GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Visionox Technology Inc (SZSE:002387) » Definitions » Degree of Operating Leverage

Visionox Technology (SZSE:002387) Degree of Operating Leverage : 1.93 (As of Jun. 2024)


View and export this data going back to 2010. Start your Free Trial

What is Visionox Technology Degree of Operating Leverage?

Degree of Operating Leverage (DOL) measures the percentage change in EBIT for a unit change in Revenue. Visionox Technology's Degree of Operating Leverage for the quarter that ended in Jun. 2024 was 1.93. The higher Degree of Operating Leverage, the higher operating risk the company will take.

The industry rank for Visionox Technology's Degree of Operating Leverage or its related term are showing as below:

SZSE:002387's Degree of Operating Leverage is ranked worse than
57.64% of 2422 companies
in the Hardware industry
Industry Median: 1.225 vs SZSE:002387: 1.93

Visionox Technology Degree of Operating Leverage Historical Data

The historical data trend for Visionox Technology's Degree of Operating Leverage 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.

Visionox Technology Degree of Operating Leverage Chart

Visionox Technology Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Degree of Operating Leverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.20 0.95 -3.10 2.48 -3.91

Visionox Technology Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
Degree of Operating Leverage 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 -20.87 -73.31 -3.91 19.03 1.93

Competitive Comparison of Visionox Technology's Degree of Operating Leverage

For the Electronic Components subindustry, Visionox Technology's Degree of Operating Leverage, along with its competitors' market caps and Degree of Operating Leverage 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.


Visionox Technology's Degree of Operating Leverage Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Visionox Technology's Degree of Operating Leverage distribution charts can be found below:

* The bar in red indicates where Visionox Technology's Degree of Operating Leverage falls into.



Visionox Technology Degree of Operating Leverage Calculation

Visionox Technology's Degree of Operating Leverage for the quarter that ended in Jun. 2024 is calculated as:

Degree of Operating Leverage=% Change in EBIT**/% Change in Revenue
=( -3277.308 (Jun. 2024) / -2936.199 (Jun. 2023) - 1 )/( 7165.857 (Jun. 2024) / 6758.418 (Jun. 2023) - 1 )
=0.1162/0.0603
=1.93***

* 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.

** TTM data of EBIT and Revenue was used to calculate Degree of Operating Leverage.
*** Please be aware that the Degree of Operating Leverage calculations are based on company-level data using the primary share class. The calculated data provided is for demonstration purposes and may slightly differ from the results displayed in the title due to potential variations caused by currency exchange rate differences throughout the year.


Visionox Technology  (SZSE:002387) Degree of Operating Leverage Explanation

Degree of Operating Leverage (DOL) is a leverage ratio that measures the sensitivity of a company’s operting income, also referred to as Earnings Before Interest and Taxes (EBIT), to fluctuations in its Revenue. DOL is a method used to quantify a company’s operating risk. This risk is related to the company's structure of variable costs and fixed costs. Since the fixed costs do not allow the company to adjust the operating costs, the operating risk rises with a higher fixed-to-variable costs proportion.

A high Degree of Operating Leverage indicates that the company’s fixed costs exceed its variable costs. By increasing the sales, the company can earn more profits. In addition, the company must be able to maintain relatively high sales to cover all fixed costs.

Be Aware

The use of operating leverage varies across different industries and business sectors, and the application of Degree of Operating Leverage (DOL) should be adjusted accordingly.


Visionox Technology Degree of Operating Leverage Related Terms

Thank you for viewing the detailed overview of Visionox Technology's Degree of Operating Leverage provided by GuruFocus.com. Please click on the following links to see related term pages.


Visionox Technology Business Description

Traded in Other Exchanges
N/A
Address
No.1,Longteng Road, Kunshan Economic&Technological Development Zone, Jiangsu, Shanghai, CHN, 215300
Visionox Technology Inc is engaged in OLED technology development. The products of the company include AMOLED displays, PMOLED displays, and displays for industrial use. The company also provides after sales service.
Executives
Zhang De Qiang Directors, executives
Yan Ruo Yuan Directors, executives
Lin Xiu Hai Directors, executives
Lin Xiu Hao Director
He Wen Biao Independent director
Huang Xun Cai Supervisors
Chen Ru Director
Huang Shu Zhong Director, Director Secretary
He Yu Long Directors, executives
Deng Chan Yu Supervisors
Lin Shao Ping Supervisors
Wu Di Nian Directors, executives
Chen Ke Mei Executives
Yao Li Chang Director
Lin Xi Qin Executives

Visionox Technology Headlines

No Headlines