PSP Energy Bhd (XKLS:0383) Operating Income: RM15.6 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:0383 PSP Energy Bhd XKLS:0383
13 GF Score
Price RM0.14
View Full Analysis

What is PSP Energy Bhd Operating Income?

PSP Energy Bhd XKLS:0383 13 Operating Income is RM15.6 Mil as of Mar. 2026. GuruFocus rates XKLS:0383 with a GF Score™ of 13/100.

PSP Energy Bhd's Operating Income for the three months ended in Mar. 2026 was RM10.0 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was RM15.6 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. PSP Energy Bhd's Operating Income for the three months ended in Mar. 2026 was RM10.0 Mil. PSP Energy Bhd's Revenue for the three months ended in Mar. 2026 was RM279.6 Mil. Therefore, PSP Energy Bhd's Operating Margin % for the quarter that ended in Mar. 2026 was 3.57%.

PSP Energy 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. PSP Energy Bhd's annualized ROC % for the quarter that ended in Mar. 2026 was 19.98%. PSP Energy Bhd's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 48.10%.


PSP Energy Bhd  (XKLS:0383) Operating Income Explanation

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

PSP Energy 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 )
=39.88 * ( 1 - 27.36% )/( (149.164 + 140.763)/ 2 )
=28.968832/144.9635
=19.98 %

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))
=309.407 - 72.423 - ( 138.618 - max(0, 176.315 - 264.135+138.618))
=149.164

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))
=299.38 - 65.608 - ( 106.626 - max(0, 159.811 - 252.82+106.626))
=140.763

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

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

PSP Energy 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 )
=45.164/( ( (26.389 + max(53.094, 0)) + (27.718 + max(80.586, 0)) )/ 2 )
=45.164/( ( 79.483 + 108.304 )/ 2 )
=45.164/93.8935
=48.10 %

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)
=(116.167 + 9.35 + 0) - (72.423 + 0 + 0)
=53.094

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(127.048 + 19.122 + 0.023999999999972) - (65.608 + 0 + 0)
=80.586

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 %:

PSP Energy 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 )
=9.97/279.635
=3.57 %

* 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.


PSP Energy Bhd Operating Income Related Terms


PSP Energy Bhd Operating Income Historical Data

* Premium members only.

The historical data trend for PSP Energy 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.

PSP Energy Bhd Operating Income Chart

PSP Energy Bhd Annual Data
Trend Jun22 Jun23 Jun24
Operating Income
22.03 22.47 26.00

PSP Energy Bhd Quarterly Data
Jun22 Jun23 Jun24 Jun25 Dec25 Mar26
Operating Income Get a 7-Day Free Trial 0.00 0.00 0.00 5.63 9.97
XKLS:0383
13GF Score
PSP Energy Bhd XKLS:0383
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PSP Energy 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 RM15.6 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 RM15.6 Mil mean?
PSP Energy Bhd (XKLS:0383) has a Operating Income of RM15.6 Mil as of Mar. 2026. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on PSP Energy Bhd and its competitors.
Is PSP Energy Bhd's Operating Income too high?
PSP Energy Bhd's current Operating Income is RM15.6 Mil. Overall, PSP Energy Bhd has a GF Score™ of 13/100, reflecting its overall financial health beyond just this single metric.
How does PSP Energy Bhd's Operating Income compare to WMB and EPD?
PSP Energy Bhd's Operating Income of RM15.6 Mil can be compared against companies in the Oil & Gas 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 Oil & Gas company?
A good Operating Income depends on the Oil & Gas 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 PSP Energy Bhd and its competitors. PSP Energy Bhd's current Operating Income is RM15.6 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PSP Energy Bhd stock overvalued right now?
PSP Energy Bhd (XKLS:0383) has a current Operating Income of RM15.6 Mil. The current Operating Income is RM15.6 Mil. PSP Energy Bhd's overall GF Score™ is 13/100. 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 PSP Energy Bhd (XKLS:0383), the current Operating Income is RM15.6 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.

PSP Energy Bhd Business Description

Industry EnergyOil & Gas
Address Jalan Udang Galah, Lot 14827, Telok Gong, Port Klang, SGR, MYS, 42000
PSP Energy Bhd is an investment holding company. Through its subsidiaries, the company is principally involved in the trading and distribution of fuel and lubricant products in Malaysia. The company's key business segments are: (i) Trading of fuel products: Purchase and sales of fuel products on a wholesale basis (ii) Distribution of fuel products: Purchase, sales and delivery of fuel products using its own fleet of road tankers and/or bunker vessels (iii) Distribution of lubricant products: Purchase, sales and delivery of third-party and own brands of lubricant products using its own lorries. The company generates the majority of its revenue from the Distribution of fuel products segment. Geographically, it derives the maximum revenue from Malaysia.
13GF Score

Get the complete analysis for XKLS:0383

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

RM0.14
Price