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Asian Micro Holdings (SGX:585) Operating Income : S$-0.51 Mil (TTM As of Dec. 2024)


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What is Asian Micro Holdings Operating Income?

Asian Micro Holdings's Operating Income for the six months ended in Dec. 2024 was S$-0.12 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2024 was S$-0.51 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Asian Micro Holdings's Operating Income for the six months ended in Dec. 2024 was S$-0.12 Mil. Asian Micro Holdings's Revenue for the six months ended in Dec. 2024 was S$3.26 Mil. Therefore, Asian Micro Holdings's Operating Margin % for the quarter that ended in Dec. 2024 was -3.69%.

Warning Sign:

Asian Micro Holdings Ltd operating margin has been in a 5-year decline. The average rate of decline per year is -3.5%.

Asian Micro Holdings's 5-Year average Growth Rate for Operating Margin % was -3.50% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Asian Micro Holdings's annualized ROC % for the quarter that ended in Dec. 2024 was -10.73%. Asian Micro Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was -27.37%.


Asian Micro Holdings Operating Income Historical Data

The historical data trend for Asian Micro Holdings'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.

* Premium members only.

Asian Micro Holdings Operating Income Chart

Asian Micro Holdings Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Operating Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.53 -0.19 -0.19 -0.84 -0.81

Asian Micro Holdings Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 -0.29 -0.54 -0.41 -0.39 -0.12

Asian Micro Holdings 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. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was S$-0.51 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.


Asian Micro Holdings  (SGX:585) Operating Income Explanation

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

Asian Micro Holdings's annualized ROC % for the quarter that ended in Dec. 2024 is calculated as:

ROC % (Q: Dec. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2024 ) + Invested Capital (Q: Dec. 2024 ))/ count )
=-0.24 * ( 1 - 0% )/( (2.022 + 2.45)/ 2 )
=-0.24/2.236
=-10.73 %

where

Note: The Operating Income data used here is two times the semi-annual (Dec. 2024) data.

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

Asian Micro Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2024  Q: Dec. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-0.234/( ( (0.043 + max(0.628, 0)) + (0.031 + max(1.008, 0)) )/ 2 )
=-0.234/( ( 0.671 + 1.039 )/ 2 )
=-0.234/0.855
=-27.37 %

where Working Capital is:

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.854 + 1.938 + 0.038) - (1.208 + 0 + 0.994)
=0.628

Working Capital(Q: Dec. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.866 + 2.524 + 0.035) - (1.387 + 0 + 1.03)
=1.008

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Dec. 2024) EBIT data.

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

Asian Micro Holdings's Operating Margin % for the quarter that ended in Dec. 2024 is calculated as:

Operating Margin %=Operating Income (Q: Dec. 2024 )/Revenue (Q: Dec. 2024 )
=-0.12/3.255
=-3.69 %

* 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.


Asian Micro Holdings Operating Income Related Terms

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Asian Micro Holdings Business Description

Traded in Other Exchanges
N/A
Address
63 Hillview Avenue, No. 08-01 Lam Soon Industrial Building, Singapore, SGP, 669569
Asian Micro Holdings Ltd through its subsidiaries, is engaged in supplying Compressed Natural Gas (CNG) and related products and services, manufacturing and trading clean room supplies, leasing commercial properties, and property development. The company's reportable operating segments are; Manufacturing and trading, Natural Gas Vehicle (NGV) related business, Property business, and Corporate. A majority of its revenue is generated from the Natural Gas Vehicle (NGV) related business which includes the trading of NGV-related products such as bi-fuel conversion kits and cylinders, transportation of CNG refilling service, maintenance and servicing of CNG-related equipment. Geographically, it derives key revenue from Singapore and the rest from Malaysia, Thailand, and the Philippines.

Asian Micro Holdings Headlines

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