JNBBY (JNBY Design) Operating Income: $180.1 Mil (TTM As of Dec. 2025)

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JNBBY JNBY Design Ltd JNBBY
97 GF Score
Price $8.86
GF Value $7.95
! 1 Warning Sign
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What is JNBY Design Operating Income?

JNBY Design JNBBY 97 Operating Income is $180.1 Mil as of Dec. 2025. GuruFocus rates JNBBY with a GF Score™ of 97/100 and a GF Value™ of $7.95. The stock has 1 warning sign investors should review.

JNBY Design's Operating Income for the six months ended in Dec. 2025 was $126.5 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2025 was $180.1 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. JNBY Design's Operating Income for the six months ended in Dec. 2025 was $126.5 Mil. JNBY Design's Revenue for the six months ended in Dec. 2025 was $479.3 Mil. Therefore, JNBY Design's Operating Margin % for the quarter that ended in Dec. 2025 was 26.39%.

Good Sign:

JNBY Design Ltd operating margin is expanding. Margin expansion is usually a good sign.

JNBY Design's 5-Year average Growth Rate for Operating Margin % was 5.40% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. JNBY Design's annualized ROC % for the quarter that ended in Dec. 2025 was 38.13%. JNBY Design's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 158.36%.


JNBY Design  (OTCPK:JNBBY) Operating Income Explanation

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

JNBY Design's annualized ROC % for the quarter that ended in Dec. 2025 is calculated as:

ROC % (Q: Dec. 2025 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2025 ) + Invested Capital (Q: Dec. 2025 ))/ count )
=253.022 * ( 1 - 27.51% )/( (431.698 + 530.241)/ 2 )
=183.4156478/480.9695
=38.13 %

where

Invested Capital(Q: Jun. 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))
=630.665 - 59.225 - ( 146.548 - max(0, 245.048 - 384.79+146.548))
=431.698

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))
=745.108 - 74.193 - ( 222.635 - max(0, 312.578 - 453.252+222.635))
=530.241

Note: The Operating Income data used here is two times the semi-annual (Dec. 2025) data.

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

JNBY Design's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2025 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2025  Q: Dec. 2025
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=268.836/( ( (145.677 + max(1.877, 0)) + (191.967 + max(-55.668, 0)) )/ 2 )
=268.836/( ( 147.554 + 191.967 )/ 2 )
=268.836/169.7605
=158.36 %

where Working Capital is:

Working Capital(Q: Jun. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(17.53 + 129.875 + 71.902) - (59.225 + 0 + 158.205)
=1.877

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(31.373 + 144.858 + 31.176) - (74.193 + 0 + 188.882)
=-55.668

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Dec. 2025) EBIT data.

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

JNBY Design's Operating Margin % for the quarter that ended in Dec. 2025 is calculated as:

Operating Margin %=Operating Income (Q: Dec. 2025 )/Revenue (Q: Dec. 2025 )
=126.511/479.307
=26.39 %

* 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.


JNBY Design Operating Income Related Terms


JNBY Design Operating Income Historical Data

* Premium members only.

The historical data trend for JNBY Design'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.

JNBY Design Operating Income Chart

JNBY Design Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Operating Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 136.09 114.16 117.47 164.97 168.55

JNBY Design Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 112.29 54.45 113.37 53.60 126.51
JNBBY
97GF Score
JNBY Design Ltd JNBBY
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
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JNBY Design 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. 2025 adds up the semi-annually data reported by the company within the most recent 12 months, which was $180.1 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 $180.1 Mil mean?
JNBY Design (JNBBY) has a Operating Income of $180.1 Mil as of Dec. 2025. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on JNBY Design and its competitors.
Is JNBY Design's Operating Income too high?
JNBY Design's current Operating Income is $180.1 Mil. Overall, JNBY Design has a GF Score™ of 97/100, reflecting its overall financial health beyond just this single metric.
How does JNBY Design's Operating Income compare to RL and LEVI?
JNBY Design's Operating Income of $180.1 Mil can be compared against companies in the Manufacturing - Apparel & Accessories 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 Manufacturing - Apparel & Accessories company?
A good Operating Income depends on the Manufacturing - Apparel & Accessories 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 JNBY Design and its competitors. JNBY Design's current Operating Income is $180.1 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is JNBY Design stock overvalued right now?
JNBY Design (JNBBY) has a current Operating Income of $180.1 Mil. The stock's GF Value™ is $7.95, compared to a current price of $8.86 — trading 11.4% above its estimated fair value. The current Operating Income is $180.1 Mil. JNBY Design's overall GF Score™ is 97/100 with 1 warning sign 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 JNBY Design (JNBBY), the current Operating Income is $180.1 Mil as of Dec. 2025. 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 JNBY Design (JNBBY) Overvalued in 2026?

Based on GuruFocus' analysis, JNBY Design stock appears to be overvalued. The current stock price of $8.86 is trading 11.4% above its estimated GF Value™ of $7.95.

Key valuation signals for JNBBY:

  • Operating Income: $180.1 Mil
  • GF Value™: $7.95 vs. price of $8.86 (11.4% above fair value)
  • GF Score™: 97/100 with 1 warning sign

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


JNBY Design Business Description

Other Exchanges 03306:Hong Kong
Address No. 398 Tianmushan Road, Building 2-6, OELi, Xihu District, Zhejiang Province, Hangzhou, CHN
JNBY Design Ltd is a designer brand fashion house based in China. The company designs, promotes, and sells contemporary apparel, footwear, and accessories for women, men, children, and teenagers, as well as household products. Its brand portfolio comprises JNBY, CROQUIS, JNBY by JNBY, POMME DE TERRE, and JNBYHOME. The company operates in three segments: Mature Brand, Younger brands, and Emerging brands. Geographically, it generates the majority of the revenue from Mainland China and also from the Mature Brand segment.
97GF Score

Get the complete analysis for JNBBY

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

$8.86
Price
$7.95
GF Value