Man Shing Global Holdings (HKSE:08309) Operating Margin %: -3.47% (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 Man Shing Global Holdings Operating Margin %?

Man Shing Global Holdings HKSE:08309 Operating Margin % is -3.47% as of Mar. 2026. The stock has 5 warning signs investors should review. Among 236 Waste Management companies, Man Shing Global Holdings ranks worse than 72.46% on this metric.

Operating Margin % is calculated as Operating Income divided by its Revenue. Man Shing Global Holdings's Operating Income for the six months ended in Mar. 2026 was HK$-9.0 Mil. Man Shing Global Holdings's Revenue for the six months ended in Mar. 2026 was HK$259.9 Mil. Therefore, Man Shing Global Holdings's Operating Margin % for the quarter that ended in Mar. 2026 was -3.47%.

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

HKSE:08309' s Operating Margin % Range Over the Past 10 Years
Min: -2.24   Med: 1.74   Max: 5.84
Current: -2.09


HKSE:08309's Operating Margin % is ranked worse than
72.46% of 236 companies
in the Waste Management industry
Industry Median: 6.615 vs HKSE:08309: -2.09

Man Shing Global Holdings's 5-Year Average Operating Margin % Growth Rate was 0.00% per year.

Man Shing Global Holdings's Operating Income for the six months ended in Mar. 2026 was HK$-9.0 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was HK$-9.5 Mil.


Man Shing Global Holdings  (HKSE:08309) 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.


Man Shing Global Holdings Operating Margin % Related Terms


Man Shing Global Holdings Operating Margin % Historical Data

* Premium members only.

The historical data trend for Man Shing Global 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.

Man Shing Global Holdings Operating Margin % Chart

Man Shing Global Holdings 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 1.53 3.75 2.20 0.31 -2.09

Man Shing Global Holdings Semi-Annual Data
Sep16 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 2.81 0.92 -0.98 -0.26 -3.47

HKSE:08309 vs WM, RSG, WCN: Operating Margin % Comparison

For the Waste Management subindustry, Man Shing Global 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.


Man Shing Global Holdings Operating Margin % vs Waste Management Industry

For the Waste Management industry and Industrials sector, Man Shing Global Holdings's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Man Shing Global Holdings's Operating Margin % falls into.



Man Shing Global 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.

Man Shing Global Holdings'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 )
=-9.524 / 454.912
=-2.09 %

Man Shing Global Holdings'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 )
=-9.011 / 259.904
=-3.47 %

* 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 -3.47% mean?
Man Shing Global Holdings (HKSE:08309) has a Operating Margin % of -3.47% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on Man Shing Global Holdings and its competitors. According to the industry distribution chart, Man Shing Global Holdings ranks #171 out of 236 companies in the Waste Management industry, placing it in the top 72.5%.
Is Man Shing Global Holdings' Operating Margin % too high?
Man Shing Global Holdings' current Operating Margin % is -3.47%. Based on the distribution chart, Man Shing Global Holdings ranks #171 out of 236 companies in the Waste Management industry, which is below the industry midpoint.
How does Man Shing Global Holdings' Operating Margin % compare to WM and RSG?
According to the Waste Management industry distribution chart, Man Shing Global Holdings ranks #171 out of 236 companies for Operating Margin %. This places Man Shing Global Holdings in the lower half of its industry. The industry median Operating Margin % is 6.62. 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 Waste Management company?
The median Operating Margin % among Waste Management companies is 6.62, based on 236 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 Man Shing Global Holdings and its competitors. For the Waste Management industry, the median Operating Margin % is 6.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Man Shing Global Holdings's current Operating Margin % is -3.47%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Man Shing Global Holdings stock overvalued right now?
Based on GuruFocus' analysis, Man Shing Global Holdings (HKSE:08309) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.03, compared to a current price of HK$0.08 — trading 166.7% above its estimated fair value. The current Operating Margin % is -3.47%. 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 Man Shing Global Holdings (HKSE:08309), the current Operating Margin % is -3.47% 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.

Man Shing Global Holdings Business Description

Address 18 Kin Hong Street, Unit 10, 11th Floor, Trans Asia Centre, Kwai Chung, New Territories, Hong Kong, HKG
Man Shing Global Holdings Ltd is an investment holding company, engaged in providing environmental cleaning solutions in Hong Kong. The company's offerings include cleaning services, street cleaning solutions, building cleaning solutions, bus and ferry cleaning solutions, waste transportation services, pest control services, and sewage treatment services. The company derives revenue from Hong Kong and operates in two segments, namely the environmental cleaning services segment, which derives the majority of revenue and engages in the provision of street cleanings, building cleaning, bus and ferry cleaning, and other cleaning services, and property management segment comprises the provision of property management services.