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Yangzijiang Shipbuilding (Holdings) (TPE:911609) Operating Margin % : 14.99% (As of Dec. 2022)


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What is Yangzijiang Shipbuilding (Holdings) Operating Margin %?

Operating Margin % is calculated as Operating Income divided by its Revenue. Yangzijiang Shipbuilding (Holdings)'s Operating Income for the six months ended in Dec. 2022 was NT$7,226 Mil. Yangzijiang Shipbuilding (Holdings)'s Revenue for the six months ended in Dec. 2022 was NT$48,205 Mil. Therefore, Yangzijiang Shipbuilding (Holdings)'s Operating Margin % for the quarter that ended in Dec. 2022 was 14.99%.

The historical rank and industry rank for Yangzijiang Shipbuilding (Holdings)'s Operating Margin % or its related term are showing as below:

TPE:911609' s Operating Margin % Range Over the Past 10 Years
Min: 11.35   Med: 19.07   Max: 25.95
Current: 13.42


TPE:911609's Operating Margin % is ranked better than
78.29% of 304 companies
in the Aerospace & Defense industry
Industry Median: 6.89 vs TPE:911609: 13.42

Yangzijiang Shipbuilding (Holdings)'s 5-Year Average Operating Margin % Growth Rate was -1.00% per year.

Yangzijiang Shipbuilding (Holdings)'s Operating Income for the six months ended in Dec. 2022 was NT$7,226 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2022 was NT$12,291 Mil.


Yangzijiang Shipbuilding (Holdings) Operating Margin % Historical Data

The historical data trend for Yangzijiang Shipbuilding (Holdings)'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.

Yangzijiang Shipbuilding (Holdings) Operating Margin % Chart

Yangzijiang Shipbuilding (Holdings) 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 17.23 24.21 11.35 13.47 20.90

Yangzijiang Shipbuilding (Holdings) Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Dec23
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 10.88 11.63 11.76 14.99 -

Competitive Comparison of Yangzijiang Shipbuilding (Holdings)'s Operating Margin %

For the Aerospace & Defense subindustry, Yangzijiang Shipbuilding (Holdings)'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.


Yangzijiang Shipbuilding (Holdings)'s Operating Margin % Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Yangzijiang Shipbuilding (Holdings)'s Operating Margin % distribution charts can be found below:

* The bar in red indicates where Yangzijiang Shipbuilding (Holdings)'s Operating Margin % falls into.



Yangzijiang Shipbuilding (Holdings) 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.

Yangzijiang Shipbuilding (Holdings)'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 )
=22056.923 / 105535.767
=20.90 %

Yangzijiang Shipbuilding (Holdings)'s Operating Margin % for the quarter that ended in Dec. 2022 is calculated as

Operating Margin %=Operating Income (Q: Dec. 2022 ) / Revenue (Q: Dec. 2022 )
=7226.056 / 48205.079
=14.99 %

* 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.


Yangzijiang Shipbuilding (Holdings)  (TPE:911609) 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.


Yangzijiang Shipbuilding (Holdings) Operating Margin % Related Terms

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Yangzijiang Shipbuilding (Holdings) (TPE:911609) Business Description

Traded in Other Exchanges
Address
No. 1 Lianyi Road, Jiangyin-Jingjiang Industry Zone, Jiangsu Province, Jingjiang, CHN, 214532
Yangzijiang Shipbuilding (Holdings) Ltd is a large conglomerate, with shipbuilding and offshore engineering as its core focus. Its reportable segments comprise Shipbuilding, Shipping and others. The majority of revenue gets derived from the Shipbuilding segment that of shipbuilding and offshore marine equipment construction. The principal activities of the shipping segment consist of charter hire income earned by vessel owning companies. Geographically, it generates revenue from China.

Yangzijiang Shipbuilding (Holdings) (TPE:911609) Headlines

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