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Greencity Acquisition (Greencity Acquisition) Operating Margin % : 0.00% (As of Dec. 2022)


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What is Greencity Acquisition Operating Margin %?

Operating Margin % is calculated as Operating Income divided by its Revenue. Greencity Acquisition's Operating Income for the three months ended in Dec. 2022 was $-0.18 Mil. Greencity Acquisition's Revenue for the three months ended in Dec. 2022 was $0.00 Mil. Therefore, Greencity Acquisition's Operating Margin % for the quarter that ended in Dec. 2022 was 0.00%.

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


GRCYF's Operating Margin % is not ranked *
in the Diversified Financial Services industry.
Industry Median: 3.725
* Ranked among companies with meaningful Operating Margin % only.

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

Greencity Acquisition's Operating Income for the three months ended in Dec. 2022 was $-0.18 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2022 was $-0.65 Mil.


Greencity Acquisition Operating Margin % Historical Data

The historical data trend for Greencity Acquisition'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.

Greencity Acquisition Operating Margin % Chart

Greencity Acquisition Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22
Operating Margin %
- - - - -

Greencity Acquisition Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22
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 - - - - -

Competitive Comparison of Greencity Acquisition's Operating Margin %

For the Shell Companies subindustry, Greencity Acquisition'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.


Greencity Acquisition's Operating Margin % Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Greencity Acquisition's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Greencity Acquisition's Operating Margin % falls into.



Greencity Acquisition 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.

Greencity Acquisition'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 )
=-0.654 / 0
= %

Greencity Acquisition's Operating Margin % for the quarter that ended in Dec. 2022 is calculated as

Operating Margin %=Operating Income (Q: Dec. 2022 ) / Revenue (Q: Dec. 2022 )
=-0.182 / 0
= %

* 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.


Greencity Acquisition  (OTCPK:GRCYF) 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.


Greencity Acquisition Operating Margin % Related Terms

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Greencity Acquisition (Greencity Acquisition) Business Description

Traded in Other Exchanges
Address
505 Eshan Road, Floor 6, Pudong New District, Shanghai, CHN, 200120
Website
Greencity Acquisition Corp is a blank check company.
Executives
Hudson Bay Capital Management Lp 10 percent owner 28 HAVEMEYER PLACE, 2ND FLOOR, GREENWICH CT 06830
Sander Gerber 10 percent owner C/O HUDSON BAY CAPITAL MANAGEMENT, L.P., 28 HAVEMEYER PLACE, 2ND FLOOR, GREENWICH CT 06830
Lawrence Feis 10 percent owner 190 EAST WALTON PLACE, UNIT 603, CHICAGO IL 60611
Feis Equities Llc 10 percent owner 20 NORTH WACKER DRIVE, SUITE 2115, CHICAGO IL 60606
Glazer Capital, Llc 10 percent owner 250 WEST 55TH STREET, SUITE 30A, NEW YORK NY 10019
Paul J Glazer 10 percent owner 250 WEST 55TH ST, SUITE 30A, NEW YORK NY 10019
Lei Wang director 2609 MONTE CRESTA DRIVE, BELMONT CA 94002
Cynthia Management Corp 10 percent owner SUITE 807 TOWER 2 CENTURY LINK PLAZA, NO. 1196 CENTURY AVENUE, PUDONG DISTRICT F4 200000
Jianmin Yu 10 percent owner, officer: CFO 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Jinlong Liu director, 10 percent owner 100 PARK AVENUE 16TH FLOOR, NEW YORK NY 10017
Chao Liu director 100 PARK AVENUE 16TH FLOOR, NEW YORK NY 10017
Ming Zhang officer: CEO 100 PARK AVENUE 16TH FLOOR, NEW YORK NY 10017
Yong Li director 100 PARK AVENUE 16TH FLOOR, NEW YORK NY 10017

Greencity Acquisition (Greencity Acquisition) Headlines

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