Haichang Ocean Park Holdings (HKSE:02255) Operating Margin %: -36.35% (As of Dec. 2025)


HKSE:02255 Haichang Ocean Park Holdings Ltd HKSE:02255
38 GF Score
Price HK$0.34
GF Value HK$0.65
Valuation Possible Value Trap
! 6 Warning Signs
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What is Haichang Ocean Park Holdings Operating Margin %?

Haichang Ocean Park Holdings HKSE:02255 -2.90% 38 Operating Margin % is -36.35% as of Dec. 2025. GuruFocus rates HKSE:02255 with a GF Score™ of 38/100 and a GF Value™ of HK$0.65 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 844 Travel & Leisure companies, Haichang Ocean Park Holdings ranks worse than 91% on this metric.

Operating Margin % is calculated as Operating Income divided by its Revenue. Haichang Ocean Park Holdings's Operating Income for the six months ended in Dec. 2025 was HK$-347 Mil. Haichang Ocean Park Holdings's Revenue for the six months ended in Dec. 2025 was HK$953 Mil. Therefore, Haichang Ocean Park Holdings's Operating Margin % for the quarter that ended in Dec. 2025 was -36.35%.

Good Sign:

Haichang Ocean Park Holdings Ltd operating margin is expanding. Margin expansion is usually a good sign.

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

HKSE:02255' s Operating Margin % Range Over the Past 10 Years
Min: -115.52   Med: -12.91   Max: 32.53
Current: -30.1


HKSE:02255's Operating Margin % is ranked worse than
91% of 844 companies
in the Travel & Leisure industry
Industry Median: 8.135 vs HKSE:02255: -30.10

Haichang Ocean Park Holdings's 5-Year Average Operating Margin % Growth Rate was 17.00% per year.

Haichang Ocean Park Holdings's Operating Income for the six months ended in Dec. 2025 was HK$-347 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2025 was HK$-513 Mil.

Warning Sign:

Haichang Ocean Park Holdings Ltd has never been profitable in the past 3 years. It lost money every year.


Haichang Ocean Park Holdings  (HKSE:02255) 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.


Haichang Ocean Park Holdings Operating Margin % Related Terms


Haichang Ocean Park Holdings Operating Margin % Historical Data

* Premium members only.

The historical data trend for Haichang Ocean Park 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.

Haichang Ocean Park Holdings Operating Margin % Chart

Haichang Ocean Park 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 -20.71 -115.52 -5.10 -23.81 -30.07

Haichang Ocean Park 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 -7.88 0.15 -42.62 -22.16 -36.35

HKSE:02255 vs AS, HAS, LTH: Operating Margin % Comparison

For the Leisure subindustry, Haichang Ocean Park 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.


Haichang Ocean Park Holdings Operating Margin % vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Haichang Ocean Park Holdings's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Haichang Ocean Park Holdings's Operating Margin % falls into.


HKSE:02255
38GF Score
Haichang Ocean Park Holdings Ltd HKSE:02255
Operating Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Haichang Ocean Park 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.

Haichang Ocean Park 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 )
=-514.536 / 1711.397
=-30.07 %

Haichang Ocean Park 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 )
=-346.531 / 953.221
=-36.35 %

* 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 -36.35% mean?
Haichang Ocean Park Holdings (HKSE:02255) has a Operating Margin % of -36.35% as of Dec. 2025. Operating margin is the ratio of total operating income to net sales. View historical data on Haichang Ocean Park Holdings and its competitors. According to the industry distribution chart, Haichang Ocean Park Holdings ranks #768 out of 844 companies in the Travel & Leisure industry, placing it in the top 91%.
Is Haichang Ocean Park Holdings' Operating Margin % too high?
Haichang Ocean Park Holdings' current Operating Margin % is -36.35%. Based on the distribution chart, Haichang Ocean Park Holdings ranks #768 out of 844 companies in the Travel & Leisure industry, which is in the bottom quartile relative to peers. Overall, Haichang Ocean Park Holdings has a GF Score™ of 38/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Haichang Ocean Park Holdings' Operating Margin % compare to AS and HAS?
According to the Travel & Leisure industry distribution chart, Haichang Ocean Park Holdings ranks #768 out of 844 companies for Operating Margin %. This places Haichang Ocean Park Holdings in the lower half of its industry. The industry median Operating Margin % is 8.14. 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 Travel & Leisure company?
The median Operating Margin % among Travel & Leisure companies is 8.14, based on 844 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 Haichang Ocean Park Holdings and its competitors. For the Travel & Leisure industry, the median Operating Margin % is 8.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Haichang Ocean Park Holdings's current Operating Margin % is -36.35%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Haichang Ocean Park Holdings stock overvalued right now?
Based on GuruFocus' analysis, Haichang Ocean Park Holdings (HKSE:02255) is currently considered Possible Value Trap. The stock's GF Value™ is HK$0.65, compared to a current price of HK$0.34 — trading 48.5% below its estimated fair value. The current Operating Margin % is -36.35%. Haichang Ocean Park Holdings' overall GF Score™ is 38/100 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 Haichang Ocean Park Holdings (HKSE:02255), the current Operating Margin % is -36.35% 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 Haichang Ocean Park Holdings (HKSE:02255) Overvalued in 2026?

Based on GuruFocus' analysis, Haichang Ocean Park Holdings stock appears to be undervalued. The current stock price of HK$0.34 is trading 48.5% below its estimated GF Value™ of HK$0.65. GuruFocus considers Haichang Ocean Park Holdings to be Possible Value Trap.

Key valuation signals for HKSE:02255:

  • Operating Margin %: -36.35%
  • GF Value™: HK$0.65 vs. price of HK$0.34 (48.5% below fair value)
  • GF Score™: 38/100 with 6 warning signs

No single metric tells the full story. See the HKSE:02255 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Haichang Ocean Park Holdings Business Description

Address Lane 255, Dongyu Road, No. 4, 30th - 32nd Floor, Qiantan World Trade Center, Sanlin Town, Pudong New Area, Shanghai, CHN, 200123
Haichang Ocean Park Holdings Ltd is a leisure company focused on theme parks. The company operates several theme parks in China with ocean, adventure, and water themes. In addition to theme parks, Haichang owns ancillary commercial properties adjacent to its theme parks that offer complementary services. The company's theme parks and surrounding properties provide rides, sightseeing, entertainment, dining, and shopping experiences. Ocean-themed parks, the style in which Haichang themes its parks, focus on marine animal breeding and conservation. Its reportable operating segments include Park Operations, which generates maximum revenue, Operation as a service, and Property Development. Nearly all of its revenue comes from Mainland China.
38GF Score

Get the complete analysis for HKSE:02255

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

HK$0.34
Price
HK$0.65
GF Value