Richmond International Travel & Tours Co (ROCO:2743) Operating Income : NT$416 Mil (TTM As of Dec. 2024)

View and export this data going back to 2015. Start your Free Trial

What is Richmond International Travel & Tours Co Operating Income?

Richmond International Travel & Tours Co's Operating Income for the three months ended in Dec. 2024 was NT$72 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2024 was NT$416 Mil.

Warning Sign:

Richmond International Travel & Tours Co Ltd 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. Richmond International Travel & Tours Co's Operating Income for the three months ended in Dec. 2024 was NT$72 Mil. Richmond International Travel & Tours Co's Revenue for the three months ended in Dec. 2024 was NT$1,611 Mil. Therefore, Richmond International Travel & Tours Co's Operating Margin % for the quarter that ended in Dec. 2024 was 4.46%.

Richmond International Travel & Tours Co'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. Richmond International Travel & Tours Co's annualized ROC % for the quarter that ended in Dec. 2024 was 11.21%. Richmond International Travel & Tours Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was 41.28%.

Richmond International Travel & Tours Co Operating Income Historical Data

The historical data trend for Richmond International Travel & Tours 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.

* Premium members only.

Richmond International Travel & Tours Co Operating Income Chart

Richmond International Travel & Tours Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Operating Income

Get a 7-Day Free Trial

-90.77

-90.15

-61.00

402.02

416.01

Richmond International Travel & Tours Co Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Operating Income	Get a 7-Day Free Trial															136.64	224.47	75.59	44.18	71.76

Richmond International Travel & Tours 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was NT$416 Mil.

Richmond International Travel & Tours Co (ROCO:2743) Operating Income Explanation

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

Richmond International Travel & Tours Co's annualized ROC % for the quarter that ended in Dec. 2024 is calculated as:

	ROC % (Q: Dec. 2024 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Sep. 2024 )	+	Invested Capital (Q: Dec. 2024 ))	/ count )
=	287.056 * ( 1 - 7.1% )	/	( (2397.551	+	2358.247)	/ 2 )
=	266.675024	/	2377.899
=	11.21 %

where

	Invested Capital		(Q: Sep. 2024 )
=	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	))
=	2998.949	-	268.958	-	( 1055.269	-	max(0, 1935.646	-	2268.086	+	1055.269	))
=	2397.551

	Invested Capital		(Q: Dec. 2024 )
=	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	))
=	2957.61	-	285.676	-	( 1079.87	-	max(0, 1876.958	-	2190.645	+	1079.87	))
=	2358.247

Note: The Operating Income data used here is four times the quarterly (Dec. 2024) data.

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

Richmond International Travel & Tours Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2024 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Dec. 2024 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Sep. 2024		Q: Dec. 2024
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	122.664	/	( ( (285.86 + max(-373.122, 0))	+	(308.422 + max(-510.609, 0)) )	/	2 )
=	122.664	/	( ( 285.86	+	308.422 )	/	2 )
=	122.664	/	297.141
=	41.28 %

where Working Capital is:

	Working Capital		(Q: Sep. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(97.94	+	0	+	904.125)	-	(268.958	+	0	+	1106.229)
=	-373.122

	Working Capital		(Q: Dec. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(43.465	+	0	+	833.957)	-	(285.676	+	0	+	1102.355)
=	-510.609

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Dec. 2024) EBIT data.

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

Richmond International Travel & Tours Co's Operating Margin % for the quarter that ended in Dec. 2024 is calculated as:

Operating Margin %	=	Operating Income (Q: Dec. 2024 )	/	Revenue (Q: Dec. 2024 )
	=	71.764	/	1610.56
	=	4.46 %

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.

Richmond International Travel & Tours Co Operating Income Related Terms

Thank you for viewing the detailed overview of Richmond International Travel & Tours Co's Operating Income provided by GuruFocus.com. Please click on the following links to see related term pages.

Richmond International Travel & Tours Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Richmond International Travel & Tours Co Ltd (ROCO:2743) » Definitions » Operating Income

Comparable Companies

Traded in Other Exchanges

N/A

Address

Number 85 and 87, Section 2, Nanjing East Road, 4th Floor, Zhongshan District, Taipei, TWN

Website

http://www.travel4u.com.tw

Richmond International Travel & Tours Co Ltd is involved in providing travel services in Taiwan. It offers domestic, foreign, outbound, inbound group travel, corporate travel, conference participation, high-speed rail holiday agents, international cruises and other comprehensive products.

Richmond International Travel & Tours Co Headlines

No Headlines