Zhejiang United Investment Holdings Group (HKSE:08366) Operating Income: HK$-4.2 Mil (TTM As of Apr. 2026)

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What is Zhejiang United Investment Holdings Group Operating Income?

Zhejiang United Investment Holdings Group HKSE:08366 Operating Income is HK$-4.2 Mil as of Apr. 2026. The stock has 4 warning signs investors should review.

Zhejiang United Investment Holdings Group's Operating Income for the six months ended in Apr. 2026 was HK$-1.9 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Apr. 2026 was HK$-4.2 Mil.

Warning Sign:

Zhejiang United Investment Holdings Group 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. Zhejiang United Investment Holdings Group's Operating Income for the six months ended in Apr. 2026 was HK$-1.9 Mil. Zhejiang United Investment Holdings Group's Revenue for the six months ended in Apr. 2026 was HK$81.0 Mil. Therefore, Zhejiang United Investment Holdings Group's Operating Margin % for the quarter that ended in Apr. 2026 was -2.29%.

Good Sign:

Zhejiang United Investment Holdings Group Ltd operating margin is expanding. Margin expansion is usually a good sign.

Zhejiang United Investment Holdings Group's 5-Year average Growth Rate for Operating Margin % was 43.40% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Zhejiang United Investment Holdings Group's annualized ROC % for the quarter that ended in Apr. 2026 was -7.25%. Zhejiang United Investment Holdings Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Apr. 2026 was -1,699.59%.


Zhejiang United Investment Holdings Group  (HKSE:08366) Operating Income Explanation

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

Zhejiang United Investment Holdings Group's annualized ROC % for the quarter that ended in Apr. 2026 is calculated as:

ROC % (Q: Apr. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Oct. 2025 ) + Invested Capital (Q: Apr. 2026 ))/ count )
=-3.714 * ( 1 - 0% )/( (30.492 + 71.967)/ 2 )
=-3.714/51.2295
=-7.25 %

where

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

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

Zhejiang United Investment Holdings Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Apr. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Apr. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Oct. 2025  Q: Apr. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-4.096/( ( (0.283 + max(-27.4, 0)) + (0.199 + max(-54.502, 0)) )/ 2 )
=-4.096/( ( 0.283 + 0.199 )/ 2 )
=-4.096/0.241
=-1,699.59 %

where Working Capital is:

Working Capital(Q: Oct. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(8.566 + 0 + 1.056) - (26.106 + 0 + 10.916)
=-27.4

Working Capital(Q: Apr. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(14.888 + 0 + 0.916) - (20.505 + 0 + 49.801)
=-54.502

When net working capital is negative, 0 is used.

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

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

Zhejiang United Investment Holdings Group's Operating Margin % for the quarter that ended in Apr. 2026 is calculated as:

Operating Margin %=Operating Income (Q: Apr. 2026 )/Revenue (Q: Apr. 2026 )
=-1.857/80.98
=-2.29 %

* 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.


Zhejiang United Investment Holdings Group Operating Income Related Terms


Zhejiang United Investment Holdings Group Operating Income Historical Data

* Premium members only.

The historical data trend for Zhejiang United Investment 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.

Zhejiang United Investment Holdings Group Operating Income Chart

Zhejiang United Investment Holdings Group Annual Data
Trend Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24 Apr25 Apr26
Operating Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only -7.68 -4.19 -1.48 -0.35 -4.21

Zhejiang United Investment Holdings Group Semi-Annual Data
Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23 Apr24 Oct24 Apr25 Oct25 Apr26
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 -0.48 0.13 -0.48 -2.35 -1.86

Zhejiang United Investment 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 Apr. 2026 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$-4.2 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$-4.2 Mil mean?
Zhejiang United Investment Holdings Group (HKSE:08366) has a Operating Income of HK$-4.2 Mil as of Apr. 2026. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Zhejiang United Investment Holdings Group and its competitors.
Is Zhejiang United Investment Holdings Group's Operating Income too high?
Zhejiang United Investment Holdings Group's current Operating Income is HK$-4.2 Mil.
How does Zhejiang United Investment Holdings Group's Operating Income compare to PWR and FIX?
Zhejiang United Investment Holdings Group's Operating Income of HK$-4.2 Mil can be compared against companies in the Construction 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 Construction company?
A good Operating Income depends on the Construction 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 Zhejiang United Investment Holdings Group and its competitors. Zhejiang United Investment Holdings Group's current Operating Income is HK$-4.2 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhejiang United Investment Holdings Group stock overvalued right now?
Based on GuruFocus' analysis, Zhejiang United Investment Holdings Group (HKSE:08366) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.01, compared to a current price of HK$0.02 — trading 120% above its estimated fair value. The current Operating Income is HK$-4.2 Mil. 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 Zhejiang United Investment Holdings Group (HKSE:08366), the current Operating Income is HK$-4.2 Mil as of Apr. 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.

Zhejiang United Investment Holdings Group Business Description

Address 489-491 Castle Peak Road, Unit A6-D, 12th Floor, Block A, Hong Kong Industrial Centre, Lai Chi Kok, Kowloon, Hong Kong, HKG
Zhejiang United Investment Holdings Group Ltd is a Hong Kong-based investment holding company principally engaged in the building contractor business. The company is principally engaged in undertaking slope works, foundation works and other general building works. Geographically, it operates and derives revenue from Hong Kong. The company's slope works generally refer to landslip preventive and remedial works for improving the stability of slopes and retaining walls. Its foundation works include the construction of foundations. The company's general building works comprise the general construction of buildings.