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.
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.
Puxing EnergyHKSE:00090 -2.69%41 Operating Margin % is 19.99% as of Dec. 2025, which is 35% below its 10-year median of 30.77. GuruFocus rates HKSE:00090 with a GF Score™ of 41/100 and a GF Value™ of HK$0.25 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 427 Utilities - Independent Power Producers companies, Puxing Energy ranks better than 66.04% on this metric.
Operating Margin % is calculated as Operating Income divided by its Revenue. Puxing Energy's Operating Income for the
six
months ended in Dec. 2025 was HK$27.3 Mil. Puxing Energy's Revenue for the
six
months ended in Dec. 2025 was HK$136.8 Mil. Therefore, Puxing Energy's Operating Margin % for the quarter that ended in Dec. 2025 was 19.99%.
Warning Sign:
Puxing Energy Ltd operating margin has been in a 5-year decline. The average rate of decline per year is -8.3%.
The historical rank and industry rank for Puxing Energy's Operating Margin % or its related term are showing as below:
HKSE:00090'
s Operating Margin % Range Over the Past 10 Years
Min: 16.35 Med: 30.77 Max: 42.2
Current: 20.99
HKSE:00090's Operating Margin % is ranked better than 66.04% of 427
companies
in the Utilities - Independent Power Producers industry
Industry Median: 12.7
vs HKSE:00090: 20.99
Puxing Energy's 5-Year Average Operating Margin % Growth Rate was -8.30% per year.
Puxing Energy's Operating Income for the
six
months ended in Dec. 2025 was HK$27.3 Mil.
Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2025 was HK$84.8 Mil.
Puxing Energy (HKSE:00090) 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 Nokias 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.
Puxing Energy Operating Margin % Related Terms
Puxing Energy Operating Margin % Historical Data
* Premium members only.
The historical data trend for Puxing Energy'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.
Puxing Energy Operating Margin % Competitor Comparison
For the Utilities - Renewable subindustry, Puxing Energy'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.
Puxing Energy Operating Margin % vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Puxing Energy's Operating Margin % distribution charts can be found below:
* The bar in red indicates where Puxing Energy's Operating Margin % falls into.
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.
Puxing Energy's Operating Margin % for the fiscal year that ended in Dec. 2025 is calculated as
* 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.
Puxing Energy (HKSE:00090) has a Operating Margin % of 19.99% as of Dec. 2025. Operating margin is the ratio of total operating income to net sales. View historical data on Puxing Energy and its competitors. This is 35% below median its historical median of 30.77. Over the past decade, Puxing Energy's Operating Margin % has ranged from 16.35 to 42.20. According to the industry distribution chart, Puxing Energy ranks #145 out of 427 companies in the Utilities - Independent Power Producers industry, placing it in the top 34%.
Is Puxing Energy's Operating Margin % too high?
Puxing Energy's current Operating Margin % of 19.99% is 35% below median its 10-year median of 30.77. Over the past 10 years, this metric has ranged from a low of 16.35 to a high of 42.20. The Utilities - Independent Power Producers industry median Operating Margin % is 12.70. Puxing Energy's value of 19.99% is 57.4% above this industry median. Based on the distribution chart, Puxing Energy ranks #145 out of 427 companies in the Utilities - Independent Power Producers industry, which is above the industry midpoint. Overall, Puxing Energy has a GF Score™ of 41/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Puxing Energy's Operating Margin % compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, Puxing Energy ranks #145 out of 427 companies for Operating Margin %. This puts Puxing Energy in the upper half of its industry. The industry median Operating Margin % is 12.70. Puxing Energy's value of 19.99% is 57.4% above this benchmark. Historically, Puxing Energy's own Operating Margin % has ranged from 16.35 to 42.20 over the past decade. While the company's 10-year median is 30.77 vs. the industry median of 12.70, Puxing Energy has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Operating Margin % for an Utilities - Independent Power Producers company?
The median Operating Margin % among Utilities - Independent Power Producers companies is 12.70, based on 427 companies in the industry. Companies in the top quartile (top 25%) have a Operating Margin % significantly above this median, while those in the bottom quartile fall well below. However, Operating Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Puxing Energy's current Operating Margin % of 19.99% is 57.4% 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 Operating Margin % mean?
A high Operating Margin % can signal that a stock is expensive relative to its fundamentals. Operating margin is the ratio of total operating income to net sales. View historical data on Puxing Energy and its competitors. For the Utilities - Independent Power Producers industry, the median Operating Margin % is 12.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Puxing Energy's current Operating Margin % is 19.99%, which is 35% below median its own 10-year median of 30.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Puxing Energy stock overvalued right now?
Based on GuruFocus' analysis, Puxing Energy (HKSE:00090) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.25, compared to a current price of HK$0.91 — trading 262% above its estimated fair value. The current Operating Margin % is 19.99%, which is 35% below median its 10-year median of 30.77 and 57.4% above the Utilities - Independent Power Producers industry median of 12.70. Puxing Energy's overall GF Score™ is 41/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Operating Margin % calculated?
Operating Margin % is calculated from a company's financial statements. For Puxing Energy (HKSE:00090), the current Operating Margin % is 19.99% 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.
Is Puxing Energy (HKSE:00090) Overvalued in 2026?
Based on GuruFocus' analysis, Puxing Energy stock appears to be overvalued.
The current stock price of HK$0.91 is trading 262% above its estimated GF Value™ of HK$0.25.
GuruFocus considers Puxing Energy to be Significantly Overvalued.
Key valuation signals for HKSE:00090:
Operating Margin %: 19.99% (35% below median its 10-year median of 30.77)
GF Value™: HK$0.25 vs. price of HK$0.91 (262% above fair value)
Industry Position: 57.4% above the Utilities - Independent Power Producers median (#145 of 427)
No single metric tells the full story. See the HKSE:00090 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Puxing Energy Ltd is a provider of clean energy. The company is engaged in the development, operation, and management of natural gas-fired power plants. It has five operating segments, which are the five power plants, namely: Puxing (Anji) Gas Turbine Thermal Power Co., Ltd. (Anji Power Plant); Zhejiang Puxing Deneng Natural Gas Power Co., Ltd. (Deneng Power Plant); Zhejiang Puxing Jingxing Natural Gas Power Co., Ltd.(Jing-Xing Power Plant); Zhejiang Puxing Bluesky Natural Gas Power Co., Ltd. (Bluesky Power Plant); and Quzhou Puxing Gas Turbine Thermal Power Co., Ltd (Quzhou Power Plant).
41GF Score
Get the complete analysis for HKSE:00090
Operating Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
HKSE:00090 has been successfully added to your 
