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HKSE:03928'
s Operating Margin % Range Over the Past 10 Years
Min: -24.91 Med: -2.01 Max: 9.59
Current: -16.27
HKSE:03928's Operating Margin % is ranked worse than 90.97% of 1772
companies
in the Construction industry
Industry Median: 5.905
vs HKSE:03928: -16.27
China Next-Gen Commerce and Supply Chain (HKSE:03928) 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.
China Next-Gen Commerce and Supply Chain Operating Margin % Related Terms
China Next-Gen Commerce and Supply Chain Operating Margin % Historical Data
* 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.
China Next-Gen Commerce and Supply Chain Operating Margin % Chart
China Next-Gen Commerce and Supply Chain Annual Data
HKSE:03928 vs PWR, FIX, EME: Operating Margin % Comparison
For the Engineering & Construction subindustry, China Next-Gen Commerce and Supply Chain'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.
China Next-Gen Commerce and Supply Chain Operating Margin % vs Construction Industry
China Next-Gen Commerce and Supply Chain 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.
* 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.
China Next-Gen Commerce and Supply Chain (HKSE:03928) has a Operating Margin % of -34.03% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on China Next-Gen Commerce and Supply Chain and its competitors. According to the industry distribution chart, China Next-Gen Commerce and Supply Chain ranks #1612 out of 1772 companies in the Construction industry, placing it in the top 91%.
Is China Next-Gen Commerce and Supply Chain's Operating Margin % too high?
China Next-Gen Commerce and Supply Chain's current Operating Margin % is -34.03%. Based on the distribution chart, China Next-Gen Commerce and Supply Chain ranks #1612 out of 1772 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, China Next-Gen Commerce and Supply Chain has a GF Score™ of 52/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does China Next-Gen Commerce and Supply Chain's Operating Margin % compare to PWR and FIX?
According to the Construction industry distribution chart, China Next-Gen Commerce and Supply Chain ranks #1612 out of 1772 companies for Operating Margin %. This places China Next-Gen Commerce and Supply Chain in the lower half of its industry. The industry median Operating Margin % is 5.91. 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 Construction company?
The median Operating Margin % among Construction companies is 5.91, based on 1,772 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 China Next-Gen Commerce and Supply Chain and its competitors. For the Construction industry, the median Operating Margin % is 5.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China Next-Gen Commerce and Supply Chain's current Operating Margin % is -34.03%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Next-Gen Commerce and Supply Chain stock overvalued right now?
Based on GuruFocus' analysis, China Next-Gen Commerce and Supply Chain (HKSE:03928) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$1.74, compared to a current price of HK$26.30 — trading 1411.5% above its estimated fair value. The current Operating Margin % is -34.03%. China Next-Gen Commerce and Supply Chain's overall GF Score™ is 52/100 with 3 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 China Next-Gen Commerce and Supply Chain (HKSE:03928), the current Operating Margin % is -34.03% 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 China Next-Gen Commerce and Supply Chain (HKSE:03928) Overvalued in 2026?
Based on GuruFocus' analysis, China Next-Gen Commerce and Supply Chain stock appears to be overvalued.
The current stock price of HK$26.30 is trading 1411.5% above its estimated GF Value™ of HK$1.74.
GuruFocus considers China Next-Gen Commerce and Supply Chain to be Significantly Overvalued.
Key valuation signals for HKSE:03928:
Operating Margin %: -34.03%
GF Value™: HK$1.74 vs. price of HK$26.30 (1411.5% above fair value)
No single metric tells the full story. See the HKSE:03928 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
China Next-Gen Commerce and Supply Chain Ltd is an investment holding company. Along with its subsidiaries, the company is principally engaged in the provision of construction services and property investment in Singapore. It has two operating segments as follows: i) Construction services: provision of civil engineering works, building construction works and other ancillary services to government and commercial corporations. ii) Property investment: leasing of residential and industrial properties. The majority of the company's revenue is derived from the Construction services segment. Geographically, the company derives all of its revenue from Singapore.
52GF Score
Get the complete analysis for HKSE:03928
Operating Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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