Jiangsu Hengrui Pharmaceuticals Co (SHSE:600276) Operating Margin %: 31.69% (As of Mar. 2026) — 30% Above Median


SHSE:600276 Jiangsu Hengrui Pharmaceuticals Co Ltd SHSE:600276
86 GF Score
Price ¥48.67
GF Value ¥60.34
Valuation Modestly Undervalued
! 1 Warning Sign
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What is Jiangsu Hengrui Pharmaceuticals Co Operating Margin %?

Jiangsu Hengrui Pharmaceuticals Co SHSE:600276 -2.74% 86 Operating Margin % is 31.69% as of Mar. 2026, which is 30% above its 10-year median of 24.35. GuruFocus rates SHSE:600276 with a GF Score™ of 86/100 and a GF Value™ of ¥60.34 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 955 Drug Manufacturers companies, Jiangsu Hengrui Pharmaceuticals Co ranks better than 92.36% on this metric.

Operating Margin % is calculated as Operating Income divided by its Revenue. Jiangsu Hengrui Pharmaceuticals Co's Operating Income for the three months ended in Mar. 2026 was ¥2,580 Mil. Jiangsu Hengrui Pharmaceuticals Co's Revenue for the three months ended in Mar. 2026 was ¥8,141 Mil. Therefore, Jiangsu Hengrui Pharmaceuticals Co's Operating Margin % for the quarter that ended in Mar. 2026 was 31.69%.

Good Sign:

Jiangsu Hengrui Pharmaceuticals Co Ltd operating margin is expanding. Margin expansion is usually a good sign.

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

SHSE:600276' s Operating Margin % Range Over the Past 10 Years
Min: 15.72   Med: 24.35   Max: 28.12
Current: 28.12


SHSE:600276's Operating Margin % is ranked better than
92.36% of 955 companies
in the Drug Manufacturers industry
Industry Median: 7.45 vs SHSE:600276: 28.12

Jiangsu Hengrui Pharmaceuticals Co's 5-Year Average Operating Margin % Growth Rate was 6.80% per year.

Jiangsu Hengrui Pharmaceuticals Co's Operating Income for the three months ended in Mar. 2026 was ¥2,580 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was ¥9,158 Mil.


Jiangsu Hengrui Pharmaceuticals Co  (SHSE:600276) 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.


Jiangsu Hengrui Pharmaceuticals Co Operating Margin % Related Terms


Jiangsu Hengrui Pharmaceuticals Co Operating Margin % Historical Data

* Premium members only.

The historical data trend for Jiangsu Hengrui Pharmaceuticals 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.

Jiangsu Hengrui Pharmaceuticals Co Operating Margin % Chart

Jiangsu Hengrui Pharmaceuticals 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 15.76 15.72 20.27 24.31 27.18

Jiangsu Hengrui Pharmaceuticals 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 28.01 32.82 19.39 27.61 31.69

SHSE:600276 vs ZTS, UTHR: Operating Margin % Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, Jiangsu Hengrui Pharmaceuticals 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.


Jiangsu Hengrui Pharmaceuticals Co Operating Margin % vs Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Jiangsu Hengrui Pharmaceuticals Co's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Jiangsu Hengrui Pharmaceuticals Co's Operating Margin % falls into.


SHSE:600276
86GF Score
Jiangsu Hengrui Pharmaceuticals Co Ltd SHSE:600276
Operating Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Jiangsu Hengrui Pharmaceuticals 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.

Jiangsu Hengrui Pharmaceuticals 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 )
=8596.412 / 31629.416
=27.18 %

Jiangsu Hengrui Pharmaceuticals 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 )
=2579.989 / 8140.565
=31.69 %

