GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » PT Citra Nusantara Gemilang Tbk (ISX:CGAS) » Definitions » Operating Income

PT Citra Nusantara Gemilang Tbk (ISX:CGAS) Operating Income : Rp8,102 Mil (TTM As of Jun. 2024)


View and export this data going back to 2024. Start your Free Trial

What is PT Citra Nusantara Gemilang Tbk Operating Income?

PT Citra Nusantara Gemilang Tbk's Operating Income for the six months ended in Jun. 2024 was Rp8,102 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Jun. 2024 was Rp8,102 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. PT Citra Nusantara Gemilang Tbk's Operating Income for the six months ended in Jun. 2024 was Rp8,102 Mil. PT Citra Nusantara Gemilang Tbk's Revenue for the six months ended in Jun. 2024 was Rp262,748 Mil. Therefore, PT Citra Nusantara Gemilang Tbk's Operating Margin % for the quarter that ended in Jun. 2024 was 3.08%.

PT Citra Nusantara Gemilang 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 Citra Nusantara Gemilang Tbk's annualized ROC % for the quarter that ended in Jun. 2024 was 7.06%. PT Citra Nusantara Gemilang Tbk's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 13.65%.


PT Citra Nusantara Gemilang Tbk Operating Income Historical Data

The historical data trend for PT Citra Nusantara Gemilang 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 Citra Nusantara Gemilang Tbk Operating Income Chart

PT Citra Nusantara Gemilang Tbk Annual Data
Trend Dec20 Dec21 Dec22
Operating Income
727.62 7,249.91 16,549.61

PT Citra Nusantara Gemilang Tbk Semi-Annual Data
Dec20 Dec21 Jun22 Dec22 Jun23 Jun24
Operating Income Get a 7-Day Free Trial - 8,838.12 7,711.49 4,662.43 8,101.88

PT Citra Nusantara Gemilang 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.

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 Rp8,102 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 Citra Nusantara Gemilang Tbk  (ISX:CGAS) Operating Income Explanation

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

PT Citra Nusantara Gemilang Tbk'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: Jun. 2023 ) + Invested Capital (Q: Jun. 2024 ))/ count )
=16203.762 * ( 1 - 19.98% )/( (141103.785 + 226218.047)/ 2 )
=12966.2503524/183660.916
=7.06 %

where

Invested Capital(Q: Jun. 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))
=188553.587 - 32525.797 - ( 14924.005 - max(0, 44963.35 - 72979.605+14924.005))
=141103.785

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))
=375566.771 - 54183.712 - ( 95165.012 - max(0, 74550.13 - 239282.072+95165.012))
=226218.047

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:

PT Citra Nusantara Gemilang Tbk'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: Jun. 2023  Q: Jun. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=18521.038/( ( (86776.409 + max(17207.796, 0)) + (84748.227 + max(82608.802, 0)) )/ 2 )
=18521.038/( ( 103984.205 + 167357.029 )/ 2 )
=18521.038/135670.617
=13.65 %

where Working Capital is:

Working Capital(Q: Jun. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(35348.359 + 6168.13 + 13356.171) - (32525.797 + 0 + 5139.067)
=17207.796

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(63948.367 + 5236.692 + 72724.69) - (54183.712 + 0 + 5117.235)
=82608.802

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 %:

PT Citra Nusantara Gemilang Tbk'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 )
=8101.881/262747.686
=3.08 %

* 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 Citra Nusantara Gemilang Tbk Operating Income Related Terms

Thank you for viewing the detailed overview of PT Citra Nusantara Gemilang Tbk's Operating Income provided by GuruFocus.com. Please click on the following links to see related term pages.


PT Citra Nusantara Gemilang Tbk Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Jalan Kalimalang No.126, Tegal Gede, Kelurahan Pasirsari, Kecamatan Cikarang Selatan, Kabupaten, Jawa Barat, Bekasi, IDN, 17530
PT Citra Nusantara Gemilang Tbk is engaged in natural gas trading and distribution. It focuses on developing compressed natural gas (CNG) in Indonesia through natural gas trading and distribution business activities using transportation modes to areas that are not yet reached by gas pipeline networks with stable gas pressure. This natural gas is used for industrial, transportation, housing, and private power plants that use gas as an energy source.

PT Citra Nusantara Gemilang Tbk Headlines

No Headlines