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Haichang Ocean Park Holdings (HKSE:02255) Operating Margin % : -7.88% (As of Dec. 2023)


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What is Haichang Ocean Park Holdings Operating Margin %?

Operating Margin % is calculated as Operating Income divided by its Revenue. Haichang Ocean Park Holdings's Operating Income for the six months ended in Dec. 2023 was HK$-92 Mil. Haichang Ocean Park Holdings's Revenue for the six months ended in Dec. 2023 was HK$1,168 Mil. Therefore, Haichang Ocean Park Holdings's Operating Margin % for the quarter that ended in Dec. 2023 was -7.88%.

The historical rank and industry rank for Haichang Ocean Park Holdings's Operating Margin % or its related term are showing as below:

HKSE:02255' s Operating Margin % Range Over the Past 10 Years
Min: -115.52   Med: 18.77   Max: 32.53
Current: -5.1


HKSE:02255's Operating Margin % is ranked worse than
80.41% of 822 companies
in the Travel & Leisure industry
Industry Median: 8.315 vs HKSE:02255: -5.10

Haichang Ocean Park Holdings's 5-Year Average Operating Margin % Growth Rate was 0.00% per year.

Haichang Ocean Park Holdings's Operating Income for the six months ended in Dec. 2023 was HK$-92 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2023 was HK$-101 Mil.


Haichang Ocean Park Holdings Operating Margin % Historical Data

The historical data trend for Haichang Ocean Park Holdings'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.

Haichang Ocean Park Holdings Operating Margin % Chart

Haichang Ocean Park Holdings 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 20.07 -64.41 -20.71 -115.52 -5.10

Haichang Ocean Park Holdings 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 -49.59 -144.73 -101.45 -1.15 -7.88

Competitive Comparison of Haichang Ocean Park Holdings's Operating Margin %

For the Leisure subindustry, Haichang Ocean Park Holdings'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.


Haichang Ocean Park Holdings's Operating Margin % Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Haichang Ocean Park Holdings's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Haichang Ocean Park Holdings's Operating Margin % falls into.



Haichang Ocean Park Holdings 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.

Haichang Ocean Park Holdings'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 )
=-101.383 / 1987.223
=-5.10 %

Haichang Ocean Park Holdings'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 )
=-92.004 / 1168.282
=-7.88 %

* 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.


Haichang Ocean Park Holdings  (HKSE:02255) 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.


Haichang Ocean Park Holdings Operating Margin % Related Terms

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Haichang Ocean Park Holdings (HKSE:02255) Business Description

Traded in Other Exchanges
N/A
Address
Phase 1, No. 4, Lane 255 Dongyu Road, 31st Floor, Building A, Foreshore Beach World Trade Centre, Pudong New District, Shanghai, CHN, 200123
Haichang Ocean Park Holdings Ltd is a leisure company focused on theme parks. The company operates several theme parks in China with ocean, adventure, and water themes. In addition to theme parks, Haichang owns ancillary commercial properties adjacent to its theme parks that offer complementary services. The company's theme parks and surrounding properties provide rides, sightseeing, entertainment, dining, and shopping. Ocean-themed parks, the style in which Haichang themes most of its parks, focus on marine animal breeding and conservation. Its segments include Park Operations, Operation as a service, and Property Development. Nearly all of its revenues come from Mainland China.

Haichang Ocean Park Holdings (HKSE:02255) Headlines

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