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Taitron Components (Taitron Components) Operating Margin % : -1.44% (As of Dec. 2023)


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What is Taitron Components Operating Margin %?

Operating Margin % is calculated as Operating Income divided by its Revenue. Taitron Components's Operating Income for the three months ended in Dec. 2023 was $-0.01 Mil. Taitron Components's Revenue for the three months ended in Dec. 2023 was $0.97 Mil. Therefore, Taitron Components's Operating Margin % for the quarter that ended in Dec. 2023 was -1.44%.

Good Sign:

Taitron Components Inc operating margin is expanding. Margin expansion is usually a good sign.

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

TAIT' s Operating Margin % Range Over the Past 10 Years
Min: -41.53   Med: 13.06   Max: 26.53
Current: 19.65


TAIT's Operating Margin % is ranked better than
93.14% of 2462 companies
in the Hardware industry
Industry Median: 3.645 vs TAIT: 19.65

Taitron Components's 5-Year Average Operating Margin % Growth Rate was 11.90% per year.

Taitron Components's Operating Income for the three months ended in Dec. 2023 was $-0.01 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2023 was $1.20 Mil.


Taitron Components Operating Margin % Historical Data

The historical data trend for Taitron Components'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.

Taitron Components Operating Margin % Chart

Taitron Components 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 10.29 15.74 24.20 26.53 19.65

Taitron Components Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 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 19.03 26.99 17.65 24.82 -1.44

Competitive Comparison of Taitron Components's Operating Margin %

For the Electronics & Computer Distribution subindustry, Taitron Components'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.


Taitron Components's Operating Margin % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Taitron Components's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Taitron Components's Operating Margin % falls into.



Taitron Components 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.

Taitron Components'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 )
=1.2 / 6.108
=19.65 %

Taitron Components'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 )
=-0.014 / 0.969
=-1.44 %

* 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.


Taitron Components  (NAS:TAIT) 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.


Taitron Components Operating Margin % Related Terms

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


Taitron Components (Taitron Components) Business Description

Traded in Other Exchanges
N/A
Address
28040 West Harrison Parkway, Valencia, CA, USA, 91355
Taitron Components Inc is a supplier of originally designed and manufactured (ODM) products that include value-added engineering and turn-key solutions. It focuses on providing original equipment manufacturers (OEMs) and contracts electronic manufacturers (CEMs) with ODM products for their multi-year turn-key projects and ODM electronic components. Its product offerings range from discrete semiconductors to small electronic devices. The company also distributes brand-name electronic components with a vast inventory available on hand. Its Taiwan and China locations provide support for inventory sourcing, purchases, and coordinating the manufacture of ODM Projects and ODM Components.
Executives
Chi-lin Chung director 28040 WEST HARRISON PARKWAY, VALENCIA CA 91355
Craig Miller director 15165 VENTURA BLVD, STE 425, SHERMAAN OAKS CA 91403
David Vanderhorst officer: CFO C/O TAITRON COMPONENTS, 28040 W HARRISON PKWY, VALENCIA CA 91355
Stewart Wang director, 10 percent owner, officer: President, CEO, CFO C/O TAITRON COMPONENTS, 28040 W HARRISON PKWY, VALENCIA CA 91355
Tzu Sheng Ku director, 10 percent owner, officer: Chairman C/O TAITRON COMPONENTS, 28040 W HARRISON PKWY, VALENCIA CA 91355
Richard Chiang director 28040 W HARRISON PKWY, VALENCIA CA 91355
Felix Sung director C/O TAITRON COMPONENTS, 28040 W HARRISON PKWY, VALENCIA CA 91355

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