LSIHF (Lai Sun Garment (International)) Operating Income: $-128.2 Mil (TTM As of Jan. 2026)

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LSIHF Lai Sun Garment (International) Ltd LSIHF
32 GF Score
Price $0.06
GF Value $0.06
! 4 Warning Signs
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What is Lai Sun Garment (International) Operating Income?

Lai Sun Garment (International) LSIHF 32 Operating Income is $-128.2 Mil as of Jan. 2026. GuruFocus rates LSIHF with a GF Score™ of 32/100 and a GF Value™ of $0.06. The stock has 4 warning signs investors should review.

Lai Sun Garment (International)'s Operating Income for the six months ended in Jan. 2026 was $-24.6 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Jan. 2026 was $-128.2 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Lai Sun Garment (International)'s Operating Income for the six months ended in Jan. 2026 was $-24.6 Mil. Lai Sun Garment (International)'s Revenue for the six months ended in Jan. 2026 was $337.7 Mil. Therefore, Lai Sun Garment (International)'s Operating Margin % for the quarter that ended in Jan. 2026 was -7.28%.

Good Sign:

Lai Sun Garment (International) Ltd operating margin is expanding. Margin expansion is usually a good sign.

Lai Sun Garment (International)'s 5-Year average Growth Rate for Operating Margin % was 10.10% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Lai Sun Garment (International)'s annualized ROC % for the quarter that ended in Jan. 2026 was -0.58%. Lai Sun Garment (International)'s annualized ROC (Joel Greenblatt) % for the quarter that ended in Jan. 2026 was -9.82%.


Lai Sun Garment (International)  (OTCPK:LSIHF) Operating Income Explanation

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

Lai Sun Garment (International)'s annualized ROC % for the quarter that ended in Jan. 2026 is calculated as:

ROC % (Q: Jan. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jul. 2025 ) + Invested Capital (Q: Jan. 2026 ))/ count )
=-49.154 * ( 1 - 0% )/( (8948.311 + 8136.149)/ 2 )
=-49.154/8542.23
=-0.58 %

where

Invested Capital(Q: Jul. 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))
=8538.861 - 281.035 - ( 407.842 - max(0, 2472.943 - 1782.458+407.842))
=8948.311

Invested Capital(Q: Jan. 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))
=8543.067 - 349.331 - ( 432.434 - max(0, 2093.521 - 2151.108+432.434))
=8136.149

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

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

Lai Sun Garment (International)'s annualized ROC (Joel Greenblatt) % for the quarter that ended in Jan. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Jan. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jul. 2025  Q: Jan. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-207.88/( ( (1140.005 + max(813.075, 0)) + (1131.008 + max(1151.729, 0)) )/ 2 )
=-207.88/( ( 1953.08 + 2282.737 )/ 2 )
=-207.88/2117.9085
=-9.82 %

where Working Capital is:

Working Capital(Q: Jul. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(46.633 + 1016.261 + 216.185) - (281.035 + 0 + 184.969)
=813.075

Working Capital(Q: Jan. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(55.085 + 962.742 + 578.829) - (349.331 + 0 + 95.596)
=1151.729

When net working capital is negative, 0 is used.

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

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

Lai Sun Garment (International)'s Operating Margin % for the quarter that ended in Jan. 2026 is calculated as:

Operating Margin %=Operating Income (Q: Jan. 2026 )/Revenue (Q: Jan. 2026 )
=-24.577/337.718
=-7.28 %

* 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.


Lai Sun Garment (International) Operating Income Related Terms


Lai Sun Garment (International) Operating Income Historical Data

* Premium members only.

The historical data trend for Lai Sun Garment (International)'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.

Lai Sun Garment (International) Operating Income Chart

Lai Sun Garment (International) Annual Data
Trend Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24 Jul25
Operating Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only -159.12 -215.36 -192.32 -77.52 -103.18

Lai Sun Garment (International) Semi-Annual Data
Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24 Jul24 Jan25 Jul25 Jan26
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 -7.52 -69.99 0.42 -103.60 -24.58
LSIHF
32GF Score
Lai Sun Garment (International) Ltd LSIHF
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
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Lai Sun Garment (International) 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 Jan. 2026 adds up the semi-annually data reported by the company within the most recent 12 months, which was $-128.2 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 $-128.2 Mil mean?
Lai Sun Garment (International) (LSIHF) has a Operating Income of $-128.2 Mil as of Jan. 2026. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Lai Sun Garment (International) and its competitors.
Is Lai Sun Garment (International)'s Operating Income too high?
Lai Sun Garment (International)'s current Operating Income is $-128.2 Mil. Overall, Lai Sun Garment (International) has a GF Score™ of 32/100, reflecting its overall financial health beyond just this single metric.
How does Lai Sun Garment (International)'s Operating Income compare to MMM and HON?
Lai Sun Garment (International)'s Operating Income of $-128.2 Mil can be compared against companies in the Conglomerates 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 Conglomerates company?
A good Operating Income depends on the Conglomerates 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 Lai Sun Garment (International) and its competitors. Lai Sun Garment (International)'s current Operating Income is $-128.2 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lai Sun Garment (International) stock overvalued right now?
Lai Sun Garment (International) (LSIHF) has a current Operating Income of $-128.2 Mil. The stock's GF Value™ is $0.06, compared to a current price of $0.06 — trading right at its estimated fair value. The current Operating Income is $-128.2 Mil. Lai Sun Garment (International)'s overall GF Score™ is 32/100 with 4 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 Lai Sun Garment (International) (LSIHF), the current Operating Income is $-128.2 Mil as of Jan. 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 Lai Sun Garment (International) (LSIHF) Overvalued in 2026?

Based on GuruFocus' analysis, Lai Sun Garment (International) stock appears to be undervalued. The current stock price of $0.06 is trading 0% below its estimated GF Value™ of $0.06.

Key valuation signals for LSIHF:

  • Operating Income: $-128.2 Mil
  • GF Value™: $0.06 vs. price of $0.06 (0% below fair value)
  • GF Score™: 32/100 with 4 warning signs

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


Lai Sun Garment (International) Business Description

Other Exchanges 00191:Hong Kong
Address 680 Cheung Sha Wan Road, 11th Floor, Lai Sun Commercial Centre, Kowloon, Hong Kong, HKG
Lai Sun Garment (International) Ltd is a real estate company. The company's principal activities include property development and investment in Hong Kong, Mainland China, and overseas as well as investment in and operation of hotels and restaurants and investment holding. The company operates through nine segments namely, Property development and sales; Property investment; Hotel operation; Restaurant and F&B product sales operations; Media and entertainment; Film and TV program segment; Cinema operation; Theme park operation, and Others. It generates the majority of its revenue from the Property development and sales segment. Geographically, the company derives maximum revenue from Hong Kong and the rest from Chinese Mainland and Macau, the United Kindom, Vietnam, and other regions.
32GF Score

Get the complete analysis for LSIHF

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

$0.06
Price
$0.06
GF Value