GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Synutra International Inc (NAS:SYUT) » Definitions » Operating Margin %

Synutra International (Synutra International) Operating Margin % : 6.32% (As of Dec. 2016)


View and export this data going back to 2004. Start your Free Trial

What is Synutra International Operating Margin %?

Operating Margin % is calculated as Operating Income divided by its Revenue. Synutra International's Operating Income for the three months ended in Dec. 2016 was $6.9 Mil. Synutra International's Revenue for the three months ended in Dec. 2016 was $109.1 Mil. Therefore, Synutra International's Operating Margin % for the quarter that ended in Dec. 2016 was 6.32%.

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


SYUT's Operating Margin % is not ranked *
in the Consumer Packaged Goods industry.
Industry Median: 4.89
* Ranked among companies with meaningful Operating Margin % only.

Synutra International's 5-Year Average Operating Margin % Growth Rate was 0.00% per year.

Synutra International's Operating Income for the three months ended in Dec. 2016 was $6.9 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2016 was $19.4 Mil.


Synutra International Operating Margin % Historical Data

The historical data trend for Synutra International'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.

Synutra International Operating Margin % Chart

Synutra International Annual Data
Trend Mar07 Mar08 Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16
Operating Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.49 -5.27 11.24 17.81 12.74

Synutra International Quarterly Data
Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16
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 18.89 0.55 6.23 8.69 6.32

Competitive Comparison of Synutra International's Operating Margin %

For the Packaged Foods subindustry, Synutra International'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.


Synutra International's Operating Margin % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Synutra International's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Synutra International's Operating Margin % falls into.



Synutra International 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.

Synutra International's Operating Margin % for the fiscal year that ended in Mar. 2016 is calculated as

Operating Margin %=Operating Income (A: Mar. 2016 ) / Revenue (A: Mar. 2016 )
=46.494 / 365.039
=12.74 %

Synutra International's Operating Margin % for the quarter that ended in Dec. 2016 is calculated as

Operating Margin %=Operating Income (Q: Dec. 2016 ) / Revenue (Q: Dec. 2016 )
=6.889 / 109.053
=6.32 %

* 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.


Synutra International  (NAS:SYUT) 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.


Synutra International Operating Margin % Related Terms

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


Synutra International (Synutra International) Business Description

Traded in Other Exchanges
N/A
Address
Synutra International Inc was formed on October 30, 1998. The Company is engaged in the production, distribution & sales of dairy based nutritional products under Shengyuan or Synutra line of brands in China. Its other nutritional product includes prepared foods, nutritional ingredients & supplements. It is focused on selling powdered formula products for infants and adults, and is also engaged in other nutritional product offerings, such as prepared foods and certain nutritional supplements. It sells the products through an extensive nationwide sales and distribution network covering all provinces and provincial-level municipalities in mainland China. It has three reportable segments; nutritional food, nutritional supplement and other business. The Nutritional Food segment includes the sale of powdered infant and adult formula products, with brands including Super, My Angel and Dutch Cow, as well as the sale of prepared foods under the Huiliduo brand; Nutritional Supplement: includes the production and sale of nutritional supplements such as chondroitin sulfate to third parties, and microencapsulated Docosahexanoic Acid ("DHA") and Arachidonic Acid ("ARA") to the nutritional food segment for use in powdered formula production; and Other Business includes non-core businesses such as ancillary sales of excess or unusable ingredients and materials to industrial customers, providing genetic diagnostic services for new born babies, and sales of cosmetics to pregnant women. Its business requires certain key raw materials, such as milk powder and whey powder. The Company competes with both multinational and domestic infant formula producers.
Executives
Warburg Pincus & Co. 10 percent owner 450 LEXINGTON AVENUE, NEW YORK, NY NY 100173147
Warburg Pincus Llc 10 percent owner 450 LEXINGTON AVENUE, NEW YORK NY 10017
Warburg Pincus Partners Llc 10 percent owner 450 LEXINGTON AVENUE, NEW YORK NY 10017
Joseph P. Landy 10 percent owner C/O WARBURG PINCUS LLC, 450 LEXINGTON AVENUE, NEW YORK NY 10017
Charles R Kaye 10 percent owner C/O WARBURG PINCUS LLC, 450 LEXINGTON AVENUE, NEW YORK NY 10017
Warburg Pincus Private Equity Ix, L.p. 10 percent owner C/O WARBURG PINCUS LLC, 450 LEXINGTON AVENUE, NEW YORK NY 10017
Warburg Pincus Ix Llc 10 percent owner 450 LEXINGTON AVENUE, NEW YORK NY 10017
David Hui Li director C/O WARBURG PINCUS LLC 450 LEXINGTON AVENUE NEW YORK NY 10017

Synutra International (Synutra International) Headlines

No Headlines