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Xiamen Sunrise Group Co (SZSE:002593) Operating Margin % : 2.57% (As of Mar. 2024)


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What is Xiamen Sunrise Group Co Operating Margin %?

Operating Margin % is calculated as Operating Income divided by its Revenue. Xiamen Sunrise Group Co's Operating Income for the three months ended in Mar. 2024 was ¥19 Mil. Xiamen Sunrise Group Co's Revenue for the three months ended in Mar. 2024 was ¥734 Mil. Therefore, Xiamen Sunrise Group Co's Operating Margin % for the quarter that ended in Mar. 2024 was 2.57%.

Warning Sign:

Xiamen Sunrise Group Co Ltd operating margin has been in a 5-year decline. The average rate of decline per year is -11.1%.

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

SZSE:002593' s Operating Margin % Range Over the Past 10 Years
Min: 2.81   Med: 5.93   Max: 7.94
Current: 3.18


SZSE:002593's Operating Margin % is ranked worse than
64.7% of 1289 companies
in the Vehicles & Parts industry
Industry Median: 5.08 vs SZSE:002593: 3.18

Xiamen Sunrise Group Co's 5-Year Average Operating Margin % Growth Rate was -11.10% per year.

Xiamen Sunrise Group Co's Operating Income for the three months ended in Mar. 2024 was ¥19 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2024 was ¥122 Mil.

Warning Sign:

Xiamen Sunrise Group Co Ltd has recorded a loss in operating income at least once over the past 3 years.


Xiamen Sunrise Group Co Operating Margin % Historical Data

The historical data trend for Xiamen Sunrise Group 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.

Xiamen Sunrise Group Co Operating Margin % Chart

Xiamen Sunrise Group 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 5.97 5.88 5.39 2.81 3.50

Xiamen Sunrise Group 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 4.11 4.83 1.65 3.07 2.57

Competitive Comparison of Xiamen Sunrise Group Co's Operating Margin %

For the Auto Parts subindustry, Xiamen Sunrise Group 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.


Xiamen Sunrise Group Co's Operating Margin % Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Xiamen Sunrise Group Co's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Xiamen Sunrise Group Co's Operating Margin % falls into.



Xiamen Sunrise Group 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.

Xiamen Sunrise Group 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 )
=138.094 / 3950.868
=3.50 %

Xiamen Sunrise Group 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 )
=18.896 / 734.49
=2.57 %

* 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.


Xiamen Sunrise Group Co  (SZSE:002593) 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.


Xiamen Sunrise Group Co Operating Margin % Related Terms

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Xiamen Sunrise Group Co (SZSE:002593) Business Description

Traded in Other Exchanges
N/A
Address
No. 30, Xinglin Xingbei Road, Fujian Province, Jimei District, Xiamen, CHN, 361022
Xiamen Sunrise Group Co Ltd is engaged in the research, development, production, and sales of metal products and automotive products. The products of the company include tubeless steel wheels, steel drums, and forged aluminium wheels.
Executives
Wu Xiao Hong Directors, executives
Wu Zi Wen Directors, executives
Chen Ming Li Supervisors
Lan Ri Jin Supervisors
Wu Zhi Liang Directors, executives
Zheng Yu Qing Executives
He Ai Ping Executives
Huang Xue Cheng Directors, executives
Zhong Bai An Directors, executives
Zhang Wen Qing Supervisors
Wang Yong Dong Director

Xiamen Sunrise Group Co (SZSE:002593) Headlines

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