Zhejiang Zhongxin Environmental Protection Technology Group Co (SHSE:603091) Operating Income: ¥422 Mil (TTM As of Jun. 2026)

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SHSE:603091 Zhejiang Zhongxin Environmental Protection Technology Group Co Ltd SHSE:603091
20 GF Score
Price ¥48.03
! 5 Warning Signs
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What is Zhejiang Zhongxin Environmental Protection Technology Group Co Operating Income?

Zhejiang Zhongxin Environmental Protection Technology Group Co SHSE:603091 -0.76% 20 Operating Income is ¥422 Mil as of Jun. 2026. GuruFocus rates SHSE:603091 with a GF Score™ of 20/100. The stock has 5 warning signs investors should review.

Zhejiang Zhongxin Environmental Protection Technology Group Co's Operating Income for the three months ended in Jun. 2026 was ¥112 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Jun. 2026 was ¥422 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Zhejiang Zhongxin Environmental Protection Technology Group Co's Operating Income for the three months ended in Jun. 2026 was ¥112 Mil. Zhejiang Zhongxin Environmental Protection Technology Group Co's Revenue for the three months ended in Jun. 2026 was ¥485 Mil. Therefore, Zhejiang Zhongxin Environmental Protection Technology Group Co's Operating Margin % for the quarter that ended in Jun. 2026 was 23.18%.

Warning Sign:

Zhejiang Zhongxin Environmental Protection Technology Group Co Ltd operating margin has been in a 5-year decline. The average rate of decline per year is -1.2%.

Zhejiang Zhongxin Environmental Protection Technology Group Co's 5-Year average Growth Rate for Operating Margin % was -1.20% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Zhejiang Zhongxin Environmental Protection Technology Group Co's annualized ROC % for the quarter that ended in Jun. 2026 was 18.88%. Zhejiang Zhongxin Environmental Protection Technology Group Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 21.33%.


Zhejiang Zhongxin Environmental Protection Technology Group Co  (SHSE:603091) Operating Income Explanation

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

Zhejiang Zhongxin Environmental Protection Technology Group 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 )
=449.648 * ( 1 - 4.37% )/( (2233.484 + 2322.711)/ 2 )
=429.9983824/2278.0975
=18.88 %

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))
=2918.404 - 191.451 - ( 493.469 - max(0, 410.17 - 1220.569+493.469))
=2233.484

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))
=3084.49 - 199.375 - ( 562.404 - max(0, 596.382 - 1363.224+562.404))
=2322.711

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

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

Zhejiang Zhongxin Environmental Protection Technology Group 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 )
=426.732/( ( (1493.761 + max(477.636, 0)) + (1514.759 + max(514.996, 0)) )/ 2 )
=426.732/( ( 1971.397 + 2029.755 )/ 2 )
=426.732/2000.576
=21.33 %

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)
=(207.934 + 447.14 + 51.488) - (191.451 + 0 + 37.475)
=477.636

Working Capital(Q: Jun. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(260.066 + 477.889 + 29.484) - (199.375 + 0 + 53.068)
=514.996

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 %:

Zhejiang Zhongxin Environmental Protection Technology Group 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 )
=112.412/485.016
=23.18 %

* 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.


Zhejiang Zhongxin Environmental Protection Technology Group Co Operating Income Related Terms


Zhejiang Zhongxin Environmental Protection Technology Group Co Operating Income Historical Data

* Premium members only.

The historical data trend for Zhejiang Zhongxin Environmental Protection Technology 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.

Zhejiang Zhongxin Environmental Protection Technology Group Co Operating Income Chart

Zhejiang Zhongxin Environmental Protection Technology Group Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Operating Income
Get a 7-Day Free Trial 158.74 244.96 283.32 386.22 330.61

Zhejiang Zhongxin Environmental Protection Technology Group Co Quarterly Data
Dec19 Dec20 Dec21 Mar22 Jun22 Sep22 Dec22 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 41.79 88.03 112.27 108.82 112.41
SHSE:603091
20GF Score
Zhejiang Zhongxin Environmental Protection Technology Group Co Ltd SHSE:603091
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
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Zhejiang Zhongxin Environmental Protection Technology 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 Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥422 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 ¥422 Mil mean?
Zhejiang Zhongxin Environmental Protection Technology Group Co (SHSE:603091) has a Operating Income of ¥422 Mil as of Jun. 2026. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Zhejiang Zhongxin Environmental Protection Technology Group Co and its competitors.
Is Zhejiang Zhongxin Environmental Protection Technology Group Co's Operating Income too high?
Zhejiang Zhongxin Environmental Protection Technology Group Co's current Operating Income is ¥422 Mil. Overall, Zhejiang Zhongxin Environmental Protection Technology Group Co has a GF Score™ of 20/100, reflecting its overall financial health beyond just this single metric.
How does Zhejiang Zhongxin Environmental Protection Technology Group Co's Operating Income compare to competitors?
Zhejiang Zhongxin Environmental Protection Technology Group Co's Operating Income of ¥422 Mil can be compared against companies in the Forest 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 a Forest Products company?
A good Operating Income depends on the Forest 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 Zhejiang Zhongxin Environmental Protection Technology Group Co and its competitors. Zhejiang Zhongxin Environmental Protection Technology Group Co's current Operating Income is ¥422 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhejiang Zhongxin Environmental Protection Technology Group Co stock overvalued right now?
Zhejiang Zhongxin Environmental Protection Technology Group Co (SHSE:603091) has a current Operating Income of ¥422 Mil. The current Operating Income is ¥422 Mil. Zhejiang Zhongxin Environmental Protection Technology Group Co's overall GF Score™ is 20/100 with 5 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 Zhejiang Zhongxin Environmental Protection Technology Group Co (SHSE:603091), the current Operating Income is ¥422 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.

Zhejiang Zhongxin Environmental Protection Technology Group Co Business Description

Address No. 1, Yongsheng Road, Yongchang Street, Lanxi, Zhejiang Province, Jinhua, CHN, 321100
Zhejiang Zhongxin Environmental Protection Technology Group Co Ltd is engaged in Research and development, production and sales of naturally degradable plant fiber molding products.
20GF Score

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

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