GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Baotailong New Materials Co Ltd (SHSE:601011) » Definitions » Operating Margin %

Baotailong New Materials Co (SHSE:601011) Operating Margin % : -16.04% (As of Mar. 2024)


View and export this data going back to 2011. Start your Free Trial

What is Baotailong New Materials Co Operating Margin %?

Operating Margin % is calculated as Operating Income divided by its Revenue. Baotailong New Materials Co's Operating Income for the three months ended in Mar. 2024 was ¥-84 Mil. Baotailong New Materials Co's Revenue for the three months ended in Mar. 2024 was ¥522 Mil. Therefore, Baotailong New Materials Co's Operating Margin % for the quarter that ended in Mar. 2024 was -16.04%.

Warning Sign:

Baotailong New Materials Co Ltd operating margin has been in a 5-year decline. The average rate of decline per year is -43.2%.

The historical rank and industry rank for Baotailong New Materials Co's Operating Margin % or its related term are showing as below:

SHSE:601011' s Operating Margin % Range Over the Past 10 Years
Min: -4.22   Med: 9.09   Max: 17.36
Current: -4.22


SHSE:601011's Operating Margin % is ranked worse than
87.89% of 603 companies
in the Steel industry
Industry Median: 4.47 vs SHSE:601011: -4.22

Baotailong New Materials Co's 5-Year Average Operating Margin % Growth Rate was -43.20% per year.

Baotailong New Materials Co's Operating Income for the three months ended in Mar. 2024 was ¥-84 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2024 was ¥-144 Mil.


Baotailong New Materials Co Operating Margin % Historical Data

The historical data trend for Baotailong New Materials 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.

Baotailong New Materials Co Operating Margin % Chart

Baotailong New Materials 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 7.13 6.73 10.74 8.59 0.27

Baotailong New Materials Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 8.47 8.62 -7.87 -5.40 -16.04

Competitive Comparison of Baotailong New Materials Co's Operating Margin %

For the Coking Coal subindustry, Baotailong New Materials 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.


Baotailong New Materials Co's Operating Margin % Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Baotailong New Materials Co's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Baotailong New Materials Co's Operating Margin % falls into.



Baotailong New Materials 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.

Baotailong New Materials 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 )
=9.965 / 3726.6
=0.27 %

Baotailong New Materials Co's Operating Margin % for the quarter that ended in Mar. 2024 is calculated as

Operating Margin %=Operating Income (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=-83.803 / 522.443
=-16.04 %

* 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.


Baotailong New Materials Co  (SHSE:601011) 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.


Baotailong New Materials Co Operating Margin % Related Terms

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


Baotailong New Materials Co (SHSE:601011) Business Description

Traded in Other Exchanges
N/A
Address
Number 16 Baotailong Road, Xinxing District, Heilongjiang Province, Qitaihe, CHN, 154600
Baotailong New Materials Co Ltd engages in coal mining, washing, and processing operations in China. Its products include metallurgical coke, coal tar, crude benzene, coal, methanol, fusel oil, fuel oil, naphtha, coal tar pitch, etc. for steel mills and chemical companies. The company is also involved in power generation and steam production activities. It also exports its products to Russia.

Baotailong New Materials Co (SHSE:601011) Headlines

No Headlines