GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Bosideng International Holdings Ltd (HKSE:03998) » Definitions » Operating Margin %

Bosideng International Holdings (HKSE:03998) Operating Margin % : 16.48% (As of Sep. 2023)


View and export this data going back to 2007. Start your Free Trial

What is Bosideng International Holdings Operating Margin %?

Operating Margin % is calculated as Operating Income divided by its Revenue. Bosideng International Holdings's Operating Income for the six months ended in Sep. 2023 was HK$1,320 Mil. Bosideng International Holdings's Revenue for the six months ended in Sep. 2023 was HK$8,015 Mil. Therefore, Bosideng International Holdings's Operating Margin % for the quarter that ended in Sep. 2023 was 16.48%.

Good Sign:

Bosideng International Holdings Ltd operating margin is expanding. Margin expansion is usually a good sign.

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

HKSE:03998' s Operating Margin % Range Over the Past 10 Years
Min: 4.7   Med: 12.93   Max: 17.55
Current: 17.36


HKSE:03998's Operating Margin % is ranked better than
91.2% of 1046 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 3.785 vs HKSE:03998: 17.36

Bosideng International Holdings's 5-Year Average Operating Margin % Growth Rate was 7.40% per year.

Bosideng International Holdings's Operating Income for the six months ended in Sep. 2023 was HK$1,320 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Sep. 2023 was HK$3,486 Mil.


Bosideng International Holdings Operating Margin % Historical Data

The historical data trend for Bosideng International 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.

Bosideng International Holdings Operating Margin % Chart

Bosideng International Holdings Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Operating Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.59 13.90 16.80 16.09 17.55

Bosideng International Holdings Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 14.67 16.80 16.88 17.95 16.48

Competitive Comparison of Bosideng International Holdings's Operating Margin %

For the Apparel Manufacturing subindustry, Bosideng International 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.


Bosideng International Holdings's Operating Margin % Distribution in the Manufacturing - Apparel & Accessories Industry

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

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



Bosideng International 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.

Bosideng International Holdings's Operating Margin % for the fiscal year that ended in Mar. 2023 is calculated as

Operating Margin %=Operating Income (A: Mar. 2023 ) / Revenue (A: Mar. 2023 )
=3353.625 / 19105.751
=17.55 %

Bosideng International Holdings's Operating Margin % for the quarter that ended in Sep. 2023 is calculated as

Operating Margin %=Operating Income (Q: Sep. 2023 ) / Revenue (Q: Sep. 2023 )
=1320.465 / 8014.899
=16.48 %

* 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.


Bosideng International Holdings  (HKSE:03998) 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.


Bosideng International Holdings Operating Margin % Related Terms

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


Bosideng International Holdings (HKSE:03998) Business Description

Traded in Other Exchanges
Address
99 Queen’s Road Central, Unit 5709, 57th Floor, The Center, Central, Hong Kong, HKG
Bosideng International Holdings Ltd is an integrated clothing group in China. It mainly engaged in design, manufacture and sales of down apparel products including research, raw materials procurement, outsourced manufacturing, marketing and distribution of branded down apparel products, original equipment manufacturing products and non-down apparel products. The group operates its business in four segments namely Down apparels, OEM management, Ladieswear apparels, and Diversified apparels. It generates a majority of revenue from the Down apparels segment which carries on the business of sourcing and distributing branded down apparels. The group's down apparel brands include Bosideng, Snow Flying, and Bengen, among others.

Bosideng International Holdings (HKSE:03998) Headlines

No Headlines