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Tianjin Port Development Holdings (HKSE:03382) Operating Margin % : 7.93% (As of Dec. 2023)


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What is Tianjin Port Development Holdings Operating Margin %?

Operating Margin % is calculated as Operating Income divided by its Revenue. Tianjin Port Development Holdings's Operating Income for the six months ended in Dec. 2023 was HK$574 Mil. Tianjin Port Development Holdings's Revenue for the six months ended in Dec. 2023 was HK$7,240 Mil. Therefore, Tianjin Port Development Holdings's Operating Margin % for the quarter that ended in Dec. 2023 was 7.93%.

Good Sign:

Tianjin Port Development Holdings Ltd operating margin is expanding. Margin expansion is usually a good sign.

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

HKSE:03382' s Operating Margin % Range Over the Past 10 Years
Min: 7.37   Med: 10.58   Max: 14.08
Current: 12.78


HKSE:03382's Operating Margin % is ranked better than
67.04% of 971 companies
in the Transportation industry
Industry Median: 7.46 vs HKSE:03382: 12.78

Tianjin Port Development Holdings's 5-Year Average Operating Margin % Growth Rate was 8.50% per year.

Tianjin Port Development Holdings's Operating Income for the six months ended in Dec. 2023 was HK$574 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2023 was HK$1,724 Mil.


Tianjin Port Development Holdings Operating Margin % Historical Data

The historical data trend for Tianjin Port Development Holdings'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.

Tianjin Port Development Holdings Operating Margin % Chart

Tianjin Port Development Holdings 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 10.59 10.57 10.17 11.35 12.78

Tianjin Port Development Holdings 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 7.88 12.18 10.34 18.40 7.93

Competitive Comparison of Tianjin Port Development Holdings's Operating Margin %

For the Marine Shipping subindustry, Tianjin Port Development Holdings'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.


Tianjin Port Development Holdings's Operating Margin % Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Tianjin Port Development Holdings's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Tianjin Port Development Holdings's Operating Margin % falls into.



Tianjin Port Development Holdings 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.

Tianjin Port Development Holdings'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 )
=1723.534 / 13484.271
=12.78 %

Tianjin Port Development Holdings'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 )
=574.339 / 7240.303
=7.93 %

* 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.


Tianjin Port Development Holdings  (HKSE:03382) 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.


Tianjin Port Development Holdings Operating Margin % Related Terms

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Tianjin Port Development Holdings (HKSE:03382) Business Description

Traded in Other Exchanges
Address
Times Square, 1 Matheson Street, Suite 3904-3907, 39th Floor, Tower Two, Causeway Bay, Hong Kong, HKG
Tianjin Port Development Holdings Ltd is a transportation and logistics company that operates the Tianjin Port in the People's Republic of China. The company organizes itself into three segments: non-containerised and container cargo handling, sales, and other port ancillary services. The cargo handling segment, which generates the majority of revenue, handles both container and non-container cargo. Sales, the next most significant segment, sells fuel and other supplies and materials. Other port ancillary services include tugboat services, agency services, tallying, and other services.
Executives
Teda Investment Holding Co., Ltd.
Tsinlien Group Company Limited
Tian Jin Tai Da Shi Ye Ji Tuan You Xian Gong Si
Tian Jin Bo Hai Guo You Zi Chan Jing Ying Guan Li You Xian Gong Si
Tianjin Teda Investment Holding Co., Ltd. 2201 Interest of corporation controlled by you

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