QingSong Health (HKSE:02661) Operating Margin %: 5.30% (As of Dec. 2025) — 70% Below Median


HKSE:02661 QingSong Health Corp HKSE:02661
18 GF Score
Price HK$8.38
! 2 Warning Signs
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What is QingSong Health Operating Margin %?

QingSong Health HKSE:02661 -7.40% 18 Operating Margin % is 5.30% as of Dec. 2025, which is 70% below its 10-year median of 17.74. GuruFocus rates HKSE:02661 with a GF Score™ of 18/100. The stock has 2 warning signs investors should review. Among 664 Healthcare Providers & Services companies, QingSong Health ranks better than 55.27% on this metric.

Operating Margin % is calculated as Operating Income divided by its Revenue. QingSong Health's Operating Income for the six months ended in Dec. 2025 was HK$35 Mil. QingSong Health's Revenue for the six months ended in Dec. 2025 was HK$663 Mil. Therefore, QingSong Health's Operating Margin % for the quarter that ended in Dec. 2025 was 5.30%.

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

HKSE:02661' s Operating Margin % Range Over the Past 10 Years
Min: 5.87   Med: 17.74   Max: 37.28
Current: 5.87


HKSE:02661's Operating Margin % is ranked better than
55.27% of 664 companies
in the Healthcare Providers & Services industry
Industry Median: 4.845 vs HKSE:02661: 5.87

QingSong Health's 5-Year Average Operating Margin % Growth Rate was 0.00% per year.

QingSong Health's Operating Income for the six months ended in Dec. 2025 was HK$35 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2025 was HK$81 Mil.


QingSong Health  (HKSE:02661) 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.


QingSong Health Operating Margin % Related Terms


QingSong Health Operating Margin % Historical Data

* Premium members only.

The historical data trend for QingSong Health'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.

QingSong Health Operating Margin % Chart

QingSong Health Annual Data
Trend Dec22 Dec23 Dec24 Dec25
Operating Margin %
37.28 29.18 6.30 5.87

QingSong Health Semi-Annual Data
Dec22 Dec23 Jun24 Dec24 Jun25 Dec25
Operating Margin % Get a 7-Day Free Trial 0.00 10.45 3.80 6.40 5.30

HKSE:02661 vs VEEV, BTSG, TEM: Operating Margin % Comparison

For the Health Information Services subindustry, QingSong Health'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.


QingSong Health Operating Margin % vs Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, QingSong Health's Operating Margin % distribution charts can be found below:

* The bar in red indicates where QingSong Health's Operating Margin % falls into.


HKSE:02661
18GF Score
QingSong Health Corp HKSE:02661
Operating Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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QingSong Health 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.

QingSong Health'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 )
=81.492 / 1387.41
=5.87 %

QingSong Health'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 )
=35.114 / 662.612
=5.30 %

* 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 5.30% mean?
QingSong Health (HKSE:02661) has a Operating Margin % of 5.30% as of Dec. 2025. Operating margin is the ratio of total operating income to net sales. View historical data on QingSong Health and its competitors. This is 70% below median its historical median of 17.74. Over the past decade, QingSong Health's Operating Margin % has ranged from 5.87 to 37.28. According to the industry distribution chart, QingSong Health ranks #297 out of 664 companies in the Healthcare Providers & Services industry, placing it in the top 44.7%.
Is QingSong Health's Operating Margin % too high?
QingSong Health's current Operating Margin % of 5.30% is 70% below median its 10-year median of 17.74. Over the past 10 years, this metric has ranged from a low of 5.87 to a high of 37.28. The Healthcare Providers & Services industry median Operating Margin % is 4.85. QingSong Health's value of 5.30% is 9.4% above this industry median. Based on the distribution chart, QingSong Health ranks #297 out of 664 companies in the Healthcare Providers & Services industry, which is above the industry midpoint. Overall, QingSong Health has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does QingSong Health's Operating Margin % compare to VEEV and BTSG?
According to the Healthcare Providers & Services industry distribution chart, QingSong Health ranks #297 out of 664 companies for Operating Margin %. This puts QingSong Health in the upper half of its industry. The industry median Operating Margin % is 4.85. QingSong Health's value of 5.30% is 9.4% above this benchmark. Historically, QingSong Health's own Operating Margin % has ranged from 5.87 to 37.28 over the past decade. While the company's 10-year median is 17.74 vs. the industry median of 4.85, QingSong Health 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 Healthcare Providers & Services company?
The median Operating Margin % among Healthcare Providers & Services companies is 4.85, based on 664 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. QingSong Health's current Operating Margin % of 5.30% is 9.4% 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 QingSong Health and its competitors. For the Healthcare Providers & Services industry, the median Operating Margin % is 4.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. QingSong Health's current Operating Margin % is 5.30%, which is 70% below median its own 10-year median of 17.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is QingSong Health stock overvalued right now?
QingSong Health (HKSE:02661) has a current Operating Margin % of 5.30%. The current Operating Margin % is 5.30%, which is 70% below median its 10-year median of 17.74 and 9.4% above the Healthcare Providers & Services industry median of 4.85. QingSong Health's overall GF Score™ is 18/100 with 2 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 QingSong Health (HKSE:02661), the current Operating Margin % is 5.30% 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.

QingSong Health Business Description

Address No. 28 Andingmen East Street, 7th floor, Building F, Yonghe Mansion, Dongcheng District, Beijing, CHN
QingSong Health Corp is a technology-driven one-stop platform in China, focusing on providing comprehensive health services and health insurance solutions. It offers healthcare-related services, including early disease screening promotion and consultancy, health examinations and consultations, medical appointment services, and the sale of health supplements. It prominently offers health insurance products providing coverage for illness and medical expenses, typically for one year or less. The company also offers critical illness insurance, which provides a lump-sum payment if the policyholder is diagnosed with specified serious illnesses. It derives revenue from the provision of Healthcare-related Services. Geographically, it operates only in China.
18GF Score

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