E-Star Commercial Management Co (HKSE:06668) Operating Margin %: 26.58% (As of Dec. 2025) — 21% Below Median

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HKSE:06668 E-Star Commercial Management Co Ltd HKSE:06668
89 GF Score
Price HK$1.38
GF Value HK$1.35
Valuation Fairly Valued
! 10 Warning Signs
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What is E-Star Commercial Management Co Operating Margin %?

E-Star Commercial Management Co HKSE:06668 89 Operating Margin % is 26.58% as of Dec. 2025, which is 21% below its 10-year median of 33.54. GuruFocus rates HKSE:06668 with a GF Score™ of 89/100 and a GF Value™ of HK$1.35 (Fairly Valued). The stock has 10 warning signs investors should review. Among 1,746 Real Estate companies, E-Star Commercial Management Co ranks better than 75.32% on this metric.

Operating Margin % is calculated as Operating Income divided by its Revenue. E-Star Commercial Management Co's Operating Income for the six months ended in Dec. 2025 was HK$87.7 Mil. E-Star Commercial Management Co's Revenue for the six months ended in Dec. 2025 was HK$329.9 Mil. Therefore, E-Star Commercial Management Co's Operating Margin % for the quarter that ended in Dec. 2025 was 26.58%.

Warning Sign:

E-Star Commercial Management Co Ltd operating margin has been in a 5-year decline. The average rate of decline per year is -5.3%.

The historical rank and industry rank for E-Star Commercial Management Co's Operating Margin % or its related term are showing as below:

HKSE:06668' s Operating Margin % Range Over the Past 10 Years
Min: 22.98   Med: 33.54   Max: 42.9
Current: 33.23


HKSE:06668's Operating Margin % is ranked better than
75.32% of 1746 companies
in the Real Estate industry
Industry Median: 12.795 vs HKSE:06668: 33.23

E-Star Commercial Management Co's 5-Year Average Operating Margin % Growth Rate was -5.30% per year.

E-Star Commercial Management Co's Operating Income for the six months ended in Dec. 2025 was HK$87.7 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2025 was HK$217.4 Mil.


E-Star Commercial Management Co  (HKSE:06668) 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.


E-Star Commercial Management Co Operating Margin % Related Terms


E-Star Commercial Management Co Operating Margin % Historical Data

* Premium members only.

The historical data trend for E-Star Commercial Management 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.

E-Star Commercial Management Co Operating Margin % Chart

E-Star Commercial Management Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Operating Margin %
Get a 7-Day Free Trial Premium Member Only 42.90 39.28 37.73 30.57 33.54

E-Star Commercial Management Co Semi-Annual Data
Dec17 Dec18 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 Jun26
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 36.98 24.48 40.85 26.58 39.99

HKSE:06668 vs CBRE, BEKE, JLL: Operating Margin % Comparison

For the Real Estate Services subindustry, E-Star Commercial Management 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.


E-Star Commercial Management Co Operating Margin % vs Real Estate Industry

For the Real Estate industry and Real Estate sector, E-Star Commercial Management Co's Operating Margin % distribution charts can be found below:

* The bar in red indicates where E-Star Commercial Management Co's Operating Margin % falls into.


HKSE:06668
89GF Score
E-Star Commercial Management Co Ltd HKSE:06668
Operating Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

E-Star Commercial Management 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.

E-Star Commercial Management 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 )
=215.987 / 643.942
=33.54 %

E-Star Commercial Management Co'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 )
=87.713 / 329.947
=26.58 %

