Ju Teng International Holdings (TPE:9136) Operating Income: NT$-1,209 Mil (TTM As of Dec. 2025)

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TPE:9136 Ju Teng International Holdings Ltd TPE:9136
44 GF Score
Price NT$11.50
GF Value NT$3.54
Valuation Significantly Overvalued
! 3 Warning Signs
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What is Ju Teng International Holdings Operating Income?

Ju Teng International Holdings TPE:9136 +1.77% 44 Operating Income is NT$-1,209 Mil as of Dec. 2025. GuruFocus rates TPE:9136 with a GF Score™ of 44/100 and a GF Value™ of NT$3.54 (Significantly Overvalued). The stock has 3 warning signs investors should review.

Ju Teng International Holdings's Operating Income for the six months ended in Dec. 2025 was NT$-374 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2025 was NT$-1,209 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Ju Teng International Holdings's Operating Income for the six months ended in Dec. 2025 was NT$-374 Mil. Ju Teng International Holdings's Revenue for the six months ended in Dec. 2025 was NT$12,155 Mil. Therefore, Ju Teng International Holdings's Operating Margin % for the quarter that ended in Dec. 2025 was -3.08%.

Ju Teng International Holdings'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. Ju Teng International Holdings's annualized ROC % for the quarter that ended in Dec. 2025 was -2.22%. Ju Teng International Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was -12.46%.


Ju Teng International Holdings  (TPE:9136) Operating Income Explanation

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

Ju Teng International Holdings'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: Jun. 2025 ) + Invested Capital (Q: Dec. 2025 ))/ count )
=-747.848 * ( 1 - 0% )/( (32409.788 + 34835.251)/ 2 )
=-747.848/33622.5195
=-2.22 %

where

Invested Capital(Q: Jun. 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))
=40316.697 - 7402.798 - ( 4378.472 - max(0, 17887.52 - 18391.631+4378.472))
=32409.788

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))
=41690.585 - 6204.361 - ( 4001.041 - max(0, 19438.958 - 20089.931+4001.041))
=34835.251

Note: The Operating Income data used here is two times the semi-annual (Dec. 2025) data.

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

Ju Teng International Holdings'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: Jun. 2025  Q: Dec. 2025
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-3511.484/( ( (21856.404 + max(5766.041, 0)) + (21442.043 + max(7292.794, 0)) )/ 2 )
=-3511.484/( ( 27622.445 + 28734.837 )/ 2 )
=-3511.484/28178.641
=-12.46 %

where Working Capital is:

Working Capital(Q: Jun. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(8210.145 + 4306.296 + 652.399) - (7402.798 + 0 + 0.0010000000002037)
=5766.041

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(9701.685 + 5310.151 + 571.443) - (6204.361 + 0 + 2086.124)
=7292.794

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Dec. 2025) EBIT data.

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

Ju Teng International Holdings'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 )
=-373.924/12154.5
=-3.08 %

* 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.


Ju Teng International Holdings Operating Income Related Terms


Ju Teng International Holdings Operating Income Historical Data

* Premium members only.

The historical data trend for Ju Teng International Holdings'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.

Ju Teng International Holdings Operating Income Chart

Ju Teng International Holdings 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 1,158.55 -857.94 -473.27 -2,150.54 -1,265.38

Ju Teng International Holdings Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 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 375.96 -553.66 -1,590.88 -835.01 -373.92
TPE:9136
44GF Score
Ju Teng International Holdings Ltd TPE:9136
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
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Ju Teng International Holdings 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 semi-annually data reported by the company within the most recent 12 months, which was NT$-1,209 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$-1,209 Mil mean?
Ju Teng International Holdings (TPE:9136) has a Operating Income of NT$-1,209 Mil as of Dec. 2025. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Ju Teng International Holdings and its competitors.
Is Ju Teng International Holdings' Operating Income too high?
Ju Teng International Holdings' current Operating Income is NT$-1,209 Mil. Overall, Ju Teng International Holdings has a GF Score™ of 44/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ju Teng International Holdings' Operating Income compare to DELL and ANET?
Ju Teng International Holdings' Operating Income of NT$-1,209 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 Ju Teng International Holdings and its competitors. Ju Teng International Holdings's current Operating Income is NT$-1,209 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ju Teng International Holdings stock overvalued right now?
Based on GuruFocus' analysis, Ju Teng International Holdings (TPE:9136) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$3.54, compared to a current price of NT$11.50 — trading 224.9% above its estimated fair value. The current Operating Income is NT$-1,209 Mil. Ju Teng International Holdings' overall GF Score™ is 44/100 with 3 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 Ju Teng International Holdings (TPE:9136), the current Operating Income is NT$-1,209 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 Ju Teng International Holdings (TPE:9136) Overvalued in 2026?

Based on GuruFocus' analysis, Ju Teng International Holdings stock appears to be overvalued. The current stock price of NT$11.50 is trading 224.9% above its estimated GF Value™ of NT$3.54. GuruFocus considers Ju Teng International Holdings to be Significantly Overvalued.

Key valuation signals for TPE:9136:

  • Operating Income: NT$-1,209 Mil
  • GF Value™: NT$3.54 vs. price of NT$11.50 (224.9% above fair value)
  • GF Score™: 44/100 with 3 warning signs

No single metric tells the full story. See the TPE:9136 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ju Teng International Holdings Business Description

Other Exchanges 03336:Hong KongJTI:Germany
Address 1 Connaught Place, Suites 3311-3312, Jardine House, Central, Hong Kong, HKG
Ju Teng International Holdings Ltd is a Hong Kong-based manufacturer of computer, communication, and consumer electronics. Its main product line consists of casings for notebooks, televisions, and mobile products. The firm offers structural design, surface treatment, mold design, and volume manufacturing services. The company operates in one business which is manufacture and sale of casings for notebook computer and handheld devices. Its technological capabilities include plastic injection, high-strength metal stamping, and surface coating technologies. Geographically, it derives the majority of its revenue from the PRC.
44GF Score

Get the complete analysis for TPE:9136

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

NT$11.50
Price
NT$3.54
GF Value