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Lisheng Sports (Shanghai) Co (SZSE:002858) Operating Margin % : 20.77% (As of Mar. 2024)


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What is Lisheng Sports (Shanghai) Co Operating Margin %?

Operating Margin % is calculated as Operating Income divided by its Revenue. Lisheng Sports (Shanghai) Co's Operating Income for the three months ended in Mar. 2024 was ¥21.8 Mil. Lisheng Sports (Shanghai) Co's Revenue for the three months ended in Mar. 2024 was ¥104.9 Mil. Therefore, Lisheng Sports (Shanghai) Co's Operating Margin % for the quarter that ended in Mar. 2024 was 20.77%.

The historical rank and industry rank for Lisheng Sports (Shanghai) Co's Operating Margin % or its related term are showing as below:

SZSE:002858' s Operating Margin % Range Over the Past 10 Years
Min: -18.16   Med: 14.37   Max: 19.62
Current: 0.87


SZSE:002858's Operating Margin % is ranked worse than
58.46% of 1040 companies
in the Media - Diversified industry
Industry Median: 3.415 vs SZSE:002858: 0.87

Lisheng Sports (Shanghai) Co's 5-Year Average Operating Margin % Growth Rate was 0.00% per year.

Lisheng Sports (Shanghai) Co's Operating Income for the three months ended in Mar. 2024 was ¥21.8 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2024 was ¥3.6 Mil.

Warning Sign:

Lisheng Sports (Shanghai) Co Ltd had lost money in 50% of the time over the past 12quarters.


Lisheng Sports (Shanghai) Co Operating Margin % Historical Data

The historical data trend for Lisheng Sports (Shanghai) 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.

Lisheng Sports (Shanghai) Co Operating Margin % Chart

Lisheng Sports (Shanghai) 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 14.41 -2.22 9.26 -18.16 1.47

Lisheng Sports (Shanghai) 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 26.09 7.38 -9.86 -11.93 20.77

Competitive Comparison of Lisheng Sports (Shanghai) Co's Operating Margin %

For the Entertainment subindustry, Lisheng Sports (Shanghai) 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.


Lisheng Sports (Shanghai) Co's Operating Margin % Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Lisheng Sports (Shanghai) Co's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Lisheng Sports (Shanghai) Co's Operating Margin % falls into.



Lisheng Sports (Shanghai) 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.

Lisheng Sports (Shanghai) 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 )
=5.954 / 405.166
=1.47 %

Lisheng Sports (Shanghai) 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 )
=21.786 / 104.876
=20.77 %

* 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.


Lisheng Sports (Shanghai) Co  (SZSE:002858) 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.


Lisheng Sports (Shanghai) Co Operating Margin % Related Terms

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Lisheng Sports (Shanghai) Co (SZSE:002858) Business Description

Traded in Other Exchanges
N/A
Address
No. 3000 Shenzhuan Road, Sheshan Town, Songjiang District, Shanghai, CHN, 200335
Lisheng Sports (Shanghai) Co Ltd operates as car sports and racing culture media company. Its business activities include planning, organizing, and operation of events; operation of various types of motorsports venues; racing team; racing training center; and provides customers with marketing strategies and solutions.
Executives
Lin Chao Yang Director
Xia Qing Director
Cao Chuan De Director
Chen Ping Executives
Gong Lei Director

Lisheng Sports (Shanghai) Co (SZSE:002858) Headlines

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