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Operating Margin % is calculated as Operating Income divided by its Revenue. GBA Holdings's Operating Income for the
six
months ended in Dec. 2025 was HK$-22.5 Mil. GBA Holdings's Revenue for the
six
months ended in Dec. 2025 was HK$95.4 Mil. Therefore, GBA Holdings's Operating Margin % for the quarter that ended in Dec. 2025 was -23.56%.
Warning Sign:
GBA Holdings Ltd operating margin has been in a 5-year decline. The average rate of decline per year is -24.6%.
The historical rank and industry rank for GBA Holdings's Operating Margin % or its related term are showing as below:
HKSE:00261'
s Operating Margin % Range Over the Past 10 Years
Min: -204.36 Med: -38.79 Max: -8.03
Current: -51.69
HKSE:00261's Operating Margin % is ranked worse than 94.15% of 547
companies
in the Conglomerates industry
Industry Median: 5.79
vs HKSE:00261: -51.69
GBA Holdings's 5-Year Average Operating Margin % Growth Rate was -24.60% per year.
GBA Holdings's Operating Income for the
six
months ended in Dec. 2025 was HK$-22.5 Mil.
Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2025 was HK$-65.4 Mil.
Warning Sign:
GBA Holdings Ltd has never been profitable in the past 3 years. It lost money every year.
GBA Holdings (HKSE:00261) 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.
GBA Holdings Operating Margin % Related Terms
GBA Holdings Operating Margin % Historical Data
* Premium members only.
The historical data trend for GBA Holdings'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.
HKSE:00261 vs MMM, HON: Operating Margin % Comparison
For the Conglomerates subindustry, GBA Holdings'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.
GBA Holdings Operating Margin % vs Conglomerates Industry
For the Conglomerates industry and Industrials sector, GBA Holdings's Operating Margin % distribution charts can be found below:
* The bar in red indicates where GBA Holdings'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.
GBA Holdings'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.
GBA Holdings (HKSE:00261) has a Operating Margin % of -23.56% as of Dec. 2025. Operating margin is the ratio of total operating income to net sales. View historical data on GBA Holdings and its competitors. According to the industry distribution chart, GBA Holdings ranks #515 out of 547 companies in the Conglomerates industry, placing it in the top 94.1%.
Is GBA Holdings' Operating Margin % too high?
GBA Holdings' current Operating Margin % is -23.56%. Based on the distribution chart, GBA Holdings ranks #515 out of 547 companies in the Conglomerates industry, which is in the bottom quartile relative to peers. Overall, GBA Holdings has a GF Score™ of 23/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does GBA Holdings' Operating Margin % compare to MMM and HON?
According to the Conglomerates industry distribution chart, GBA Holdings ranks #515 out of 547 companies for Operating Margin %. This places GBA Holdings in the lower half of its industry. The industry median Operating Margin % is 5.79. 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 a Conglomerates company?
The median Operating Margin % among Conglomerates companies is 5.79, based on 547 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. 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 GBA Holdings and its competitors. For the Conglomerates industry, the median Operating Margin % is 5.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. GBA Holdings's current Operating Margin % is -23.56%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GBA Holdings stock overvalued right now?
Based on GuruFocus' analysis, GBA Holdings (HKSE:00261) is currently considered Possible Value Trap. The stock's GF Value™ is HK$0.66, compared to a current price of HK$0.21 — trading 68% below its estimated fair value. The current Operating Margin % is -23.56%. GBA Holdings' overall GF Score™ is 23/100 with 6 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 GBA Holdings (HKSE:00261), the current Operating Margin % is -23.56% 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 GBA Holdings (HKSE:00261) Overvalued in 2026?
Based on GuruFocus' analysis, GBA Holdings stock appears to be undervalued.
The current stock price of HK$0.21 is trading 68% below its estimated GF Value™ of HK$0.66.
GuruFocus considers GBA Holdings to be Possible Value Trap.
Key valuation signals for HKSE:00261:
Operating Margin %: -23.56%
GF Value™: HK$0.66 vs. price of HK$0.21 (68% below fair value)
No single metric tells the full story. See the HKSE:00261 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
GBA Holdings Ltd is an investment holding company. The Group is principally engaged in Property Business in the PRC, the Finance Business, the Automobile Business, the Catering Business and the Corporate Consulting Services Business in Hong Kong. The company generates majority of revenue from Property business segment which representing the development and sale of properties. The Group's operations are mainly located in Mainland China and Hong Kong.
23GF Score
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Operating Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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