Sincere Navigation Corporation
2605
Rank in Stocks
#11401
Sincere Navigation Corporation is a Taiwanese maritime transport firm that... Sincere Navigation Corporation is a Taiwanese maritime transport firm that specializes in owning and operating bulk cargo vessels. Its extensive fleet encompasses dry bulk carriers, oil tankers, and specialized woodchip vessels. By December 31, 2019, the company managed a total of 17 ships, specifically comprising three Very Large Crude Carrier (VLCC) tankers and fourteen dry bulk vessels of various capacities. Sincere Navigation caters to a range of heavy industries, including coal and iron ore mining, steel production, energy, and paper manufacturing. Established in 1960, its corporate headquarters are located in Taipei City, Taiwan.
Share Price
$0.97093001
Last synced: 2026-11-10
Market Cap
$568.34M
Change (1 day)
0.63%
Change (1 year)
26.79%
Country
Stock data: Financial Modeling Prep·Updated ·Not investment advice·How we calculate this
Trade Sincere Navigation Corporation (2605)
Category
Industrials
Operating Margin for Sincere Navigation Corporation (2605)
Operating Margin as of November 2026 TTM: 30.82%
According to Sincere Navigation Corporation's latest financial reports, its current operating margin (TTM) is 30.82%. At the end of 2025 the company had an operating margin of 18.06%.
Operating Margin history for Sincere Navigation Corporation from 2004 to 2026
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2026 (TTM) | 30.82% | 70.65% |
| 2025 | 18.06% | -19.05% |
| 2024 | 22.31% | 121.77% |
| 2023 | 10.06% | 5.12% |
| 2022 | 9.57% | -61.38% |
| 2021 | 24.78% | 25.47% |
| 2020 | 19.75% | 136.24% |
| 2019 | 8.36% | -10.87% |
| 2018 | 9.38% | -58.07% |
| 2017 | 22.37% | -7.26% |
| 2016 | 24.12% | -22.69% |
| 2015 | 31.20% | -3.41% |
| 2014 | 32.30% | -6.81% |
| 2013 | 34.66% | -17.96% |
| 2012 | 42.25% | -14.04% |
| 2011 | 49.15% | -16.30% |
| 2010 | 58.72% | 5.76% |
| 2009 | 55.52% | -5.69% |
| 2008 | 58.87% | 10.74% |
| 2007 | 53.16% | 0.83% |
| 2006 | 52.72% | -4.94% |
| 2005 | 55.46% | 6.49% |
| 2004 | 52.08% | 0.00% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin Difference | Country |
|---|---|---|---|
| 62.73% | -97.96% |
KR
|
|
| 43.96% | -98.57% |
IN
|
|
| 4.90% | -99.84% |
DK
|
|
| 16.15% | -99.48% |
CN
|
|
| 52.72% | -98.29% |
PH
|
What is a company's Operating Margin?
The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.
Questions about Sincere Navigation Corporation's operating margin
What is Sincere Navigation Corporation's operating margin?
Sincere Navigation Corporation's operating margin is 30.82%, as of Nov 2026.
What was Sincere Navigation Corporation's operating margin in 2025?
In 2025, Sincere Navigation Corporation's operating margin was 18.06%, compared with 22.31% in 2024.
How has Sincere Navigation Corporation's operating margin changed since 2020?
From 2020 to 2025, Sincere Navigation Corporation's operating margin was highest in 2021 (24.78%) and lowest in 2022 (9.57%).
How does Sincere Navigation Corporation's operating margin compare with similar companies?
Sincere Navigation Corporation's operating margin (30.82%) is higher than that of 2 of the 5 similar companies listed above. The highest among them is Badaro No. 19 Ship Investment Company, with 62.73%.