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CMIC HOLDINGS Co (TSE:2309) Operating Margin % : 5.22% (As of Dec. 2023)


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What is CMIC HOLDINGS Co Operating Margin %?

Operating Margin % is calculated as Operating Income divided by its Revenue. CMIC HOLDINGS Co's Operating Income for the three months ended in Dec. 2023 was 円945 Mil. CMIC HOLDINGS Co's Revenue for the three months ended in Dec. 2023 was 円18,087 Mil. Therefore, CMIC HOLDINGS Co's Operating Margin % for the quarter that ended in Dec. 2023 was 5.22%.

Good Sign:

CMIC HOLDINGS Co Ltd operating margin is expanding. Margin expansion is usually a good sign.

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

TSE:2309' s Operating Margin % Range Over the Past 10 Years
Min: 2.53   Med: 5.83   Max: 10.92
Current: 7.65


TSE:2309's Operating Margin % is not ranked
in the Medical Diagnostics & Research industry.
Industry Median: -5.375 vs TSE:2309: 7.65

CMIC HOLDINGS Co's 5-Year Average Operating Margin % Growth Rate was 14.20% per year.

CMIC HOLDINGS Co's Operating Income for the three months ended in Dec. 2023 was 円945 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2023 was 円6,942 Mil.


CMIC HOLDINGS Co Operating Margin % Historical Data

The historical data trend for CMIC HOLDINGS 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.

CMIC HOLDINGS Co Operating Margin % Chart

CMIC HOLDINGS Co Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Operating Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.92 3.42 5.74 10.92 9.81

CMIC HOLDINGS Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 14.39 14.16 5.97 0.91 5.22

Competitive Comparison of CMIC HOLDINGS Co's Operating Margin %

For the Diagnostics & Research subindustry, CMIC HOLDINGS 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.


CMIC HOLDINGS Co's Operating Margin % Distribution in the Medical Diagnostics & Research Industry

For the Medical Diagnostics & Research industry and Healthcare sector, CMIC HOLDINGS Co's Operating Margin % distribution charts can be found below:

* The bar in red indicates where CMIC HOLDINGS Co's Operating Margin % falls into.



CMIC HOLDINGS 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.

CMIC HOLDINGS Co's Operating Margin % for the fiscal year that ended in Sep. 2023 is calculated as

Operating Margin %=Operating Income (A: Sep. 2023 ) / Revenue (A: Sep. 2023 )
=10268 / 104701
=9.81 %

CMIC HOLDINGS Co'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 )
=945 / 18087
=5.22 %

* 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.


CMIC HOLDINGS Co  (TSE:2309) 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.


CMIC HOLDINGS Co Operating Margin % Related Terms

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CMIC HOLDINGS Co (TSE:2309) Business Description

Traded in Other Exchanges
N/A
Address
Hamamatsucho Building, 1-1-1 Shibaura, Minato-ku, Tokyo, JPN, 105-0023
CMIC HOLDINGS Co Ltd is a Japan-based management consulting company. It contributes to the development of the medical and healthcare field. The company is mainly engaged in Contract Research Organization (CRO), Contract Development and Manufacturing (CDMO), Contract Sales Organization (CSO), Innovative Pharma Model (IPM) and healthcare business. CMIC support a wide range of pharmaceutical management services such as data management, statistical analysis, medicine consulting, medical writing, audit, and analytical tests, clinical trials for the medical and pharmaceutical industry, human resource services. It is also engaged in providing sales and marketing support for pharmaceuticals.

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