PHKIF (Poly Property Group Co) Operating Income: $614 Mil (TTM As of Dec. 2025)

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PHKIF Poly Property Group Co Ltd PHKIF
73 GF Score
Price $0.22
GF Value $0.28
! 4 Warning Signs
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What is Poly Property Group Co Operating Income?

Poly Property Group Co PHKIF 73 Operating Income is $614 Mil as of Dec. 2025. GuruFocus rates PHKIF with a GF Score™ of 73/100 and a GF Value™ of $0.28. The stock has 4 warning signs investors should review.

Poly Property Group Co's Operating Income for the six months ended in Dec. 2025 was $371 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2025 was $614 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Poly Property Group Co's Operating Income for the six months ended in Dec. 2025 was $371 Mil. Poly Property Group Co's Revenue for the six months ended in Dec. 2025 was $4,251 Mil. Therefore, Poly Property Group Co's Operating Margin % for the quarter that ended in Dec. 2025 was 8.74%.

Warning Sign:

Poly Property Group Co Ltd operating margin has been in a 5-year decline. The average rate of decline per year is -21.4%.

Poly Property Group Co's 5-Year average Growth Rate for Operating Margin % was -21.40% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Poly Property Group Co's annualized ROC % for the quarter that ended in Dec. 2025 was 1.12%. Poly Property Group Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 6.64%.


Poly Property Group Co  (OTCPK:PHKIF) Operating Income Explanation

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

Poly Property Group Co'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 )
=742.714 * ( 1 - 73.82% )/( (17968.756 + 16830.427)/ 2 )
=194.4425252/17399.5915
=1.12 %

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))
=26948.719 - 5038.023 - ( 3941.94 - max(0, 13180.069 - 24097.474+3941.94))
=17968.756

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))
=25812.111 - 4569.515 - ( 4412.169 - max(0, 11224.933 - 22883.737+4412.169))
=16830.427

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:

Poly Property Group Co'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 )
=554.598/( ( (537.685 + max(7392.958, 0)) + (534.948 + max(8234.85, 0)) )/ 2 )
=554.598/( ( 7930.643 + 8769.798 )/ 2 )
=554.598/8350.2205
=6.64 %

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)
=(73.852 + 17375.593 + 688.741) - (5038.023 + 0 + 5707.205)
=7392.958

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(110.204 + 15986.857 + 974.067) - (4569.515 + 0 + 4266.763)
=8234.85

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 %:

Poly Property Group Co'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 )
=371.357/4250.549
=8.74 %

* 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.


Poly Property Group Co Operating Income Related Terms


Poly Property Group Co Operating Income Historical Data

* Premium members only.

The historical data trend for Poly Property Group Co'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.

Poly Property Group Co Operating Income Chart

Poly Property Group Co 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 1,165.51 1,181.88 747.89 481.00 619.18

Poly Property Group Co 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 366.02 112.20 369.21 243.09 371.36
PHKIF
73GF Score
Poly Property Group Co Ltd PHKIF
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
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Poly Property Group Co 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 $614 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 $614 Mil mean?
Poly Property Group Co (PHKIF) has a Operating Income of $614 Mil as of Dec. 2025. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Poly Property Group Co and its competitors.
Is Poly Property Group Co's Operating Income too high?
Poly Property Group Co's current Operating Income is $614 Mil. Overall, Poly Property Group Co has a GF Score™ of 73/100, reflecting its overall financial health beyond just this single metric.
How does Poly Property Group Co's Operating Income compare to competitors?
Poly Property Group Co's Operating Income of $614 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 Poly Property Group Co and its competitors. Poly Property Group Co's current Operating Income is $614 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Poly Property Group Co stock overvalued right now?
Poly Property Group Co (PHKIF) has a current Operating Income of $614 Mil. The stock's GF Value™ is $0.28, compared to a current price of $0.22 — trading 22.3% below its estimated fair value. The current Operating Income is $614 Mil. Poly Property Group Co's overall GF Score™ is 73/100 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 Poly Property Group Co (PHKIF), the current Operating Income is $614 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 Poly Property Group Co (PHKIF) Overvalued in 2026?

Based on GuruFocus' analysis, Poly Property Group Co stock appears to be undervalued. The current stock price of $0.22 is trading 22.3% below its estimated GF Value™ of $0.28.

Key valuation signals for PHKIF:

  • Operating Income: $614 Mil
  • GF Value™: $0.28 vs. price of $0.22 (22.3% below fair value)
  • GF Score™: 73/100 with 4 warning signs

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


Poly Property Group Co Business Description

Other Exchanges 00119:Hong Kong
Address 18 Harcourt Road, Room 2503, Admiralty Centre, Tower 1, Hong Kong, HKG
Poly Property Group Co Ltd is a real estate company. The company is organized into four segments: Property Development business, Property Investment and Management, Hotel Operations, and Other operations. The Property Development business is engaged in property development, and it generates the majority of the company's revenues. The Property Investment and Management segment is engaged in property investment and management. The Hotel Operations segment is involved in hotel and restaurant businesses, and the Other Operations segment is engaged in the manufacture and sale of digital discs and other products.
73GF Score

Get the complete analysis for PHKIF

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

$0.22
Price
$0.28
GF Value