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Yangzijiang Financial Holding (SGX:YF8) Operating Margin % : 66.13% (As of Dec. 2023)


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What is Yangzijiang Financial Holding Operating Margin %?

Operating Margin % is calculated as Operating Income divided by its Revenue. Yangzijiang Financial Holding's Operating Income for the six months ended in Dec. 2023 was S$112.9 Mil. Yangzijiang Financial Holding's Revenue for the six months ended in Dec. 2023 was S$170.7 Mil. Therefore, Yangzijiang Financial Holding's Operating Margin % for the quarter that ended in Dec. 2023 was 66.13%.

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

SGX:YF8' s Operating Margin % Range Over the Past 10 Years
Min: 77.48   Med: 83.34   Max: 89.01
Current: 88.17


SGX:YF8's Operating Margin % is ranked better than
86.59% of 634 companies
in the Asset Management industry
Industry Median: 15.01 vs SGX:YF8: 88.17

Yangzijiang Financial Holding's 5-Year Average Operating Margin % Growth Rate was 0.00% per year.

Yangzijiang Financial Holding's Operating Income for the six months ended in Dec. 2023 was S$112.9 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2023 was S$287.4 Mil.


Yangzijiang Financial Holding Operating Margin % Historical Data

The historical data trend for Yangzijiang Financial Holding'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.

Yangzijiang Financial Holding Operating Margin % Chart

Yangzijiang Financial Holding Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Operating Margin %
89.01 83.34 83.01 77.48 88.17

Yangzijiang Financial Holding Semi-Annual Data
Dec19 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Operating Margin % Get a 7-Day Free Trial 60.62 82.54 70.33 112.42 66.13

Competitive Comparison of Yangzijiang Financial Holding's Operating Margin %

For the Asset Management subindustry, Yangzijiang Financial Holding'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.


Yangzijiang Financial Holding's Operating Margin % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Yangzijiang Financial Holding's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Yangzijiang Financial Holding's Operating Margin % falls into.



Yangzijiang Financial Holding 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.

Yangzijiang Financial Holding'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 )
=287.404 / 325.952
=88.17 %

Yangzijiang Financial Holding'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 )
=112.886 / 170.708
=66.13 %

* 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.


Yangzijiang Financial Holding  (SGX:YF8) 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.


Yangzijiang Financial Holding Operating Margin % Related Terms

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Yangzijiang Financial Holding (SGX:YF8) Business Description

Traded in Other Exchanges
Address
9 Raffles Place, No. 54-01 Republic Plaza, Singapore, SGP, 048619
Yangzijiang Financial Holding Ltd operates as an investment management business, which seeks capital appreciation and investment income from investments in both public and private companies as funds, as well as deploying funds into various situations, and the debt investment business, which is primarily made up of debt investments. The principal activities of the Group consist of micro-financing, debt investments at amortized cost, fund management and other investments and therefore management considers that the Group operates in one single business segment at two geographical locations.

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