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Yuan Heng Gas Holdings (HKSE:00332) Degree of Operating Leverage : -10.79 (As of Sep. 2024)


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What is Yuan Heng Gas Holdings Degree of Operating Leverage?

Degree of Operating Leverage (DOL) measures the percentage change in EBIT for a unit change in Revenue. Yuan Heng Gas Holdings's Degree of Operating Leverage for the quarter that ended in Sep. 2024 was -10.79. The higher Degree of Operating Leverage, the higher operating risk the company will take.

The industry rank for Yuan Heng Gas Holdings's Degree of Operating Leverage or its related term are showing as below:

HKSE:00332's Degree of Operating Leverage is ranked better than
89.01% of 910 companies
in the Oil & Gas industry
Industry Median: 0.945 vs HKSE:00332: -10.79

Yuan Heng Gas Holdings Degree of Operating Leverage Historical Data

The historical data trend for Yuan Heng Gas Holdings's Degree of Operating Leverage 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.

Yuan Heng Gas Holdings Degree of Operating Leverage Chart

Yuan Heng Gas Holdings Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Degree of Operating Leverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.12 10.09 1.09 5.41 6.82

Yuan Heng Gas Holdings Semi-Annual Data
Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
Degree of Operating Leverage 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 -13.07 5.41 9.87 6.82 -10.79

Competitive Comparison of Yuan Heng Gas Holdings's Degree of Operating Leverage

For the Oil & Gas Integrated subindustry, Yuan Heng Gas Holdings's Degree of Operating Leverage, along with its competitors' market caps and Degree of Operating Leverage 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.


Yuan Heng Gas Holdings's Degree of Operating Leverage Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Yuan Heng Gas Holdings's Degree of Operating Leverage distribution charts can be found below:

* The bar in red indicates where Yuan Heng Gas Holdings's Degree of Operating Leverage falls into.


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Yuan Heng Gas Holdings Degree of Operating Leverage Calculation

Yuan Heng Gas Holdings's Degree of Operating Leverage for the quarter that ended in Sep. 2024 is calculated as:

Degree of Operating Leverage=% Change in EBIT**/% Change in Revenue
=( -202.687 (Sep. 2024) / -24.112 (Sep. 2023) - 1 )/( 2523.948 (Sep. 2024) / 8047.493 (Sep. 2023) - 1 )
=7.4061/-0.6864
=-10.79***

* 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.

** TTM data of EBIT and Revenue was used to calculate Degree of Operating Leverage.
*** Please be aware that the Degree of Operating Leverage calculations are based on company-level data using the primary share class. The calculated data provided is for demonstration purposes and may slightly differ from the results displayed in the title due to potential variations caused by currency exchange rate differences throughout the year.


Yuan Heng Gas Holdings  (HKSE:00332) Degree of Operating Leverage Explanation

Degree of Operating Leverage (DOL) is a leverage ratio that measures the sensitivity of a company’s operting income, also referred to as Earnings Before Interest and Taxes (EBIT), to fluctuations in its Revenue. DOL is a method used to quantify a company’s operating risk. This risk is related to the company's structure of variable costs and fixed costs. Since the fixed costs do not allow the company to adjust the operating costs, the operating risk rises with a higher fixed-to-variable costs proportion.

A high Degree of Operating Leverage indicates that the company’s fixed costs exceed its variable costs. By increasing the sales, the company can earn more profits. In addition, the company must be able to maintain relatively high sales to cover all fixed costs.

Be Aware

The use of operating leverage varies across different industries and business sectors, and the application of Degree of Operating Leverage (DOL) should be adjusted accordingly.


Yuan Heng Gas Holdings Degree of Operating Leverage Related Terms

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Yuan Heng Gas Holdings Business Description

Traded in Other Exchanges
N/A
Address
16 Harcourt Road, Room 4102, 41st Floor, Far East Finance Centre, Hong Kong, HKG
Yuan Heng Gas Holdings Ltd is an investment holding company. The company's operating segment includes production and sales of LNG, oil and gas transactions, and piped gas. The majority of the revenue is generated from oil and gas transactions. Its geographical segments include the People's Republic of China(PRC), Hong Kong, and Singapore, of which the majority of the revenue comes from PRC.
Executives
Champion Ever Limited 2101 Beneficial owner
Cheng Xu 2202 Interest of your spouse
Wang Jianqing 2201 Interest of corporation controlled by you
Central Huijin Investment Ltd. 2106 Person having a security interest in shares
China Construction Bank Corporation 2106 Person having a security interest in shares
Fundfleet Investment Limited Partnership 2101 Beneficial owner
Galaxy King Limited 2101 Beneficial owner

Yuan Heng Gas Holdings Headlines

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