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Suntront Technology Co (SZSE:300259) Operating Margin % : 15.16% (As of Mar. 2024)


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What is Suntront Technology Co Operating Margin %?

Operating Margin % is calculated as Operating Income divided by its Revenue. Suntront Technology Co's Operating Income for the three months ended in Mar. 2024 was ¥25 Mil. Suntront Technology Co's Revenue for the three months ended in Mar. 2024 was ¥163 Mil. Therefore, Suntront Technology Co's Operating Margin % for the quarter that ended in Mar. 2024 was 15.16%.

Good Sign:

Suntront Technology Co Ltd operating margin is expanding. Margin expansion is usually a good sign.

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

SZSE:300259' s Operating Margin % Range Over the Past 10 Years
Min: 15.64   Med: 24.07   Max: 27.6
Current: 22.09


SZSE:300259's Operating Margin % is ranked better than
94.21% of 2972 companies
in the Industrial Products industry
Industry Median: 7 vs SZSE:300259: 22.09

Suntront Technology Co's 5-Year Average Operating Margin % Growth Rate was 2.20% per year.

Suntront Technology Co's Operating Income for the three months ended in Mar. 2024 was ¥25 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2024 was ¥236 Mil.


Suntront Technology Co Operating Margin % Historical Data

The historical data trend for Suntront Technology Co'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.

Suntront Technology Co Operating Margin % Chart

Suntront Technology Co 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 24.84 27.60 25.29 25.24 22.31

Suntront Technology Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 17.19 16.87 24.92 26.70 15.16

Competitive Comparison of Suntront Technology Co's Operating Margin %

For the Electrical Equipment & Parts subindustry, Suntront Technology Co'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.


Suntront Technology Co's Operating Margin % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Suntront Technology Co's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Suntront Technology Co's Operating Margin % falls into.



Suntront Technology Co 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.

Suntront Technology Co'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 )
=242.396 / 1086.383
=22.31 %

Suntront Technology Co's Operating Margin % for the quarter that ended in Mar. 2024 is calculated as

Operating Margin %=Operating Income (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=24.679 / 162.745
=15.16 %

* 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.


Suntront Technology Co  (SZSE:300259) 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.


Suntront Technology Co Operating Margin % Related Terms

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Suntront Technology Co (SZSE:300259) Business Description

Traded in Other Exchanges
N/A
Address
No. 252 Hongsong Road, High and New Tech Industrial Development Zone, Henan Province, Zhengzhou, CHN, 450001
Suntront Technology Co Ltd is a Chinese manufacturer of smart meters. It develops smart meter technologies and solutions for use in the electricity, gas and water utility and distribution industries in China. The product portfolio of the company covers smart water meters, smart heat meters, gas meters, smart energy meters, AMR system, remote devices, and other products.
Executives
Liu Chang Executives
Xu Wen Liang Executives
Chang Ming Song Directors, executives
Li Jian Director
Liu Sheng Li Directors, executives
Wang Jun Director
Fei Zhan Bo Director
Yang Dong Ling Director, Securities Affairs Representative
Song Hong Liang Supervisors
Li Jian Wei Supervisors
Fei Zhan Jun Directors, executives
Lin An Xiu Executives
Wei Dong Lin Director
Yuan Jin Long Directors, executives
Zheng Yong Feng Supervisors

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