Shenzhen Han's CNC Technology Co (HKSE:03200) Operating Margin %: 21.74% (As of Mar. 2026) — 18% Above Median


HKSE:03200 Shenzhen Han's CNC Technology Co Ltd HKSE:03200
60 GF Score
Price HK$160.00
GF Value HK$63.34
Valuation Significantly Overvalued
! 8 Warning Signs
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What is Shenzhen Han's CNC Technology Co Operating Margin %?

Shenzhen Han's CNC Technology Co HKSE:03200 -2.02% 60 Operating Margin % is 21.74% as of Mar. 2026, which is 18% above its 10-year median of 18.41. GuruFocus rates HKSE:03200 with a GF Score™ of 60/100 and a GF Value™ of HK$63.34 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 3,032 Industrial Products companies, Shenzhen Han's CNC Technology Co ranks better than 91.19% on this metric.

Operating Margin % is calculated as Operating Income divided by its Revenue. Shenzhen Han's CNC Technology Co's Operating Income for the three months ended in Mar. 2026 was HK$483 Mil. Shenzhen Han's CNC Technology Co's Revenue for the three months ended in Mar. 2026 was HK$2,220 Mil. Therefore, Shenzhen Han's CNC Technology Co's Operating Margin % for the quarter that ended in Mar. 2026 was 21.74%.

Warning Sign:

Shenzhen Han's CNC Technology Co Ltd operating margin has been in a 5-year decline. The average rate of decline per year is -5.5%.

The historical rank and industry rank for Shenzhen Han's CNC Technology Co's Operating Margin % or its related term are showing as below:

HKSE:03200' s Operating Margin % Range Over the Past 10 Years
Min: 9.72   Med: 18.41   Max: 20.65
Current: 19.78


HKSE:03200's Operating Margin % is ranked better than
91.19% of 3032 companies
in the Industrial Products industry
Industry Median: 6.535 vs HKSE:03200: 19.78

Shenzhen Han's CNC Technology Co's 5-Year Average Operating Margin % Growth Rate was -5.50% per year.

Shenzhen Han's CNC Technology Co's Operating Income for the three months ended in Mar. 2026 was HK$483 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was HK$1,486 Mil.


Shenzhen Han's CNC Technology Co  (HKSE:03200) 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.


Shenzhen Han's CNC Technology Co Operating Margin % Related Terms


Shenzhen Han's CNC Technology Co Operating Margin % Historical Data

* Premium members only.

The historical data trend for Shenzhen Han's CNC Technology 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.

Shenzhen Han's CNC Technology Co Operating Margin % Chart

Shenzhen Han's CNC Technology Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Operating Margin %
Get a 7-Day Free Trial 20.65 20.50 9.72 11.37 18.59

Shenzhen Han's CNC Technology Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 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 Premium Member Only Premium Member Only 16.65 15.67 18.88 21.58 21.74

HKSE:03200 vs GEV, ETN, PH: Operating Margin % Comparison

For the Specialty Industrial Machinery subindustry, Shenzhen Han's CNC Technology 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.


Shenzhen Han's CNC Technology Co Operating Margin % vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Shenzhen Han's CNC Technology Co's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Shenzhen Han's CNC Technology Co's Operating Margin % falls into.


HKSE:03200
60GF Score
Shenzhen Han's CNC Technology Co Ltd HKSE:03200
Operating Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Shenzhen Han's CNC Technology Co 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.

