China Times Co (ROCO:8923) Operating Margin %: 7.23% (As of Dec. 2025) — 46% Above Median

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ROCO:8923 China Times Co Ltd ROCO:8923
76 GF Score
Price NT$18.75
GF Value NT$19.78
Valuation Fairly Valued
! 5 Warning Signs
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What is China Times Co Operating Margin %?

China Times Co ROCO:8923 -2.60% 76 Operating Margin % is 7.23% as of Dec. 2025, which is 46% above its 10-year median of 4.94. GuruFocus rates ROCO:8923 with a GF Score™ of 76/100 and a GF Value™ of NT$19.78 (Fairly Valued). The stock has 5 warning signs investors should review. Among 1,013 Media - Diversified companies, China Times Co ranks better than 55.77% on this metric.

Operating Margin % is calculated as Operating Income divided by its Revenue. China Times Co's Operating Income for the three months ended in Dec. 2025 was NT$8.4 Mil. China Times Co's Revenue for the three months ended in Dec. 2025 was NT$116.6 Mil. Therefore, China Times Co's Operating Margin % for the quarter that ended in Dec. 2025 was 7.23%.

Warning Sign:

China Times Co Ltd operating margin has been in a 5-year decline. The average rate of decline per year is -12%.

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

ROCO:8923' s Operating Margin % Range Over the Past 10 Years
Min: 3.17   Med: 4.94   Max: 7.48
Current: 4.02


ROCO:8923's Operating Margin % is ranked better than
55.77% of 1013 companies
in the Media - Diversified industry
Industry Median: 2.42 vs ROCO:8923: 4.02

China Times Co's 5-Year Average Operating Margin % Growth Rate was -12.00% per year.

China Times Co's Operating Income for the three months ended in Dec. 2025 was NT$8.4 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2025 was NT$18.0 Mil.


China Times Co  (ROCO:8923) 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.


China Times Co Operating Margin % Related Terms


China Times Co Operating Margin % Historical Data

* Premium members only.

The historical data trend for China Times 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.

China Times Co Operating Margin % Chart

China Times Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Operating Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.48 5.68 3.17 4.19 4.02

China Times Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
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 8.67 10.27 2.05 -6.63 7.23

ROCO:8923 vs NYT, WLY: Operating Margin % Comparison

For the Publishing subindustry, China Times 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.


China Times Co Operating Margin % vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, China Times Co's Operating Margin % distribution charts can be found below:

* The bar in red indicates where China Times Co's Operating Margin % falls into.


ROCO:8923
76GF Score
China Times Co Ltd ROCO:8923
Operating Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

China Times 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.

China Times 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 )
=17.982 / 447.369
=4.02 %

China Times 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 )
=8.438 / 116.642
=7.23 %

* 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 7.23% mean?
China Times Co (ROCO:8923) has a Operating Margin % of 7.23% as of Dec. 2025. Operating margin is the ratio of total operating income to net sales. View historical data on China Times Co and its competitors. This is 46% above median its historical median of 4.94. Over the past decade, China Times Co's Operating Margin % has ranged from 3.17 to 7.48. According to the industry distribution chart, China Times Co ranks #448 out of 1013 companies in the Media - Diversified industry, placing it in the top 44.2%.
Is China Times Co's Operating Margin % too high?
China Times Co's current Operating Margin % of 7.23% is 46% above median its 10-year median of 4.94. Over the past 10 years, this metric has ranged from a low of 3.17 to a high of 7.48. The Media - Diversified industry median Operating Margin % is 2.42. China Times Co's value of 7.23% is 198.8% above this industry median. Based on the distribution chart, China Times Co ranks #448 out of 1013 companies in the Media - Diversified industry, which is above the industry midpoint. Overall, China Times Co has a GF Score™ of 76/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does China Times Co's Operating Margin % compare to NYT and WLY?
According to the Media - Diversified industry distribution chart, China Times Co ranks #448 out of 1013 companies for Operating Margin %. This puts China Times Co in the upper half of its industry. The industry median Operating Margin % is 2.42. China Times Co's value of 7.23% is 198.8% above this benchmark. Historically, China Times Co's own Operating Margin % has ranged from 3.17 to 7.48 over the past decade. While the company's 10-year median is 4.94 vs. the industry median of 2.42, China Times 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 Media - Diversified company?
The median Operating Margin % among Media - Diversified companies is 2.42, based on 1,013 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. China Times Co's current Operating Margin % of 7.23% is 198.8% 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 China Times Co and its competitors. For the Media - Diversified industry, the median Operating Margin % is 2.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China Times Co's current Operating Margin % is 7.23%, which is 46% above median its own 10-year median of 4.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Times Co stock overvalued right now?
Based on GuruFocus' analysis, China Times Co (ROCO:8923) is currently considered Fairly Valued. The stock's GF Value™ is NT$19.78, compared to a current price of NT$18.75 — trading 5.2% below its estimated fair value. The current Operating Margin % is 7.23%, which is 46% above median its 10-year median of 4.94 and 198.8% above the Media - Diversified industry median of 2.42. China Times Co's overall GF Score™ is 76/100 with 5 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 China Times Co (ROCO:8923), the current Operating Margin % is 7.23% 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 China Times Co (ROCO:8923) Overvalued in 2026?

Based on GuruFocus' analysis, China Times Co stock appears to be undervalued. The current stock price of NT$18.75 is trading 5.2% below its estimated GF Value™ of NT$19.78. GuruFocus considers China Times Co to be Fairly Valued.

Key valuation signals for ROCO:8923:

  • Operating Margin %: 7.23% (46% above median its 10-year median of 4.94)
  • GF Value™: NT$19.78 vs. price of NT$18.75 (5.2% below fair value)
  • GF Score™: 76/100 with 5 warning signs
  • Industry Position: 198.8% above the Media - Diversified median (#448 of 1013)

No single metric tells the full story. See the ROCO:8923 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


China Times Co Business Description

Address No. 240, Heping West Road, 1-7 Floor, Section 3, Wanhua District, Taipei, TWN, 108
China Times Co Ltd is a Taiwan-based company principally engaged in the publishing and distribution of books and magazines. Its activities mainly include editing, publishing, and wholesale distribution of books and magazines, as well as exhibition services.
76GF Score

Get the complete analysis for ROCO:8923

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

NT$18.75
Price
NT$19.78
GF Value