GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Nien Made Enterprise Co Ltd (TPE:8464) » Definitions » Operating Margin %

Nien Made Enterprise Co (TPE:8464) Operating Margin % : 24.36% (As of Mar. 2024)


View and export this data going back to 2015. Start your Free Trial

What is Nien Made Enterprise Co Operating Margin %?

Operating Margin % is calculated as Operating Income divided by its Revenue. Nien Made Enterprise Co's Operating Income for the three months ended in Mar. 2024 was NT$1,538 Mil. Nien Made Enterprise Co's Revenue for the three months ended in Mar. 2024 was NT$6,313 Mil. Therefore, Nien Made Enterprise Co's Operating Margin % for the quarter that ended in Mar. 2024 was 24.36%.

Good Sign:

Nien Made Enterprise Co Ltd operating margin is expanding. Margin expansion is usually a good sign.

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

TPE:8464' s Operating Margin % Range Over the Past 10 Years
Min: 18.15   Med: 25.15   Max: 28.51
Current: 25.96


TPE:8464's Operating Margin % is ranked better than
96.67% of 421 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 5.6 vs TPE:8464: 25.96

Nien Made Enterprise Co's 5-Year Average Operating Margin % Growth Rate was 2.50% per year.

Nien Made Enterprise Co's Operating Income for the three months ended in Mar. 2024 was NT$1,538 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2024 was NT$7,051 Mil.


Nien Made Enterprise Co Operating Margin % Historical Data

The historical data trend for Nien Made Enterprise 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.

Nien Made Enterprise Co Operating Margin % Chart

Nien Made Enterprise 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 25.72 28.51 26.71 25.45 25.90

Nien Made Enterprise 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 24.03 25.78 25.34 28.11 24.36

Competitive Comparison of Nien Made Enterprise Co's Operating Margin %

For the Furnishings, Fixtures & Appliances subindustry, Nien Made Enterprise 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.


Nien Made Enterprise Co's Operating Margin % Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Nien Made Enterprise Co's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Nien Made Enterprise Co's Operating Margin % falls into.



Nien Made Enterprise 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.

Nien Made Enterprise 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 )
=6970.135 / 26913.391
=25.90 %

Nien Made Enterprise 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 )
=1537.982 / 6312.589
=24.36 %

* 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.


Nien Made Enterprise Co  (TPE:8464) 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.


Nien Made Enterprise Co Operating Margin % Related Terms

Thank you for viewing the detailed overview of Nien Made Enterprise Co's Operating Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Nien Made Enterprise Co (TPE:8464) Business Description

Traded in Other Exchanges
N/A
Address
No. 1 , 23rd Floor, No. 98 , Chengbei Shizheng N. 7th Road, Xitun District, Taichung, TWN
Nien Made Enterprise Co Ltd is a Taiwan-based company principally engaged in the business of home furnishings. The company manufactures and distributes curtains and window blinds. The product range consists of interior and exterior shutters, faux wood blinds, vinyl blinds, wood blinds, roll-up shades, and cellular shades. The company operates in two reportable segments that are window coverings and other, out of which the majority of revenue is generated by sales of window coverings.

Nien Made Enterprise Co (TPE:8464) Headlines

No Headlines