Veson Holdings (HKSE:01399) Operating Margin %: 3.39% (As of Dec. 2025) — 176% Above Median

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HKSE:01399 Veson Holdings Ltd HKSE:01399
39 GF Score
Price HK$0.38
GF Value HK$0.19
Valuation Significantly Overvalued
! 3 Warning Signs
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What is Veson Holdings Operating Margin %?

Veson Holdings HKSE:01399 39 Operating Margin % is 3.39% as of Dec. 2025, which is 176% above its 10-year median of 1.23. GuruFocus rates HKSE:01399 with a GF Score™ of 39/100 and a GF Value™ of HK$0.19 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 3,049 Industrial Products companies, Veson Holdings ranks worse than 71.56% on this metric.

Operating Margin % is calculated as Operating Income divided by its Revenue. Veson Holdings's Operating Income for the six months ended in Dec. 2025 was HK$107 Mil. Veson Holdings's Revenue for the six months ended in Dec. 2025 was HK$3,143 Mil. Therefore, Veson Holdings's Operating Margin % for the quarter that ended in Dec. 2025 was 3.39%.

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

HKSE:01399' s Operating Margin % Range Over the Past 10 Years
Min: -4.15   Med: 1.23   Max: 1.99
Current: 1.78


HKSE:01399's Operating Margin % is ranked worse than
71.56% of 3049 companies
in the Industrial Products industry
Industry Median: 6.42 vs HKSE:01399: 1.78

Veson Holdings's 5-Year Average Operating Margin % Growth Rate was 0.00% per year.

Veson Holdings's Operating Income for the six months ended in Dec. 2025 was HK$107 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2025 was HK$102 Mil.


Veson Holdings  (HKSE:01399) 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.


Veson Holdings Operating Margin % Related Terms


Veson Holdings Operating Margin % Historical Data

* Premium members only.

The historical data trend for Veson 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.

Veson Holdings Operating Margin % Chart

Veson 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 1.75 1.19 1.37 1.21 1.77

Veson 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 2.18 0.81 1.55 -0.16 3.39

HKSE:01399 vs VRT, BE: Operating Margin % Comparison

For the Electrical Equipment & Parts subindustry, Veson 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.


Veson Holdings Operating Margin % vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Veson Holdings's Operating Margin % distribution charts can be found below:

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


HKSE:01399
39GF Score
Veson Holdings Ltd HKSE:01399
Operating Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Veson 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.

Veson 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 )
=102.425 / 5772.892
=1.77 %

Veson 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 )
=106.609 / 3142.809
=3.39 %

* 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 3.39% mean?
Veson Holdings (HKSE:01399) has a Operating Margin % of 3.39% as of Dec. 2025. Operating margin is the ratio of total operating income to net sales. View historical data on Veson Holdings and its competitors. This is 176% above median its historical median of 1.23. According to the industry distribution chart, Veson Holdings ranks #2182 out of 3049 companies in the Industrial Products industry, placing it in the top 71.6%.
Is Veson Holdings' Operating Margin % too high?
Veson Holdings' current Operating Margin % of 3.39% is 176% above median its 10-year median of 1.23. The Industrial Products industry median Operating Margin % is 6.42. Veson Holdings' value of 3.39% is 47.2% below this industry median. Based on the distribution chart, Veson Holdings ranks #2182 out of 3049 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Veson Holdings has a GF Score™ of 39/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Veson Holdings' Operating Margin % compare to VRT and BE?
According to the Industrial Products industry distribution chart, Veson Holdings ranks #2182 out of 3049 companies for Operating Margin %. This places Veson Holdings in the lower half of its industry. The industry median Operating Margin % is 6.42. Veson Holdings' value of 3.39% is 47.2% below this benchmark. While the company's 10-year median is 1.23 vs. the industry median of 6.42, Veson 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 an Industrial Products company?
The median Operating Margin % among Industrial Products companies is 6.42, based on 3,049 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. Veson Holdings's current Operating Margin % of 3.39% is 47.2% 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 Veson Holdings and its competitors. For the Industrial Products industry, the median Operating Margin % is 6.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Veson Holdings's current Operating Margin % is 3.39%, which is 176% above median its own 10-year median of 1.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Veson Holdings stock overvalued right now?
Based on GuruFocus' analysis, Veson Holdings (HKSE:01399) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.19, compared to a current price of HK$0.38 — trading 100% above its estimated fair value. The current Operating Margin % is 3.39%, which is 176% above median its 10-year median of 1.23 and 47.2% below the Industrial Products industry median of 6.42. Veson Holdings' overall GF Score™ is 39/100 with 3 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 Veson Holdings (HKSE:01399), the current Operating Margin % is 3.39% 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 Veson Holdings (HKSE:01399) Overvalued in 2026?

Based on GuruFocus' analysis, Veson Holdings stock appears to be overvalued. The current stock price of HK$0.38 is trading 100% above its estimated GF Value™ of HK$0.19. GuruFocus considers Veson Holdings to be Significantly Overvalued.

Key valuation signals for HKSE:01399:

  • Operating Margin %: 3.39% (176% above median its 10-year median of 1.23)
  • GF Value™: HK$0.19 vs. price of HK$0.38 (100% above fair value)
  • GF Score™: 39/100 with 3 warning signs
  • Industry Position: 47.2% below the Industrial Products median (#2182 of 3049)

No single metric tells the full story. See the HKSE:01399 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Veson Holdings Business Description

Address No. 98 Jiangbin Avenue East, Fuzhou Pilot Free Trade Zone, Scud Industrial Park, Fujian Province, Mawei District, Fuzhou, CHN
Veson Holdings Ltd is an investment holding company, along with its subsidiaries, that is principally engaged in the manufacture and sale of lithium-ion battery modules and related accessories for mobile phones, tablets, and digital electronic appliances, while also engaging in the manufacture and sale of lithium-ion bare battery cells. Its reportable segments are ODM business, Bare battery cell business, and Others. It genertates the majority of its revenue from ODM business that engaged in the manufacture and supply of lithium-ion battery modules, power banks, motive battery, and related accessories for branded mobile phone, notebooks, tablets manufacturers within and outside China, and the provision of processing services.
39GF Score

Get the complete analysis for HKSE:01399

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

HK$0.38
Price
HK$0.19
GF Value