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Seah Steel Holdings (XKRX:003030) Operating Margin % : 6.85% (As of Dec. 2023)


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What is Seah Steel Holdings Operating Margin %?

Operating Margin % is calculated as Operating Income divided by its Revenue. Seah Steel Holdings's Operating Income for the three months ended in Dec. 2023 was ₩62,642 Mil. Seah Steel Holdings's Revenue for the three months ended in Dec. 2023 was ₩914,596 Mil. Therefore, Seah Steel Holdings's Operating Margin % for the quarter that ended in Dec. 2023 was 6.85%.

Good Sign:

Seah Steel Holdings operating margin is expanding. Margin expansion is usually a good sign.

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

XKRX:003030' s Operating Margin % Range Over the Past 10 Years
Min: 2.39   Med: 4.41   Max: 15.1
Current: 15.1


XKRX:003030's Operating Margin % is ranked better than
87.56% of 603 companies
in the Steel industry
Industry Median: 4.47 vs XKRX:003030: 15.10

Seah Steel Holdings's 5-Year Average Operating Margin % Growth Rate was 43.70% per year.

Seah Steel Holdings's Operating Income for the three months ended in Dec. 2023 was ₩62,642 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2023 was ₩590,946 Mil.


Seah Steel Holdings Operating Margin % Historical Data

The historical data trend for Seah Steel 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.

Seah Steel Holdings Operating Margin % Chart

Seah Steel 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 2.39 2.91 10.52 14.34 15.10

Seah Steel Holdings 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 13.48 20.32 19.01 13.14 6.85

Competitive Comparison of Seah Steel Holdings's Operating Margin %

For the Steel subindustry, Seah Steel 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.


Seah Steel Holdings's Operating Margin % Distribution in the Steel Industry

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

* The bar in red indicates where Seah Steel Holdings's Operating Margin % falls into.



Seah Steel 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.

Seah Steel 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 )
=590946.43 / 3913342.473
=15.10 %

Seah Steel 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 )
=62641.7 / 914595.667
=6.85 %

* 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.


Seah Steel Holdings  (XKRX:003030) 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.


Seah Steel Holdings Operating Margin % Related Terms

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


Seah Steel Holdings (XKRX:003030) Business Description

Traded in Other Exchanges
N/A
Address
45, Yanghwa-ro, Mapo-gu, Seah Tower, 25/26/27th Floor, Seoul, KOR, 04036
Seah Steel Holdings is a Korean based company operates in the steel sector. The business activity of the group includes manufacturing of steel products such as carbon steel pipe, stainless steel pipe, titanium tube, galvanized color steel sheet and others. These products are used in wide range of areas such as oil refining, nuclear power plants, LNG vessels, marine plants and others. Geographically, the activities are carried out through the region of Korea and it drives revenue through the sale of products.

Seah Steel Holdings (XKRX:003030) Headlines

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