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Carry Wealth Holdings (HKSE:00643) Operating Margin % : -0.31% (As of Dec. 2023)


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What is Carry Wealth Holdings Operating Margin %?

Operating Margin % is calculated as Operating Income divided by its Revenue. Carry Wealth Holdings's Operating Income for the six months ended in Dec. 2023 was HK$-0.8 Mil. Carry Wealth Holdings's Revenue for the six months ended in Dec. 2023 was HK$265.8 Mil. Therefore, Carry Wealth Holdings's Operating Margin % for the quarter that ended in Dec. 2023 was -0.31%.

Good Sign:

Carry Wealth Holdings Ltd operating margin is expanding. Margin expansion is usually a good sign.

The historical rank and industry rank for Carry Wealth Holdings's Operating Margin % or its related term are showing as below:

HKSE:00643' s Operating Margin % Range Over the Past 10 Years
Min: -29.21   Med: -5.38   Max: -0.42
Current: -0.42


HKSE:00643's Operating Margin % is ranked worse than
69.15% of 1047 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 3.8 vs HKSE:00643: -0.42

Carry Wealth Holdings's 5-Year Average Operating Margin % Growth Rate was 43.50% per year.

Carry Wealth Holdings's Operating Income for the six months ended in Dec. 2023 was HK$-0.8 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2023 was HK$-2.1 Mil.

Warning Sign:

Carry Wealth Holdings Ltd has never been profitable in the past 3 years. It lost money every year.


Carry Wealth Holdings Operating Margin % Historical Data

The historical data trend for Carry Wealth 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.

Carry Wealth Holdings Operating Margin % Chart

Carry Wealth 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 -5.30 -5.45 -0.66 -1.07 -0.42

Carry Wealth Holdings Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 0.33 0.80 -2.88 -0.55 -0.31

Competitive Comparison of Carry Wealth Holdings's Operating Margin %

For the Apparel Manufacturing subindustry, Carry Wealth 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.


Carry Wealth Holdings's Operating Margin % Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Carry Wealth Holdings's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Carry Wealth Holdings's Operating Margin % falls into.



Carry Wealth 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.

Carry Wealth 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 )
=-2.08 / 493.06
=-0.42 %

Carry Wealth Holdings'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 )
=-0.83 / 265.842
=-0.31 %

* 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.


Carry Wealth Holdings  (HKSE:00643) 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.


Carry Wealth Holdings Operating Margin % Related Terms

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Carry Wealth Holdings (HKSE:00643) Business Description

Traded in Other Exchanges
N/A
Address
99 Queen’s Road Central, Room 7801-7803, 78th Floor The Center, Central, Hong Kong, HKG
Carry Wealth Holdings Ltd is an investment holding company. It is engaged in the manufacturing and trading of garment products, and securities investment. The company operates through the segments of Garment manufacturing and trading segment including the manufacturing of garments for apparel brands and the sale of garment products; and the Securities investment segment consisting of investment in various securities listed on the Hong Kong stock exchange. Its product ranges from polo, athletics, cardigan, hoody, tee, jacket, bottom, and dress to layette. In addition, the company also provides embroidery machines and printing facilities to handle fashionable graphic design on its product. It derives a majority of revenue from the U.S.

Carry Wealth Holdings (HKSE:00643) Headlines

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