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Binh Minh Plastics JSC (STC:BMP) Operating Margin % : 24.60% (As of Mar. 2024)


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What is Binh Minh Plastics JSC Operating Margin %?

Operating Margin % is calculated as Operating Income divided by its Revenue. Binh Minh Plastics JSC's Operating Income for the three months ended in Mar. 2024 was ₫246,697 Mil. Binh Minh Plastics JSC's Revenue for the three months ended in Mar. 2024 was ₫1,002,851 Mil. Therefore, Binh Minh Plastics JSC's Operating Margin % for the quarter that ended in Mar. 2024 was 24.60%.

Good Sign:

Binh Minh Plastics JSC operating margin is expanding. Margin expansion is usually a good sign.

The historical rank and industry rank for Binh Minh Plastics JSC's Operating Margin % or its related term are showing as below:

STC:BMP' s Operating Margin % Range Over the Past 10 Years
Min: 7.36   Med: 17.09   Max: 25.83
Current: 25.65


STC:BMP's Operating Margin % is ranked better than
94.75% of 1657 companies
in the Construction industry
Industry Median: 5.24 vs STC:BMP: 25.65

Binh Minh Plastics JSC's 5-Year Average Operating Margin % Growth Rate was 7.20% per year.

Binh Minh Plastics JSC's Operating Income for the three months ended in Mar. 2024 was ₫246,697 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2024 was ₫1,210,571 Mil.


Binh Minh Plastics JSC Operating Margin % Historical Data

The historical data trend for Binh Minh Plastics JSC'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.

Binh Minh Plastics JSC Operating Margin % Chart

Binh Minh Plastics JSC 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 13.86 14.90 7.36 16.84 25.83

Binh Minh Plastics JSC 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 25.59 27.77 28.62 22.53 24.60

Competitive Comparison of Binh Minh Plastics JSC's Operating Margin %

For the Building Products & Equipment subindustry, Binh Minh Plastics JSC'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.


Binh Minh Plastics JSC's Operating Margin % Distribution in the Construction Industry

For the Construction industry and Industrials sector, Binh Minh Plastics JSC's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Binh Minh Plastics JSC's Operating Margin % falls into.



Binh Minh Plastics JSC 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.

Binh Minh Plastics JSC'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 )
=1332291.185 / 5156984.37
=25.83 %

Binh Minh Plastics JSC'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 )
=246696.688 / 1002851.022
=24.60 %

* 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.


Binh Minh Plastics JSC  (STC:BMP) 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.


Binh Minh Plastics JSC Operating Margin % Related Terms

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Binh Minh Plastics JSC (STC:BMP) Business Description

Traded in Other Exchanges
N/A
Address
240 Hau Giang Street, Ward 9, District 6, Ho Chi Minh City, VNM
Binh Minh Plastics JSC is engaged in the manufacture and trade of civil and industrial products made of plastic and rubber. Its products include uPVC pipes and fittings, HPPE pipes, Rubber seal products, Aerosol & workwear caps, Glue products uPVC and others. It also manufactures and trades moulds for the plastic and casting industries. In addition, it is involved in the consultancy and execution of water drainage, yards, and warehouses; transportation of goods by road; and provision of laboratory equipment and advertising services. The business of the group is functioned through Vietnam.

Binh Minh Plastics JSC (STC:BMP) Headlines

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