GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Wing Lee Development Construction Holdings Ltd (HKSE:09639) » Definitions » Degree of Operating Leverage

Wing Lee Development Construction Holdings (HKSE:09639) Degree of Operating Leverage : 0.73 (As of Sep. 2024)


View and export this data going back to 2024. Start your Free Trial

What is Wing Lee Development Construction Holdings Degree of Operating Leverage?

Degree of Operating Leverage (DOL) measures the percentage change in EBIT for a unit change in Revenue. Wing Lee Development Construction Holdings does not have enough data to calculate Degree of Operating Leverage.


Wing Lee Development Construction Holdings Degree of Operating Leverage Historical Data

The historical data trend for Wing Lee Development Construction 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.

Wing Lee Development Construction Holdings Degree of Operating Leverage Chart

Wing Lee Development Construction Holdings Annual Data
Trend Mar22 Mar23 Mar24
Degree of Operating Leverage
- 1.01 -

Wing Lee Development Construction Holdings Semi-Annual Data
Mar22 Mar23 Sep23 Mar24 Sep24
Degree of Operating Leverage - 1.01 - - 0.73

Competitive Comparison of Wing Lee Development Construction Holdings's Degree of Operating Leverage

For the Engineering & Construction subindustry, Wing Lee Development Construction 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.


Wing Lee Development Construction Holdings's Degree of Operating Leverage Distribution in the Construction Industry

For the Construction industry and Industrials sector, Wing Lee Development Construction Holdings's Degree of Operating Leverage distribution charts can be found below:

* The bar in red indicates where Wing Lee Development Construction Holdings's Degree of Operating Leverage falls into.


;
;

Wing Lee Development Construction Holdings Degree of Operating Leverage Calculation

Wing Lee Development Construction Holdings's Degree of Operating Leverage for the quarter that ended in Sep. 2024 is calculated as:

Degree of Operating Leverage=% Change in EBIT**/% Change in Revenue
=( 103.136 (Sep. 2024) / (Sep. 2023) - 1 )/( 700.431 (Sep. 2024) / (Sep. 2023) - 1 )
=/
=N/A***

* 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.


Wing Lee Development Construction Holdings  (HKSE:09639) 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.


Wing Lee Development Construction Holdings Degree of Operating Leverage Related Terms

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


Wing Lee Development Construction Holdings Business Description

Traded in Other Exchanges
N/A
Address
No. 3 Hoi Shing Road, Room A6, 16th Floor, TML Tower, Tsuen Wan, Hong Kong, HKG
Wing Lee Development Construction Holdings Ltd is an established contractor in Hong Kong engaged in civil and electrical cable engineering and solar PV system works. Its civil engineering works specialize in site formation works and road and drainage works, and its electrical cable engineering works specialize in cable trenching, laying and jointing works. For solar PV system works, the company specializes in the design, installation and maintenance works of solar PV systems. The majority of revenue is derived from civil engineering works.
Executives
Chan Lo Man 2201 Interest of corporation controlled by you
Chen Caiyun 2202 Interest of your spouse
Lam Yan Ki Maggie 2202 Interest of your spouse
Liu Ying 2202 Interest of your spouse
Rong Li Lv Se Fa Zhan You Xian Gong Si 2101 Beneficial owner
Yiu Wang Lee 2201 Interest of corporation controlled by you
Yiu Wang Lung 2201 Interest of corporation controlled by you

Wing Lee Development Construction Holdings Headlines

No Headlines