SIK Cheong Bhd (XKLS:0316) Operating Income: RM4.07 Mil (TTM As of Mar. 2026)

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XKLS:0316 SIK Cheong Bhd XKLS:0316
43 GF Score
Price RM0.13
! 3 Warning Signs
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What is SIK Cheong Bhd Operating Income?

SIK Cheong Bhd XKLS:0316 +4.17% 43 Operating Income is RM4.07 Mil as of Mar. 2026. GuruFocus rates XKLS:0316 with a GF Score™ of 43/100. The stock has 3 warning signs investors should review.

SIK Cheong Bhd's Operating Income for the three months ended in Mar. 2026 was RM0.37 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was RM4.07 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. SIK Cheong Bhd's Operating Income for the three months ended in Mar. 2026 was RM0.37 Mil. SIK Cheong Bhd's Revenue for the three months ended in Mar. 2026 was RM23.90 Mil. Therefore, SIK Cheong Bhd's Operating Margin % for the quarter that ended in Mar. 2026 was 1.53%.

Warning Sign:

SIK Cheong Bhd operating margin has been in a 5-year decline. The average rate of decline per year is -10.2%.

SIK Cheong Bhd's 5-Year average Growth Rate for Operating Margin % was -10.20% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. SIK Cheong Bhd's annualized ROC % for the quarter that ended in Mar. 2026 was 3.06%. SIK Cheong Bhd's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 9.49%.

SIK Cheong Bhd  (XKLS:0316) Operating Income Explanation

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

SIK Cheong 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 )
=1.46 * ( 1 - 41.92% )/( (26.926 + 28.47)/ 2 )
=0.847968/27.698
=3.06 %

where

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))
=49.939 - 1.976 - ( 21.037 - max(0, 2.279 - 30.244+21.037))
=26.926

Invested Capital(Q: Mar. 2026 )
=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))
=50.732 - 2.44 - ( 19.822 - max(0, 2.503 - 30.22+19.822))
=28.47

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

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

SIK Cheong 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 )
=2.508/( ( (19.498 + max(6.382, 0)) + (20.315 + max(6.677, 0)) )/ 2 )
=2.508/( ( 25.88 + 26.992 )/ 2 )
=2.508/26.436
=9.49 %

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)
=(7.307 + 1.285 + 0.052) - (1.976 + 0 + 0.286)
=6.382

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(7.582 + 1.515 + 0.052) - (2.44 + 0 + 0.032)
=6.677

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 %:

SIK Cheong 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 )
=0.365/23.901
=1.53 %

* 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.

SIK Cheong Bhd Operating Income Related Terms

SIK Cheong Bhd Operating Income Historical Data

* Premium members only.

The historical data trend for SIK Cheong 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.

SIK Cheong Bhd Operating Income Chart

SIK Cheong Bhd Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Operating Income
Get a 7-Day Free Trial 3.91 7.35 7.94 1.69 3.82

SIK Cheong Bhd Quarterly Data
Mar21 Mar22 Mar23 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 0.97 1.45 1.38 0.87 0.37
XKLS:0316
43GF Score
SIK Cheong Bhd XKLS:0316
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
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SIK Cheong 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 RM4.07 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 RM4.07 Mil mean?
SIK Cheong Bhd (XKLS:0316) has a Operating Income of RM4.07 Mil as of Mar. 2026. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on SIK Cheong Bhd and its competitors.
Is SIK Cheong Bhd's Operating Income too high?
SIK Cheong Bhd's current Operating Income is RM4.07 Mil. Overall, SIK Cheong Bhd has a GF Score™ of 43/100, reflecting its overall financial health beyond just this single metric.
How does SIK Cheong Bhd's Operating Income compare to KHC and GIS?
SIK Cheong Bhd's Operating Income of RM4.07 Mil can be compared against companies in the Consumer Packaged Goods 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 Consumer Packaged Goods company?
A good Operating Income depends on the Consumer Packaged Goods 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 SIK Cheong Bhd and its competitors. SIK Cheong Bhd's current Operating Income is RM4.07 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SIK Cheong Bhd stock overvalued right now?
SIK Cheong Bhd (XKLS:0316) has a current Operating Income of RM4.07 Mil. The current Operating Income is RM4.07 Mil. SIK Cheong Bhd's overall GF Score™ is 43/100 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 SIK Cheong Bhd (XKLS:0316), the current Operating Income is RM4.07 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.

SIK Cheong Bhd Business Description

Address No. 11, Jalan 6/14, Kampung Tasik Tambahan, Darul Ehsan, Ampang, SGR, MYS, 68000
SIK Cheong Bhd is involved in the repackaging, marketing and distribution of RBD palm olein oil products. Its products include RBD palm olein cooking oil, which are sold under brands, Sawit Emas and Vitamas, or sold unbranded and also sell RBD palm olein lamp oil under brand, Pingat Emas. The company products are consumed and used commercially and in households.
43GF Score

Get the complete analysis for XKLS:0316

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

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