Ahoku Electronic Co (TPE:3002) Operating Income: NT$-58.4 Mil (TTM As of Mar. 2026)

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TPE:3002 Ahoku Electronic Co TPE:3002
67 GF Score
Price NT$15.55
GF Value NT$17.54
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Ahoku Electronic Co Operating Income?

Ahoku Electronic Co TPE:3002 -4.31% 67 Operating Income is NT$-58.4 Mil as of Mar. 2026. GuruFocus rates TPE:3002 with a GF Score™ of 67/100 and a GF Value™ of NT$17.54 (Modestly Undervalued). The stock has 4 warning signs investors should review.

Ahoku Electronic Co's Operating Income for the three months ended in Mar. 2026 was NT$-25.2 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was NT$-58.4 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Ahoku Electronic Co's Operating Income for the three months ended in Mar. 2026 was NT$-25.2 Mil. Ahoku Electronic Co's Revenue for the three months ended in Mar. 2026 was NT$190.9 Mil. Therefore, Ahoku Electronic Co's Operating Margin % for the quarter that ended in Mar. 2026 was -13.18%.

Ahoku Electronic 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. Ahoku Electronic Co's annualized ROC % for the quarter that ended in Mar. 2026 was -12.07%. Ahoku Electronic Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was -8.84%.


Ahoku Electronic Co  (TPE:3002) Operating Income Explanation

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

Ahoku Electronic 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 )
=-100.668 * ( 1 - 36.79% )/( (538.456 + 515.749)/ 2 )
=-63.6322428/527.1025
=-12.07 %

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))
=1894.197 - 143.322 - ( 1212.419 - max(0, 174.504 - 1634.475+1212.419))
=538.456

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))
=1912.41 - 189.721 - ( 1206.94 - max(0, 207.74 - 1651.67+1206.94))
=515.749

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

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

Ahoku Electronic 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 )
=-43.492/( ( (242.281 + max(261.565, 0)) + (243.822 + max(236.704, 0)) )/ 2 )
=-43.492/( ( 503.846 + 480.526 )/ 2 )
=-43.492/492.186
=-8.84 %

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)
=(112.788 + 277.342 + 20.236) - (143.322 + 0 + 5.479)
=261.565

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(134.578 + 273.99 + 24.968) - (189.721 + 0 + 7.111)
=236.704

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 %:

Ahoku Electronic 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 )
=-25.167/190.898
=-13.18 %

* 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.


Ahoku Electronic Co Operating Income Related Terms


Ahoku Electronic Co Operating Income Historical Data

* Premium members only.

The historical data trend for Ahoku Electronic 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.

Ahoku Electronic Co Operating Income Chart

Ahoku Electronic 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 -28.12 1.54 -21.27 -35.44 -43.86

Ahoku Electronic 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 -10.67 -15.89 0.33 -17.63 -25.17
TPE:3002
67GF Score
Ahoku Electronic Co TPE:3002
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
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Ahoku Electronic 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$-58.4 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$-58.4 Mil mean?
Ahoku Electronic Co (TPE:3002) has a Operating Income of NT$-58.4 Mil as of Mar. 2026. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Ahoku Electronic Co and its competitors.
Is Ahoku Electronic Co's Operating Income too high?
Ahoku Electronic Co's current Operating Income is NT$-58.4 Mil. Overall, Ahoku Electronic Co has a GF Score™ of 67/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ahoku Electronic Co's Operating Income compare to VRT and BE?
Ahoku Electronic Co's Operating Income of NT$-58.4 Mil can be compared against companies in the Industrial Products 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 an Industrial Products company?
A good Operating Income depends on the Industrial Products 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 Ahoku Electronic Co and its competitors. Ahoku Electronic Co's current Operating Income is NT$-58.4 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ahoku Electronic Co stock overvalued right now?
Based on GuruFocus' analysis, Ahoku Electronic Co (TPE:3002) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$17.54, compared to a current price of NT$15.55 — trading 11.3% below its estimated fair value. The current Operating Income is NT$-58.4 Mil. Ahoku Electronic Co's overall GF Score™ is 67/100 with 4 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 Ahoku Electronic Co (TPE:3002), the current Operating Income is NT$-58.4 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 Ahoku Electronic Co (TPE:3002) Overvalued in 2026?

Based on GuruFocus' analysis, Ahoku Electronic Co stock appears to be undervalued. The current stock price of NT$15.55 is trading 11.3% below its estimated GF Value™ of NT$17.54. GuruFocus considers Ahoku Electronic Co to be Modestly Undervalued.

Key valuation signals for TPE:3002:

  • Operating Income: NT$-58.4 Mil
  • GF Value™: NT$17.54 vs. price of NT$15.55 (11.3% below fair value)
  • GF Score™: 67/100 with 4 warning signs

No single metric tells the full story. See the TPE:3002 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ahoku Electronic Co Business Description

Address Section 1, No.88, Neihu Road, 5th Floor, Neihu District, Taipei, TWN, 114
Ahoku Electronic Co is a manufacturer of power-related products. The company focuses on electronic and power technology by providing product ranges from Patented Travel Adapter, Voltage Converter/USB Charger/ Surge Protector/ Rack Mount PDU to Smart Power Distribution Unit. The company has reportable segments based on the type of products it offers which include Smart Power Management Devices, Circuit Protection Components, Touch Display and Peripherals of Arcade Games, and Design and Others. The maximum revenue for the company is generated from its Touch Display and Peripherals of Arcade Games segment which is mainly engaged in the trading and import and export of touch display and peripherals of arcade games. Geographically, its key revenue is derived from Taiwan and the rest from China.
67GF Score

Get the complete analysis for TPE:3002

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

NT$15.55
Price
NT$17.54
GF Value