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Yanchang Petroleum International (HKSE:00346) Degree of Operating Leverage : -16.62 (As of Dec. 2024)


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What is Yanchang Petroleum International Degree of Operating Leverage?

Degree of Operating Leverage (DOL) measures the percentage change in EBIT for a unit change in Revenue. Yanchang Petroleum International's Degree of Operating Leverage for the quarter that ended in Dec. 2024 was -16.62. The higher Degree of Operating Leverage, the higher operating risk the company will take.

The industry rank for Yanchang Petroleum International's Degree of Operating Leverage or its related term are showing as below:

HKSE:00346's Degree of Operating Leverage is ranked better than
92.74% of 909 companies
in the Oil & Gas industry
Industry Median: 0.97 vs HKSE:00346: -16.62

Yanchang Petroleum International Degree of Operating Leverage Historical Data

The historical data trend for Yanchang Petroleum International'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.

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Yanchang Petroleum International Degree of Operating Leverage Chart

Yanchang Petroleum International Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Degree of Operating Leverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.57 5.75 -4.53 29.35 -16.62

Yanchang Petroleum International Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 -4.53 -3.49 29.35 -70.34 -16.62

Competitive Comparison of Yanchang Petroleum International's Degree of Operating Leverage

For the Oil & Gas Integrated subindustry, Yanchang Petroleum International'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.


Yanchang Petroleum International's Degree of Operating Leverage Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Yanchang Petroleum International's Degree of Operating Leverage distribution charts can be found below:

* The bar in red indicates where Yanchang Petroleum International's Degree of Operating Leverage falls into.


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Yanchang Petroleum International Degree of Operating Leverage Calculation

Yanchang Petroleum International's Degree of Operating Leverage for the quarter that ended in Dec. 2024 is calculated as:

Degree of Operating Leverage=% Change in EBIT**/% Change in Revenue
=( 87.499 (Dec. 2024) / 644.544 (Dec. 2023) - 1 )/( 29184.915 (Dec. 2024) / 27742.529 (Dec. 2023) - 1 )
=-0.8642/0.052
=-16.62***

* 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.


Yanchang Petroleum International  (HKSE:00346) 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.


Yanchang Petroleum International Degree of Operating Leverage Related Terms

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Yanchang Petroleum International Business Description

Traded in Other Exchanges
N/A
Address
33 Hysan Avenue, Causeway Bay, Room 3403, 34th Floor, Lee Garden One, Hong Kong, HKG
Yanchang Petroleum International Ltd is engaged in supply and procurement operation of oil-related products. The operating segments of the company are Exploration, exploitation, and operation which comprises the oil and gas exploration, exploitation, sale and operation; and Supply and procurement business segment involves storage, transportation, trading and distribution of oil-related products. It generates maximum revenue from Supply and procurement segment. Geographically, it derives majority revenue from PRC and also has an operation in Canada and Others.
Executives
Shan Xi Yan Zhang Shi You Ji Tuan You Xian Ze Ren Gong Si 2201 Interest of corporation controlled by you
Yan Zhang Shi You Ji Tuan Xiang Gang You Xian Gong Si 2101 Beneficial owner
Chang An Hui Tong Tou Zi Xiang Gang You Xian Gong Si 2101 Beneficial owner
Chang An Hui Tong You Xian Ze Ren Gong Si 2201 Interest of corporation controlled by you

Yanchang Petroleum International Headlines

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