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Binjiang Service Group Co (HKSE:03316) Operating Margin % : 20.29% (As of Dec. 2023)


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What is Binjiang Service Group Co Operating Margin %?

Operating Margin % is calculated as Operating Income divided by its Revenue. Binjiang Service Group Co's Operating Income for the six months ended in Dec. 2023 was HK$359 Mil. Binjiang Service Group Co's Revenue for the six months ended in Dec. 2023 was HK$1,771 Mil. Therefore, Binjiang Service Group Co's Operating Margin % for the quarter that ended in Dec. 2023 was 20.29%.

Good Sign:

Binjiang Service Group Co Ltd operating margin is expanding. Margin expansion is usually a good sign.

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

HKSE:03316' s Operating Margin % Range Over the Past 10 Years
Min: 9.37   Med: 21.36   Max: 28.67
Current: 21.72


HKSE:03316's Operating Margin % is ranked better than
63.97% of 1779 companies
in the Real Estate industry
Industry Median: 13.09 vs HKSE:03316: 21.72

Binjiang Service Group Co's 5-Year Average Operating Margin % Growth Rate was 5.40% per year.

Binjiang Service Group Co's Operating Income for the six months ended in Dec. 2023 was HK$359 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2023 was HK$667 Mil.


Binjiang Service Group Co Operating Margin % Historical Data

The historical data trend for Binjiang Service Group Co'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.

Binjiang Service Group Co Operating Margin % Chart

Binjiang Service Group Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Operating Margin %
Get a 7-Day Free Trial Premium Member Only 20.42 27.60 28.67 27.02 21.72

Binjiang Service Group Co Semi-Annual Data
Dec15 Dec16 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 27.44 29.33 25.36 23.68 20.29

Competitive Comparison of Binjiang Service Group Co's Operating Margin %

For the Real Estate Services subindustry, Binjiang Service Group Co'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.


Binjiang Service Group Co's Operating Margin % Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Binjiang Service Group Co's Operating Margin % distribution charts can be found below:

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



Binjiang Service Group Co 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.

Binjiang Service Group Co'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 )
=667.462 / 3072.65
=21.72 %

Binjiang Service Group Co'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 )
=359.271 / 1770.97
=20.29 %

* 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.


Binjiang Service Group Co  (HKSE:03316) 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.


Binjiang Service Group Co Operating Margin % Related Terms

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Binjiang Service Group Co (HKSE:03316) Business Description

Traded in Other Exchanges
N/A
Address
No. 189 Fengqi East Road, Xincheng Times Square, 12th Floor, Room 1201-1, Block 1, Building 1, Jianggan District, Hangzhou, CHN
Binjiang Service Group Co Ltd is a property management service provider in China. The Company's business segments are classified into property management services, value-added services to non-property owners and 5S value-added services. Geographically, the company has majority of its operations in China.
Executives
Qi Jiaqi
Bright Cloud Holding Limited 2201 Interest of corporation controlled by you
Cantrust (far East) Limited 2301 Trustee
Great Dragon Ventures Limited
Qi Jinxing
Infiniti Trust (asia) Limited 2301 Trustee
Great Splendor Holding Limited 2201 Interest of corporation controlled by you
Haoyu Ventures Limited
Jovial Success Global Holding Limited
Mo Jianhua
Splendid Force Holding Limited 2201 Interest of corporation controlled by you
Zhu Huiming

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