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Sapura Energy Bhd (XKLS:5218) Operating Income : RM-272 Mil (TTM As of Jan. 2024)


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What is Sapura Energy Bhd Operating Income?

Sapura Energy Bhd's Operating Income for the three months ended in Jan. 2024 was RM-109 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Jan. 2024 was RM-272 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Sapura Energy Bhd's Operating Income for the three months ended in Jan. 2024 was RM-109 Mil. Sapura Energy Bhd's Revenue for the three months ended in Jan. 2024 was RM1,120 Mil. Therefore, Sapura Energy Bhd's Operating Margin % for the quarter that ended in Jan. 2024 was -9.73%.

Sapura Energy Bhd'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. Sapura Energy Bhd's annualized ROC % for the quarter that ended in Jan. 2024 was -1.81%. Sapura Energy Bhd's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jan. 2024 was -37.54%.


Sapura Energy Bhd Operating Income Historical Data

The historical data trend for Sapura Energy 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.

* Premium members only.

Sapura Energy Bhd Operating Income Chart

Sapura Energy Bhd Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Operating Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only -821.64 284.18 -2,548.19 247.32 -271.59

Sapura Energy Bhd Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 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 Premium Member Only 188.21 18.86 -22.46 -159.02 -108.97

Sapura Energy 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 Jan. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was RM-272 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.


Sapura Energy Bhd  (XKLS:5218) Operating Income Explanation

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

Sapura Energy Bhd'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 )
=-435.876 * ( 1 - -2.53% )/( (23555.132 + 25910.961)/ 2 )
=-446.9036628/24733.0465
=-1.81 %

where

Invested Capital(Q: Oct. 2023 )
=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))
=14519.427 - 5016.537 - ( 1371.133 - max(0, 17702.377 - 3650.135+1371.133))
=23555.132

Invested Capital(Q: Jan. 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))
=13995.889 - 2619.993 - ( 1274.699 - max(0, 18109.554 - 3574.489+1274.699))
=25910.961

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

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

Sapura Energy Bhd'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 )
=-2023.336/( ( (5431.173 + max(-5512.556, 0)) + (5348.014 + max(-5658.744, 0)) )/ 2 )
=-2023.336/( ( 5431.173 + 5348.014 )/ 2 )
=-2023.336/5389.5935
=-37.54 %

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)
=(577.4 + 450.873 + 130.828) - (5016.537 + 0 + 1655.12)
=-5512.556

Working Capital(Q: Jan. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(563.322 + 431.718 + 448.906) - (2619.993 + 0 + 4482.697)
=-5658.744

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 %:

Sapura Energy Bhd'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 )
=-108.969/1119.678
=-9.73 %

* 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.


Sapura Energy Bhd Operating Income Related Terms

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Sapura Energy Bhd (XKLS:5218) Business Description

Traded in Other Exchanges
Address
No. 7, Jalan Tasik, Sapura@Mines, The Mines Resort City, Seri Kembangan, SGR, MYS, 43300
Sapura Energy Bhd is an upstream firm in the global oil and gas industry, providing services and solutions in the Americas, Middle East, Africa, Europe, and Asia-Pacific. The company's operating segments consist of engineering and construction, drilling, and exploration and production. The engineering and construction segment provides engineering, procurement, construction, installation, and commissioning solutions. The drilling business unit offers drilling services with Sapura's own fleet of tender rigs. The exploration and production segment provides exploration, development, and production solutions. The company generates the majority of its revenue from its engineering and construction business.

Sapura Energy Bhd (XKLS:5218) Headlines

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