Aseana Properties (LSE:ASPL) Operating Income: $6.04 Mil (TTM As of Jun. 2026)

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LSE:ASPL Aseana Properties Ltd LSE:ASPL
8 GF Score
Price $0.07
GF Value $0.32
! 3 Warning Signs
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What is Aseana Properties Operating Income?

Aseana Properties LSE:ASPL 8 Operating Income is $6.04 Mil as of Jun. 2026. GuruFocus rates LSE:ASPL with a GF Score™ of 8/100 and a GF Value™ of $0.32. The stock has 3 warning signs investors should review.

Aseana Properties's Operating Income for the six months ended in Jun. 2026 was $0.19 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Jun. 2026 was $6.04 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Aseana Properties's Operating Income for the six months ended in Jun. 2026 was $0.19 Mil. Aseana Properties's Revenue for the six months ended in Jun. 2026 was $12.75 Mil. Therefore, Aseana Properties's Operating Margin % for the quarter that ended in Jun. 2026 was 1.51%.

Aseana Properties'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. Aseana Properties's annualized ROC % for the quarter that ended in Jun. 2026 was 0.31%. Aseana Properties's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was -1.75%.


Aseana Properties  (LSE:ASPL) Operating Income Explanation

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

Aseana Properties's annualized ROC % for the quarter that ended in Jun. 2026 is calculated as:

ROC % (Q: Jun. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2025 ) + Invested Capital (Q: Jun. 2026 ))/ count )
=0.38600000000012 * ( 1 - -0% )/( (122.32400000022 + 123.83700000038)/ 2 )
=0.38600000000012/123.0805000003
=0.31 %

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))
=128.51100000023 - 0 - ( 6.1870000000112 - max(0, 55.2150000001 - 71.952000000131+6.1870000000112))
=122.32400000022

Invested Capital(Q: Jun. 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))
=126.53800000039 - 0 - ( 2.7010000000083 - max(0, 52.622000000161 - 67.159000000206+2.7010000000083))
=123.83700000038

Note: The Operating Income data used here is two times the semi-annual (Jun. 2026) data.

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

Aseana Properties's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Jun. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Jun. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-1.1940000000004/( ( (56.531000000103 + max(9.954000000018, 0)) + (59.351000000182 + max(10.583000000032, 0)) )/ 2 )
=-1.1940000000004/( ( 66.485000000121 + 69.934000000214 )/ 2 )
=-1.1940000000004/68.209500000168
=-1.75 %

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)
=( + 63.164000000115 + ) - (0 + 0 + 53.210000000097)
=9.954000000018

Working Capital(Q: Jun. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=( + 61.012000000187 + ) - (0 + 0 + 50.429000000155)
=10.583000000032

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Jun. 2026) EBIT data.

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

Aseana Properties's Operating Margin % for the quarter that ended in Jun. 2026 is calculated as:

Operating Margin %=Operating Income (Q: Jun. 2026 )/Revenue (Q: Jun. 2026 )
=0.19300000000006/12.754000000004
=1.51 %

* 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.


Aseana Properties Operating Income Related Terms


Aseana Properties Operating Income Historical Data

* Premium members only.

The historical data trend for Aseana Properties'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.

Aseana Properties Operating Income Chart

Aseana Properties 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 -4.47 -17.21 -7.65 -4.43 1.81

Aseana Properties Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 Jun26
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 0.63 -5.61 -4.03 5.85 0.19
LSE:ASPL
8GF Score
Aseana Properties Ltd LSE:ASPL
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
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Aseana Properties 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. 2026 adds up the semi-annually data reported by the company within the most recent 12 months, which was $6.04 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 $6.04 Mil mean?
Aseana Properties (LSE:ASPL) has a Operating Income of $6.04 Mil as of Jun. 2026. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Aseana Properties and its competitors.
Is Aseana Properties' Operating Income too high?
Aseana Properties' current Operating Income is $6.04 Mil. Overall, Aseana Properties has a GF Score™ of 8/100, reflecting its overall financial health beyond just this single metric.
How does Aseana Properties' Operating Income compare to competitors?
Aseana Properties' Operating Income of $6.04 Mil can be compared against companies in the Real Estate 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 Real Estate company?
A good Operating Income depends on the Real Estate 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 Aseana Properties and its competitors. Aseana Properties's current Operating Income is $6.04 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aseana Properties stock overvalued right now?
Aseana Properties (LSE:ASPL) has a current Operating Income of $6.04 Mil. The stock's GF Value™ is $0.32, compared to a current price of $0.07 — trading 78.1% below its estimated fair value. The current Operating Income is $6.04 Mil. Aseana Properties' overall GF Score™ is 8/100 with 3 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 Aseana Properties (LSE:ASPL), the current Operating Income is $6.04 Mil as of Jun. 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 Aseana Properties (LSE:ASPL) Overvalued in 2026?

Based on GuruFocus' analysis, Aseana Properties stock appears to be undervalued. The current stock price of $0.07 is trading 78.1% below its estimated GF Value™ of $0.32.

Key valuation signals for LSE:ASPL:

  • Operating Income: $6.04 Mil
  • GF Value™: $0.32 vs. price of $0.07 (78.1% below fair value)
  • GF Score™: 8/100 with 3 warning signs

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


Aseana Properties Business Description

Address Old Street, 1st Floor, Osprey House, St. Helier, JEY, JE2 3RG
Aseana Properties Ltd, together with its subsidiaries, is focused on property development opportunities in Malaysia. The Group's principal business activities include developing upscale residential and hospitality projects in Malaysia, such as the RuMa Residence, Sandakan Harbour Mall, and Hotel, and the RuMa Hotel and Residences. Its reportable operating segments are identified based on business units as follows: Urban DNA Sdn. Bhd, which developed The RuMa Hotel and Residences, and generates maximum revenue; Amatir Resources Sdn. Bhd; ICSD Ventures Sdn. Bhd; Ireka Land Sdn. Bhd; and Investment Holding Companies. Geographically, the Group generates revenue from the sale of completed units in Malaysia.
8GF Score

Get the complete analysis for LSE:ASPL

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

$0.07
Price
$0.32
GF Value