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BYDDY (BYD Co) Operating Margin % : 8.02% (As of Sep. 2024)


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What is BYD Co Operating Margin %?

Operating Margin % is calculated as Operating Income divided by its Revenue. BYD Co's Operating Income for the three months ended in Sep. 2024 was $2,281 Mil. BYD Co's Revenue for the three months ended in Sep. 2024 was $28,423 Mil. Therefore, BYD Co's Operating Margin % for the quarter that ended in Sep. 2024 was 8.02%.

Warning Sign:

BYD Co Ltd operating margin has been in a 5-year decline. The average rate of decline per year is -1.9%.

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

BYDDY' s Operating Margin % Range Over the Past 10 Years
Min: 2.47   Med: 5.8   Max: 8.33
Current: 6.78


BYDDY's Operating Margin % is ranked better than
61.98% of 1294 companies
in the Vehicles & Parts industry
Industry Median: 4.935 vs BYDDY: 6.78

BYD Co's 5-Year Average Operating Margin % Growth Rate was -1.90% per year.

BYD Co's Operating Income for the three months ended in Sep. 2024 was $2,281 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Sep. 2024 was $6,469 Mil.


BYD Co Operating Margin % Historical Data

The historical data trend for BYD Co'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.

BYD Co Operating Margin % Chart

BYD Co 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 5.37 8.33 3.51 5.42 6.38

BYD Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 8.04 6.66 4.65 7.01 8.02

Competitive Comparison of BYD Co's Operating Margin %

For the Auto Manufacturers subindustry, BYD Co'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.


BYD Co's Operating Margin % Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, BYD Co's Operating Margin % distribution charts can be found below:

* The bar in red indicates where BYD Co's Operating Margin % falls into.



BYD Co 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.

BYD Co'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 )
=5379.791 / 84355.53
=6.38 %

BYD Co's Operating Margin % for the quarter that ended in Sep. 2024 is calculated as

Operating Margin %=Operating Income (Q: Sep. 2024 ) / Revenue (Q: Sep. 2024 )
=2280.631 / 28423.488
=8.02 %

* 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.


BYD Co  (OTCPK:BYDDY) 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.


BYD Co Operating Margin % Related Terms

Thank you for viewing the detailed overview of BYD Co's Operating Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


BYD Co Business Description

Address
No. 3009, BYD Road, Pingshan, Guangdong Province, Shenzhen, CHN, 518118
Founded in 1995, BYD is a leading Chinese manufacturer in the design, development, and production of new energy vehicles, or NEVs. In March 2022, the firm discontinued production of internal combustion engine, or ICE, vehicles. Its products primarily target the growing midpriced mass-market segment in China's passenger vehicle market. The company sold about 3 million passenger NEVs in 2023, accounting for 33% of the Chinese passenger NEV market. Besides automobile production, the company is also engaged in handset components and assembly services, as well as the rechargeable battery and photovoltaics business. After more than 25 years of development, the company has established over 30 industrial parks worldwide.

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