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BAIC Motor (BAIC Motor) Operating Margin % : 5.23% (As of Dec. 2023)


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What is BAIC Motor Operating Margin %?

Operating Margin % is calculated as Operating Income divided by its Revenue. BAIC Motor's Operating Income for the three months ended in Dec. 2023 was $319 Mil. BAIC Motor's Revenue for the three months ended in Dec. 2023 was $6,098 Mil. Therefore, BAIC Motor's Operating Margin % for the quarter that ended in Dec. 2023 was 5.23%.

Warning Sign:

BAIC Motor Corp Ltd operating margin has been in a 5-year decline. The average rate of decline per year is -2%.

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

BMCLF' s Operating Margin % Range Over the Past 10 Years
Min: 1.04   Med: 13.08   Max: 14.19
Current: 10.9


BMCLF's Operating Margin % is ranked better than
79.95% of 1282 companies
in the Vehicles & Parts industry
Industry Median: 5.12 vs BMCLF: 10.90

BAIC Motor's 5-Year Average Operating Margin % Growth Rate was -2.00% per year.

BAIC Motor's Operating Income for the three months ended in Dec. 2023 was $319 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2023 was $1,490 Mil.


BAIC Motor Operating Margin % Historical Data

The historical data trend for BAIC Motor'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.

BAIC Motor Operating Margin % Chart

BAIC Motor 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 12.88 13.27 13.34 13.75 11.86

BAIC Motor Quarterly Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Sep22 Dec22 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 14.30 13.14 - 15.44 5.23

Competitive Comparison of BAIC Motor's Operating Margin %

For the Auto Manufacturers subindustry, BAIC Motor'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.


BAIC Motor's Operating Margin % Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, BAIC Motor's Operating Margin % distribution charts can be found below:

* The bar in red indicates where BAIC Motor's Operating Margin % falls into.



BAIC Motor 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.

BAIC Motor'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 )
=3287.527 / 27723.198
=11.86 %

BAIC Motor'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 )
=319.084 / 6097.719
=5.23 %

* 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.


BAIC Motor  (OTCPK:BMCLF) 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.


BAIC Motor Operating Margin % Related Terms

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BAIC Motor (BAIC Motor) Business Description

Traded in Other Exchanges
Address
No. 99 Shuanghe Street, A5-061, Unit 101, 5th Floor, Building No 1, Courtyard, Shunyi District, Beijing, CHN, 101300
BAIC Motor Corp Ltd is a provincial state-owned enterprise that manufactures passenger vehicles (PV) and automotive components. The majority of BAIC's revenue and operating profits come from joint ventures with Mercedes Benz and Hyundai. The firm also manufactures and sells its own vehicles under the Beijing Brand.

BAIC Motor (BAIC Motor) Headlines

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