Weiqiao Textile Co Ltd
HKEX:2698
Operating Margin
Operating Margin shows how much profit a company makes from its regular business activities after covering operating costs. It helps measure how efficiently the company turns sales into profit.
Operating Margin shows how much profit a company makes from its regular business activities after covering operating costs. It helps measure how efficiently the company turns sales into profit.
Peer Comparison
| Country | Company | Market Cap |
Operating Margin |
||
|---|---|---|---|---|---|
| CN |
W
|
Weiqiao Textile Co Ltd
HKEX:2698
|
18.6B HKD |
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|
| HK |
C
|
Cecep Costin New Materials Group Ltd
HKEX:2228
|
45B HKD |
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|
|
| CN |
S
|
Shijiazhuang ChangShan BeiMing Technology Co Ltd
SZSE:000158
|
32.2B CNY |
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|
|
| TW |
|
Eclat Textile Co Ltd
TWSE:1476
|
116.9B TWD |
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|
|
| CN |
H
|
Hmt Xiamen New Technical Materials Co Ltd
SSE:603306
|
24.7B CNY |
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|
|
| IN |
S
|
Spentex Industries Ltd
NSE:SPENTEX
|
291.1B INR |
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|
|
| IN |
|
Sumeet Industries Ltd
NSE:SUMEETINDS
|
260B INR |
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|
|
| UK |
|
Coats Group PLC
LSE:COA
|
1.7B GBP |
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|
|
| TW |
|
Ruentex Industries Ltd
TWSE:2915
|
55.7B TWD |
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|
|
| CN |
|
Yantai Tayho Advanced Materials Co Ltd
SZSE:002254
|
11.7B CNY |
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|
| CN |
|
Sunvim Group Co Ltd
SZSE:002083
|
11.2B CNY |
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|
Market Distribution
| Min | -409 046.1% |
| 30th Percentile | -1.4% |
| Median | 4.2% |
| 70th Percentile | 10.3% |
| Max | 876.4% |
Other Profitability Ratios
Weiqiao Textile Co Ltd
Glance View
Weiqiao Textile Co., Ltd. engages in the production, sale and distribution of cotton yarn, grey fabric and denim. The company is headquartered in Binzhou, Shandong and currently employs 40,000 full-time employees. The company went IPO on 2003-09-24. The Company’s subsidiaries include Weihai Weiqiao Textile Company Limited, Binzhou Weiqiao Technology Industrial Park Company Limited and Shandong Luteng Textile Company Limited. Through its subsidiaries, the Company is also engaged in the production and sale of polyester yarn and related products.
See Also
Operating Margin is calculated by dividing the Operating Income by the Revenue.
The current Operating Margin for Weiqiao Textile Co Ltd is -6.6%, which is in line with its 3-year median of -6.6%.
Over the last 3 years, Weiqiao Textile Co Ltd’s Operating Margin has decreased from 3.8% to -6.6%. During this period, it reached a low of -9.4% on Dec 31, 2022 and a high of 6.5% on Jun 30, 2021.