State Grid Informationmmunication Co (SHSE:600131) Operating Margin %: -1.51% (As of Mar. 2026)

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SHSE:600131 State Grid Information & Communication Co Ltd SHSE:600131
87 GF Score
Price ¥14.10
GF Value ¥21.89
Valuation Significantly Undervalued
! 3 Warning Signs
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What is State Grid Informationmmunication Co Operating Margin %?

State Grid Informationmmunication Co SHSE:600131 -1.54% 87 Operating Margin % is -1.51% as of Mar. 2026. GuruFocus rates SHSE:600131 with a GF Score™ of 87/100 and a GF Value™ of ¥21.89 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 419 Utilities - Independent Power Producers companies, State Grid Informationmmunication Co ranks worse than 61.81% on this metric.

Operating Margin % is calculated as Operating Income divided by its Revenue. State Grid Informationmmunication Co's Operating Income for the three months ended in Mar. 2026 was ¥-20 Mil. State Grid Informationmmunication Co's Revenue for the three months ended in Mar. 2026 was ¥1,344 Mil. Therefore, State Grid Informationmmunication Co's Operating Margin % for the quarter that ended in Mar. 2026 was -1.51%.

Warning Sign:

State Grid Information & Communication Co Ltd operating margin has been in a 5-year decline. The average rate of decline per year is -4.5%.

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

SHSE:600131' s Operating Margin % Range Over the Past 10 Years
Min: 4.34   Med: 8.32   Max: 11.7
Current: 7.11


SHSE:600131's Operating Margin % is ranked worse than
61.81% of 419 companies
in the Utilities - Independent Power Producers industry
Industry Median: 13.54 vs SHSE:600131: 7.11

State Grid Informationmmunication Co's 5-Year Average Operating Margin % Growth Rate was -4.50% per year.

State Grid Informationmmunication Co's Operating Income for the three months ended in Mar. 2026 was ¥-20 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was ¥753 Mil.


State Grid Informationmmunication Co  (SHSE:600131) 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.


State Grid Informationmmunication Co Operating Margin % Related Terms


State Grid Informationmmunication Co Operating Margin % Historical Data

* Premium members only.

The historical data trend for State Grid Informationmmunication 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.

State Grid Informationmmunication Co Operating Margin % Chart

State Grid Informationmmunication 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 9.59 11.24 10.36 7.52 7.04

State Grid Informationmmunication 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 -1.85 11.99 3.56 8.91 -1.51

State Grid Informationmmunication Co Operating Margin % Competitor Comparison

For the Utilities - Renewable subindustry, State Grid Informationmmunication 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.


State Grid Informationmmunication Co Operating Margin % vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, State Grid Informationmmunication Co's Operating Margin % distribution charts can be found below:

* The bar in red indicates where State Grid Informationmmunication Co's Operating Margin % falls into.


SHSE:600131
87GF Score
State Grid Information & Communication Co Ltd SHSE:600131
Operating Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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State Grid Informationmmunication 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.

State Grid Informationmmunication 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 )
=747.74 / 10627.82
=7.04 %

State Grid Informationmmunication 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 )
=-20.353 / 1344.31
=-1.51 %

* 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 -1.51% mean?
State Grid Informationmmunication Co (SHSE:600131) has a Operating Margin % of -1.51% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on State Grid Informationmmunication Co and its competitors. Over the past decade, State Grid Informationmmunication Co's Operating Margin % has ranged from 4.34 to 11.70. According to the industry distribution chart, State Grid Informationmmunication Co ranks #259 out of 419 companies in the Utilities - Independent Power Producers industry, placing it in the top 61.8%.
Is State Grid Informationmmunication Co's Operating Margin % too high?
State Grid Informationmmunication Co's current Operating Margin % is -1.51%. Over the past 10 years, this metric has ranged from a low of 4.34 to a high of 11.70. Based on the distribution chart, State Grid Informationmmunication Co ranks #259 out of 419 companies in the Utilities - Independent Power Producers industry, which is below the industry midpoint. Overall, State Grid Informationmmunication Co has a GF Score™ of 87/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does State Grid Informationmmunication Co's Operating Margin % compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, State Grid Informationmmunication Co ranks #259 out of 419 companies for Operating Margin %. This places State Grid Informationmmunication Co in the lower half of its industry. The industry median Operating Margin % is 13.54. Historically, State Grid Informationmmunication Co's own Operating Margin % has ranged from 4.34 to 11.70 over the past decade. 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 an Utilities - Independent Power Producers company?
The median Operating Margin % among Utilities - Independent Power Producers companies is 13.54, based on 419 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. 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 State Grid Informationmmunication Co and its competitors. For the Utilities - Independent Power Producers industry, the median Operating Margin % is 13.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. State Grid Informationmmunication Co's current Operating Margin % is -1.51%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is State Grid Informationmmunication Co stock overvalued right now?
Based on GuruFocus' analysis, State Grid Informationmmunication Co (SHSE:600131) is currently considered Significantly Undervalued. The stock's GF Value™ is ¥21.89, compared to a current price of ¥14.10 — trading 35.6% below its estimated fair value. The current Operating Margin % is -1.51%. State Grid Informationmmunication Co's overall GF Score™ is 87/100 with 3 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 State Grid Informationmmunication Co (SHSE:600131), the current Operating Margin % is -1.51% 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 State Grid Informationmmunication Co (SHSE:600131) Overvalued in 2026?

Based on GuruFocus' analysis, State Grid Informationmmunication Co stock appears to be undervalued. The current stock price of ¥14.10 is trading 35.6% below its estimated GF Value™ of ¥21.89. GuruFocus considers State Grid Informationmmunication Co to be Significantly Undervalued.

Key valuation signals for SHSE:600131:

  • Operating Margin %: -1.51%
  • GF Value™: ¥21.89 vs. price of ¥14.10 (35.6% below fair value)
  • GF Score™: 87/100 with 3 warning signs

No single metric tells the full story. See the SHSE:600131 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


State Grid Informationmmunication Co Business Description

Address No. 301 Kuiguang Road, Doujiangyan, Sichuan, CHN, 611830
State Grid Information & Communication Co Ltd, formerly Sichuan Minjiang Hydropower Co Ltd is a China-based company is engaged in the hydroelectric generation business. It is mainly engaged in the development, generation, transmission, distribution, and sales of electric power, as well as other businesses with its subsidiaries.
87GF Score

Get the complete analysis for SHSE:600131

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

¥14.10
Price
¥21.89
GF Value