GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Tobacco Products » Smoore International Holdings Ltd (HKSE:06969) » Definitions » Degree of Operating Leverage

Smoore International Holdings (HKSE:06969) Degree of Operating Leverage : -5.66 (As of Dec. 2024)


View and export this data going back to 2020. Start your Free Trial

What is Smoore International Holdings Degree of Operating Leverage?

Degree of Operating Leverage (DOL) measures the percentage change in EBIT for a unit change in Revenue. Smoore International Holdings's Degree of Operating Leverage for the quarter that ended in Dec. 2024 was -5.66. The higher Degree of Operating Leverage, the higher operating risk the company will take.

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

HKSE:06969's Degree of Operating Leverage is ranked better than
85.42% of 48 companies
in the Tobacco Products industry
Industry Median: 0.535 vs HKSE:06969: -5.66

Smoore International Holdings Degree of Operating Leverage Historical Data

The historical data trend for Smoore 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.

Smoore International Holdings Degree of Operating Leverage Chart

Smoore International Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Degree of Operating Leverage
Get a 7-Day Free Trial Premium Member Only 0.73 2.52 2.89 3.68 -5.66

Smoore International Holdings Semi-Annual Data
Dec16 Dec17 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 2.89 4.07 3.68 1.13 -5.66

Competitive Comparison of Smoore International Holdings's Degree of Operating Leverage

For the Tobacco subindustry, Smoore 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.


Smoore International Holdings's Degree of Operating Leverage Distribution in the Tobacco Products Industry

For the Tobacco Products industry and Consumer Defensive sector, Smoore International Holdings's Degree of Operating Leverage distribution charts can be found below:

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


;
;

Smoore International Holdings Degree of Operating Leverage Calculation

Smoore 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
=( 1807.468 (Dec. 2024) / 2147.888 (Dec. 2023) - 1 )/( 12597.102 (Dec. 2024) / 12253.878 (Dec. 2023) - 1 )
=-0.1585/0.028
=-5.66***

* 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.


Smoore International Holdings  (HKSE:06969) 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.


Smoore International Holdings Degree of Operating Leverage Related Terms

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


Smoore International Holdings Business Description

Traded in Other Exchanges
Address
Xixiang Street, No. 16, Dongcai Industrial Zone, Gushu Community, Bao’an District, Guangdong, Shenzhen, CHN
Smoore International Holdings Ltd offers vaping technology solutions, including manufacturing vaping devices and vaping components for Heat-not-burn products. It operates in three segments namely research, design and manufacturing of closed-system electronic vaping products, heat-not-burn products, and components for atomization products for various tobacco companies, independent vaping and other corporate clients; research, design, manufacturing and sale of branded electronic vaping products and beauty atomization products for retail clients; and providing relevant research and development (R&D) services for customers based on atomization technology reserves. The company generates maximum revenue from Vaping devices and components, besides APV.
Executives
Chen Zhiping 2501 Other
Zhao Zihan 2202 Interest of your spouse
Han Xiao 2202 Interest of your spouse
Xiong Shaoming 2101 Beneficial owner
Andy Xiong Holding Limited 2101 Beneficial owner
Liu Jincheng 2201 Interest of corporation controlled by you
Luo Jinhong 2202 Interest of your spouse
Eve Battery Investment Ltd. 2101 Beneficial owner
Yi Wei Ya Zhou You Xian Gong Si 2201 Interest of corporation controlled by you
Hui Zhou Yi Wei Li Neng Gu Fen You Xian Gong Si 2201 Interest of corporation controlled by you
Smr & Alon Limited 2101 Beneficial owner

Smoore International Holdings Headlines

No Headlines