GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » CITIC Offshore Helicopter Co Ltd (SZSE:000099) » Definitions » Operating Margin %

CITIC Offshore Helicopter Co (SZSE:000099) Operating Margin % : 23.99% (As of Mar. 2024)


View and export this data going back to 2000. Start your Free Trial

What is CITIC Offshore Helicopter Co Operating Margin %?

Operating Margin % is calculated as Operating Income divided by its Revenue. CITIC Offshore Helicopter Co's Operating Income for the three months ended in Mar. 2024 was ¥110 Mil. CITIC Offshore Helicopter Co's Revenue for the three months ended in Mar. 2024 was ¥457 Mil. Therefore, CITIC Offshore Helicopter Co's Operating Margin % for the quarter that ended in Mar. 2024 was 23.99%.

Warning Sign:

CITIC Offshore Helicopter Co Ltd operating margin has been in a 5-year decline. The average rate of decline per year is -3.5%.

The historical rank and industry rank for CITIC Offshore Helicopter Co's Operating Margin % or its related term are showing as below:

SZSE:000099' s Operating Margin % Range Over the Past 10 Years
Min: 10.15   Med: 18.37   Max: 23.48
Current: 17.01


SZSE:000099's Operating Margin % is ranked better than
75.57% of 970 companies
in the Transportation industry
Industry Median: 7.535 vs SZSE:000099: 17.01

CITIC Offshore Helicopter Co's 5-Year Average Operating Margin % Growth Rate was -3.50% per year.

CITIC Offshore Helicopter Co's Operating Income for the three months ended in Mar. 2024 was ¥110 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2024 was ¥344 Mil.


CITIC Offshore Helicopter Co Operating Margin % Historical Data

The historical data trend for CITIC Offshore Helicopter 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.

CITIC Offshore Helicopter Co Operating Margin % Chart

CITIC Offshore Helicopter Co 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 20.91 21.55 21.60 15.49 16.08

CITIC Offshore Helicopter 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 20.37 16.38 16.48 12.35 23.99

Competitive Comparison of CITIC Offshore Helicopter Co's Operating Margin %

For the Integrated Freight & Logistics subindustry, CITIC Offshore Helicopter 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.


CITIC Offshore Helicopter Co's Operating Margin % Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, CITIC Offshore Helicopter Co's Operating Margin % distribution charts can be found below:

* The bar in red indicates where CITIC Offshore Helicopter Co's Operating Margin % falls into.



CITIC Offshore Helicopter 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.

CITIC Offshore Helicopter 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 )
=316.685 / 1969.712
=16.08 %

CITIC Offshore Helicopter 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 )
=109.721 / 457.408
=23.99 %

* 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.


CITIC Offshore Helicopter Co  (SZSE:000099) 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.


CITIC Offshore Helicopter Co Operating Margin % Related Terms

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


CITIC Offshore Helicopter Co (SZSE:000099) Business Description

Traded in Other Exchanges
N/A
Address
Qilin Road, Shenzhen Heliport, Nanshan District, Shenzhen, Guangdong, CHN, 518052
CITIC Offshore Helicopter Co Ltd is engaged in the development of offshore oil and development of general aviation. The business of the company includes direct sea navigation, aviation maintenance, aviation training, capital operation, and drone.

CITIC Offshore Helicopter Co (SZSE:000099) Headlines

No Headlines