GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Tian Lun Gas Holdings Ltd (HKSE:01600) » Definitions » Degree of Operating Leverage

Tian Lun Gas Holdings (HKSE:01600) Degree of Operating Leverage : 12.25 (As of Dec. 2024)


View and export this data going back to 2010. Start your Free Trial

What is Tian Lun Gas Holdings Degree of Operating Leverage?

Degree of Operating Leverage (DOL) measures the percentage change in EBIT for a unit change in Revenue. Tian Lun Gas Holdings's Degree of Operating Leverage for the quarter that ended in Dec. 2024 was 12.25. The higher Degree of Operating Leverage, the higher operating risk the company will take.

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

HKSE:01600's Degree of Operating Leverage is ranked worse than
90.14% of 487 companies
in the Utilities - Regulated industry
Industry Median: 0.87 vs HKSE:01600: 12.25

Tian Lun Gas Holdings Degree of Operating Leverage Historical Data

The historical data trend for Tian Lun 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.

Tian Lun Gas Holdings Degree of Operating Leverage Chart

Tian Lun Gas Holdings 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 5.29 -0.05 4.26 28.35 12.25

Tian Lun Gas Holdings 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 4.26 2.22 28.35 0.87 12.25

Competitive Comparison of Tian Lun Gas Holdings's Degree of Operating Leverage

For the Utilities - Regulated Gas subindustry, Tian Lun 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.


Tian Lun Gas Holdings's Degree of Operating Leverage Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Tian Lun Gas Holdings's Degree of Operating Leverage distribution charts can be found below:

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


;
;

Tian Lun Gas Holdings Degree of Operating Leverage Calculation

Tian Lun Gas Holdings'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
=( 960.661 (Dec. 2024) / 1211.105 (Dec. 2023) - 1 )/( 8307.305 (Dec. 2024) / 8449.932 (Dec. 2023) - 1 )
=-0.2068/-0.0169
=12.25***

* 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.


Tian Lun Gas Holdings  (HKSE:01600) 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.


Tian Lun Gas Holdings Degree of Operating Leverage Related Terms

Thank you for viewing the detailed overview of Tian Lun Gas Holdings's Degree of Operating Leverage provided by GuruFocus.com. Please click on the following links to see related term pages.


Tian Lun Gas Holdings Business Description

Traded in Other Exchanges
Address
No. 6 Huang He East Road, 4th Floor, Tian Lun Group Building, Zheng Dong Xin District, Henan Province, Zhengzhou City, CHN, 450003
Tian Lun Gas Holdings Ltd is a Chinese investment holding company whose subsidiaries are engaged in the investment, operation and management of gas pipeline connections, transportation, distribution and sales of gas, construction and operation of gas filling stations, and production and sales of LNG in the People's Republic of China. The segments of the company are the sale of natural gas in cylinders, sale of natural gas in bulk and engineering construction services. The company derives the majority of its revenue from the sale of natural gas.
Executives
Zhang Yingcen 2201 Interest of corporation controlled by you
Zhang Baixuan 2501 Other
Hantec Securities Company Limited 2302 Custodian
Everlasting Flourish Limited 2201 Interest of corporation controlled by you
Trident Trust Company (hk) Limited 2301 Trustee
Sun Yanxi
Zhang Daoyuan 2103 Interests held jointly with another person
Or Wai Sheun 2201 Interest of corporation controlled by you
Gold Shine Development Limited
Tian Lun Group Limited
Zhuhai Port Co., Ltd.
Zhuhai Port (hong Kong) Development Co., Limited
Chequers Development Limited
International Finance Corporation 2101 Beneficial owner
Ifc Asset Management Company, Llc 2102 Investment manager

Tian Lun Gas Holdings Headlines

No Headlines