Wai Kee Holdings (HKSE:00610) Operating Margin %: 4.52% (As of Dec. 2025) — 25% Above Median

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HKSE:00610 Wai Kee Holdings Ltd HKSE:00610
50 GF Score
Price HK$0.94
GF Value HK$0.87
Valuation Fairly Valued
! 6 Warning Signs
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What is Wai Kee Holdings Operating Margin %?

Wai Kee Holdings HKSE:00610 +0.53% 50 Operating Margin % is 4.52% as of Dec. 2025, which is 25% above its 10-year median of 3.61. GuruFocus rates HKSE:00610 with a GF Score™ of 50/100 and a GF Value™ of HK$0.87 (Fairly Valued). The stock has 6 warning signs investors should review. Among 1,773 Construction companies, Wai Kee Holdings ranks worse than 63.06% on this metric.

Operating Margin % is calculated as Operating Income divided by its Revenue. Wai Kee Holdings's Operating Income for the six months ended in Dec. 2025 was HK$317 Mil. Wai Kee Holdings's Revenue for the six months ended in Dec. 2025 was HK$7,005 Mil. Therefore, Wai Kee Holdings's Operating Margin % for the quarter that ended in Dec. 2025 was 4.52%.

Good Sign:

Wai Kee Holdings Ltd operating margin is expanding. Margin expansion is usually a good sign.

The historical rank and industry rank for Wai Kee Holdings's Operating Margin % or its related term are showing as below:

HKSE:00610' s Operating Margin % Range Over the Past 10 Years
Min: 2.83   Med: 3.61   Max: 5.65
Current: 3.7


HKSE:00610's Operating Margin % is ranked worse than
63.06% of 1773 companies
in the Construction industry
Industry Median: 5.91 vs HKSE:00610: 3.70

Wai Kee Holdings's 5-Year Average Operating Margin % Growth Rate was 2.80% per year.

Wai Kee Holdings's Operating Income for the six months ended in Dec. 2025 was HK$317 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2025 was HK$516 Mil.


Wai Kee Holdings  (HKSE:00610) 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 Nokia’s 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.


Wai Kee Holdings Operating Margin % Related Terms


Wai Kee Holdings Operating Margin % Historical Data

* Premium members only.

The historical data trend for Wai Kee 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.

Wai Kee Holdings Operating Margin % Chart

Wai Kee Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Operating Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.52 3.82 5.65 3.81 3.70

Wai Kee Holdings Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Operating Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.11 3.12 4.38 2.87 4.52

HKSE:00610 vs PWR, FIX, EME: Operating Margin % Comparison

For the Engineering & Construction subindustry, Wai Kee 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.


Wai Kee Holdings Operating Margin % vs Construction Industry

For the Construction industry and Industrials sector, Wai Kee Holdings's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Wai Kee Holdings's Operating Margin % falls into.


HKSE:00610
50GF Score
Wai Kee Holdings Ltd HKSE:00610
Operating Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Wai Kee Holdings Operating Margin % Calculation

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.

Wai Kee Holdings's Operating Margin % for the fiscal year that ended in Dec. 2025 is calculated as

Operating Margin %=Operating Income (A: Dec. 2025 ) / Revenue (A: Dec. 2025 )
=515.643 / 13941.166
=3.70 %

Wai Kee Holdings's Operating Margin % for the quarter that ended in Dec. 2025 is calculated as

Operating Margin %=Operating Income (Q: Dec. 2025 ) / Revenue (Q: Dec. 2025 )
=316.67 / 7004.78
=4.52 %

