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CHYY Development Group (HKSE:08128) Operating Income : HK$-24.51 Mil (TTM As of Dec. 2024)


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What is CHYY Development Group Operating Income?

CHYY Development Group's Operating Income for the three months ended in Dec. 2024 was HK$0.00 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2024 was HK$-24.51 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. CHYY Development Group's Operating Income for the three months ended in Dec. 2024 was HK$0.00 Mil. CHYY Development Group's Revenue for the three months ended in Dec. 2024 was HK$0.00 Mil. Therefore, CHYY Development Group's Operating Margin % for the quarter that ended in Dec. 2024 was %.

Warning Sign:

CHYY Development Group Ltd operating margin has been in a 5-year decline. The average rate of decline per year is -39.1%.

CHYY Development Group's 5-Year average Growth Rate for Operating Margin % was -39.10% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. CHYY Development Group's annualized ROC % for the quarter that ended in Dec. 2024 was 0.00%. CHYY Development Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was 0.00%.


CHYY Development Group Operating Income Historical Data

The historical data trend for CHYY Development Group'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.

* Premium members only.

CHYY Development Group Operating Income Chart

CHYY Development Group Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Operating Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only -52.79 -45.32 -37.72 -44.86 -28.48

CHYY Development Group Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Jun24 Dec24
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 -6.14 -7.58 -16.92 - -

CHYY Development Group 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was HK$-24.51 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.


CHYY Development Group  (HKSE:08128) Operating Income Explanation

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

CHYY Development Group's annualized ROC % for the quarter that ended in Dec. 2024 is calculated as:

ROC % (Q: Dec. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2024 ) + Invested Capital (Q: Dec. 2024 ))/ count )
=0 * ( 1 - 0% )/( (850.283 + 455.212)/ 2 )
=0/652.7475
=0.00 %

where

Invested Capital(Q: Jun. 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))
=1161.142 - 331.824 - ( 328.435 - max(0, 767.308 - 746.343+328.435))
=850.283

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))
=856.801 - 411.757 - ( 57.481 - max(0, 467.988 - 457.82+57.481))
=455.212

Note: The Operating Income data used here is four times the quarterly (Dec. 2024) data.

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

CHYY Development Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2024  Q: Dec. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=0/( ( (143.696 + max(-445.705, 0)) + (140.998 + max(-114.15, 0)) )/ 2 )
=0/( ( 143.696 + 140.998 )/ 2 )
=0/142.347
=0.00 %

where Working Capital is:

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(3.142 + 13.728 + 296.925) - (331.824 + 0 + 427.676)
=-445.705

Working Capital(Q: Dec. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(11.881 + 14.067 + 314.786) - (411.757 + 0 + 43.127)
=-114.15

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Dec. 2024) EBIT data.

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

CHYY Development Group's Operating Margin % for the quarter that ended in Dec. 2024 is calculated as:

Operating Margin %=Operating Income (Q: Dec. 2024 )/Revenue (Q: Dec. 2024 )
=0/0
= %

* 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.


CHYY Development Group Operating Income Related Terms

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CHYY Development Group Business Description

Traded in Other Exchanges
N/A
Address
62-63 Connaught Road Central, 8th Floor, Chung Hing Commercial Building, Central, Hong Kong, HKG
CHYY Development Group Ltd is focusing on the field of promotion of geothermal ground source energy as alternative energy for heating (cooling) with a large state-owned enterprise specialized in energy conservation and environmental protection. The company owns a full-stop industrial chain integrating technology service, design consultancy, equipment manufacturing, system engineering, and property maintenance into one operating system, enabling it to provide complete energy system solutions of shallow ground source heating (cooling) energy for various types of buildings in different regions.
Executives
Zhang Yiying 2101 Beneficial owner
Liu Ening 2101 Beneficial owner
Xu Shengheng 2101 Beneficial owner
Liu Ening 2202 Interest of your spouse
Wang Michael Zhi Yu 2101 Beneficial owner
Universal Zone Limited 2101 Beneficial owner
Zhong Guo Jie Neng Huan Bao Ji Tuan You Xian Gong Si
Zhong Guo Jie Neng Huan Bao Xiang Gang Tou Zi You Xian Gong Si

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