Golden Solar New Energy Technology Holdings (HKSE:01121) Operating Margin %: -145.33% (As of Dec. 2025)

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HKSE:01121 Golden Solar New Energy Technology Holdings Ltd HKSE:01121
36 GF Score
Price HK$0.33
GF Value HK$1.44
Valuation Possible Value Trap
! 8 Warning Signs
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What is Golden Solar New Energy Technology Holdings Operating Margin %?

Golden Solar New Energy Technology Holdings HKSE:01121 -2.94% 36 Operating Margin % is -145.33% as of Dec. 2025. GuruFocus rates HKSE:01121 with a GF Score™ of 36/100 and a GF Value™ of HK$1.44 (Possible Value Trap). The stock has 8 warning signs investors should review. Among 1,039 Manufacturing - Apparel & Accessories companies, Golden Solar New Energy Technology Holdings ranks worse than 98.27% on this metric.

Operating Margin % is calculated as Operating Income divided by its Revenue. Golden Solar New Energy Technology Holdings's Operating Income for the six months ended in Dec. 2025 was HK$-147.8 Mil. Golden Solar New Energy Technology Holdings's Revenue for the six months ended in Dec. 2025 was HK$101.7 Mil. Therefore, Golden Solar New Energy Technology Holdings's Operating Margin % for the quarter that ended in Dec. 2025 was -145.33%.

Warning Sign:

Golden Solar New Energy Technology Holdings Ltd operating margin has been in a 5-year decline. The average rate of decline per year is -76.4%.

The historical rank and industry rank for Golden Solar New Energy Technology Holdings's Operating Margin % or its related term are showing as below:

HKSE:01121' s Operating Margin % Range Over the Past 10 Years
Min: -187.8   Med: -67.88   Max: -1.55
Current: -187.54


HKSE:01121's Operating Margin % is ranked worse than
98.27% of 1039 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 4.24 vs HKSE:01121: -187.54

Golden Solar New Energy Technology Holdings's 5-Year Average Operating Margin % Growth Rate was -76.40% per year.

Golden Solar New Energy Technology Holdings's Operating Income for the six months ended in Dec. 2025 was HK$-147.8 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2025 was HK$-320.0 Mil.

Warning Sign:

Golden Solar New Energy Technology Holdings Ltd has never been profitable in the past 3 years. It lost money every year.


Golden Solar New Energy Technology Holdings  (HKSE:01121) 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 Solar New Energy Technology Holdings Operating Margin % Related Terms


Golden Solar New Energy Technology Holdings Operating Margin % Historical Data

* Premium members only.

The historical data trend for Golden Solar New Energy Technology 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.

Golden Solar New Energy Technology Holdings Operating Margin % Chart

Golden Solar New Energy Technology 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 -1.55 -76.59 -108.37 -106.05 -187.80

Golden Solar New Energy Technology 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 -136.91 -122.06 -89.87 -249.77 -145.33

HKSE:01121 vs NKE, DECK, ONON: Operating Margin % Comparison

For the Footwear & Accessories subindustry, Golden Solar New Energy Technology 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.


Golden Solar New Energy Technology Holdings Operating Margin % vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Golden Solar New Energy Technology Holdings's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Golden Solar New Energy Technology Holdings's Operating Margin % falls into.


HKSE:01121
36GF Score
Golden Solar New Energy Technology Holdings Ltd HKSE:01121
Operating Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Golden Solar New Energy Technology 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.

Golden Solar New Energy Technology 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 )
=-321.827 / 171.365
=-187.80 %

Golden Solar New Energy Technology 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 )
=-147.758 / 101.674
=-145.33 %

* 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 -145.33% mean?
Golden Solar New Energy Technology Holdings (HKSE:01121) has a Operating Margin % of -145.33% as of Dec. 2025. Operating margin is the ratio of total operating income to net sales. View historical data on Golden Solar New Energy Technology Holdings and its competitors. According to the industry distribution chart, Golden Solar New Energy Technology Holdings ranks #1021 out of 1039 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 98.3%.
Is Golden Solar New Energy Technology Holdings' Operating Margin % too high?
Golden Solar New Energy Technology Holdings' current Operating Margin % is -145.33%. Based on the distribution chart, Golden Solar New Energy Technology Holdings ranks #1021 out of 1039 companies in the Manufacturing - Apparel & Accessories industry, which is in the bottom quartile relative to peers. Overall, Golden Solar New Energy Technology Holdings has a GF Score™ of 36/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Golden Solar New Energy Technology Holdings' Operating Margin % compare to NKE and DECK?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Golden Solar New Energy Technology Holdings ranks #1021 out of 1039 companies for Operating Margin %. This places Golden Solar New Energy Technology Holdings in the lower half of its industry. The industry median Operating Margin % is 4.24. 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 Manufacturing - Apparel & Accessories company?
The median Operating Margin % among Manufacturing - Apparel & Accessories companies is 4.24, based on 1,039 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 Golden Solar New Energy Technology Holdings and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Operating Margin % is 4.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Golden Solar New Energy Technology Holdings's current Operating Margin % is -145.33%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Golden Solar New Energy Technology Holdings stock overvalued right now?
Based on GuruFocus' analysis, Golden Solar New Energy Technology Holdings (HKSE:01121) is currently considered Possible Value Trap. The stock's GF Value™ is HK$1.44, compared to a current price of HK$0.33 — trading 77.1% below its estimated fair value. The current Operating Margin % is -145.33%. Golden Solar New Energy Technology Holdings' overall GF Score™ is 36/100 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 Solar New Energy Technology Holdings (HKSE:01121), the current Operating Margin % is -145.33% 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 Golden Solar New Energy Technology Holdings (HKSE:01121) Overvalued in 2026?

Based on GuruFocus' analysis, Golden Solar New Energy Technology Holdings stock appears to be undervalued. The current stock price of HK$0.33 is trading 77.1% below its estimated GF Value™ of HK$1.44. GuruFocus considers Golden Solar New Energy Technology Holdings to be Possible Value Trap.

Key valuation signals for HKSE:01121:

  • Operating Margin %: -145.33%
  • GF Value™: HK$1.44 vs. price of HK$0.33 (77.1% below fair value)
  • GF Score™: 36/100 with 8 warning signs

No single metric tells the full story. See the HKSE:01121 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Golden Solar New Energy Technology Holdings Business Description

Address Huoju Industrial Zone, Jiangnan Town, Licheng District, Fujian Province, Quanzhou, CHN, 362300
Golden Solar New Energy Technology Holdings Ltd is an investment holding, with its subsidiaries engaged in the manufacture and sale of slippers, sandals, casual footwear, Graphene-based EVA Foam Material and Graphene-based Slippers, Sterilizing Chips and graphene air sterilizers, and Cast-mono wafers and Castmono HJT solar cells and modules, HBC solar cells, HBC flexible modules and bendable solar awnings in the PRC. Its segments are the Boree branded products segment; the graphene-based products segment; the Original Equipment Manufacturer; and the photovoltaic products segment. Majority revenue is generated from Original Equipment Manufacturer segment produces slippers for branding and resale by others.
36GF Score

Get the complete analysis for HKSE:01121

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

HK$0.33
Price
HK$1.44
GF Value