Spirit Scientific Co (ROCO:7790) Operating Income: NT$5.4 Mil (TTM As of Dec. 2025)

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ROCO:7790 Spirit Scientific Co Ltd ROCO:7790
21 GF Score
Price NT$48.20
! 2 Warning Signs
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What is Spirit Scientific Co Operating Income?

Spirit Scientific Co ROCO:7790 21 Operating Income is NT$5.4 Mil as of Dec. 2025. GuruFocus rates ROCO:7790 with a GF Score™ of 21/100. The stock has 2 warning signs investors should review.

Spirit Scientific Co's Operating Income for the three months ended in Dec. 2025 was NT$0.8 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2025 was NT$5.4 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Spirit Scientific Co's Operating Income for the three months ended in Dec. 2025 was NT$0.8 Mil. Spirit Scientific Co's Revenue for the three months ended in Dec. 2025 was NT$61.1 Mil. Therefore, Spirit Scientific Co's Operating Margin % for the quarter that ended in Dec. 2025 was 1.32%.

Spirit Scientific 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. Spirit Scientific Co's annualized ROC % for the quarter that ended in Dec. 2025 was 1.15%. Spirit Scientific Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 6.83%.

Spirit Scientific Co  (ROCO:7790) Operating Income Explanation

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

Spirit Scientific Co's annualized ROC % for the quarter that ended in Dec. 2025 is calculated as:

ROC % (Q: Dec. 2025 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2025 ) + Invested Capital (Q: Dec. 2025 ))/ count )
=3.22 * ( 1 - 42.16% )/( (163.392 + 160.735)/ 2 )
=1.862448/162.0635
=1.15 %

where

Invested Capital(Q: Sep. 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))
=499.633 - 52.005 - ( 296.097 - max(0, 71.15 - 355.386+296.097))
=163.392

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))
=500.454 - 53.526 - ( 305.37 - max(0, 76.066 - 362.259+305.37))
=160.735

Note: The Operating Income data used here is four times the quarterly (Dec. 2025) data.

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

Spirit Scientific Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2025 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2025  Q: Dec. 2025
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=8.268/( ( (124.683 + max(-6.044, 0)) + (117.261 + max(-10.315, 0)) )/ 2 )
=8.268/( ( 124.683 + 117.261 )/ 2 )
=8.268/120.972
=6.83 %

where Working Capital is:

Working Capital(Q: Sep. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(30.361 + 15.136 + 10.117) - (52.005 + 0 + 9.653)
=-6.044

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(31.28 + 14.566 + 10.417) - (53.526 + 0 + 13.052)
=-10.315

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Dec. 2025) EBIT data.

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

Spirit Scientific Co's Operating Margin % for the quarter that ended in Dec. 2025 is calculated as:

Operating Margin %=Operating Income (Q: Dec. 2025 )/Revenue (Q: Dec. 2025 )
=0.805/61.071
=1.32 %

* 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.

Spirit Scientific Co Operating Income Related Terms

Spirit Scientific Co Operating Income Historical Data

* Premium members only.

The historical data trend for Spirit Scientific 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.

Spirit Scientific Co Operating Income Chart

Spirit Scientific Co Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Operating Income
-9.55 7.40 9.19 7.94 22.32

Spirit Scientific Co Quarterly Data
Dec21 Dec22 Dec23 Jun24 Sep24 Dec24 Jun25 Sep25 Dec25
Operating Income Get a 7-Day Free Trial Premium Member Only -0.39 2.06 0.00 4.59 0.81
ROCO:7790
21GF Score
Spirit Scientific Co Ltd ROCO:7790
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
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Spirit Scientific 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. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was NT$5.4 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$5.4 Mil mean?
Spirit Scientific Co (ROCO:7790) has a Operating Income of NT$5.4 Mil as of Dec. 2025. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Spirit Scientific Co and its competitors.
Is Spirit Scientific Co's Operating Income too high?
Spirit Scientific Co's current Operating Income is NT$5.4 Mil. Overall, Spirit Scientific Co has a GF Score™ of 21/100, reflecting its overall financial health beyond just this single metric.
How does Spirit Scientific Co's Operating Income compare to VRTX and REGN?
Spirit Scientific Co's Operating Income of NT$5.4 Mil can be compared against companies in the Biotechnology 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 Biotechnology company?
A good Operating Income depends on the Biotechnology 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 Spirit Scientific Co and its competitors. Spirit Scientific Co's current Operating Income is NT$5.4 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Spirit Scientific Co stock overvalued right now?
Spirit Scientific Co (ROCO:7790) has a current Operating Income of NT$5.4 Mil. The current Operating Income is NT$5.4 Mil. Spirit Scientific Co's overall GF Score™ is 21/100 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 Spirit Scientific Co (ROCO:7790), the current Operating Income is NT$5.4 Mil as of Dec. 2025. 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.

Spirit Scientific Co Business Description

Address Xintai 5th Road, 19th Floor. No-12, No.93, Section 1, Xizhi District, New Taipei, TWN, 221
Spirit Scientific Co Ltd is engaged in precision regenerative medicine, specializing in platelet cryocrystallization technology and Bio Material Lyophilized Technology (BMLT). The company provides solutions for extracting high-concentration platelet growth factors, enabling safe, flexible, and long-term storage therapies. Spirit Biotech delivers cutting-edge autologous healing reagent preparation services, along with OEM and ODM models. With a focus on unmet medical needs, the company transforms patented technologies into scalable solutions, advancing the future of regenerative healthcare.
21GF Score

Get the complete analysis for ROCO:7790

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

NT$48.20
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