Landrich Holding (HKSE:02132) Operating Margin %: 3.04% (As of Sep. 2025) — 33% Below Median


HKSE:02132 Landrich Holding Ltd HKSE:02132
68 GF Score
Price HK$0.14
GF Value HK$0.21
Valuation Significantly Undervalued
! 4 Warning Signs
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What is Landrich Holding Operating Margin %?

Landrich Holding HKSE:02132 +0.74% 68 Operating Margin % is 3.04% as of Sep. 2025, which is 33% below its 10-year median of 4.52. GuruFocus rates HKSE:02132 with a GF Score™ of 68/100 and a GF Value™ of HK$0.21 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 1,761 Construction companies, Landrich Holding ranks worse than 71.66% on this metric.

Operating Margin % is calculated as Operating Income divided by its Revenue. Landrich Holding's Operating Income for the six months ended in Sep. 2025 was HK$14 Mil. Landrich Holding's Revenue for the six months ended in Sep. 2025 was HK$454 Mil. Therefore, Landrich Holding's Operating Margin % for the quarter that ended in Sep. 2025 was 3.04%.

Warning Sign:

Landrich Holding Ltd operating margin has been in a 5-year decline. The average rate of decline per year is -39.2%.

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

HKSE:02132' s Operating Margin % Range Over the Past 10 Years
Min: 0.44   Med: 4.52   Max: 8.65
Current: 1.88


HKSE:02132's Operating Margin % is ranked worse than
71.66% of 1761 companies
in the Construction industry
Industry Median: 5.89 vs HKSE:02132: 1.88

Landrich Holding's 5-Year Average Operating Margin % Growth Rate was -39.20% per year.

Landrich Holding's Operating Income for the six months ended in Sep. 2025 was HK$14 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Sep. 2025 was HK$21 Mil.


Landrich Holding  (HKSE:02132) 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.


Landrich Holding Operating Margin % Related Terms


Landrich Holding Operating Margin % Historical Data

* Premium members only.

The historical data trend for Landrich 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.

Landrich Holding Operating Margin % Chart

Landrich Holding Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Operating Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.89 4.15 3.39 0.44 1.88

Landrich Holding Semi-Annual Data
Mar16 Mar17 Mar18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
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 1.55 -0.66 1.56 3.04 1.08

HKSE:02132 vs PWR, FIX, EME: Operating Margin % Comparison

For the Engineering & Construction subindustry, Landrich 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.


Landrich Holding Operating Margin % vs Construction Industry

For the Construction industry and Industrials sector, Landrich Holding's Operating Margin % distribution charts can be found below:

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


HKSE:02132
68GF Score
Landrich Holding Ltd HKSE:02132
Operating Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Landrich 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.

Landrich Holding's Operating Margin % for the fiscal year that ended in Mar. 2025 is calculated as

Operating Margin %=Operating Income (A: Mar. 2025 ) / Revenue (A: Mar. 2025 )
=5.689 / 1281.121
=0.44 %

Landrich Holding's Operating Margin % for the quarter that ended in Sep. 2025 is calculated as

Operating Margin %=Operating Income (Q: Sep. 2025 ) / Revenue (Q: Sep. 2025 )
=13.787 / 454.189
=3.04 %

* 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 3.04% mean?
Landrich Holding (HKSE:02132) has a Operating Margin % of 3.04% as of Sep. 2025. Operating margin is the ratio of total operating income to net sales. View historical data on Landrich Holding and its competitors. This is 33% below median its historical median of 4.52. Over the past decade, Landrich Holding's Operating Margin % has ranged from 0.44 to 8.65. According to the industry distribution chart, Landrich Holding ranks #1262 out of 1761 companies in the Construction industry, placing it in the top 71.7%.
Is Landrich Holding's Operating Margin % too high?
Landrich Holding's current Operating Margin % of 3.04% is 33% below median its 10-year median of 4.52. Over the past 10 years, this metric has ranged from a low of 0.44 to a high of 8.65. The Construction industry median Operating Margin % is 5.89. Landrich Holding's value of 3.04% is 48.4% below this industry median. Based on the distribution chart, Landrich Holding ranks #1262 out of 1761 companies in the Construction industry, which is below the industry midpoint. Overall, Landrich Holding has a GF Score™ of 68/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Landrich Holding's Operating Margin % compare to PWR and FIX?
According to the Construction industry distribution chart, Landrich Holding ranks #1262 out of 1761 companies for Operating Margin %. This places Landrich Holding in the lower half of its industry. The industry median Operating Margin % is 5.89. Landrich Holding's value of 3.04% is 48.4% below this benchmark. Historically, Landrich Holding's own Operating Margin % has ranged from 0.44 to 8.65 over the past decade. While the company's 10-year median is 4.52 vs. the industry median of 5.89, Landrich Holding 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 a Construction company?
The median Operating Margin % among Construction companies is 5.89, based on 1,761 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. Landrich Holding's current Operating Margin % of 3.04% is 48.4% 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 Landrich Holding and its competitors. For the Construction industry, the median Operating Margin % is 5.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Landrich Holding's current Operating Margin % is 3.04%, which is 33% below median its own 10-year median of 4.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Landrich Holding stock overvalued right now?
Based on GuruFocus' analysis, Landrich Holding (HKSE:02132) is currently considered Significantly Undervalued. The stock's GF Value™ is HK$0.21, compared to a current price of HK$0.14 — trading 34.8% below its estimated fair value. The current Operating Margin % is 3.04%, which is 33% below median its 10-year median of 4.52 and 48.4% below the Construction industry median of 5.89. Landrich Holding's overall GF Score™ is 68/100 with 4 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 Landrich Holding (HKSE:02132), the current Operating Margin % is 3.04% as of Sep. 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 Landrich Holding (HKSE:02132) Overvalued in 2026?

Based on GuruFocus' analysis, Landrich Holding stock appears to be undervalued. The current stock price of HK$0.14 is trading 34.8% below its estimated GF Value™ of HK$0.21. GuruFocus considers Landrich Holding to be Significantly Undervalued.

Key valuation signals for HKSE:02132:

  • Operating Margin %: 3.04% (33% below median its 10-year median of 4.52)
  • GF Value™: HK$0.21 vs. price of HK$0.14 (34.8% below fair value)
  • GF Score™: 68/100 with 4 warning signs
  • Industry Position: 48.4% below the Construction median (#1262 of 1761)

No single metric tells the full story. See the HKSE:02132 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Landrich Holding Business Description

Address 362 Sha Tsui Road, Unit 6, 18th Floor, Fortune Commercial Building, Tsuen Wan, New Territories, Hong Kong, HKG
Landrich Holding Ltd is a construction company. It undertakes civil engineering works as either a main contractor or a subcontractor. The civil engineering projects can be broadly classified as roads and drainage works and site formation works. Further the company is also involved in the building works.
68GF Score

Get the complete analysis for HKSE:02132

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

HK$0.14
Price
HK$0.21
GF Value