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New Momentum (New Momentum) Operating Margin % : 454.17% (As of Dec. 2023)


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What is New Momentum Operating Margin %?

Operating Margin % is calculated as Operating Income divided by its Revenue. New Momentum's Operating Income for the three months ended in Dec. 2023 was $-0.11 Mil. New Momentum's Revenue for the three months ended in Dec. 2023 was $-0.02 Mil. Therefore, New Momentum's Operating Margin % for the quarter that ended in Dec. 2023 was 454.17%.

The historical rank and industry rank for New Momentum's Operating Margin % or its related term are showing as below:

NNAX' s Operating Margin % Range Over the Past 10 Years
Min: -1742.86   Med: -93.41   Max: -19.24
Current: -166.3


NNAX's Operating Margin % is ranked worse than
97.08% of 821 companies
in the Travel & Leisure industry
Industry Median: 8.25 vs NNAX: -166.30

New Momentum's 5-Year Average Operating Margin % Growth Rate was 0.00% per year.

New Momentum's Operating Income for the three months ended in Dec. 2023 was $-0.11 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2023 was $-0.30 Mil.


New Momentum Operating Margin % Historical Data

The historical data trend for New Momentum's Operating Margin % 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.

New Momentum Operating Margin % Chart

New Momentum Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Operating Margin %
- -1,742.86 -21.98 -19.24 -164.84

New Momentum Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Operating Margin % 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 -18.62 -65.32 -135.71 -140.00 454.17

Competitive Comparison of New Momentum's Operating Margin %

For the Travel Services subindustry, New Momentum's Operating Margin %, along with its competitors' market caps and Operating Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


New Momentum's Operating Margin % Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, New Momentum's Operating Margin % distribution charts can be found below:

* The bar in red indicates where New Momentum's Operating Margin % falls into.



New Momentum Operating Margin % Calculation

Operating Margin % - also known as operating income margin, operating profit margin and return on sales (ROS) - is the ratio of Operating Income divided by net sales or Revenue, usually presented in percent.

New Momentum's Operating Margin % for the fiscal year that ended in Dec. 2023 is calculated as

Operating Margin %=Operating Income (A: Dec. 2023 ) / Revenue (A: Dec. 2023 )
=-0.3 / 0.182
=-164.84 %

New Momentum'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 )
=-0.109 / -0.024
=454.17 %

* 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.


New Momentum  (OTCPK:NNAX) Operating Margin % Explanation

Just like Gross Margin %, it is important to see a company maintains its operating margin over time. Among the same industry, a company with higher operating margin is more efficient in its operation. It is also more stable during industry slowdown or recessions. Peter Lynch prefers those with higher margins than those with lower margins.


Be Aware

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 (Diluted) 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.


New Momentum Operating Margin % Related Terms

Thank you for viewing the detailed overview of New Momentum's Operating Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


New Momentum (New Momentum) Business Description

Traded in Other Exchanges
N/A
Address
150 Cecil Street, No.08-01, Singapore, SGP, 069543
New Momentum Corp develops and operates an online ticketing platform named Gagfare.com, which provides a ticketing system for individuals and agencies to search, book, and issue flight tickets and other services. It also offers its services through its app. The company records its revenue from booking income upon the ticket booking service is rendered to travelers. It also records its revenue from the sale of air tickets upon the confirmation and issuance of tickets to the travelers.
Executives
Leung Tin Lung David director, 10 percent owner, officer: President, Sec. and Treasurer 112 NORTH CURRY STREET, CARSON CITY NV 89703
Kin Hon Chu director, 10 percent owner UNIT 19, 35/F., TOWER 1, MILLENNIUM CITY 1, NO. 388 KWUN TONG ROA, KWUN TONG, KOWLOON K3 00000
Michael Vardakis director 234 7TH AVE, SALT LAKE CITY UT 84103
Amee Han Lombardi director, 10 percent owner, officer: Pres; Sec; Treasurer 5925 STARCREST AVENUE, RENO NV 89523

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