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Li Ming Development Construction Co (ROCO:6212) Operating Margin % : -293.41% (As of Sep. 2024)


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What is Li Ming Development Construction Co Operating Margin %?

Operating Margin % is calculated as Operating Income divided by its Revenue. Li Ming Development Construction Co's Operating Income for the three months ended in Sep. 2024 was NT$-10 Mil. Li Ming Development Construction Co's Revenue for the three months ended in Sep. 2024 was NT$3 Mil. Therefore, Li Ming Development Construction Co's Operating Margin % for the quarter that ended in Sep. 2024 was -293.41%.

Good Sign:

Li Ming Development Construction Co Ltd operating margin is expanding. Margin expansion is usually a good sign.

The historical rank and industry rank for Li Ming Development Construction Co's Operating Margin % or its related term are showing as below:

ROCO:6212' s Operating Margin % Range Over the Past 10 Years
Min: -2362.94   Med: 13.82   Max: 21.32
Current: 13.19


ROCO:6212's Operating Margin % is ranked worse than
50.31% of 1761 companies
in the Real Estate industry
Industry Median: 13.26 vs ROCO:6212: 13.19

Li Ming Development Construction Co's 5-Year Average Operating Margin % Growth Rate was 2.20% per year.

Li Ming Development Construction Co's Operating Income for the three months ended in Sep. 2024 was NT$-10 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Sep. 2024 was NT$999 Mil.

Warning Sign:

Li Ming Development Construction Co Ltd had lost money in 50% of the time over the past 12quarters.


Li Ming Development Construction Co Operating Margin % Historical Data

The historical data trend for Li Ming Development Construction Co'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.

Li Ming Development Construction Co Operating Margin % Chart

Li Ming Development Construction Co 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 8.67 13.21 15.91 20.18 14.43

Li Ming Development Construction Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 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 -71.53 13.68 13.06 -1,869.78 -293.41

Competitive Comparison of Li Ming Development Construction Co's Operating Margin %

For the Real Estate - Development subindustry, Li Ming Development Construction Co'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.


Li Ming Development Construction Co's Operating Margin % Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Li Ming Development Construction Co's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Li Ming Development Construction Co's Operating Margin % falls into.



Li Ming Development Construction Co 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.

Li Ming Development Construction Co'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 )
=816.562 / 5658.569
=14.43 %

Li Ming Development Construction Co's Operating Margin % for the quarter that ended in Sep. 2024 is calculated as

Operating Margin %=Operating Income (Q: Sep. 2024 ) / Revenue (Q: Sep. 2024 )
=-9.615 / 3.277
=-293.41 %

* 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.


Li Ming Development Construction Co  (ROCO:6212) 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.


Li Ming Development Construction Co Operating Margin % Related Terms

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Li Ming Development Construction Co Business Description

Traded in Other Exchanges
N/A
Address
Gongdao 5th Road, 7th Floor, No. 419, Section 2, Hsinchu, TWN, 30069
Li Ming Development Construction Co Ltd is engaged in the construction, leasing and sale of residential building, decorating and sale of construction materials. The company is also involved in landscape and interior design. It operates in one single segment that is the development of the property segment which is mainly engaged in the commissioning construction of residences and buildings and renting properties. It generates a vast majority of its revenues from Construction.

Li Ming Development Construction Co Headlines

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