Beijing Ultrapower Software Co (SZSE:300002) Operating Income : ¥1,175 Mil (TTM As of Mar. 2024)

View and export this data going back to 2009. Start your Free Trial

What is Beijing Ultrapower Software Co Operating Income?

Beijing Ultrapower Software Co's Operating Income for the three months ended in Mar. 2024 was ¥313 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2024 was ¥1,175 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Beijing Ultrapower Software Co's Operating Income for the three months ended in Mar. 2024 was ¥313 Mil. Beijing Ultrapower Software Co's Revenue for the three months ended in Mar. 2024 was ¥1,488 Mil. Therefore, Beijing Ultrapower Software Co's Operating Margin % for the quarter that ended in Mar. 2024 was 21.01%.

Beijing Ultrapower Software Co'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. Beijing Ultrapower Software Co's annualized ROC % for the quarter that ended in Mar. 2024 was 29.41%. Beijing Ultrapower Software Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 190.02%.

Beijing Ultrapower Software Co Operating Income Historical Data

The historical data trend for Beijing Ultrapower Software 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.

Beijing Ultrapower Software Co Operating Income Chart

Beijing Ultrapower Software Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Operating Income

Get a 7-Day Free Trial

-343.57

495.13

609.77

595.13

1,072.11

Beijing Ultrapower Software Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Operating Income	Get a 7-Day Free Trial															209.87	258.54	155.09	448.62	312.74

Beijing Ultrapower Software 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥1,175 Mil.

Beijing Ultrapower Software Co (SZSE:300002) Operating Income Explanation

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

Beijing Ultrapower Software Co's annualized ROC % for the quarter that ended in Mar. 2024 is calculated as:

	ROC % (Q: Mar. 2024 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Dec. 2023 )	+	Invested Capital (Q: Mar. 2024 ))	/ count )
=	1250.964 * ( 1 - 16.03% )	/	( (3302.023	+	3840.853)	/ 2 )
=	1050.4344708	/	3571.438
=	29.41 %

where

	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	))
=	6802.772	-	766.644	-	( 2734.105	-	max(0, 979.005	-	3803.047	+	2734.105	))
=	3302.023

	Invested Capital		(Q: Mar. 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	))
=	7024.265	-	639.181	-	( 2544.231	-	max(0, 877.807	-	4051.697	+	2544.231	))
=	3840.853

Note: The Operating Income data used here is four times the quarterly (Mar. 2024) data.

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

Beijing Ultrapower Software Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Mar. 2024 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Dec. 2023		Q: Mar. 2024
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	1380.98	/	( ( (364.612 + max(89.77, 0))	+	(357.536 + max(641.582, 0)) )	/	2 )
=	1380.98	/	( ( 454.382	+	999.118 )	/	2 )
=	1380.98	/	726.75
=	190.02 %

where Working Capital is:

	Working Capital		(Q: Dec. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(811.608	+	165.676	+	57.667)	-	(766.644	+	0	+	178.537)
=	89.77

	Working Capital		(Q: Mar. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(751.761	+	228.718	+	492.137)	-	(639.181	+	0	+	191.853)
=	641.582

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2024) EBIT data.

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

Beijing Ultrapower Software Co's Operating Margin % for the quarter that ended in Mar. 2024 is calculated as:

Operating Margin %	=	Operating Income (Q: Mar. 2024 )	/	Revenue (Q: Mar. 2024 )
	=	312.741	/	1488.183
	=	21.01 %

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.

Beijing Ultrapower Software Co Operating Income Related Terms

Thank you for viewing the detailed overview of Beijing Ultrapower Software Co's Operating Income provided by GuruFocus.com. Please click on the following links to see related term pages.

Beijing Ultrapower Software Co (SZSE:300002) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Beijing Ultrapower Software Co Ltd (SZSE:300002) » Definitions » Operating Income

Comparable Companies

Traded in Other Exchanges

N/A

Address

Building 1 on the 13th Academy Building, Beiyuan, Chaoyang District, 22 North Star Taiyue, Beijing, CHN, 100107

Website

http://www.ultrapower.com.cn

Beijing Ultrapower Software Co Ltd is an IT operations and maintenance service provider in China. It offers enterprise-oriented IT consulting, solutions, software products, and project implementing and operation services. The company focuses on the use of information technology to promote industrial development and social progress and improve people's work and life quality.

Executives

Wang Ning	Director
Hu Jia Ming	Directors, Directors, and Executives
Li Li	Director
Di Yi Bing	Directors, executives
Gao Feng	Executives
Huang Song Lang	Director
Zhang Qian Shan	Directors, executives
Mao Da Wei	Directors, executives
Hao Yan	Supervisors
Liang De Xing	Executives
Zhu Jian Song	Executives
Wan Neng	Directors, executives
Qi Qiang	Director
Xu Peng	Executives
Xu Si Ping	Director

Beijing Ultrapower Software Co (SZSE:300002) Headlines

No Headlines