Zhongyu Energy Holdings (HKSE:03633) Operating Margin %: 8.17% (As of Dec. 2025) — 41% Below Median


HKSE:03633 Zhongyu Energy Holdings Ltd HKSE:03633
71 GF Score
Price HK$2.76
GF Value HK$4.26
Valuation Possible Value Trap
! 8 Warning Signs
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What is Zhongyu Energy Holdings Operating Margin %?

Zhongyu Energy Holdings HKSE:03633 +2.22% 71 Operating Margin % is 8.17% as of Dec. 2025, which is 41% below its 10-year median of 13.85. GuruFocus rates HKSE:03633 with a GF Score™ of 71/100 and a GF Value™ of HK$4.26 (Possible Value Trap). The stock has 8 warning signs investors should review. Among 499 Utilities - Regulated companies, Zhongyu Energy Holdings ranks worse than 73.75% on this metric.

Operating Margin % is calculated as Operating Income divided by its Revenue. Zhongyu Energy Holdings's Operating Income for the six months ended in Dec. 2025 was HK$479 Mil. Zhongyu Energy Holdings's Revenue for the six months ended in Dec. 2025 was HK$5,869 Mil. Therefore, Zhongyu Energy Holdings's Operating Margin % for the quarter that ended in Dec. 2025 was 8.17%.

Warning Sign:

Zhongyu Energy Holdings Ltd operating margin has been in a 5-year decline. The average rate of decline per year is -14.9%.

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

HKSE:03633' s Operating Margin % Range Over the Past 10 Years
Min: 6.96   Med: 13.85   Max: 21.6
Current: 6.96


HKSE:03633's Operating Margin % is ranked worse than
73.75% of 499 companies
in the Utilities - Regulated industry
Industry Median: 14.97 vs HKSE:03633: 6.96

Zhongyu Energy Holdings's 5-Year Average Operating Margin % Growth Rate was -14.90% per year.

Zhongyu Energy Holdings's Operating Income for the six months ended in Dec. 2025 was HK$479 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2025 was HK$866 Mil.


Zhongyu Energy Holdings  (HKSE:03633) 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.


Zhongyu Energy Holdings Operating Margin % Related Terms


Zhongyu Energy Holdings Operating Margin % Historical Data

* Premium members only.

The historical data trend for Zhongyu Energy 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.

Zhongyu Energy Holdings Operating Margin % Chart

Zhongyu Energy 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 12.52 9.60 8.69 7.54 6.96

Zhongyu Energy 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 5.55 8.49 6.42 5.89 8.17

HKSE:03633 vs ATO, NI: Operating Margin % Comparison

For the Utilities - Regulated Gas subindustry, Zhongyu Energy 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.


Zhongyu Energy Holdings Operating Margin % vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Zhongyu Energy Holdings's Operating Margin % distribution charts can be found below:

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


HKSE:03633
71GF Score
Zhongyu Energy Holdings Ltd HKSE:03633
Operating Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Zhongyu Energy 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.

Zhongyu Energy 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 )
=866.39 / 12444.246
=6.96 %

Zhongyu Energy 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 )
=479.266 / 5868.737
=8.17 %

* 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 8.17% mean?
Zhongyu Energy Holdings (HKSE:03633) has a Operating Margin % of 8.17% as of Dec. 2025. Operating margin is the ratio of total operating income to net sales. View historical data on Zhongyu Energy Holdings and its competitors. This is 41% below median its historical median of 13.85. Over the past decade, Zhongyu Energy Holdings' Operating Margin % has ranged from 6.96 to 21.60. According to the industry distribution chart, Zhongyu Energy Holdings ranks #368 out of 499 companies in the Utilities - Regulated industry, placing it in the top 73.7%.
Is Zhongyu Energy Holdings' Operating Margin % too high?
Zhongyu Energy Holdings' current Operating Margin % of 8.17% is 41% below median its 10-year median of 13.85. Over the past 10 years, this metric has ranged from a low of 6.96 to a high of 21.60. The Utilities - Regulated industry median Operating Margin % is 14.97. Zhongyu Energy Holdings' value of 8.17% is 45.4% below this industry median. Based on the distribution chart, Zhongyu Energy Holdings ranks #368 out of 499 companies in the Utilities - Regulated industry, which is below the industry midpoint. Overall, Zhongyu Energy Holdings has a GF Score™ of 71/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Zhongyu Energy Holdings' Operating Margin % compare to ATO and NI?
According to the Utilities - Regulated industry distribution chart, Zhongyu Energy Holdings ranks #368 out of 499 companies for Operating Margin %. This places Zhongyu Energy Holdings in the lower half of its industry. The industry median Operating Margin % is 14.97. Zhongyu Energy Holdings' value of 8.17% is 45.4% below this benchmark. Historically, Zhongyu Energy Holdings' own Operating Margin % has ranged from 6.96 to 21.60 over the past decade. While the company's 10-year median is 13.85 vs. the industry median of 14.97, Zhongyu Energy Holdings has consistently been below 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 Utilities - Regulated company?
The median Operating Margin % among Utilities - Regulated companies is 14.97, based on 499 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. Zhongyu Energy Holdings's current Operating Margin % of 8.17% is 45.4% below 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 Zhongyu Energy Holdings and its competitors. For the Utilities - Regulated industry, the median Operating Margin % is 14.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zhongyu Energy Holdings's current Operating Margin % is 8.17%, which is 41% below median its own 10-year median of 13.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhongyu Energy Holdings stock overvalued right now?
Based on GuruFocus' analysis, Zhongyu Energy Holdings (HKSE:03633) is currently considered Possible Value Trap. The stock's GF Value™ is HK$4.26, compared to a current price of HK$2.76 — trading 35.2% below its estimated fair value. The current Operating Margin % is 8.17%, which is 41% below median its 10-year median of 13.85 and 45.4% below the Utilities - Regulated industry median of 14.97. Zhongyu Energy Holdings' overall GF Score™ is 71/100 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 Zhongyu Energy Holdings (HKSE:03633), the current Operating Margin % is 8.17% 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 Zhongyu Energy Holdings (HKSE:03633) Overvalued in 2026?

Based on GuruFocus' analysis, Zhongyu Energy Holdings stock appears to be undervalued. The current stock price of HK$2.76 is trading 35.2% below its estimated GF Value™ of HK$4.26. GuruFocus considers Zhongyu Energy Holdings to be Possible Value Trap.

Key valuation signals for HKSE:03633:

  • Operating Margin %: 8.17% (41% below median its 10-year median of 13.85)
  • GF Value™: HK$4.26 vs. price of HK$2.76 (35.2% below fair value)
  • GF Score™: 71/100 with 8 warning signs
  • Industry Position: 45.4% below the Utilities - Regulated median (#368 of 499)

No single metric tells the full story. See the HKSE:03633 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Zhongyu Energy Holdings Business Description

Address 168-200 Connaught Road Central, Room 02-06, 24th Floor, China Merchants Building, Shun Tak Centre, Hong Kong, HKG
Zhongyu Energy Holdings Ltd is an investment holding company that is mainly engaged in the sales of piped gas. Its business segments include sales of gas, gas pipeline construction, value-added services (including sales of stoves and provision of other related services); operation of CNG/LNG vehicle filling stations; and smart energy. The majority of revenue is derived from the sale of gas segment. Geographically, the company generates key revenue from PRC.
71GF Score

Get the complete analysis for HKSE:03633

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

HK$2.76
Price
HK$4.26
GF Value