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Thai Wacoal PCL (BKK:WACOAL) Operating Margin % : -2.85% (As of Mar. 2024)


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What is Thai Wacoal PCL Operating Margin %?

Operating Margin % is calculated as Operating Income divided by its Revenue. Thai Wacoal PCL's Operating Income for the three months ended in Mar. 2024 was ฿-23 Mil. Thai Wacoal PCL's Revenue for the three months ended in Mar. 2024 was ฿794 Mil. Therefore, Thai Wacoal PCL's Operating Margin % for the quarter that ended in Mar. 2024 was -2.85%.

The historical rank and industry rank for Thai Wacoal PCL's Operating Margin % or its related term are showing as below:

BKK:WACOAL' s Operating Margin % Range Over the Past 10 Years
Min: -23.45   Med: 2.94   Max: 5.5
Current: -2.57


BKK:WACOAL's Operating Margin % is ranked worse than
75.55% of 1043 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 3.8 vs BKK:WACOAL: -2.57

Thai Wacoal PCL's 5-Year Average Operating Margin % Growth Rate was 0.00% per year.

Thai Wacoal PCL's Operating Income for the three months ended in Mar. 2024 was ฿-23 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2024 was ฿-90 Mil.


Thai Wacoal PCL Operating Margin % Historical Data

The historical data trend for Thai Wacoal PCL'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.

Thai Wacoal PCL Operating Margin % Chart

Thai Wacoal PCL Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Operating Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.00 -23.45 -8.01 0.07 -1.85

Thai Wacoal PCL Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Operating Margin % 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 0.09 0.85 1.91 -11.44 -2.85

Competitive Comparison of Thai Wacoal PCL's Operating Margin %

For the Apparel Manufacturing subindustry, Thai Wacoal PCL'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.


Thai Wacoal PCL's Operating Margin % Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Thai Wacoal PCL's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Thai Wacoal PCL's Operating Margin % falls into.



Thai Wacoal PCL 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.

Thai Wacoal PCL's Operating Margin % for the fiscal year that ended in Dec. 2023 is calculated as

Operating Margin %=Operating Income (A: Dec. 2023 ) / Revenue (A: Dec. 2023 )
=-66.738 / 3608.915
=-1.85 %

Thai Wacoal PCL's Operating Margin % for the quarter that ended in Mar. 2024 is calculated as

Operating Margin %=Operating Income (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=-22.612 / 794.384
=-2.85 %

* 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.


Thai Wacoal PCL  (BKK:WACOAL) 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.


Thai Wacoal PCL Operating Margin % Related Terms

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Thai Wacoal PCL (BKK:WACOAL) Business Description

Traded in Other Exchanges
N/A
Address
132 Soi Charoenrat 7, Bangkholaem District, Khwang Bangkhlo, Bangkok, THA, 10120
Thai Wacoal PCL is a Thailand-based garment manufacturing company. It manufactures and sells finished garment products, consisting of Ladies lingerie. The key revenue driver product of the company is Ladies lingerie, which is sold under the brand names of Wacoal. The company's operating segment is based on domestic sales and export sales of which a majority of the revenue is generated from domestic sales.

Thai Wacoal PCL (BKK:WACOAL) Headlines

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