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Guangdong Chant Group (SZSE:002616) Operating Margin % : 15.11% (As of Mar. 2024)


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What is Guangdong Chant Group Operating Margin %?

Operating Margin % is calculated as Operating Income divided by its Revenue. Guangdong Chant Group's Operating Income for the three months ended in Mar. 2024 was ¥150 Mil. Guangdong Chant Group's Revenue for the three months ended in Mar. 2024 was ¥994 Mil. Therefore, Guangdong Chant Group's Operating Margin % for the quarter that ended in Mar. 2024 was 15.11%.

Warning Sign:

Guangdong Chant Group Inc operating margin has been in a 5-year decline. The average rate of decline per year is -5.5%.

The historical rank and industry rank for Guangdong Chant Group's Operating Margin % or its related term are showing as below:

SZSE:002616' s Operating Margin % Range Over the Past 10 Years
Min: 6.46   Med: 10.85   Max: 21.93
Current: 16.61


SZSE:002616's Operating Margin % is ranked better than
90.69% of 2461 companies
in the Hardware industry
Industry Median: 3.49 vs SZSE:002616: 16.61

Guangdong Chant Group's 5-Year Average Operating Margin % Growth Rate was -5.50% per year.

Guangdong Chant Group's Operating Income for the three months ended in Mar. 2024 was ¥150 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2024 was ¥666 Mil.

Warning Sign:

Guangdong Chant Group Inc has recorded a loss in operating income at least once over the past 3 years.


Guangdong Chant Group Operating Margin % Historical Data

The historical data trend for Guangdong Chant Group'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.

Guangdong Chant Group Operating Margin % Chart

Guangdong Chant Group 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 20.20 21.93 6.46 11.14 16.01

Guangdong Chant Group 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 12.56 17.75 15.80 17.68 15.11

Competitive Comparison of Guangdong Chant Group's Operating Margin %

For the Consumer Electronics subindustry, Guangdong Chant Group'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.


Guangdong Chant Group's Operating Margin % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Guangdong Chant Group's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Guangdong Chant Group's Operating Margin % falls into.



Guangdong Chant Group 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.

Guangdong Chant Group'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 )
=635.174 / 3966.398
=16.01 %

Guangdong Chant Group'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 )
=150.185 / 993.65
=15.11 %

* 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.


Guangdong Chant Group  (SZSE:002616) 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.


Guangdong Chant Group Operating Margin % Related Terms

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Guangdong Chant Group (SZSE:002616) Business Description

Traded in Other Exchanges
N/A
Address
No. 42, South Xiaolan Industrial Avenue, Guangdong Province, Zhongshan City, CHN, 528415
Guangdong Chant Group Inc is a Chinese company engaged in the production and sales of gas appliances as well as involved in the environmental industry. It manufactures gas valves, gas heaters, barbecue grills, gas cookers and gas appliance parts. The product portfolio of the company includes charcoal barbecues, gas barbecues, air cooler, patio heaters, camping stove, water heaters, cooktops, and others. The company in the environmental industry is involved in co-generation projects and biomass power generation projects.
Executives
Gong Wei Quan Executives
Su Hui Yi Securities Affairs Representative
Zhang Ru Yi Directors, executives
Liao Jie Fen Supervisors
He Qi Qiang Director
Mai Zheng Hui Directors, executives

Guangdong Chant Group (SZSE:002616) Headlines

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