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Sunvim Group Co (SZSE:002083) Operating Income : ¥641 Mil (TTM As of Mar. 2025)


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What is Sunvim Group Co Operating Income?

Sunvim Group Co's Operating Income for the three months ended in Mar. 2025 was ¥186 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2025 was ¥641 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Sunvim Group Co's Operating Income for the three months ended in Mar. 2025 was ¥186 Mil. Sunvim Group Co's Revenue for the three months ended in Mar. 2025 was ¥1,364 Mil. Therefore, Sunvim Group Co's Operating Margin % for the quarter that ended in Mar. 2025 was 13.67%.

Warning Sign:

Sunvim Group Co Ltd operating margin has been in a 5-year decline. The average rate of decline per year is -7.9%.

Sunvim Group Co's 5-Year average Growth Rate for Operating Margin % was -7.90% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Sunvim Group Co's annualized ROC % for the quarter that ended in Mar. 2025 was 8.77%. Sunvim Group Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2025 was 15.75%.


Sunvim Group Co Operating Income Historical Data

The historical data trend for Sunvim Group 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.

* Premium members only.

Sunvim Group Co Operating Income Chart

Sunvim Group Co 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 735.90 451.44 328.61 463.39 577.76

Sunvim Group Co 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 123.66 167.97 171.92 114.21 186.43

Sunvim Group 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 Mar. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥641 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.


Sunvim Group Co  (SZSE:002083) Operating Income Explanation

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

Sunvim Group Co'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 )
=745.728 * ( 1 - 25.72% )/( (6411.045 + 6217.249)/ 2 )
=553.9267584/6314.147
=8.77 %

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))
=7703.523 - 732.031 - ( 877.138 - max(0, 2598.336 - 3158.783+877.138))
=6411.045

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))
=7664.955 - 698.996 - ( 840.703 - max(0, 2441.536 - 3190.246+840.703))
=6217.249

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

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

Sunvim Group Co'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 )
=734.188/( ( (3424.255 + max(1256.579, 0)) + (3363.303 + max(1280.572, 0)) )/ 2 )
=734.188/( ( 4680.834 + 4643.875 )/ 2 )
=734.188/4662.3545
=15.75 %

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)
=(777.028 + 1133.062 + 246.02) - (732.031 + 0 + 167.5)
=1256.579

Working Capital(Q: Mar. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(872.635 + 1126.436 + 170.819) - (698.996 + 0 + 190.322)
=1280.572

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 %:

Sunvim Group Co'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 )
=186.432/1363.636
=13.67 %

* 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.


Sunvim Group Co Operating Income Related Terms

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Sunvim Group Co Business Description

Traded in Other Exchanges
N/A
Address
No. 1 Furi Street, Weifang, Shandong, CHN, 261500
Sunvim Group Co Ltd is engaged in the manufacturing and distribution of home textile products like the bath towel, towelling blanket, decorative cloth, tablecloth, napkin, bedding fabrics, and yarns.
Executives
Sun Hao Bo Directors, executives
Zhou Wen Guo Supervisors
Wang Ju Zhang Supervisors
Wu Ming Feng Directors, executives
Yu Cong Hai Director
Sun Ri Gui Directors, executives
Yan Yong Xuan Director
Qin Bo Supervisors
Fu Pei Lin Director
Qi Zong Zhong Supervisors
Zhang Shu Ming Supervisors
Zhang Guo Hua Director
Li Zhong Wei Director
Sun Yong Directors, executives
Yan Tang Director

Sunvim Group Co Headlines

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