Golden Resources Development International (HKSE:00677) Operating Margin %: 4.06% (As of Mar. 2026) — 48% Above Median

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HKSE:00677 Golden Resources Development International Ltd HKSE:00677
55 GF Score
Price HK$0.35
GF Value HK$0.41
Valuation Modestly Undervalued
! 8 Warning Signs
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What is Golden Resources Development International Operating Margin %?

Golden Resources Development International HKSE:00677 55 Operating Margin % is 4.06% as of Mar. 2026, which is 48% above its 10-year median of 2.74. GuruFocus rates HKSE:00677 with a GF Score™ of 55/100 and a GF Value™ of HK$0.41 (Modestly Undervalued). The stock has 8 warning signs investors should review. Among 309 Retail - Defensive companies, Golden Resources Development International ranks worse than 60.52% on this metric.

Operating Margin % is calculated as Operating Income divided by its Revenue. Golden Resources Development International's Operating Income for the six months ended in Mar. 2026 was HK$43 Mil. Golden Resources Development International's Revenue for the six months ended in Mar. 2026 was HK$1,059 Mil. Therefore, Golden Resources Development International's Operating Margin % for the quarter that ended in Mar. 2026 was 4.06%.

Good Sign:

Golden Resources Development International Ltd operating margin is expanding. Margin expansion is usually a good sign.

The historical rank and industry rank for Golden Resources Development International's Operating Margin % or its related term are showing as below:

HKSE:00677' s Operating Margin % Range Over the Past 10 Years
Min: -0.66   Med: 2.74   Max: 7.59
Current: 2.69


HKSE:00677's Operating Margin % is ranked worse than
60.52% of 309 companies
in the Retail - Defensive industry
Industry Median: 3.44 vs HKSE:00677: 2.69

Golden Resources Development International's 5-Year Average Operating Margin % Growth Rate was 9.40% per year.

Golden Resources Development International's Operating Income for the six months ended in Mar. 2026 was HK$43 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was HK$57 Mil.


Golden Resources Development International  (HKSE:00677) 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.


Golden Resources Development International Operating Margin % Related Terms


Golden Resources Development International Operating Margin % Historical Data

* Premium members only.

The historical data trend for Golden Resources Development International'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.

Golden Resources Development International Operating Margin % Chart

Golden Resources Development International Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Operating Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.69 7.59 4.85 2.79 2.69

Golden Resources Development International Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
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 5.01 3.07 2.52 1.31 4.06

HKSE:00677 vs SYY, USFD, PFGC: Operating Margin % Comparison

For the Food Distribution subindustry, Golden Resources Development International'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.


Golden Resources Development International Operating Margin % vs Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Golden Resources Development International's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Golden Resources Development International's Operating Margin % falls into.


HKSE:00677
55GF Score
Golden Resources Development International Ltd HKSE:00677
Operating Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Golden Resources Development International 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.

Golden Resources Development International's Operating Margin % for the fiscal year that ended in Mar. 2026 is calculated as

Operating Margin %=Operating Income (A: Mar. 2026 ) / Revenue (A: Mar. 2026 )
=56.689 / 2104.187
=2.69 %

Golden Resources Development International's Operating Margin % for the quarter that ended in Mar. 2026 is calculated as

Operating Margin %=Operating Income (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=43.013 / 1059.259
=4.06 %

* 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 4.06% mean?
Golden Resources Development International (HKSE:00677) has a Operating Margin % of 4.06% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on Golden Resources Development International and its competitors. This is 48% above median its historical median of 2.74. According to the industry distribution chart, Golden Resources Development International ranks #187 out of 309 companies in the Retail - Defensive industry, placing it in the top 60.5%.
Is Golden Resources Development International's Operating Margin % too high?
Golden Resources Development International's current Operating Margin % of 4.06% is 48% above median its 10-year median of 2.74. The Retail - Defensive industry median Operating Margin % is 3.44. Golden Resources Development International's value of 4.06% is 18% above this industry median. Based on the distribution chart, Golden Resources Development International ranks #187 out of 309 companies in the Retail - Defensive industry, which is below the industry midpoint. Overall, Golden Resources Development International has a GF Score™ of 55/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Golden Resources Development International's Operating Margin % compare to SYY and USFD?
According to the Retail - Defensive industry distribution chart, Golden Resources Development International ranks #187 out of 309 companies for Operating Margin %. This places Golden Resources Development International in the lower half of its industry. The industry median Operating Margin % is 3.44. Golden Resources Development International's value of 4.06% is 18% above this benchmark. While the company's 10-year median is 2.74 vs. the industry median of 3.44, Golden Resources Development International 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 a Retail - Defensive company?
The median Operating Margin % among Retail - Defensive companies is 3.44, based on 309 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. Golden Resources Development International's current Operating Margin % of 4.06% is 18% 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 Golden Resources Development International and its competitors. For the Retail - Defensive industry, the median Operating Margin % is 3.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Golden Resources Development International's current Operating Margin % is 4.06%, which is 48% above median its own 10-year median of 2.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Golden Resources Development International stock overvalued right now?
Based on GuruFocus' analysis, Golden Resources Development International (HKSE:00677) is currently considered Modestly Undervalued. The stock's GF Value™ is HK$0.41, compared to a current price of HK$0.35 — trading 14.6% below its estimated fair value. The current Operating Margin % is 4.06%, which is 48% above median its 10-year median of 2.74 and 18% above the Retail - Defensive industry median of 3.44. Golden Resources Development International's overall GF Score™ is 55/100 with 8 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 Golden Resources Development International (HKSE:00677), the current Operating Margin % is 4.06% as of Mar. 2026. 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 Golden Resources Development International (HKSE:00677) Overvalued in 2026?

Based on GuruFocus' analysis, Golden Resources Development International stock appears to be undervalued. The current stock price of HK$0.35 is trading 14.6% below its estimated GF Value™ of HK$0.41. GuruFocus considers Golden Resources Development International to be Modestly Undervalued.

Key valuation signals for HKSE:00677:

  • Operating Margin %: 4.06% (48% above median its 10-year median of 2.74)
  • GF Value™: HK$0.41 vs. price of HK$0.35 (14.6% below fair value)
  • GF Score™: 55/100 with 8 warning signs
  • Industry Position: 18% above the Retail - Defensive median (#187 of 309)

No single metric tells the full story. See the HKSE:00677 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Golden Resources Development International Business Description

Address No. 218 Jaffe Road, 29th Floor, Golden Resources Centre, Wan Chai, Hong Kong, HKG
Golden Resources Development International Ltd is an investment holding company. The company is engaged in the business of sourcing, importing, wholesaling, processing, packaging, marketing and distribution of rice and food products, convenience store operation, packaging materials operation, securities investment, property investment retailtainment and investment holding. The company's operating segment includes Convenience store operation; Food operation; Packaging materials operation; Securities investment; Property investment; Retailtainment; and Corporate and others. It generates maximum revenue from the Convenience store operation segment. Geographically, it derives a majority of revenue from Vietnam and also has a presence in Hong Kong and Mainland China and Other regions.
55GF Score

Get the complete analysis for HKSE:00677

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

HK$0.35
Price
HK$0.41
GF Value