Tradelink Electronic Commerce (STU:T2E) Operating Income: €8.54 Mil (TTM As of Dec. 2025)

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STU:T2E Tradelink Electronic Commerce Ltd STU:T2E
59 GF Score
Price €0.02
GF Value €0.02
! 8 Warning Signs
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What is Tradelink Electronic Commerce Operating Income?

Tradelink Electronic Commerce STU:T2E 59 Operating Income is €8.54 Mil as of Dec. 2025. GuruFocus rates STU:T2E with a GF Score™ of 59/100 and a GF Value™ of €0.02. The stock has 8 warning signs investors should review.

Tradelink Electronic Commerce's Operating Income for the six months ended in Dec. 2025 was €4.66 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2025 was €8.54 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Tradelink Electronic Commerce's Operating Income for the six months ended in Dec. 2025 was €4.66 Mil. Tradelink Electronic Commerce's Revenue for the six months ended in Dec. 2025 was €14.45 Mil. Therefore, Tradelink Electronic Commerce's Operating Margin % for the quarter that ended in Dec. 2025 was 32.27%.

Warning Sign:

Tradelink Electronic Commerce Ltd operating margin has been in a 5-year decline. The average rate of decline per year is -3.3%.

Tradelink Electronic Commerce's 5-Year average Growth Rate for Operating Margin % was -3.30% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Tradelink Electronic Commerce's annualized ROC % for the quarter that ended in Dec. 2025 was 69.14%. Tradelink Electronic Commerce's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 331.96%.


Tradelink Electronic Commerce  (STU:T2E) Operating Income Explanation

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

Tradelink Electronic Commerce's annualized ROC % for the quarter that ended in Dec. 2025 is calculated as:

ROC % (Q: Dec. 2025 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2025 ) + Invested Capital (Q: Dec. 2025 ))/ count )
=9.328 * ( 1 - 10.14% )/( (4.717 + 19.531)/ 2 )
=8.3821408/12.124
=69.14 %

where

Note: The Operating Income data used here is two times the semi-annual (Dec. 2025) data.

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

Tradelink Electronic Commerce's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2025 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2025  Q: Dec. 2025
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=9.328/( ( (2.936 + max(-15.916, 0)) + (2.684 + max(-13.969, 0)) )/ 2 )
=9.328/( ( 2.936 + 2.684 )/ 2 )
=9.328/2.81
=331.96 %

where Working Capital is:

Working Capital(Q: Jun. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1.257 + 0 + 0.020999999999994) - (17.194 + 0 + 0)
=-15.916

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1.817 + 0 + 0.735) - (1.469 + 0 + 15.052)
=-13.969

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Dec. 2025) EBIT data.

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

Tradelink Electronic Commerce's Operating Margin % for the quarter that ended in Dec. 2025 is calculated as:

Operating Margin %=Operating Income (Q: Dec. 2025 )/Revenue (Q: Dec. 2025 )
=4.664/14.453
=32.27 %

* 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.


Tradelink Electronic Commerce Operating Income Related Terms


Tradelink Electronic Commerce Operating Income Historical Data

* Premium members only.

The historical data trend for Tradelink Electronic Commerce'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.

Tradelink Electronic Commerce Operating Income Chart

Tradelink Electronic Commerce 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 10.36 10.40 9.29 8.81 8.51

Tradelink Electronic Commerce Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 5.29 4.29 4.38 3.88 4.66
STU:T2E
59GF Score
Tradelink Electronic Commerce Ltd STU:T2E
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
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Tradelink Electronic Commerce 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. 2025 adds up the semi-annually data reported by the company within the most recent 12 months, which was €8.54 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 €8.54 Mil mean?
Tradelink Electronic Commerce (STU:T2E) has a Operating Income of €8.54 Mil as of Dec. 2025. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Tradelink Electronic Commerce and its competitors.
Is Tradelink Electronic Commerce's Operating Income too high?
Tradelink Electronic Commerce's current Operating Income is €8.54 Mil. Overall, Tradelink Electronic Commerce has a GF Score™ of 59/100, reflecting its overall financial health beyond just this single metric.
How does Tradelink Electronic Commerce's Operating Income compare to CRM and SHOP?
Tradelink Electronic Commerce's Operating Income of €8.54 Mil can be compared against companies in the Software 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 Software company?
A good Operating Income depends on the Software 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 Tradelink Electronic Commerce and its competitors. Tradelink Electronic Commerce's current Operating Income is €8.54 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tradelink Electronic Commerce stock overvalued right now?
Tradelink Electronic Commerce (STU:T2E) has a current Operating Income of €8.54 Mil. The stock's GF Value™ is €0.02, compared to a current price of €0.02 — trading right at its estimated fair value. The current Operating Income is €8.54 Mil. Tradelink Electronic Commerce's overall GF Score™ is 59/100 with 8 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 Tradelink Electronic Commerce (STU:T2E), the current Operating Income is €8.54 Mil as of Dec. 2025. 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 Tradelink Electronic Commerce (STU:T2E) Overvalued in 2026?

Based on GuruFocus' analysis, Tradelink Electronic Commerce stock appears to be undervalued. The current stock price of €0.02 is trading 0% below its estimated GF Value™ of €0.02.

Key valuation signals for STU:T2E:

  • Operating Income: €8.54 Mil
  • GF Value™: €0.02 vs. price of €0.02 (0% below fair value)
  • GF Score™: 59/100 with 8 warning signs

No single metric tells the full story. See the STU:T2E stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tradelink Electronic Commerce Business Description

Other Exchanges 00536:Hong Kong
Address 63 Wo Yi Hop Road, 11th Floor and 12th Floor, Tower B, Regent Centre, Kwai Chung, Hong Kong, HKG
Tradelink Electronic Commerce Ltd is mainly engaged in the provision of Government Electronic Trading Services (GETS) for processing certain official trade-related documents. It operates in the following segments: E-commerce, which accounts for the majority of revenue; Identity Management; and Other Services. The E-commerce segment is engaged in providing the group's Government Electronic Trading Services and supply chain solutions. The Identity Management segment provides security products, digital certificates, security solutions, and biometric-based authentication solutions for identity management. The Other Services segment comprises handling fees for the conversion of the paper form to electronic messages, income from the provision of technical support, and other project services.
59GF Score

Get the complete analysis for STU:T2E

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

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