Glarun Technology Co (SHSE:600562) Operating Income: ¥868 Mil (TTM As of Mar. 2026)

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SHSE:600562 Glarun Technology Co Ltd SHSE:600562
83 GF Score
Price ¥26.55
GF Value ¥19.89
Valuation Significantly Overvalued
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What is Glarun Technology Co Operating Income?

Glarun Technology Co SHSE:600562 +1.72% 83 Operating Income is ¥868 Mil as of Mar. 2026. GuruFocus rates SHSE:600562 with a GF Score™ of 83/100 and a GF Value™ of ¥19.89 (Significantly Overvalued).

Glarun Technology Co's Operating Income for the three months ended in Mar. 2026 was ¥114 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was ¥868 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Glarun Technology Co's Operating Income for the three months ended in Mar. 2026 was ¥114 Mil. Glarun Technology Co's Revenue for the three months ended in Mar. 2026 was ¥507 Mil. Therefore, Glarun Technology Co's Operating Margin % for the quarter that ended in Mar. 2026 was 22.40%.

Good Sign:

Glarun Technology Co Ltd operating margin is expanding. Margin expansion is usually a good sign.

Glarun Technology Co's 5-Year average Growth Rate for Operating Margin % was 11.30% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Glarun Technology Co's annualized ROC % for the quarter that ended in Mar. 2026 was 6.51%. Glarun Technology Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 9.98%.


Glarun Technology Co  (SHSE:600562) Operating Income Explanation

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

Glarun Technology Co'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 )
=454.596 * ( 1 - 13.91% )/( (5917.364 + 6098.759)/ 2 )
=391.3616964/6008.0615
=6.51 %

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))
=10544.829 - 2867.339 - ( 1760.126 - max(0, 3491.207 - 9395.984+1760.126))
=5917.364

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))
=10443.875 - 2800.994 - ( 1544.122 - max(0, 3311.592 - 9306.568+1544.122))
=6098.759

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

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

Glarun Technology Co'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 )
=357.468/( ( (211.424 + max(3094.845, 0)) + (203.495 + max(3654.831, 0)) )/ 2 )
=357.468/( ( 3306.269 + 3858.326 )/ 2 )
=357.468/3582.2975
=9.98 %

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)
=(4504.088 + 1816.951 + 97.032000000001) - (2867.339 + 0 + 455.887)
=3094.845

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(4697.829 + 2011.756 + 88.777999999998) - (2800.994 + 0 + 342.538)
=3654.831

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 %:

Glarun Technology Co'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 )
=113.649/507.419
=22.40 %

* 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.


Glarun Technology Co Operating Income Related Terms


Glarun Technology Co Operating Income Historical Data

* Premium members only.

The historical data trend for Glarun Technology 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.

Glarun Technology Co Operating Income Chart

Glarun Technology 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 563.39 621.81 726.40 819.00 852.33

Glarun Technology Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 97.96 447.94 49.07 257.37 113.65
SHSE:600562
83GF Score
Glarun Technology Co Ltd SHSE:600562
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
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Glarun Technology 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 Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥868 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 ¥868 Mil mean?
Glarun Technology Co (SHSE:600562) has a Operating Income of ¥868 Mil as of Mar. 2026. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Glarun Technology Co and its competitors.
Is Glarun Technology Co's Operating Income too high?
Glarun Technology Co's current Operating Income is ¥868 Mil. Overall, Glarun Technology Co has a GF Score™ of 83/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Glarun Technology Co's Operating Income compare to CSCO and MSI?
Glarun Technology Co's Operating Income of ¥868 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 Glarun Technology Co and its competitors. Glarun Technology Co's current Operating Income is ¥868 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Glarun Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Glarun Technology Co (SHSE:600562) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥19.89, compared to a current price of ¥26.55 — trading 33.5% above its estimated fair value. The current Operating Income is ¥868 Mil. Glarun Technology Co's overall GF Score™ is 83/100. 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 Glarun Technology Co (SHSE:600562), the current Operating Income is ¥868 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.

Is Glarun Technology Co (SHSE:600562) Overvalued in 2026?

Based on GuruFocus' analysis, Glarun Technology Co stock appears to be overvalued. The current stock price of ¥26.55 is trading 33.5% above its estimated GF Value™ of ¥19.89. GuruFocus considers Glarun Technology Co to be Significantly Overvalued.

Key valuation signals for SHSE:600562:

  • Operating Income: ¥868 Mil
  • GF Value™: ¥19.89 vs. price of ¥26.55 (33.5% above fair value)
  • GF Score™: 83/100

No single metric tells the full story. See the SHSE:600562 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Glarun Technology Co Business Description

Address Xiushan, Gucheng Town, Gaochun County, Danyang, Jiangsu, CHN, 211304
Glarun Technology Co Ltd is involved in fields associated with electronic information technology from high starting points and focuses on the growth and development in aspects of traffic electronics, supply chain integration service, microwave and communication, software and information service, energy electronics and other relevant industries. Its business fields include Rail transit; Air traffic; Intelligent transportation and Maritime traffic.
83GF Score

Get the complete analysis for SHSE:600562

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

¥26.55
Price
¥19.89
GF Value