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Ting Sin Co (TPE:2358) Operating Margin % : -58.66% (As of Sep. 2023)


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What is Ting Sin Co Operating Margin %?

Operating Margin % is calculated as Operating Income divided by its Revenue. Ting Sin Co's Operating Income for the three months ended in Sep. 2023 was NT$-83 Mil. Ting Sin Co's Revenue for the three months ended in Sep. 2023 was NT$141 Mil. Therefore, Ting Sin Co's Operating Margin % for the quarter that ended in Sep. 2023 was -58.66%.

Good Sign:

Ting Sin Co Ltd operating margin is expanding. Margin expansion is usually a good sign.

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

TPE:2358' s Operating Margin % Range Over the Past 10 Years
Min: -11.8   Med: 1.26   Max: 7.84
Current: -11.8


TPE:2358's Operating Margin % is not ranked
in the Metals & Mining industry.
Industry Median: 1.73 vs TPE:2358: -11.80

Ting Sin Co's 5-Year Average Operating Margin % Growth Rate was 34.30% per year.

Ting Sin Co's Operating Income for the three months ended in Sep. 2023 was NT$-83 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Sep. 2023 was NT$-177 Mil.

Warning Sign:

Ting Sin Co Ltd had lost money in 50% of the time over the past 12quarters.


Ting Sin Co Operating Margin % Historical Data

The historical data trend for Ting Sin 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.

Ting Sin Co Operating Margin % Chart

Ting Sin Co Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Operating Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.61 1.76 4.37 7.84 3.13

Ting Sin Co Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 -6.27 -0.29 -16.39 -13.43 -58.66

Competitive Comparison of Ting Sin Co's Operating Margin %

For the Aluminum subindustry, Ting Sin 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.


Ting Sin Co's Operating Margin % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Ting Sin Co's Operating Margin % distribution charts can be found below:

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



Ting Sin 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.

Ting Sin Co's Operating Margin % for the fiscal year that ended in Dec. 2022 is calculated as

Operating Margin %=Operating Income (A: Dec. 2022 ) / Revenue (A: Dec. 2022 )
=66.032 / 2112.854
=3.13 %

Ting Sin Co's Operating Margin % for the quarter that ended in Sep. 2023 is calculated as

Operating Margin %=Operating Income (Q: Sep. 2023 ) / Revenue (Q: Sep. 2023 )
=-82.577 / 140.767
=-58.66 %

* 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.


Ting Sin Co  (TPE:2358) 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.


Ting Sin Co Operating Margin % Related Terms

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Ting Sin Co (TPE:2358) Business Description

Traded in Other Exchanges
N/A
Address
No. 386, Zhengzheng Road, 7, 14th Floor, Xitun District, Taichung, TWN, 407
Ting Sin Co Ltd is engaged as a supplier of aluminum alloy billet. The billets are applied in screws and bolts, plastic casing, furniture, construction materials, and military parts. The product line of the company include aluminum alloy billet, direct sales of raw materials, leather goods, and others. The company earns the majority of its revenue from aluminum alloy billet.

Ting Sin Co (TPE:2358) Headlines

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