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Yieh United Steel (ROCO:9957) Operating Margin % : -14.32% (As of Dec. 2023)


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What is Yieh United Steel Operating Margin %?

Operating Margin % is calculated as Operating Income divided by its Revenue. Yieh United Steel's Operating Income for the six months ended in Dec. 2023 was NT$-2,722 Mil. Yieh United Steel's Revenue for the six months ended in Dec. 2023 was NT$19,008 Mil. Therefore, Yieh United Steel's Operating Margin % for the quarter that ended in Dec. 2023 was -14.32%.

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

ROCO:9957' s Operating Margin % Range Over the Past 10 Years
Min: -8.34   Med: -1.02   Max: 9.66
Current: -7.66


ROCO:9957's Operating Margin % is ranked worse than
91.54% of 603 companies
in the Steel industry
Industry Median: 4.45 vs ROCO:9957: -7.66

Yieh United Steel's 5-Year Average Operating Margin % Growth Rate was 0.00% per year.

Yieh United Steel's Operating Income for the six months ended in Dec. 2023 was NT$-2,722 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2023 was NT$-3,324 Mil.

Warning Sign:

Yieh United Steel Corp has recorded a loss in operating income at least once over the past 3 years.


Yieh United Steel Operating Margin % Historical Data

The historical data trend for Yieh United Steel'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.

Yieh United Steel Operating Margin % Chart

Yieh United Steel Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Operating Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2.10 -4.45 9.66 1.00 -7.66

Yieh United Steel Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 Premium Member Only 11.63 5.46 -5.18 -2.47 -14.32

Competitive Comparison of Yieh United Steel's Operating Margin %

For the Steel subindustry, Yieh United Steel'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.


Yieh United Steel's Operating Margin % Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Yieh United Steel's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Yieh United Steel's Operating Margin % falls into.



Yieh United Steel 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.

Yieh United Steel'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 )
=-3324.476 / 43389.118
=-7.66 %

Yieh United Steel'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 )
=-2721.666 / 19007.9
=-14.32 %

* 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.


Yieh United Steel  (ROCO:9957) 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.


Yieh United Steel Operating Margin % Related Terms

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Yieh United Steel (ROCO:9957) Business Description

Traded in Other Exchanges
N/A
Address
No.600, Xinglong St., Jiaxing Vil, Gangshan District, Kaohsiung, TWN, 82057
Yieh United Steel Corp operates as a steel manufacturer. The products of the company include stainless steel small steel embryo, cold rolled steel coil, stainless steel hot-rolled steel sheet, stainless steel hot rolled black steel coil, carbon steel small steel embryo, and carbon steel hot rolled crude steel coil.

Yieh United Steel (ROCO:9957) Headlines

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