Anhui Expressway CoSHSE:600012 -0.45%65 Operating Margin % is 49.37% as of Mar. 2026, which is 3% above its 10-year median of 47.88. GuruFocus rates SHSE:600012 with a GF Score™ of 65/100 and a GF Value™ of ¥11.17 (Significantly Overvalued). The stock has 10 warning signs investors should review. Among 1,767 Construction companies, Anhui Expressway Co ranks better than 98.81% on this metric.
Anhui Expressway Co Ltd operating margin has been in a 5-year decline. The average rate of decline per year is -5.4%.
The historical rank and industry rank for Anhui Expressway Co's Operating Margin % or its related term are showing as below:
SHSE:600012'
s Operating Margin % Range Over the Past 10 Years
Min: 33.24 Med: 47.88 Max: 55.67
Current: 51.2
SHSE:600012's Operating Margin % is ranked better than 98.81% of 1767
companies
in the Construction industry
Industry Median: 5.89
vs SHSE:600012: 51.20
Anhui Expressway Co's 5-Year Average Operating Margin % Growth Rate was -5.40% per year.
Anhui Expressway Co (SHSE:600012) 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.
Anhui Expressway Co Operating Margin % Related Terms
Anhui Expressway Co Operating Margin % Historical Data
* Premium members only.
The historical data trend for Anhui Expressway 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.
Anhui Expressway Co Operating Margin % Competitor Comparison
For the Infrastructure Operations subindustry, Anhui Expressway 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.
Anhui Expressway Co Operating Margin % vs Construction Industry
For the Construction industry and Industrials sector, Anhui Expressway Co's Operating Margin % distribution charts can be found below:
* The bar in red indicates where Anhui Expressway Co's Operating Margin % falls into.
Anhui Expressway 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.
Anhui Expressway Co'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.
Anhui Expressway Co (SHSE:600012) has a Operating Margin % of 49.37% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on Anhui Expressway Co and its competitors. This is near median its historical median of 47.88. Over the past decade, Anhui Expressway Co's Operating Margin % has ranged from 33.24 to 55.67. According to the industry distribution chart, Anhui Expressway Co ranks #21 out of 1767 companies in the Construction industry, placing it in the top 1.2%.
Is Anhui Expressway Co's Operating Margin % too high?
Anhui Expressway Co's current Operating Margin % of 49.37% is near median its 10-year median of 47.88. Over the past 10 years, this metric has ranged from a low of 33.24 to a high of 55.67. The Construction industry median Operating Margin % is 5.89. Anhui Expressway Co's value of 49.37% is 738.2% above this industry median. Based on the distribution chart, Anhui Expressway Co ranks #21 out of 1767 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Anhui Expressway Co has a GF Score™ of 65/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Anhui Expressway Co's Operating Margin % compare to competitors?
According to the Construction industry distribution chart, Anhui Expressway Co ranks #21 out of 1767 companies for Operating Margin %. This places Anhui Expressway Co in the top 1% of its industry — outperforming the majority of peers. The industry median Operating Margin % is 5.89. Anhui Expressway Co's value of 49.37% is 738.2% above this benchmark. Historically, Anhui Expressway Co's own Operating Margin % has ranged from 33.24 to 55.67 over the past decade. While the company's 10-year median is 47.88 vs. the industry median of 5.89, Anhui Expressway 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 Construction company?
The median Operating Margin % among Construction companies is 5.89, based on 1,767 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. Anhui Expressway Co's current Operating Margin % of 49.37% is 738.2% 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 Anhui Expressway Co and its competitors. For the Construction industry, the median Operating Margin % is 5.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Anhui Expressway Co's current Operating Margin % is 49.37%, which is near median its own 10-year median of 47.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Anhui Expressway Co stock overvalued right now?
Based on GuruFocus' analysis, Anhui Expressway Co (SHSE:600012) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥11.17, compared to a current price of ¥15.45 — trading 38.3% above its estimated fair value. The current Operating Margin % is 49.37%, which is near median its 10-year median of 47.88 and 738.2% above the Construction industry median of 5.89. Anhui Expressway Co's overall GF Score™ is 65/100 with 10 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 Anhui Expressway Co (SHSE:600012), the current Operating Margin % is 49.37% 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 Anhui Expressway Co (SHSE:600012) Overvalued in 2026?
Based on GuruFocus' analysis, Anhui Expressway Co stock appears to be overvalued.
The current stock price of ¥15.45 is trading 38.3% above its estimated GF Value™ of ¥11.17.
GuruFocus considers Anhui Expressway Co to be Significantly Overvalued.
Key valuation signals for SHSE:600012:
Operating Margin %: 49.37% (near median its 10-year median of 47.88)
GF Value™: ¥11.17 vs. price of ¥15.45 (38.3% above fair value)
Industry Position: 738.2% above the Construction median (#21 of 1767)
No single metric tells the full story. See the SHSE:600012 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Anhui Expressway Co Ltd is engaged in the investment, construction, operation, and management of toll roads within Anhui province. The company acquires operating expressway assets through various means such as investment and construction, acquisition, or cooperative operation. The company provides toll service for vehicles, collects vehicles' tolls according to the charging standard, maintains repairs, and carries out safety maintenance for the operating expressways. All of the company's external revenue is derived from customers based in Mainland China.
65GF Score
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