DLC Asia (HKSE:08210) Operating Margin %: -27.66% (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is DLC Asia Operating Margin %?

DLC Asia HKSE:08210 Operating Margin % is -27.66% as of Mar. 2026. The stock has 3 warning signs investors should review. Among 668 Capital Markets companies, DLC Asia ranks worse than 79.49% on this metric.

Operating Margin % is calculated as Operating Income divided by its Revenue. DLC Asia's Operating Income for the six months ended in Mar. 2026 was HK$-4.32 Mil. DLC Asia's Revenue for the six months ended in Mar. 2026 was HK$15.62 Mil. Therefore, DLC Asia's Operating Margin % for the quarter that ended in Mar. 2026 was -27.66%.

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

HKSE:08210' s Operating Margin % Range Over the Past 10 Years
Min: -30.7   Med: 0.4   Max: 23.8
Current: -30.7


HKSE:08210's Operating Margin % is ranked worse than
79.49% of 668 companies
in the Capital Markets industry
Industry Median: 7.84 vs HKSE:08210: -30.70

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

DLC Asia's Operating Income for the six months ended in Mar. 2026 was HK$-4.32 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was HK$-10.00 Mil.


DLC Asia  (HKSE:08210) 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.


DLC Asia Operating Margin % Related Terms


DLC Asia Operating Margin % Historical Data

* Premium members only.

The historical data trend for DLC Asia'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.

DLC Asia Operating Margin % Chart

DLC Asia Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Operating Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -13.78 6.37 1.43 -2.90 -30.70

DLC Asia Semi-Annual Data
Mar16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 -4.43 1.72 -9.04 -33.50 -27.66

HKSE:08210 vs MS, GS, SCHW: Operating Margin % Comparison

For the Capital Markets subindustry, DLC Asia'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.


DLC Asia Operating Margin % vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, DLC Asia's Operating Margin % distribution charts can be found below:

* The bar in red indicates where DLC Asia's Operating Margin % falls into.



DLC Asia 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.

DLC Asia's Operating Margin % for the fiscal year that ended in Mar. 2026 is calculated as

Operating Margin %=Operating Income (A: Mar. 2026 ) / Revenue (A: Mar. 2026 )
=-10.002 / 32.581
=-30.70 %

DLC Asia'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 )
=-4.32 / 15.619
=-27.66 %

* 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 -27.66% mean?
DLC Asia (HKSE:08210) has a Operating Margin % of -27.66% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on DLC Asia and its competitors. According to the industry distribution chart, DLC Asia ranks #531 out of 668 companies in the Capital Markets industry, placing it in the top 79.5%.
Is DLC Asia's Operating Margin % too high?
DLC Asia's current Operating Margin % is -27.66%. Based on the distribution chart, DLC Asia ranks #531 out of 668 companies in the Capital Markets industry, which is in the bottom quartile relative to peers.
How does DLC Asia's Operating Margin % compare to MS and GS?
According to the Capital Markets industry distribution chart, DLC Asia ranks #531 out of 668 companies for Operating Margin %. This places DLC Asia in the lower half of its industry. The industry median Operating Margin % is 7.84. 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 Capital Markets company?
The median Operating Margin % among Capital Markets companies is 7.84, based on 668 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 DLC Asia and its competitors. For the Capital Markets industry, the median Operating Margin % is 7.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. DLC Asia's current Operating Margin % is -27.66%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is DLC Asia stock overvalued right now?
Based on GuruFocus' analysis, DLC Asia (HKSE:08210) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.03, compared to a current price of HK$0.05 — trading 70% above its estimated fair value. The current Operating Margin % is -27.66%. 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 DLC Asia (HKSE:08210), the current Operating Margin % is -27.66% 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.

DLC Asia Business Description

Address 8 Fleming Road, Units 2601-3, Tai Tung Building, Wanchai, Hong Kong, HKG
DLC Asia Ltd is an investment holding company. Along with its holdings, the company is known as the interdealer broker in Hong Kong that provides derivatives brokerage services to Professional Investors by dealing in securities and futures contracts. Its revenues are derived from commission income received from customers for providing brokerage services on derivative contracts by various execution channels including HKEx, SGX, and OTC. Its revenue is earned from the HKEx market.