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Concord Medical Services Holdings (Concord Medical Services Holdings) Operating Margin % : -98.44% (As of Dec. 2023)


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What is Concord Medical Services Holdings Operating Margin %?

Operating Margin % is calculated as Operating Income divided by its Revenue. Concord Medical Services Holdings's Operating Income for the six months ended in Dec. 2023 was $-34.87 Mil. Concord Medical Services Holdings's Revenue for the six months ended in Dec. 2023 was $35.42 Mil. Therefore, Concord Medical Services Holdings's Operating Margin % for the quarter that ended in Dec. 2023 was -98.44%.

Good Sign:

Concord Medical Services Holdings Ltd operating margin is expanding. Margin expansion is usually a good sign.

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

CCM' s Operating Margin % Range Over the Past 10 Years
Min: -182.09   Med: -90.26   Max: 30.26
Current: -86.17


CCM's Operating Margin % is ranked worse than
88.34% of 652 companies
in the Healthcare Providers & Services industry
Industry Median: 3.805 vs CCM: -86.17

Concord Medical Services Holdings's 5-Year Average Operating Margin % Growth Rate was 12.70% per year.

Concord Medical Services Holdings's Operating Income for the six months ended in Dec. 2023 was $-34.87 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2023 was $-64.75 Mil.

Warning Sign:

Concord Medical Services Holdings Ltd has never been profitable in the past 3 years. It lost money every year.


Concord Medical Services Holdings Operating Margin % Historical Data

The historical data trend for Concord Medical Services 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.

Concord Medical Services Holdings Operating Margin % Chart

Concord Medical Services 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 -182.09 -137.89 -94.37 -111.22 -86.15

Concord Medical Services 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 -93.74 -170.26 -85.24 -75.22 -98.44

Competitive Comparison of Concord Medical Services Holdings's Operating Margin %

For the Medical Care Facilities subindustry, Concord Medical Services 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.


Concord Medical Services Holdings's Operating Margin % Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Concord Medical Services Holdings's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Concord Medical Services Holdings's Operating Margin % falls into.



Concord Medical Services 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.

Concord Medical Services 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 )
=-64.842 / 75.264
=-86.15 %

Concord Medical Services 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 )
=-34.867 / 35.418
=-98.44 %

* 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.


Concord Medical Services Holdings  (NYSE:CCM) 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.


Concord Medical Services Holdings Operating Margin % Related Terms

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Concord Medical Services Holdings (Concord Medical Services Holdings) Business Description

Traded in Other Exchanges
N/A
Address
Room 2701-05 , 36 North Third Ring Road, Tower A, Global Trade Center, Dongcheng District, Beijing, CHN, 100013
Concord Medical Services Holdings Ltd operates radiotherapy and diagnostic imaging centers in China. The company operates cooperative centers across several provinces and administrative regions in China. Its network includes radiotherapy centers and diagnostic imaging centers and centers providing other treatment and diagnostic services, such as electroencephalography for the diagnosis of epilepsy, thermotherapy to increase the efficacy of and for pain relief after radiotherapy and chemotherapy, high intensity focused ultrasound therapy for the treatment of cancer, stereotactic radiofrequency ablation for the treatment of Parkinson's Disease and refraction and tonometry for the diagnosis of ophthalmic conditions.