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China Isotope & Radiation (HKSE:01763) Operating Margin % : 11.86% (As of Dec. 2023)


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What is China Isotope & Radiation Operating Margin %?

Operating Margin % is calculated as Operating Income divided by its Revenue. China Isotope & Radiation's Operating Income for the six months ended in Dec. 2023 was HK$505 Mil. China Isotope & Radiation's Revenue for the six months ended in Dec. 2023 was HK$4,260 Mil. Therefore, China Isotope & Radiation's Operating Margin % for the quarter that ended in Dec. 2023 was 11.86%.

Warning Sign:

China Isotope & Radiation Corp operating margin has been in a 5-year decline. The average rate of decline per year is -6.4%.

The historical rank and industry rank for China Isotope & Radiation's Operating Margin % or its related term are showing as below:

HKSE:01763' s Operating Margin % Range Over the Past 10 Years
Min: 12.13   Med: 16.06   Max: 20.8
Current: 12.13


HKSE:01763's Operating Margin % is ranked better than
72.41% of 812 companies
in the Medical Devices & Instruments industry
Industry Median: 1.44 vs HKSE:01763: 12.13

China Isotope & Radiation's 5-Year Average Operating Margin % Growth Rate was -6.40% per year.

China Isotope & Radiation's Operating Income for the six months ended in Dec. 2023 was HK$505 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2023 was HK$880 Mil.


China Isotope & Radiation Operating Margin % Historical Data

The historical data trend for China Isotope & Radiation'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.

China Isotope & Radiation Operating Margin % Chart

China Isotope & Radiation Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Operating Margin %
Get a 7-Day Free Trial Premium Member Only 16.06 13.87 14.42 14.56 12.13

China Isotope & Radiation Semi-Annual Data
Dec15 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 15.75 11.94 16.50 12.50 11.86

Competitive Comparison of China Isotope & Radiation's Operating Margin %

For the Medical Devices subindustry, China Isotope & Radiation'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 Isotope & Radiation's Operating Margin % Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, China Isotope & Radiation's Operating Margin % distribution charts can be found below:

* The bar in red indicates where China Isotope & Radiation's Operating Margin % falls into.



China Isotope & Radiation 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 Isotope & Radiation'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 )
=879.98 / 7257.214
=12.13 %

China Isotope & Radiation'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 )
=505.25 / 4259.619
=11.86 %

* 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 Isotope & Radiation  (HKSE:01763) 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.


China Isotope & Radiation Operating Margin % Related Terms

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China Isotope & Radiation (HKSE:01763) Business Description

Traded in Other Exchanges
N/A
Address
No. 66 Changwa Middle Street, Haidian District, Beijing, CHN, 100089
China Isotope & Radiation Corp is a Chinese company. It has five operating segments: Pharmaceuticals; Radioactive source products; Irradiation; Radiation therapy equipment and related services and Other businesses. Its Pharmaceutical segment is the key revenue driver, which manufactures and sells imaging diagnostic and therapeutic radiopharmaceuticals imaging, UBT diagnostic kits, and test analyzers, and other products. Its radioactive source products segment involves the sale of medical and industrial radioactive source products and technical services. The Group's operations are carried out and majority of the Group's customers are located in the PRC.

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