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China Yongda Automobiles Services Holdings (HKSE:03669) Operating Margin % : -0.75% (As of Jun. 2023)


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What is China Yongda Automobiles Services Holdings Operating Margin %?

Operating Margin % is calculated as Operating Income divided by its Revenue. China Yongda Automobiles Services Holdings's Operating Income for the six months ended in Jun. 2023 was HK$-285 Mil. China Yongda Automobiles Services Holdings's Revenue for the six months ended in Jun. 2023 was HK$38,131 Mil. Therefore, China Yongda Automobiles Services Holdings's Operating Margin % for the quarter that ended in Jun. 2023 was -0.75%.

Warning Sign:

China Yongda Automobiles Services Holdings Ltd operating margin has been in a 5-year decline. The average rate of decline per year is -12.3%.

The historical rank and industry rank for China Yongda Automobiles Services Holdings's Operating Margin % or its related term are showing as below:

HKSE:03669' s Operating Margin % Range Over the Past 10 Years
Min: -1.17   Med: 2.43   Max: 3.34
Current: -1.17


HKSE:03669's Operating Margin % is ranked worse than
82.29% of 1282 companies
in the Vehicles & Parts industry
Industry Median: 5.085 vs HKSE:03669: -1.17

China Yongda Automobiles Services Holdings's 5-Year Average Operating Margin % Growth Rate was -12.30% per year.

China Yongda Automobiles Services Holdings's Operating Income for the six months ended in Jun. 2023 was HK$-285 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Jun. 2023 was HK$-931 Mil.


China Yongda Automobiles Services Holdings Operating Margin % Historical Data

The historical data trend for China Yongda Automobiles Services 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.

China Yongda Automobiles Services Holdings Operating Margin % Chart

China Yongda Automobiles Services 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 2.64 2.39 3.13 1.09 -1.17

China Yongda Automobiles Services 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 3.39 1.48 0.78 -0.75 -1.57

Competitive Comparison of China Yongda Automobiles Services Holdings's Operating Margin %

For the Auto & Truck Dealerships subindustry, China Yongda Automobiles Services 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.


China Yongda Automobiles Services Holdings's Operating Margin % Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, China Yongda Automobiles Services Holdings's Operating Margin % distribution charts can be found below:

* The bar in red indicates where China Yongda Automobiles Services Holdings's Operating Margin % falls into.



China Yongda Automobiles Services 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.

China Yongda Automobiles Services Holdings's Operating Margin % for the fiscal year that ended in Dec. 2022 is calculated as

Operating Margin %=Operating Income (A: Dec. 2022 ) / Revenue (A: Dec. 2022 )
=873.551 / 80430.136
=1.09 %

China Yongda Automobiles Services Holdings's Operating Margin % for the quarter that ended in Jun. 2023 is calculated as

Operating Margin %=Operating Income (Q: Jun. 2023 ) / Revenue (Q: Jun. 2023 )
=-284.916 / 38131.288
=-0.75 %

* 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 Yongda Automobiles Services Holdings  (HKSE:03669) 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 Yongda Automobiles Services Holdings Operating Margin % Related Terms

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China Yongda Automobiles Services Holdings (HKSE:03669) Business Description

Traded in Other Exchanges
Address
The Center, 99 Queen’s Road Central, Unit 5708, 57th Floor, Central, Hong Kong, HKG
China Yongda Automobiles Services Holdings Ltd is a Chinese company involved in automobile sales service, automobile finance, and automobile rental. The company's reportable segments are as follows, 1) Passenger vehicle sales and services which includes the sale of passenger vehicles and provision of after-sales services, including repair and maintenance services, certain auxiliary passenger vehicles sales-related services and provision of other passenger vehicles-related services; and 2) Automobile operating lease services. The majority of the company's revenue is earned through the Passenger vehicle sales and services segment.

China Yongda Automobiles Services Holdings (HKSE:03669) Headlines

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