Bonny International Holding (HKSE:01906) Operating Margin %: -5.36% (As of Dec. 2025)

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HKSE:01906 Bonny International Holding Ltd HKSE:01906
44 GF Score
Price HK$0.63
GF Value HK$0.43
Valuation Significantly Overvalued
! 7 Warning Signs
View Full Analysis

What is Bonny International Holding Operating Margin %?

Bonny International Holding HKSE:01906 -5.26% 44 Operating Margin % is -5.36% as of Dec. 2025. GuruFocus rates HKSE:01906 with a GF Score™ of 44/100 and a GF Value™ of HK$0.43 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 1,038 Manufacturing - Apparel & Accessories companies, Bonny International Holding ranks worse than 74.18% on this metric.

Operating Margin % is calculated as Operating Income divided by its Revenue. Bonny International Holding's Operating Income for the six months ended in Dec. 2025 was HK$-6.8 Mil. Bonny International Holding's Revenue for the six months ended in Dec. 2025 was HK$127.7 Mil. Therefore, Bonny International Holding's Operating Margin % for the quarter that ended in Dec. 2025 was -5.36%.

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

HKSE:01906' s Operating Margin % Range Over the Past 10 Years
Min: -21.4   Med: 3.3   Max: 17.47
Current: -1.45


HKSE:01906's Operating Margin % is ranked worse than
74.18% of 1038 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 4.175 vs HKSE:01906: -1.45

Bonny International Holding's 5-Year Average Operating Margin % Growth Rate was 0.00% per year.

Bonny International Holding's Operating Income for the six months ended in Dec. 2025 was HK$-6.8 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2025 was HK$-3.7 Mil.

Warning Sign:

Bonny International Holding Ltd had lost money in 67% of the time over the past 3quarters.


Bonny International Holding  (HKSE:01906) 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.


Bonny International Holding Operating Margin % Related Terms


Bonny International Holding Operating Margin % Historical Data

* Premium members only.

The historical data trend for Bonny International Holding'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.

Bonny International Holding Operating Margin % Chart

Bonny International Holding 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 -5.36 -21.40 -12.66 3.07 -1.43

Bonny International Holding Semi-Annual Data
Dec16 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 -17.99 5.34 0.40 2.49 -5.36

HKSE:01906 vs RL, LEVI, VFC: Operating Margin % Comparison

For the Apparel Manufacturing subindustry, Bonny International Holding'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.


Bonny International Holding Operating Margin % vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Bonny International Holding's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Bonny International Holding's Operating Margin % falls into.


HKSE:01906
44GF Score
Bonny International Holding Ltd HKSE:01906
Operating Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Bonny International Holding 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.

Bonny International Holding'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 )
=-3.654 / 256.118
=-1.43 %

Bonny International Holding'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 )
=-6.849 / 127.743
=-5.36 %

* 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 -5.36% mean?
Bonny International Holding (HKSE:01906) has a Operating Margin % of -5.36% as of Dec. 2025. Operating margin is the ratio of total operating income to net sales. View historical data on Bonny International Holding and its competitors. According to the industry distribution chart, Bonny International Holding ranks #770 out of 1038 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 74.2%.
Is Bonny International Holding's Operating Margin % too high?
Bonny International Holding's current Operating Margin % is -5.36%. Based on the distribution chart, Bonny International Holding ranks #770 out of 1038 companies in the Manufacturing - Apparel & Accessories industry, which is below the industry midpoint. Overall, Bonny International Holding has a GF Score™ of 44/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Bonny International Holding's Operating Margin % compare to RL and LEVI?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Bonny International Holding ranks #770 out of 1038 companies for Operating Margin %. This places Bonny International Holding in the lower half of its industry. The industry median Operating Margin % is 4.18. 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 4.18, based on 1,038 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 Bonny International Holding and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Operating Margin % is 4.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bonny International Holding's current Operating Margin % is -5.36%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bonny International Holding stock overvalued right now?
Based on GuruFocus' analysis, Bonny International Holding (HKSE:01906) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.43, compared to a current price of HK$0.63 — trading 46.5% above its estimated fair value. The current Operating Margin % is -5.36%. Bonny International Holding's overall GF Score™ is 44/100 with 7 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 Bonny International Holding (HKSE:01906), the current Operating Margin % is -5.36% 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 Bonny International Holding (HKSE:01906) Overvalued in 2026?

Based on GuruFocus' analysis, Bonny International Holding stock appears to be overvalued. The current stock price of HK$0.63 is trading 46.5% above its estimated GF Value™ of HK$0.43. GuruFocus considers Bonny International Holding to be Significantly Overvalued.

Key valuation signals for HKSE:01906:

  • Operating Margin %: -5.36%
  • GF Value™: HK$0.43 vs. price of HK$0.63 (46.5% above fair value)
  • GF Score™: 44/100 with 7 warning signs

No single metric tells the full story. See the HKSE:01906 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Bonny International Holding Business Description

Address No. 129, Chunhan Road, Beiyuan Street, Zhejiang Province, Yiwu, CHN
Bonny International Holding Ltd is principally engaged in the manufacturing of intimate wear products for overseas apparel companies. The segments of the company are the Brand products segment, which involves the manufacture and sale of ladies Brassieres, Panties, and Thermal underwear with the Bonny brand to the domestic market; and the Original Design Manufacturer (ODM) products segment, which engages in the manufacture and sale of Seamless underwear or other ODM products for overseas customers or their agents. Geographically, the group derives key revenue from the United States, Mainland China, Germany, Canada, the Netherlands, and others, of which the maximum revenue is derived from Mainland China.
44GF Score

Get the complete analysis for HKSE:01906

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

HK$0.63
Price
HK$0.43
GF Value