D&O Green Technologies Bhd (XKLS:7204) Operating Income: RM-334.2 Mil (TTM As of Mar. 2026)

What is D&O Green Technologies Bhd Operating Income?

D&O Green Technologies Bhd XKLS:7204 +1.59% 60 Operating Income is RM-334.2 Mil as of Mar. 2026. GuruFocus rates XKLS:7204 with a GF Score™ of 60/100 and a GF Value™ of RM1.83 (Possible Value Trap). The stock has 6 warning signs investors should review.

D&O Green Technologies Bhd's Operating Income for the three months ended in Mar. 2026 was RM-60.6 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was RM-334.2 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. D&O Green Technologies Bhd's Operating Income for the three months ended in Mar. 2026 was RM-60.6 Mil. D&O Green Technologies Bhd's Revenue for the three months ended in Mar. 2026 was RM225.5 Mil. Therefore, D&O Green Technologies Bhd's Operating Margin % for the quarter that ended in Mar. 2026 was -26.87%.

Warning Sign:

D&O Green Technologies Bhd operating margin has been in a 5-year decline. The average rate of decline per year is -14.6%.

D&O Green Technologies Bhd's 5-Year average Growth Rate for Operating Margin % was -14.60% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. D&O Green Technologies Bhd's annualized ROC % for the quarter that ended in Mar. 2026 was -24.85%. D&O Green Technologies Bhd's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was -30.16%.

D&O Green Technologies Bhd (XKLS:7204) Operating Income Explanation

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

D&O Green Technologies 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 )
=	-242.432 * ( 1 - 0% )	/	( (1013.742	+	937.64)	/ 2 )
=	-242.432	/	975.691
=	-24.85 %

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	))
=	1457.086	-	234.556	-	( 232.103	-	max(0, 613.194	-	821.982	+	232.103	))
=	1013.742

	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	))
=	1337.184	-	249.514	-	( 194.402	-	max(0, 579.602	-	729.632	+	194.402	))
=	937.64

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

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

D&O Green Technologies 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 )
=	-242.432	/	( ( (515 + max(326.308, 0))	+	(491.713 + max(274.837, 0)) )	/	2 )
=	-242.432	/	( ( 841.308	+	766.55 )	/	2 )
=	-242.432	/	803.929
=	-30.16 %

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)
=	(231.092	+	332.61	+	22.313)	-	(234.556	+	0	+	25.151)
=	326.308

	Working Capital		(Q: Mar. 2026 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(218.188	+	299.184	+	6.9789999999999)	-	(249.514	+	0	+	-1.1368683772162E-13)
=	274.837

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 %:

D&O Green Technologies 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 )
	=	-60.608	/	225.525
	=	-26.87 %

* 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.

D&O Green Technologies Bhd Operating Income Related Terms

D&O Green Technologies Bhd Operating Income Historical Data

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The historical data trend for D&O Green Technologies Bhd's Operating Income can be seen below:

D&O Green Technologies Bhd Operating Income Chart

D&O Green Technologies Bhd Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

Operating Income

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185.26

188.27

139.73

137.05

88.51

D&O Green Technologies 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															5.45	5.87	-242.86	-36.62	-60.61

60GF Score

D&O Green Technologies Bhd XKLS:7204

Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.

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D&O Green Technologies 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 RM-334.2 Mil.

Frequently Asked Questions Learn more about Operating Income →

What does a Operating Income of RM-334.2 Mil mean?

D&O Green Technologies Bhd (XKLS:7204) has a Operating Income of RM-334.2 Mil as of Mar. 2026. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on D&O Green Technologies Bhd and its competitors.

Is D&O Green Technologies Bhd's Operating Income too high?

D&O Green Technologies Bhd's current Operating Income is RM-334.2 Mil. Overall, D&O Green Technologies Bhd has a GF Score™ of 60/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.

How does D&O Green Technologies Bhd's Operating Income compare to AMAT and LRCX?

D&O Green Technologies Bhd's Operating Income of RM-334.2 Mil can be compared against companies in the Semiconductors 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 Semiconductors company?

A good Operating Income depends on the Semiconductors 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 D&O Green Technologies Bhd and its competitors. D&O Green Technologies Bhd's current Operating Income is RM-334.2 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is D&O Green Technologies Bhd stock overvalued right now?

Based on GuruFocus' analysis, D&O Green Technologies Bhd (XKLS:7204) is currently considered Possible Value Trap. The stock's GF Value™ is RM1.83, compared to a current price of RM0.32 — trading 82.5% below its estimated fair value. The current Operating Income is RM-334.2 Mil. D&O Green Technologies Bhd's overall GF Score™ is 60/100 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 D&O Green Technologies Bhd (XKLS:7204), the current Operating Income is RM-334.2 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 D&O Green Technologies Bhd (XKLS:7204) Overvalued in 2026?

Based on GuruFocus' analysis, D&O Green Technologies Bhd stock appears to be undervalued. The current stock price of RM0.32 is trading 82.5% below its estimated GF Value™ of RM1.83. GuruFocus considers D&O Green Technologies Bhd to be Possible Value Trap.

Key valuation signals for XKLS:7204:

Operating Income: RM-334.2 Mil
GF Value™: RM1.83 vs. price of RM0.32 (82.5% below fair value)
GF Score™: 60/100 with 6 warning signs

No single metric tells the full story. See the XKLS:7204 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

D&O Green Technologies Bhd Business Description

Industry Technology Semiconductors

Comparable Companies XKLS:0146 XKLS:5277 XKLS:0181 XKLS:0272 XKLS:0090 XKLS:0120 XKLS:0113 XKLS:4359 XKLS:5302 XAMS:ASML AMAT LRCX KLAC TSE:8035 TSE:6857 SZSE:002371 TER SHSE:688012 XAMS:ASM TSE:6146

Address Free Trade Zone, Phase III, Lot 6, Batu Berendam, Melaka, MLA, MYS, 75350

Website https://www.do.com.my

D&O Green Technologies Bhd, along with its subsidiaries, is involved in the manufacturing and merchandising of semiconductor components such as surface mount technology and light-emitting diodes for the automotive industry. It is also involved in the development of semiconductor application technology, installation, electronic components, electrical equipment for lighting, electronic display screens, and lighting fittings. The business operates in one segment, which is the Semiconductor Industry. Geographically, the company earns maximum revenue from Asia, and the rest from Europe, North America, and Other countries.

60GF Score

Get the complete analysis for XKLS:7204

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

RM0.32

Price

RM1.83

GF Value

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