Kunshan Huguang Auto Harness Co (SHSE:605333) Operating Income: ¥375 Mil (TTM As of Jun. 2026)

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SHSE:605333 Kunshan Huguang Auto Harness Co Ltd SHSE:605333
67 GF Score
Price ¥17.19
GF Value ¥36.51
Valuation Possible Value Trap
! 6 Warning Signs
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What is Kunshan Huguang Auto Harness Co Operating Income?

Kunshan Huguang Auto Harness Co SHSE:605333 -3.05% 67 Operating Income is ¥375 Mil as of Jun. 2026. GuruFocus rates SHSE:605333 with a GF Score™ of 67/100 and a GF Value™ of ¥36.51 (Possible Value Trap). The stock has 6 warning signs investors should review.

Kunshan Huguang Auto Harness Co's Operating Income for the three months ended in Jun. 2026 was ¥38 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Jun. 2026 was ¥375 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Kunshan Huguang Auto Harness Co's Operating Income for the three months ended in Jun. 2026 was ¥38 Mil. Kunshan Huguang Auto Harness Co's Revenue for the three months ended in Jun. 2026 was ¥1,892 Mil. Therefore, Kunshan Huguang Auto Harness Co's Operating Margin % for the quarter that ended in Jun. 2026 was 2.01%.

Good Sign:

Kunshan Huguang Auto Harness Co Ltd operating margin is expanding. Margin expansion is usually a good sign.

Kunshan Huguang Auto Harness Co's 5-Year average Growth Rate for Operating Margin % was 21.40% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Kunshan Huguang Auto Harness Co's annualized ROC % for the quarter that ended in Jun. 2026 was 3.10%. Kunshan Huguang Auto Harness Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 3.80%.


Kunshan Huguang Auto Harness Co  (SHSE:605333) Operating Income Explanation

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

Kunshan Huguang Auto Harness 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 )
=152 * ( 1 - 0% )/( (4809.314 + 5000.946)/ 2 )
=152/4905.13
=3.10 %

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))
=8265.801 - 2709.673 - ( 1365.102 - max(0, 4427.625 - 5174.439+1365.102))
=4809.314

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))
=8543.743 - 2898.864 - ( 1210.298 - max(0, 4800.498 - 5444.431+1210.298))
=5000.946

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

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

Kunshan Huguang Auto Harness 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 )
=121.44/( ( (2604.789 + max(380.537, 0)) + (2636.259 + max(768.253, 0)) )/ 2 )
=121.44/( ( 2985.326 + 3404.512 )/ 2 )
=121.44/3194.919
=3.80 %

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)
=(2176.461 + 799.895 + 198.353) - (2709.673 + 0 + 84.499)
=380.537

Working Capital(Q: Jun. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(2817.022 + 764.384 + 250.729) - (2898.864 + 0 + 165.018)
=768.253

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 %:

Kunshan Huguang Auto Harness 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 )
=38/1891.701
=2.01 %

* 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.


Kunshan Huguang Auto Harness Co Operating Income Related Terms


Kunshan Huguang Auto Harness Co Operating Income Historical Data

* Premium members only.

The historical data trend for Kunshan Huguang Auto Harness 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.

Kunshan Huguang Auto Harness Co Operating Income Chart

Kunshan Huguang Auto Harness 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 39.61 94.53 179.35 925.54 631.74

Kunshan Huguang Auto Harness 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 235.26 187.18 93.13 56.28 38.00
SHSE:605333
67GF Score
Kunshan Huguang Auto Harness Co Ltd SHSE:605333
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
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Kunshan Huguang Auto Harness 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 ¥375 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 ¥375 Mil mean?
Kunshan Huguang Auto Harness Co (SHSE:605333) has a Operating Income of ¥375 Mil as of Jun. 2026. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Kunshan Huguang Auto Harness Co and its competitors.
Is Kunshan Huguang Auto Harness Co's Operating Income too high?
Kunshan Huguang Auto Harness Co's current Operating Income is ¥375 Mil. Overall, Kunshan Huguang Auto Harness Co has a GF Score™ of 67/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Kunshan Huguang Auto Harness Co's Operating Income compare to ORLY and AZO?
Kunshan Huguang Auto Harness Co's Operating Income of ¥375 Mil can be compared against companies in the Vehicles & Parts 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 Vehicles & Parts company?
A good Operating Income depends on the Vehicles & Parts 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 Kunshan Huguang Auto Harness Co and its competitors. Kunshan Huguang Auto Harness Co's current Operating Income is ¥375 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kunshan Huguang Auto Harness Co stock overvalued right now?
Based on GuruFocus' analysis, Kunshan Huguang Auto Harness Co (SHSE:605333) is currently considered Possible Value Trap. The stock's GF Value™ is ¥36.51, compared to a current price of ¥17.19 — trading 52.9% below its estimated fair value. The current Operating Income is ¥375 Mil. Kunshan Huguang Auto Harness Co's overall GF Score™ is 67/100 with 6 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 Kunshan Huguang Auto Harness Co (SHSE:605333), the current Operating Income is ¥375 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 Kunshan Huguang Auto Harness Co (SHSE:605333) Overvalued in 2026?

Based on GuruFocus' analysis, Kunshan Huguang Auto Harness Co stock appears to be undervalued. The current stock price of ¥17.19 is trading 52.9% below its estimated GF Value™ of ¥36.51. GuruFocus considers Kunshan Huguang Auto Harness Co to be Possible Value Trap.

Key valuation signals for SHSE:605333:

  • Operating Income: ¥375 Mil
  • GF Value™: ¥36.51 vs. price of ¥17.19 (52.9% below fair value)
  • GF Score™: 67/100 with 6 warning signs

No single metric tells the full story. See the SHSE:605333 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Kunshan Huguang Auto Harness Co Business Description

Address No. 388 Huguang Road, Zhangpu Town, Jiangsu Province, Kunshan, CHN, 215326
Kunshan Huguang Auto Harness Co Ltd is engaged in manufacturing and sales of automotive wiring harnesses. The company specializes in development and production of high and low voltage wire harness assembly. Its products include engine harness, KNK harness, door harness, HV harness, front cabin harness, instrument harness, cable harness and ABS wire harness.
67GF Score

Get the complete analysis for SHSE:605333

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

¥17.19
Price
¥36.51
GF Value