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.
Wang On PropertiesHKSE:01243 -3.03% Operating Margin % is -22.82% as of Mar. 2026. The stock has 4 warning signs investors should review. Among 1,747 Real Estate companies, Wang On Properties ranks worse than 86.15% on this metric.
Wang On Properties (HKSE:01243) 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.
Wang On Properties Operating Margin % Related Terms
Wang On Properties Operating Margin % Historical Data
* Premium members only.
The historical data trend for Wang On Properties'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.
Wang On Properties Operating Margin % Competitor Comparison
For the Real Estate - Development subindustry, Wang On Properties'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.
Wang On Properties Operating Margin % vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Wang On Properties's Operating Margin % distribution charts can be found below:
* The bar in red indicates where Wang On Properties'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.
Wang On Properties's Operating Margin % for the fiscal year that ended in Mar. 2026 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.
Wang On Properties (HKSE:01243) has a Operating Margin % of -22.82% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on Wang On Properties and its competitors. According to the industry distribution chart, Wang On Properties ranks #1505 out of 1747 companies in the Real Estate industry, placing it in the top 86.1%.
Is Wang On Properties' Operating Margin % too high?
Wang On Properties' current Operating Margin % is -22.82%. Based on the distribution chart, Wang On Properties ranks #1505 out of 1747 companies in the Real Estate industry, which is in the bottom quartile relative to peers.
How does Wang On Properties' Operating Margin % compare to competitors?
According to the Real Estate industry distribution chart, Wang On Properties ranks #1505 out of 1747 companies for Operating Margin %. This places Wang On Properties in the lower half of its industry. The industry median Operating Margin % is 13.40. 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 Real Estate company?
The median Operating Margin % among Real Estate companies is 13.40, based on 1,747 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 Wang On Properties and its competitors. For the Real Estate industry, the median Operating Margin % is 13.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Wang On Properties's current Operating Margin % is -22.82%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wang On Properties stock overvalued right now?
Based on GuruFocus' analysis, Wang On Properties (HKSE:01243) is currently considered Modestly Undervalued. The stock's GF Value™ is HK$0.04, compared to a current price of HK$0.03 — trading 20% below its estimated fair value. The current Operating Margin % is -22.82%. 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 Wang On Properties (HKSE:01243), the current Operating Margin % is -22.82% 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.
Wang On Properties Ltd is engaged in property development and property investment in Hong Kong. The company's business segments are Property development and trading, Asset management segment, and Property investment. The Property development segment, which is the key revenue-driving segment, engages in the development of properties whereas the Property Investment segment engages in the investment in commercial and industrial premises for rental or for sale. The Asset Management segment earns fee income for managing assets on behalf of the group's capital partners via investment vehicles. The company operates its business in Hong Kong. It derives maximum revenue from Property development and trading.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
HKSE:01243 has been successfully added to your 
