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Top Spring International Holdings (HKSE:03688) Degree of Operating Leverage : 5.76 (As of Dec. 2024)


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What is Top Spring International Holdings Degree of Operating Leverage?

Degree of Operating Leverage (DOL) measures the percentage change in EBIT for a unit change in Revenue. Top Spring International Holdings's Degree of Operating Leverage for the quarter that ended in Dec. 2024 was 5.76. The higher Degree of Operating Leverage, the higher operating risk the company will take.

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

HKSE:03688's Degree of Operating Leverage is ranked worse than
81.5% of 1697 companies
in the Real Estate industry
Industry Median: 0.92 vs HKSE:03688: 5.76

Top Spring International Holdings Degree of Operating Leverage Historical Data

The historical data trend for Top Spring International 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.

Top Spring International Holdings Degree of Operating Leverage Chart

Top Spring International 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 2.67 -78.85 -0.11 4.55 5.76

Top Spring International 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 -0.11 1.32 4.55 44.60 5.76

Competitive Comparison of Top Spring International Holdings's Degree of Operating Leverage

For the Real Estate - Development subindustry, Top Spring International 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.


Top Spring International Holdings's Degree of Operating Leverage Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Top Spring International Holdings's Degree of Operating Leverage distribution charts can be found below:

* The bar in red indicates where Top Spring International Holdings's Degree of Operating Leverage falls into.


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Top Spring International Holdings Degree of Operating Leverage Calculation

Top Spring International 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
=( -1866.266 (Dec. 2024) / -532.263 (Dec. 2023) - 1 )/( 1369.285 (Dec. 2024) / 954.319 (Dec. 2023) - 1 )
=2.5063/0.4348
=5.76***

* 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.


Top Spring International Holdings  (HKSE:03688) 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.


Top Spring International Holdings Degree of Operating Leverage Related Terms

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Top Spring International Holdings Business Description

Traded in Other Exchanges
N/A
Address
6-8 Harbour Road, Rooms 04-08, 26th Floor, Shui On Centre, Wanchai, Hong Kong, HKG
Top Spring International Holdings Ltd is an investment holding engaged in property development, property investment, property management and related services, and education-related services in the People's Republic of China. It generates the majority of its revenue from the Property development segment which develops and sells residential and commercial properties. Geographically the company has a presence in Chinese Mainland, Hong Kong, and Australia, with key revenue coming from Chinese Mainland.
Executives
Hsbc International Trustee Limited 2301 Trustee
Ong Sek Hian (wang Shixian) 2201 Interest of corporation controlled by you
Ong Jenn (wang Zhen) 2201 Interest of corporation controlled by you
Chance Again Limited 2101 Beneficial owner
Cheung Yuet (b.v.i.) Limited 2201 Interest of corporation controlled by you
Liu Choi Lin 2202 Interest of your spouse
Wong Chun Hong 2201 Interest of corporation controlled by you
Metro Holdings Limited 2201 Interest of corporation controlled by you
Metro Holdings Limited 2201 Interest of corporation controlled by you
Cai Yun Guo Ji Tou Zi You Xian Gong Si 2101 Beneficial owner
Yun Nan Sheng Cheng Shi Jian She Tou Zi Ji Tuan You Xian Gong Si 2201 Interest of corporation controlled by you

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