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.
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.
GHW InternationalHKSE:09933 -0.59%85 Operating Margin % is 1.20% as of Dec. 2025, which is 35% below its 10-year median of 1.85. GuruFocus rates HKSE:09933 with a GF Score™ of 85/100 and a GF Value™ of HK$1.79 (Fairly Valued). The stock has 6 warning signs investors should review. Among 1,583 Chemicals companies, GHW International ranks worse than 76.56% on this metric.
GHW International (HKSE:09933) 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.
GHW International Operating Margin % Related Terms
GHW International Operating Margin % Historical Data
* Premium members only.
The historical data trend for GHW International'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.
For the Chemicals subindustry, GHW International'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.
GHW International Operating Margin % vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, GHW International's Operating Margin % distribution charts can be found below:
* The bar in red indicates where GHW International's Operating Margin % falls into.
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.
GHW International's Operating Margin % for the fiscal year that ended in Dec. 2025 is calculated as
* 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.
GHW International (HKSE:09933) has a Operating Margin % of 1.20% as of Dec. 2025. Operating margin is the ratio of total operating income to net sales. View historical data on GHW International and its competitors. This is 35% below median its historical median of 1.85. Over the past decade, GHW International's Operating Margin % has ranged from 0.74 to 9.83. According to the industry distribution chart, GHW International ranks #1212 out of 1583 companies in the Chemicals industry, placing it in the top 76.6%.
Is GHW International's Operating Margin % too high?
GHW International's current Operating Margin % of 1.20% is 35% below median its 10-year median of 1.85. Over the past 10 years, this metric has ranged from a low of 0.74 to a high of 9.83. The Chemicals industry median Operating Margin % is 6.62. GHW International's value of 1.20% is 81.9% below this industry median. Based on the distribution chart, GHW International ranks #1212 out of 1583 companies in the Chemicals industry, which is in the bottom quartile relative to peers. Overall, GHW International has a GF Score™ of 85/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does GHW International's Operating Margin % compare to DOW?
According to the Chemicals industry distribution chart, GHW International ranks #1212 out of 1583 companies for Operating Margin %. This places GHW International in the lower half of its industry. The industry median Operating Margin % is 6.62. GHW International's value of 1.20% is 81.9% below this benchmark. Historically, GHW International's own Operating Margin % has ranged from 0.74 to 9.83 over the past decade. While the company's 10-year median is 1.85 vs. the industry median of 6.62, GHW International has consistently been below 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 6.62, based on 1,583 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. GHW International's current Operating Margin % of 1.20% is 81.9% below 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 GHW International and its competitors. For the Chemicals 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. GHW International's current Operating Margin % is 1.20%, which is 35% below median its own 10-year median of 1.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GHW International stock overvalued right now?
Based on GuruFocus' analysis, GHW International (HKSE:09933) is currently considered Fairly Valued. The stock's GF Value™ is HK$1.79, compared to a current price of HK$1.68 — trading 6.4% below its estimated fair value. The current Operating Margin % is 1.20%, which is 35% below median its 10-year median of 1.85 and 81.9% below the Chemicals industry median of 6.62. GHW International's overall GF Score™ is 85/100 with 6 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 GHW International (HKSE:09933), the current Operating Margin % is 1.20% 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 GHW International (HKSE:09933) Overvalued in 2026?
Based on GuruFocus' analysis, GHW International stock appears to be undervalued.
The current stock price of HK$1.68 is trading 6.4% below its estimated GF Value™ of HK$1.79.
GuruFocus considers GHW International to be Fairly Valued.
Key valuation signals for HKSE:09933:
Operating Margin %: 1.20% (35% below median its 10-year median of 1.85)
GF Value™: HK$1.79 vs. price of HK$1.68 (6.4% below fair value)
Industry Position: 81.9% below the Chemicals median (#1212 of 1583)
No single metric tells the full story. See the HKSE:09933 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
GHW International is an applied chemical intermediates provider in the integrated chemical services market, which engages in the production and sales of chemicals and sales of chemicals produced by third-party manufacturers based in mainland China, the Southeast Asia region, Europe, and the United States. The company's business segment includes Methylamine Industry Series, Iodine derivatives and supporting products, Goldenhighway new materials, Advanced materials intermediates series, Green products, Healthcare and wellness, and Happy Elephant selections. Geographically, the company generates the majority of its revenue from the Mainland of China. It also has its presence in Europe; Vietnam; Other countries in Asia (excluding mainland China and Vietnam); and Others.
85GF Score
Get the complete analysis for HKSE:09933
Operating Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
HKSE:09933 has been successfully added to your 
