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Red Star Macalline Group (HKSE:01528) Operating Margin % : 35.47% (As of Mar. 2024)


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What is Red Star Macalline Group Operating Margin %?

Operating Margin % is calculated as Operating Income divided by its Revenue. Red Star Macalline Group's Operating Income for the three months ended in Mar. 2024 was HK$813 Mil. Red Star Macalline Group's Revenue for the three months ended in Mar. 2024 was HK$2,294 Mil. Therefore, Red Star Macalline Group's Operating Margin % for the quarter that ended in Mar. 2024 was 35.47%.

Warning Sign:

Red Star Macalline Group Corp Ltd operating margin has been in a 5-year decline. The average rate of decline per year is -2.9%.

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

HKSE:01528' s Operating Margin % Range Over the Past 10 Years
Min: 33.39   Med: 40.37   Max: 49.77
Current: 33.41


HKSE:01528's Operating Margin % is ranked better than
74.6% of 1764 companies
in the Real Estate industry
Industry Median: 13.07 vs HKSE:01528: 33.41

Red Star Macalline Group's 5-Year Average Operating Margin % Growth Rate was -2.90% per year.

Red Star Macalline Group's Operating Income for the three months ended in Mar. 2024 was HK$813 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2024 was HK$3,997 Mil.


Red Star Macalline Group Operating Margin % Historical Data

The historical data trend for Red Star Macalline 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.

Red Star Macalline Group Operating Margin % Chart

Red Star Macalline 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 38.43 36.19 36.83 39.19 33.39

Red Star Macalline Group Quarterly Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 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 35.36 39.70 15.30 44.03 35.47

Competitive Comparison of Red Star Macalline Group's Operating Margin %

For the Real Estate Services subindustry, Red Star Macalline 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.


Red Star Macalline Group's Operating Margin % Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Red Star Macalline Group's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Red Star Macalline Group's Operating Margin % falls into.



Red Star Macalline 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.

Red Star Macalline 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 )
=4205.514 / 12594.845
=33.39 %

Red Star Macalline Group'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 )
=813.492 / 2293.768
=35.47 %

* 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.


Red Star Macalline Group  (HKSE:01528) 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.


Red Star Macalline Group Operating Margin % Related Terms

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


Red Star Macalline Group (HKSE:01528) Business Description

Traded in Other Exchanges
Address
No. 2/5, Lane 1466, Shenchang Road, Minhang District, Shanghai, CHN
Red Star Macalline Group Corp Ltd operates home improvement and furnishings shopping malls in China. It has various segments.Owned/Leased Portfolio Shopping Malls segment, which is the key revenue driver, leases floor areas to the tenants and provides management support to them. Managed Shopping Malls segment provides initiation, consultation, and management services to its partners and construction contractors to develop and manage the shopping malls under its own brand. The Construction and design segment provides building installation and decorating services in shopping malls. Sales of merchandise and related services segment include retail sales of home furnishing merchandise and providing related decorating services. All of its revenues are derived from the PRC.
Executives
Taobao China Holding Limited 2101 Beneficial owner
Taobao Holding Limited 2201 Interest of corporation controlled by you
Alibaba Investment Limited 2201 Interest of corporation controlled by you
New Retail Strategic Opportunities Fund Gp, L.p. 2201 Interest of corporation controlled by you
New Retail Strategic Opportunities Fund, L.p. 2201 Interest of corporation controlled by you
New Retail Strategic Opportunities Gp Limited 2201 Interest of corporation controlled by you
New Retail Strategic Opportunities Investments 4 Limited 2101 Beneficial owner
Alibaba Group Holding Limited 2201 Interest of corporation controlled by you
Wong Man Li 2201 Interest of corporation controlled by you
Hui Wai Hing 2202 Interest of your spouse
Man Wah Investments Limited 2101 Beneficial owner
Ubs Trustees (b.v.i.) Limited 2301 Trustee
Xi Xi Development Limited 2201 Interest of corporation controlled by you
New Fortune Star Limited 2201 Interest of corporation controlled by you
Wong Luen Hei 2307 Founder of a discretionary trust who can infl

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