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Shenzhen MinDe Electronics Technology (SZSE:300656) Operating Margin % : 16.21% (As of Jun. 2024)


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What is Shenzhen MinDe Electronics Technology Operating Margin %?

Operating Margin % is calculated as Operating Income divided by its Revenue. Shenzhen MinDe Electronics Technology's Operating Income for the three months ended in Jun. 2024 was ¥15.4 Mil. Shenzhen MinDe Electronics Technology's Revenue for the three months ended in Jun. 2024 was ¥95.2 Mil. Therefore, Shenzhen MinDe Electronics Technology's Operating Margin % for the quarter that ended in Jun. 2024 was 16.21%.

Warning Sign:

Shenzhen MinDe Electronics Technology Ltd operating margin has been in a 5-year decline. The average rate of decline per year is -4.5%.

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

SZSE:300656' s Operating Margin % Range Over the Past 10 Years
Min: 13.59   Med: 18.92   Max: 35.83
Current: 18.23


SZSE:300656's Operating Margin % is ranked better than
84.77% of 1064 companies
in the Business Services industry
Industry Median: 6.175 vs SZSE:300656: 18.23

Shenzhen MinDe Electronics Technology's 5-Year Average Operating Margin % Growth Rate was -4.50% per year.

Shenzhen MinDe Electronics Technology's Operating Income for the three months ended in Jun. 2024 was ¥15.4 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Jun. 2024 was ¥68.8 Mil.


Shenzhen MinDe Electronics Technology Operating Margin % Historical Data

The historical data trend for Shenzhen MinDe Electronics Technology'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.

Shenzhen MinDe Electronics Technology Operating Margin % Chart

Shenzhen MinDe Electronics Technology 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 18.09 15.84 17.83 13.59 16.54

Shenzhen MinDe Electronics Technology Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 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 13.63 11.84 25.83 17.42 16.21

Competitive Comparison of Shenzhen MinDe Electronics Technology's Operating Margin %

For the Security & Protection Services subindustry, Shenzhen MinDe Electronics Technology'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.


Shenzhen MinDe Electronics Technology's Operating Margin % Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Shenzhen MinDe Electronics Technology's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Shenzhen MinDe Electronics Technology's Operating Margin % falls into.



Shenzhen MinDe Electronics Technology 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.

Shenzhen MinDe Electronics Technology'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 )
=66.095 / 399.509
=16.54 %

Shenzhen MinDe Electronics Technology'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 )
=15.438 / 95.235
=16.21 %

* 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.


Shenzhen MinDe Electronics Technology  (SZSE:300656) 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.


Shenzhen MinDe Electronics Technology Operating Margin % Related Terms

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Shenzhen MinDe Electronics Technology Business Description

Traded in Other Exchanges
N/A
Address
No.5, Kezhi Xi Road, 5th Floor, Section 1, 25th Block, Keji Yuan, Nanshan District, Shenzhen, CHN, 518057
Shenzhen MinDe Electronics Technology Ltd is a Chinese company engaged in designing, developing and manufacturing barcode scan instruments. Its products include handheld barcode scanners, cordless barcode scanners, scan engines, image platform, and lightweight data terminal, among others. The application domains are manufacturing, retailing, postage, logistic and medical services. It has customers in China and in various other countries.
Executives
Huang Xiao Dong Directors, executives
Gao Jian Directors, executives
Luo Yuan Xiong Supervisors
Zou Shan Feng Director
Fan Zhang Zheng Directors, executives
Yi Yang Qing Directors, executives
Bai Nan Supervisors
Chen Guo Bing Securities Affairs Representative
Xu Wen Huan Directors, executives

Shenzhen MinDe Electronics Technology Headlines

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