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Vanov Holdings CoHKSE:02260 -0.40%86 Operating Margin % is 23.11% as of Dec. 2025, which is 19% below its 10-year median of 28.69. GuruFocus rates HKSE:02260 with a GF Score™ of 86/100 and a GF Value™ of HK$1.61 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 281 Forest Products companies, Vanov Holdings Co ranks better than 93.59% on this metric.
Vanov Holdings Co Ltd operating margin has been in a 5-year decline. The average rate of decline per year is -8.9%.
The historical rank and industry rank for Vanov Holdings Co's Operating Margin % or its related term are showing as below:
HKSE:02260'
s Operating Margin % Range Over the Past 10 Years
Min: 18.48 Med: 28.69 Max: 31.59
Current: 18.51
HKSE:02260's Operating Margin % is ranked better than 93.59% of 281
companies
in the Forest Products industry
Industry Median: 2.69
vs HKSE:02260: 18.51
Vanov Holdings Co's 5-Year Average Operating Margin % Growth Rate was -8.90% per year.
Vanov Holdings Co (HKSE:02260) 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 Nokias 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.
Vanov Holdings Co Operating Margin % Related Terms
Vanov Holdings Co Operating Margin % Historical Data
* Premium members only.
The historical data trend for Vanov 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.
Vanov Holdings Co Operating Margin % Competitor Comparison
For the Paper & Paper Products subindustry, Vanov 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.
Vanov Holdings Co Operating Margin % vs Forest Products Industry
For the Forest Products industry and Basic Materials sector, Vanov Holdings Co's Operating Margin % distribution charts can be found below:
* The bar in red indicates where Vanov Holdings Co's Operating Margin % falls into.
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.
Vanov Holdings Co's Operating Margin % for the fiscal year that ended in Dec. 2025 is calculated as
* 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.
Vanov Holdings Co (HKSE:02260) has a Operating Margin % of 23.11% as of Dec. 2025. Operating margin is the ratio of total operating income to net sales. View historical data on Vanov Holdings Co and its competitors. This is 19% below median its historical median of 28.69. Over the past decade, Vanov Holdings Co's Operating Margin % has ranged from 18.48 to 31.59. According to the industry distribution chart, Vanov Holdings Co ranks #18 out of 281 companies in the Forest Products industry, placing it in the top 6.4%.
Is Vanov Holdings Co's Operating Margin % too high?
Vanov Holdings Co's current Operating Margin % of 23.11% is 19% below median its 10-year median of 28.69. Over the past 10 years, this metric has ranged from a low of 18.48 to a high of 31.59. The Forest Products industry median Operating Margin % is 2.69. Vanov Holdings Co's value of 23.11% is 759.1% above this industry median. Based on the distribution chart, Vanov Holdings Co ranks #18 out of 281 companies in the Forest Products industry, which is in the top quartile — a strong position relative to peers. Overall, Vanov Holdings Co has a GF Score™ of 86/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Vanov Holdings Co's Operating Margin % compare to competitors?
According to the Forest Products industry distribution chart, Vanov Holdings Co ranks #18 out of 281 companies for Operating Margin %. This places Vanov Holdings Co in the top 6% of its industry — outperforming the majority of peers. The industry median Operating Margin % is 2.69. Vanov Holdings Co's value of 23.11% is 759.1% above this benchmark. Historically, Vanov Holdings Co's own Operating Margin % has ranged from 18.48 to 31.59 over the past decade. While the company's 10-year median is 28.69 vs. the industry median of 2.69, Vanov 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 2.69, based on 281 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. Vanov Holdings Co's current Operating Margin % of 23.11% is 759.1% 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 Vanov Holdings Co and its competitors. For the Forest Products industry, the median Operating Margin % is 2.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vanov Holdings Co's current Operating Margin % is 23.11%, which is 19% below median its own 10-year median of 28.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vanov Holdings Co stock overvalued right now?
Based on GuruFocus' analysis, Vanov Holdings Co (HKSE:02260) is currently considered Modestly Undervalued. The stock's GF Value™ is HK$1.61, compared to a current price of HK$1.24 — trading 23.3% below its estimated fair value. The current Operating Margin % is 23.11%, which is 19% below median its 10-year median of 28.69 and 759.1% above the Forest Products industry median of 2.69. Vanov Holdings Co's overall GF Score™ is 86/100 with 7 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 Vanov Holdings Co (HKSE:02260), the current Operating Margin % is 23.11% 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 Vanov Holdings Co (HKSE:02260) Overvalued in 2026?
Based on GuruFocus' analysis, Vanov Holdings Co stock appears to be undervalued.
The current stock price of HK$1.24 is trading 23.3% below its estimated GF Value™ of HK$1.61.
GuruFocus considers Vanov Holdings Co to be Modestly Undervalued.
Key valuation signals for HKSE:02260:
Operating Margin %: 23.11% (19% below median its 10-year median of 28.69)
GF Value™: HK$1.61 vs. price of HK$1.24 (23.3% below fair value)
Industry Position: 759.1% above the Forest Products median (#18 of 281)
No single metric tells the full story. See the HKSE:02260 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
AddressNo. 519, Section 2, Xinhua Avenue, Chengdu Strait Science and Technology, Industry Development Park, Sichuan Province, Wenjiang District, Chengdu, CHN
Vanov Holdings Co Ltd is an investment holding company and its subsidiaries are principally engaged in the design, manufacture, and sales of papermaking felts. The company has a collection of products which include Packaging papermaking felts, Specialty papermaking felts, Printing papermaking felts, Printing papermaking felts, and Pulp papermaking felts. The company generates the majority of revenue from The PRC region.
86GF Score
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Operating Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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