Walsin Lihwa (LUX:WLSRS) Operating Income: $-1 Mil (TTM As of Dec. 2025)

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LUX:WLSRS Walsin Lihwa Corp LUX:WLSRS
73 GF Score
Price $11.00
GF Value $9.64
! 12 Warning Signs
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What is Walsin Lihwa Operating Income?

Walsin Lihwa LUX:WLSRS 73 Operating Income is $-1 Mil as of Dec. 2025. GuruFocus rates LUX:WLSRS with a GF Score™ of 73/100 and a GF Value™ of $9.64. The stock has 12 warning signs investors should review.

Walsin Lihwa's Operating Income for the three months ended in Dec. 2025 was $-25 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2025 was $-1 Mil.

Warning Sign:

Walsin Lihwa Corp has recorded a loss in operating income at least once over the past 3 years.

Operating Margin % is calculated as Operating Income divided by its Revenue. Walsin Lihwa's Operating Income for the three months ended in Dec. 2025 was $-25 Mil. Walsin Lihwa's Revenue for the three months ended in Dec. 2025 was $1,335 Mil. Therefore, Walsin Lihwa's Operating Margin % for the quarter that ended in Dec. 2025 was -1.88%.

Warning Sign:

Walsin Lihwa Corp operating margin has been in a 5-year decline. The average rate of decline per year is -66.8%.

Walsin Lihwa's 5-Year average Growth Rate for Operating Margin % was -66.80% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Walsin Lihwa's annualized ROC % for the quarter that ended in Dec. 2025 was -1.21%. Walsin Lihwa's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 2.20%.


Walsin Lihwa  (LUX:WLSRS) Operating Income Explanation

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

Walsin Lihwa'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: Sep. 2025 ) + Invested Capital (Q: Dec. 2025 ))/ count )
=-100.596 * ( 1 - 0% )/( (8242.453 + 8402.688)/ 2 )
=-100.596/8322.5705
=-1.21 %

where

Invested Capital(Q: Sep. 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))
=9450.07 - 836.436 - ( 371.181 - max(0, 1352.4 - 2663.086+371.181))
=8242.453

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))
=9677.665 - 849.49 - ( 425.487 - max(0, 1693.635 - 2707.077+425.487))
=8402.688

Note: The Operating Income data used here is four times the quarterly (Dec. 2025) data.

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

Walsin Lihwa'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: Sep. 2025  Q: Dec. 2025
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=91.624/( ( (3036 + max(1111.135, 0)) + (3073.295 + max(1101.023, 0)) )/ 2 )
=91.624/( ( 4147.135 + 4174.318 )/ 2 )
=91.624/4160.7265
=2.20 %

where Working Capital is:

Working Capital(Q: Sep. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(517.661 + 1314.801 + 214.737) - (836.436 + 0 + 99.628)
=1111.135

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(499.029 + 1290.173 + 253.927) - (849.49 + 0 + 92.616)
=1101.023

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Dec. 2025) EBIT data.

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

Walsin Lihwa'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 )
=-25.149/1335.156
=-1.88 %

* 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.


Walsin Lihwa Operating Income Related Terms


Walsin Lihwa Operating Income Historical Data

* Premium members only.

The historical data trend for Walsin Lihwa'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.

Walsin Lihwa Operating Income Chart

Walsin Lihwa 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 480.95 309.89 196.35 70.02 0.60

Walsin Lihwa Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 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 0.94 28.81 16.80 -21.09 -25.15
LUX:WLSRS
73GF Score
Walsin Lihwa Corp LUX:WLSRS
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
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Walsin Lihwa 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 quarterly data reported by the company within the most recent 12 months, which was $-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 $-1 Mil mean?
Walsin Lihwa (LUX:WLSRS) has a Operating Income of $-1 Mil as of Dec. 2025. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Walsin Lihwa and its competitors.
Is Walsin Lihwa's Operating Income too high?
Walsin Lihwa's current Operating Income is $-1 Mil. Overall, Walsin Lihwa has a GF Score™ of 73/100, reflecting its overall financial health beyond just this single metric.
How does Walsin Lihwa's Operating Income compare to NUE and STLD?
Walsin Lihwa's Operating Income of $-1 Mil can be compared against companies in the Steel 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 Steel company?
A good Operating Income depends on the Steel 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 Walsin Lihwa and its competitors. Walsin Lihwa's current Operating Income is $-1 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Walsin Lihwa stock overvalued right now?
Walsin Lihwa (LUX:WLSRS) has a current Operating Income of $-1 Mil. The stock's GF Value™ is $9.64, compared to a current price of $11.00 — trading 14.1% above its estimated fair value. The current Operating Income is $-1 Mil. Walsin Lihwa's overall GF Score™ is 73/100 with 12 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 Walsin Lihwa (LUX:WLSRS), the current Operating Income is $-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 Walsin Lihwa (LUX:WLSRS) Overvalued in 2026?

Based on GuruFocus' analysis, Walsin Lihwa stock appears to be overvalued. The current stock price of $11.00 is trading 14.1% above its estimated GF Value™ of $9.64.

Key valuation signals for LUX:WLSRS:

  • Operating Income: $-1 Mil
  • GF Value™: $9.64 vs. price of $11.00 (14.1% above fair value)
  • GF Score™: 73/100 with 12 warning signs

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


Walsin Lihwa Business Description

Other Exchanges 1605:Taiwan
Address No. 1, Songzhi Road, 25th Floor, Taipei, TWN, 11047
Walsin Lihwa Corp is a producer of cables, steel, and wires. The company made various investments in construction, electronics, material science, real estate, etc. The company's segments are wires and cables; stainless stee;, resource business, and Administration and Investing. It derives maximum revenue from Stainless steel segment. The Stainless steel segment's main products include smelting, rolled stainless steel, carbon steel and precision alloy wire which are sold to industries involving construction components, crankshaft, machine tools, plumbing, heat exchanger, drainage, petrochemical and construction. Geographically, the company operates in USA, Asia, Europe, and other regions, of which Asia generates maximum revenue.
73GF Score

Get the complete analysis for LUX:WLSRS

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

$11.00
Price
$9.64
GF Value