GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Holitech Technology Co Ltd (SZSE:002217) » Definitions » Operating Margin %

Holitech Technology Co (SZSE:002217) Operating Margin % : -59.95% (As of Mar. 2024)


View and export this data going back to 2008. Start your Free Trial

What is Holitech Technology Co Operating Margin %?

Operating Margin % is calculated as Operating Income divided by its Revenue. Holitech Technology Co's Operating Income for the three months ended in Mar. 2024 was ¥-202 Mil. Holitech Technology Co's Revenue for the three months ended in Mar. 2024 was ¥337 Mil. Therefore, Holitech Technology Co's Operating Margin % for the quarter that ended in Mar. 2024 was -59.95%.

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

SZSE:002217' s Operating Margin % Range Over the Past 10 Years
Min: -31.51   Med: 8.15   Max: 12.6
Current: -31.51


SZSE:002217's Operating Margin % is ranked worse than
94.44% of 1529 companies
in the Chemicals industry
Industry Median: 5.89 vs SZSE:002217: -31.51

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

Holitech Technology Co's Operating Income for the three months ended in Mar. 2024 was ¥-202 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2024 was ¥-984 Mil.


Holitech Technology Co Operating Margin % Historical Data

The historical data trend for Holitech 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.

Holitech Technology Co Operating Margin % Chart

Holitech Technology 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 9.80 -0.27 3.73 -9.82 -23.70

Holitech Technology 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 -17.07 -17.75 -40.75 -38.16 -59.95

Competitive Comparison of Holitech Technology Co's Operating Margin %

For the Chemicals subindustry, Holitech 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.


Holitech Technology Co's Operating Margin % Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Holitech Technology Co's Operating Margin % distribution charts can be found below:

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



Holitech 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.

Holitech Technology 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 )
=-1097.26 / 4630.419
=-23.70 %

Holitech Technology 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 )
=-201.746 / 336.551
=-59.95 %

* 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.


Holitech Technology Co  (SZSE:002217) 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.


Holitech Technology Co Operating Margin % Related Terms

Thank you for viewing the detailed overview of Holitech Technology Co's Operating Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Holitech Technology Co (SZSE:002217) Business Description

Traded in Other Exchanges
N/A
Address
No. 36, Dongfeng Road, Wuyuan County, Shandong Province, Zibo, CHN, 256120
Holitech Technology Co Ltd Ltd is engaged in the manufacture and sale of non-organic chemical products and chemical fertilizers. It is also engaged in development of electronic touch products.
Executives
Chen Hai Yuan Securities Affairs Representative
Wen Kai Fu Director
Wang Yuan Kun Director
Ceng Xiao Li Supervisors
Wang Yi Ming Director
Wang Ling Hong Supervisors
Li De Jun Directors, executives
Wang Chong De Supervisors
Fang Jing Directors, executives
Pang Shi Sen Directors, executives
Liu Zhu Qing Director
Zhao Xi Yun Director
Qi Yuan Shan Supervisors

Holitech Technology Co (SZSE:002217) Headlines

No Headlines