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Tianjin Keyvia Electric Co (SZSE:300407) Degree of Operating Leverage : -5.20 (As of Sep. 2024)


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What is Tianjin Keyvia Electric Co Degree of Operating Leverage?

Degree of Operating Leverage (DOL) measures the percentage change in EBIT for a unit change in Revenue. Tianjin Keyvia Electric Co's Degree of Operating Leverage for the quarter that ended in Sep. 2024 was -5.20. The higher Degree of Operating Leverage, the higher operating risk the company will take.

The industry rank for Tianjin Keyvia Electric Co's Degree of Operating Leverage or its related term are showing as below:

SZSE:300407's Degree of Operating Leverage is ranked better than
85.37% of 950 companies
in the Transportation industry
Industry Median: 0.985 vs SZSE:300407: -5.20

Tianjin Keyvia Electric Co Degree of Operating Leverage Historical Data

The historical data trend for Tianjin Keyvia Electric 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.

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Tianjin Keyvia Electric Co Degree of Operating Leverage Chart

Tianjin Keyvia Electric Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Degree of Operating Leverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.49 2.10 6.64 39.61 0.94

Tianjin Keyvia Electric Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 10.03 0.94 -2.85 -4.50 -5.20

Competitive Comparison of Tianjin Keyvia Electric Co's Degree of Operating Leverage

For the Railroads subindustry, Tianjin Keyvia Electric 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.


Tianjin Keyvia Electric Co's Degree of Operating Leverage Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Tianjin Keyvia Electric Co's Degree of Operating Leverage distribution charts can be found below:

* The bar in red indicates where Tianjin Keyvia Electric Co's Degree of Operating Leverage falls into.



Tianjin Keyvia Electric Co Degree of Operating Leverage Calculation

Tianjin Keyvia Electric Co'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
=( 117.958 (Sep. 2024) / 162.457 (Sep. 2023) - 1 )/( 2160.323 (Sep. 2024) / 2052.273 (Sep. 2023) - 1 )
=-0.2739/0.0526
=-5.20***

* 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.


Tianjin Keyvia Electric Co  (SZSE:300407) 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.


Tianjin Keyvia Electric Co Degree of Operating Leverage Related Terms

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Tianjin Keyvia Electric Co Business Description

Traded in Other Exchanges
N/A
Address
8th matter Hyflux Building Road, Tianjin Huayuan Industrial Park, Tianjin, CHN, 300384
Tianjin Keyvia Electric Co Ltd covers two areas of electrified railway and urban rail transit, including traction power distribution automation system, dispatching and comprehensive monitoring system, industrial automation system, auxiliary control system for rolling stock, monitoring and diagnosis system, software product development, and others. The widely used products mainly include DK3500 electrified railway traction power supply integrated automation system, traction power supply power dispatching and monitoring system, integrated monitoring system, access control system, automatic ticket checking system, mechanical and electrical equipment monitoring system, passenger information system, disaster prevention alarm system, wireless communication system, and others.
Executives
Kong Xiang Zhou Director
Wen Guo Wang Supervisors
Wang Yong Director
Wang Chuan Qi Directors, executives
Wang Wei Directors, executives
Zhang Zhong Jie Directors, executives
Liu Kun Supervisors
Chu Fei Directors, executives
Cai Deng Ming Directors, executives
Zhao Qin Supervisors
Zhao Yi Huan Executives
Wang Rui Jin Securities Affairs Representative
Zhang Gang Executives

Tianjin Keyvia Electric Co Headlines

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