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Lever Style (HKSE:01346) Operating Margin % : 10.23% (As of Dec. 2023)


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What is Lever Style Operating Margin %?

Operating Margin % is calculated as Operating Income divided by its Revenue. Lever Style's Operating Income for the six months ended in Dec. 2023 was HK$87 Mil. Lever Style's Revenue for the six months ended in Dec. 2023 was HK$846 Mil. Therefore, Lever Style's Operating Margin % for the quarter that ended in Dec. 2023 was 10.23%.

Good Sign:

Lever Style Corp operating margin is expanding. Margin expansion is usually a good sign.

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

HKSE:01346' s Operating Margin % Range Over the Past 10 Years
Min: 0.56   Med: 6.09   Max: 9.9
Current: 8.66


HKSE:01346's Operating Margin % is ranked better than
70.88% of 1044 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 4.01 vs HKSE:01346: 8.66

Lever Style's 5-Year Average Operating Margin % Growth Rate was 14.40% per year.

Lever Style's Operating Income for the six months ended in Dec. 2023 was HK$87 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2023 was HK$141 Mil.


Lever Style Operating Margin % Historical Data

The historical data trend for Lever Style'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.

Lever Style Operating Margin % Chart

Lever Style Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Operating Margin %
Get a 7-Day Free Trial 5.78 0.56 3.92 9.90 8.66

Lever Style Semi-Annual Data
Dec16 Dec17 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 3.89 7.01 12.21 6.98 10.23

Competitive Comparison of Lever Style's Operating Margin %

For the Apparel Manufacturing subindustry, Lever Style'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.


Lever Style's Operating Margin % Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Lever Style's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Lever Style's Operating Margin % falls into.



Lever Style 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.

Lever Style'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 )
=141.092 / 1628.57
=8.66 %

Lever Style'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 )
=86.501 / 845.973
=10.23 %

* 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.


Lever Style  (HKSE:01346) 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.


Lever Style Operating Margin % Related Terms

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


Lever Style (HKSE:01346) Business Description

Traded in Other Exchanges
N/A
Address
12 Hing Yip Street, Wing Tai Centre, 7th Floor, Room 76, Flat A, Kwun Tong, Kowloon, Hong Kong, HKG
Lever Style Corp engages in apparel manufacturing. The firm offers a wide range of product categories for both men and women. Its product line comprises shirts, bottoms, suits, outwear, and other products out of which sale of shirts derives the majority revenue. Geographically, the United States of America contributes majority of the firm's revenue.
Executives
Imaginative Company Limited 2201 Interest of corporation controlled by you
Lever Style Holdings Limited 2101 Beneficial owner
Szeto Chi Yan Stanley 2201 Interest of corporation controlled by you
Fung Capital Limited 2201 Interest of corporation controlled by you
Hsbc Trustee (c.i.) Limited 2301 Trustee
Fung Portfolio Limited 2201 Interest of corporation controlled by you
Fung Kwok Lun William 2201 Interest of corporation controlled by you
Jing Lun Kong Gu You Xian Gong Si 2201 Interest of corporation controlled by you
Feng Shi Tou Zi You Xian Gong Si 2201 Interest of corporation controlled by you
Poolside Ventures Limited 2201 Interest of corporation controlled by you
Kci Limited 2201 Interest of corporation controlled by you
Fung Trinity Holdings Limited 2101 Beneficial owner
Fong Tong 2201 Interest of corporation controlled by you

Lever Style (HKSE:01346) Headlines

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