HSS Holdings Bhd (XKLS:0460) Operating Income: RM10.5 Mil (TTM As of Dec. 2025)

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XKLS:0460 HSS Holdings Bhd XKLS:0460
15 GF Score
Price RM0.16
! 6 Warning Signs
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What is HSS Holdings Bhd Operating Income?

HSS Holdings Bhd XKLS:0460 -3.03% 15 Operating Income is RM10.5 Mil as of Dec. 2025. GuruFocus rates XKLS:0460 with a GF Score™ of 15/100. The stock has 6 warning signs investors should review.

HSS Holdings Bhd's Operating Income for the six months ended in Dec. 2025 was RM10.5 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2025 was RM10.5 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. HSS Holdings Bhd's Operating Income for the six months ended in Dec. 2025 was RM10.5 Mil. HSS Holdings Bhd's Revenue for the six months ended in Dec. 2025 was RM144.4 Mil. Therefore, HSS Holdings Bhd's Operating Margin % for the quarter that ended in Dec. 2025 was 7.24%.

HSS 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. HSS Holdings Bhd's annualized ROC % for the quarter that ended in Dec. 2025 was 10.33%. HSS Holdings Bhd's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 25.44%.

HSS Holdings Bhd  (XKLS:0460) Operating Income Explanation

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

HSS Holdings Bhd's annualized ROC % for the quarter that ended in Dec. 2025 is calculated as:

ROC % (Q: Dec. 2025 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2024 ) + Invested Capital (Q: Dec. 2025 ))/ count )
=10.463 * ( 1 - 27.64% )/( (74.841 + 71.678)/ 2 )
=7.5710268/73.2595
=10.33 %

where

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))
=114.856 - 38.212 - ( 13.504 - max(0, 63.379 - 65.182+13.504))
=74.841

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))
=117.027 - 33.317 - ( 19.152 - max(0, 58.131 - 70.163+19.152))
=71.678

Note: The Operating Income data used here is one times the annual (Dec. 2025) data.

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

HSS Holdings Bhd's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2025 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2024  Q: Dec. 2025
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=14.103/( ( (46.543 + max(8.304, 0)) + (44.079 + max(11.931, 0)) )/ 2 )
=14.103/( ( 54.847 + 56.01 )/ 2 )
=14.103/55.4285
=25.44 %

where Working Capital is:

Working Capital(Q: Dec. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(41.627 + 7.728 + 2.31) - (38.212 + 0 + 5.149)
=8.304

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(34.449 + 13.515 + 0.083999999999989) - (33.317 + 0 + 2.8)
=11.931

When net working capital is negative, 0 is used.

Note: The EBIT data used here is one times the annual (Dec. 2025) EBIT data.

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

HSS Holdings Bhd's Operating Margin % for the quarter that ended in Dec. 2025 is calculated as:

Operating Margin %=Operating Income (Q: Dec. 2025 )/Revenue (Q: Dec. 2025 )
=10.463/144.442
=7.24 %

* 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.

HSS Holdings Bhd Operating Income Related Terms

HSS Holdings Bhd Operating Income Historical Data

* Premium members only.

The historical data trend for HSS 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.

HSS Holdings Bhd Operating Income Chart

HSS Holdings Bhd Annual Data
Trend Dec22 Dec23 Dec24 Dec25
Operating Income
9.85 8.90 11.87 10.46

HSS Holdings Bhd Semi-Annual Data
Dec22 Dec23 Dec24 Dec25
Operating Income 9.85 8.90 11.87 10.46
XKLS:0460
15GF Score
HSS Holdings Bhd XKLS:0460
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
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HSS 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. 2025 was RM10.5 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 RM10.5 Mil mean?
HSS Holdings Bhd (XKLS:0460) has a Operating Income of RM10.5 Mil as of Dec. 2025. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on HSS Holdings Bhd and its competitors.
Is HSS Holdings Bhd's Operating Income too high?
HSS Holdings Bhd's current Operating Income is RM10.5 Mil. Overall, HSS Holdings Bhd has a GF Score™ of 15/100, reflecting its overall financial health beyond just this single metric.
How does HSS Holdings Bhd's Operating Income compare to KHC and GIS?
HSS Holdings Bhd's Operating Income of RM10.5 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 HSS Holdings Bhd and its competitors. HSS Holdings Bhd's current Operating Income is RM10.5 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is HSS Holdings Bhd stock overvalued right now?
HSS Holdings Bhd (XKLS:0460) has a current Operating Income of RM10.5 Mil. The current Operating Income is RM10.5 Mil. HSS Holdings Bhd's overall GF Score™ is 15/100 with 6 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 HSS Holdings Bhd (XKLS:0460), the current Operating Income is RM10.5 Mil as of Dec. 2025. 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.

HSS Holdings Bhd Business Description

Address Jalan Parit Hulu, 17386, Parit Raja Sari, Bukit Bakri, Muar, JHR, MYS, 84200
HSS Holdings Bhd is an investment holding company. Through its subsidiaries, the company is principally involved in the sourcing of bakery products, trading of bakery and other products and manufacturing of bakery products. Its offerings include Biscuits and cookies, Cakes, and Snacks. The products are supplied to over 3,500 retail outlets across Malaysia, including supermarkets and hypermarkets. The company's business segments include: Sourcing, Trading, and Manufacturing. The majority of revenue is derived from the Sourcing segment. Geographically, it exports to Singapore, Indonesia, and Australia, and the maximum revenue is generated from Malaysia.
15GF 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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