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Shandong Ruifeng Chemical Co (SZSE:300243) Operating Margin % : 6.20% (As of Sep. 2024)


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What is Shandong Ruifeng Chemical Co Operating Margin %?

Operating Margin % is calculated as Operating Income divided by its Revenue. Shandong Ruifeng Chemical Co's Operating Income for the three months ended in Sep. 2024 was ¥30 Mil. Shandong Ruifeng Chemical Co's Revenue for the three months ended in Sep. 2024 was ¥490 Mil. Therefore, Shandong Ruifeng Chemical Co's Operating Margin % for the quarter that ended in Sep. 2024 was 6.20%.

Warning Sign:

Shandong Ruifeng Chemical Co Ltd operating margin has been in a 5-year decline. The average rate of decline per year is -11.7%.

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

SZSE:300243' s Operating Margin % Range Over the Past 10 Years
Min: 4   Med: 8.66   Max: 9.88
Current: 5.17


SZSE:300243's Operating Margin % is ranked worse than
53.33% of 1530 companies
in the Chemicals industry
Industry Median: 5.865 vs SZSE:300243: 5.17

Shandong Ruifeng Chemical Co's 5-Year Average Operating Margin % Growth Rate was -11.70% per year.

Shandong Ruifeng Chemical Co's Operating Income for the three months ended in Sep. 2024 was ¥30 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Sep. 2024 was ¥100 Mil.

Warning Sign:

Shandong Ruifeng Chemical Co Ltd has recorded a loss in operating income at least once over the past 3 years.


Shandong Ruifeng Chemical Co Operating Margin % Historical Data

The historical data trend for Shandong Ruifeng Chemical 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.

Shandong Ruifeng Chemical Co Operating Margin % Chart

Shandong Ruifeng Chemical 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 9.01 9.03 8.25 4.00 6.19

Shandong Ruifeng Chemical Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 7.19 4.94 4.69 4.84 6.20

Competitive Comparison of Shandong Ruifeng Chemical Co's Operating Margin %

For the Specialty Chemicals subindustry, Shandong Ruifeng Chemical 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.


Shandong Ruifeng Chemical Co's Operating Margin % Distribution in the Chemicals Industry

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

* The bar in red indicates where Shandong Ruifeng Chemical Co's Operating Margin % falls into.


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Shandong Ruifeng Chemical 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.

Shandong Ruifeng Chemical 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 )
=110.006 / 1775.932
=6.19 %

Shandong Ruifeng Chemical Co's Operating Margin % for the quarter that ended in Sep. 2024 is calculated as

Operating Margin %=Operating Income (Q: Sep. 2024 ) / Revenue (Q: Sep. 2024 )
=30.349 / 489.71
=6.20 %

* 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.


Shandong Ruifeng Chemical Co  (SZSE:300243) 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.


Shandong Ruifeng Chemical Co Operating Margin % Related Terms

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Shandong Ruifeng Chemical Co Business Description

Traded in Other Exchanges
N/A
Address
Yiyuan Economic Development Zone, Shandong, Zibo, CHN, 256100
Shandong Ruifeng Chemical Co Ltd is engaged in the research, development, manufacture, and sales of PVC auxiliaries. The products of the company are acrylate impact modifier, impact modifier MBS resin, and ultra-high molecular weight PVC foaming regulator.
Executives
Tang Chuan Xun Director
Song Zhi Gang Directors, executives
Ding Feng Supervisors
Shao Ze Heng Director
Qi Yuan Yu Supervisors
Xu Yue Ling Executives
Zhao Zi Yang Secretary Dong
Zhu Xi Hai Securities Affairs Representative
Zhou Hai Directors, executives
Liu Chun Xin Executives
Zhang Rong Xing Executives
Zhou Shi Bin Director
Cai Cheng Yu Directors, executives
Zhang Lin Directors, Directors, and Executives
Sang Pei Zhou Directors, executives

Shandong Ruifeng Chemical Co Headlines

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