ULNV (Porter Holding International) Operating Income: $-0.83 Mil (TTM As of Mar. 2022)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

ULNV Porter Holding International Inc ULNV
12 GF Score
Price $1.60
View Full Analysis

What is Porter Holding International Operating Income?

Porter Holding International ULNV 12 Operating Income is $-0.83 Mil as of Mar. 2022. GuruFocus rates ULNV with a GF Score™ of 12/100.

Porter Holding International's Operating Income for the three months ended in Mar. 2022 was $-0.18 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2022 was $-0.83 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Porter Holding International's Operating Income for the three months ended in Mar. 2022 was $-0.18 Mil. Porter Holding International's Revenue for the three months ended in Mar. 2022 was $0.03 Mil. Therefore, Porter Holding International's Operating Margin % for the quarter that ended in Mar. 2022 was -696.15%.

Porter Holding International'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. Porter Holding International's annualized ROC % for the quarter that ended in Mar. 2022 was -78.65%. Porter Holding International's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2022 was -247.95%.

Porter Holding International  (OTCPK:ULNV) Operating Income Explanation

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

Porter Holding International's annualized ROC % for the quarter that ended in Mar. 2022 is calculated as:

ROC % (Q: Mar. 2022 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2021 ) + Invested Capital (Q: Mar. 2022 ))/ count )
=-0.724 * ( 1 - 0% )/( (0.908 + 0.933)/ 2 )
=-0.724/0.9205
=-78.65 %

where

Invested Capital(Q: Dec. 2021 )
=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))
=0.803 - 3.221 - ( 0.031 - max(0, 3.764 - 0.438+0.031))
=0.908

Invested Capital(Q: Mar. 2022 )
=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))
=0.82 - 3.397 - ( 0.109 - max(0, 4.031 - 0.521+0.109))
=0.933

Note: The Operating Income data used here is four times the quarterly (Mar. 2022) data.

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

Porter Holding International's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2022 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2022 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2021  Q: Mar. 2022
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-0.724/( ( (0.324 + max(-3.432, 0)) + (0.26 + max(-3.712, 0)) )/ 2 )
=-0.724/( ( 0.324 + 0.26 )/ 2 )
=-0.724/0.292
=-247.95 %

where Working Capital is:

Working Capital(Q: Dec. 2021 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.001 + 0 + 0.028) - (3.221 + 0.24 + -4.4408920985006E-16)
=-3.432

Working Capital(Q: Mar. 2022 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0.006 + 0.029) - (3.397 + 0.35 + 0)
=-3.712

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2022) EBIT data.

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

Porter Holding International's Operating Margin % for the quarter that ended in Mar. 2022 is calculated as:

Operating Margin %=Operating Income (Q: Mar. 2022 )/Revenue (Q: Mar. 2022 )
=-0.181/0.026
=-696.15 %

* 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.

Porter Holding International Operating Income Related Terms

Porter Holding International Operating Income Historical Data

* Premium members only.

The historical data trend for Porter Holding International'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.

Porter Holding International Operating Income Chart

Porter Holding International Annual Data
Trend Feb14 Feb15 Feb16 Feb17 Dec18 Dec19 Dec20 Dec21
Operating Income
Get a 7-Day Free Trial -0.01 1.39 -0.68 -2.26 -0.94

Porter Holding International Quarterly Data
Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22
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 -0.29 -0.27 -0.20 -0.18 -0.18
ULNV
12GF Score
Porter Holding International Inc ULNV
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Porter Holding International 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. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.83 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 $-0.83 Mil mean?
Porter Holding International (ULNV) has a Operating Income of $-0.83 Mil as of Mar. 2022. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Porter Holding International and its competitors.
Is Porter Holding International's Operating Income too high?
Porter Holding International's current Operating Income is $-0.83 Mil. Overall, Porter Holding International has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Porter Holding International's Operating Income compare to FC and RGP?
Porter Holding International's Operating Income of $-0.83 Mil can be compared against companies in the Education 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 Education company?
A good Operating Income depends on the Education 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 Porter Holding International and its competitors. Porter Holding International's current Operating Income is $-0.83 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Porter Holding International stock overvalued right now?
Porter Holding International (ULNV) has a current Operating Income of $-0.83 Mil. The current Operating Income is $-0.83 Mil. Porter Holding International's overall GF Score™ is 12/100. 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 Porter Holding International (ULNV), the current Operating Income is $-0.83 Mil as of Mar. 2022. 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.

Porter Holding International Business Description

Address No. 2010, Renmin South Road, 36th Floor, Shenzhen Development Center, Luohu District, Guangdong, Shenzhen, CHN, 518001
Porter Holding International Inc focuses its business as an O2O (Online to Offline) business platform operator covering both online E-commerce and offline commercial chain entity of three-dimensional synchronous operation together with integrated comprehensive services for merchant clients, service income from organizing and delivering an event and forum, and third-party payment service. The company also provides investment and corporate management consulting services to its clients.
12GF Score

Get the complete analysis for ULNV

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

$1.60
Price