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Chongqing Qin'an M&E (SHSE:603758) Operating Income : ¥195 Mil (TTM As of Mar. 2025)


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What is Chongqing Qin'an M&E Operating Income?

Chongqing Qin'an M&E's Operating Income for the three months ended in Mar. 2025 was ¥34 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2025 was ¥195 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Chongqing Qin'an M&E's Operating Income for the three months ended in Mar. 2025 was ¥34 Mil. Chongqing Qin'an M&E's Revenue for the three months ended in Mar. 2025 was ¥297 Mil. Therefore, Chongqing Qin'an M&E's Operating Margin % for the quarter that ended in Mar. 2025 was 11.32%.

Chongqing Qin'an M&E's 5-Year average Growth Rate for Operating Margin % was 0.00% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Chongqing Qin'an M&E's annualized ROC % for the quarter that ended in Mar. 2025 was 9.12%. Chongqing Qin'an M&E's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2025 was 14.49%.


Chongqing Qin'an M&E Operating Income Historical Data

The historical data trend for Chongqing Qin'an M&E'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.

Chongqing Qin'an M&E Operating Income Chart

Chongqing Qin'an M&E Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Operating Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 149.55 212.36 207.03 339.08 234.81

Chongqing Qin'an M&E Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 73.37 39.17 60.63 61.64 33.66

Chongqing Qin'an M&E 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. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥195 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.


Chongqing Qin'an M&E  (SHSE:603758) Operating Income Explanation

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

Chongqing Qin'an M&E's annualized ROC % for the quarter that ended in Mar. 2025 is calculated as:

ROC % (Q: Mar. 2025 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2024 ) + Invested Capital (Q: Mar. 2025 ))/ count )
=134.632 * ( 1 - 9.42% )/( (1256.347 + 1417.796)/ 2 )
=121.9496656/1337.0715
=9.12 %

where

Invested Capital(Q: Dec. 2024 )
=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))
=2884.49 - 464.451 - ( 1163.692 - max(0, 482.079 - 1766.584+1163.692))
=1256.347

Invested Capital(Q: Mar. 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))
=2770.521 - 312.505 - ( 1040.22 - max(0, 330.036 - 1665.29+1040.22))
=1417.796

Note: The Operating Income data used here is four times the quarterly (Mar. 2025) data.

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

Chongqing Qin'an M&E's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2025 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2025 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2024  Q: Mar. 2025
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=144.96/( ( (865.246 + max(105.268, 0)) + (835.549 + max(194.461, 0)) )/ 2 )
=144.96/( ( 970.514 + 1030.01 )/ 2 )
=144.96/1000.262
=14.49 %

where Working Capital is:

Working Capital(Q: Dec. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(339.948 + 224.734 + 7.9550000000002) - (464.451 + 0 + 2.918)
=105.268

Working Capital(Q: Mar. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(234.327 + 264.077 + 10.71) - (312.505 + 0 + 2.148)
=194.461

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2025) EBIT data.

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

Chongqing Qin'an M&E's Operating Margin % for the quarter that ended in Mar. 2025 is calculated as:

Operating Margin %=Operating Income (Q: Mar. 2025 )/Revenue (Q: Mar. 2025 )
=33.658/297.367
=11.32 %

* 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.


Chongqing Qin'an M&E Operating Income Related Terms

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Chongqing Qin'an M&E Business Description

Traded in Other Exchanges
N/A
Address
No. 701, Lanmei Road, Jiulongpo District, Chongqing, CHN, 400039
Chongqing Qin'an M&E PLC is a Chinese supplier of automotive powertrain engine key parts and transmission complicated parts. It is an integrated auto parts for casting and machining manufacturer company. The company's products range from cylinder head, cylinder block (Aluminum and Iron), crankshaft to transmission case and convert housing.
Executives
Director
Luo Xiao Chuan Director
Zhang Mao Liang Supervisors
Yu Yang Director
Liu Hong Qing Director
Sun De Shan Director
Liu Shu Jun senior management
Huang An Lin senior management
Zhou Bin Director
Xu Zheng senior management
Zhang Hua Ming Director
Tang Ya Dong Director
Yang Ying Supervisors
Yan Zheng Gang Supervisors

Chongqing Qin'an M&E Headlines

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