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ACE Convergence Acquisition (ACE Convergence Acquisition) Operating Margin % : 0.00% (As of Sep. 2022)


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What is ACE Convergence Acquisition Operating Margin %?

Operating Margin % is calculated as Operating Income divided by its Revenue. ACE Convergence Acquisition's Operating Income for the three months ended in Sep. 2022 was $-0.89 Mil. ACE Convergence Acquisition's Revenue for the three months ended in Sep. 2022 was $0.00 Mil. Therefore, ACE Convergence Acquisition's Operating Margin % for the quarter that ended in Sep. 2022 was 0.00%.

The historical rank and industry rank for ACE Convergence Acquisition's Operating Margin % or its related term are showing as below:


ACEVU's Operating Margin % is not ranked *
in the Diversified Financial Services industry.
Industry Median: 3.725
* Ranked among companies with meaningful Operating Margin % only.

ACE Convergence Acquisition's 5-Year Average Operating Margin % Growth Rate was 0.00% per year.

ACE Convergence Acquisition's Operating Income for the three months ended in Sep. 2022 was $-0.89 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Sep. 2022 was $-5.42 Mil.


ACE Convergence Acquisition Operating Margin % Historical Data

The historical data trend for ACE Convergence Acquisition's Operating Margin % 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.

ACE Convergence Acquisition Operating Margin % Chart

ACE Convergence Acquisition Annual Data
Trend Dec20 Dec21
Operating Margin %
- -

ACE Convergence Acquisition Quarterly Data
May20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
Operating Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Competitive Comparison of ACE Convergence Acquisition's Operating Margin %

For the Shell Companies subindustry, ACE Convergence Acquisition's Operating Margin %, along with its competitors' market caps and Operating Margin % 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.


ACE Convergence Acquisition's Operating Margin % Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, ACE Convergence Acquisition's Operating Margin % distribution charts can be found below:

* The bar in red indicates where ACE Convergence Acquisition's Operating Margin % falls into.



ACE Convergence Acquisition Operating Margin % Calculation

Operating Margin % - also known as operating income margin, operating profit margin and return on sales (ROS) - is the ratio of Operating Income divided by net sales or Revenue, usually presented in percent.

ACE Convergence Acquisition's Operating Margin % for the fiscal year that ended in Dec. 2021 is calculated as

Operating Margin %=Operating Income (A: Dec. 2021 ) / Revenue (A: Dec. 2021 )
=-6.943 / 0
= %

ACE Convergence Acquisition's Operating Margin % for the quarter that ended in Sep. 2022 is calculated as

Operating Margin %=Operating Income (Q: Sep. 2022 ) / Revenue (Q: Sep. 2022 )
=-0.894 / 0
= %

* 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.


ACE Convergence Acquisition  (NAS:ACEVU) Operating Margin % Explanation

Just like Gross Margin %, it is important to see a company maintains its operating margin over time. Among the same industry, a company with higher operating margin is more efficient in its operation. It is also more stable during industry slowdown or recessions. Peter Lynch prefers those with higher margins than those with lower margins.


Be Aware

Operating Margin % can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).

If a company is facing competition, its Operating Margin % may decline. Often the Operating Margin % declines well before the company's Revenue or even profit decline. Therefore, Operating Margin % is a very important indicator of whether the company is facing problems.

For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokia’s Operating Margin % had already been in decline since 2002, although its Earnings per Share (Diluted) were still rising. Investors who paid attention to Operating Margin % would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).

Therefore, Operating Margin % is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.


ACE Convergence Acquisition Operating Margin % Related Terms

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ACE Convergence Acquisition (ACE Convergence Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
1013 Centre Road, Suite 403S, Wilmington, DE, USA, 19805
Website
ACE Convergence Acquisition Corp is a blank check company.
Executives
Omid Tahernia director 2100 LOGIC DRIVE, SAN JOSE CA 95124
Kenneth Klein director 700 SAGINAW DRIVE, REDWOOD CITY CA 94063
Behrooz L. Abdi director, officer: Chief Executive Officer 1875 CHARLESTON ROAD, MOUNTAIN VIEW CA 94043
Ryan A Benton director 48720 KATO ROAD, FREMONT CA 94538
Ace Convergence Acquisition Llc director, 10 percent owner 1013 CENTRE ROAD, SUITE 403S, WILMINGTON DE 19805
Raquel Chmielewski director C/O ACE CONVERGENCE ACQUISITION CORP., 1013 CENTRE ROAD, SUITE 403S, WILMINGTON DE 19805
Minyoung Park officer: Chief Financial Officer C/O ACE CONVERGENCE ACQUISITION CORP., 1013 CENTRE ROAD, SUITE 403S, WILMINGTON DE 19805
Sunny Siu director, officer: President C/O ACE CONVERGENCE ACQUISITION CORP., 1013 CENTRE ROAD, SUITE 403S, WILMINGTON DE 19805
Denis Tse director, officer: Secretary C/O ACE CONVERGENCE ACQUISITION CORP., 1013 CENTRE ROAD, SUITE 403S, WILMINGTON DE 19805