Kuchai Development Bhd (XKLS:2186) Operating Income: RM-0.72 Mil (TTM As of Sep. 2025)

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What is Kuchai Development Bhd Operating Income?

Kuchai Development Bhd XKLS:2186 Operating Income is RM-0.72 Mil as of Sep. 2025. The stock has 4 warning signs investors should review.

Kuchai Development Bhd's Operating Income for the three months ended in Sep. 2025 was RM-0.00 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Sep. 2025 was RM-0.72 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Kuchai Development Bhd's Operating Income for the three months ended in Sep. 2025 was RM-0.00 Mil. Kuchai Development Bhd's Revenue for the three months ended in Sep. 2025 was RM0.46 Mil. Therefore, Kuchai Development Bhd's Operating Margin % for the quarter that ended in Sep. 2025 was -0.87%.

Kuchai Development 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. Kuchai Development Bhd's annualized ROC % for the quarter that ended in Sep. 2025 was -0.05%. Kuchai Development Bhd's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2025 was -0.05%.

Kuchai Development Bhd  (XKLS:2186) Operating Income Explanation

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

Kuchai Development Bhd's annualized ROC % for the quarter that ended in Sep. 2025 is calculated as:

ROC % (Q: Sep. 2025 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2025 ) + Invested Capital (Q: Sep. 2025 ))/ count )
=-0.016 * ( 1 - 0% )/( (62.417 + 6.837)/ 2 )
=-0.016/34.627
=-0.05 %

where

Invested Capital(Q: Jun. 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))
=65.82 - 0.54 - ( 2.863 - max(0, 1.072 - 65.816+2.863))
=62.417

Invested Capital(Q: Sep. 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))
=65.726 - 1.029 - ( 57.86 - max(0, 1.029 - 65.723+57.86))
=6.837

Note: The Operating Income data used here is four times the quarterly (Sep. 2025) data.

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

Kuchai Development Bhd's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2025 is calculated as:

ROC (Joel Greenblatt) %(Q: Sep. 2025 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2025  Q: Sep. 2025
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-0.016/( ( (0.003 + max(61.868, 0)) + (0.003 + max(6.834, 0)) )/ 2 )
=-0.016/( ( 61.871 + 6.837 )/ 2 )
=-0.016/34.354
=-0.05 %

where Working Capital is:

Working Capital(Q: Jun. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 62.94) - (0.54 + 0 + 0.532)
=61.868

Working Capital(Q: Sep. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.936 + 0 + 6.927) - (1.029 + 0 + 0)
=6.834

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Sep. 2025) EBIT data.

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

Kuchai Development Bhd's Operating Margin % for the quarter that ended in Sep. 2025 is calculated as:

Operating Margin %=Operating Income (Q: Sep. 2025 )/Revenue (Q: Sep. 2025 )
=-0.004/0.462
=-0.87 %

* 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.

Kuchai Development Bhd Operating Income Related Terms

Kuchai Development Bhd Operating Income Historical Data

* Premium members only.

The historical data trend for Kuchai Development 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.

Kuchai Development Bhd Operating Income Chart

Kuchai Development Bhd Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Operating Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.10 -96.92 5.76 5.66 2.23

Kuchai Development Bhd Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25
Operating Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.36 -0.76 0.04 0.00 -0.00

Kuchai Development 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 Sep. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was RM-0.72 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-0.72 Mil mean?
Kuchai Development Bhd (XKLS:2186) has a Operating Income of RM-0.72 Mil as of Sep. 2025. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Kuchai Development Bhd and its competitors.
Is Kuchai Development Bhd's Operating Income too high?
Kuchai Development Bhd's current Operating Income is RM-0.72 Mil.
How does Kuchai Development Bhd's Operating Income compare to BLK and BX?
Kuchai Development Bhd's Operating Income of RM-0.72 Mil can be compared against companies in the Asset Management 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 Asset Management company?
A good Operating Income depends on the Asset Management 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 Kuchai Development Bhd and its competitors. Kuchai Development Bhd's current Operating Income is RM-0.72 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kuchai Development Bhd stock overvalued right now?
Kuchai Development Bhd (XKLS:2186) has a current Operating Income of RM-0.72 Mil. The stock's GF Value™ is RM0.09, compared to a current price of RM0.03 — trading 66.7% below its estimated fair value. The current Operating Income is RM-0.72 Mil. 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 Kuchai Development Bhd (XKLS:2186), the current Operating Income is RM-0.72 Mil as of Sep. 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.

Kuchai Development Bhd Business Description

Address Jalan Ibrahim, 8F, 8th Floor, Foh Chong Building, Johor Bahru, JHR, MYS, 80000
Kuchai Development Bhd is a Malaysia-based company that is principally engaged in investment holdings and rental of property. Its investment holdings consist of holdings in domestic and foreign listed equity securities, investment funds, and selected physical commodities. The properties of the company include eight acres of land in Malaysia and a shop-house at Emerald Hill Road, Singapore. It generates revenue in the form of dividend income, rental income, and interest income. Geographically, the derives maximum revenue from its investments in Singapore and the rest from Malaysia.