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Shizuoka Gas Co (TSE:9543) Operating Margin % : -2.73% (As of Dec. 2023)


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What is Shizuoka Gas Co Operating Margin %?

Operating Margin % is calculated as Operating Income divided by its Revenue. Shizuoka Gas Co's Operating Income for the three months ended in Dec. 2023 was 円-1,246 Mil. Shizuoka Gas Co's Revenue for the three months ended in Dec. 2023 was 円45,565 Mil. Therefore, Shizuoka Gas Co's Operating Margin % for the quarter that ended in Dec. 2023 was -2.73%.

Good Sign:

Shizuoka Gas Co Ltd operating margin is expanding. Margin expansion is usually a good sign.

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

TSE:9543' s Operating Margin % Range Over the Past 10 Years
Min: 3.4   Med: 5.59   Max: 9.42
Current: 8.57


TSE:9543's Operating Margin % is ranked worse than
61.06% of 511 companies
in the Utilities - Regulated industry
Industry Median: 12.56 vs TSE:9543: 8.57

Shizuoka Gas Co's 5-Year Average Operating Margin % Growth Rate was 10.10% per year.

Shizuoka Gas Co's Operating Income for the three months ended in Dec. 2023 was 円-1,246 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2023 was 円18,340 Mil.


Shizuoka Gas Co Operating Margin % Historical Data

The historical data trend for Shizuoka Gas 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.

Shizuoka Gas Co Operating Margin % Chart

Shizuoka Gas 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 5.55 5.63 3.75 4.16 8.57

Shizuoka Gas Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 2.94 18.73 7.71 4.12 -2.73

Competitive Comparison of Shizuoka Gas Co's Operating Margin %

For the Utilities - Regulated Gas subindustry, Shizuoka Gas 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.


Shizuoka Gas Co's Operating Margin % Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Shizuoka Gas Co's Operating Margin % distribution charts can be found below:

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



Shizuoka Gas 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.

Shizuoka Gas 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 )
=18340 / 214004
=8.57 %

Shizuoka Gas Co's Operating Margin % for the quarter that ended in Dec. 2023 is calculated as

Operating Margin %=Operating Income (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=-1246 / 45565
=-2.73 %

* 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.


Shizuoka Gas Co  (TSE:9543) 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.


Shizuoka Gas Co Operating Margin % Related Terms

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Shizuoka Gas Co (TSE:9543) Business Description

Traded in Other Exchanges
N/A
Address
1-5-38 Yawata, Suruga-ku, Shizuoka, JPN, 422-8688
Shizuoka Gas Co Ltd, or Shizgas, is a Japanese electric power and gas company. Shizgas is primarily involved in the distribution of city gas through its pipeline network to Japanese municipalities between Tokyo and Nagoya along the coastline of the Pacific Ocean near Mount Fuji. The company segments its operations into gas, LPG, and other energy services, and other businesses units. Shizuoka Gas derives the vast majority of its revenue from sales of natural gas. The company's customers are mainly split between wholesale and industrial consumers in terms of sales volume. Shizuoka Gas also generates revenue from the sale of liquefied natural gas that it imports from overseas, utility facility construction, and natural gas piping installations in Japan.

Shizuoka Gas Co (TSE:9543) Headlines

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