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Tianli Holdings Group (HKSE:00117) Operating Margin % : -6.12% (As of Dec. 2023)


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What is Tianli Holdings Group Operating Margin %?

Operating Margin % is calculated as Operating Income divided by its Revenue. Tianli Holdings Group's Operating Income for the six months ended in Dec. 2023 was HK$-18.4 Mil. Tianli Holdings Group's Revenue for the six months ended in Dec. 2023 was HK$301.2 Mil. Therefore, Tianli Holdings Group's Operating Margin % for the quarter that ended in Dec. 2023 was -6.12%.

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

HKSE:00117' s Operating Margin % Range Over the Past 10 Years
Min: -37.46   Med: -2.12   Max: 18.79
Current: -16.96


HKSE:00117's Operating Margin % is ranked worse than
84.9% of 2463 companies
in the Hardware industry
Industry Median: 3.42 vs HKSE:00117: -16.96

Tianli Holdings Group's 5-Year Average Operating Margin % Growth Rate was 0.00% per year.

Tianli Holdings Group's Operating Income for the six months ended in Dec. 2023 was HK$-18.4 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2023 was HK$-90.5 Mil.

Warning Sign:

Tianli Holdings Group Ltd had lost money in 67% of the time over the past 3quarters.


Tianli Holdings Group Operating Margin % Historical Data

The historical data trend for Tianli Holdings Group'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.

Tianli Holdings Group Operating Margin % Chart

Tianli Holdings Group 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 -24.10 -1.20 12.63 -37.46 -16.96

Tianli Holdings Group Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 13.44 -36.65 -38.41 -31.00 -6.12

Competitive Comparison of Tianli Holdings Group's Operating Margin %

For the Electronic Components subindustry, Tianli Holdings Group'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.


Tianli Holdings Group's Operating Margin % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Tianli Holdings Group's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Tianli Holdings Group's Operating Margin % falls into.



Tianli Holdings Group 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.

Tianli Holdings Group'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 )
=-90.531 / 533.782
=-16.96 %

Tianli Holdings Group's Operating Margin % for the quarter that ended in Dec. 2023 is calculated as

Operating Margin %=Operating Income (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=-18.444 / 301.229
=-6.12 %

* 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.


Tianli Holdings Group  (HKSE:00117) 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.


Tianli Holdings Group Operating Margin % Related Terms

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Tianli Holdings Group (HKSE:00117) Business Description

Traded in Other Exchanges
N/A
Address
99 Queen’s Road Central, Suites 2711-12, 27th Floor, The Center, Hong Kong, HKG
Tianli Holdings Group Ltd is an investment holding company principally engaged in the manufacturing and sales of electronic products with current focus on multi-layer ceramic chips (MLCC) products. It also provides financial services including direct investments in debt, equity and any other assets, asset management, and financial advisory services. The company operates in Mainland China, Hong Kong, and Other countries.

Tianli Holdings Group (HKSE:00117) Headlines

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