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Te Chang's Operating Income for the
three
months ended in Jun. 2026 was NT$479 Mil.
Its Operating Income for the trailing twelve months (TTM) ended in Jun. 2026 was NT$1,775 Mil.
Operating Margin % is calculated as Operating Income divided by its Revenue. Te Chang's Operating Income for the
three
months ended in Jun. 2026 was NT$479 Mil. Te Chang's Revenue for the
three
months ended in Jun. 2026 was NT$2,943 Mil. Therefore, Te Chang's Operating Margin % for the quarter that ended in Jun. 2026 was 16.27%.
Good Sign:
Te Chang operating margin is expanding. Margin expansion is usually a good sign.
Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.
Te Chang's annualizedROC % for the quarter that ended in Jun. 2026 was 20.50%.
Te Chang's annualizedROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 197.61%.
* 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.
Te Chang Operating Income Related Terms
Te Chang Operating Income Historical Data
* Premium members only.
The historical data trend for Te Chang'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.
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$1,775 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.
What does a Operating Income of NT$1,775 Mil mean?
Te Chang (ROCO:5511) has a Operating Income of NT$1,775 Mil as of Jun. 2026. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Te Chang and its competitors.
Is Te Chang's Operating Income too high?
Te Chang's current Operating Income is NT$1,775 Mil. Overall, Te Chang has a GF Score™ of 96/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Te Chang's Operating Income compare to PWR and FIX?
Te Chang's Operating Income of NT$1,775 Mil can be compared against companies in the Construction 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 Construction company?
A good Operating Income depends on the Construction 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 Te Chang and its competitors. Te Chang's current Operating Income is NT$1,775 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Te Chang stock overvalued right now?
Based on GuruFocus' analysis, Te Chang (ROCO:5511) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$63.86, compared to a current price of NT$71.50 — trading 12% above its estimated fair value. The current Operating Income is NT$1,775 Mil. Te Chang's overall GF Score™ is 96/100 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 Te Chang (ROCO:5511), the current Operating Income is NT$1,775 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.
Is Te Chang (ROCO:5511) Overvalued in 2026?
Based on GuruFocus' analysis, Te Chang stock appears to be overvalued.
The current stock price of NT$71.50 is trading 12% above its estimated GF Value™ of NT$63.86.
GuruFocus considers Te Chang to be Modestly Overvalued.
Key valuation signals for ROCO:5511:
Operating Income: NT$1,775 Mil
GF Value™: NT$63.86 vs. price of NT$71.50 (12% above fair value)
No single metric tells the full story. See the ROCO:5511 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Te Chang main business operations include contracting for construction and civil engineering projects. The Group is engaged in the construction and real estate leasing business and is a single reportable segment. The company has presence in Taiwan, and Thailand. The company generates majority of revenue from Taiwan. The company's projects are Hospital Project, School Project, social housing, Factory building project, Commercial buildings, office building, civil Engineering, Other projects.
96GF Score
Get the complete analysis for ROCO:5511
Operating Income is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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