Jiangsu Hengli Hydraulic Co (SHSE:601100) Operating Income: ¥3,342 Mil (TTM As of Jun. 2026)

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SHSE:601100 Jiangsu Hengli Hydraulic Co Ltd SHSE:601100
90 GF Score
Price ¥100.28
GF Value ¥94.74
Valuation Fairly Valued
! 3 Warning Signs
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What is Jiangsu Hengli Hydraulic Co Operating Income?

Jiangsu Hengli Hydraulic Co SHSE:601100 -1.57% 90 Operating Income is ¥3,342 Mil as of Jun. 2026. GuruFocus rates SHSE:601100 with a GF Score™ of 90/100 and a GF Value™ of ¥94.74 (Fairly Valued). The stock has 3 warning signs investors should review.

Jiangsu Hengli Hydraulic Co's Operating Income for the three months ended in Jun. 2026 was ¥1,003 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Jun. 2026 was ¥3,342 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Jiangsu Hengli Hydraulic Co's Operating Income for the three months ended in Jun. 2026 was ¥1,003 Mil. Jiangsu Hengli Hydraulic Co's Revenue for the three months ended in Jun. 2026 was ¥3,623 Mil. Therefore, Jiangsu Hengli Hydraulic Co's Operating Margin % for the quarter that ended in Jun. 2026 was 27.69%.

Warning Sign:

Jiangsu Hengli Hydraulic Co Ltd operating margin has been in a 5-year decline. The average rate of decline per year is -6.2%.

Jiangsu Hengli Hydraulic Co's 5-Year average Growth Rate for Operating Margin % was -6.20% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Jiangsu Hengli Hydraulic Co's annualized ROC % for the quarter that ended in Jun. 2026 was 37.82%. Jiangsu Hengli Hydraulic Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 54.76%.


Jiangsu Hengli Hydraulic Co  (SHSE:601100) Operating Income Explanation

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

Jiangsu Hengli Hydraulic Co's annualized ROC % for the quarter that ended in Jun. 2026 is calculated as:

ROC % (Q: Jun. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Mar. 2026 ) + Invested Capital (Q: Jun. 2026 ))/ count )
=4012.968 * ( 1 - 8.47% )/( (9970.217 + 9455.354)/ 2 )
=3673.0696104/9712.7855
=37.82 %

where

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))
=22553.095 - 3194.941 - ( 9387.937 - max(0, 4076.793 - 16027.739+9387.937))
=9970.217

Invested Capital(Q: Jun. 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))
=23795.105 - 3841.985 - ( 10497.766 - max(0, 5299.138 - 17114.43+10497.766))
=9455.354

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

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

Jiangsu Hengli Hydraulic Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Jun. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Mar. 2026  Q: Jun. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=3447.076/( ( (5419.122 + max(1101.24, 0)) + (5444.645 + max(624.734, 0)) )/ 2 )
=3447.076/( ( 6520.362 + 6069.379 )/ 2 )
=3447.076/6294.8705
=54.76 %

where Working Capital is:

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(2252.841 + 2301.147 + 609.56) - (3194.941 + 0 + 867.367)
=1101.24

Working Capital(Q: Jun. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(2365.426 + 2425.769 + 439.707) - (3841.985 + 0 + 764.183)
=624.734

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Jun. 2026) EBIT data.

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

Jiangsu Hengli Hydraulic Co's Operating Margin % for the quarter that ended in Jun. 2026 is calculated as:

Operating Margin %=Operating Income (Q: Jun. 2026 )/Revenue (Q: Jun. 2026 )
=1003.242/3622.639
=27.69 %

* 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.


Jiangsu Hengli Hydraulic Co Operating Income Related Terms


Jiangsu Hengli Hydraulic Co Operating Income Historical Data

* Premium members only.

The historical data trend for Jiangsu Hengli Hydraulic 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.

Jiangsu Hengli Hydraulic Co Operating Income Chart

Jiangsu Hengli Hydraulic 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 3,176.43 2,309.10 2,511.51 2,519.23 2,920.26

Jiangsu Hengli Hydraulic Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 789.04 689.38 835.99 812.94 1,003.24
SHSE:601100
90GF Score
Jiangsu Hengli Hydraulic Co Ltd SHSE:601100
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
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Jiangsu Hengli Hydraulic 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 Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥3,342 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 ¥3,342 Mil mean?
Jiangsu Hengli Hydraulic Co (SHSE:601100) has a Operating Income of ¥3,342 Mil as of Jun. 2026. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Jiangsu Hengli Hydraulic Co and its competitors.
Is Jiangsu Hengli Hydraulic Co's Operating Income too high?
Jiangsu Hengli Hydraulic Co's current Operating Income is ¥3,342 Mil. Overall, Jiangsu Hengli Hydraulic Co has a GF Score™ of 90/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Jiangsu Hengli Hydraulic Co's Operating Income compare to GEV and ETN?
Jiangsu Hengli Hydraulic Co's Operating Income of ¥3,342 Mil can be compared against companies in the Industrial Products 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 an Industrial Products company?
A good Operating Income depends on the Industrial Products 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 Jiangsu Hengli Hydraulic Co and its competitors. Jiangsu Hengli Hydraulic Co's current Operating Income is ¥3,342 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jiangsu Hengli Hydraulic Co stock overvalued right now?
Based on GuruFocus' analysis, Jiangsu Hengli Hydraulic Co (SHSE:601100) is currently considered Fairly Valued. The stock's GF Value™ is ¥94.74, compared to a current price of ¥100.28 — trading 5.8% above its estimated fair value. The current Operating Income is ¥3,342 Mil. Jiangsu Hengli Hydraulic Co's overall GF Score™ is 90/100 with 3 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 Jiangsu Hengli Hydraulic Co (SHSE:601100), the current Operating Income is ¥3,342 Mil as of Jun. 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 Jiangsu Hengli Hydraulic Co (SHSE:601100) Overvalued in 2026?

Based on GuruFocus' analysis, Jiangsu Hengli Hydraulic Co stock appears to be overvalued. The current stock price of ¥100.28 is trading 5.8% above its estimated GF Value™ of ¥94.74. GuruFocus considers Jiangsu Hengli Hydraulic Co to be Fairly Valued.

Key valuation signals for SHSE:601100:

  • Operating Income: ¥3,342 Mil
  • GF Value™: ¥94.74 vs. price of ¥100.28 (5.8% above fair value)
  • GF Score™: 90/100 with 3 warning signs

No single metric tells the full story. See the SHSE:601100 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Jiangsu Hengli Hydraulic Co Business Description

Address No. 99, Longqian Road, Wujin High-tech Zone, Jiangsu Province, Changzhou, CHN, 213164
Hengli Hydraulic is a leading Chinese hydraulic component supplier. It designs, manufactures, and sells hydraulic cylinder, pump, valve, and motor products. Hengli's products are widely used in heavy machinery. It is the largest supplier of excavator hydraulic cylinders in the world, holding about 30% global market share.
90GF Score

Get the complete analysis for SHSE:601100

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

¥100.28
Price
¥94.74
GF Value