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MicroCloud Hologram (MicroCloud Hologram) Operating Income : $-29.98 Mil (TTM As of Jun. 2023)


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What is MicroCloud Hologram Operating Income?

MicroCloud Hologram's Operating Income for the three months ended in Jun. 2023 was $-0.80 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Jun. 2023 was $-29.98 Mil.

Warning Sign:

MicroCloud Hologram Inc has recorded a loss in operating income at least once over the past 3 years.

Operating Margin % is calculated as Operating Income divided by its Revenue. MicroCloud Hologram's Operating Income for the three months ended in Jun. 2023 was $-0.80 Mil. MicroCloud Hologram's Revenue for the three months ended in Jun. 2023 was $7.35 Mil. Therefore, MicroCloud Hologram's Operating Margin % for the quarter that ended in Jun. 2023 was -10.90%.

MicroCloud Hologram'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. MicroCloud Hologram's annualized ROC % for the quarter that ended in Jun. 2023 was -43.15%. MicroCloud Hologram's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2023 was -438.90%.


MicroCloud Hologram Operating Income Historical Data

The historical data trend for MicroCloud Hologram'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.

MicroCloud Hologram Operating Income Chart

MicroCloud Hologram Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Operating Income
1.39 4.93 12.38 -20.48 -10.83

MicroCloud Hologram Quarterly Data
Dec19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 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 1.04 -26.42 -3.80 -0.80 -

MicroCloud Hologram 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 Jun. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-29.98 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.


MicroCloud Hologram  (NAS:HOLO) Operating Income Explanation

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

MicroCloud Hologram's annualized ROC % for the quarter that ended in Jun. 2023 is calculated as:

ROC % (Q: Jun. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Mar. 2023 ) + Invested Capital (Q: Jun. 2023 ))/ count )
=-3.204 * ( 1 - 16.09% )/( (6.622 + 5.838)/ 2 )
=-2.6884764/6.23
=-43.15 %

where

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

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

MicroCloud Hologram's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2023 is calculated as:

ROC (Joel Greenblatt) %(Q: Jun. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Mar. 2023  Q: Jun. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-3.204/( ( (0.777 + max(-0.707, 0)) + (0.683 + max(-0.078000000000002, 0)) )/ 2 )
=-3.204/( ( 0.777 + 0.683 )/ 2 )
=-3.204/0.73
=-438.90 %

where Working Capital is:

Working Capital(Q: Mar. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(9.569 + 0.572 + 0.415) - (10.889 + 0.374 + 0)
=-0.707

Working Capital(Q: Jun. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(9.134 + 0.259 + 1.432) - (10.757 + 0.145 + 0.0010000000000012)
=-0.078000000000002

When net working capital is negative, 0 is used.

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

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

MicroCloud Hologram's Operating Margin % for the quarter that ended in Jun. 2023 is calculated as:

Operating Margin %=Operating Income (Q: Jun. 2023 )/Revenue (Q: Jun. 2023 )
=-0.801/7.35
=-10.90 %

* 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.


MicroCloud Hologram Operating Income Related Terms

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MicroCloud Hologram (MicroCloud Hologram) Business Description

Traded in Other Exchanges
N/A
Address
Yuexing Sixth Road, Zhongkenaneng Building, Room 302, Building A, Nanshan District, Shenzhen, CHN, 518000
Website
MicroCloud Hologram Inc, through its subsidiaries, is mainly engaged in holographic Technology. It includes Holographic solutions, Holographic technology services. The company also provides holographic digital twin technology services for customers and has built a holographic digital twin technology resource library.
Executives
Belief Bi director ROOM 302, BUILDING A, ZHONGKENANENG ,, YUEXING SIXTH ROAD, NANSHAN DISTRICT,, SHENZHEN F4 518063
Maggie Wang director ROOM 302, BUILDING A, ZHONGKENANENG ,, YUEXING SIXTH ROAD, NANSHAN DISTRICT,, SHENZHEN F4 518063
Guohui Kang director, officer: CEO ROOM 302, BUILDING A ZHONGKENANENG, YUEXING SIXTH ROAD, SHENZHEN NANSHAN DISTRICT F4 518063
Wei Peng director, 10 percent owner ROOM 302, BUILDING A ZHONGKENANENG, YUEXING SIXTH ROAD, SHENZHEN NANSHAN DISTRICT F4 518063
Tiger Initiative Investment Ltd 10 percent owner SERTUS CHAMBERS, P.O. BOX 905, QUASTISKY BUILDING, ROAD TOWN, TORTOLA D8 VG1110
Bei Zhen officer: CFO GOVERNORS SQUARE, SUITE #5-204, ,23 LIME TREE BAY AVENUE, P.O. BOX 2547, GRAND CAYMAN E9 KY1-1104
Mi Zhou director GOVERNORS SQUARE, SUITE #5-204, 23 LIME TREE BAY AVENUE, P.O. BOX 2547, GRAND CAYMAN E9 KY1-1104
Best Road Holdings Ltd 10 percent owner SERTUS CHAMBERS, P.O. BOX 905, QUASTISKY BUILDING, ROAD TOWN, TORTOLA D8 VG1110
Han Qin director GOVERNORS SQUARE, SUITE #5-204, 23 LIME TREE BAY AVENUE, P.O. BOX 2547, GRAND CAYMAN E9 KY1-1104
Jianbo Zhou officer: CTO ROOM 302, BUILDING A ZHONGKENANENG, YUEXING SIXTH ROAD, SHENZHEN NANSHAN DISTRICT F4 518063
Guolong Qi officer: COO ROOM 302, BUILDING A ZHONGKENANENG, YUEXING SIXTH ROAD, SHENZHEN NANSHAN DISTRICT F4 518063
Greenland Asset Management Corp 10 percent owner WEST WING, YONGDA INTERNATIONAL TOWER, NO. 2277 LONGYANG ROAD, PUDONG SHANGHAI F4 100006
Xu Zhang director 100 PARK AVENUE, NEW YORK NY 10017
Hai Lin director 100 PARK AVENUE, NEW YORK NY 10017
Shaosen Cheng director, officer: Chief Executive Officer 100 PARK AVENUE, NEW YORK NY 10017