Leong Hup International Bhd (XKLS:6633) Operating Income: RM945 Mil (TTM As of Mar. 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:6633 Leong Hup International Bhd XKLS:6633
66 GF Score
Price RM0.77
GF Value RM0.63
Valuation Modestly Overvalued
! 4 Warning Signs
View Full Analysis

What is Leong Hup International Bhd Operating Income?

Leong Hup International Bhd XKLS:6633 +0.65% 66 Operating Income is RM945 Mil as of Mar. 2026. GuruFocus rates XKLS:6633 with a GF Score™ of 66/100 and a GF Value™ of RM0.63 (Modestly Overvalued). The stock has 4 warning signs investors should review.

Leong Hup International Bhd's Operating Income for the three months ended in Mar. 2026 was RM206 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was RM945 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Leong Hup International Bhd's Operating Income for the three months ended in Mar. 2026 was RM206 Mil. Leong Hup International Bhd's Revenue for the three months ended in Mar. 2026 was RM2,264 Mil. Therefore, Leong Hup International Bhd's Operating Margin % for the quarter that ended in Mar. 2026 was 9.10%.

Good Sign:

Leong Hup International Bhd operating margin is expanding. Margin expansion is usually a good sign.

Leong Hup International Bhd's 5-Year average Growth Rate for Operating Margin % was 23.80% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Leong Hup International Bhd's annualized ROC % for the quarter that ended in Mar. 2026 was 12.78%. Leong Hup International Bhd's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 18.67%.


Leong Hup International Bhd  (XKLS:6633) Operating Income Explanation

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

Leong Hup International 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 )
=823.864 * ( 1 - 22.41% )/( (5073.157 + 4932.943)/ 2 )
=639.2360776/5003.05
=12.78 %

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))
=6539.08 - 487.687 - ( 978.236 - max(0, 1979.79 - 3191.674+978.236))
=5073.157

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))
=6659.585 - 762.175 - ( 964.467 - max(0, 2108.076 - 3261.463+964.467))
=4932.943

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

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

Leong Hup International 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 )
=824.244/( ( (2952.296 + max(1444.379, 0)) + (3161.928 + max(1271.909, 0)) )/ 2 )
=824.244/( ( 4396.675 + 4433.837 )/ 2 )
=824.244/4415.256
=18.67 %

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)
=(591.321 + 1360.29 + 213.506) - (487.687 + 0 + 233.051)
=1444.379

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(591.575 + 1435.262 + 8.154) - (762.175 + 0 + 0.90700000000015)
=1271.909

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 %:

Leong Hup International 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 )
=205.966/2264.457
=9.10 %

* 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.


Leong Hup International Bhd Operating Income Related Terms


Leong Hup International Bhd Operating Income Historical Data

* Premium members only.

The historical data trend for Leong Hup International 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.

Leong Hup International Bhd Operating Income Chart

Leong Hup International Bhd Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Operating Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 252.33 464.03 746.89 918.18 915.77

Leong Hup International 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 184.64 180.82 229.50 328.97 205.97
XKLS:6633
66GF Score
Leong Hup International Bhd XKLS:6633
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Leong Hup International 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 RM945 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 RM945 Mil mean?
Leong Hup International Bhd (XKLS:6633) has a Operating Income of RM945 Mil as of Mar. 2026. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Leong Hup International Bhd and its competitors.
Is Leong Hup International Bhd's Operating Income too high?
Leong Hup International Bhd's current Operating Income is RM945 Mil. Overall, Leong Hup International Bhd has a GF Score™ of 66/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Leong Hup International Bhd's Operating Income compare to ADM and BG?
Leong Hup International Bhd's Operating Income of RM945 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 Leong Hup International Bhd and its competitors. Leong Hup International Bhd's current Operating Income is RM945 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Leong Hup International Bhd stock overvalued right now?
Based on GuruFocus' analysis, Leong Hup International Bhd (XKLS:6633) is currently considered Modestly Overvalued. The stock's GF Value™ is RM0.63, compared to a current price of RM0.77 — trading 22.2% above its estimated fair value. The current Operating Income is RM945 Mil. Leong Hup International Bhd's overall GF Score™ is 66/100 with 4 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 Leong Hup International Bhd (XKLS:6633), the current Operating Income is RM945 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 Leong Hup International Bhd (XKLS:6633) Overvalued in 2026?

Based on GuruFocus' analysis, Leong Hup International Bhd stock appears to be overvalued. The current stock price of RM0.77 is trading 22.2% above its estimated GF Value™ of RM0.63. GuruFocus considers Leong Hup International Bhd to be Modestly Overvalued.

Key valuation signals for XKLS:6633:

  • Operating Income: RM945 Mil
  • GF Value™: RM0.63 vs. price of RM0.77 (22.2% above fair value)
  • GF Score™: 66/100 with 4 warning signs

No single metric tells the full story. See the XKLS:6633 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Leong Hup International Bhd Business Description

Address 3rd Floor, Wisma Westcourt, Number 126, Jalan Kelang Lama, Wilayah Persekutuan, Kuala Lumpur, SGR, MYS, 58000
Leong Hup International Bhd is principally engaged in investment holding. The Group is involved in the production and distribution of breeder and broiler day-old-chick, broiler chickens, eggs, animal feeds, animal health products, consumer food products, and the sale of food and beverages. Its operations are mainly involved in the Feedmill business and Livestock business. The Group operates through two segments: Livestock and poultry-related products, which generate maximum revenue, and Feedmill, which is engaged in the manufacturing and trading of animal feeds. Geographically, the Group operates in Malaysia, Singapore, Indonesia, Vietnam, and the Philippines, with Indonesia generating the maximum revenue.
66GF Score

Get the complete analysis for XKLS:6633

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

RM0.77
Price
RM0.63
GF Value