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China-Hongkong Photo Products Holdings (HKSE:01123) Operating Margin % : 4.92% (As of Sep. 2023)


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What is China-Hongkong Photo Products Holdings Operating Margin %?

Operating Margin % is calculated as Operating Income divided by its Revenue. China-Hongkong Photo Products Holdings's Operating Income for the six months ended in Sep. 2023 was HK$29 Mil. China-Hongkong Photo Products Holdings's Revenue for the six months ended in Sep. 2023 was HK$579 Mil. Therefore, China-Hongkong Photo Products Holdings's Operating Margin % for the quarter that ended in Sep. 2023 was 4.92%.

The historical rank and industry rank for China-Hongkong Photo Products Holdings's Operating Margin % or its related term are showing as below:

HKSE:01123' s Operating Margin % Range Over the Past 10 Years
Min: -4.51   Med: -1.14   Max: 3.92
Current: 3.92


HKSE:01123's Operating Margin % is ranked worse than
64.55% of 818 companies
in the Travel & Leisure industry
Industry Median: 8.315 vs HKSE:01123: 3.92

China-Hongkong Photo Products Holdings's 5-Year Average Operating Margin % Growth Rate was 0.00% per year.

China-Hongkong Photo Products Holdings's Operating Income for the six months ended in Sep. 2023 was HK$29 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Sep. 2023 was HK$44 Mil.


China-Hongkong Photo Products Holdings Operating Margin % Historical Data

The historical data trend for China-Hongkong Photo Products 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.

China-Hongkong Photo Products Holdings Operating Margin % Chart

China-Hongkong Photo Products 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 -3.61 -4.02 0.68 -0.37 2.48

China-Hongkong Photo Products 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 0.11 -0.80 2.12 2.84 4.92

Competitive Comparison of China-Hongkong Photo Products Holdings's Operating Margin %

For the Leisure subindustry, China-Hongkong Photo Products 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.


China-Hongkong Photo Products Holdings's Operating Margin % Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, China-Hongkong Photo Products Holdings's Operating Margin % distribution charts can be found below:

* The bar in red indicates where China-Hongkong Photo Products Holdings's Operating Margin % falls into.



China-Hongkong Photo Products 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.

China-Hongkong Photo Products 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 )
=26.79 / 1079.245
=2.48 %

China-Hongkong Photo Products 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 )
=28.52 / 579.101
=4.92 %

* 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.


China-Hongkong Photo Products Holdings  (HKSE:01123) 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.


China-Hongkong Photo Products Holdings Operating Margin % Related Terms

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China-Hongkong Photo Products Holdings (HKSE:01123) Business Description

Traded in Other Exchanges
N/A
Address
220-248 Texaco Road, 8th Floor, Tsuen Wan Industrial Centre, Tsuen Wan, Hong Kong, HKG
China-Hongkong Photo Products Holdings Ltd is an investment holding company. The company's operating segment includes Merchandise; Service; Investment and Corporate and 0thers. Its Merchandise segment is engaged in the marketing and distribution of photographic developing, processing and printing products as well as the sale of photographic merchandise, skincare products, consumer electronic products, and household appliances. It generates maximum revenue from the Merchandise segment. Geographically, it derives a majority of revenue from Hong Kong and also has a presence in the People's Republic of China.
Executives
Tricor Equity Trustee Limited 2301 Trustee
Sun Tai Lun
Sun Tao Hsi, Ryan 2305 Beneficiary of a trust

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