* 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 26.58% mean?
E-Star Commercial Management Co (HKSE:06668) has a Operating Margin % of 26.58% as of Dec. 2025. Operating margin is the ratio of total operating income to net sales. View historical data on E-Star Commercial Management Co and its competitors. This is 21% below median its historical median of 33.54. Over the past decade, E-Star Commercial Management Co's Operating Margin % has ranged from 22.98 to 42.90. According to the industry distribution chart, E-Star Commercial Management Co ranks #431 out of 1746 companies in the Real Estate industry, placing it in the top 24.7%.
Is E-Star Commercial Management Co's Operating Margin % too high?
E-Star Commercial Management Co's current Operating Margin % of 26.58% is 21% below median its 10-year median of 33.54. Over the past 10 years, this metric has ranged from a low of 22.98 to a high of 42.90. The Real Estate industry median Operating Margin % is 12.80. E-Star Commercial Management Co's value of 26.58% is 107.7% above this industry median. Based on the distribution chart, E-Star Commercial Management Co ranks #431 out of 1746 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. Overall, E-Star Commercial Management Co has a GF Score™ of 89/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does E-Star Commercial Management Co's Operating Margin % compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, E-Star Commercial Management Co ranks #431 out of 1746 companies for Operating Margin %. This places E-Star Commercial Management Co in the top 25% of its industry — outperforming the majority of peers. The industry median Operating Margin % is 12.80. E-Star Commercial Management Co's value of 26.58% is 107.7% above this benchmark. Historically, E-Star Commercial Management Co's own Operating Margin % has ranged from 22.98 to 42.90 over the past decade. While the company's 10-year median is 33.54 vs. the industry median of 12.80, E-Star Commercial Management 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 Real Estate company?
The median Operating Margin % among Real Estate companies is 12.80, based on 1,746 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. E-Star Commercial Management Co's current Operating Margin % of 26.58% is 107.7% 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 E-Star Commercial Management Co and its competitors. For the Real Estate industry, the median Operating Margin % is 12.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. E-Star Commercial Management Co's current Operating Margin % is 26.58%, which is 21% below median its own 10-year median of 33.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is E-Star Commercial Management Co stock overvalued right now?
Based on GuruFocus' analysis, E-Star Commercial Management Co (HKSE:06668) is currently considered Fairly Valued. The stock's GF Value™ is HK$1.35, compared to a current price of HK$1.38 — trading 2.2% above its estimated fair value. The current Operating Margin % is 26.58%, which is 21% below median its 10-year median of 33.54 and 107.7% above the Real Estate industry median of 12.80. E-Star Commercial Management Co's overall GF Score™ is 89/100 with 10 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 E-Star Commercial Management Co (HKSE:06668), the current Operating Margin % is 26.58% 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 E-Star Commercial Management Co (HKSE:06668) Overvalued in 2026?

Based on GuruFocus' analysis, E-Star Commercial Management Co stock appears to be overvalued. The current stock price of HK$1.38 is trading 2.2% above its estimated GF Value™ of HK$1.35. GuruFocus considers E-Star Commercial Management Co to be Fairly Valued.

Key valuation signals for HKSE:06668:

  • Operating Margin %: 26.58% (21% below median its 10-year median of 33.54)
  • GF Value™: HK$1.35 vs. price of HK$1.38 (2.2% above fair value)
  • GF Score™: 89/100 with 10 warning signs
  • Industry Position: 107.7% above the Real Estate median (#431 of 1746)

No single metric tells the full story. See the HKSE:06668 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


E-Star Commercial Management Co Business Description

Address 1 Yabao Road, 33nd Floor, Building A Galaxy World, Longgang District, Guangdong Province, Shenzhen, CHN, 518000
E-Star Commercial Management Co Ltd is a commercial property operational service provider in China. It is engaged in providing consultancy services to property owners; tenant sourcing services, and operational management services to tenants and property owners, and rent collection services; property leasing services including sublease of commercial spaces; and value-added services including management of common areas in the shopping centers and management of advertising spaces, such as LED boards and interior and exterior facades of the shopping centers. the Group's operations are mainly in the PRC. The Group generates revenue from provision of commercial property operational services to either owners or tenants in respect of the commercial properties in the PRC.
89GF Score

Get the complete analysis for HKSE:06668

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

HK$1.38
Price
HK$1.35
GF Value