GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Xiamen Tungsten Co Ltd (SHSE:600549) » Definitions » Operating Margin %

Xiamen Tungsten Co (SHSE:600549) Operating Margin % : 9.21% (As of Mar. 2024)


View and export this data going back to 2002. Start your Free Trial

What is Xiamen Tungsten Co Operating Margin %?

Operating Margin % is calculated as Operating Income divided by its Revenue. Xiamen Tungsten Co's Operating Income for the three months ended in Mar. 2024 was ¥762 Mil. Xiamen Tungsten Co's Revenue for the three months ended in Mar. 2024 was ¥8,270 Mil. Therefore, Xiamen Tungsten Co's Operating Margin % for the quarter that ended in Mar. 2024 was 9.21%.

Good Sign:

Xiamen Tungsten Co Ltd operating margin is expanding. Margin expansion is usually a good sign.

The historical rank and industry rank for Xiamen Tungsten Co's Operating Margin % or its related term are showing as below:

SHSE:600549' s Operating Margin % Range Over the Past 10 Years
Min: 0.59   Med: 8.05   Max: 14.92
Current: 8.9


SHSE:600549's Operating Margin % is ranked better than
69.28% of 856 companies
in the Metals & Mining industry
Industry Median: 1.73 vs SHSE:600549: 8.90

Xiamen Tungsten Co's 5-Year Average Operating Margin % Growth Rate was 4.90% per year.

Xiamen Tungsten Co's Operating Income for the three months ended in Mar. 2024 was ¥762 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2024 was ¥3,480 Mil.


Xiamen Tungsten Co Operating Margin % Historical Data

The historical data trend for Xiamen Tungsten Co'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.

Xiamen Tungsten Co Operating Margin % Chart

Xiamen Tungsten Co 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 5.72 8.58 8.26 7.60 9.27

Xiamen Tungsten Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 10.91 8.90 8.39 9.19 9.21

Competitive Comparison of Xiamen Tungsten Co's Operating Margin %

For the Other Industrial Metals & Mining subindustry, Xiamen Tungsten Co'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.


Xiamen Tungsten Co's Operating Margin % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Xiamen Tungsten Co's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Xiamen Tungsten Co's Operating Margin % falls into.



Xiamen Tungsten Co 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.

Xiamen Tungsten Co'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 )
=3652.234 / 39397.906
=9.27 %

Xiamen Tungsten Co's Operating Margin % for the quarter that ended in Mar. 2024 is calculated as

Operating Margin %=Operating Income (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=761.988 / 8269.712
=9.21 %

* 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.


Xiamen Tungsten Co  (SHSE:600549) 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.


Xiamen Tungsten Co Operating Margin % Related Terms

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


Xiamen Tungsten Co (SHSE:600549) Business Description

Traded in Other Exchanges
N/A
Address
Number 619 Hubin South Road, 16th Floor, Xiamen, Fujian, CHN, 361004
Xiamen Tungsten Co Ltd is engaged in smelting, processing, and developing tungsten, molybdenum, and rare earth metals in the People's Republic of China. It offers tungsten concentrates, such as WO3, WOX, RTP, tungsten powders, cast WC, cemented carbide rods, tungsten steel products, tungsten bars and tungsten wires. The company is also engaged in Rare Earth Business, Molybdenum Business, New Energy Materials Business and Real Estate Business.
Executives
Xu Huo Yao senior management
Wu Gao Chao Directors, senior managers
Hong Chao E senior management
Zhong Ke Xiang senior management
Huang Zhang Geng Director
Zhong Bing Xian senior management
Zhou Yu Jun senior management
Xu Ji Song Supervisors

Xiamen Tungsten Co (SHSE:600549) Headlines

No Headlines