Hung Chou Fiber Ind Co (TPE:1413) Operating Income: NT$43 Mil (TTM As of Mar. 2026)

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TPE:1413 Hung Chou Fiber Ind Co Ltd TPE:1413
65 GF Score
Price NT$9.40
GF Value NT$8.50
Valuation Modestly Overvalued
! 8 Warning Signs
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What is Hung Chou Fiber Ind Co Operating Income?

Hung Chou Fiber Ind Co TPE:1413 +0.11% 65 Operating Income is NT$43 Mil as of Mar. 2026. GuruFocus rates TPE:1413 with a GF Score™ of 65/100 and a GF Value™ of NT$8.50 (Modestly Overvalued). The stock has 8 warning signs investors should review.

Hung Chou Fiber Ind Co's Operating Income for the three months ended in Mar. 2026 was NT$-15 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was NT$43 Mil.

Warning Sign:

Hung Chou Fiber Ind Co Ltd had lost money in 50% of the time over the past 12quarters.

Operating Margin % is calculated as Operating Income divided by its Revenue. Hung Chou Fiber Ind Co's Operating Income for the three months ended in Mar. 2026 was NT$-15 Mil. Hung Chou Fiber Ind Co's Revenue for the three months ended in Mar. 2026 was NT$438 Mil. Therefore, Hung Chou Fiber Ind Co's Operating Margin % for the quarter that ended in Mar. 2026 was -3.37%.

Hung Chou Fiber Ind 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. Hung Chou Fiber Ind Co's annualized ROC % for the quarter that ended in Mar. 2026 was -2.66%. Hung Chou Fiber Ind Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was -3.54%.


Hung Chou Fiber Ind Co  (TPE:1413) Operating Income Explanation

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

Hung Chou Fiber Ind Co's annualized ROC % for the quarter that ended in Mar. 2026 is calculated as:

ROC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=-59.008 * ( 1 - 0% )/( (2258.928 + 2183.11)/ 2 )
=-59.008/2221.019
=-2.66 %

where

Invested Capital(Q: Dec. 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))
=2726.149 - 267.289 - ( 246.066 - max(0, 733.949 - 933.881+246.066))
=2258.928

Invested Capital(Q: Mar. 2026 )
=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))
=2610.533 - 253.384 - ( 254.868 - max(0, 651.436 - 825.475+254.868))
=2183.11

Note: The Operating Income data used here is four times the quarterly (Mar. 2026) data.

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

Hung Chou Fiber Ind Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-46.048/( ( (1045.235 + max(288.442, 0)) + (1040.04 + max(225.098, 0)) )/ 2 )
=-46.048/( ( 1333.677 + 1265.138 )/ 2 )
=-46.048/1299.4075
=-3.54 %

where Working Capital is:

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(41.045 + 533.296 + 16.14) - (267.289 + 0 + 34.75)
=288.442

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(35.31 + 457.713 + 2.2389999999999) - (253.384 + 0 + 16.78)
=225.098

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

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

Hung Chou Fiber Ind Co's Operating Margin % for the quarter that ended in Mar. 2026 is calculated as:

Operating Margin %=Operating Income (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=-14.752/437.912
=-3.37 %

* 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.


Hung Chou Fiber Ind Co Operating Income Related Terms


Hung Chou Fiber Ind Co Operating Income Historical Data

* Premium members only.

The historical data trend for Hung Chou Fiber Ind 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.

Hung Chou Fiber Ind Co Operating Income Chart

Hung Chou Fiber Ind Co 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 99.39 84.51 -136.20 -5.24 65.01

Hung Chou Fiber Ind Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 7.03 44.60 12.35 1.03 -14.75
TPE:1413
65GF Score
Hung Chou Fiber Ind Co Ltd TPE:1413
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
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Hung Chou Fiber Ind 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. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was NT$43 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 NT$43 Mil mean?
Hung Chou Fiber Ind Co (TPE:1413) has a Operating Income of NT$43 Mil as of Mar. 2026. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Hung Chou Fiber Ind Co and its competitors.
Is Hung Chou Fiber Ind Co's Operating Income too high?
Hung Chou Fiber Ind Co's current Operating Income is NT$43 Mil. Overall, Hung Chou Fiber Ind Co has a GF Score™ of 65/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hung Chou Fiber Ind Co's Operating Income compare to competitors?
Hung Chou Fiber Ind Co's Operating Income of NT$43 Mil can be compared against companies in the Manufacturing - Apparel & Accessories 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 Manufacturing - Apparel & Accessories company?
A good Operating Income depends on the Manufacturing - Apparel & Accessories 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 Hung Chou Fiber Ind Co and its competitors. Hung Chou Fiber Ind Co's current Operating Income is NT$43 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hung Chou Fiber Ind Co stock overvalued right now?
Based on GuruFocus' analysis, Hung Chou Fiber Ind Co (TPE:1413) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$8.50, compared to a current price of NT$9.40 — trading 10.6% above its estimated fair value. The current Operating Income is NT$43 Mil. Hung Chou Fiber Ind Co's overall GF Score™ is 65/100 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 Hung Chou Fiber Ind Co (TPE:1413), the current Operating Income is NT$43 Mil as of Mar. 2026. 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 Hung Chou Fiber Ind Co (TPE:1413) Overvalued in 2026?

Based on GuruFocus' analysis, Hung Chou Fiber Ind Co stock appears to be overvalued. The current stock price of NT$9.40 is trading 10.6% above its estimated GF Value™ of NT$8.50. GuruFocus considers Hung Chou Fiber Ind Co to be Modestly Overvalued.

Key valuation signals for TPE:1413:

  • Operating Income: NT$43 Mil
  • GF Value™: NT$8.50 vs. price of NT$9.40 (10.6% above fair value)
  • GF Score™: 65/100 with 8 warning signs

No single metric tells the full story. See the TPE:1413 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hung Chou Fiber Ind Co Business Description

Address Ruigang Road, 7th Floor, No. 607, NASDAQ Building, Neihu District, Taipei, TWN
Hung Chou Fiber Ind Co Ltd is a Taiwan-based polyester filament manufacturer. The company manufactures polyester chips, yarn, and finished fabrics. The products of the company are polyester filament, polyester chips, yarn, and others. It is mainly involved in the production and trading of polyester fibers and operates in a single segment. Geographically, a majority of its revenue is derived from Taiwan, while it also has its presence in other countries.
65GF Score

Get the complete analysis for TPE:1413

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

NT$9.40
Price
NT$8.50
GF Value