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Berjaya Land Bhd (XKLS:4219) Operating Income : RM277 Mil (TTM As of Dec. 2024)


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What is Berjaya Land Bhd Operating Income?

Berjaya Land Bhd's Operating Income for the three months ended in Dec. 2024 was RM110 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2024 was RM277 Mil.

Warning Sign:

Berjaya Land Bhd has recorded a loss in operating income at least once over the past 3 years.

Operating Margin % is calculated as Operating Income divided by its Revenue. Berjaya Land Bhd's Operating Income for the three months ended in Dec. 2024 was RM110 Mil. Berjaya Land Bhd's Revenue for the three months ended in Dec. 2024 was RM1,738 Mil. Therefore, Berjaya Land Bhd's Operating Margin % for the quarter that ended in Dec. 2024 was 6.30%.

Good Sign:

Berjaya Land Bhd operating margin is expanding. Margin expansion is usually a good sign.

Berjaya Land Bhd's 5-Year average Growth Rate for Operating Margin % was 31.50% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Berjaya Land Bhd's annualized ROC % for the quarter that ended in Dec. 2024 was -0.72%. Berjaya Land Bhd's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was 10.94%.


Berjaya Land Bhd Operating Income Historical Data

The historical data trend for Berjaya Land 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.

* Premium members only.

Berjaya Land Bhd Operating Income Chart

Berjaya Land Bhd Annual Data
Trend Apr14 Apr15 Apr16 Apr17 Apr18 Jun20 Jun21 Jun22 Jun23 Jun24
Operating Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.91 71.23 167.03 306.58 314.20

Berjaya Land Bhd Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 55.32 80.13 21.86 65.52 109.59

Berjaya Land 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 Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was RM277 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.


Berjaya Land Bhd  (XKLS:4219) Operating Income Explanation

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

Berjaya Land Bhd's annualized ROC % for the quarter that ended in Dec. 2024 is calculated as:

ROC % (Q: Dec. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2024 ) + Invested Capital (Q: Dec. 2024 ))/ count )
=438.368 * ( 1 - 120.85% )/( (12545.852 + 12773.278)/ 2 )
=-91.399728/12659.565
=-0.72 %

where

Invested Capital(Q: Sep. 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))
=14250.076 - 1528.374 - ( 1179.82 - max(0, 3665.56 - 3841.41+1179.82))
=12545.852

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))
=14851.488 - 1722.513 - ( 1160.666 - max(0, 3838.291 - 4193.988+1160.666))
=12773.278

Note: The Operating Income data used here is four times the quarterly (Dec. 2024) data.

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

Berjaya Land Bhd's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2024  Q: Dec. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=493.56/( ( (3620.025 + max(747.969, 0)) + (3727.522 + max(923.826, 0)) )/ 2 )
=493.56/( ( 4367.994 + 4651.348 )/ 2 )
=493.56/4509.671
=10.94 %

where Working Capital is:

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1725.476 + 858.318 + 46.132) - (1528.374 + 0 + 353.583)
=747.969

Working Capital(Q: Dec. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1829.548 + 1155.389 + 24.648) - (1722.513 + 0 + 363.246)
=923.826

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Dec. 2024) EBIT data.

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

Berjaya Land Bhd's Operating Margin % for the quarter that ended in Dec. 2024 is calculated as:

Operating Margin %=Operating Income (Q: Dec. 2024 )/Revenue (Q: Dec. 2024 )
=109.592/1738.219
=6.30 %

* 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.


Berjaya Land Bhd Operating Income Related Terms

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Berjaya Land Bhd Business Description

Traded in Other Exchanges
N/A
Address
No. 1 Jalan Imbi, Level 12 (East Wing), Berjaya Times Square, Kuala Lumpur, SGR, MYS, 55100
Berjaya Land Bhd engages in investment holding and the provision of management services. Its core business segment includes Toto betting and related activities; property development and property investment; hotels and resorts; motor vehicle dealership; and clubs, recreation, and others. It is also engaged in building contractors and civil engineering works and related services, development, manufacturing, distribution of computerized wagering and voting systems and provision of software support. Among all of its segments, a substantial portion of the group's revenue comes from motor vehicle dealerships followed by toto betting activities in Malaysia and Outside Malaysia.

Berjaya Land Bhd Headlines

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