Dufu Technology Bhd (XKLS:7233) Operating Income: RM34.6 Mil (TTM As of Mar. 2026)

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XKLS:7233 Dufu Technology Corp Bhd XKLS:7233
73 GF Score
Price RM2.34
GF Value RM1.97
Valuation Modestly Overvalued
! 8 Warning Signs
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What is Dufu Technology Bhd Operating Income?

Dufu Technology Bhd XKLS:7233 -2.50% 73 Operating Income is RM34.6 Mil as of Mar. 2026. GuruFocus rates XKLS:7233 with a GF Score™ of 73/100 and a GF Value™ of RM1.97 (Modestly Overvalued). The stock has 8 warning signs investors should review.

Dufu Technology Bhd's Operating Income for the three months ended in Mar. 2026 was RM10.5 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was RM34.6 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Dufu Technology Bhd's Operating Income for the three months ended in Mar. 2026 was RM10.5 Mil. Dufu Technology Bhd's Revenue for the three months ended in Mar. 2026 was RM76.3 Mil. Therefore, Dufu Technology Bhd's Operating Margin % for the quarter that ended in Mar. 2026 was 13.82%.

Warning Sign:

Dufu Technology Corp Bhd operating margin has been in a 5-year decline. The average rate of decline per year is -2.9%.

Dufu Technology Bhd's 5-Year average Growth Rate for Operating Margin % was -2.90% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Dufu Technology Bhd's annualized ROC % for the quarter that ended in Mar. 2026 was 10.24%. Dufu Technology Bhd's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 19.91%.

Dufu Technology Bhd  (XKLS:7233) Operating Income Explanation

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

Dufu Technology 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 )
=42.16 * ( 1 - 26.07% )/( (306.684 + 302.187)/ 2 )
=31.168888/304.4355
=10.24 %

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))
=448.252 - 28.018 - ( 113.55 - max(0, 53.8 - 259.702+113.55))
=306.684

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))
=457.296 - 44.231 - ( 110.878 - max(0, 54.921 - 269.146+110.878))
=302.187

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

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

Dufu Technology 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 )
=42.04/( ( (103.62 + max(101.986, 0)) + (102.928 + max(113.716, 0)) )/ 2 )
=42.04/( ( 205.606 + 216.644 )/ 2 )
=42.04/211.125
=19.91 %

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)
=(76.332 + 61.759 + 7.014) - (28.018 + 0 + 15.101)
=101.986

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(92.787 + 63.68 + 1.801) - (44.231 + 0 + 0.321)
=113.716

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 %:

Dufu Technology 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 )
=10.54/76.286
=13.82 %

* 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.

Dufu Technology Bhd Operating Income Related Terms

Dufu Technology Bhd Operating Income Historical Data

* Premium members only.

The historical data trend for Dufu Technology 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.

Dufu Technology Bhd Operating Income Chart

Dufu Technology 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 178.46 155.94 93.42 109.84 128.75

Dufu Technology 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 9.81 4.21 12.25 7.62 10.54
XKLS:7233
73GF Score
Dufu Technology Corp Bhd XKLS:7233
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
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Dufu Technology 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 RM34.6 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 RM34.6 Mil mean?
Dufu Technology Bhd (XKLS:7233) has a Operating Income of RM34.6 Mil as of Mar. 2026. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Dufu Technology Bhd and its competitors.
Is Dufu Technology Bhd's Operating Income too high?
Dufu Technology Bhd's current Operating Income is RM34.6 Mil. Overall, Dufu Technology Bhd has a GF Score™ of 73/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Dufu Technology Bhd's Operating Income compare to CRS and ATI?
Dufu Technology Bhd's Operating Income of RM34.6 Mil can be compared against companies in the Industrial Products 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 Industrial Products company?
A good Operating Income depends on the Industrial Products 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 Dufu Technology Bhd and its competitors. Dufu Technology Bhd's current Operating Income is RM34.6 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dufu Technology Bhd stock overvalued right now?
Based on GuruFocus' analysis, Dufu Technology Bhd (XKLS:7233) is currently considered Modestly Overvalued. The stock's GF Value™ is RM1.97, compared to a current price of RM2.34 — trading 18.8% above its estimated fair value. The current Operating Income is RM34.6 Mil. Dufu Technology Bhd's overall GF Score™ is 73/100 with 8 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 Dufu Technology Bhd (XKLS:7233), the current Operating Income is RM34.6 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 Dufu Technology Bhd (XKLS:7233) Overvalued in 2026?

Based on GuruFocus' analysis, Dufu Technology Bhd stock appears to be overvalued. The current stock price of RM2.34 is trading 18.8% above its estimated GF Value™ of RM1.97. GuruFocus considers Dufu Technology Bhd to be Modestly Overvalued.

Key valuation signals for XKLS:7233:

  • Operating Income: RM34.6 Mil
  • GF Value™: RM1.97 vs. price of RM2.34 (18.8% above fair value)
  • GF Score™: 73/100 with 8 warning signs

No single metric tells the full story. See the XKLS:7233 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Dufu Technology Bhd Business Description

Address 19, Hilir Sungai Keluang 2, Taman Perindustrian Bayan Lepas, Phase IV, Bayan Lepas, PNG, MYS, 11900
Dufu Technology Corp Bhd is engaged in the manufacture and sale of industrial products and the trading of computer disk drives related components. It is involved in the design, development, manufacture, assembly, and trade of die components, and precision machining of vice, computer peripherals, and parts for hard disk drives. The Group's product portfolio consists of precision turning products, precision machining products, metal stamping, sheet metal fabrication, tool and die fabrication, and plastic components, among others. It serves the HDD, industrial safety, sensor, telecommunication, computer, and consumer electronics industries. Geographically, the Group generates the majority of its revenue from Thailand and the rest from Malaysia, China, Singapore, and other countries.
73GF Score

Get the complete analysis for XKLS:7233

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

RM2.34
Price
RM1.97
GF Value