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Wise Ally International Holdings (HKSE:09918) Operating Income : HK$77 Mil (TTM As of Jun. 2024)


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What is Wise Ally International Holdings Operating Income?

Wise Ally International Holdings's Operating Income for the six months ended in Jun. 2024 was HK$25 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Jun. 2024 was HK$77 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Wise Ally International Holdings's Operating Income for the six months ended in Jun. 2024 was HK$25 Mil. Wise Ally International Holdings's Revenue for the six months ended in Jun. 2024 was HK$564 Mil. Therefore, Wise Ally International Holdings's Operating Margin % for the quarter that ended in Jun. 2024 was 4.47%.

Warning Sign:

Wise Ally International Holdings Ltd operating margin has been in a 5-year decline. The average rate of decline per year is -14%.

Wise Ally International Holdings's 5-Year average Growth Rate for Operating Margin % was -14.00% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Wise Ally International Holdings's annualized ROC % for the quarter that ended in Jun. 2024 was 7.89%. Wise Ally International Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 29.19%.


Wise Ally International Holdings Operating Income Historical Data

The historical data trend for Wise Ally International 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.

* Premium members only.

Wise Ally International Holdings Operating Income Chart

Wise Ally International Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Operating Income
Get a 7-Day Free Trial Premium Member Only 25.98 50.11 48.42 49.86 76.62

Wise Ally International Holdings Semi-Annual Data
Dec16 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 42.57 0.30 49.55 25.21 51.41

Wise Ally International 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 Jun. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$77 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.


Wise Ally International Holdings  (HKSE:09918) Operating Income Explanation

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

Wise Ally International Holdings's annualized ROC % for the quarter that ended in Jun. 2024 is calculated as:

ROC % (Q: Jun. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2023 ) + Invested Capital (Q: Jun. 2024 ))/ count )
=50.424 * ( 1 - 23.02% )/( (584.608 + 399.547)/ 2 )
=38.8163952/492.0775
=7.89 %

where

Invested Capital(Q: Dec. 2023 )
=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))
=965.631 - 306.683 - ( 274.572 - max(0, 748.322 - 822.662+274.572))
=584.608

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))
=949.619 - 457.266 - ( 275.368 - max(0, 722.774 - 815.58+275.368))
=399.547

Note: The Operating Income data used here is two times the semi-annual (Jun. 2024) data.

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

Wise Ally International Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Jun. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2023  Q: Jun. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=60.788/( ( (130.914 + max(109.978, 0)) + (121.686 + max(53.974, 0)) )/ 2 )
=60.788/( ( 240.892 + 175.66 )/ 2 )
=60.788/208.276
=29.19 %

where Working Capital is:

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(297.822 + 223.828 + 24.272) - (306.683 + 0 + 129.261)
=109.978

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(273.365 + 237.875 + 1.1368683772162E-13) - (457.266 + 0 + 0)
=53.974

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Jun. 2024) EBIT data.

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

Wise Ally International Holdings's Operating Margin % for the quarter that ended in Jun. 2024 is calculated as:

Operating Margin %=Operating Income (Q: Jun. 2024 )/Revenue (Q: Jun. 2024 )
=25.212/563.536
=4.47 %

* 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.


Wise Ally International Holdings Operating Income Related Terms

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Wise Ally International Holdings Business Description

Traded in Other Exchanges
N/A
Address
Enterprise Square Five, 38 Wang Chiu Road, Units 3203-3207, Tower 1, Kowloon Bay, Kowloon, Hong Kong, HKG
Wise Ally International Holdings Ltd is an electronics manufacturing services provider offering full turnkey solutions with a focus on consumer electronic products. Its services include design development and enhancement, provision of technical advice and engineering solutions, selection and procurement of materials, production, quality control, and logistics management. The company products include Printed Circuit Board Assembly(PCBAs), multifunctional modules, and finished electronic products, its medical products include Wearable Bio Senor, Oximeter and Heart Rate Sensors, and Fertility Hormones Testercompany's, etc. The company operates in the United States, the United Kingdom, Hong Kong, France, China, and Other countries.
Executives
Smartview Investments Limited 2101 Beneficial owner
Grandview Group Holdings Limited 2101 Beneficial owner
Smart Union Global Group Limited 2101 Beneficial owner
Chu Wai Cheong Wilson 2201 Interest of corporation controlled by you
Chu Wai Hang Raymond 2201 Interest of corporation controlled by you
Ng Ching Annetta 2202 Interest of your spouse
Tam Wai Yee Czarina 2202 Interest of your spouse

Wise Ally International Holdings Headlines

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