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PT Surya Pertiwi Tbk (ISX:SPTO) Operating Income : Rp372,434 Mil (TTM As of Dec. 2024)


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What is PT Surya Pertiwi Tbk Operating Income?

PT Surya Pertiwi Tbk's Operating Income for the three months ended in Dec. 2024 was Rp109,712 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2024 was Rp372,434 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. PT Surya Pertiwi Tbk's Operating Income for the three months ended in Dec. 2024 was Rp109,712 Mil. PT Surya Pertiwi Tbk's Revenue for the three months ended in Dec. 2024 was Rp806,426 Mil. Therefore, PT Surya Pertiwi Tbk's Operating Margin % for the quarter that ended in Dec. 2024 was 13.60%.

Good Sign:

PT Surya Pertiwi Tbk operating margin is expanding. Margin expansion is usually a good sign.

PT Surya Pertiwi Tbk's 5-Year average Growth Rate for Operating Margin % was 18.10% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. PT Surya Pertiwi Tbk's annualized ROC % for the quarter that ended in Dec. 2024 was 14.91%. PT Surya Pertiwi Tbk's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was 31.10%.


PT Surya Pertiwi Tbk Operating Income Historical Data

The historical data trend for PT Surya Pertiwi 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 Surya Pertiwi Tbk Operating Income Chart

PT Surya Pertiwi Tbk Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Operating Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 174,139.51 270,400.29 293,768.01 310,513.64 372,434.33

PT Surya Pertiwi Tbk Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 100,601.53 75,696.91 79,634.27 107,390.79 109,712.37

PT Surya Pertiwi 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 Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was Rp372,434 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 Surya Pertiwi Tbk  (ISX:SPTO) Operating Income Explanation

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

PT Surya Pertiwi Tbk's annualized ROC % for the quarter that ended in Dec. 2024 is calculated as:

ROC % (Q: Dec. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2024 ) + Invested Capital (Q: Dec. 2024 ))/ count )
=438849.472 * ( 1 - 12.27% )/( (2565479.661 + 2598232.473)/ 2 )
=385002.6417856/2581856.067
=14.91 %

where

Invested Capital(Q: Sep. 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))
=3469394.961 - 549664.007 - ( 354251.293 - max(0, 866743.326 - 1525639.793+354251.293))
=2565479.661

Invested Capital(Q: Dec. 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))
=3415593.682 - 574453.162 - ( 242908.047 - max(0, 825475.646 - 1411495.643+242908.047))
=2598232.473

Note: The Operating Income data used here is four times the quarterly (Dec. 2024) data.

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

PT Surya Pertiwi Tbk's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2024  Q: Dec. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=476031.804/( ( (1083578.795 + max(409079.893, 0)) + (1141354.18 + max(427507.523, 0)) )/ 2 )
=476031.804/( ( 1492658.688 + 1568861.703 )/ 2 )
=476031.804/1530760.1955
=31.10 %

where Working Capital is:

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(532183.391 + 601158.177 + 31271.243) - (549664.007 + 0 + 205868.911)
=409079.893

Working Capital(Q: Dec. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(587767.077 + 559525.137 + 17021.687) - (574453.162 + 0 + 162353.216)
=427507.523

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Dec. 2024) EBIT data.

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

PT Surya Pertiwi Tbk's Operating Margin % for the quarter that ended in Dec. 2024 is calculated as:

Operating Margin %=Operating Income (Q: Dec. 2024 )/Revenue (Q: Dec. 2024 )
=109712.368/806425.639
=13.60 %

* 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 Surya Pertiwi Tbk Operating Income Related Terms

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PT Surya Pertiwi Tbk Business Description

Traded in Other Exchanges
N/A
Address
Jalan Letjen S. Parman Kav. 81, Wisma 81 TOTO Office Building, Jakarta Barat, Jakarta, IDN, 11420
PT Surya Pertiwi Tbk specializes in distributing building materials, primarily focusing on bathroom and kitchen products across Indonesia. The company categorizes its operational activities into four segments: sanitary wares, fittings, kitchen products, and other related items. The four segments include Nine brands that are distributed by the Company, namely TOTO, Villeroy & Boch, Geberit, Stiebel Eltron, Franke, Kaldewei, Eco, Jacuzzi, and W.Atelier.

PT Surya Pertiwi Tbk Headlines

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