Yinson Holdings Bhd (XKLS:7293) Operating Income: RM2,684 Mil (TTM As of Apr. 2026)

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XKLS:7293 Yinson Holdings Bhd XKLS:7293
65 GF Score
Price RM1.85
GF Value RM1.43
Valuation Modestly Overvalued
! 7 Warning Signs
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What is Yinson Holdings Bhd Operating Income?

Yinson Holdings Bhd XKLS:7293 65 Operating Income is RM2,684 Mil as of Apr. 2026. GuruFocus rates XKLS:7293 with a GF Score™ of 65/100 and a GF Value™ of RM1.43 (Modestly Overvalued). The stock has 7 warning signs investors should review.

Yinson Holdings Bhd's Operating Income for the three months ended in Apr. 2026 was RM525 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Apr. 2026 was RM2,684 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Yinson Holdings Bhd's Operating Income for the three months ended in Apr. 2026 was RM525 Mil. Yinson Holdings Bhd's Revenue for the three months ended in Apr. 2026 was RM1,049 Mil. Therefore, Yinson Holdings Bhd's Operating Margin % for the quarter that ended in Apr. 2026 was 50.05%.

Good Sign:

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

Yinson Holdings Bhd's 5-Year average Growth Rate for Operating Margin % was 8.90% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Yinson Holdings Bhd's annualized ROC % for the quarter that ended in Apr. 2026 was 5.92%. Yinson Holdings Bhd's annualized ROC (Joel Greenblatt) % for the quarter that ended in Apr. 2026 was 48.68%.

Yinson Holdings Bhd  (XKLS:7293) Operating Income Explanation

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

Yinson Holdings Bhd's annualized ROC % for the quarter that ended in Apr. 2026 is calculated as:

ROC % (Q: Apr. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jan. 2026 ) + Invested Capital (Q: Apr. 2026 ))/ count )
=2100 * ( 1 - 31.48% )/( (24715 + 23937)/ 2 )
=1438.92/24326
=5.92 %

where

Invested Capital(Q: Jan. 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))
=29182 - 363 - ( 5339 - max(0, 4165 - 8269+5339))
=24715

Invested Capital(Q: Apr. 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))
=28893 - 848 - ( 4997 - max(0, 3807 - 7915+4997))
=23937

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

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

Yinson Holdings Bhd's annualized ROC (Joel Greenblatt) % for the quarter that ended in Apr. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Apr. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jan. 2026  Q: Apr. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=2296/( ( (3387 + max(1202, 0)) + (3513 + max(1331, 0)) )/ 2 )
=2296/( ( 4589 + 4844 )/ 2 )
=2296/4716.5
=48.68 %

where Working Capital is:

Working Capital(Q: Jan. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(986 + 63 + 1709) - (363 + 0 + 1193)
=1202

Working Capital(Q: Apr. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1024 + 90 + 1713) - (848 + 0 + 648)
=1331

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Apr. 2026) EBIT data.

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

Yinson Holdings Bhd's Operating Margin % for the quarter that ended in Apr. 2026 is calculated as:

Operating Margin %=Operating Income (Q: Apr. 2026 )/Revenue (Q: Apr. 2026 )
=525/1049
=50.05 %

* 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.

Yinson Holdings Bhd Operating Income Related Terms

Yinson Holdings Bhd Operating Income Historical Data

* Premium members only.

The historical data trend for Yinson 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.

Yinson Holdings Bhd Operating Income Chart

Yinson Holdings Bhd Annual Data
Trend Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
Operating Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,061.00 1,491.00 2,592.00 2,102.00 2,374.00

Yinson Holdings Bhd Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 490.00 659.00 955.00 545.00 525.00
XKLS:7293
65GF Score
Yinson Holdings Bhd XKLS:7293
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
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Yinson 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 Apr. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was RM2,684 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 RM2,684 Mil mean?
Yinson Holdings Bhd (XKLS:7293) has a Operating Income of RM2,684 Mil as of Apr. 2026. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Yinson Holdings Bhd and its competitors.
Is Yinson Holdings Bhd's Operating Income too high?
Yinson Holdings Bhd's current Operating Income is RM2,684 Mil. Overall, Yinson Holdings Bhd has a GF Score™ of 65/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Yinson Holdings Bhd's Operating Income compare to SLB and BKR?
Yinson Holdings Bhd's Operating Income of RM2,684 Mil can be compared against companies in the Oil & Gas 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 Oil & Gas company?
A good Operating Income depends on the Oil & Gas 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 Yinson Holdings Bhd and its competitors. Yinson Holdings Bhd's current Operating Income is RM2,684 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Yinson Holdings Bhd stock overvalued right now?
Based on GuruFocus' analysis, Yinson Holdings Bhd (XKLS:7293) is currently considered Modestly Overvalued. The stock's GF Value™ is RM1.43, compared to a current price of RM1.85 — trading 29.4% above its estimated fair value. The current Operating Income is RM2,684 Mil. Yinson Holdings Bhd's overall GF Score™ is 65/100 with 7 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 Yinson Holdings Bhd (XKLS:7293), the current Operating Income is RM2,684 Mil as of Apr. 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 Yinson Holdings Bhd (XKLS:7293) Overvalued in 2026?

Based on GuruFocus' analysis, Yinson Holdings Bhd stock appears to be overvalued. The current stock price of RM1.85 is trading 29.4% above its estimated GF Value™ of RM1.43. GuruFocus considers Yinson Holdings Bhd to be Modestly Overvalued.

Key valuation signals for XKLS:7293:

  • Operating Income: RM2,684 Mil
  • GF Value™: RM1.43 vs. price of RM1.85 (29.4% above fair value)
  • GF Score™: 65/100 with 7 warning signs

No single metric tells the full story. See the XKLS:7293 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Yinson Holdings Bhd Business Description

Industry EnergyOil & Gas
Address Mid Valley City, Medan Syed Putra Selatan, Level 16, Menara South Point, Kuala Lumpur, SGR, MYS, 59200
Yinson Holdings Bhd operates in various segments which include Offshore Production consists of Engineering, Procurement, Construction, Installation and Commissioning business activities, FPSO and tanker operations covering leasing of vessels and marine related services; Other Operations segment comprises investment holding, management services, treasury services and advisory, investment, asset management and insurance-related services; Renewables segment owns and operates renewable energy generation assets; and Green Technologies segment invests in strategic green technology companies and development of assets within the marine, mobility and energy segments (including marine transport, urban mobility, micromobility and charging infrastructure). It operates in Malaysia and other countries.
65GF Score

Get the complete analysis for XKLS:7293

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

RM1.85
Price
RM1.43
GF Value