YSHLF (Yangzijiang Shipbuilding (Holdings)) Operating Income: $1,251 Mil (TTM As of Dec. 2025)

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YSHLF Yangzijiang Shipbuilding (Holdings) Ltd YSHLF
95 GF Score
Price $2.88
GF Value $2.17
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is Yangzijiang Shipbuilding (Holdings) Operating Income?

Yangzijiang Shipbuilding (Holdings) YSHLF 95 Operating Income is $1,251 Mil as of Dec. 2025. GuruFocus rates YSHLF with a GF Score™ of 95/100 and a GF Value™ of $2.17 (Significantly Overvalued). The stock has 6 warning signs investors should review.

Yangzijiang Shipbuilding (Holdings)'s Operating Income for the six months ended in Dec. 2025 was $682 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2025 was $1,251 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Yangzijiang Shipbuilding (Holdings)'s Operating Income for the six months ended in Dec. 2025 was $682 Mil. Yangzijiang Shipbuilding (Holdings)'s Revenue for the six months ended in Dec. 2025 was $2,219 Mil. Therefore, Yangzijiang Shipbuilding (Holdings)'s Operating Margin % for the quarter that ended in Dec. 2025 was 30.74%.

Good Sign:

Yangzijiang Shipbuilding (Holdings) Ltd operating margin is expanding. Margin expansion is usually a good sign.

Yangzijiang Shipbuilding (Holdings)'s 5-Year average Growth Rate for Operating Margin % was 13.20% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Yangzijiang Shipbuilding (Holdings)'s annualized ROC % for the quarter that ended in Dec. 2025 was 22.52%. Yangzijiang Shipbuilding (Holdings)'s annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 143.11%.


Yangzijiang Shipbuilding (Holdings)  (OTCPK:YSHLF) Operating Income Explanation

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

Yangzijiang Shipbuilding (Holdings)'s annualized ROC % for the quarter that ended in Dec. 2025 is calculated as:

ROC % (Q: Dec. 2025 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2025 ) + Invested Capital (Q: Dec. 2025 ))/ count )
=1364.182 * ( 1 - 19.18% )/( (4840.566 + 4953.035)/ 2 )
=1102.5318924/4896.8005
=22.52 %

where

Invested Capital(Q: Jun. 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))
=7580.969 - 602.281 - ( 3393.682 - max(0, 3463.51 - 5601.632+3393.682))
=4840.566

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))
=8282.293 - 669.221 - ( 2852.145 - max(0, 3484.27 - 6144.307+2852.145))
=4953.035

Note: The Operating Income data used here is two times the semi-annual (Dec. 2025) data.

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

Yangzijiang Shipbuilding (Holdings)'s annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2025 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2025  Q: Dec. 2025
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=1579.282/( ( (1162.52 + max(-1348.38, 0)) + (1044.572 + max(-286.278, 0)) )/ 2 )
=1579.282/( ( 1162.52 + 1044.572 )/ 2 )
=1579.282/1103.546
=143.11 %

where Working Capital is:

Working Capital(Q: Jun. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(31.572 + 412.999 + 915.03) - (602.281 + 0 + 2105.7)
=-1348.38

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(66.821 + 505.147 + 1842.715) - (669.221 + 0 + 2031.74)
=-286.278

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Dec. 2025) EBIT data.

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

Yangzijiang Shipbuilding (Holdings)'s Operating Margin % for the quarter that ended in Dec. 2025 is calculated as:

Operating Margin %=Operating Income (Q: Dec. 2025 )/Revenue (Q: Dec. 2025 )
=682.091/2218.777
=30.74 %

* 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.


Yangzijiang Shipbuilding (Holdings) Operating Income Related Terms


Yangzijiang Shipbuilding (Holdings) Operating Income Historical Data

* Premium members only.

The historical data trend for Yangzijiang Shipbuilding (Holdings)'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.

Yangzijiang Shipbuilding (Holdings) Operating Income Chart

Yangzijiang Shipbuilding (Holdings) 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 273.41 400.04 705.79 971.70 1,286.58

Yangzijiang Shipbuilding (Holdings) Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 416.42 438.47 514.40 568.52 682.09
YSHLF
95GF Score
Yangzijiang Shipbuilding (Holdings) Ltd YSHLF
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
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Yangzijiang Shipbuilding (Holdings) 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. 2025 adds up the semi-annually data reported by the company within the most recent 12 months, which was $1,251 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 $1,251 Mil mean?
Yangzijiang Shipbuilding (Holdings) (YSHLF) has a Operating Income of $1,251 Mil as of Dec. 2025. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Yangzijiang Shipbuilding (Holdings) and its competitors.
Is Yangzijiang Shipbuilding (Holdings)'s Operating Income too high?
Yangzijiang Shipbuilding (Holdings)'s current Operating Income is $1,251 Mil. Overall, Yangzijiang Shipbuilding (Holdings) has a GF Score™ of 95/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Yangzijiang Shipbuilding (Holdings)'s Operating Income compare to SPCX and GE?
Yangzijiang Shipbuilding (Holdings)'s Operating Income of $1,251 Mil can be compared against companies in the Aerospace & Defense 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 Aerospace & Defense company?
A good Operating Income depends on the Aerospace & Defense 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 Yangzijiang Shipbuilding (Holdings) and its competitors. Yangzijiang Shipbuilding (Holdings)'s current Operating Income is $1,251 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Yangzijiang Shipbuilding (Holdings) stock overvalued right now?
Based on GuruFocus' analysis, Yangzijiang Shipbuilding (Holdings) (YSHLF) is currently considered Significantly Overvalued. The stock's GF Value™ is $2.17, compared to a current price of $2.88 — trading 32.7% above its estimated fair value. The current Operating Income is $1,251 Mil. Yangzijiang Shipbuilding (Holdings)'s overall GF Score™ is 95/100 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 Yangzijiang Shipbuilding (Holdings) (YSHLF), the current Operating Income is $1,251 Mil as of Dec. 2025. 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 Yangzijiang Shipbuilding (Holdings) (YSHLF) Overvalued in 2026?

Based on GuruFocus' analysis, Yangzijiang Shipbuilding (Holdings) stock appears to be overvalued. The current stock price of $2.88 is trading 32.7% above its estimated GF Value™ of $2.17. GuruFocus considers Yangzijiang Shipbuilding (Holdings) to be Significantly Overvalued.

Key valuation signals for YSHLF:

  • Operating Income: $1,251 Mil
  • GF Value™: $2.17 vs. price of $2.88 (32.7% above fair value)
  • GF Score™: 95/100 with 6 warning signs

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


Yangzijiang Shipbuilding (Holdings) Business Description

Other Exchanges BS6:SingaporeB8O:Germany
Address No. 1 Lianyi Road, Jiangyin-Jingjiang Industry Zone, Jiangsu Province, Jingjiang, CHN, 214532
Yangzijiang Shipbuilding (Holdings) Ltd is a large conglomerate, with shipbuilding and offshore engineering as its core focus. The reportable segments of the company comprise Shipbuilding, Shipping and others. The majority of revenue gets derived from the Shipbuilding segment that of shipbuilding and offshore marine equipment construction. The principal activities of the shipping segment consist of charter hire income earned by vessel owning companies. Geographically, it generates revenue from Italy.
95GF Score

Get the complete analysis for YSHLF

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

$2.88
Price
$2.17
GF Value