China Sunshine Paper Holdings Co. (HKSE:02002) Operating Margin %: 4.03% (As of Dec. 2025) — 62% Below Median

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HKSE:02002 China Sunshine Paper Holdings Co. Ltd HKSE:02002
62 GF Score
Price HK$0.90
GF Value HK$1.81
Valuation Possible Value Trap
! 6 Warning Signs
View Full Analysis

What is China Sunshine Paper Holdings Co. Operating Margin %?

China Sunshine Paper Holdings Co. HKSE:02002 -1.10% 62 Operating Margin % is 4.03% as of Dec. 2025, which is 62% below its 10-year median of 10.57. GuruFocus rates HKSE:02002 with a GF Score™ of 62/100 and a GF Value™ of HK$1.81 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 282 Forest Products companies, China Sunshine Paper Holdings Co. ranks better than 67.02% on this metric.

Operating Margin % is calculated as Operating Income divided by its Revenue. China Sunshine Paper Holdings Co.'s Operating Income for the six months ended in Dec. 2025 was HK$188 Mil. China Sunshine Paper Holdings Co.'s Revenue for the six months ended in Dec. 2025 was HK$4,658 Mil. Therefore, China Sunshine Paper Holdings Co.'s Operating Margin % for the quarter that ended in Dec. 2025 was 4.03%.

Warning Sign:

China Sunshine Paper Holdings Co. Ltd operating margin has been in a 5-year decline. The average rate of decline per year is -16.1%.

The historical rank and industry rank for China Sunshine Paper Holdings Co.'s Operating Margin % or its related term are showing as below:

HKSE:02002' s Operating Margin % Range Over the Past 10 Years
Min: 5.37   Med: 10.57   Max: 14.19
Current: 5.37


HKSE:02002's Operating Margin % is ranked better than
67.02% of 282 companies
in the Forest Products industry
Industry Median: 2.54 vs HKSE:02002: 5.37

China Sunshine Paper Holdings Co.'s 5-Year Average Operating Margin % Growth Rate was -16.10% per year.

China Sunshine Paper Holdings Co.'s Operating Income for the six months ended in Dec. 2025 was HK$188 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2025 was HK$460 Mil.


China Sunshine Paper Holdings Co.  (HKSE:02002) 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.


China Sunshine Paper Holdings Co. Operating Margin % Related Terms


China Sunshine Paper Holdings Co. Operating Margin % Historical Data

* Premium members only.

The historical data trend for China Sunshine Paper Holdings Co.'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.

China Sunshine Paper Holdings Co. Operating Margin % Chart

China Sunshine Paper Holdings Co. 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 11.82 5.89 7.88 6.25 5.38

China Sunshine Paper Holdings Co. 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 7.88 7.36 5.18 6.97 4.03

China Sunshine Paper Holdings Co. Operating Margin % Competitor Comparison

For the Paper & Paper Products subindustry, China Sunshine Paper Holdings Co.'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.


China Sunshine Paper Holdings Co. Operating Margin % vs Forest Products Industry

For the Forest Products industry and Basic Materials sector, China Sunshine Paper Holdings Co.'s Operating Margin % distribution charts can be found below:

* The bar in red indicates where China Sunshine Paper Holdings Co.'s Operating Margin % falls into.


HKSE:02002
62GF Score
China Sunshine Paper Holdings Co. Ltd HKSE:02002
Operating Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

China Sunshine Paper Holdings Co. 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.

China Sunshine Paper Holdings Co.'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 )
=462.731 / 8604.278
=5.38 %

China Sunshine Paper Holdings Co.'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 )
=187.688 / 4657.612
=4.03 %

