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PT Superior Prima Sukses Tbk (ISX:BLES) Operating Income : Rp Mil (TTM As of Dec. 2023)


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What is PT Superior Prima Sukses Tbk Operating Income?

PT Superior Prima Sukses Tbk's Operating Income for the six months ended in Dec. 2023 was Rp221,903 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. PT Superior Prima Sukses Tbk's Operating Income for the six months ended in Dec. 2023 was Rp221,903 Mil. PT Superior Prima Sukses Tbk's Revenue for the six months ended in Dec. 2023 was Rp1,363,134 Mil. Therefore, PT Superior Prima Sukses Tbk's Operating Margin % for the quarter that ended in Dec. 2023 was 16.28%.

PT Superior Prima Sukses Tbk's 5-Year average Growth Rate for Operating Margin % was 0.00% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. PT Superior Prima Sukses Tbk's annualized ROC % for the quarter that ended in Dec. 2023 was 15.32%. PT Superior Prima Sukses Tbk's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 23.42%.


PT Superior Prima Sukses Tbk Operating Income Historical Data

The historical data trend for PT Superior Prima Sukses Tbk'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.

PT Superior Prima Sukses Tbk Operating Income Chart

PT Superior Prima Sukses Tbk Annual Data
Trend Dec21 Dec22 Dec23
Operating Income
97,792.75 97,595.47 221,902.66

PT Superior Prima Sukses Tbk Semi-Annual Data
Dec21 Dec22 Dec23
Operating Income 97,792.75 97,595.47 221,902.66

PT Superior Prima Sukses Tbk 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.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Operating Income for the trailing twelve months (TTM) ended in Dec. 2023 was Rp 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.


PT Superior Prima Sukses Tbk  (ISX:BLES) Operating Income Explanation

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

PT Superior Prima Sukses Tbk's annualized ROC % for the quarter that ended in Dec. 2023 is calculated as:

ROC % (Q: Dec. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2022 ) + Invested Capital (Q: Dec. 2023 ))/ count )
=221902.658 * ( 1 - 21.62% )/( (989144.34 + 1281039.246)/ 2 )
=173927.3033404/1135091.793
=15.32 %

where

Invested Capital(Q: Dec. 2022 )
=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))
=1024105.628 - 159864.198 - ( 20644.088 - max(0, 304134.438 - 179231.528+20644.088))
=989144.34

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))
=1528735.512 - 240340.913 - ( 195244.042 - max(0, 365479.87 - 372835.223+195244.042))
=1281039.246

Note: The Operating Income data used here is one times the annual (Dec. 2023) data.

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

PT Superior Prima Sukses Tbk's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2022  Q: Dec. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=228547.401/( ( (822567.921 + max(-26066.292, 0)) + (1129458.903 + max(-81170.048, 0)) )/ 2 )
=228547.401/( ( 822567.921 + 1129458.903 )/ 2 )
=228547.401/976013.412
=23.42 %

where Working Capital is:

Working Capital(Q: Dec. 2022 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(82073.574 + 65603.368 + 8490.588) - (159864.198 + 0 + 22369.624)
=-26066.292

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(76199.964 + 78948.225 + 18279.981) - (240340.913 + 0 + 14257.305)
=-81170.048

When net working capital is negative, 0 is used.

Note: The EBIT data used here is one times the annual (Dec. 2023) EBIT data.

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

PT Superior Prima Sukses Tbk's Operating Margin % for the quarter that ended in Dec. 2023 is calculated as:

Operating Margin %=Operating Income (Q: Dec. 2023 )/Revenue (Q: Dec. 2023 )
=221902.658/1363133.591
=16.28 %

* 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.


PT Superior Prima Sukses Tbk Operating Income Related Terms

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PT Superior Prima Sukses Tbk Business Description

Traded in Other Exchanges
N/A
Address
Jalan Raya Kupang Baru No 27, Dukuh Kupang, Dukuh Pakis, East Java, Surabaya, IDN, 60225
PT Superior Prima Sukses Tbk is engaged in the lightweight brick manufacturing industry with the brands BLESSCON and SUPERIORE BLOCK. PT Superior Prima Sukses Tbk.

PT Superior Prima Sukses Tbk Headlines

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