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Tian An China Investments Co (HKSE:00028) Operating Margin % : 9.11% (As of Dec. 2023)


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What is Tian An China Investments Co Operating Margin %?

Operating Margin % is calculated as Operating Income divided by its Revenue. Tian An China Investments Co's Operating Income for the six months ended in Dec. 2023 was HK$151 Mil. Tian An China Investments Co's Revenue for the six months ended in Dec. 2023 was HK$1,653 Mil. Therefore, Tian An China Investments Co's Operating Margin % for the quarter that ended in Dec. 2023 was 9.11%.

Warning Sign:

Tian An China Investments Co Ltd operating margin has been in a 5-year decline. The average rate of decline per year is -7.9%.

The historical rank and industry rank for Tian An China Investments Co's Operating Margin % or its related term are showing as below:

HKSE:00028' s Operating Margin % Range Over the Past 10 Years
Min: -16.7   Med: 16.1   Max: 35.91
Current: 11.68


HKSE:00028's Operating Margin % is ranked worse than
51.94% of 1779 companies
in the Real Estate industry
Industry Median: 13.09 vs HKSE:00028: 11.68

Tian An China Investments Co's 5-Year Average Operating Margin % Growth Rate was -7.90% per year.

Tian An China Investments Co's Operating Income for the six months ended in Dec. 2023 was HK$151 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2023 was HK$325 Mil.


Tian An China Investments Co Operating Margin % Historical Data

The historical data trend for Tian An China Investments 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.

Tian An China Investments Co Operating Margin % Chart

Tian An China Investments 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 24.17 20.52 35.91 34.08 11.68

Tian An China Investments Co 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 40.83 37.94 33.24 15.43 9.11

Competitive Comparison of Tian An China Investments Co's Operating Margin %

For the Real Estate - Development subindustry, Tian An China Investments 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.


Tian An China Investments Co's Operating Margin % Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Tian An China Investments Co's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Tian An China Investments Co's Operating Margin % falls into.



Tian An China Investments 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.

Tian An China Investments 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 )
=324.817 / 2782.05
=11.68 %

Tian An China Investments Co'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 )
=150.549 / 1652.872
=9.11 %

* 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.


Tian An China Investments Co  (HKSE:00028) 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.


Tian An China Investments Co Operating Margin % Related Terms

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Tian An China Investments Co (HKSE:00028) Business Description

Traded in Other Exchanges
Address
138 Gloucester Road, 22nd Floor, Allied Kajima Building, Wanchai, Hong Kong, HKG
Tian An China Investments Co Ltd is an investment holding company. Along with its subsidiaries, it is engaged in the activities of Property development, Property investment, and Other operations segments. The activities of the group include the development of apartments, villas, office buildings, and commercial properties, property investment, and property management on the mainland in the PRC, and property investment and property management in Hong Kong. The firm's operations are reported from China from the property development segment.
Executives
Allied Group Limited 2201 Interest of corporation controlled by you
Lee Seng Hui 2201 Interest of corporation controlled by you
Lee Seng Huang 2201 Interest of corporation controlled by you
Lee Su Hwei 2201 Interest of corporation controlled by you
China Spirit Limited 2201 Interest of corporation controlled by you
Vigor Online Offshore Limited 2101 Beneficial owner
Chong Sok Un 2201 Interest of corporation controlled by you
Pia Ltd 2102 Investment manager
Argyle Street Management Holdings Limited
Argyle Street Management Limited
Chan Kin
Allied Properties (h.k.) Limited

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