Saliran Group Bhd (XKLS:0346) Operating Income: RM23.6 Mil (TTM As of Mar. 2026)

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XKLS:0346 Saliran Group Bhd XKLS:0346
12 GF Score
Price RM0.19
! 1 Warning Sign
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What is Saliran Group Bhd Operating Income?

Saliran Group Bhd XKLS:0346 +2.70% 12 Operating Income is RM23.6 Mil as of Mar. 2026. GuruFocus rates XKLS:0346 with a GF Score™ of 12/100. The stock has 1 warning sign investors should review.

Saliran Group Bhd's Operating Income for the three months ended in Mar. 2026 was RM6.3 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was RM23.6 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Saliran Group Bhd's Operating Income for the three months ended in Mar. 2026 was RM6.3 Mil. Saliran Group Bhd's Revenue for the three months ended in Mar. 2026 was RM113.4 Mil. Therefore, Saliran Group Bhd's Operating Margin % for the quarter that ended in Mar. 2026 was 5.58%.

Saliran Group 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. Saliran Group Bhd's annualized ROC % for the quarter that ended in Mar. 2026 was 10.95%. Saliran Group Bhd's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 23.58%.

Saliran Group Bhd  (XKLS:0346) Operating Income Explanation

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

Saliran Group 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 )
=25.3 * ( 1 - 34.08% )/( (153.678 + 150.874)/ 2 )
=16.67776/152.276
=10.95 %

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))
=242.482 - 24.198 - ( 80.187 - max(0, 137.626 - 202.232+80.187))
=153.678

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))
=259.289 - 41.427 - ( 101.436 - max(0, 152.189 - 219.177+101.436))
=150.874

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

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

Saliran Group 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 )
=25.3/( ( (22.518 + max(94.553, 0)) + (22.433 + max(75.074, 0)) )/ 2 )
=25.3/( ( 117.071 + 97.507 )/ 2 )
=25.3/107.289
=23.58 %

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)
=(73.848 + 19.51 + 27.259) - (24.198 + 0 + 1.866)
=94.553

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(91.23 + 25.271 + -2.8421709430404E-14) - (41.427 + 0 + 0)
=75.074

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 %:

Saliran Group 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 )
=6.325/113.36
=5.58 %

* 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.

Saliran Group Bhd Operating Income Related Terms

Saliran Group Bhd Operating Income Historical Data

* Premium members only.

The historical data trend for Saliran Group 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.

Saliran Group Bhd Operating Income Chart

Saliran Group Bhd Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Operating Income
7.83 13.21 21.15 24.80 21.48

Saliran Group Bhd Quarterly Data
Dec21 Dec22 Dec23 Aug24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Operating Income Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.16 4.33 8.90 4.04 6.33
XKLS:0346
12GF Score
Saliran Group Bhd XKLS:0346
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
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Saliran Group 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 RM23.6 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 RM23.6 Mil mean?
Saliran Group Bhd (XKLS:0346) has a Operating Income of RM23.6 Mil as of Mar. 2026. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Saliran Group Bhd and its competitors.
Is Saliran Group Bhd's Operating Income too high?
Saliran Group Bhd's current Operating Income is RM23.6 Mil. Overall, Saliran Group Bhd has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Saliran Group Bhd's Operating Income compare to NUE and STLD?
Saliran Group Bhd's Operating Income of RM23.6 Mil can be compared against companies in the Steel 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 Steel company?
A good Operating Income depends on the Steel 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 Saliran Group Bhd and its competitors. Saliran Group Bhd's current Operating Income is RM23.6 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Saliran Group Bhd stock overvalued right now?
Saliran Group Bhd (XKLS:0346) has a current Operating Income of RM23.6 Mil. The current Operating Income is RM23.6 Mil. Saliran Group Bhd's overall GF Score™ is 12/100 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 Saliran Group Bhd (XKLS:0346), the current Operating Income is RM23.6 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.

Saliran Group Bhd Business Description

Address No. 14 & 16, Jalan Industri PBP 5, Taman Perindustrian Pusat, Bandar Puchong, Puchong, SGR, MYS, 47100
Saliran Group Bhd is involved in the supply and distribution of pipes, fittings, flanges, and related parts and accessories, as well as steel products, where its products are used in the oil and gas industry. It also manufactures fittings and flanges to complement its supply and distribution business. Its products are Pipes, fittings and flanges as well as related parts and accessories, which are used for the transfer of fluid and gaseous substances in production and refining/processing activities; and Steel products, which include steel beams, steel bars, steel plates and steel sections which are used as structural support for the installation of its pipes, fittings and flanges and/or for the construction of process plants. It derives the majority of its revenue from the Trading segment.
12GF Score

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

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