CPM Group (HKSE:01932) Operating Margin %: -3.18% (As of Dec. 2025)


HKSE:01932 CPM Group Ltd HKSE:01932
32 GF Score
Price HK$0.18
GF Value HK$0.12
Valuation Significantly Overvalued
! 2 Warning Signs
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What is CPM Group Operating Margin %?

CPM Group HKSE:01932 +2.27% 32 Operating Margin % is -3.18% as of Dec. 2025. GuruFocus rates HKSE:01932 with a GF Score™ of 32/100 and a GF Value™ of HK$0.12 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 1,574 Chemicals companies, CPM Group ranks worse than 87.17% on this metric.

Operating Margin % is calculated as Operating Income divided by its Revenue. CPM Group's Operating Income for the six months ended in Dec. 2025 was HK$-4.3 Mil. CPM Group's Revenue for the six months ended in Dec. 2025 was HK$134.8 Mil. Therefore, CPM Group's Operating Margin % for the quarter that ended in Dec. 2025 was -3.18%.

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

HKSE:01932' s Operating Margin % Range Over the Past 10 Years
Min: -18.85   Med: -4.92   Max: 9.72
Current: -6.34


HKSE:01932's Operating Margin % is ranked worse than
87.17% of 1574 companies
in the Chemicals industry
Industry Median: 6.025 vs HKSE:01932: -6.34

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

CPM Group's Operating Income for the six months ended in Dec. 2025 was HK$-4.3 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2025 was HK$-15.3 Mil.


CPM Group  (HKSE:01932) 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.


CPM Group Operating Margin % Related Terms


CPM Group Operating Margin % Historical Data

* Premium members only.

The historical data trend for CPM Group'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.

CPM Group Operating Margin % Chart

CPM Group 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 -4.58 -5.84 1.93 -7.22 -6.34

CPM Group 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 6.03 -5.99 -8.28 -10.34 -3.18

HKSE:01932 vs LIN, SHW, ECL: Operating Margin % Comparison

For the Specialty Chemicals subindustry, CPM Group'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.


CPM Group Operating Margin % vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, CPM Group's Operating Margin % distribution charts can be found below:

* The bar in red indicates where CPM Group's Operating Margin % falls into.


HKSE:01932
32GF Score
CPM Group Ltd HKSE:01932
Operating Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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CPM Group 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.

CPM Group'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 )
=-15.281 / 241.091
=-6.34 %

CPM Group'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 )
=-4.282 / 134.753
=-3.18 %

* 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 -3.18% mean?
CPM Group (HKSE:01932) has a Operating Margin % of -3.18% as of Dec. 2025. Operating margin is the ratio of total operating income to net sales. View historical data on CPM Group and its competitors. According to the industry distribution chart, CPM Group ranks #1372 out of 1574 companies in the Chemicals industry, placing it in the top 87.2%.
Is CPM Group's Operating Margin % too high?
CPM Group's current Operating Margin % is -3.18%. Based on the distribution chart, CPM Group ranks #1372 out of 1574 companies in the Chemicals industry, which is in the bottom quartile relative to peers. Overall, CPM Group has a GF Score™ of 32/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does CPM Group's Operating Margin % compare to LIN and SHW?
According to the Chemicals industry distribution chart, CPM Group ranks #1372 out of 1574 companies for Operating Margin %. This places CPM Group in the lower half of its industry. The industry median Operating Margin % is 6.03. 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 Chemicals company?
The median Operating Margin % among Chemicals companies is 6.03, based on 1,574 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 CPM Group and its competitors. For the Chemicals industry, the median Operating Margin % is 6.03 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CPM Group's current Operating Margin % is -3.18%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CPM Group stock overvalued right now?
Based on GuruFocus' analysis, CPM Group (HKSE:01932) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.12, compared to a current price of HK$0.18 — trading 50% above its estimated fair value. The current Operating Margin % is -3.18%. CPM Group's overall GF Score™ is 32/100 with 2 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 CPM Group (HKSE:01932), the current Operating Margin % is -3.18% 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 CPM Group (HKSE:01932) Overvalued in 2026?

Based on GuruFocus' analysis, CPM Group stock appears to be overvalued. The current stock price of HK$0.18 is trading 50% above its estimated GF Value™ of HK$0.12. GuruFocus considers CPM Group to be Significantly Overvalued.

Key valuation signals for HKSE:01932:

  • Operating Margin %: -3.18%
  • GF Value™: HK$0.12 vs. price of HK$0.18 (50% above fair value)
  • GF Score™: 32/100 with 2 warning signs

No single metric tells the full story. See the HKSE:01932 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


CPM Group Business Description

Address 338 Hennessy Road, 31st Floor, CNT Tower, Wanchai, Hong Kong, HKG
CPM Group Ltd is an investment holding company mainly engaged in the manufacture and sale of paint and coating products. The company has two reportable operating segments: the Paint Products segment which derives key revenue and participates in manufacturing and selling paint and coating products; and the Property Investment segment invests in industrial properties for their rental income potential. The company's principal products include industrial paint and coating products, architectural paint and coating products, general paint and coating, and ancillary products. It mainly distributes its products in the Mainland China and Hong Kong markets. The company derives the majority of revenue from Mainland China.
32GF Score

Get the complete analysis for HKSE:01932

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

HK$0.18
Price
HK$0.12
GF Value