Lung Teh Shipbuilding Co (TPE:6753) Operating Income: NT$857 Mil (TTM As of Dec. 2025)

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TPE:6753 Lung Teh Shipbuilding Co Ltd TPE:6753
93 GF Score
Price NT$140.00
GF Value NT$120.21
Valuation Modestly Overvalued
! 4 Warning Signs
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What is Lung Teh Shipbuilding Co Operating Income?

Lung Teh Shipbuilding Co TPE:6753 +1.08% 93 Operating Income is NT$857 Mil as of Dec. 2025. GuruFocus rates TPE:6753 with a GF Score™ of 93/100 and a GF Value™ of NT$120.21 (Modestly Overvalued). The stock has 4 warning signs investors should review.

Lung Teh Shipbuilding Co's Operating Income for the three months ended in Dec. 2025 was NT$269 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2025 was NT$857 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Lung Teh Shipbuilding Co's Operating Income for the three months ended in Dec. 2025 was NT$269 Mil. Lung Teh Shipbuilding Co's Revenue for the three months ended in Dec. 2025 was NT$1,702 Mil. Therefore, Lung Teh Shipbuilding Co's Operating Margin % for the quarter that ended in Dec. 2025 was 15.81%.

Good Sign:

Lung Teh Shipbuilding Co Ltd operating margin is expanding. Margin expansion is usually a good sign.

Lung Teh Shipbuilding Co's 5-Year average Growth Rate for Operating Margin % was 10.70% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Lung Teh Shipbuilding Co's annualized ROC % for the quarter that ended in Dec. 2025 was 10.40%. Lung Teh Shipbuilding Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 29.70%.


Lung Teh Shipbuilding Co  (TPE:6753) Operating Income Explanation

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

Lung Teh Shipbuilding Co'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 )
=1075.788 * ( 1 - 17.65% )/( (8565.286 + 8468.475)/ 2 )
=885.911418/8516.8805
=10.40 %

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))
=10518.208 - 572.082 - ( 3209.793 - max(0, 4370.927 - 5751.767+3209.793))
=8565.286

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))
=11069.773 - 693.559 - ( 3928.736 - max(0, 4323.946 - 6231.685+3928.736))
=8468.475

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

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

Lung Teh Shipbuilding Co'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 )
=1302.88/( ( (4373.756 + max(-1297.419, 0)) + (4399.06 + max(-1973.696, 0)) )/ 2 )
=1302.88/( ( 4373.756 + 4399.06 )/ 2 )
=1302.88/4386.408
=29.70 %

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)
=(52.085 + 1485.38 + 558.357) - (572.082 + 0 + 2821.159)
=-1297.419

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(128.177 + 1101.624 + 685.5) - (693.559 + 0 + 3195.438)
=-1973.696

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 %:

Lung Teh Shipbuilding Co'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 )
=268.947/1701.528
=15.81 %

* 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.


Lung Teh Shipbuilding Co Operating Income Related Terms


Lung Teh Shipbuilding Co Operating Income Historical Data

* Premium members only.

The historical data trend for Lung Teh Shipbuilding 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.

Lung Teh Shipbuilding Co Operating Income Chart

Lung Teh Shipbuilding Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Operating Income
Get a 7-Day Free Trial Premium Member Only 331.54 473.29 804.59 1,005.16 857.20

Lung Teh Shipbuilding Co Quarterly Data
Dec20 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 222.74 197.95 185.83 204.48 268.95
TPE:6753
93GF Score
Lung Teh Shipbuilding Co Ltd TPE:6753
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
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Lung Teh Shipbuilding 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 Dec. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was NT$857 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$857 Mil mean?
Lung Teh Shipbuilding Co (TPE:6753) has a Operating Income of NT$857 Mil as of Dec. 2025. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Lung Teh Shipbuilding Co and its competitors.
Is Lung Teh Shipbuilding Co's Operating Income too high?
Lung Teh Shipbuilding Co's current Operating Income is NT$857 Mil. Overall, Lung Teh Shipbuilding Co has a GF Score™ of 93/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Lung Teh Shipbuilding Co's Operating Income compare to SPCX and GE?
Lung Teh Shipbuilding Co's Operating Income of NT$857 Mil can be compared against companies in the Aerospace & Defense 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 Aerospace & Defense company?
A good Operating Income depends on the Aerospace & Defense 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 Lung Teh Shipbuilding Co and its competitors. Lung Teh Shipbuilding Co's current Operating Income is NT$857 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lung Teh Shipbuilding Co stock overvalued right now?
Based on GuruFocus' analysis, Lung Teh Shipbuilding Co (TPE:6753) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$120.21, compared to a current price of NT$140.00 — trading 16.5% above its estimated fair value. The current Operating Income is NT$857 Mil. Lung Teh Shipbuilding Co's overall GF Score™ is 93/100 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 Lung Teh Shipbuilding Co (TPE:6753), the current Operating Income is NT$857 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.

Is Lung Teh Shipbuilding Co (TPE:6753) Overvalued in 2026?

Based on GuruFocus' analysis, Lung Teh Shipbuilding Co stock appears to be overvalued. The current stock price of NT$140.00 is trading 16.5% above its estimated GF Value™ of NT$120.21. GuruFocus considers Lung Teh Shipbuilding Co to be Modestly Overvalued.

Key valuation signals for TPE:6753:

  • Operating Income: NT$857 Mil
  • GF Value™: NT$120.21 vs. price of NT$140.00 (16.5% above fair value)
  • GF Score™: 93/100 with 4 warning signs

No single metric tells the full story. See the TPE:6753 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Lung Teh Shipbuilding Co Business Description

Address No. 15, Dexing 5th Road, Dongshan Township, Yilan County, TWN, 269
Lung Teh Shipbuilding Co Ltd is engaged in shipbuilding, vessel design, and construction. The company manufactures, maintains, and sells high-performance fast boats. The Company operates in two geographical areas: Taiwan and Singapore. It generates maximum revenue from Taiwan.
93GF Score

Get the complete analysis for TPE:6753

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

NT$140.00
Price
NT$120.21
GF Value