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Jardine Cycle & Carriage (STU:CYC) Operating Margin % : 11.90% (As of Jun. 2024)


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What is Jardine Cycle & Carriage Operating Margin %?

Operating Margin % is calculated as Operating Income divided by its Revenue. Jardine Cycle & Carriage's Operating Income for the six months ended in Jun. 2024 was €1,184 Mil. Jardine Cycle & Carriage's Revenue for the six months ended in Jun. 2024 was €9,952 Mil. Therefore, Jardine Cycle & Carriage's Operating Margin % for the quarter that ended in Jun. 2024 was 11.90%.

Good Sign:

Jardine Cycle & Carriage Ltd operating margin is expanding. Margin expansion is usually a good sign.

The historical rank and industry rank for Jardine Cycle & Carriage's Operating Margin % or its related term are showing as below:

STU:CYC' s Operating Margin % Range Over the Past 10 Years
Min: 7.47   Med: 10.25   Max: 13.96
Current: 12.71


STU:CYC's Operating Margin % is ranked better than
75.95% of 528 companies
in the Conglomerates industry
Industry Median: 5.38 vs STU:CYC: 12.71

Jardine Cycle & Carriage's 5-Year Average Operating Margin % Growth Rate was 6.40% per year.

Jardine Cycle & Carriage's Operating Income for the six months ended in Jun. 2024 was €1,184 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Jun. 2024 was €2,507 Mil.


Jardine Cycle & Carriage Operating Margin % Historical Data

The historical data trend for Jardine Cycle & Carriage'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.

Jardine Cycle & Carriage Operating Margin % Chart

Jardine Cycle & Carriage 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 11.81 11.46 9.58 12.57 13.96

Jardine Cycle & Carriage Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 14.53 10.64 14.34 13.54 11.90

Competitive Comparison of Jardine Cycle & Carriage's Operating Margin %

For the Conglomerates subindustry, Jardine Cycle & Carriage'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.


Jardine Cycle & Carriage's Operating Margin % Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Jardine Cycle & Carriage's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Jardine Cycle & Carriage's Operating Margin % falls into.



Jardine Cycle & Carriage 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.

Jardine Cycle & Carriage'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 )
=2846.551 / 20389.036
=13.96 %

Jardine Cycle & Carriage'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 )
=1184.011 / 9952.47
=11.90 %

* 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.


Jardine Cycle & Carriage  (STU:CYC) 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.


Jardine Cycle & Carriage Operating Margin % Related Terms

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Jardine Cycle & Carriage Business Description

Traded in Other Exchanges
Address
239 Alexandra Road, Singapore, SGP, 159930
Jardine Cycle & Carriage Ltd is an investment holding conglomerate focused on investments in the manufacture and distribution of motor vehicles in Southeast Asia. its segments are Astra, Thaco, direct motor interests, and other interests. The Astra segment includes the company's controlling interest in Astra International, an automotive group in Southeast Asia; THACO is a multi-industry group; Direct Motor extensive dealership network across Southeast Asia. The Other Strategic interests segment includes Southeast Asia investments in Siam City Cement and Refrigeration Electrical Engineering Corporation.

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