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Zaram Technology (XKRX:389020) Operating Income : ₩365 Mil (TTM As of Dec. 2024)


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What is Zaram Technology Operating Income?

Zaram Technology's Operating Income for the three months ended in Dec. 2024 was ₩-1,112 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2024 was ₩365 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Zaram Technology's Operating Income for the three months ended in Dec. 2024 was ₩-1,112 Mil. Zaram Technology's Revenue for the three months ended in Dec. 2024 was ₩5,272 Mil. Therefore, Zaram Technology's Operating Margin % for the quarter that ended in Dec. 2024 was -21.10%.

Zaram Technology's 5-Year average Growth Rate for Operating Margin % was 0.00% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Zaram Technology's annualized ROC % for the quarter that ended in Dec. 2024 was -7.59%. Zaram Technology's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was 45.78%.


Zaram Technology Operating Income Historical Data

The historical data trend for Zaram Technology'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.

* Premium members only.

Zaram Technology Operating Income Chart

Zaram Technology Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24
Operating Income
82.57 291.93 202.95 -2,141.15 365.46

Zaram Technology Quarterly Data
Dec20 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 172.77 550.10 416.28 511.40 -1,112.32

Zaram Technology 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 Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₩365 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.


Zaram Technology  (XKRX:389020) Operating Income Explanation

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

Zaram Technology's annualized ROC % for the quarter that ended in Dec. 2024 is calculated as:

ROC % (Q: Dec. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2024 ) + Invested Capital (Q: Dec. 2024 ))/ count )
=-4449.268 * ( 1 - 9.46% )/( (45779.417 + 60426.386)/ 2 )
=-4028.3672472/53102.9015
=-7.59 %

where

Invested Capital(Q: Sep. 2024 )
=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))
=76082.324 - 1108.379 - ( 50829.284 - max(0, 38618.623 - 67813.151+50829.284))
=45779.417

Invested Capital(Q: Dec. 2024 )
=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))
=78440.341 - 3225.47 - ( 29469.006 - max(0, 35422.956 - 50211.441+29469.006))
=60426.386

Note: The Operating Income data used here is four times the quarterly (Dec. 2024) data.

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

Zaram Technology's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2024  Q: Dec. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=3191.776/( ( (1242.612 + max(4240.295, 0)) + (1163.801 + max(7297.839, 0)) )/ 2 )
=3191.776/( ( 5482.907 + 8461.64 )/ 2 )
=3191.776/6972.2735
=45.78 %

where Working Capital is:

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1664.56 + 7270.52 + 2285.147) - (1108.379 + 0 + 5871.553)
=4240.295

Working Capital(Q: Dec. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(3895.442 + 6770.495 + 2075.67) - (3225.47 + 0 + 2218.298)
=7297.839

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Dec. 2024) EBIT data.

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

Zaram Technology's Operating Margin % for the quarter that ended in Dec. 2024 is calculated as:

Operating Margin %=Operating Income (Q: Dec. 2024 )/Revenue (Q: Dec. 2024 )
=-1112.317/5272.213
=-21.10 %

* 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.


Zaram Technology Operating Income Related Terms

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Zaram Technology Business Description

Traded in Other Exchanges
N/A
Address
41, Seongnam-daero 925beon-gil, 2nd Floor Fine Venture Building, Bundang-gu, Gyeonggi-do, Seongnam si, KOR, 13496
Zaram Technology Inc is specialized in non-memory semiconductor chip design. It also manufactures technology for communication semiconductors and network equipment with optical components. Its products comprise XGSPON, Optical Transceiver, Gigawire, and Others.

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