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Rasan Information Technology Co (SAU:8313) Operating Margin % : 16.63% (As of Jun. 2024)


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What is Rasan Information Technology Co Operating Margin %?

Operating Margin % is calculated as Operating Income divided by its Revenue. Rasan Information Technology Co's Operating Income for the six months ended in Jun. 2024 was ﷼21.7 Mil. Rasan Information Technology Co's Revenue for the six months ended in Jun. 2024 was ﷼130.5 Mil. Therefore, Rasan Information Technology Co's Operating Margin % for the quarter that ended in Jun. 2024 was 16.63%.

The historical rank and industry rank for Rasan Information Technology Co's Operating Margin % or its related term are showing as below:

SAU:8313' s Operating Margin % Range Over the Past 10 Years
Min: 0   Med: 0   Max: 16.63
Current: 16.63


SAU:8313's Operating Margin % is ranked better than
75.44% of 57 companies
in the Insurance industry
Industry Median: 6.14 vs SAU:8313: 16.63

Rasan Information Technology Co's 5-Year Average Operating Margin % Growth Rate was 0.00% per year.

Rasan Information Technology Co's Operating Income for the six months ended in Jun. 2024 was ﷼21.7 Mil.


Rasan Information Technology Co Operating Margin % Historical Data

The historical data trend for Rasan Information Technology 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.

Rasan Information Technology Co Operating Margin % Chart

Rasan Information Technology Co Annual Data
Trend
Operating Margin %

Rasan Information Technology Co Semi-Annual Data
Jun23 Jun24
Operating Margin % 8.75 16.63

Competitive Comparison of Rasan Information Technology Co's Operating Margin %

For the Insurance Brokers subindustry, Rasan Information Technology 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.


Rasan Information Technology Co's Operating Margin % Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Rasan Information Technology Co's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Rasan Information Technology Co's Operating Margin % falls into.



Rasan Information Technology 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.

Rasan Information Technology Co's Operating Margin % for the fiscal year that ended in . 20 is calculated as

Operating Margin %=Operating Income (A: . 20 ) / Revenue (A: . 20 )
= /
= %

Rasan Information Technology Co's Operating Margin % for the quarter that ended in Jun. 2024 is calculated as

Operating Margin %=Operating Income (Q: Jun. 2024 ) / Revenue (Q: Jun. 2024 )
=21.696 / 130.459
=16.63 %

* 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.


Rasan Information Technology Co  (SAU:8313) 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.


Rasan Information Technology Co Operating Margin % Related Terms

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Rasan Information Technology Co Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
No. 3413, Al Thumama Road, 1st Floor, Al-Jadah Square, Qurtuba District, Riyadh, SAU, 13248
Rasan Information Technology Co is engaged in online wholesale, electronic publishing, ready software publishing, systems analysis, design and customization of program software, software maintenance, web page design, setting up of web page hosting infrastructure, providing SMS design, and website design. Currently, it is engaged in providing insurance aggregator, online auto auction, and online leasing insurance services. The company's operating segments include Tameeni-Motors, Tameeni-Health, Leasing, Awal Mazad, and R Solutions. Maximum revenue is derived from the Tameeni Motors segment which offers a B2C digital platform providing vehicle owners access to motor insurers.

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