China Biotech Services Holdings (HKSE:08037) Operating Income: HK$-75.27 Mil (TTM As of Dec. 2025)

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HKSE:08037 China Biotech Services Holdings Ltd HKSE:08037
31 GF Score
Price HK$0.62
GF Value HK$0.26
Valuation Significantly Overvalued
! 6 Warning Signs
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What is China Biotech Services Holdings Operating Income?

China Biotech Services Holdings HKSE:08037 +0.81% 31 Operating Income is HK$-75.27 Mil as of Dec. 2025. GuruFocus rates HKSE:08037 with a GF Score™ of 31/100 and a GF Value™ of HK$0.26 (Significantly Overvalued). The stock has 6 warning signs investors should review.

China Biotech Services Holdings's Operating Income for the six months ended in Dec. 2025 was HK$-34.28 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2025 was HK$-75.27 Mil.

Warning Sign:

China Biotech Services Holdings Ltd has never been profitable in the past 3 years. It lost money every year.

Operating Margin % is calculated as Operating Income divided by its Revenue. China Biotech Services Holdings's Operating Income for the six months ended in Dec. 2025 was HK$-34.28 Mil. China Biotech Services Holdings's Revenue for the six months ended in Dec. 2025 was HK$34.63 Mil. Therefore, China Biotech Services Holdings's Operating Margin % for the quarter that ended in Dec. 2025 was -98.97%.

China Biotech Services Holdings'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. China Biotech Services Holdings's annualized ROC % for the quarter that ended in Dec. 2025 was -8.72%. China Biotech Services Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was -22.96%.


China Biotech Services Holdings  (HKSE:08037) Operating Income Explanation

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

China Biotech Services 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 )
=-68.55 * ( 1 - 1.01% )/( (646.168 + 909.579)/ 2 )
=-67.857645/777.8735
=-8.72 %

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:

China Biotech Services 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 )
=-75.202/( ( (265.098 + max(-35.853, 0)) + (390.082 + max(-38.132, 0)) )/ 2 )
=-75.202/( ( 265.098 + 390.082 )/ 2 )
=-75.202/327.59
=-22.96 %

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)
=(7.988 + 2.55 + 5.73) - (52.121 + 0 + 0)
=-35.853

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(5.618 + 36.939 + 17.912) - (59.065 + 0 + 39.536)
=-38.132

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 %:

China Biotech Services 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 )
=-34.275/34.631
=-98.97 %

* 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.


China Biotech Services Holdings Operating Income Related Terms


China Biotech Services Holdings Operating Income Historical Data

* Premium members only.

The historical data trend for China Biotech Services 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.

China Biotech Services Holdings Operating Income Chart

China Biotech Services Holdings 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 189.22 849.30 -118.63 -147.62 -75.27

China Biotech Services Holdings Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 -94.95 -97.92 -49.70 -41.00 -34.28
HKSE:08037
31GF Score
China Biotech Services Holdings Ltd HKSE:08037
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
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China Biotech Services 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$-75.27 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$-75.27 Mil mean?
China Biotech Services Holdings (HKSE:08037) has a Operating Income of HK$-75.27 Mil as of Dec. 2025. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on China Biotech Services Holdings and its competitors.
Is China Biotech Services Holdings' Operating Income too high?
China Biotech Services Holdings' current Operating Income is HK$-75.27 Mil. Overall, China Biotech Services Holdings has a GF Score™ of 31/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does China Biotech Services Holdings' Operating Income compare to TMO and DHR?
China Biotech Services Holdings' Operating Income of HK$-75.27 Mil can be compared against companies in the Medical Diagnostics & Research 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 Medical Diagnostics & Research company?
A good Operating Income depends on the Medical Diagnostics & Research 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 China Biotech Services Holdings and its competitors. China Biotech Services Holdings's current Operating Income is HK$-75.27 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Biotech Services Holdings stock overvalued right now?
Based on GuruFocus' analysis, China Biotech Services Holdings (HKSE:08037) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.26, compared to a current price of HK$0.62 — trading 138.5% above its estimated fair value. The current Operating Income is HK$-75.27 Mil. China Biotech Services Holdings' overall GF Score™ is 31/100 with 6 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 China Biotech Services Holdings (HKSE:08037), the current Operating Income is HK$-75.27 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 China Biotech Services Holdings (HKSE:08037) Overvalued in 2026?

Based on GuruFocus' analysis, China Biotech Services Holdings stock appears to be overvalued. The current stock price of HK$0.62 is trading 138.5% above its estimated GF Value™ of HK$0.26. GuruFocus considers China Biotech Services Holdings to be Significantly Overvalued.

Key valuation signals for HKSE:08037:

  • Operating Income: HK$-75.27 Mil
  • GF Value™: HK$0.26 vs. price of HK$0.62 (138.5% above fair value)
  • GF Score™: 31/100 with 6 warning signs

No single metric tells the full story. See the HKSE:08037 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


China Biotech Services Holdings Business Description

Address 255-257 Gloucester Road, Suites 1904-05A, 19th Floor, Sino Plaza, Causeway Bay, Hong Kong, HKG
China Biotech Services Holdings Ltd is an investment holding company. It operates through five segments: Pharmaceutical Products, Medical and Health-Related Services, Immunotherapy, Insurance brokerage, BNCT, and Others. It derives prime revenue from the Medical & health-related services segment, which involves the provision of medical laboratory testing & health check services. The group has a business presence in Hong Kong & the PRC, of which key revenue is generated from Hong Kong. Immunotherapy-provision of tumor immune cell therapy & health management services. Pharmaceutical products-sale & distribution of health-related & pharmaceutical products. Insurance brokerage services. BNCT-provision of boron neutron capture therapy treatment services, & Others-provision of logistic services.
31GF Score

Get the complete analysis for HKSE:08037

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

HK$0.62
Price
HK$0.26
GF Value