GrandTech Cloud Services (ROCO:7747) Operating Income: NT$127 Mil (TTM As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

ROCO:7747 GrandTech Cloud Services Inc ROCO:7747
19 GF Score
Price NT$115.00
! 2 Warning Signs
View Full Analysis

What is GrandTech Cloud Services Operating Income?

GrandTech Cloud Services ROCO:7747 -0.86% 19 Operating Income is NT$127 Mil as of Mar. 2026. GuruFocus rates ROCO:7747 with a GF Score™ of 19/100. The stock has 2 warning signs investors should review.

GrandTech Cloud Services's Operating Income for the three months ended in Mar. 2026 was NT$41 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was NT$127 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. GrandTech Cloud Services's Operating Income for the three months ended in Mar. 2026 was NT$41 Mil. GrandTech Cloud Services's Revenue for the three months ended in Mar. 2026 was NT$440 Mil. Therefore, GrandTech Cloud Services's Operating Margin % for the quarter that ended in Mar. 2026 was 9.40%.

GrandTech Cloud Services'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. GrandTech Cloud Services's annualized ROC % for the quarter that ended in Mar. 2026 was 59.87%. GrandTech Cloud Services's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 186.92%.


GrandTech Cloud Services  (ROCO:7747) Operating Income Explanation

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

GrandTech Cloud Services's annualized ROC % for the quarter that ended in Mar. 2026 is calculated as:

ROC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=165.268 * ( 1 - 20.38% )/( (287.788 + 151.773)/ 2 )
=131.5863816/219.7805
=59.87 %

where

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))
=1296.763 - 256.827 - ( 752.148 - max(0, 273.862 - 1203.343+752.148))
=287.788

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))
=1399.526 - 413.791 - ( 833.962 - max(0, 431.613 - 1294.024+833.962))
=151.773

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

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

GrandTech Cloud Services's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=202.108/( ( (7.999 + max(175.796, 0)) + (6.867 + max(25.585, 0)) )/ 2 )
=202.108/( ( 183.795 + 32.452 )/ 2 )
=202.108/108.1235
=186.92 %

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)
=(273.054 + 9.577 + 165.191) - (256.827 + 0 + 15.199)
=175.796

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(277.535 + 17.864 + 160.172) - (413.791 + 0 + 16.195)
=25.585

When net working capital is negative, 0 is used.

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

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

GrandTech Cloud Services's Operating Margin % for the quarter that ended in Mar. 2026 is calculated as:

Operating Margin %=Operating Income (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=41.317/439.513
=9.40 %

* 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.


GrandTech Cloud Services Operating Income Related Terms


GrandTech Cloud Services Operating Income Historical Data

* Premium members only.

The historical data trend for GrandTech Cloud Services'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.

GrandTech Cloud Services Operating Income Chart

GrandTech Cloud Services Annual Data
Trend Dec22 Dec23 Dec24 Dec25
Operating Income
81.15 87.42 120.44 122.68

GrandTech Cloud Services Quarterly Data
Dec22 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Operating Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 36.98 30.03 25.42 30.61 41.32
ROCO:7747
19GF Score
GrandTech Cloud Services Inc ROCO:7747
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

GrandTech Cloud Services 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 Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was NT$127 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$127 Mil mean?
GrandTech Cloud Services (ROCO:7747) has a Operating Income of NT$127 Mil as of Mar. 2026. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on GrandTech Cloud Services and its competitors.
Is GrandTech Cloud Services' Operating Income too high?
GrandTech Cloud Services' current Operating Income is NT$127 Mil. Overall, GrandTech Cloud Services has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does GrandTech Cloud Services' Operating Income compare to MSFT and ORCL?
GrandTech Cloud Services' Operating Income of NT$127 Mil can be compared against companies in the Software 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 Software company?
A good Operating Income depends on the Software 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 GrandTech Cloud Services and its competitors. GrandTech Cloud Services's current Operating Income is NT$127 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GrandTech Cloud Services stock overvalued right now?
GrandTech Cloud Services (ROCO:7747) has a current Operating Income of NT$127 Mil. The current Operating Income is NT$127 Mil. GrandTech Cloud Services' overall GF Score™ is 19/100 with 2 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 GrandTech Cloud Services (ROCO:7747), the current Operating Income is NT$127 Mil as of Mar. 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.

GrandTech Cloud Services Business Description

Address Lane 76, Ruiguang Road, 2nd Floor, No.33, Neihu District, Taipei, TWN, 114
GrandTech Cloud Services Inc operates as a public cloud service provider. Its main business activities include providing customers with a one-stop cross- cloud service platform, cloud integration, professional services in technical and management consulting, as well a system design, planning, sale, installation services, and maintenance of both software and network security products. It operates in three segments the Taiwan region, the Hong Kong and Macau region, and the Japan region. The Taiwan region engages in network cloud management services, software agency sales, and the sale of electronic materials and equipment; the Hong Kong and Macau region and the Japan region engages in network cloud management services and software agency sales. Majority of the revenue is derived from Taiwan.
19GF Score

Get the complete analysis for ROCO:7747

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

NT$115.00
Price