Operating Margin % is calculated as Operating Income divided by its Revenue. Macau Legend Development's Operating Income for the
six
months ended in Dec. 2022 was HK$-271.4 Mil. Macau Legend Development's Revenue for the
six
months ended in Dec. 2022 was HK$167.9 Mil. Therefore, Macau Legend Development's Operating Margin % for the quarter that ended in Dec. 2022 was -161.71%.
Warning Sign:
Macau Legend Development Ltd operating margin has been in a 5-year decline. The average rate of decline per year is -74.3%.
The historical rank and industry rank for Macau Legend Development's Operating Margin % or its related term are showing as below:
HKSE:01680'
s Operating Margin % Range Over the Past 10 Years
Min: -133.28 Med: -14.19 Max: 28.9
Current: -92.28
HKSE:01680's Operating Margin % is ranked worse than 95.08% of 813
companies
in the Travel & Leisure industry
Industry Median: 5.70
vs HKSE:01680: -92.28
Macau Legend Development's 5-Year Average Operating Margin % Growth Rate was -74.30% per year.
Macau Legend Development's Operating Income for the
six
months ended in Dec. 2022 was HK$-271.4 Mil.
Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2022 was HK$-656.6 Mil.
Warning Sign:
Macau Legend Development Ltd has never been profitable in the past 3 years. It lost money every year.
Macau Legend Development Operating Margin % Historical Data
The historical data trend for Macau Legend Development'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.
Macau Legend Development Annual Data
Trend
Dec13
Dec14
Dec15
Dec16
Dec17
Dec18
Dec19
Dec20
Dec21
Dec22
Operating Margin %
-6.15
-5.83
-133.28
-69.33
-92.28
Macau Legend Development Semi-Annual Data
Jun13
Dec13
Jun14
Dec14
Jun15
Dec15
Jun16
Dec16
Jun17
Dec17
Jun18
Dec18
Jun19
Dec19
Jun20
Dec20
Jun21
Dec21
Jun22
Dec22
Operating Margin %
-141.23
-72.38
-66.68
-70.84
-161.71
Competitive Comparison
For the Resorts & Casinos subindustry, Macau Legend Development'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.
Macau Legend Development Operating Margin % Distribution
For the Travel & Leisure industry and Consumer Cyclical sector, Macau Legend Development's Operating Margin % distribution charts can be found below:
* The bar in red indicates where Macau Legend Development's Operating Margin % falls in comparison to its industry or sector. The grey bar indicates the Operating Margin %'s extreme value range as defined by GuruFocus.
Macau Legend Development 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.
Macau Legend Development's Operating Margin % for the fiscal year that ended in Dec. 2022 is calculated as
* 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.
Macau Legend Development (HKSE:01680) 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 Nokias 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.
Macau Legend Development Operating Margin % Related Terms
Thank you for viewing the detailed overview of Macau Legend Development's Operating Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.
Macau Legend Development (HKSE:01680) Business Description
Macau Legend Development Ltd is an investment holdings company,It is engaged in the resorts and casinos industry. The business has two segments: Gaming and Non-Gaming. The Gaming segment is engaged in gaming-related services such as gaming tables and electronic gaming machines. The company's flagship resort and gaming center is The Landmark Macau, a hotel, casino, and luxury shopping center. The Non-Gaming segment is involved in hotel operations, such as food and beverage services and others. The company generates the vast majority of its revenue in Macau.
Create New Portfolio
Portfolio Contest
Personalize
Premium Gurus 
(0%) Volume: 426,000 Jun. 02
Email Alerts
Stock PDF
RSS
Website
Sources
Download
Manual of Stocks™ Web APP
HKSE:01680 has been successfully added to your 
