Pizu Group Holdings (HKSE:09893) Operating Margin %: 17.07% (As of Mar. 2026) — 23% Below Median

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.

HKSE:09893 Pizu Group Holdings Ltd HKSE:09893
59 GF Score
Price HK$1.71
GF Value HK$0.42
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is Pizu Group Holdings Operating Margin %?

Pizu Group Holdings HKSE:09893 59 Operating Margin % is 17.07% as of Mar. 2026, which is 23% below its 10-year median of 22.24. GuruFocus rates HKSE:09893 with a GF Score™ of 59/100 and a GF Value™ of HK$0.42 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 1,578 Chemicals companies, Pizu Group Holdings ranks better than 93.85% on this metric.

Operating Margin % is calculated as Operating Income divided by its Revenue. Pizu Group Holdings's Operating Income for the six months ended in Mar. 2026 was HK$153 Mil. Pizu Group Holdings's Revenue for the six months ended in Mar. 2026 was HK$896 Mil. Therefore, Pizu Group Holdings's Operating Margin % for the quarter that ended in Mar. 2026 was 17.07%.

Good Sign:

Pizu Group Holdings Ltd operating margin is expanding. Margin expansion is usually a good sign.

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

HKSE:09893' s Operating Margin % Range Over the Past 10 Years
Min: 4.68   Med: 22.24   Max: 26.3
Current: 22.62


HKSE:09893's Operating Margin % is ranked better than
93.85% of 1578 companies
in the Chemicals industry
Industry Median: 6.14 vs HKSE:09893: 22.62

Pizu Group Holdings's 5-Year Average Operating Margin % Growth Rate was 4.30% per year.

Pizu Group Holdings's Operating Income for the six months ended in Mar. 2026 was HK$153 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was HK$388 Mil.


Pizu Group Holdings  (HKSE:09893) 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.


Pizu Group Holdings Operating Margin % Related Terms


Pizu Group Holdings Operating Margin % Historical Data

* Premium members only.

The historical data trend for Pizu Group 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.

Pizu Group Holdings Operating Margin % Chart

Pizu Group 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 15.55 15.12 20.19 24.82 22.73

Pizu Group 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 16.17 28.59 20.95 28.71 17.07

HKSE:09893 vs LIN, SHW, ECL: Operating Margin % Comparison

For the Specialty Chemicals subindustry, Pizu Group 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.


Pizu Group Holdings Operating Margin % vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Pizu Group Holdings's Operating Margin % distribution charts can be found below:

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


HKSE:09893
59GF Score
Pizu Group Holdings Ltd HKSE:09893
Operating Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Pizu Group 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.

Pizu Group 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 )
=396.816 / 1745.437
=22.73 %

Pizu Group 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 )
=152.893 / 895.818
=17.07 %

* 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 17.07% mean?
Pizu Group Holdings (HKSE:09893) has a Operating Margin % of 17.07% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on Pizu Group Holdings and its competitors. This is 23% below median its historical median of 22.24. Over the past decade, Pizu Group Holdings' Operating Margin % has ranged from 4.68 to 26.30. According to the industry distribution chart, Pizu Group Holdings ranks #97 out of 1578 companies in the Chemicals industry, placing it in the top 6.1%.
Is Pizu Group Holdings' Operating Margin % too high?
Pizu Group Holdings' current Operating Margin % of 17.07% is 23% below median its 10-year median of 22.24. Over the past 10 years, this metric has ranged from a low of 4.68 to a high of 26.30. The Chemicals industry median Operating Margin % is 6.14. Pizu Group Holdings' value of 17.07% is 178% above this industry median. Based on the distribution chart, Pizu Group Holdings ranks #97 out of 1578 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, Pizu Group Holdings has a GF Score™ of 59/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Pizu Group Holdings' Operating Margin % compare to LIN and SHW?
According to the Chemicals industry distribution chart, Pizu Group Holdings ranks #97 out of 1578 companies for Operating Margin %. This places Pizu Group Holdings in the top 6% of its industry — outperforming the majority of peers. The industry median Operating Margin % is 6.14. Pizu Group Holdings' value of 17.07% is 178% above this benchmark. Historically, Pizu Group Holdings' own Operating Margin % has ranged from 4.68 to 26.30 over the past decade. While the company's 10-year median is 22.24 vs. the industry median of 6.14, Pizu Group Holdings 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 Chemicals company?
The median Operating Margin % among Chemicals companies is 6.14, based on 1,578 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. Pizu Group Holdings's current Operating Margin % of 17.07% is 178% 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 Pizu Group Holdings and its competitors. For the Chemicals industry, the median Operating Margin % is 6.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Pizu Group Holdings's current Operating Margin % is 17.07%, which is 23% below median its own 10-year median of 22.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pizu Group Holdings stock overvalued right now?
Based on GuruFocus' analysis, Pizu Group Holdings (HKSE:09893) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.42, compared to a current price of HK$1.71 — trading 307.1% above its estimated fair value. The current Operating Margin % is 17.07%, which is 23% below median its 10-year median of 22.24 and 178% above the Chemicals industry median of 6.14. Pizu Group Holdings' overall GF Score™ is 59/100 with 4 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 Pizu Group Holdings (HKSE:09893), the current Operating Margin % is 17.07% 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 Pizu Group Holdings (HKSE:09893) Overvalued in 2026?

Based on GuruFocus' analysis, Pizu Group Holdings stock appears to be overvalued. The current stock price of HK$1.71 is trading 307.1% above its estimated GF Value™ of HK$0.42. GuruFocus considers Pizu Group Holdings to be Significantly Overvalued.

Key valuation signals for HKSE:09893:

  • Operating Margin %: 17.07% (23% below median its 10-year median of 22.24)
  • GF Value™: HK$0.42 vs. price of HK$1.71 (307.1% above fair value)
  • GF Score™: 59/100 with 4 warning signs
  • Industry Position: 178% above the Chemicals median (#97 of 1578)

No single metric tells the full story. See the HKSE:09893 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Pizu Group Holdings Business Description

Address 168-200 Connaught Road Central, Unit 07, 21st Floor, West Tower, Sheung Wan, Hong Kong, HKG
Pizu Group Holdings Ltd is an investment holding company. It is involved in the segments of Mining operation which involves the mining, and processing of pyrite, iron ore, and copper and the sales of the said mineral products in the PRC; Explosives trading and blasting services involving the manufacturing and sale of explosives and provision of blasting operations in the PRC and Tajikistan; and Bulk mineral trade which covers the trading of non-ferrous metals and minerals in Hong Kong and the PRC. It derives key revenue from the mining segment.
59GF Score

Get the complete analysis for HKSE:09893

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

HK$1.71
Price
HK$0.42
GF Value