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Echo International Holdings Group (HKSE:08218) Operating Income : HK$-0.41 Mil (TTM As of Sep. 2024)


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What is Echo International Holdings Group Operating Income?

Echo International Holdings Group's Operating Income for the three months ended in Sep. 2024 was HK$0.00 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Sep. 2024 was HK$-0.41 Mil.

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

Good Sign:

Echo International Holdings Group Ltd operating margin is expanding. Margin expansion is usually a good sign.

Echo International Holdings Group's 5-Year average Growth Rate for Operating Margin % was 16.70% per year.

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


Echo International Holdings Group Operating Income Historical Data

The historical data trend for Echo International Holdings 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.

Echo International Holdings Group Operating Income Chart

Echo International Holdings Group Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Operating Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only -15.99 -16.73 -14.53 -9.50 -8.14

Echo International Holdings Group Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Mar24 Sep24
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 2.55 -1.46 1.05 - -

Echo International Holdings 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 Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was HK$-0.41 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.


Echo International Holdings Group  (HKSE:08218) Operating Income Explanation

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

Echo International Holdings Group's annualized ROC % for the quarter that ended in Sep. 2024 is calculated as:

ROC % (Q: Sep. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Mar. 2024 ) + Invested Capital (Q: Sep. 2024 ))/ count )
=0 * ( 1 - 0% )/( (63.062 + 65.106)/ 2 )
=0/64.084
=0.00 %

where

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

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

Echo International Holdings Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Sep. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Mar. 2024  Q: Sep. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=0/( ( (3.763 + max(16.852, 0)) + (2.528 + max(10.518, 0)) )/ 2 )
=0/( ( 20.615 + 13.046 )/ 2 )
=0/16.8305
=0.00 %

where Working Capital is:

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(4.546 + 17.657 + 4.606) - (6.986 + 0 + 2.971)
=16.852

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(5.023 + 14.698 + 0.471) - (4.564 + 0 + 5.11)
=10.518

When net working capital is negative, 0 is used.

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

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

Echo International Holdings Group's Operating Margin % for the quarter that ended in Sep. 2024 is calculated as:

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


Echo International Holdings Group Operating Income Related Terms

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Echo International Holdings Group Business Description

Traded in Other Exchanges
N/A
Address
9 Hoi Shing Road, Room 3207A, 32nd Floor, Cable TV Tower, Tsuen Wan, Hong Kong, HKG
Echo International Holdings Group Ltd is an investment holding company. The company's operating segment includes the Trading of electronic products; Manufacturing and trading of electronic products and accessories, Provision of food catering services, and trading of timepieces. It generates maximum revenue from the Provision of food catering services segment. Its products include security alarm, indications board, buzzers, timer, fishing indicator, charge board, control board, fire alarm, LED lamp assembly, switch, printed circuit board, and others. Geographically, it derives a majority of revenue from Hong KongCountries.
Executives
Lissington Limited
Zheng Ze Li
Bluemount Investment Fund Spc - Bluemount Investment Fund Sp
Ecgo International Ltd
Zhou Qilin
Siu Hiu Ki Jamie
Siu Wang Kei
Yeung Tong Seng Terry
Liu Wing Yee Amy 2101 Beneficial owner
Lam Sau Man
Heilesen Henrick

Echo International Holdings Group Headlines

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