Operating Margin % is calculated as Operating Income divided by its Revenue. China In-Tech's Operating Income for the
six
months ended in Sep. 2023 was HK$-7.9 Mil. China In-Tech's Revenue for the
six
months ended in Sep. 2023 was HK$70.2 Mil. Therefore, China In-Tech's Operating Margin % for the quarter that ended in Sep. 2023 was -11.22%.
Warning Sign:
China In-Tech Ltd operating margin has been in a 5-year decline. The average rate of decline per year is -19.6%.
The historical rank and industry rank for China In-Tech's Operating Margin % or its related term are showing as below:
HKSE:00464'
s Operating Margin % Range Over the Past 10 Years
Min: -29.56 Med: -6.53 Max: 0.83
Current: -29.56
HKSE:00464's Operating Margin % is ranked worse than 90.95% of 1856
companies
in the Consumer Packaged Goods industry
Industry Median: 4.85
vs HKSE:00464: -29.56
China In-Tech's 5-Year Average Operating Margin % Growth Rate was -19.60% per year.
China In-Tech's Operating Income for the
six
months ended in Sep. 2023 was HK$-7.9 Mil.
Its Operating Income for the trailing twelve months (TTM) ended in Sep. 2023 was HK$-38.6 Mil.
China In-Tech Operating Margin % Historical Data
The historical data trend for China In-Tech'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.
Competitive Comparison of China In-Tech's Operating Margin %
For the Household & Personal Products subindustry, China In-Tech'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 In-Tech's Operating Margin % Distribution in the Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, China In-Tech's Operating Margin % distribution charts can be found below:
* The bar in red indicates where China In-Tech's Operating Margin % falls into.
China In-Tech 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 In-Tech's Operating Margin % for the fiscal year that ended in Mar. 2023 is calculated as
* 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 In-Tech (HKSE:00464) 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 Nokias 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 In-Tech Operating Margin % Related Terms
Thank you for viewing the detailed overview of China In-Tech's Operating Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.
China In-Tech Ltd Formerly China Overseas Nuoxin International Holdings Ltd engages in the design, manufacture, and sale of electrical haircare and healthcare products. Its product portfolio includes Hair dryer, Straightener, Curling tong, Hot air styler, Mini vac cleaner, Facial sauna, Electric massager, Derma cleanser, and other small household electrical appliances. The firm also engages in the design, manufacture, and sale of motors; and the provision of contract processing services. The group's revenue is mainly derived from customers located in Europe, Asia, North and South America, Australia, and Africa, of which a majority of revenue is derived from Europe.
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