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COSCO SHIPPING Ports (COSCO SHIPPING Ports) Operating Margin % : 17.67% (As of Dec. 2023)


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What is COSCO SHIPPING Ports Operating Margin %?

Operating Margin % is calculated as Operating Income divided by its Revenue. COSCO SHIPPING Ports's Operating Income for the three months ended in Dec. 2023 was $71.8 Mil. COSCO SHIPPING Ports's Revenue for the three months ended in Dec. 2023 was $406.6 Mil. Therefore, COSCO SHIPPING Ports's Operating Margin % for the quarter that ended in Dec. 2023 was 17.67%.

Good Sign:

COSCO SHIPPING Ports Ltd operating margin is expanding. Margin expansion is usually a good sign.

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

CSPKF' s Operating Margin % Range Over the Past 10 Years
Min: 12.51   Med: 18.08   Max: 24.61
Current: 18.51


CSPKF's Operating Margin % is ranked better than
77.55% of 971 companies
in the Transportation industry
Industry Median: 7.6 vs CSPKF: 18.51

COSCO SHIPPING Ports's 5-Year Average Operating Margin % Growth Rate was 1.50% per year.

COSCO SHIPPING Ports's Operating Income for the three months ended in Dec. 2023 was $71.8 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2023 was $141.7 Mil.


COSCO SHIPPING Ports Operating Margin % Historical Data

The historical data trend for COSCO SHIPPING Ports'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.

COSCO SHIPPING Ports Operating Margin % Chart

COSCO SHIPPING Ports 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 14.39 12.51 18.39 17.76 18.44

COSCO SHIPPING Ports Quarterly Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Sep22 Dec22 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 Premium Member Only 19.49 13.42 - 19.46 17.67

Competitive Comparison of COSCO SHIPPING Ports's Operating Margin %

For the Marine Shipping subindustry, COSCO SHIPPING Ports'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.


COSCO SHIPPING Ports's Operating Margin % Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, COSCO SHIPPING Ports's Operating Margin % distribution charts can be found below:

* The bar in red indicates where COSCO SHIPPING Ports's Operating Margin % falls into.



COSCO SHIPPING Ports 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.

COSCO SHIPPING Ports'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 )
=268.181 / 1454.353
=18.44 %

COSCO SHIPPING Ports'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 )
=71.837 / 406.578
=17.67 %

* 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.


COSCO SHIPPING Ports  (OTCPK:CSPKF) 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.


COSCO SHIPPING Ports Operating Margin % Related Terms

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


COSCO SHIPPING Ports (COSCO SHIPPING Ports) Business Description

Traded in Other Exchanges
Address
183 Queen's Road Central, 49th Floor, COSCO Tower, Hong Kong, HKG
COSCO SHIPPING Ports Ltd is a leading port operator and investor in China. The company's segment includes Terminals and related businesses and Others. It generates maximum revenue from the Terminals and related businesses segment. Geographically presence in Mainland China (excluding Hong Kong), Europe and Others.