GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Bes Engineering Co (TPE:2515) » Definitions » Operating Margin %

Bes Engineering Co (TPE:2515) Operating Margin % : 4.16% (As of Mar. 2024)


View and export this data going back to 1993. Start your Free Trial

What is Bes Engineering Co Operating Margin %?

Operating Margin % is calculated as Operating Income divided by its Revenue. Bes Engineering Co's Operating Income for the three months ended in Mar. 2024 was NT$205 Mil. Bes Engineering Co's Revenue for the three months ended in Mar. 2024 was NT$4,921 Mil. Therefore, Bes Engineering Co's Operating Margin % for the quarter that ended in Mar. 2024 was 4.16%.

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

TPE:2515' s Operating Margin % Range Over the Past 10 Years
Min: -2.09   Med: 3.63   Max: 7.22
Current: 4.94


TPE:2515's Operating Margin % is ranked worse than
50.75% of 1657 companies
in the Construction industry
Industry Median: 5.06 vs TPE:2515: 4.94

Bes Engineering Co's 5-Year Average Operating Margin % Growth Rate was 0.00% per year.

Bes Engineering Co's Operating Income for the three months ended in Mar. 2024 was NT$205 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2024 was NT$983 Mil.

Warning Sign:

Bes Engineering Co has recorded a loss in operating income at least once over the past 3 years.


Bes Engineering Co Operating Margin % Historical Data

The historical data trend for Bes Engineering 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.

Bes Engineering Co Operating Margin % Chart

Bes Engineering 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 4.05 2.79 -2.09 5.14 4.91

Bes Engineering 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 3.84 5.61 4.69 5.30 4.16

Competitive Comparison of Bes Engineering Co's Operating Margin %

For the Engineering & Construction subindustry, Bes Engineering 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.


Bes Engineering Co's Operating Margin % Distribution in the Construction Industry

For the Construction industry and Industrials sector, Bes Engineering Co's Operating Margin % distribution charts can be found below:

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



Bes Engineering 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.

Bes Engineering 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 )
=931.529 / 18959.339
=4.91 %

Bes Engineering 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 )
=204.565 / 4921.142
=4.16 %

* 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.


Bes Engineering Co  (TPE:2515) 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.


Bes Engineering Co Operating Margin % Related Terms

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


Bes Engineering Co (TPE:2515) Business Description

Traded in Other Exchanges
N/A
Address
No. 12, Dongxing Road, 6th Floor, Songshan District, Taipei, TWN
Bes Engineering Co is a Taiwan-based company that is engaged in civil engineering and construction, real estate development, and industrial estate building. The civil construction projects carried out by the company encompass transportation facilities, pipeline projects, water and marine projects, high-tech factories, and so on. The real estate projects developed by the company include high-rise buildings, large-scale community development projects, and others. The industrial estate projects developed by the company comprise various industrial parks planned by local governments.

Bes Engineering Co (TPE:2515) Headlines

No Headlines