Petrolimex Petrochemical JSC (HSTC:PLC) Operating Income: ₫36,526 Mil (TTM As of Mar. 2026)


HSTC:PLC Petrolimex Petrochemical Corporation JSC HSTC:PLC
74 GF Score
Price ₫20,700.00
GF Value ₫30,143.95
Valuation Significantly Undervalued
! 5 Warning Signs
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What is Petrolimex Petrochemical JSC Operating Income?

Petrolimex Petrochemical JSC HSTC:PLC -0.48% 74 Operating Income is ₫36,526 Mil as of Mar. 2026. GuruFocus rates HSTC:PLC with a GF Score™ of 74/100 and a GF Value™ of ₫30,143.95 (Significantly Undervalued). The stock has 5 warning signs investors should review.

Petrolimex Petrochemical JSC's Operating Income for the three months ended in Mar. 2026 was ₫36,399 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was ₫36,526 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Petrolimex Petrochemical JSC's Operating Income for the three months ended in Mar. 2026 was ₫36,399 Mil. Petrolimex Petrochemical JSC's Revenue for the three months ended in Mar. 2026 was ₫1,884,676 Mil. Therefore, Petrolimex Petrochemical JSC's Operating Margin % for the quarter that ended in Mar. 2026 was 1.93%.

Warning Sign:

Petrolimex Petrochemical Corporation JSC operating margin has been in a 5-year decline. The average rate of decline per year is -16%.

Petrolimex Petrochemical JSC's 5-Year average Growth Rate for Operating Margin % was -16.00% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Petrolimex Petrochemical JSC's annualized ROC % for the quarter that ended in Mar. 2026 was 1.93%. Petrolimex Petrochemical JSC's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 10.24%.


Petrolimex Petrochemical JSC  (HSTC:PLC) Operating Income Explanation

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

Petrolimex Petrochemical JSC's annualized ROC % for the quarter that ended in Mar. 2026 is calculated as:

ROC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=145596.412 * ( 1 - 63.12% )/( (2889190.867 + 2681113.745)/ 2 )
=53695.9567456/2785152.306
=1.93 %

where

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))
=3935544.36 - 586894.761 - ( 1119625.957 - max(0, 2660854.552 - 3120313.284+1119625.957))
=2889190.867

Invested Capital(Q: Mar. 2026 )
=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))
=3674151.688 - 493627.456 - ( 911201.686 - max(0, 2381262.835 - 2880673.322+911201.686))
=2681113.745

Note: The Operating Income data used here is four times the quarterly (Mar. 2026) data.

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

Petrolimex Petrochemical JSC's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=220314.372/( ( (635346.849 + max(1639697.224, 0)) + (612391.01 + max(1415120.248, 0)) )/ 2 )
=220314.372/( ( 2275044.073 + 2027511.258 )/ 2 )
=220314.372/2151277.6655
=10.24 %

where Working Capital is:

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1186400.448 + 990085.72 + 95892.786) - (586894.761 + 0 + 45786.969)
=1639697.224

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(812427.062 + 1011896.827 + 128174.816) - (493627.456 + 0 + 43751.001)
=1415120.248

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

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

Petrolimex Petrochemical JSC's Operating Margin % for the quarter that ended in Mar. 2026 is calculated as:

Operating Margin %=Operating Income (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=36399.103/1884675.693
=1.93 %

* 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.


Petrolimex Petrochemical JSC Operating Income Related Terms


Petrolimex Petrochemical JSC Operating Income Historical Data

* Premium members only.

The historical data trend for Petrolimex Petrochemical JSC'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.

Petrolimex Petrochemical JSC Operating Income Chart

Petrolimex Petrochemical JSC Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Operating Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 205,452.20 337,877.51 221,248.60 140,184.07 121,463.41

Petrolimex Petrochemical JSC Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Sep25 Dec25 Mar26
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 60,194.91 43,829.01 51,799.38 -51,672.32 36,399.10
HSTC:PLC
74GF Score
Petrolimex Petrochemical Corporation JSC HSTC:PLC
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
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Petrolimex Petrochemical JSC 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 Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₫36,526 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 ₫36,526 Mil mean?
Petrolimex Petrochemical JSC (HSTC:PLC) has a Operating Income of ₫36,526 Mil as of Mar. 2026. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Petrolimex Petrochemical JSC and its competitors.
Is Petrolimex Petrochemical JSC's Operating Income too high?
Petrolimex Petrochemical JSC's current Operating Income is ₫36,526 Mil. Overall, Petrolimex Petrochemical JSC has a GF Score™ of 74/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Petrolimex Petrochemical JSC's Operating Income compare to LIN and SHW?
Petrolimex Petrochemical JSC's Operating Income of ₫36,526 Mil can be compared against companies in the Chemicals 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 Chemicals company?
A good Operating Income depends on the Chemicals 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 Petrolimex Petrochemical JSC and its competitors. Petrolimex Petrochemical JSC's current Operating Income is ₫36,526 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Petrolimex Petrochemical JSC stock overvalued right now?
Based on GuruFocus' analysis, Petrolimex Petrochemical JSC (HSTC:PLC) is currently considered Significantly Undervalued. The stock's GF Value™ is ₫30,143.95, compared to a current price of ₫20,700.00 — trading 31.3% below its estimated fair value. The current Operating Income is ₫36,526 Mil. Petrolimex Petrochemical JSC's overall GF Score™ is 74/100 with 5 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 Petrolimex Petrochemical JSC (HSTC:PLC), the current Operating Income is ₫36,526 Mil as of Mar. 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.

Is Petrolimex Petrochemical JSC (HSTC:PLC) Overvalued in 2026?

Based on GuruFocus' analysis, Petrolimex Petrochemical JSC stock appears to be undervalued. The current stock price of ₫20,700.00 is trading 31.3% below its estimated GF Value™ of ₫30,143.95. GuruFocus considers Petrolimex Petrochemical JSC to be Significantly Undervalued.

Key valuation signals for HSTC:PLC:

  • Operating Income: ₫36,526 Mil
  • GF Value™: ₫30,143.95 vs. price of ₫20,700.00 (31.3% below fair value)
  • GF Score™: 74/100 with 5 warning signs

No single metric tells the full story. See the HSTC:PLC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Petrolimex Petrochemical JSC Business Description

Address No.229 Tay Son Street, Dong Da District, Floors 18 & 19, Khuong Thuong Ward, Hanoi, VNM
Petrolimex Petrochemical Corporation JSC is principally engaged in trading, importing and exporting lubricants, asphalt, chemicals and other petroleum and gas-related products. It is also involved in the trading, importing and exporting materials and equipment specialized in petrochemicals. The company offers transportation services; warehouse leasing; blending, testing, consultancy, and petrochemical technical services. In addition, it provides Maritime supply services.
74GF Score

Get the complete analysis for HSTC:PLC

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

₫20,700.00
Price
₫30,143.95
GF Value