GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Abits Group Inc (NAS:ABTS) » Definitions » Operating Margin %

Abits Group (Abits Group) Operating Margin % : -96.54% (As of Dec. 2023)


View and export this data going back to 2021. Start your Free Trial

What is Abits Group Operating Margin %?

Operating Margin % is calculated as Operating Income divided by its Revenue. Abits Group's Operating Income for the six months ended in Dec. 2023 was $-1.62 Mil. Abits Group's Revenue for the six months ended in Dec. 2023 was $1.67 Mil. Therefore, Abits Group's Operating Margin % for the quarter that ended in Dec. 2023 was -96.54%.

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

ABTS' s Operating Margin % Range Over the Past 10 Years
Min: -5510.98   Med: -304.34   Max: 7.72
Current: -304.52


ABTS's Operating Margin % is ranked worse than
95.27% of 656 companies
in the Capital Markets industry
Industry Median: 14.56 vs ABTS: -304.52

Abits Group's 5-Year Average Operating Margin % Growth Rate was 0.00% per year.

Abits Group's Operating Income for the six months ended in Dec. 2023 was $-1.62 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2023 was $-5.12 Mil.


Abits Group Operating Margin % Historical Data

The historical data trend for Abits Group'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.

Abits Group Operating Margin % Chart

Abits Group Annual Data
Trend Sep19 Sep20 Dec21 Dec22 Dec23
Operating Margin %
-143.24 7.72 -1,308.68 -5,510.98 -304.34

Abits Group Semi-Annual Data
Sep19 Sep20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Operating Margin % Get a 7-Day Free Trial -50,450.00 -2,305.00 -6,545.16 -50,042.86 -96.54

Competitive Comparison of Abits Group's Operating Margin %

For the Capital Markets subindustry, Abits Group'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.


Abits Group's Operating Margin % Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Abits Group's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Abits Group's Operating Margin % falls into.



Abits Group 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.

Abits Group'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 )
=-5.119 / 1.682
=-304.34 %

Abits Group'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 )
=-1.616 / 1.674
=-96.54 %

* 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.


Abits Group  (NAS:ABTS) 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.


Abits Group Operating Margin % Related Terms

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


Abits Group (Abits Group) Business Description

Traded in Other Exchanges
N/A
Address
30 Canton Road, Unit 911, Tower 2, Silvercord, Tsimshatsui, Hong Kong SAR, CHN
Abits Group Inc Formerly Moxian (BVI) Inc operates in the bitcoin mining industry. The company is engaged digital asset mining pools by executing contracts with mining pool operators to provide computing power to the mining pool. The Company provides computing power to the mining pool operator and is created as power is provided over time.
Executives
Deng Conglin director ROOM BC, 9TH FLOOR, FU HUA BUILDING, NO. 8 BEI DA STREET, CHAO YANG DISTRICT, BEIJING F4 100000

Abits Group (Abits Group) Headlines

From GuruFocus

MOXIAN ACQUIRES LAND TO BUILD A NEW MINING CENTER

By GlobeNewswire GlobeNewswire 05-18-2023

Moxian Announces Divestment of Chinese Subsidiaries

By PurpleRose PurpleRose 08-15-2022

Moxian Regains Compliance with NASDAQ Minimum Bid Price Requirement

By Stock market mentor Stock market mentor 02-06-2023

Moxian Announces Details of Special Meeting of Shareholders

By GlobeNewswire GlobeNewswire 12-16-2021

Moxian to Hold Annual Meeting of Shareholders on August 12, 2022

By GuruFocusNews GuruFocusNews 07-01-2022