NVC International Holdings (HKSE:02222) Operating Margin %: -0.23% (As of Dec. 2025)

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HKSE:02222 NVC International Holdings Ltd HKSE:02222
43 GF Score
Price HK$0.62
GF Value HK$0.67
Valuation Fairly Valued
! 3 Warning Signs
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What is NVC International Holdings Operating Margin %?

NVC International Holdings HKSE:02222 +2.48% 43 Operating Margin % is -0.23% as of Dec. 2025. GuruFocus rates HKSE:02222 with a GF Score™ of 43/100 and a GF Value™ of HK$0.67 (Fairly Valued). The stock has 3 warning signs investors should review. Among 430 Furnishings, Fixtures & Appliances companies, NVC International Holdings ranks worse than 55.12% on this metric.

Operating Margin % is calculated as Operating Income divided by its Revenue. NVC International Holdings's Operating Income for the six months ended in Dec. 2025 was HK$-2 Mil. NVC International Holdings's Revenue for the six months ended in Dec. 2025 was HK$901 Mil. Therefore, NVC International Holdings's Operating Margin % for the quarter that ended in Dec. 2025 was -0.23%.

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

HKSE:02222' s Operating Margin % Range Over the Past 10 Years
Min: -5.37   Med: 2.13   Max: 10.99
Current: 2.84


HKSE:02222's Operating Margin % is ranked worse than
55.12% of 430 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 4.025 vs HKSE:02222: 2.84

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

NVC International Holdings's Operating Income for the six months ended in Dec. 2025 was HK$-2 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2025 was HK$49 Mil.


NVC International Holdings  (HKSE:02222) 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.


NVC International Holdings Operating Margin % Related Terms


NVC International Holdings Operating Margin % Historical Data

* Premium members only.

The historical data trend for NVC International 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.

NVC International Holdings Operating Margin % Chart

NVC International 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 3.34 -5.04 -3.52 1.42 2.83

NVC International 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 3.63 -0.79 6.13 -0.23

HKSE:02222 vs SN, SGI, MHK: Operating Margin % Comparison

For the Furnishings, Fixtures & Appliances subindustry, NVC International 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.


NVC International Holdings Operating Margin % vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, NVC International Holdings's Operating Margin % distribution charts can be found below:

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


HKSE:02222
43GF Score
NVC International Holdings Ltd HKSE:02222
Operating Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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NVC International 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.

NVC International 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 )
=49.019 / 1734.325
=2.83 %

NVC International 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 )
=-2.116 / 900.519
=-0.23 %

* 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 -0.23% mean?
NVC International Holdings (HKSE:02222) has a Operating Margin % of -0.23% as of Dec. 2025. Operating margin is the ratio of total operating income to net sales. View historical data on NVC International Holdings and its competitors. According to the industry distribution chart, NVC International Holdings ranks #237 out of 430 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 55.1%.
Is NVC International Holdings' Operating Margin % too high?
NVC International Holdings' current Operating Margin % is -0.23%. Based on the distribution chart, NVC International Holdings ranks #237 out of 430 companies in the Furnishings, Fixtures & Appliances industry, which is below the industry midpoint. Overall, NVC International Holdings has a GF Score™ of 43/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does NVC International Holdings' Operating Margin % compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, NVC International Holdings ranks #237 out of 430 companies for Operating Margin %. This places NVC International Holdings in the lower half of its industry. The industry median Operating Margin % is 4.03. 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 Furnishings, Fixtures & Appliances company?
The median Operating Margin % among Furnishings, Fixtures & Appliances companies is 4.03, based on 430 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 NVC International Holdings and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Operating Margin % is 4.03 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NVC International Holdings's current Operating Margin % is -0.23%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NVC International Holdings stock overvalued right now?
Based on GuruFocus' analysis, NVC International Holdings (HKSE:02222) is currently considered Fairly Valued. The stock's GF Value™ is HK$0.67, compared to a current price of HK$0.62 — trading 7.5% below its estimated fair value. The current Operating Margin % is -0.23%. NVC International Holdings' overall GF Score™ is 43/100 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 NVC International Holdings (HKSE:02222), the current Operating Margin % is -0.23% 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 NVC International Holdings (HKSE:02222) Overvalued in 2026?

Based on GuruFocus' analysis, NVC International Holdings stock appears to be undervalued. The current stock price of HK$0.62 is trading 7.5% below its estimated GF Value™ of HK$0.67. GuruFocus considers NVC International Holdings to be Fairly Valued.

Key valuation signals for HKSE:02222:

  • Operating Margin %: -0.23%
  • GF Value™: HK$0.67 vs. price of HK$0.62 (7.5% below fair value)
  • GF Score™: 43/100 with 3 warning signs

No single metric tells the full story. See the HKSE:02222 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


NVC International Holdings Business Description

Address Phase 3, Hong Kong Science Park, Unit 705, 7th Floor, Building 20E, Pak Shek Kok, Hong Kong, HKG
NVC International Holdings Ltd is engaged in the lighting industry. Its segment includes International NVC brand: sales of NVC branded lighting products outside the PRC, Domestic non-NVC brand: domestic sales of non-NVC branded lighting products in the PRC and International non-NVC brand: sales of non-NVC branded lighting products outside the PRC. Its brands are NVC Lighting, ETI Solid State Lighting INC, Dernier & Hamlyn, DH Lifelabs, and NVC Electric. The majority of the revenue of the company is generated from the United States.
43GF Score

Get the complete analysis for HKSE:02222

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

HK$0.62
Price
HK$0.67
GF Value