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Raymond Industrial (HKSE:00229) Operating Margin % : 4.94% (As of Dec. 2023)


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What is Raymond Industrial Operating Margin %?

Operating Margin % is calculated as Operating Income divided by its Revenue. Raymond Industrial's Operating Income for the six months ended in Dec. 2023 was HK$35 Mil. Raymond Industrial's Revenue for the six months ended in Dec. 2023 was HK$714 Mil. Therefore, Raymond Industrial's Operating Margin % for the quarter that ended in Dec. 2023 was 4.94%.

Warning Sign:

Raymond Industrial Ltd operating margin has been in a 5-year decline. The average rate of decline per year is -4.4%.

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

HKSE:00229' s Operating Margin % Range Over the Past 10 Years
Min: 2.17   Med: 3.99   Max: 7.03
Current: 3.99


HKSE:00229's Operating Margin % is ranked worse than
58.67% of 421 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 5.55 vs HKSE:00229: 3.99

Raymond Industrial's 5-Year Average Operating Margin % Growth Rate was -4.40% per year.

Raymond Industrial's Operating Income for the six months ended in Dec. 2023 was HK$35 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2023 was HK$54 Mil.


Raymond Industrial Operating Margin % Historical Data

The historical data trend for Raymond Industrial'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.

Raymond Industrial Operating Margin % Chart

Raymond Industrial 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 2.55 6.18 3.17 2.17 3.99

Raymond Industrial 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 4.66 0.73 3.82 2.93 4.94

Competitive Comparison of Raymond Industrial's Operating Margin %

For the Furnishings, Fixtures & Appliances subindustry, Raymond Industrial'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.


Raymond Industrial's Operating Margin % Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Raymond Industrial's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Raymond Industrial's Operating Margin % falls into.



Raymond Industrial 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.

Raymond Industrial'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 )
=54.309 / 1362.732
=3.99 %

Raymond Industrial'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 )
=35.278 / 713.816
=4.94 %

* 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.


Raymond Industrial  (HKSE:00229) 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.


Raymond Industrial Operating Margin % Related Terms

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


Raymond Industrial (HKSE:00229) Business Description

Traded in Other Exchanges
N/A
Address
8 On Ping Street, Rooms 1801-1813, 18th Floor, Grandtech Centre, Shatin, New Territories, Hong Kong, HKG
Raymond Industrial Ltd is engaged in the manufacture and sale of electrical home appliances. The company's geographical segment includes Japan, the United States, and the People's Republic of China (PRC), Europe, Asia (excluding Japan and the PRC) and Rest of the world. The PRC segment is involved in the manufacture of electrical household appliances. The Rest of the world segment covers sales of electrical home appliances to customers in Australia, Canada, South America and Africa. Its product categories comprise Environmental products, Battery, Health and personal care, Kitchen products and other small and medium-sized electrical household appliances.
Executives
Wong Ying Man John 2101 Beneficial owner
Webb David Michael 2101 Beneficial owner
Diamond-harvest Limited 2101 Beneficial owner
Wong Kin Lae Wilson 2201 Interest of corporation controlled by you
Zhong Guo Bing Qi Gong Ye Ji Tuan You Xian Gong Si 2201 Interest of corporation controlled by you
Zhong Guo Bing Qi Zhuang Bei Ji Tuan You Xian Gong Si 2201 Interest of corporation controlled by you
Zhong Guo Bei Fang Gong Ye You Xian Gong Si 2201 Interest of corporation controlled by you
An Li Shi Ye You Xian Gong Si 2101 Beneficial owner
Sun Kwing Hai Amelia 2202 Interest of your spouse

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