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Huidanitary Ware Co (SHSE:603385) Operating Margin % : 2.92% (As of Mar. 2024)


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What is Huidanitary Ware Co Operating Margin %?

Operating Margin % is calculated as Operating Income divided by its Revenue. Huidanitary Ware Co's Operating Income for the three months ended in Mar. 2024 was ¥20 Mil. Huidanitary Ware Co's Revenue for the three months ended in Mar. 2024 was ¥689 Mil. Therefore, Huidanitary Ware Co's Operating Margin % for the quarter that ended in Mar. 2024 was 2.92%.

Warning Sign:

Huida Sanitary Ware Co Ltd operating margin has been in a 5-year decline. The average rate of decline per year is -18.7%.

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

SHSE:603385' s Operating Margin % Range Over the Past 10 Years
Min: 4.03   Med: 8.89   Max: 12.71
Current: 4.28


SHSE:603385's Operating Margin % is ranked worse than
55.95% of 1655 companies
in the Construction industry
Industry Median: 5.22 vs SHSE:603385: 4.28

Huidanitary Ware Co's 5-Year Average Operating Margin % Growth Rate was -18.70% per year.

Huidanitary Ware Co's Operating Income for the three months ended in Mar. 2024 was ¥20 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2024 was ¥156 Mil.


Huidanitary Ware Co Operating Margin % Historical Data

The historical data trend for Huidanitary Ware 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.

Huidanitary Ware Co Operating Margin % Chart

Huidanitary Ware 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 12.71 11.87 7.19 4.56 4.03

Huidanitary Ware Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 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 1.40 3.09 10.17 0.44 2.92

Competitive Comparison of Huidanitary Ware Co's Operating Margin %

For the Building Products & Equipment subindustry, Huidanitary Ware 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.


Huidanitary Ware Co's Operating Margin % Distribution in the Construction Industry

For the Construction industry and Industrials sector, Huidanitary Ware Co's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Huidanitary Ware Co's Operating Margin % falls into.



Huidanitary Ware 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.

Huidanitary Ware 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 )
=145.07 / 3603.515
=4.03 %

Huidanitary Ware Co'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 )
=20.099 / 688.589
=2.92 %

* 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.


Huidanitary Ware Co  (SHSE:603385) 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.


Huidanitary Ware Co Operating Margin % Related Terms

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Huidanitary Ware Co (SHSE:603385) Business Description

Traded in Other Exchanges
N/A
Address
No. 7, Huida Road, Huida Ceramic World, Huanggezhuang Town, Fengnan District, Hebei Province, Tangshan City, CHN, 063307
Huida Sanitary Ware Co Ltd is a Chinese company engaged in the production and sale of sanitary ceramics products, architectural ceramics, and sanitary ware sanitary ware accessories. It offers products such as sanitary wares, bath cabinets, wall tiles, the plastic fittings, washbasin, faucets, electronic products, the bathtub and the hardware fittings. The entity offers its products to the clients all over the world.
Executives
Wang Jia Director
Zhang Chun Yu Directors, senior managers
Yin Kang Director
Wang Yan Qing Director
Wang Yan Wei Director
Wang Hui Wen Director
Du Guo Feng Director
Dong Hua Zhong Director
Yang Chun senior management

Huidanitary Ware Co (SHSE:603385) Headlines

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