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Henan Jinyuan Hydrogenated Chemicals Co (HKSE:02502) Degree of Operating Leverage : -2.46 (As of Dec. 2024)


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What is Henan Jinyuan Hydrogenated Chemicals Co Degree of Operating Leverage?

Degree of Operating Leverage (DOL) measures the percentage change in EBIT for a unit change in Revenue. Henan Jinyuan Hydrogenated Chemicals Co's Degree of Operating Leverage for the quarter that ended in Dec. 2024 was -2.46. The higher Degree of Operating Leverage, the higher operating risk the company will take.

The industry rank for Henan Jinyuan Hydrogenated Chemicals Co's Degree of Operating Leverage or its related term are showing as below:

HKSE:02502's Degree of Operating Leverage is ranked better than
76.91% of 1520 companies
in the Chemicals industry
Industry Median: 1.03 vs HKSE:02502: -2.46

Henan Jinyuan Hydrogenated Chemicals Co Degree of Operating Leverage Historical Data

The historical data trend for Henan Jinyuan Hydrogenated Chemicals Co'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.

Henan Jinyuan Hydrogenated Chemicals Co Degree of Operating Leverage Chart

Henan Jinyuan Hydrogenated Chemicals Co Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24
Degree of Operating Leverage
- 1.63 2.41 -46.53 -2.46

Henan Jinyuan Hydrogenated Chemicals Co Semi-Annual Data
Dec20 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
Degree of Operating Leverage Get a 7-Day Free Trial 2.41 0.23 -46.53 -2.31 -2.46

Competitive Comparison of Henan Jinyuan Hydrogenated Chemicals Co's Degree of Operating Leverage

For the Specialty Chemicals subindustry, Henan Jinyuan Hydrogenated Chemicals Co'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.


Henan Jinyuan Hydrogenated Chemicals Co's Degree of Operating Leverage Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Henan Jinyuan Hydrogenated Chemicals Co's Degree of Operating Leverage distribution charts can be found below:

* The bar in red indicates where Henan Jinyuan Hydrogenated Chemicals Co's Degree of Operating Leverage falls into.


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Henan Jinyuan Hydrogenated Chemicals Co Degree of Operating Leverage Calculation

Henan Jinyuan Hydrogenated Chemicals Co'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
=( 30.407 (Dec. 2024) / 114.795 (Dec. 2023) - 1 )/( 3311.919 (Dec. 2024) / 2548.754 (Dec. 2023) - 1 )
=-0.7351/0.2994
=-2.46***

* 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.


Henan Jinyuan Hydrogenated Chemicals Co  (HKSE:02502) 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.


Henan Jinyuan Hydrogenated Chemicals Co Degree of Operating Leverage Related Terms

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Henan Jinyuan Hydrogenated Chemicals Co Business Description

Traded in Other Exchanges
N/A
Address
West First Ring Road South, Henan Province, Jiyuan, CHN
Henan Jinyuan Hydrogenated Chemicals Co Ltd is mainly engaged in the production and sales of hydrogenated benzene-based chemicals, coal gas, liquefied natural gas (LNG), hydrogen, trading of LNG, refined oil and hydrogen and provision of other services, including provision of steam. The company operates in the following segments: Hydrogenated benzene-based chemicals involving the processing via hydrogenation of crude benzene, a coking by-product, into a range of benzene-based chemicals and the sale of these by-products; the Energy products segment sale energy products, mainly coal gas and LNG; Trading engages in trading of refined oil, LNG, and hydrogen through gas stations and Other Services segment.
Executives
Henan Jinma Energy Company Limited
Max Success Group Holdings Limited
Ng Mei Ling
Yeung Chi Ming
Ascend Open Master Fund Vcc - Yide Kui Mao Fund V 2101 Beneficial owner
Haitong International Holdings Limited 2201 Interest of corporation controlled by you
Haitong International Securities Company Limited 2101 Beneficial owner
Haitong International Securities Group Limited 2201 Interest of corporation controlled by you
Haitong Securities Co., Ltd. 2201 Interest of corporation controlled by you
Ubs Tc (jersey) Ltd 2201 Interest of corporation controlled by you
Zhongsheng Holdings Company Limited 2101 Beneficial owner
Zhongsheng Group Holdings Limited 2201 Interest of corporation controlled by you
You Zhenhua
Wang Fengmei
Dong Caiping

Henan Jinyuan Hydrogenated Chemicals Co Headlines

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