SENGF (SINOPEC Engineering (Group) Co) Operating Income: $145 Mil (TTM As of Dec. 2025)

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.

SENGF SINOPEC Engineering (Group) Co Ltd SENGF
57 GF Score
Price $0.78
GF Value $0.69
Valuation Modestly Overvalued
! 7 Warning Signs
View Full Analysis

What is SINOPEC Engineering (Group) Co Operating Income?

SINOPEC Engineering (Group) Co SENGF -1.96% 57 Operating Income is $145 Mil as of Dec. 2025. GuruFocus rates SENGF with a GF Score™ of 57/100 and a GF Value™ of $0.69 (Modestly Overvalued). The stock has 7 warning signs investors should review.

SINOPEC Engineering (Group) Co's Operating Income for the six months ended in Dec. 2025 was $2 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2025 was $145 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. SINOPEC Engineering (Group) Co's Operating Income for the six months ended in Dec. 2025 was $2 Mil. SINOPEC Engineering (Group) Co's Revenue for the six months ended in Dec. 2025 was $5,468 Mil. Therefore, SINOPEC Engineering (Group) Co's Operating Margin % for the quarter that ended in Dec. 2025 was 0.04%.

Warning Sign:

SINOPEC Engineering (Group) Co Ltd operating margin has been in a 5-year decline. The average rate of decline per year is -15.2%.

SINOPEC Engineering (Group) Co's 5-Year average Growth Rate for Operating Margin % was -15.20% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. SINOPEC Engineering (Group) Co's annualized ROC % for the quarter that ended in Dec. 2025 was 0.05%. SINOPEC Engineering (Group) Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 28.50%.


SINOPEC Engineering (Group) Co  (OTCPK:SENGF) Operating Income Explanation

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

SINOPEC Engineering (Group) 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: Jun. 2025 ) + Invested Capital (Q: Dec. 2025 ))/ count )
=4.022 * ( 1 - 33.78% )/( (4915.489 + 5644.85)/ 2 )
=2.6633684/5280.1695
=0.05 %

where

Invested Capital(Q: Jun. 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))
=12311.319 - 3887.291 - ( 3508.539 - max(0, 7576.073 - 11239.367+3508.539))
=4915.489

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))
=12951.194 - 3621.742 - ( 4112.253 - max(0, 8157.773 - 11842.375+4112.253))
=5644.85

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

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

SINOPEC Engineering (Group) 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: Jun. 2025  Q: Dec. 2025
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=190.112/( ( (654.792 + max(-4795.518, 0)) + (679.258 + max(-5114.148, 0)) )/ 2 )
=190.112/( ( 654.792 + 679.258 )/ 2 )
=190.112/667.025
=28.50 %

where Working Capital is:

Working Capital(Q: Jun. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1003.751 + 84.035 + 1650.571) - (3887.291 + 0 + 3646.584)
=-4795.518

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1072.766 + 54.423 + 1794.035) - (3621.742 + 0 + 4413.63)
=-5114.148

When net working capital is negative, 0 is used.

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

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

SINOPEC Engineering (Group) 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 )
=2.011/5468.419
=0.04 %

* 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.


SINOPEC Engineering (Group) Co Operating Income Related Terms


SINOPEC Engineering (Group) Co Operating Income Historical Data

* Premium members only.

The historical data trend for SINOPEC Engineering (Group) 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.

SINOPEC Engineering (Group) Co Operating Income Chart

SINOPEC Engineering (Group) Co 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 247.61 221.26 245.51 177.23 147.58

SINOPEC Engineering (Group) Co Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 132.57 137.82 39.91 142.78 2.01
SENGF
57GF Score
SINOPEC Engineering (Group) Co Ltd SENGF
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

SINOPEC Engineering (Group) 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 semi-annually data reported by the company within the most recent 12 months, which was $145 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 $145 Mil mean?
SINOPEC Engineering (Group) Co (SENGF) has a Operating Income of $145 Mil as of Dec. 2025. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on SINOPEC Engineering (Group) Co and its competitors.
Is SINOPEC Engineering (Group) Co's Operating Income too high?
SINOPEC Engineering (Group) Co's current Operating Income is $145 Mil. Overall, SINOPEC Engineering (Group) Co has a GF Score™ of 57/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does SINOPEC Engineering (Group) Co's Operating Income compare to PWR and FIX?
SINOPEC Engineering (Group) Co's Operating Income of $145 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 SINOPEC Engineering (Group) Co and its competitors. SINOPEC Engineering (Group) Co's current Operating Income is $145 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SINOPEC Engineering (Group) Co stock overvalued right now?
Based on GuruFocus' analysis, SINOPEC Engineering (Group) Co (SENGF) is currently considered Modestly Overvalued. The stock's GF Value™ is $0.69, compared to a current price of $0.78 — trading 13.6% above its estimated fair value. The current Operating Income is $145 Mil. SINOPEC Engineering (Group) Co's overall GF Score™ is 57/100 with 7 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 SINOPEC Engineering (Group) Co (SENGF), the current Operating Income is $145 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.

Is SINOPEC Engineering (Group) Co (SENGF) Overvalued in 2026?

Based on GuruFocus' analysis, SINOPEC Engineering (Group) Co stock appears to be overvalued. The current stock price of $0.78 is trading 13.6% above its estimated GF Value™ of $0.69. GuruFocus considers SINOPEC Engineering (Group) Co to be Modestly Overvalued.

Key valuation signals for SENGF:

  • Operating Income: $145 Mil
  • GF Value™: $0.69 vs. price of $0.78 (13.6% above fair value)
  • GF Score™: 57/100 with 7 warning signs

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


SINOPEC Engineering (Group) Co Business Description

Other Exchanges 02386:Hong Kong1NS:Germany
Address 67A, Ande Road, Floor 6-9, Building 1, Xicheng District, Beijing, CHN, 100032
SINOPEC Engineering (Group) Co Ltd is a wholly owned subsidiary of the Sinopec Group, a Chinese company. The group provides integrated engineering services and technical patents for domestic and international refining and chemical engineering businesses. The group mainly contains segments: engineering, consulting and licensing; EPC contracting; Construction; and equipment manufacturing. The company generates a majority of its revenue from the EPC contracting segment. Geographically, the business presence of the group is predominantly seen in PRC and Overseas, of which maximum revenue is generated from PRC.
57GF Score

Get the complete analysis for SENGF

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

$0.78
Price
$0.69
GF Value