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YGM Trading (HKSE:00375) Operating Margin % : -1.48% (As of Mar. 2024)


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What is YGM Trading Operating Margin %?

Operating Margin % is calculated as Operating Income divided by its Revenue. YGM Trading's Operating Income for the six months ended in Mar. 2024 was HK$-1.9 Mil. YGM Trading's Revenue for the six months ended in Mar. 2024 was HK$131.9 Mil. Therefore, YGM Trading's Operating Margin % for the quarter that ended in Mar. 2024 was -1.48%.

Good Sign:

YGM Trading Ltd operating margin is expanding. Margin expansion is usually a good sign.

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

HKSE:00375' s Operating Margin % Range Over the Past 10 Years
Min: -22.59   Med: -9.96   Max: 3.88
Current: -4.84


HKSE:00375's Operating Margin % is ranked worse than
81.63% of 1105 companies
in the Retail - Cyclical industry
Industry Median: 3.61 vs HKSE:00375: -4.84

YGM Trading's 5-Year Average Operating Margin % Growth Rate was 26.60% per year.

YGM Trading's Operating Income for the six months ended in Mar. 2024 was HK$-1.9 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2024 was HK$-10.7 Mil.


YGM Trading Operating Margin % Historical Data

The historical data trend for YGM Trading'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.

YGM Trading Operating Margin % Chart

YGM Trading Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Operating Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -9.18 -8.51 -10.74 -8.67 -2.57

YGM Trading Semi-Annual Data
Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 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 -19.10 -1.50 -3.91 -1.48 -9.85

Competitive Comparison of YGM Trading's Operating Margin %

For the Apparel Retail subindustry, YGM Trading'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.


YGM Trading's Operating Margin % Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, YGM Trading's Operating Margin % distribution charts can be found below:

* The bar in red indicates where YGM Trading's Operating Margin % falls into.



YGM Trading 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.

YGM Trading's Operating Margin % for the fiscal year that ended in Mar. 2024 is calculated as

Operating Margin %=Operating Income (A: Mar. 2024 ) / Revenue (A: Mar. 2024 )
=-6.116 / 238.435
=-2.57 %

YGM Trading'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 )
=-1.947 / 131.861
=-1.48 %

* 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.


YGM Trading  (HKSE:00375) 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.


YGM Trading Operating Margin % Related Terms

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


YGM Trading Business Description

Traded in Other Exchanges
N/A
Address
22 Tai Yau Street, San Po Kong, Kowloon, Hong Kong, HKG
YGM Trading Ltd is an investment holding and provision of management service company. The company's operating segments include Sales of garments; Licensing of trademarks; Printing and related services and Property rental. The sales of garments segment of the company is involved in the wholesale and retail of garments; the Printing and related services segment is engaged in the provision of security printing and sale of printed products; Licensing of trademarks segment is engaged in the management and licensing of trademarks for royalty income, and Property rental: leasing of properties to generate rental income. The company generates maximum revenue from the Sales of the garments segment. Geographically, it derives a majority of its revenue from Hong Kong.
Executives
Chan Wing Kee 2101 Beneficial owner
Chan Wing Fui Peter 2101 Beneficial owner
Chan Suk Ling, Shirley 2101 Beneficial owner
Chan Wing Sun
Chan Wing To 2101 Beneficial owner

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