Ubiqconn Technology (TPE:6928) Operating Income: NT$-113 Mil (TTM As of Dec. 2025)

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TPE:6928 Ubiqconn Technology Inc TPE:6928
50 GF Score
Price NT$48.70
GF Value NT$38.55
Valuation Modestly Overvalued
! 1 Warning Sign
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What is Ubiqconn Technology Operating Income?

Ubiqconn Technology TPE:6928 -3.56% 50 Operating Income is NT$-113 Mil as of Dec. 2025. GuruFocus rates TPE:6928 with a GF Score™ of 50/100 and a GF Value™ of NT$38.55 (Modestly Overvalued). The stock has 1 warning sign investors should review.

Ubiqconn Technology's Operating Income for the three months ended in Dec. 2025 was NT$-78 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2025 was NT$-113 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Ubiqconn Technology's Operating Income for the three months ended in Dec. 2025 was NT$-78 Mil. Ubiqconn Technology's Revenue for the three months ended in Dec. 2025 was NT$341 Mil. Therefore, Ubiqconn Technology's Operating Margin % for the quarter that ended in Dec. 2025 was -22.82%.

Ubiqconn Technology'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. Ubiqconn Technology's annualized ROC % for the quarter that ended in Dec. 2025 was -25.19%. Ubiqconn Technology's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was -51.76%.


Ubiqconn Technology  (TPE:6928) Operating Income Explanation

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

Ubiqconn Technology'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 )
=-310.92 * ( 1 - 25.89% )/( (950.057 + 879.317)/ 2 )
=-230.422812/914.687
=-25.19 %

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))
=2745.233 - 469.207 - ( 1325.969 - max(0, 586.779 - 2350.634+1325.969))
=950.057

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))
=2649.398 - 428.326 - ( 1341.755 - max(0, 538.806 - 2249.795+1341.755))
=879.317

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

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

Ubiqconn Technology'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 )
=-289.4/( ( (150.893 + max(438.138, 0)) + (144.888 + max(384.308, 0)) )/ 2 )
=-289.4/( ( 589.031 + 529.196 )/ 2 )
=-289.4/559.1135
=-51.76 %

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)
=(333.205 + 613.232 + 33.133) - (469.207 + 0 + 72.225)
=438.138

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(185.87 + 657.15 + 34.418) - (428.326 + 0 + 64.804)
=384.308

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 %:

Ubiqconn Technology'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 )
=-77.73/340.677
=-22.82 %

* 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.


Ubiqconn Technology Operating Income Related Terms


Ubiqconn Technology Operating Income Historical Data

* Premium members only.

The historical data trend for Ubiqconn Technology'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.

Ubiqconn Technology Operating Income Chart

Ubiqconn Technology Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Operating Income
Get a 7-Day Free Trial 104.86 208.25 300.79 -146.84 -112.72

Ubiqconn Technology Quarterly Data
Dec19 Dec20 Dec21 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 -45.48 15.73 -13.76 -36.97 -77.73
TPE:6928
50GF Score
Ubiqconn Technology Inc TPE:6928
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
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Ubiqconn Technology 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$-113 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$-113 Mil mean?
Ubiqconn Technology (TPE:6928) has a Operating Income of NT$-113 Mil as of Dec. 2025. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Ubiqconn Technology and its competitors.
Is Ubiqconn Technology's Operating Income too high?
Ubiqconn Technology's current Operating Income is NT$-113 Mil. Overall, Ubiqconn Technology has a GF Score™ of 50/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ubiqconn Technology's Operating Income compare to DELL and ANET?
Ubiqconn Technology's Operating Income of NT$-113 Mil can be compared against companies in the Hardware 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 Hardware company?
A good Operating Income depends on the Hardware 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 Ubiqconn Technology and its competitors. Ubiqconn Technology's current Operating Income is NT$-113 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ubiqconn Technology stock overvalued right now?
Based on GuruFocus' analysis, Ubiqconn Technology (TPE:6928) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$38.55, compared to a current price of NT$48.70 — trading 26.3% above its estimated fair value. The current Operating Income is NT$-113 Mil. Ubiqconn Technology's overall GF Score™ is 50/100 with 1 warning sign 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 Ubiqconn Technology (TPE:6928), the current Operating Income is NT$-113 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 Ubiqconn Technology (TPE:6928) Overvalued in 2026?

Based on GuruFocus' analysis, Ubiqconn Technology stock appears to be overvalued. The current stock price of NT$48.70 is trading 26.3% above its estimated GF Value™ of NT$38.55. GuruFocus considers Ubiqconn Technology to be Modestly Overvalued.

Key valuation signals for TPE:6928:

  • Operating Income: NT$-113 Mil
  • GF Value™: NT$38.55 vs. price of NT$48.70 (26.3% above fair value)
  • GF Score™: 50/100 with 1 warning sign

No single metric tells the full story. See the TPE:6928 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ubiqconn Technology Business Description

Address No.300, Yangguang Street, 4th Floor, Neihu District, Taipei City, TWN, 11491
Ubiqconn Technology Inc is predominantly engaged in the manufacturing and trading of industrial computers, in-vehicle products, electronic components, and peripheral equipment. Geographically, the company generates a majority of its revenue from the United States, Netherlands, Brazil, Taiwan, Australia, and other regions.
50GF Score

Get the complete analysis for TPE:6928

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

NT$48.70
Price
NT$38.55
GF Value