GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » New Horizon Aircraft Ltd (NAS:HOVR) » Definitions » Operating Margin %

New Horizon Aircraft (New Horizon Aircraft) Operating Margin % : 0.00% (As of May. 2023)


View and export this data going back to 2024. Start your Free Trial

What is New Horizon Aircraft Operating Margin %?

Operating Margin % is calculated as Operating Income divided by its Revenue. New Horizon Aircraft's Operating Income for the six months ended in May. 2023 was $-0.80 Mil. New Horizon Aircraft's Revenue for the six months ended in May. 2023 was $0.00 Mil. Therefore, New Horizon Aircraft's Operating Margin % for the quarter that ended in May. 2023 was 0.00%.

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


HOVR's Operating Margin % is not ranked *
in the Aerospace & Defense industry.
Industry Median: 6.7
* Ranked among companies with meaningful Operating Margin % only.

New Horizon Aircraft's 5-Year Average Operating Margin % Growth Rate was 0.00% per year.

New Horizon Aircraft's Operating Income for the six months ended in May. 2023 was $-0.80 Mil.


New Horizon Aircraft Operating Margin % Historical Data

The historical data trend for New Horizon Aircraft'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.

New Horizon Aircraft Operating Margin % Chart

New Horizon Aircraft Annual Data
Trend May22 May23
Operating Margin %
- -

New Horizon Aircraft Semi-Annual Data
May22 May23
Operating Margin % - -

Competitive Comparison of New Horizon Aircraft's Operating Margin %

For the Aerospace & Defense subindustry, New Horizon Aircraft'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.


New Horizon Aircraft's Operating Margin % Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, New Horizon Aircraft's Operating Margin % distribution charts can be found below:

* The bar in red indicates where New Horizon Aircraft's Operating Margin % falls into.



New Horizon Aircraft 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.

New Horizon Aircraft's Operating Margin % for the fiscal year that ended in May. 2023 is calculated as

Operating Margin %=Operating Income (A: May. 2023 ) / Revenue (A: May. 2023 )
=-0.803 / 0
= %

New Horizon Aircraft's Operating Margin % for the quarter that ended in May. 2023 is calculated as

Operating Margin %=Operating Income (Q: May. 2023 ) / Revenue (Q: May. 2023 )
=-0.803 / 0
= %

* 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.


New Horizon Aircraft  (NAS:HOVR) 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.


New Horizon Aircraft Operating Margin % Related Terms

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


New Horizon Aircraft (New Horizon Aircraft) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
3187 Highway 35, Lindsay, ON, CAN, K9V 4R1
Website
New Horizon Aircraft Ltd is an advanced aerospace Original Equipment Manufacturer that is designing and aiming to build a next-generation hybrid electric vertical take-off and landing aircraft for the regional air mobility market. Its unique aircraft will offer a more efficient way to move people and goods at a regional scale, help to connect remote communities and advance its ability to deal with an increasing number of climate-related natural disasters such as wildfires, Floods and droughts. The company aims to deliver a hybrid electric 7-seat aircraft, called the Cavorite X7, that can take off and land vertically like and helicopter.

New Horizon Aircraft (New Horizon Aircraft) Headlines

From GuruFocus

Horizon Aircraft Provides Corporate Update

By Marketwired 04-16-2024