Tanvex BioPharma (TPE:6541) Operating Income: NT$-1,381.7 Mil (TTM As of Dec. 2025)

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TPE:6541 Tanvex BioPharma Inc TPE:6541
48 GF Score
Price NT$38.65
! 4 Warning Signs
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What is Tanvex BioPharma Operating Income?

Tanvex BioPharma TPE:6541 -3.25% 48 Operating Income is NT$-1,381.7 Mil as of Dec. 2025. GuruFocus rates TPE:6541 with a GF Score™ of 48/100. The stock has 4 warning signs investors should review.

Tanvex BioPharma's Operating Income for the three months ended in Dec. 2025 was NT$-361.2 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2025 was NT$-1,381.7 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Tanvex BioPharma's Operating Income for the three months ended in Dec. 2025 was NT$-361.2 Mil. Tanvex BioPharma's Revenue for the three months ended in Dec. 2025 was NT$179.0 Mil. Therefore, Tanvex BioPharma's Operating Margin % for the quarter that ended in Dec. 2025 was -201.86%.

Good Sign:

Tanvex BioPharma Inc operating margin is expanding. Margin expansion is usually a good sign.

Tanvex BioPharma's 5-Year average Growth Rate for Operating Margin % was 72.30% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Tanvex BioPharma's annualized ROC % for the quarter that ended in Dec. 2025 was -21.99%. Tanvex BioPharma's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was -62.93%.


Tanvex BioPharma  (TPE:6541) Operating Income Explanation

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

Tanvex BioPharma'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: Sep. 2025 ) + Invested Capital (Q: Dec. 2025 ))/ count )
=-1444.908 * ( 1 - -0% )/( (6386.192 + 6755.701)/ 2 )
=-1444.908/6570.9465
=-21.99 %

where

Invested Capital(Q: Sep. 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))
=8175.141 - 421.737 - ( 1393.044 - max(0, 694.375 - 2061.587+1393.044))
=6386.192

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))
=7961.134 - 507.911 - ( 878.709 - max(0, 799.66 - 1497.182+878.709))
=6755.701

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

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

Tanvex BioPharma'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: Sep. 2025  Q: Dec. 2025
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-1636.912/( ( (2358.676 + max(83.003, 0)) + (2760.887 + max(-62.589, 0)) )/ 2 )
=-1636.912/( ( 2441.679 + 2760.887 )/ 2 )
=-1636.912/2601.283
=-62.93 %

where Working Capital is:

Working Capital(Q: Sep. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(100.303 + 399.615 + 104.373) - (421.737 + 0 + 99.551)
=83.003

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(30.2 + 416.478 + 78.761) - (507.911 + 0 + 80.117)
=-62.589

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Dec. 2025) EBIT data.

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

Tanvex BioPharma'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 )
=-361.227/178.953
=-201.86 %

* 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.


Tanvex BioPharma Operating Income Related Terms


Tanvex BioPharma Operating Income Historical Data

* Premium members only.

The historical data trend for Tanvex BioPharma'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.

Tanvex BioPharma Operating Income Chart

Tanvex BioPharma 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 -1,599.18 -1,605.52 -2,100.75 -1,356.74 -1,381.72

Tanvex BioPharma Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 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 -277.43 -396.35 -338.00 -286.15 -361.23
TPE:6541
48GF Score
Tanvex BioPharma Inc TPE:6541
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
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Tanvex BioPharma 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 quarterly data reported by the company within the most recent 12 months, which was NT$-1,381.7 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$-1,381.7 Mil mean?
Tanvex BioPharma (TPE:6541) has a Operating Income of NT$-1,381.7 Mil as of Dec. 2025. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Tanvex BioPharma and its competitors.
Is Tanvex BioPharma's Operating Income too high?
Tanvex BioPharma's current Operating Income is NT$-1,381.7 Mil. Overall, Tanvex BioPharma has a GF Score™ of 48/100, reflecting its overall financial health beyond just this single metric.
How does Tanvex BioPharma's Operating Income compare to VRTX and REGN?
Tanvex BioPharma's Operating Income of NT$-1,381.7 Mil can be compared against companies in the Biotechnology 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 Biotechnology company?
A good Operating Income depends on the Biotechnology 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 Tanvex BioPharma and its competitors. Tanvex BioPharma's current Operating Income is NT$-1,381.7 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tanvex BioPharma stock overvalued right now?
Tanvex BioPharma (TPE:6541) has a current Operating Income of NT$-1,381.7 Mil. The current Operating Income is NT$-1,381.7 Mil. Tanvex BioPharma's overall GF Score™ is 48/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Operating Income calculated?
Operating Income is calculated from a company's financial statements. For Tanvex BioPharma (TPE:6541), the current Operating Income is NT$-1,381.7 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.

Tanvex BioPharma Business Description

Address No. 12-2, Shengyi Road, Section 2, 6th Floor, Hsinchu County, Zhubei, TWN, 106
Tanvex BioPharma Inc is a biopharmaceutical company. It is engaged in the research, development, manufacture, and sale of biosimilar products and contract development and manufacturing of biological medicine. The company's products are used to cure diseases such as Neutropenia, Breast Cancer, Metastatic Colorectal Cancer, and others. Geographically, the company operates in Asia, America, Europe, and Australia. The company generates a majority of its revenue from the USA.
48GF Score

Get the complete analysis for TPE:6541

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

NT$38.65
Price