ZHGWF (Zhengwei Group Holdings Co) Operating Income: $-1.08 Mil (TTM As of Dec. 2025)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

ZHGWF Zhengwei Group Holdings Co Ltd ZHGWF
28 GF Score
Price $0.02
! 3 Warning Signs
View Full Analysis

What is Zhengwei Group Holdings Co Operating Income?

Zhengwei Group Holdings Co ZHGWF 28 Operating Income is $-1.08 Mil as of Dec. 2025. GuruFocus rates ZHGWF with a GF Score™ of 28/100. The stock has 3 warning signs investors should review.

Zhengwei Group Holdings Co's Operating Income for the six months ended in Dec. 2025 was $-1.08 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2025 was $-1.08 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Zhengwei Group Holdings Co's Operating Income for the six months ended in Dec. 2025 was $-1.08 Mil. Zhengwei Group Holdings Co's Revenue for the six months ended in Dec. 2025 was $58.69 Mil. Therefore, Zhengwei Group Holdings Co's Operating Margin % for the quarter that ended in Dec. 2025 was -1.84%.

Zhengwei Group Holdings Co'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. Zhengwei Group Holdings Co's annualized ROC % for the quarter that ended in Dec. 2025 was -3.95%. Zhengwei Group Holdings Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was -13.62%.


Zhengwei Group Holdings Co  (OTCPK:ZHGWF) Operating Income Explanation

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

Zhengwei Group Holdings Co'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: Dec. 2024 ) + Invested Capital (Q: Dec. 2025 ))/ count )
=-2.158 * ( 1 - 0% )/( (35.882 + 73.371)/ 2 )
=-2.158/54.6265
=-3.95 %

where

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:

Zhengwei Group Holdings Co'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: Dec. 2024  Q: Dec. 2025
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-7.326/( ( (13.02 + max(21.216, 0)) + (0.535 + max(72.836, 0)) )/ 2 )
=-7.326/( ( 34.236 + 73.371 )/ 2 )
=-7.326/53.8035
=-13.62 %

where Working Capital is:

Working Capital(Q: Dec. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(13.021 + 15.685 + 2.914) - (10.405 + 0 + -0.00099999999999945)
=21.216

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(53.519 + 7.812 + 25.097) - (13.592 + 0 + 0)
=72.836

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 %:

Zhengwei Group Holdings Co'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 )
=-1.079/58.688
=-1.84 %

* 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.


Zhengwei Group Holdings Co Operating Income Related Terms


Zhengwei Group Holdings Co Operating Income Historical Data

* Premium members only.

The historical data trend for Zhengwei Group Holdings Co'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.

Zhengwei Group Holdings Co Operating Income Chart

Zhengwei Group Holdings Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Operating Income
8.71 8.95 9.87 9.26 10.28

Zhengwei Group Holdings Co Semi-Annual Data
Dec19 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Dec25
Operating Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 4.93 5.34 -3.37 14.83 -1.08
ZHGWF
28GF Score
Zhengwei Group Holdings Co Ltd ZHGWF
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Zhengwei Group Holdings Co 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 $-1.08 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 $-1.08 Mil mean?
Zhengwei Group Holdings Co (ZHGWF) has a Operating Income of $-1.08 Mil as of Dec. 2025. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Zhengwei Group Holdings Co and its competitors.
Is Zhengwei Group Holdings Co's Operating Income too high?
Zhengwei Group Holdings Co's current Operating Income is $-1.08 Mil. Overall, Zhengwei Group Holdings Co has a GF Score™ of 28/100, reflecting its overall financial health beyond just this single metric.
How does Zhengwei Group Holdings Co's Operating Income compare to KHC and GIS?
Zhengwei Group Holdings Co's Operating Income of $-1.08 Mil can be compared against companies in the Consumer Packaged Goods 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 Consumer Packaged Goods company?
A good Operating Income depends on the Consumer Packaged Goods 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 Zhengwei Group Holdings Co and its competitors. Zhengwei Group Holdings Co's current Operating Income is $-1.08 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhengwei Group Holdings Co stock overvalued right now?
Zhengwei Group Holdings Co (ZHGWF) has a current Operating Income of $-1.08 Mil. The current Operating Income is $-1.08 Mil. Zhengwei Group Holdings Co's overall GF Score™ is 28/100 with 3 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 Zhengwei Group Holdings Co (ZHGWF), the current Operating Income is $-1.08 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.

Zhengwei Group Holdings Co Business Description

Other Exchanges 02147:Hong Kong
Address 487 Yuhu Road, Xiaolan Economic Development and Technology Zone, Nanchang, CHN
Zhengwei Group Holdings Co Ltd produces dry food and snacks, and secondarily trades related products. It produces and sells a variety of snacks (including ready-to-eat vegetarian snacks and meat snacks), such as crispy bamboo shoots and roast necks; and packaged dry goods such as mushrooms, dried aquatic products, seaweed, grains, and seasonings in China. The majority of revenue is derived from the Snacks segment. It has two operating segments Manufacturing & trading, out of which the majority is from the manufacturing segment. Geographically, the majority is from the PRC.
28GF Score

Get the complete analysis for ZHGWF

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

$0.02
Price