Jaya Tiasa Holdings Bhd (XKLS:4383) Operating Income: RM141 Mil (TTM As of Mar. 2026)

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XKLS:4383 Jaya Tiasa Holdings Bhd XKLS:4383
78 GF Score
Price RM1.13
GF Value RM1.15
Valuation Fairly Valued
! 2 Warning Signs
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What is Jaya Tiasa Holdings Bhd Operating Income?

Jaya Tiasa Holdings Bhd XKLS:4383 +0.89% 78 Operating Income is RM141 Mil as of Mar. 2026. GuruFocus rates XKLS:4383 with a GF Score™ of 78/100 and a GF Value™ of RM1.15 (Fairly Valued). The stock has 2 warning signs investors should review.

Jaya Tiasa Holdings Bhd's Operating Income for the three months ended in Mar. 2026 was RM-4 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was RM141 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Jaya Tiasa Holdings Bhd's Operating Income for the three months ended in Mar. 2026 was RM-4 Mil. Jaya Tiasa Holdings Bhd's Revenue for the three months ended in Mar. 2026 was RM232 Mil. Therefore, Jaya Tiasa Holdings Bhd's Operating Margin % for the quarter that ended in Mar. 2026 was -1.70%.

Good Sign:

Jaya Tiasa Holdings Bhd operating margin is expanding. Margin expansion is usually a good sign.

Jaya Tiasa Holdings Bhd's 5-Year average Growth Rate for Operating Margin % was 34.70% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Jaya Tiasa Holdings Bhd's annualized ROC % for the quarter that ended in Mar. 2026 was 0.00%. Jaya Tiasa Holdings Bhd's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 0.11%.


Jaya Tiasa Holdings Bhd  (XKLS:4383) Operating Income Explanation

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

Jaya Tiasa Holdings 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 )
=-15.776 * ( 1 - 100% )/( (1544.793 + 1547.57)/ 2 )
=-0/1546.1815
=0.00 %

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))
=2064.994 - 123.038 - ( 397.163 - max(0, 123.467 - 578.684+397.163))
=1544.793

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))
=1984.638 - 87.424 - ( 349.644 - max(0, 87.683 - 513.576+349.644))
=1547.57

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

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

Jaya Tiasa Holdings 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 )
=1.42/( ( (1273.423 + max(58.483, 0)) + (1254.351 + max(76.508, 0)) )/ 2 )
=1.42/( ( 1331.906 + 1330.859 )/ 2 )
=1.42/1331.3825
=0.11 %

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)
=(52.249 + 119.664 + 9.6079999999999) - (123.038 + 0 + 0)
=58.483

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(39.065 + 112.887 + 11.98) - (87.424 + 0 + 0)
=76.508

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 %:

Jaya Tiasa Holdings 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 )
=-3.944/232.257
=-1.70 %

* 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.


Jaya Tiasa Holdings Bhd Operating Income Related Terms


Jaya Tiasa Holdings Bhd Operating Income Historical Data

* Premium members only.

The historical data trend for Jaya Tiasa 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.

Jaya Tiasa Holdings Bhd Operating Income Chart

Jaya Tiasa Holdings 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 145.89 220.40 188.29 242.08 268.44

Jaya Tiasa Holdings Bhd Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 48.57 -9.17 68.14 85.87 -3.94
XKLS:4383
78GF Score
Jaya Tiasa Holdings Bhd XKLS:4383
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
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Jaya Tiasa 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.

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 RM141 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 RM141 Mil mean?
Jaya Tiasa Holdings Bhd (XKLS:4383) has a Operating Income of RM141 Mil as of Mar. 2026. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Jaya Tiasa Holdings Bhd and its competitors.
Is Jaya Tiasa Holdings Bhd's Operating Income too high?
Jaya Tiasa Holdings Bhd's current Operating Income is RM141 Mil. Overall, Jaya Tiasa Holdings Bhd has a GF Score™ of 78/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Jaya Tiasa Holdings Bhd's Operating Income compare to ADM and BG?
Jaya Tiasa Holdings Bhd's Operating Income of RM141 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 Jaya Tiasa Holdings Bhd and its competitors. Jaya Tiasa Holdings Bhd's current Operating Income is RM141 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jaya Tiasa Holdings Bhd stock overvalued right now?
Based on GuruFocus' analysis, Jaya Tiasa Holdings Bhd (XKLS:4383) is currently considered Fairly Valued. The stock's GF Value™ is RM1.15, compared to a current price of RM1.13 — trading 1.7% below its estimated fair value. The current Operating Income is RM141 Mil. Jaya Tiasa Holdings Bhd's overall GF Score™ is 78/100 with 2 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 Jaya Tiasa Holdings Bhd (XKLS:4383), the current Operating Income is RM141 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.

Is Jaya Tiasa Holdings Bhd (XKLS:4383) Overvalued in 2026?

Based on GuruFocus' analysis, Jaya Tiasa Holdings Bhd stock appears to be undervalued. The current stock price of RM1.13 is trading 1.7% below its estimated GF Value™ of RM1.15. GuruFocus considers Jaya Tiasa Holdings Bhd to be Fairly Valued.

Key valuation signals for XKLS:4383:

  • Operating Income: RM141 Mil
  • GF Value™: RM1.15 vs. price of RM1.13 (1.7% below fair value)
  • GF Score™: 78/100 with 2 warning signs

No single metric tells the full story. See the XKLS:4383 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Jaya Tiasa Holdings Bhd Business Description

Address No.1-9, Pusat Suria Permata, Lorong Upper Lanang 10A, Sibu, SWK, MYS, 96000
Jaya Tiasa Holdings Bhd is an investment holding company engaged in the development of oil palm plantations. The group's business activities are divided into several segments, including oil palm, oil mill, timber, and others. Through its subsidiaries, the company manufactures products such as sawn timber, blockboard, plywood, veneer, and related items. Additionally, the firm provides air transportation services and continues to develop oil palm plantations. The majority of the group's revenue is derived from its oil mill operations.
78GF Score

Get the complete analysis for XKLS:4383

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

RM1.13
Price
RM1.15
GF Value