KITA KOUDENSHA (SSE:1734) Operating Income: 円27 Mil (TTM As of Dec. 2023)

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SSE:1734 KITA KOUDENSHA Corp SSE:1734
12 GF Score
Price 円657.00
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What is KITA KOUDENSHA Operating Income?

KITA KOUDENSHA SSE:1734 12 Operating Income is 円27 Mil as of Dec. 2023. GuruFocus rates SSE:1734 with a GF Score™ of 12/100.

KITA KOUDENSHA's Operating Income for the three months ended in Dec. 2023 was 円597 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2023 was 円27 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. KITA KOUDENSHA's Operating Income for the three months ended in Dec. 2023 was 円597 Mil. KITA KOUDENSHA's Revenue for the three months ended in Dec. 2023 was 円4,398 Mil. Therefore, KITA KOUDENSHA's Operating Margin % for the quarter that ended in Dec. 2023 was 13.57%.

KITA KOUDENSHA'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. KITA KOUDENSHA's annualized ROC % for the quarter that ended in Dec. 2023 was 31.89%. KITA KOUDENSHA's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 78.45%.

KITA KOUDENSHA  (SSE:1734) Operating Income Explanation

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

KITA KOUDENSHA's annualized ROC % for the quarter that ended in Dec. 2023 is calculated as:

ROC % (Q: Dec. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2023 ) + Invested Capital (Q: Dec. 2023 ))/ count )
=2386.968 * ( 1 - 5.61% )/( (6355.574 + 7774.961)/ 2 )
=2253.0590952/7065.2675
=31.89 %

where

Invested Capital(Q: Sep. 2023 )
=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))
=6223.849 - 2556.708 - ( 645.399 - max(0, 7961.129 - 5272.696+645.399))
=6355.574

Invested Capital(Q: Dec. 2023 )
=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))
=8793.829 - 3128.777 - ( 808.268 - max(0, 9939.796 - 7829.887+808.268))
=7774.961

Note: The Operating Income data used here is four times the quarterly (Dec. 2023) data.

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

KITA KOUDENSHA's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2023  Q: Dec. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=2522.204/( ( (787.052 + max(1466.168, 0)) + (809.447 + max(3367.823, 0)) )/ 2 )
=2522.204/( ( 2253.22 + 4177.27 )/ 2 )
=2522.204/3215.245
=78.45 %

where Working Capital is:

Working Capital(Q: Sep. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(4214.429 + 303.713 + 109.155) - (2556.708 + 0 + 604.421)
=1466.168

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(6654.107 + 316.372 + 51.139999999999) - (3128.777 + 0 + 525.019)
=3367.823

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

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

KITA KOUDENSHA's Operating Margin % for the quarter that ended in Dec. 2023 is calculated as:

Operating Margin %=Operating Income (Q: Dec. 2023 )/Revenue (Q: Dec. 2023 )
=596.742/4398.162
=13.57 %

* 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.

KITA KOUDENSHA Operating Income Related Terms

KITA KOUDENSHA Operating Income Historical Data

* Premium members only.

The historical data trend for KITA KOUDENSHA'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.

KITA KOUDENSHA Operating Income Chart

KITA KOUDENSHA Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Operating Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 314.30 468.84 -864.37 -2,741.62 -2,059.25

KITA KOUDENSHA Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 -367.41 -390.07 -279.38 100.17 596.74
SSE:1734
12GF Score
KITA KOUDENSHA Corp SSE:1734
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
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KITA KOUDENSHA 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was 円27 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 円27 Mil mean?
KITA KOUDENSHA (SSE:1734) has a Operating Income of 円27 Mil as of Dec. 2023. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on KITA KOUDENSHA and its competitors.
Is KITA KOUDENSHA's Operating Income too high?
KITA KOUDENSHA's current Operating Income is 円27 Mil. Overall, KITA KOUDENSHA has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does KITA KOUDENSHA's Operating Income compare to PWR and J?
KITA KOUDENSHA's Operating Income of 円27 Mil can be compared against companies in the Construction 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 Construction company?
A good Operating Income depends on the Construction 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 KITA KOUDENSHA and its competitors. KITA KOUDENSHA's current Operating Income is 円27 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is KITA KOUDENSHA stock overvalued right now?
KITA KOUDENSHA (SSE:1734) has a current Operating Income of 円27 Mil. The current Operating Income is 円27 Mil. KITA KOUDENSHA's overall GF Score™ is 12/100. 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 KITA KOUDENSHA (SSE:1734), the current Operating Income is 円27 Mil as of Dec. 2023. 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.

KITA KOUDENSHA Business Description

Address 2-10, Kita 11-jo Nishi 23-chome, Chuo-ku Sapporo, Hokkaido, JPN, 060-0011
KITA KOUDENSHA Corp is engaged in the indoor wiring and power-related construction operations. The company undertakes projects for the construction of transmission lines, underground transmission lines, communication lines. It has an indoor wiring construction project, power related construction project and an industrial equipment business which include sales of power facility equipment, low voltage generator cars, electric wires, and piping materials, information communication systems.
12GF Score

Get the complete analysis for SSE:1734

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

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