holdings Ltd operating margin has been in a 5-year decline. The average rate of decline per year is -38.3%.

Easy Smart Group Holdings's 5-Year average Growth Rate for Operating Margin % was -38.30% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Easy Smart Group Holdings's annualized ROC % for the quarter that ended in Dec. 2025 was -5.54%. Easy Smart Group Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was -6.46%.


Easy Smart Group Holdings  (HKSE:02442) Operating Income Explanation

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

Easy Smart Group 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 )
=-11.092 * ( 1 - 8.586% )/( (165.598 + 200.561)/ 2 )
=-10.13964088/183.0795
=-5.54 %

where

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:

Easy Smart Group 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 )
=-11.08/( ( (3.591 + max(152.764, 0)) + (2.217 + max(184.44, 0)) )/ 2 )
=-11.08/( ( 156.355 + 186.657 )/ 2 )
=-11.08/171.506
=-6.46 %

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)
=(160.551 + 0 + 6.101) - (11.257 + 0.939 + 1.692)
=152.764

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(189.649 + 0 + 3.541) - (5.196 + 1.617 + 1.937)
=184.44

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 %:

Easy Smart Group 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 )
=-5.546/138.767
=-4.00 %

* 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.


Easy Smart Group Holdings Operating Income Related Terms


Easy Smart Group Holdings Operating Income Historical Data

* Premium members only.

The historical data trend for Easy Smart Group 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.

Easy Smart Group Holdings Operating Income Chart

Easy Smart Group Holdings Annual Data
Trend Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Operating Income
Get a 7-Day Free Trial 46.38 51.21 64.98 42.74 -1.70

Easy Smart Group Holdings Semi-Annual Data
Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Operating Income Get a 7-Day Free Trial 29.66 13.08 2.81 -2.27 -5.55
HKSE:02442
68GF Score
Easy Smart Group Holdings Ltd HKSE:02442
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Easy Smart Group 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 HK$-7.8 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 HK$-7.8 Mil mean?
Easy Smart Group Holdings (HKSE:02442) has a Operating Income of HK$-7.8 Mil as of Dec. 2025. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Easy Smart Group Holdings and its competitors.
Is Easy Smart Group Holdings' Operating Income too high?
Easy Smart Group Holdings' current Operating Income is HK$-7.8 Mil. Overall, Easy Smart Group Holdings has a GF Score™ of 68/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Easy Smart Group Holdings' Operating Income compare to ALLE and MSA?
Easy Smart Group Holdings' Operating Income of HK$-7.8 Mil can be compared against companies in the Business Services 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 Business Services company?
A good Operating Income depends on the Business Services 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 Easy Smart Group Holdings and its competitors. Easy Smart Group Holdings's current Operating Income is HK$-7.8 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Easy Smart Group Holdings stock overvalued right now?
Based on GuruFocus' analysis, Easy Smart Group Holdings (HKSE:02442) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$1.10, compared to a current price of HK$64.15 — trading 5731.8% above its estimated fair value. The current Operating Income is HK$-7.8 Mil. Easy Smart Group Holdings' overall GF Score™ is 68/100 with 9 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 Easy Smart Group Holdings (HKSE:02442), the current Operating Income is HK$-7.8 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 Easy Smart Group Holdings (HKSE:02442) Overvalued in 2026?

Based on GuruFocus' analysis, Easy Smart Group Holdings stock appears to be overvalued. The current stock price of HK$64.15 is trading 5731.8% above its estimated GF Value™ of HK$1.10. GuruFocus considers Easy Smart Group Holdings to be Significantly Overvalued.

Key valuation signals for HKSE:02442:

  • Operating Income: HK$-7.8 Mil
  • GF Value™: HK$1.10 vs. price of HK$64.15 (5731.8% above fair value)
  • GF Score™: 68/100 with 9 warning signs

No single metric tells the full story. See the HKSE:02442 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Easy Smart Group Holdings Business Description

Address Nos. 167-175 Wo Yi Hop Road, Unit G, 7th Floor, Kingsway Industrial Building, Phase II, Kwai Chung, New Territories, Hong Kong, HKG
Easy Smart Group Holdings Ltd operates as a subcontractor specializing in passive fire protection works in Hong Kong. Its passive fire protection works generally involve the design, selection, procurement, and installation of appropriate materials and components in a building to reduce or prevent the spread and effects of fire, heat, or smoke without requiring detection or activation upon detection. The Group has two principal activities: the provision of passive fire protection works and the provision of passive fire protection information services. The company generates key revenue from Public sector projects.
68GF Score

Get the complete analysis for HKSE:02442

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

HK$64.15
Price
HK$1.10
GF Value