Tanwan (HKSE:09890) OCF Margin %: 16.05% (As of Dec. 2025)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

HKSE:09890 Tanwan Inc HKSE:09890
35 GF Score
Price HK$10.10
! 6 Warning Signs
View Full Analysis

What is Tanwan OCF Margin %?

Tanwan HKSE:09890 +2.33% 35 OCF Margin % is 16.05% as of Dec. 2025. GuruFocus rates HKSE:09890 with a GF Score™ of 35/100. The stock has 6 warning signs investors should review. Among 546 Interactive Media companies, Tanwan ranks worse than 72.34% on this metric.

OCF Margin % is calculated as Cash Flow from Operations divided by its Revenue. Tanwan's Cash Flow from Operations for the six months ended in Dec. 2025 was HK$382 Mil. Tanwan's Revenue for the six months ended in Dec. 2025 was HK$2,379 Mil. Therefore, Tanwan's OCF Margin % for the quarter that ended in Dec. 2025 was 16.05%.

As of today, Tanwan's current OCF Yield % is -2.49%.

The historical rank and industry rank for Tanwan's OCF Margin % or its related term are showing as below:

HKSE:09890' s OCF Margin % Range Over the Past 10 Years
Min: -36.06   Med: -6.73   Max: 45.94
Current: -2.85


During the past 6 years, the highest OCF Margin % of Tanwan was 45.94%. The lowest was -36.06%. And the median was -6.73%.

HKSE:09890's OCF Margin % is ranked worse than
72.34% of 546 companies
in the Interactive Media industry
Industry Median: 8.235 vs HKSE:09890: -2.85


Tanwan OCF Margin % Related Terms


Tanwan OCF Margin % Historical Data

* Premium members only.

The historical data trend for Tanwan's OCF 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.

Tanwan OCF Margin % Chart

Tanwan Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
OCF Margin %
Get a 7-Day Free Trial 45.94 25.89 -36.06 -35.83 -2.95

Tanwan Semi-Annual Data
Dec20 Dec21 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
OCF Margin % Get a 7-Day Free Trial Premium Member Only -62.31 -26.79 -48.23 -23.37 16.05

HKSE:09890 vs NTES, EA, TTWO: OCF Margin % Comparison

For the Electronic Gaming & Multimedia subindustry, Tanwan's OCF Margin %, along with its competitors' market caps and OCF 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.


Tanwan OCF Margin % vs Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Tanwan's OCF Margin % distribution charts can be found below:

* The bar in red indicates where Tanwan's OCF Margin % falls into.


HKSE:09890
35GF Score
Tanwan Inc HKSE:09890
OCF Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tanwan OCF Margin % Calculation

OCF Margin % is the ratio of Cash Flow from Operations divided by net sales or Revenue, usually presented in percent.

Tanwan's OCF Margin for the fiscal year that ended in Dec. 2025 is calculated as

OCF Margin=Cash Flow from Operations (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=-135.725/4593.667
=-2.95 %

Tanwan's OCF Margin for the quarter that ended in Dec. 2025 is calculated as

OCF Margin=Cash Flow from Operations (Q: Dec. 2025 )/Revenue (Q: Dec. 2025 )
=381.789/2379.158
=16.05 %

* 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.

Frequently Asked Questions Learn more about OCF Margin % →
What does a OCF Margin % of 16.05% mean?
Tanwan (HKSE:09890) has a OCF Margin % of 16.05% as of Dec. 2025. OCF Margin is the ratio of Cash Flow from Operations to Total Revenue. View historical data on Tanwan and its competitors. According to the industry distribution chart, Tanwan ranks #395 out of 546 companies in the Interactive Media industry, placing it in the top 72.3%.
Is Tanwan's OCF Margin % too high?
Tanwan's current OCF Margin % is 16.05%. The Interactive Media industry median OCF Margin % is 8.24. Tanwan's value of 16.05% is 94.9% above this industry median. Based on the distribution chart, Tanwan ranks #395 out of 546 companies in the Interactive Media industry, which is below the industry midpoint. Overall, Tanwan has a GF Score™ of 35/100, reflecting its overall financial health beyond just this single metric.
How does Tanwan's OCF Margin % compare to NTES and EA?
According to the Interactive Media industry distribution chart, Tanwan ranks #395 out of 546 companies for OCF Margin %. This places Tanwan in the lower half of its industry. The industry median OCF Margin % is 8.24. Tanwan's value of 16.05% is 94.9% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good OCF Margin % for an Interactive Media company?
The median OCF Margin % among Interactive Media companies is 8.24, based on 546 companies in the industry. Companies in the top quartile (top 25%) have a OCF Margin % significantly above this median, while those in the bottom quartile fall well below. However, OCF Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Tanwan's current OCF Margin % of 16.05% is 94.9% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high OCF Margin % mean?
A high OCF Margin % can signal that a stock is expensive relative to its fundamentals. OCF Margin is the ratio of Cash Flow from Operations to Total Revenue. View historical data on Tanwan and its competitors. For the Interactive Media industry, the median OCF Margin % is 8.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tanwan's current OCF Margin % is 16.05%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tanwan stock overvalued right now?
Tanwan (HKSE:09890) has a current OCF Margin % of 16.05%. The current OCF Margin % is 16.05% and 94.9% above the Interactive Media industry median of 8.24. Tanwan's overall GF Score™ is 35/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is OCF Margin % calculated?
OCF Margin % is calculated from a company's financial statements. For Tanwan (HKSE:09890), the current OCF Margin % is 16.05% as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Tanwan Business Description

Address 656 Huangpu Avenue, Floors 41, 62 to 66, Canton Financial Center, Tianhe District, Guangdong Province, Guangzhou, CHN
Tanwan Inc Formerly ZX Inc is a publisher of online game products in China. It is devoted to marketing and operating online games (in particular mobile games) in China. The online games developed by its clients marketed and operated by the company are delivered to players under the Tan Wan brand. The company has enabled the marketing and operation of game products. Its geographic markets are Mainland China, Hong Kong, and Others. It generates revenue from marketing and operating online games and consumer product business, including sales of private-label and local-flavor rice noodle products and other fast consumer foods under the brand Zha Zha Hui.
35GF Score

Get the complete analysis for HKSE:09890

OCF Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

HK$10.10
Price