U-LEAM (ROCO:7915) Operating Income: NT$ Mil (TTM As of Dec. 2025)

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ROCO:7915 U-LEAM Inc ROCO:7915
18 GF Score
Price NT$401.00
! 1 Warning Sign
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What is U-LEAM Operating Income?

U-LEAM ROCO:7915 -1.23% 18 Operating Income is NT$ Mil as of Dec. 2025. GuruFocus rates ROCO:7915 with a GF Score™ of 18/100. The stock has 1 warning sign investors should review.

U-LEAM's Operating Income for the six months ended in Dec. 2025 was NT$234.0 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. U-LEAM's Operating Income for the six months ended in Dec. 2025 was NT$234.0 Mil. U-LEAM's Revenue for the six months ended in Dec. 2025 was NT$588.1 Mil. Therefore, U-LEAM's Operating Margin % for the quarter that ended in Dec. 2025 was 39.79%.

U-LEAM'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. U-LEAM's annualized ROC % for the quarter that ended in Dec. 2025 was 65.92%. U-LEAM's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 129.92%.


U-LEAM  (ROCO:7915) Operating Income Explanation

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

U-LEAM'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: Dec. 2024 ) + Invested Capital (Q: Dec. 2025 ))/ count )
=234.043 * ( 1 - 20.06% )/( (325.842 + 241.771)/ 2 )
=187.0939742/283.8065
=65.92 %

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))
=932.588 - 188.7 - ( 520.337 - max(0, 242.981 - 745.098+520.337))
=241.771

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

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

U-LEAM'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: Dec. 2024  Q: Dec. 2025
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=223.495/( ( (151.024 + max(15.884, 0)) + (177.154 + max(-22.393, 0)) )/ 2 )
=223.495/( ( 166.908 + 177.154 )/ 2 )
=223.495/172.031
=129.92 %

where Working Capital is:

Working Capital(Q: Dec. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(27.6 + 12.998 + 4.13) - (27.722 + 0 + 1.122)
=15.884

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(103.578 + 112.601 + 2.674) - (188.7 + 0 + 52.546)
=-22.393

When net working capital is negative, 0 is used.

Note: The EBIT data used here is one times the annual (Dec. 2025) EBIT data.

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

U-LEAM'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 )
=234.043/588.129
=39.79 %

* 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.


U-LEAM Operating Income Related Terms


U-LEAM Operating Income Historical Data

* Premium members only.

The historical data trend for U-LEAM'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.

U-LEAM Operating Income Chart

U-LEAM Annual Data
Trend Dec24 Dec25
Operating Income
-5.95 234.04

U-LEAM Semi-Annual Data
Dec24 Dec25
Operating Income -5.95 234.04
ROCO:7915
18GF Score
U-LEAM Inc ROCO:7915
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
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U-LEAM 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.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Operating Income for the trailing twelve months (TTM) ended in Dec. 2025 was NT$ 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$ Mil mean?
U-LEAM (ROCO:7915) has a Operating Income of NT$ Mil as of Dec. 2025. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on U-LEAM and its competitors.
Is U-LEAM's Operating Income too high?
U-LEAM's current Operating Income is NT$ Mil. Overall, U-LEAM has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does U-LEAM's Operating Income compare to APH and GLW?
U-LEAM's Operating Income of NT$ Mil can be compared against companies in the Hardware 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 Hardware company?
A good Operating Income depends on the Hardware 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 U-LEAM and its competitors. U-LEAM's current Operating Income is NT$ Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is U-LEAM stock overvalued right now?
U-LEAM (ROCO:7915) has a current Operating Income of NT$ Mil. The current Operating Income is NT$ Mil. U-LEAM's overall GF Score™ is 18/100 with 1 warning sign 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 U-LEAM (ROCO:7915), the current Operating Income is NT$ 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.

U-LEAM Business Description

Address No. 38, Lane 305, Sector 1, Xinnan Road, 4th Floor, Luzhu District, Taoyuan, TWN, 338023
U-LEAM Inc operates as a vertically integrated manufacturer, offering product development and manufacturing solutions across multiple market segments and applications. It specializes in custom interconnect solutions. It focuses on vertically integrated design, production, and supply of connectors, cable assemblies, wire harnesses, and high-performance systems for demanding applications.
18GF Score

Get the complete analysis for ROCO:7915

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

NT$401.00
Price