Inspace Creation Bhd (XKLS:0451) Operating Income: RM-1.45 Mil (TTM As of May. 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:0451 Inspace Creation Bhd XKLS:0451
19 GF Score
Price RM0.21
! 1 Warning Sign
View Full Analysis

What is Inspace Creation Bhd Operating Income?

Inspace Creation Bhd XKLS:0451 19 Operating Income is RM-1.45 Mil as of May. 2026. GuruFocus rates XKLS:0451 with a GF Score™ of 19/100. The stock has 1 warning sign investors should review.

Inspace Creation Bhd's Operating Income for the six months ended in May. 2026 was RM-1.45 Mil. Its Operating Income for the trailing twelve months (TTM) ended in May. 2026 was RM-1.45 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Inspace Creation Bhd's Operating Income for the six months ended in May. 2026 was RM-1.45 Mil. Inspace Creation Bhd's Revenue for the six months ended in May. 2026 was RM21.45 Mil. Therefore, Inspace Creation Bhd's Operating Margin % for the quarter that ended in May. 2026 was -6.76%.

Inspace Creation 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. Inspace Creation Bhd's annualized ROC % for the quarter that ended in May. 2026 was -17.08%. Inspace Creation Bhd's annualized ROC (Joel Greenblatt) % for the quarter that ended in May. 2026 was -93.28%.


Inspace Creation Bhd  (XKLS:0451) Operating Income Explanation

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

Inspace Creation Bhd's annualized ROC % for the quarter that ended in May. 2026 is calculated as:

ROC % (Q: May. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Nov. 2025 ) + Invested Capital (Q: May. 2026 ))/ count )
=-2.9 * ( 1 - 0% )/( (13.725 + 20.234)/ 2 )
=-2.9/16.9795
=-17.08 %

where

Note: The Operating Income data used here is two times the semi-annual (May. 2026) data.

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

Inspace Creation Bhd's annualized ROC (Joel Greenblatt) % for the quarter that ended in May. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: May. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Nov. 2025  Q: May. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-2.79/( ( (2.747 + max(-4.711, 0)) + (2.483 + max(0.752, 0)) )/ 2 )
=-2.79/( ( 2.747 + 3.235 )/ 2 )
=-2.79/2.991
=-93.28 %

where Working Capital is:

Working Capital(Q: Nov. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(10.038 + 0 + 0.0010000000000048) - (12.703 + 0 + 2.047)
=-4.711

Working Capital(Q: May. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(9.39 + 0 + 0) - (8.255 + 0 + 0.383)
=0.752

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (May. 2026) EBIT data.

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

Inspace Creation Bhd's Operating Margin % for the quarter that ended in May. 2026 is calculated as:

Operating Margin %=Operating Income (Q: May. 2026 )/Revenue (Q: May. 2026 )
=-1.45/21.449
=-6.76 %

* 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.


Inspace Creation Bhd Operating Income Related Terms


Inspace Creation Bhd Operating Income Historical Data

* Premium members only.

The historical data trend for Inspace Creation 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.

Inspace Creation Bhd Operating Income Chart

Inspace Creation Bhd Annual Data
Trend Nov22 Nov23 Nov24 Nov25
Operating Income
0.47 2.55 8.06 11.84

Inspace Creation Bhd Semi-Annual Data
Nov22 Nov23 Nov24 Nov25 May26
Operating Income 0.00 0.00 0.00 0.00 -1.45
XKLS:0451
19GF Score
Inspace Creation Bhd XKLS:0451
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Inspace Creation 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 May. 2026 adds up the semi-annually data reported by the company within the most recent 12 months, which was RM-1.45 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-1.45 Mil mean?
Inspace Creation Bhd (XKLS:0451) has a Operating Income of RM-1.45 Mil as of May. 2026. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Inspace Creation Bhd and its competitors.
Is Inspace Creation Bhd's Operating Income too high?
Inspace Creation Bhd's current Operating Income is RM-1.45 Mil. Overall, Inspace Creation Bhd has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does Inspace Creation Bhd's Operating Income compare to PWR and FIX?
Inspace Creation Bhd's Operating Income of RM-1.45 Mil can be compared against companies in the Construction 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 Construction company?
A good Operating Income depends on the Construction 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 Inspace Creation Bhd and its competitors. Inspace Creation Bhd's current Operating Income is RM-1.45 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Inspace Creation Bhd stock overvalued right now?
Inspace Creation Bhd (XKLS:0451) has a current Operating Income of RM-1.45 Mil. The current Operating Income is RM-1.45 Mil. Inspace Creation Bhd's overall GF Score™ is 19/100 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 Inspace Creation Bhd (XKLS:0451), the current Operating Income is RM-1.45 Mil as of May. 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.

Inspace Creation Bhd Business Description

Inspace Creation Bhd is an investment holding company. Through its subsidiaries, the company is principally involved in the provision of interior fitting-out services, which include project planning and management, design conceptualisation and build as well as servicing and maintenance works. The company's offerings include project planning and management, design, construction, and maintenance works. Its services are focused on commercial offices and related spaces. It operates in a single industry segment of interior fitting-out services, including project management. The company's revenue was derived entirely from the provision of interior fitting-out services. Geographically, it operates predominantly in Malaysia.
19GF Score

Get the complete analysis for XKLS:0451

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

RM0.21
Price