Yutong Bus Co (SHSE:600066) Operating Margin %: 11.11% (As of Mar. 2026) — 15% Above Median


SHSE:600066 Yutong Bus Co Ltd SHSE:600066
95 GF Score
Price ¥26.57
GF Value ¥30.64
Valuation Modestly Undervalued
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What is Yutong Bus Co Operating Margin %?

Yutong Bus Co SHSE:600066 -0.30% 95 Operating Margin % is 11.11% as of Mar. 2026, which is 15% above its 10-year median of 9.68. GuruFocus rates SHSE:600066 with a GF Score™ of 95/100 and a GF Value™ of ¥30.64 (Modestly Undervalued). Among 209 Farm & Heavy Construction Machinery companies, Yutong Bus Co ranks better than 87.08% on this metric.

Operating Margin % is calculated as Operating Income divided by its Revenue. Yutong Bus Co's Operating Income for the three months ended in Mar. 2026 was ¥656 Mil. Yutong Bus Co's Revenue for the three months ended in Mar. 2026 was ¥5,909 Mil. Therefore, Yutong Bus Co's Operating Margin % for the quarter that ended in Mar. 2026 was 11.11%.

Good Sign:

Yutong Bus Co Ltd operating margin is expanding. Margin expansion is usually a good sign.

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

SHSE:600066' s Operating Margin % Range Over the Past 10 Years
Min: 0.22   Med: 9.68   Max: 14.39
Current: 14.39


SHSE:600066's Operating Margin % is ranked better than
87.08% of 209 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 6.78 vs SHSE:600066: 14.39

Yutong Bus Co's 5-Year Average Operating Margin % Growth Rate was 123.30% per year.

Yutong Bus Co's Operating Income for the three months ended in Mar. 2026 was ¥656 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was ¥5,886 Mil.


Yutong Bus Co  (SHSE:600066) 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.


Yutong Bus Co Operating Margin % Related Terms


Yutong Bus Co Operating Margin % Historical Data

* Premium members only.

The historical data trend for Yutong Bus 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.

Yutong Bus Co Operating Margin % Chart

Yutong Bus 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 1.40 4.61 9.97 12.62 13.94

Yutong Bus Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 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 8.46 13.38 14.86 16.00 11.11

SHSE:600066 vs CAT, DE, PCAR: Operating Margin % Comparison

For the Farm & Heavy Construction Machinery subindustry, Yutong Bus 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.


Yutong Bus Co Operating Margin % vs Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Yutong Bus Co's Operating Margin % distribution charts can be found below:

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


SHSE:600066
95GF Score
Yutong Bus Co Ltd SHSE:600066
Operating Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Yutong Bus 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.

Yutong Bus 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 )
=5772.85 / 41426.174
=13.94 %

Yutong Bus Co'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 )
=656.326 / 5909.377
=11.11 %

* 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 11.11% mean?
Yutong Bus Co (SHSE:600066) has a Operating Margin % of 11.11% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on Yutong Bus Co and its competitors. This is 15% above median its historical median of 9.68. Over the past decade, Yutong Bus Co's Operating Margin % has ranged from 0.22 to 14.39. According to the industry distribution chart, Yutong Bus Co ranks #27 out of 209 companies in the Farm & Heavy Construction Machinery industry, placing it in the top 12.9%.
Is Yutong Bus Co's Operating Margin % too high?
Yutong Bus Co's current Operating Margin % of 11.11% is 15% above median its 10-year median of 9.68. Over the past 10 years, this metric has ranged from a low of 0.22 to a high of 14.39. The Farm & Heavy Construction Machinery industry median Operating Margin % is 6.78. Yutong Bus Co's value of 11.11% is 63.9% above this industry median. Based on the distribution chart, Yutong Bus Co ranks #27 out of 209 companies in the Farm & Heavy Construction Machinery industry, which is in the top quartile — a strong position relative to peers. Overall, Yutong Bus Co has a GF Score™ of 95/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Yutong Bus Co's Operating Margin % compare to CAT and DE?
According to the Farm & Heavy Construction Machinery industry distribution chart, Yutong Bus Co ranks #27 out of 209 companies for Operating Margin %. This places Yutong Bus Co in the top 13% of its industry — outperforming the majority of peers. The industry median Operating Margin % is 6.78. Yutong Bus Co's value of 11.11% is 63.9% above this benchmark. Historically, Yutong Bus Co's own Operating Margin % has ranged from 0.22 to 14.39 over the past decade. While the company's 10-year median is 9.68 vs. the industry median of 6.78, Yutong Bus 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 Farm & Heavy Construction Machinery company?
The median Operating Margin % among Farm & Heavy Construction Machinery companies is 6.78, based on 209 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. Yutong Bus Co's current Operating Margin % of 11.11% is 63.9% 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 Yutong Bus Co and its competitors. For the Farm & Heavy Construction Machinery industry, the median Operating Margin % is 6.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Yutong Bus Co's current Operating Margin % is 11.11%, which is 15% above median its own 10-year median of 9.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Yutong Bus Co stock overvalued right now?
Based on GuruFocus' analysis, Yutong Bus Co (SHSE:600066) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥30.64, compared to a current price of ¥26.57 — trading 13.3% below its estimated fair value. The current Operating Margin % is 11.11%, which is 15% above median its 10-year median of 9.68 and 63.9% above the Farm & Heavy Construction Machinery industry median of 6.78. Yutong Bus Co's overall GF Score™ is 95/100. 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 Yutong Bus Co (SHSE:600066), the current Operating Margin % is 11.11% 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 Yutong Bus Co (SHSE:600066) Overvalued in 2026?

Based on GuruFocus' analysis, Yutong Bus Co stock appears to be undervalued. The current stock price of ¥26.57 is trading 13.3% below its estimated GF Value™ of ¥30.64. GuruFocus considers Yutong Bus Co to be Modestly Undervalued.

Key valuation signals for SHSE:600066:

  • Operating Margin %: 11.11% (15% above median its 10-year median of 9.68)
  • GF Value™: ¥30.64 vs. price of ¥26.57 (13.3% below fair value)
  • GF Score™: 95/100
  • Industry Position: 63.9% above the Farm & Heavy Construction Machinery median (#27 of 209)

No single metric tells the full story. See the SHSE:600066 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Yutong Bus Co Business Description

Address No. 6, Yutong Road, Guancheng Hui District, Henan Province, Zhengzhou, CHN, 450061
Yutong Bus Co Ltd engages in the manufacture and sale of buses and related products. The company operates its business through four main segments. The Bus Manufacturing segment focuses on producing and selling large, medium, and light buses, which include passenger buses, city buses, school buses, and various types of new energy vehicles such as pure electric, plug-in hybrid, and fuel cell models. The Foreign Trade segment handles both domestic and international sales and distribution of buses and new energy vehicles. The Passenger Transportation segment covers services such as group rentals, short-distance and highway travel, tourism transport, bus operations, employee commuting, and school transportation. The Other segment is responsible for providing after-sales support and services.
95GF Score

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

¥26.57
Price
¥30.64
GF Value