* 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 4.03% mean?
China Sunshine Paper Holdings Co. (HKSE:02002) has a Operating Margin % of 4.03% as of Dec. 2025. Operating margin is the ratio of total operating income to net sales. View historical data on China Sunshine Paper Holdings Co. and its competitors. This is 62% below median its historical median of 10.57. Over the past decade, China Sunshine Paper Holdings Co.'s Operating Margin % has ranged from 5.37 to 14.19. According to the industry distribution chart, China Sunshine Paper Holdings Co. ranks #93 out of 282 companies in the Forest Products industry, placing it in the top 33%.
Is China Sunshine Paper Holdings Co.'s Operating Margin % too high?
China Sunshine Paper Holdings Co.'s current Operating Margin % of 4.03% is 62% below median its 10-year median of 10.57. Over the past 10 years, this metric has ranged from a low of 5.37 to a high of 14.19. The Forest Products industry median Operating Margin % is 2.54. China Sunshine Paper Holdings Co.'s value of 4.03% is 58.7% above this industry median. Based on the distribution chart, China Sunshine Paper Holdings Co. ranks #93 out of 282 companies in the Forest Products industry, which is above the industry midpoint. Overall, China Sunshine Paper Holdings Co. has a GF Score™ of 62/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does China Sunshine Paper Holdings Co.'s Operating Margin % compare to competitors?
According to the Forest Products industry distribution chart, China Sunshine Paper Holdings Co. ranks #93 out of 282 companies for Operating Margin %. This puts China Sunshine Paper Holdings Co. in the upper half of its industry. The industry median Operating Margin % is 2.54. China Sunshine Paper Holdings Co.'s value of 4.03% is 58.7% above this benchmark. Historically, China Sunshine Paper Holdings Co.'s own Operating Margin % has ranged from 5.37 to 14.19 over the past decade. While the company's 10-year median is 10.57 vs. the industry median of 2.54, China Sunshine Paper Holdings Co. has consistently been above 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 a Forest Products company?
The median Operating Margin % among Forest Products companies is 2.54, based on 282 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. China Sunshine Paper Holdings Co.'s current Operating Margin % of 4.03% is 58.7% above 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 China Sunshine Paper Holdings Co. and its competitors. For the Forest Products industry, the median Operating Margin % is 2.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China Sunshine Paper Holdings Co.'s current Operating Margin % is 4.03%, which is 62% below median its own 10-year median of 10.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Sunshine Paper Holdings Co. stock overvalued right now?
Based on GuruFocus' analysis, China Sunshine Paper Holdings Co. (HKSE:02002) is currently considered Possible Value Trap. The stock's GF Value™ is HK$1.81, compared to a current price of HK$0.90 — trading 50.3% below its estimated fair value. The current Operating Margin % is 4.03%, which is 62% below median its 10-year median of 10.57 and 58.7% above the Forest Products industry median of 2.54. China Sunshine Paper Holdings Co.'s overall GF Score™ is 62/100 with 6 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 China Sunshine Paper Holdings Co. (HKSE:02002), the current Operating Margin % is 4.03% 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 China Sunshine Paper Holdings Co. (HKSE:02002) Overvalued in 2026?

Based on GuruFocus' analysis, China Sunshine Paper Holdings Co. stock appears to be undervalued. The current stock price of HK$0.90 is trading 50.3% below its estimated GF Value™ of HK$1.81. GuruFocus considers China Sunshine Paper Holdings Co. to be Possible Value Trap.

Key valuation signals for HKSE:02002:

  • Operating Margin %: 4.03% (62% below median its 10-year median of 10.57)
  • GF Value™: HK$1.81 vs. price of HK$0.90 (50.3% below fair value)
  • GF Score™: 62/100 with 6 warning signs
  • Industry Position: 58.7% above the Forest Products median (#93 of 282)

No single metric tells the full story. See the HKSE:02002 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


China Sunshine Paper Holdings Co. Business Description

Address Changle Economic Development Zone, Shandong, Weifang, CHN, 262400
China Sunshine Paper Holdings Co. Ltd is principally engaged in the production & sale of paper products, electricity, & steam. The business activity of the firm is operated through White Top Linerboard, Coated white top liner board, Core Board, Specialised Paper Products, Corrugated Paper, and Electricity & Steam segments. Key revenue is generated from Specialised Paper Products. The company offers products under three categories: Paper, which includes an Uncoated white top test liner, coated white top liner, core board base paper, medium, & specialty paper; Preprint products; & Carton products. Geographically, the company operates in the PRC & Overseas, in which the PRC generates the majority of its revenue.
62GF Score

Get the complete analysis for HKSE:02002

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

HK$0.90
Price
HK$1.81
GF Value