* 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 Operating Margin % →
What does a Operating Margin % of 4.52% mean?
Wai Kee Holdings (HKSE:00610) has a Operating Margin % of 4.52% as of Dec. 2025. Operating margin is the ratio of total operating income to net sales. View historical data on Wai Kee Holdings and its competitors. This is 25% above median its historical median of 3.61. Over the past decade, Wai Kee Holdings' Operating Margin % has ranged from 2.83 to 5.65. According to the industry distribution chart, Wai Kee Holdings ranks #1118 out of 1773 companies in the Construction industry, placing it in the top 63.1%.
Is Wai Kee Holdings' Operating Margin % too high?
Wai Kee Holdings' current Operating Margin % of 4.52% is 25% above median its 10-year median of 3.61. Over the past 10 years, this metric has ranged from a low of 2.83 to a high of 5.65. The Construction industry median Operating Margin % is 5.91. Wai Kee Holdings' value of 4.52% is 23.5% below this industry median. Based on the distribution chart, Wai Kee Holdings ranks #1118 out of 1773 companies in the Construction industry, which is below the industry midpoint. Overall, Wai Kee Holdings has a GF Score™ of 50/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Wai Kee Holdings' Operating Margin % compare to PWR and FIX?
According to the Construction industry distribution chart, Wai Kee Holdings ranks #1118 out of 1773 companies for Operating Margin %. This places Wai Kee Holdings in the lower half of its industry. The industry median Operating Margin % is 5.91. Wai Kee Holdings' value of 4.52% is 23.5% below this benchmark. Historically, Wai Kee Holdings' own Operating Margin % has ranged from 2.83 to 5.65 over the past decade. While the company's 10-year median is 3.61 vs. the industry median of 5.91, Wai Kee Holdings has consistently been below 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 a Construction company?
The median Operating Margin % among Construction companies is 5.91, based on 1,773 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. Wai Kee Holdings's current Operating Margin % of 4.52% is 23.5% below 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 Wai Kee Holdings and its competitors. For the Construction industry, the median Operating Margin % is 5.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Wai Kee Holdings's current Operating Margin % is 4.52%, which is 25% above median its own 10-year median of 3.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wai Kee Holdings stock overvalued right now?
Based on GuruFocus' analysis, Wai Kee Holdings (HKSE:00610) is currently considered Fairly Valued. The stock's GF Value™ is HK$0.87, compared to a current price of HK$0.94 — trading 8% above its estimated fair value. The current Operating Margin % is 4.52%, which is 25% above median its 10-year median of 3.61 and 23.5% below the Construction industry median of 5.91. Wai Kee Holdings' overall GF Score™ is 50/100 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 Wai Kee Holdings (HKSE:00610), the current Operating Margin % is 4.52% 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 Wai Kee Holdings (HKSE:00610) Overvalued in 2026?

Based on GuruFocus' analysis, Wai Kee Holdings stock appears to be overvalued. The current stock price of HK$0.94 is trading 8% above its estimated GF Value™ of HK$0.87. GuruFocus considers Wai Kee Holdings to be Fairly Valued.

Key valuation signals for HKSE:00610:

  • Operating Margin %: 4.52% (25% above median its 10-year median of 3.61)
  • GF Value™: HK$0.87 vs. price of HK$0.94 (8% above fair value)
  • GF Score™: 50/100 with 6 warning signs
  • Industry Position: 23.5% below the Construction median (#1118 of 1773)

No single metric tells the full story. See the HKSE:00610 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Wai Kee Holdings Business Description

Address 98 Granville Road, Unit 1103, 11th Floor, East Ocean Centre, Tsimshatsui, Kowloon, HKG
Wai Kee Holdings Ltd is engaged in construction and material businesses. It operates through three business segments. The Construction, sewage treatment, and steam fuel segment, which is the key revenue-generating segment, engages in the construction of civil engineering and building projects and the operation of sewage treatment plants and steam fuel plants. The Construction Materials segment is engaged in the production and sales of concrete and asphalt. The quarrying segment is engaged in the production and sales of quarry products. Its prime geographical areas of operation include Hong Kong and China. The firm generates the majority of its revenue from the Hong Kong.
50GF Score

Get the complete analysis for HKSE:00610

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

HK$0.94
Price
HK$0.87
GF Value