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ATIF Holdings (ATIF Holdings) Operating Income : $-5.69 Mil (TTM As of Jan. 2024)


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What is ATIF Holdings Operating Income?

ATIF Holdings's Operating Income for the three months ended in Jan. 2024 was $-0.55 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Jan. 2024 was $-5.69 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. ATIF Holdings's Operating Income for the three months ended in Jan. 2024 was $-0.55 Mil. ATIF Holdings's Revenue for the three months ended in Jan. 2024 was $0.03 Mil. Therefore, ATIF Holdings's Operating Margin % for the quarter that ended in Jan. 2024 was -2,192.00%.

ATIF Holdings'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. ATIF Holdings's annualized ROC % for the quarter that ended in Jan. 2024 was -167.01%. ATIF Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jan. 2024 was -234.56%.


ATIF Holdings Operating Income Historical Data

The historical data trend for ATIF 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.

* Premium members only.

ATIF Holdings Operating Income Chart

ATIF Holdings Annual Data
Trend Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Operating Income
Get a 7-Day Free Trial 0.67 -5.89 -2.42 -2.21 -3.42

ATIF Holdings Quarterly Data
Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 1.33 -0.60 -3.88 -0.66 -0.55

ATIF 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 Jan. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-5.69 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.


ATIF Holdings  (NAS:ATIF) Operating Income Explanation

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

ATIF Holdings's annualized ROC % for the quarter that ended in Jan. 2024 is calculated as:

ROC % (Q: Jan. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Oct. 2023 ) + Invested Capital (Q: Jan. 2024 ))/ count )
=-2.192 * ( 1 - 0% )/( (1.466 + 1.159)/ 2 )
=-2.192/1.3125
=-167.01 %

where

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

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

ATIF Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jan. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Jan. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Oct. 2023  Q: Jan. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-2.192/( ( (1.034 + max(-0.0089999999999999, 0)) + (0.835 + max(-0.253, 0)) )/ 2 )
=-2.192/( ( 1.034 + 0.835 )/ 2 )
=-2.192/0.9345
=-234.56 %

where Working Capital is:

Working Capital(Q: Oct. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.654 + 0 + 0.458) - (1.118 + 0 + 0.0029999999999999)
=-0.0089999999999999

Working Capital(Q: Jan. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.5 + 0 + 0.411) - (1.164 + 0 + 0)
=-0.253

When net working capital is negative, 0 is used.

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

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

ATIF Holdings's Operating Margin % for the quarter that ended in Jan. 2024 is calculated as:

Operating Margin %=Operating Income (Q: Jan. 2024 )/Revenue (Q: Jan. 2024 )
=-0.548/0.025
=-2,192.00 %

* 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.


ATIF Holdings Operating Income Related Terms

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ATIF Holdings (ATIF Holdings) Business Description

Traded in Other Exchanges
N/A
Address
25391 Commercentre Dr, Ste 200, Lake Forest, CA, USA, 92630
ATIF Holdings Ltd is a consulting company. It provides financial and advisory services to small and medium-sized enterprises and also to individual customers and families. The firm also offers Pre-IPO's, and Post-IPO's services. It operates in one operating segment which is the consulting service business. It generates the majority of its revenue from the USA.
Executives
Liu Kwong Sang director 1003 10/F RIGHTFUL CENTER, 12 TAK HING STREET TSIM SHA TSUI, KOWLOON K3 00000
Jun Liu director, 10 percent owner, officer: Chief Executive Officer ROOM 3803 DACHONG INT'L CENTRE, 39 TONGGU RD, NANSHAN DISTRICT, SHENZHEN F4 518000
Lei Yang director ROOM 2803, DACHONG BUSINESS CENTRE, DACHONG 1ST ROAD, NANSHAN DISTRICT, SHENZHEN F4 518000
Yongyuan Chen director ROOM 2803, DACHONG BUSINESS CENTRE, DACHONG 1ST ROAD, NANSHAN DISTRICT, SHENZHEN F4 518000
Yue Ming director, officer: Chief Financial Officer ROOM 2803, DACHONG BUSINESS CENTRE, DACHONG 1ST ROAD, NANSHAN DISTRICT, SHENZHEN F4 518000
Tianzhen Investments Ltd 10 percent owner 25391 COMMERCENTRE DR., STE 200, LAKE FOREST CA 92630