Shenzhen Han's CNC Technology Co'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 )
=1185.782 / 6377.506
=18.59 %

Shenzhen Han's CNC Technology Co's Operating Margin % for the quarter that ended in Mar. 2026 is calculated as

Operating Margin %=Operating Income (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=482.681 / 2220.309
=21.74 %

* 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 21.74% mean?
Shenzhen Han's CNC Technology Co (HKSE:03200) has a Operating Margin % of 21.74% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on Shenzhen Han's CNC Technology Co and its competitors. This is 18% above median its historical median of 18.41. Over the past decade, Shenzhen Han's CNC Technology Co's Operating Margin % has ranged from 9.72 to 20.65. According to the industry distribution chart, Shenzhen Han's CNC Technology Co ranks #267 out of 3032 companies in the Industrial Products industry, placing it in the top 8.8%.
Is Shenzhen Han's CNC Technology Co's Operating Margin % too high?
Shenzhen Han's CNC Technology Co's current Operating Margin % of 21.74% is 18% above median its 10-year median of 18.41. Over the past 10 years, this metric has ranged from a low of 9.72 to a high of 20.65. The Industrial Products industry median Operating Margin % is 6.54. Shenzhen Han's CNC Technology Co's value of 21.74% is 232.7% above this industry median. Based on the distribution chart, Shenzhen Han's CNC Technology Co ranks #267 out of 3032 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Shenzhen Han's CNC Technology Co has a GF Score™ of 60/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Shenzhen Han's CNC Technology Co's Operating Margin % compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Shenzhen Han's CNC Technology Co ranks #267 out of 3032 companies for Operating Margin %. This places Shenzhen Han's CNC Technology Co in the top 9% of its industry — outperforming the majority of peers. The industry median Operating Margin % is 6.54. Shenzhen Han's CNC Technology Co's value of 21.74% is 232.7% above this benchmark. Historically, Shenzhen Han's CNC Technology Co's own Operating Margin % has ranged from 9.72 to 20.65 over the past decade. While the company's 10-year median is 18.41 vs. the industry median of 6.54, Shenzhen Han's CNC Technology 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 an Industrial Products company?
The median Operating Margin % among Industrial Products companies is 6.54, based on 3,032 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. Shenzhen Han's CNC Technology Co's current Operating Margin % of 21.74% is 232.7% 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 Shenzhen Han's CNC Technology Co and its competitors. For the Industrial Products industry, the median Operating Margin % is 6.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shenzhen Han's CNC Technology Co's current Operating Margin % is 21.74%, which is 18% above median its own 10-year median of 18.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shenzhen Han's CNC Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Shenzhen Han's CNC Technology Co (HKSE:03200) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$63.34, compared to a current price of HK$160.00 — trading 152.6% above its estimated fair value. The current Operating Margin % is 21.74%, which is 18% above median its 10-year median of 18.41 and 232.7% above the Industrial Products industry median of 6.54. Shenzhen Han's CNC Technology Co's overall GF Score™ is 60/100 with 8 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 Shenzhen Han's CNC Technology Co (HKSE:03200), the current Operating Margin % is 21.74% as of Mar. 2026. 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 Shenzhen Han's CNC Technology Co (HKSE:03200) Overvalued in 2026?

Based on GuruFocus' analysis, Shenzhen Han's CNC Technology Co stock appears to be overvalued. The current stock price of HK$160.00 is trading 152.6% above its estimated GF Value™ of HK$63.34. GuruFocus considers Shenzhen Han's CNC Technology Co to be Significantly Overvalued.

Key valuation signals for HKSE:03200:

  • Operating Margin %: 21.74% (18% above median its 10-year median of 18.41)
  • GF Value™: HK$63.34 vs. price of HK$160.00 (152.6% above fair value)
  • GF Score™: 60/100 with 8 warning signs
  • Industry Position: 232.7% above the Industrial Products median (#267 of 3032)

No single metric tells the full story. See the HKSE:03200 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shenzhen Han's CNC Technology Co Business Description

Other Exchanges 301200:China
Address 12 Chongqing Road, Fuhai Street, No. 101 of Building 3, 1-2 Floor, 4 Floor and 7 Floor, Building 3, and 1 Floor and 4 Floor of Building 4, Han’s Laser Intelligence Manufacturing Center, Shenzhen, CHN, 518103
Shenzhen Han's CNC Technology Co Ltd is engaged in the research and development, production and sales of PCB special equipment.
60GF Score

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

HK$160.00
Price
HK$63.34
GF Value