Guangdong Yueyun Transportation Co (HKSE:03399) Operating Income: HK$474 Mil (TTM As of Jun. 2026)

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HKSE:03399 Guangdong Yueyun Transportation Co Ltd HKSE:03399
75 GF Score
Price HK$1.26
GF Value HK$1.50
Valuation Modestly Undervalued
! 1 Warning Sign
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What is Guangdong Yueyun Transportation Co Operating Income?

Guangdong Yueyun Transportation Co HKSE:03399 75 Operating Income is HK$474 Mil as of Jun. 2026. GuruFocus rates HKSE:03399 with a GF Score™ of 75/100 and a GF Value™ of HK$1.50 (Modestly Undervalued). The stock has 1 warning sign investors should review.

Guangdong Yueyun Transportation Co's Operating Income for the six months ended in Jun. 2026 was HK$198 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Jun. 2026 was HK$474 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Guangdong Yueyun Transportation Co's Operating Income for the six months ended in Jun. 2026 was HK$198 Mil. Guangdong Yueyun Transportation Co's Revenue for the six months ended in Jun. 2026 was HK$4,324 Mil. Therefore, Guangdong Yueyun Transportation Co's Operating Margin % for the quarter that ended in Jun. 2026 was 4.57%.

Guangdong Yueyun Transportation 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. Guangdong Yueyun Transportation Co's annualized ROC % for the quarter that ended in Jun. 2026 was 5.87%. Guangdong Yueyun Transportation Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 20.02%.


Guangdong Yueyun Transportation Co  (HKSE:03399) Operating Income Explanation

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

Guangdong Yueyun Transportation 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: Dec. 2025 ) + Invested Capital (Q: Jun. 2026 ))/ count )
=395.396 * ( 1 - 14.4% )/( (5796.004 + 5735.659)/ 2 )
=338.458976/5765.8315
=5.87 %

where

Invested Capital(Q: Dec. 2025 )
=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))
=7641.556 - 1517.338 - ( 1249.518 - max(0, 1943.689 - 2271.903+1249.518))
=5796.004

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))
=8294.649 - 1835.7 - ( 2080.063 - max(0, 2328.816 - 3052.106+2080.063))
=5735.659

Note: The Operating Income data used here is two times the semi-annual (Jun. 2026) data.

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

Guangdong Yueyun Transportation 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: Dec. 2025  Q: Jun. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=765.898/( ( (3877.713 + max(-974.004, 0)) + (3772.983 + max(-1355.909, 0)) )/ 2 )
=765.898/( ( 3877.713 + 3772.983 )/ 2 )
=765.898/3825.348
=20.02 %

where Working Capital is:

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(278.478 + 140.111 + 272.042) - (1517.338 + 0 + 147.297)
=-974.004

Working Capital(Q: Jun. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(328.91 + 167.483 + 189.749) - (1835.7 + 0 + 206.351)
=-1355.909

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Jun. 2026) EBIT data.

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

Guangdong Yueyun Transportation 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 )
=197.698/4323.827
=4.57 %

* 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.


Guangdong Yueyun Transportation Co Operating Income Related Terms


Guangdong Yueyun Transportation Co Operating Income Historical Data

* Premium members only.

The historical data trend for Guangdong Yueyun Transportation 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.

Guangdong Yueyun Transportation Co Operating Income Chart

Guangdong Yueyun Transportation 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 15.91 -24.65 426.20 428.23 452.45

Guangdong Yueyun Transportation Co Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 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 236.84 193.34 174.28 276.31 197.70
HKSE:03399
75GF Score
Guangdong Yueyun Transportation Co Ltd HKSE:03399
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
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Guangdong Yueyun Transportation 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 semi-annually data reported by the company within the most recent 12 months, which was HK$474 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$474 Mil mean?
Guangdong Yueyun Transportation Co (HKSE:03399) has a Operating Income of HK$474 Mil as of Jun. 2026. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Guangdong Yueyun Transportation Co and its competitors.
Is Guangdong Yueyun Transportation Co's Operating Income too high?
Guangdong Yueyun Transportation Co's current Operating Income is HK$474 Mil. Overall, Guangdong Yueyun Transportation Co has a GF Score™ of 75/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Guangdong Yueyun Transportation Co's Operating Income compare to UPS and FDX?
Guangdong Yueyun Transportation Co's Operating Income of HK$474 Mil can be compared against companies in the Transportation 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 Transportation company?
A good Operating Income depends on the Transportation 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 Guangdong Yueyun Transportation Co and its competitors. Guangdong Yueyun Transportation Co's current Operating Income is HK$474 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Guangdong Yueyun Transportation Co stock overvalued right now?
Based on GuruFocus' analysis, Guangdong Yueyun Transportation Co (HKSE:03399) is currently considered Modestly Undervalued. The stock's GF Value™ is HK$1.50, compared to a current price of HK$1.26 — trading 16% below its estimated fair value. The current Operating Income is HK$474 Mil. Guangdong Yueyun Transportation Co's overall GF Score™ is 75/100 with 1 warning sign 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 Guangdong Yueyun Transportation Co (HKSE:03399), the current Operating Income is HK$474 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 Guangdong Yueyun Transportation Co (HKSE:03399) Overvalued in 2026?

Based on GuruFocus' analysis, Guangdong Yueyun Transportation Co stock appears to be undervalued. The current stock price of HK$1.26 is trading 16% below its estimated GF Value™ of HK$1.50. GuruFocus considers Guangdong Yueyun Transportation Co to be Modestly Undervalued.

Key valuation signals for HKSE:03399:

  • Operating Income: HK$474 Mil
  • GF Value™: HK$1.50 vs. price of HK$1.26 (16% below fair value)
  • GF Score™: 75/100 with 1 warning sign

No single metric tells the full story. See the HKSE:03399 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Guangdong Yueyun Transportation Co Business Description

Address 188 Connaught Road West, Rooms 3108 - 3112, 31st Floor, Hong Kong Plaza, Hong Kong, HKG
Guangdong Yueyun Transportation Co Ltd is principally engaged in the transportation services business, including Energy Business, Retail Trade Business, Commercial Development Business, Merchant Solicitation Business, Advertising Business, Road Passenger Transportation Business, Expressway Vehicle Rescue Business, and Taiping Interchange Operation. The operations of the Group are classified into three segments, including expressway service zones operation, which includes energy business, retail trade business, and commercial development business; road passenger transportation; and auxiliary and other business, which includes Taiping Interchange operation and other business.
75GF Score

Get the complete analysis for HKSE:03399

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

HK$1.26
Price
HK$1.50
GF Value