Sumwon Development Co (ROCO:4416) Operating Income: NT$1,159 Mil (TTM As of Jun. 2026)

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ROCO:4416 Sumwon Development Co Ltd ROCO:4416
22 GF Score
Price NT$12.45
! 4 Warning Signs
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What is Sumwon Development Co Operating Income?

Sumwon Development Co ROCO:4416 -1.97% 22 Operating Income is NT$1,159 Mil as of Jun. 2026. GuruFocus rates ROCO:4416 with a GF Score™ of 22/100. The stock has 4 warning signs investors should review.

Sumwon Development Co's Operating Income for the three months ended in Jun. 2026 was NT$828 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Jun. 2026 was NT$1,159 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Sumwon Development Co's Operating Income for the three months ended in Jun. 2026 was NT$828 Mil. Sumwon Development Co's Revenue for the three months ended in Jun. 2026 was NT$1,460 Mil. Therefore, Sumwon Development Co's Operating Margin % for the quarter that ended in Jun. 2026 was 56.71%.

Sumwon Development 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. Sumwon Development Co's annualized ROC % for the quarter that ended in Jun. 2026 was 26.76%. Sumwon Development Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 14.37%.


Sumwon Development Co  (ROCO:4416) Operating Income Explanation

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

Sumwon Development Co'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: Mar. 2026 ) + Invested Capital (Q: Jun. 2026 ))/ count )
=3310.744 * ( 1 - 0% )/( (12210.244 + 12534.441)/ 2 )
=3310.744/12372.3425
=26.76 %

where

Invested Capital(Q: Mar. 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))
=13385.22 - 115.114 - ( 1059.862 - max(0, 6079.597 - 10971.872+1059.862))
=12210.244

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))
=13457.244 - 119.574 - ( 803.229 - max(0, 6954.33 - 11522.42+803.229))
=12534.441

Note: The Operating Income data used here is four times the quarterly (Jun. 2026) data.

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

Sumwon Development Co'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: Mar. 2026  Q: Jun. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=1374.616/( ( (1.66 + max(9055.71, 0)) + (0.838 + max(10070.86, 0)) )/ 2 )
=1374.616/( ( 9057.37 + 10071.698 )/ 2 )
=1374.616/9564.534
=14.37 %

where Working Capital is:

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(130.886 + 8858.198 + 220.73) - (115.114 + 0 + 38.99)
=9055.71

Working Capital(Q: Jun. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1176.755 + 8871.277 + 231.192) - (119.574 + 0 + 88.79)
=10070.86

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Jun. 2026) EBIT data.

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

Sumwon Development Co'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 )
=827.686/1459.578
=56.71 %

* 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.


Sumwon Development Co Operating Income Related Terms


Sumwon Development Co Operating Income Historical Data

* Premium members only.

The historical data trend for Sumwon Development 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.

Sumwon Development Co Operating Income Chart

Sumwon Development 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 -38.02 0.34 27.54 56.96 0.00

Sumwon Development Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 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 131.17 32.47 0.00 298.81 827.69
ROCO:4416
22GF Score
Sumwon Development Co Ltd ROCO:4416
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
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Sumwon Development 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 Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was NT$1,159 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 NT$1,159 Mil mean?
Sumwon Development Co (ROCO:4416) has a Operating Income of NT$1,159 Mil as of Jun. 2026. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Sumwon Development Co and its competitors.
Is Sumwon Development Co's Operating Income too high?
Sumwon Development Co's current Operating Income is NT$1,159 Mil. Overall, Sumwon Development Co has a GF Score™ of 22/100, reflecting its overall financial health beyond just this single metric.
How does Sumwon Development Co's Operating Income compare to CBRE and BEKE?
Sumwon Development Co's Operating Income of NT$1,159 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 Sumwon Development Co and its competitors. Sumwon Development Co's current Operating Income is NT$1,159 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sumwon Development Co stock overvalued right now?
Sumwon Development Co (ROCO:4416) has a current Operating Income of NT$1,159 Mil. The current Operating Income is NT$1,159 Mil. Sumwon Development Co's overall GF Score™ is 22/100 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 Sumwon Development Co (ROCO:4416), the current Operating Income is NT$1,159 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.

Sumwon Development Co Business Description

Address No. 96, Section 2, Nanjing East Road, 8th Floor, National Financial Plaza, Taipei, TWN
Sumwon Development Co Ltd Formerly Shanyuan Co Ltd is engaged in the development, construction, and leasing of commercial, residential and industrial buildings, as well as the distribution of building materials. It also provides interior decoration design, engineering contract and import and export of decorative materials. The company's main business items have been entrusting construction factories to build commercial buildings, renting and selling national residences, and trading of related decoration materials.
22GF Score

Get the complete analysis for ROCO:4416

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

NT$12.45
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