Wentel Engineering Holdings Bhd (XKLS:0298) Operating Income: RM23.1 Mil (TTM As of Mar. 2026)

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.

XKLS:0298 Wentel Engineering Holdings Bhd XKLS:0298
47 GF Score
Price RM0.27
! 1 Warning Sign
View Full Analysis

What is Wentel Engineering Holdings Bhd Operating Income?

Wentel Engineering Holdings Bhd XKLS:0298 47 Operating Income is RM23.1 Mil as of Mar. 2026. GuruFocus rates XKLS:0298 with a GF Score™ of 47/100. The stock has 1 warning sign investors should review.

Wentel Engineering Holdings Bhd's Operating Income for the three months ended in Mar. 2026 was RM3.2 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was RM23.1 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Wentel Engineering Holdings Bhd's Operating Income for the three months ended in Mar. 2026 was RM3.2 Mil. Wentel Engineering Holdings Bhd's Revenue for the three months ended in Mar. 2026 was RM31.8 Mil. Therefore, Wentel Engineering Holdings Bhd's Operating Margin % for the quarter that ended in Mar. 2026 was 10.09%.

Good Sign:

Wentel Engineering Holdings Bhd operating margin is expanding. Margin expansion is usually a good sign.

Wentel Engineering Holdings Bhd's 5-Year average Growth Rate for Operating Margin % was 15.30% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Wentel Engineering Holdings Bhd's annualized ROC % for the quarter that ended in Mar. 2026 was 5.57%. Wentel Engineering Holdings Bhd's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 11.23%.


Wentel Engineering Holdings Bhd  (XKLS:0298) Operating Income Explanation

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

Wentel Engineering Holdings Bhd's annualized ROC % for the quarter that ended in Mar. 2026 is calculated as:

ROC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=12.832 * ( 1 - 26.19% )/( (170.698 + 169.285)/ 2 )
=9.4712992/169.9915
=5.57 %

where

Note: The Operating Income data used here is four times the quarterly (Mar. 2026) data.

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

Wentel Engineering Holdings Bhd's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=14.904/( ( (118.787 + max(46.756, 0)) + (52.639 + max(47.26, 0)) )/ 2 )
=14.904/( ( 165.543 + 99.899 )/ 2 )
=14.904/132.721
=11.23 %

where Working Capital is:

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(34.307 + 23.954 + 7.782) - (14.132 + 0 + 5.155)
=46.756

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(32.692 + 25.814 + 0) - (11.246 + 0 + -1.7763568394003E-15)
=47.26

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

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

Wentel Engineering Holdings Bhd's Operating Margin % for the quarter that ended in Mar. 2026 is calculated as:

Operating Margin %=Operating Income (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=3.208/31.786
=10.09 %

* 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.


Wentel Engineering Holdings Bhd Operating Income Related Terms


Wentel Engineering Holdings Bhd Operating Income Historical Data

* Premium members only.

The historical data trend for Wentel Engineering Holdings Bhd'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.

Wentel Engineering Holdings Bhd Operating Income Chart

Wentel Engineering Holdings Bhd Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Operating Income
Get a 7-Day Free Trial 17.15 24.06 17.16 18.96 29.99

Wentel Engineering Holdings Bhd Quarterly Data
Dec20 Dec21 Dec22 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 7.30 6.12 7.78 6.03 3.21
XKLS:0298
47GF Score
Wentel Engineering Holdings Bhd XKLS:0298
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Wentel Engineering Holdings Bhd 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. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was RM23.1 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 RM23.1 Mil mean?
Wentel Engineering Holdings Bhd (XKLS:0298) has a Operating Income of RM23.1 Mil as of Mar. 2026. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Wentel Engineering Holdings Bhd and its competitors.
Is Wentel Engineering Holdings Bhd's Operating Income too high?
Wentel Engineering Holdings Bhd's current Operating Income is RM23.1 Mil. Overall, Wentel Engineering Holdings Bhd has a GF Score™ of 47/100, reflecting its overall financial health beyond just this single metric.
How does Wentel Engineering Holdings Bhd's Operating Income compare to CRS and ATI?
Wentel Engineering Holdings Bhd's Operating Income of RM23.1 Mil can be compared against companies in the Industrial Products 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 Industrial Products company?
A good Operating Income depends on the Industrial Products 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 Wentel Engineering Holdings Bhd and its competitors. Wentel Engineering Holdings Bhd's current Operating Income is RM23.1 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wentel Engineering Holdings Bhd stock overvalued right now?
Wentel Engineering Holdings Bhd (XKLS:0298) has a current Operating Income of RM23.1 Mil. The current Operating Income is RM23.1 Mil. Wentel Engineering Holdings Bhd's overall GF Score™ is 47/100 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 Wentel Engineering Holdings Bhd (XKLS:0298), the current Operating Income is RM23.1 Mil as of Mar. 2026. 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.

Wentel Engineering Holdings Bhd Business Description

Address No. 11, Jalan Gagah, Kawasan Perindustrian Larkin, Johor Bahru, JHR, MYS, 80350
Wentel Engineering Holdings Bhd is engaged in the fabrication of semifinished metal products, the fabrication of metal parts, and the assembly of finished products. Fabrication of semifinished metal products includes fabricating metal bodies and accessories to be used in security screening equipment and CNC machines. Fabrication of metal parts includes support blocks, brackets, panels, cover plates, cable covers, housings, channels, and tunnels, and Assembly of finished products involves the integration of electrical, electronic, and mechanical components to produce fully operational walk-through metal detectors. Maximum revenue is generated from the fabrication of semifinished metal products.
47GF Score

Get the complete analysis for XKLS:0298

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

RM0.27
Price