Jiangsu Lopal Tech Group Co (HKSE:02465) Operating Income: HK$1,260 Mil (TTM As of Jun. 2026)

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HKSE:02465 Jiangsu Lopal Tech Group Co Ltd HKSE:02465
57 GF Score
Price HK$8.82
GF Value HK$5.57
Valuation Significantly Overvalued
! 9 Warning Signs
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What is Jiangsu Lopal Tech Group Co Operating Income?

Jiangsu Lopal Tech Group Co HKSE:02465 -2.11% 57 Operating Income is HK$1,260 Mil as of Jun. 2026. GuruFocus rates HKSE:02465 with a GF Score™ of 57/100 and a GF Value™ of HK$5.57 (Significantly Overvalued). The stock has 9 warning signs investors should review.

Jiangsu Lopal Tech Group Co's Operating Income for the three months ended in Jun. 2026 was HK$478 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Jun. 2026 was HK$1,260 Mil.

Warning Sign:

Jiangsu Lopal Tech Group 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. Jiangsu Lopal Tech Group Co's Operating Income for the three months ended in Jun. 2026 was HK$478 Mil. Jiangsu Lopal Tech Group Co's Revenue for the three months ended in Jun. 2026 was HK$4,282 Mil. Therefore, Jiangsu Lopal Tech Group Co's Operating Margin % for the quarter that ended in Jun. 2026 was 11.15%.

Jiangsu Lopal Tech Group 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. Jiangsu Lopal Tech Group Co's annualized ROC % for the quarter that ended in Jun. 2026 was 8.76%. Jiangsu Lopal Tech Group Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 14.66%.


Jiangsu Lopal Tech Group Co  (HKSE:02465) Operating Income Explanation

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

Jiangsu Lopal Tech Group Co's annualized ROC % for the quarter that ended in Jun. 2026 is calculated as:

ROC % (Q: Jun. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Mar. 2026 ) + Invested Capital (Q: Jun. 2026 ))/ count )
=1910.052 * ( 1 - 0% )/( (20849.955 + 22769.961)/ 2 )
=1910.052/21809.958
=8.76 %

where

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))
=24034.042 - 3587.672 - ( 4874.234 - max(0, 13817.067 - 13413.482+4874.234))
=20849.955

Invested Capital(Q: Jun. 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))
=30982.034 - 5427.802 - ( 9112.187 - max(0, 16504.161 - 19288.432+9112.187))
=22769.961

Note: The Operating Income data used here is four times the quarterly (Jun. 2026) data.

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

Jiangsu Lopal Tech Group Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Jun. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Mar. 2026  Q: Jun. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=1721.032/( ( (8896.563 + max(2223.133, 0)) + (9663.095 + max(2690.904, 0)) )/ 2 )
=1721.032/( ( 11119.696 + 12353.999 )/ 2 )
=1721.032/11736.8475
=14.66 %

where Working Capital is:

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(3245.211 + 2806.068 + 1453.408) - (3587.672 + 0 + 1693.882)
=2223.133

Working Capital(Q: Jun. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(3512.343 + 5223.619 + 1056.658) - (5427.802 + 0 + 1673.914)
=2690.904

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Jun. 2026) EBIT data.

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

Jiangsu Lopal Tech Group Co's Operating Margin % for the quarter that ended in Jun. 2026 is calculated as:

Operating Margin %=Operating Income (Q: Jun. 2026 )/Revenue (Q: Jun. 2026 )
=477.513/4281.733
=11.15 %

* 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.


Jiangsu Lopal Tech Group Co Operating Income Related Terms


Jiangsu Lopal Tech Group Co Operating Income Historical Data

* Premium members only.

The historical data trend for Jiangsu Lopal Tech Group 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.

Jiangsu Lopal Tech Group Co Operating Income Chart

Jiangsu Lopal Tech Group Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Operating Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 697.13 1,648.28 -981.97 -218.75 409.69

Jiangsu Lopal Tech Group Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 61.22 67.22 214.23 500.98 477.51
HKSE:02465
57GF Score
Jiangsu Lopal Tech Group Co Ltd HKSE:02465
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
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Jiangsu Lopal Tech Group 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 Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was HK$1,260 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$1,260 Mil mean?
Jiangsu Lopal Tech Group Co (HKSE:02465) has a Operating Income of HK$1,260 Mil as of Jun. 2026. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Jiangsu Lopal Tech Group Co and its competitors.
Is Jiangsu Lopal Tech Group Co's Operating Income too high?
Jiangsu Lopal Tech Group Co's current Operating Income is HK$1,260 Mil. Overall, Jiangsu Lopal Tech Group Co has a GF Score™ of 57/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Jiangsu Lopal Tech Group Co's Operating Income compare to MPC and VLO?
Jiangsu Lopal Tech Group Co's Operating Income of HK$1,260 Mil can be compared against companies in the Chemicals 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 Chemicals company?
A good Operating Income depends on the Chemicals 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 Jiangsu Lopal Tech Group Co and its competitors. Jiangsu Lopal Tech Group Co's current Operating Income is HK$1,260 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jiangsu Lopal Tech Group Co stock overvalued right now?
Based on GuruFocus' analysis, Jiangsu Lopal Tech Group Co (HKSE:02465) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$5.57, compared to a current price of HK$8.82 — trading 58.3% above its estimated fair value. The current Operating Income is HK$1,260 Mil. Jiangsu Lopal Tech Group Co's overall GF Score™ is 57/100 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 Jiangsu Lopal Tech Group Co (HKSE:02465), the current Operating Income is HK$1,260 Mil as of Jun. 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.

Is Jiangsu Lopal Tech Group Co (HKSE:02465) Overvalued in 2026?

Based on GuruFocus' analysis, Jiangsu Lopal Tech Group Co stock appears to be overvalued. The current stock price of HK$8.82 is trading 58.3% above its estimated GF Value™ of HK$5.57. GuruFocus considers Jiangsu Lopal Tech Group Co to be Significantly Overvalued.

Key valuation signals for HKSE:02465:

  • Operating Income: HK$1,260 Mil
  • GF Value™: HK$5.57 vs. price of HK$8.82 (58.3% above fair value)
  • GF Score™: 57/100 with 9 warning signs

No single metric tells the full story. See the HKSE:02465 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Jiangsu Lopal Tech Group Co Business Description

Other Exchanges 603906:China
Address No. 6 Hengtong Avenue, Nanjing Economic and Technological Development Zone, Jiangsu Province, Nanjing, CHN, 210038
Jiangsu Lopal Tech Group Co Ltd and its subsidiaries are principally engaged in the production and sale of lithium iron phosphate (LFP) cathode materials and automotive specialty chemicals. Its product offerings mainly include lithium cathode materials used in new energy vehicles and energy storage products; and automotive and industrial lubricants, diesel engine exhaust treatment fluids, coolants, and a variety of automotive maintenance products, marketed under Lopal, Kelas, and Teec brands. The Group's operating segments are: Sale of LFP cathode materials, which generate maximum revenue, Processing of lithium carbonate and raw materials, Sale of automotive specialty chemicals, and Other businesses.
57GF Score

Get the complete analysis for HKSE:02465

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

HK$8.82
Price
HK$5.57
GF Value