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YTL Power International Bhd (XKLS:6742) Operating Income : RM5,543 Mil (TTM As of Dec. 2023)


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What is YTL Power International Bhd Operating Income?

YTL Power International Bhd's Operating Income for the three months ended in Dec. 2023 was RM1,431 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2023 was RM5,543 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. YTL Power International Bhd's Operating Income for the three months ended in Dec. 2023 was RM1,431 Mil. YTL Power International Bhd's Revenue for the three months ended in Dec. 2023 was RM5,374 Mil. Therefore, YTL Power International Bhd's Operating Margin % for the quarter that ended in Dec. 2023 was 26.63%.

Good Sign:

YTL Power International Bhd operating margin is expanding. Margin expansion is usually a good sign.

YTL Power International Bhd's 5-Year average Growth Rate for Operating Margin % was 2.10% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. YTL Power International Bhd's annualized ROC % for the quarter that ended in Dec. 2023 was 10.14%. YTL Power International Bhd's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 20.12%.


YTL Power International Bhd Operating Income Historical Data

The historical data trend for YTL Power International 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.

YTL Power International Bhd Operating Income Chart

YTL Power International Bhd Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Operating Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,483.16 1,054.64 1,219.35 2,297.28 3,697.28

YTL Power International Bhd Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 555.41 996.47 1,671.69 1,443.21 1,431.17

YTL Power International 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was RM5,543 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.


YTL Power International Bhd  (XKLS:6742) Operating Income Explanation

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

YTL Power International Bhd's annualized ROC % for the quarter that ended in Dec. 2023 is calculated as:

ROC % (Q: Dec. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2023 ) + Invested Capital (Q: Dec. 2023 ))/ count )
=5724.692 * ( 1 - 16.07% )/( (46357.424 + 48374.117)/ 2 )
=4804.7339956/47365.7705
=10.14 %

where

Invested Capital(Q: Sep. 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))
=57705.656 - 4308.67 - ( 9275.344 - max(0, 6704.075 - 13743.637+9275.344))
=46357.424

Invested Capital(Q: Dec. 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))
=60022.084 - 4229.01 - ( 10466.014 - max(0, 7435.384 - 14854.341+10466.014))
=48374.117

Note: The Operating Income data used here is four times the quarterly (Dec. 2023) data.

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

YTL Power International Bhd's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2023  Q: Dec. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=5926.12/( ( (28880.895 + max(140.021, 0)) + (29820.12 + max(71.046000000001, 0)) )/ 2 )
=5926.12/( ( 29020.916 + 29891.166 )/ 2 )
=5926.12/29456.041
=20.12 %

where Working Capital is:

Working Capital(Q: Sep. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(3616.762 + 639.282 + 212.249) - (4308.67 + 0 + 19.602)
=140.021

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(3622.175 + 740.694 + 25.458000000001) - (4229.01 + 0 + 88.271)
=71.046000000001

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

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

YTL Power International Bhd's Operating Margin % for the quarter that ended in Dec. 2023 is calculated as:

Operating Margin %=Operating Income (Q: Dec. 2023 )/Revenue (Q: Dec. 2023 )
=1431.173/5373.559
=26.63 %

* 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.


YTL Power International Bhd Operating Income Related Terms

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YTL Power International Bhd (XKLS:6742) Business Description

Traded in Other Exchanges
N/A
Address
205 Jalan Bukit Bintang, 34th Floor, Menara YTL, Kuala Lumpur, SGR, MYS, 55100
YTL Power International Bhd is principally an electric utility company that generates and transmits electrical power throughout Southeast Asia. YTL Power produces energy through its subsidiary utilities companies that, collectively, operate a portfolio of combined-cycle, gas-fired, steam, and co-generation power plants. most of YTL Power's total energy production occurs at its facilities in Singapore. The company also owns a water and sewage services company in the United Kingdom and provides broadband and telecommunications services through its ownership stake in YTL Communications in Malaysia. YTL Power generates most of its revenue by selling electricity, particularly in Singapore. The company's water and sewage services company also contributes significant revenue.

YTL Power International Bhd (XKLS:6742) Headlines

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