Whitman Holdings Bhd (XKLS:03070) Operating Income: RM Mil (TTM As of Dec. 2024)

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XKLS:03070 Whitman Holdings Bhd XKLS:03070
17 GF Score
Price RM0.15
! 1 Warning Sign
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What is Whitman Holdings Bhd Operating Income?

Whitman Holdings Bhd XKLS:03070 17 Operating Income is RM Mil as of Dec. 2024. GuruFocus rates XKLS:03070 with a GF Score™ of 17/100. The stock has 1 warning sign investors should review.

Whitman Holdings Bhd's Operating Income for the six months ended in Dec. 2024 was RM2.21 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Whitman Holdings Bhd's Operating Income for the six months ended in Dec. 2024 was RM2.21 Mil. Whitman Holdings Bhd's Revenue for the six months ended in Dec. 2024 was RM11.17 Mil. Therefore, Whitman Holdings Bhd's Operating Margin % for the quarter that ended in Dec. 2024 was 19.78%.

Whitman Holdings Bhd'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. Whitman Holdings Bhd's annualized ROC % for the quarter that ended in Dec. 2024 was 80.40%. Whitman Holdings Bhd's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was 329.60%.

Whitman Holdings Bhd  (XKLS:03070) Operating Income Explanation

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

Whitman Holdings Bhd's annualized ROC % for the quarter that ended in Dec. 2024 is calculated as:

ROC % (Q: Dec. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2023 ) + Invested Capital (Q: Dec. 2024 ))/ count )
=2.21 * ( 1 - 25.11% )/( (2.507 + 1.61)/ 2 )
=1.655069/2.0585
=80.40 %

where

Invested Capital(Q: Dec. 2023 )
=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))
=4.993 - 1.353 - ( 1.133 - max(0, 2.192 - 3.661+1.133))
=2.507

Invested Capital(Q: Dec. 2024 )
=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))
=4.422 - 1.6 - ( 1.262 - max(0, 2.446 - 3.658+1.262))
=1.61

Note: The Operating Income data used here is one times the annual (Dec. 2024) data.

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

Whitman Holdings Bhd's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2023  Q: Dec. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=2.21/( ( (0.537 + max(-0.081, 0)) + (0.753 + max(0.050999999999999, 0)) )/ 2 )
=2.21/( ( 0.537 + 0.804 )/ 2 )
=2.21/0.6705
=329.60 %

where Working Capital is:

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1.752 + 0 + 0.211) - (1.353 + 0 + 0.691)
=-0.081

Working Capital(Q: Dec. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(2.109 + 0 + 0.208) - (1.6 + 0 + 0.666)
=0.050999999999999

When net working capital is negative, 0 is used.

Note: The EBIT data used here is one times the annual (Dec. 2024) EBIT data.

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

Whitman Holdings Bhd's Operating Margin % for the quarter that ended in Dec. 2024 is calculated as:

Operating Margin %=Operating Income (Q: Dec. 2024 )/Revenue (Q: Dec. 2024 )
=2.21/11.173
=19.78 %

* 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.

Whitman Holdings Bhd Operating Income Related Terms

Whitman Holdings Bhd Operating Income Historical Data

* Premium members only.

The historical data trend for Whitman 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.

Whitman Holdings Bhd Operating Income Chart

Whitman Holdings Bhd Annual Data
Trend Dec23 Dec24
Operating Income
1.84 2.21

Whitman Holdings Bhd Semi-Annual Data
Dec23 Dec24
Operating Income 1.84 2.21
XKLS:03070
17GF Score
Whitman Holdings Bhd XKLS:03070
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
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Whitman 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.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Operating Income for the trailing twelve months (TTM) ended in Dec. 2024 was RM 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 RM Mil mean?
Whitman Holdings Bhd (XKLS:03070) has a Operating Income of RM Mil as of Dec. 2024. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Whitman Holdings Bhd and its competitors.
Is Whitman Holdings Bhd's Operating Income too high?
Whitman Holdings Bhd's current Operating Income is RM Mil. Overall, Whitman Holdings Bhd has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Whitman Holdings Bhd's Operating Income compare to BLK and BX?
Whitman Holdings Bhd's Operating Income of RM Mil can be compared against companies in the Asset Management 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 Asset Management company?
A good Operating Income depends on the Asset Management 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 Whitman Holdings Bhd and its competitors. Whitman Holdings Bhd's current Operating Income is RM Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Whitman Holdings Bhd stock overvalued right now?
Whitman Holdings Bhd (XKLS:03070) has a current Operating Income of RM Mil. The current Operating Income is RM Mil. Whitman Holdings Bhd's overall GF Score™ is 17/100 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 Whitman Holdings Bhd (XKLS:03070), the current Operating Income is RM Mil as of Dec. 2024. 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.

Whitman Holdings Bhd Business Description

Address Jalan PJU 1/42, No. 17-2, Block E1, Dataran Prima, Petaling Jaya, SGR, MYS, 47301
Whitman Holdings Bhd is an investment holding company. Through its subsidiaries, the company is principally involved in the provision of holistic financial planning solutions focusing on retirement planning. The company's core advisory services consist of advisory and consultation services and dealing in securities (UTS and PRS). It also provides insurance consulting services and will-writing services as part of its complementary services. The company derives the majority of revenue from the provision of its Core advisory services, prominently from the dealing in securities (UTS and PRS) services. Geographically, it operates within Malaysia.
17GF Score

Get the complete analysis for XKLS:03070

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

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