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Hangzhou Haoyue Personal Care Co (SHSE:605009) Operating Margin % : 14.95% (As of Mar. 2024)


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What is Hangzhou Haoyue Personal Care Co Operating Margin %?

Operating Margin % is calculated as Operating Income divided by its Revenue. Hangzhou Haoyue Personal Care Co's Operating Income for the three months ended in Mar. 2024 was ¥96 Mil. Hangzhou Haoyue Personal Care Co's Revenue for the three months ended in Mar. 2024 was ¥640 Mil. Therefore, Hangzhou Haoyue Personal Care Co's Operating Margin % for the quarter that ended in Mar. 2024 was 14.95%.

Warning Sign:

Hangzhou Haoyue Personal Care Co Ltd operating margin has been in a 5-year decline. The average rate of decline per year is -3.7%.

The historical rank and industry rank for Hangzhou Haoyue Personal Care Co's Operating Margin % or its related term are showing as below:

SHSE:605009' s Operating Margin % Range Over the Past 10 Years
Min: 8.43   Med: 16.38   Max: 27.44
Current: 17.23


SHSE:605009's Operating Margin % is ranked better than
89.43% of 1854 companies
in the Consumer Packaged Goods industry
Industry Median: 4.89 vs SHSE:605009: 17.23

Hangzhou Haoyue Personal Care Co's 5-Year Average Operating Margin % Growth Rate was -3.70% per year.

Hangzhou Haoyue Personal Care Co's Operating Income for the three months ended in Mar. 2024 was ¥96 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2024 was ¥476 Mil.


Hangzhou Haoyue Personal Care Co Operating Margin % Historical Data

The historical data trend for Hangzhou Haoyue Personal Care 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.

Hangzhou Haoyue Personal Care Co Operating Margin % Chart

Hangzhou Haoyue Personal Care Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Operating Margin %
Get a 7-Day Free Trial 19.72 27.44 17.17 14.30 16.56

Hangzhou Haoyue Personal Care Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 12.02 17.83 16.58 19.39 14.95

Competitive Comparison of Hangzhou Haoyue Personal Care Co's Operating Margin %

For the Household & Personal Products subindustry, Hangzhou Haoyue Personal Care 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.


Hangzhou Haoyue Personal Care Co's Operating Margin % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Hangzhou Haoyue Personal Care Co's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Hangzhou Haoyue Personal Care Co's Operating Margin % falls into.



Hangzhou Haoyue Personal Care 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.

Hangzhou Haoyue Personal Care 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 )
=456.536 / 2756.908
=16.56 %

Hangzhou Haoyue Personal Care Co's Operating Margin % for the quarter that ended in Mar. 2024 is calculated as

Operating Margin %=Operating Income (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=95.632 / 639.712
=14.95 %

* 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.


Hangzhou Haoyue Personal Care Co  (SHSE:605009) 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.


Hangzhou Haoyue Personal Care Co Operating Margin % Related Terms

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Hangzhou Haoyue Personal Care Co (SHSE:605009) Business Description

Traded in Other Exchanges
N/A
Address
No. 3, Fengdu Road, Pingyao, Yuhang District, Zhejiang Province, Hangzhou, CHN, 310026
Hangzhou Haoyue Personal Care Co Ltd is engaged in manufacturing and sales as a whole and focuses on women, young and adult health care products. The products produced and operated under the banner of haoyue are baby step pants, paper diapers, paper diapers, wet towels, adult Lala pants, diapers, paper diapers, nursing mats, wet towels, female sanitary napkins, menstrual care pants, maternity and baby dual-use napkins, parturient towel, among others.

Hangzhou Haoyue Personal Care Co (SHSE:605009) Headlines

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