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Qi An Xin Technology Group (SHSE:688561) Operating Income : ¥-719 Mil (TTM As of Mar. 2025)


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What is Qi An Xin Technology Group Operating Income?

Qi An Xin Technology Group's Operating Income for the three months ended in Mar. 2025 was ¥-323 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2025 was ¥-719 Mil.

Warning Sign:

Qi An Xin Technology Group Inc had lost money in 75% of the time over the past 12quarters.

Operating Margin % is calculated as Operating Income divided by its Revenue. Qi An Xin Technology Group's Operating Income for the three months ended in Mar. 2025 was ¥-323 Mil. Qi An Xin Technology Group's Revenue for the three months ended in Mar. 2025 was ¥686 Mil. Therefore, Qi An Xin Technology Group's Operating Margin % for the quarter that ended in Mar. 2025 was -47.15%.

Qi An Xin Technology Group'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. Qi An Xin Technology Group's annualized ROC % for the quarter that ended in Mar. 2025 was -12.46%. Qi An Xin Technology Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2025 was -29.19%.


Qi An Xin Technology Group Operating Income Historical Data

The historical data trend for Qi An Xin Technology Group'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.

Qi An Xin Technology Group Operating Income Chart

Qi An Xin Technology Group Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Operating Income
Get a 7-Day Free Trial -424.96 -475.44 -24.81 435.50 -826.76

Qi An Xin Technology Group 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 -431.44 -225.69 -303.31 133.67 -323.47

Qi An Xin Technology Group 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 ¥-719 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.


Qi An Xin Technology Group  (SHSE:688561) Operating Income Explanation

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

Qi An Xin Technology Group'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 )
=-1293.896 * ( 1 - 0.75% )/( (10126.699 + 10479.068)/ 2 )
=-1284.19178/10302.8835
=-12.46 %

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))
=14867.115 - 3112.035 - ( 1628.381 - max(0, 5693.184 - 9192.179+1628.381))
=10126.699

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))
=14421.574 - 2846.878 - ( 1095.628 - max(0, 5447.09 - 8841.875+1095.628))
=10479.068

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

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

Qi An Xin Technology Group'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 )
=-1624.052/( ( (1592.511 + max(3763.026, 0)) + (1566.728 + max(4205.629, 0)) )/ 2 )
=-1624.052/( ( 5355.537 + 5772.357 )/ 2 )
=-1624.052/5563.947
=-29.19 %

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)
=(5897.956 + 804.76 + 369.03) - (3112.035 + 0 + 196.685)
=3763.026

Working Capital(Q: Mar. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(5942.667 + 906.984 + 386.873) - (2846.878 + 0 + 184.017)
=4205.629

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 %:

Qi An Xin Technology Group'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 )
=-323.474/686.081
=-47.15 %

* 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.


Qi An Xin Technology Group Operating Income Related Terms

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Qi An Xin Technology Group Business Description

Traded in Other Exchanges
N/A
Address
No.1, 26 of Xizhimenwai South Road, Qianxin Security Center, Xicheng District, Beijing, CHN
Qi An Xin Technology Group Inc provides a new generation of enterprise-level network security products and services to government and corporate customers.
Executives
Gu Yong Xiang Core technical personnel
Ma Jiang Bo Core technical personnel
Liu Hao Core technical personnel
Liu Yan Core technical personnel
Tang Di Bin Core technical personnel
Ji Yan Min Core technical personnel
Xu Gui Bin Senior management, core technical personnel
Ma Lei Si senior management
Ye Sheng Core technical personnel
Yang Hong Peng Directors, senior managers
Wu Yun Kun Directors, senior managers, core technical personn
Liu Hong Jin senior management
He Xin Fei senior management
Zuo Wen Jian Senior management, core technical personnel
Fan Jun Cheng Core technical personnel

Qi An Xin Technology Group Headlines

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