High Power Lighting (ROCO:6559) Operating Income: NT$2.19 Mil (TTM As of Jun. 2026)

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ROCO:6559 High Power Lighting Corp ROCO:6559
59 GF Score
Price NT$15.05
GF Value NT$14.59
Valuation Fairly Valued
! 3 Warning Signs
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What is High Power Lighting Operating Income?

High Power Lighting ROCO:6559 +1.01% 59 Operating Income is NT$2.19 Mil as of Jun. 2026. GuruFocus rates ROCO:6559 with a GF Score™ of 59/100 and a GF Value™ of NT$14.59 (Fairly Valued). The stock has 3 warning signs investors should review.

High Power Lighting's Operating Income for the six months ended in Jun. 2026 was NT$1.18 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Jun. 2026 was NT$2.19 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. High Power Lighting's Operating Income for the six months ended in Jun. 2026 was NT$1.18 Mil. High Power Lighting's Revenue for the six months ended in Jun. 2026 was NT$50.35 Mil. Therefore, High Power Lighting's Operating Margin % for the quarter that ended in Jun. 2026 was 2.34%.

High Power Lighting'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. High Power Lighting's annualized ROC % for the quarter that ended in Jun. 2026 was 3.77%. High Power Lighting's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 22.20%.


High Power Lighting  (ROCO:6559) Operating Income Explanation

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

High Power Lighting'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: Dec. 2025 ) + Invested Capital (Q: Jun. 2026 ))/ count )
=2.354 * ( 1 - 0% )/( (63.428 + 61.494)/ 2 )
=2.354/62.461
=3.77 %

where

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))
=285.104 - 21.188 - ( 202.422 - max(0, 27.896 - 267.601+202.422))
=61.494

Note: The Operating Income data used here is two times the semi-annual (Jun. 2026) data.

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

High Power Lighting'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: Dec. 2025  Q: Jun. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=12.856/( ( (18.321 + max(39.435, 0)) + (14.766 + max(43.322, 0)) )/ 2 )
=12.856/( ( 57.756 + 58.088 )/ 2 )
=12.856/57.922
=22.20 %

where Working Capital is:

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(11.376 + 49.554 + 2.265) - (20.81 + 0 + 2.95)
=39.435

Working Capital(Q: Jun. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(17.489 + 45.857 + 1.833) - (21.188 + 0 + 0.669)
=43.322

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Jun. 2026) EBIT data.

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

High Power Lighting'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 )
=1.177/50.345
=2.34 %

* 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.


High Power Lighting Operating Income Related Terms


High Power Lighting Operating Income Historical Data

* Premium members only.

The historical data trend for High Power Lighting'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.

High Power Lighting Operating Income Chart

High Power Lighting 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 -7.53 -11.20 -16.33 -4.71 4.64

High Power Lighting Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 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 -4.39 -0.32 3.62 1.02 1.18
ROCO:6559
59GF Score
High Power Lighting Corp ROCO:6559
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
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High Power Lighting 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 semi-annually data reported by the company within the most recent 12 months, which was NT$2.19 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$2.19 Mil mean?
High Power Lighting (ROCO:6559) has a Operating Income of NT$2.19 Mil as of Jun. 2026. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on High Power Lighting and its competitors.
Is High Power Lighting's Operating Income too high?
High Power Lighting's current Operating Income is NT$2.19 Mil. Overall, High Power Lighting has a GF Score™ of 59/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does High Power Lighting's Operating Income compare to VRT and BE?
High Power Lighting's Operating Income of NT$2.19 Mil can be compared against companies in the Industrial Products 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 an Industrial Products company?
A good Operating Income depends on the Industrial Products 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 High Power Lighting and its competitors. High Power Lighting's current Operating Income is NT$2.19 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is High Power Lighting stock overvalued right now?
Based on GuruFocus' analysis, High Power Lighting (ROCO:6559) is currently considered Fairly Valued. The stock's GF Value™ is NT$14.59, compared to a current price of NT$15.05 — trading 3.2% above its estimated fair value. The current Operating Income is NT$2.19 Mil. High Power Lighting's overall GF Score™ is 59/100 with 3 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 High Power Lighting (ROCO:6559), the current Operating Income is NT$2.19 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 High Power Lighting (ROCO:6559) Overvalued in 2026?

Based on GuruFocus' analysis, High Power Lighting stock appears to be overvalued. The current stock price of NT$15.05 is trading 3.2% above its estimated GF Value™ of NT$14.59. GuruFocus considers High Power Lighting to be Fairly Valued.

Key valuation signals for ROCO:6559:

  • Operating Income: NT$2.19 Mil
  • GF Value™: NT$14.59 vs. price of NT$15.05 (3.2% above fair value)
  • GF Score™: 59/100 with 3 warning signs

No single metric tells the full story. See the ROCO:6559 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


High Power Lighting Business Description

Address Number 173-8, Yongfeng Road, 2nd Floor, Tu Cheng District, New Taipei City, Taipei, TWN, 236
High Power Lighting Corp is involved in packaging, manufacturing, and designing of LED products. The company offers LED Lighting, Specialty UV, and IR Lighting & Plant-Growth Lighting.
59GF Score

Get the complete analysis for ROCO:6559

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

NT$15.05
Price
NT$14.59
GF Value