Peer scale and earnings efficiency

Do larger companies really enjoy better operating margins?

Peer comparison CMP-011 Scatter Sample

Download CSV Sample JSON Specification JSON Sample as of 2026-10-16

0700.HK Tencent Holdings | Hang Seng Index | 2025-10-16 – 2026-10-16 | HKD

Highest item: Sample company H: 3,062 million
Lowest item: Sample company G: 247 million
Average: 1,190 million
Number of items: 10 items

Scale-margin scatter

Revenue scale (million, reporting currency) (Scatter)

Peer business summary

TTM revenue in the same currency (log scale) (Bar)

Currency conversion

Revenue scale (million, reporting currency) and TTM revenue in the same currency (log scale) (Table)

Sample data rows

TTM revenue in the same currency (log scale)	Revenue scale (million, reporting currency)	TTM revenue in the same currency (log scale)	Data date (sample)
Sample company A	520	2557	2026-10-16
Sample company B	1143	3159	2026-10-16
Sample company C	403	1767	2026-10-16
Sample company D	1436	1328	2026-10-16
Sample company E	2191	1320	2026-10-16
Sample company F	929	3641	2026-10-16
Sample company G	247	3160	2026-10-16
Sample company H	3062	4113	2026-10-16
Sample company I	914	1491	2026-10-16
Sample company J	1052	2781	2026-10-16

Source and limits

Research question

Do larger companies really enjoy better operating margins?

Axes and units

Horizontal axis: TTM revenue in the same currency (log scale)
Vertical axis: Operating margin (%)
Metric: Revenue scale (million, reporting currency)
Comparison metric: Operating margin (%)

Calculation method

Convert each stock's TTM revenue into the base currency using the explicit FX rate for the same period; the horizontal axis uses log revenue and the vertical axis operating margin; market capitalization is shown separately for information.

Limitations

The relationship between scale and margin does not prove economies of scale. Different business mixes require the USER to screen peers. All preview values are synthetic samples, not live quotes. Fields and historical depth for non-US and Hong Kong stocks depend on each stock's actual coverage.

The plotted values are generated sample data and do not result from this calculation.

Data API requirements

FUND
SCREEN
FX

Data class: Derived
Complexity: High
Update cadence: Recalculated after new financial statements are loaded. Data revisions checked weekly.
Needs user-supplied input: No
Needs extra data plan: No

API names are the data groups the original specification requires, listed as methodology metadata only. This page makes no live data connection and is not connected to the live market data shown elsewhere on the site.

Source documentation

Design priority

Catalogue priority 334 of 1,000 (stage P2), a planning estimate from the original workbook.