Shandong Baogai New Materials Technology Co (HKSE:08090) Operating Income: HK$ Mil (TTM As of Dec. 2025)

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HKSE:08090 Shandong Baogai New Materials Technology Co Ltd HKSE:08090
23 GF Score
Price HK$5.54
! 2 Warning Signs
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What is Shandong Baogai New Materials Technology Co Operating Income?

Shandong Baogai New Materials Technology Co HKSE:08090 23 Operating Income is HK$ Mil as of Dec. 2025. GuruFocus rates HKSE:08090 with a GF Score™ of 23/100. The stock has 2 warning signs investors should review.

Shandong Baogai New Materials Technology Co's Operating Income for the six months ended in Dec. 2025 was HK$29.3 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Shandong Baogai New Materials Technology Co's Operating Income for the six months ended in Dec. 2025 was HK$29.3 Mil. Shandong Baogai New Materials Technology Co's Revenue for the six months ended in Dec. 2025 was HK$158.7 Mil. Therefore, Shandong Baogai New Materials Technology Co's Operating Margin % for the quarter that ended in Dec. 2025 was 18.48%.

Shandong Baogai New Materials Technology 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. Shandong Baogai New Materials Technology Co's annualized ROC % for the quarter that ended in Dec. 2025 was 19.08%. Shandong Baogai New Materials Technology Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 27.14%.

Shandong Baogai New Materials Technology Co  (HKSE:08090) Operating Income Explanation

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

Shandong Baogai New Materials Technology Co'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: Dec. 2024 ) + Invested Capital (Q: Dec. 2025 ))/ count )
=29.319 * ( 1 - 10.11% )/( (127.736 + 148.505)/ 2 )
=26.3548491/138.1205
=19.08 %

where

Invested Capital(Q: Dec. 2024 )
=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))
=184.262 - 17.496 - ( 39.03 - max(0, 26.61 - 104.262+39.03))
=127.736

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))
=203.463 - 18.365 - ( 36.593 - max(0, 29.57 - 124.233+36.593))
=148.505

Note: The Operating Income data used here is one times the annual (Dec. 2025) data.

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

Shandong Baogai New Materials Technology Co'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: Dec. 2024  Q: Dec. 2025
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=29.714/( ( (62.336 + max(36.621, 0)) + (61.056 + max(58.925, 0)) )/ 2 )
=29.714/( ( 98.957 + 119.981 )/ 2 )
=29.714/109.469
=27.14 %

where Working Capital is:

Working Capital(Q: Dec. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(47.93 + 11.847 + 2.511) - (17.496 + 0 + 8.171)
=36.621

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(62.78 + 14.848 + 9.699) - (18.365 + 0 + 10.037)
=58.925

When net working capital is negative, 0 is used.

Note: The EBIT data used here is one times the annual (Dec. 2025) EBIT data.

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

Shandong Baogai New Materials Technology Co'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 )
=29.319/158.688
=18.48 %

* 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.

Shandong Baogai New Materials Technology Co Operating Income Related Terms

Shandong Baogai New Materials Technology Co Operating Income Historical Data

* Premium members only.

The historical data trend for Shandong Baogai New Materials Technology 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.

Shandong Baogai New Materials Technology Co Operating Income Chart

Shandong Baogai New Materials Technology Co Annual Data
Trend Dec23 Dec24 Dec25
Operating Income
30.85 25.44 29.32

Shandong Baogai New Materials Technology Co Semi-Annual Data
Dec23 Dec24 Dec25
Operating Income 30.85 25.44 29.32
HKSE:08090
23GF Score
Shandong Baogai New Materials Technology Co Ltd HKSE:08090
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
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Shandong Baogai New Materials Technology 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.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Operating Income for the trailing twelve months (TTM) ended in Dec. 2025 was HK$ 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$ Mil mean?
Shandong Baogai New Materials Technology Co (HKSE:08090) has a Operating Income of HK$ Mil as of Dec. 2025. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Shandong Baogai New Materials Technology Co and its competitors.
Is Shandong Baogai New Materials Technology Co's Operating Income too high?
Shandong Baogai New Materials Technology Co's current Operating Income is HK$ Mil. Overall, Shandong Baogai New Materials Technology Co has a GF Score™ of 23/100, reflecting its overall financial health beyond just this single metric.
How does Shandong Baogai New Materials Technology Co's Operating Income compare to CRH and MLM?
Shandong Baogai New Materials Technology Co's Operating Income of HK$ Mil can be compared against companies in the Building Materials 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 Building Materials company?
A good Operating Income depends on the Building Materials 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 Shandong Baogai New Materials Technology Co and its competitors. Shandong Baogai New Materials Technology Co's current Operating Income is HK$ Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shandong Baogai New Materials Technology Co stock overvalued right now?
Shandong Baogai New Materials Technology Co (HKSE:08090) has a current Operating Income of HK$ Mil. The current Operating Income is HK$ Mil. Shandong Baogai New Materials Technology Co's overall GF Score™ is 23/100 with 2 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 Shandong Baogai New Materials Technology Co (HKSE:08090), the current Operating Income is HK$ 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.

Shandong Baogai New Materials Technology Co Business Description

Address New Material Zone, 9 He Zhuang, Zibo Economic Development Zone, Shandong Province, Zibo, CHN
Shandong Baogai New Materials Technology Co Ltd is a specialized manufacturer in China's composite trench cover industry, specializing in composite trench cover products for engineering and infrastructure needs. The principal activities of the company are engaged in the R&D, manufacturing, and sales of high-performance glass fiber-reinforced polymer trench covers, including cable trench covers, drainage covers,and manhole covers. The majority of the company's revenue is derived from the sale of cable trench covers and the rest from drainage trench covers, manhole trench covers, and others. Geographically, the maximum revenue is generated from the Chinese Mainland.
23GF Score

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

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