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MBV International (HKSE:01957) Operating Margin % : 10.50% (As of Jun. 2024)


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What is MBV International Operating Margin %?

Operating Margin % is calculated as Operating Income divided by its Revenue. MBV International's Operating Income for the six months ended in Jun. 2024 was HK$16.2 Mil. MBV International's Revenue for the six months ended in Jun. 2024 was HK$153.8 Mil. Therefore, MBV International's Operating Margin % for the quarter that ended in Jun. 2024 was 10.50%.

Warning Sign:

MBV International Ltd operating margin has been in a 5-year decline. The average rate of decline per year is -1.8%.

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

HKSE:01957' s Operating Margin % Range Over the Past 10 Years
Min: 3.69   Med: 14.26   Max: 16.94
Current: 14.13


HKSE:01957's Operating Margin % is ranked better than
87.5% of 1040 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 4.19 vs HKSE:01957: 14.13

MBV International's 5-Year Average Operating Margin % Growth Rate was -1.80% per year.

MBV International's Operating Income for the six months ended in Jun. 2024 was HK$16.2 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Jun. 2024 was HK$49.2 Mil.


MBV International Operating Margin % Historical Data

The historical data trend for MBV International'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.

MBV International Operating Margin % Chart

MBV International Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Operating Margin %
Get a 7-Day Free Trial 14.44 3.69 9.98 10.91 14.08

MBV International Semi-Annual Data
Dec16 Dec17 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 9.78 11.67 10.50 17.00 10.50

Competitive Comparison of MBV International's Operating Margin %

For the Apparel Manufacturing subindustry, MBV International'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.


MBV International's Operating Margin % Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, MBV International's Operating Margin % distribution charts can be found below:

* The bar in red indicates where MBV International's Operating Margin % falls into.



MBV International 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.

MBV International'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 )
=49.798 / 353.8
=14.08 %

MBV International's Operating Margin % for the quarter that ended in Jun. 2024 is calculated as

Operating Margin %=Operating Income (Q: Jun. 2024 ) / Revenue (Q: Jun. 2024 )
=16.152 / 153.784
=10.50 %

* 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.


MBV International  (HKSE:01957) 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.


MBV International Operating Margin % Related Terms

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


MBV International Business Description

Traded in Other Exchanges
N/A
Address
No. 58-66, Jalan Seroja 39, Taman Johor Jaya, Johor Bahru, JHR, MYS, 81100
MBV International Ltd is an investment holding company. Its operating segments are Wholesaling of imprintable apparel and gift products and Manufacturing of imprintable apparel. The Wholesaling segment generates the majority of its revenue. Its product portfolio includes imprintable apparel ranging from T-shirts, uniforms, jackets, and others including other casual wear and accessories in a variety of sizes, colors, and styles in blank or undecorated form, without imprints or embellishment to its customers who may decorate its products with designs and logos for sale to a diversified range of consumers. Its geographical segments are Malaysia and Singapore, of which Malaysia accounts for the majority of revenue.
Executives
Foo Kim Foong 2202 Interest of your spouse
Kong Siew Peng 2202 Interest of your spouse
Loi Siew Yoke 2202 Interest of your spouse
Mbv Capital Limited 2101 Beneficial owner
Tan Meng Seng 2201 Interest of corporation controlled by you
Tan Beng Sen 2201 Interest of corporation controlled by you
Tan Mein Kwang 2201 Interest of corporation controlled by you

MBV International Headlines

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