* 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 31.69% mean?
Jiangsu Hengrui Pharmaceuticals Co (SHSE:600276) has a Operating Margin % of 31.69% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on Jiangsu Hengrui Pharmaceuticals Co and its competitors. This is 30% above median its historical median of 24.35. Over the past decade, Jiangsu Hengrui Pharmaceuticals Co's Operating Margin % has ranged from 15.72 to 28.12. According to the industry distribution chart, Jiangsu Hengrui Pharmaceuticals Co ranks #73 out of 955 companies in the Drug Manufacturers industry, placing it in the top 7.6%.
Is Jiangsu Hengrui Pharmaceuticals Co's Operating Margin % too high?
Jiangsu Hengrui Pharmaceuticals Co's current Operating Margin % of 31.69% is 30% above median its 10-year median of 24.35. Over the past 10 years, this metric has ranged from a low of 15.72 to a high of 28.12. The Drug Manufacturers industry median Operating Margin % is 7.45. Jiangsu Hengrui Pharmaceuticals Co's value of 31.69% is 325.4% above this industry median. Based on the distribution chart, Jiangsu Hengrui Pharmaceuticals Co ranks #73 out of 955 companies in the Drug Manufacturers industry, which is in the top quartile — a strong position relative to peers. Overall, Jiangsu Hengrui Pharmaceuticals Co has a GF Score™ of 86/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Jiangsu Hengrui Pharmaceuticals Co's Operating Margin % compare to ZTS and UTHR?
According to the Drug Manufacturers industry distribution chart, Jiangsu Hengrui Pharmaceuticals Co ranks #73 out of 955 companies for Operating Margin %. This places Jiangsu Hengrui Pharmaceuticals Co in the top 8% of its industry — outperforming the majority of peers. The industry median Operating Margin % is 7.45. Jiangsu Hengrui Pharmaceuticals Co's value of 31.69% is 325.4% above this benchmark. Historically, Jiangsu Hengrui Pharmaceuticals Co's own Operating Margin % has ranged from 15.72 to 28.12 over the past decade. While the company's 10-year median is 24.35 vs. the industry median of 7.45, Jiangsu Hengrui Pharmaceuticals 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 Drug Manufacturers company?
The median Operating Margin % among Drug Manufacturers companies is 7.45, based on 955 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. Jiangsu Hengrui Pharmaceuticals Co's current Operating Margin % of 31.69% is 325.4% 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 Jiangsu Hengrui Pharmaceuticals Co and its competitors. For the Drug Manufacturers industry, the median Operating Margin % is 7.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Jiangsu Hengrui Pharmaceuticals Co's current Operating Margin % is 31.69%, which is 30% above median its own 10-year median of 24.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jiangsu Hengrui Pharmaceuticals Co stock overvalued right now?
Based on GuruFocus' analysis, Jiangsu Hengrui Pharmaceuticals Co (SHSE:600276) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥60.34, compared to a current price of ¥48.67 — trading 19.3% below its estimated fair value. The current Operating Margin % is 31.69%, which is 30% above median its 10-year median of 24.35 and 325.4% above the Drug Manufacturers industry median of 7.45. Jiangsu Hengrui Pharmaceuticals Co's overall GF Score™ is 86/100 with 1 warning sign 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 Jiangsu Hengrui Pharmaceuticals Co (SHSE:600276), the current Operating Margin % is 31.69% 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 Jiangsu Hengrui Pharmaceuticals Co (SHSE:600276) Overvalued in 2026?

Based on GuruFocus' analysis, Jiangsu Hengrui Pharmaceuticals Co stock appears to be undervalued. The current stock price of ¥48.67 is trading 19.3% below its estimated GF Value™ of ¥60.34. GuruFocus considers Jiangsu Hengrui Pharmaceuticals Co to be Modestly Undervalued.

Key valuation signals for SHSE:600276:

  • Operating Margin %: 31.69% (30% above median its 10-year median of 24.35)
  • GF Value™: ¥60.34 vs. price of ¥48.67 (19.3% below fair value)
  • GF Score™: 86/100 with 1 warning sign
  • Industry Position: 325.4% above the Drug Manufacturers median (#73 of 955)

No single metric tells the full story. See the SHSE:600276 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Jiangsu Hengrui Pharmaceuticals Co Business Description

Address No. 7, Kunlunshan Road, Economic and Technological Development Zone, Jiangsu Province, Lianyugang, CHN, 222000
Jiangsu Hengrui Pharmaceuticals Co Ltd is a biopharmaceutical company that engages in the research, development, manufacture, and sale of drugs. It is engaged in the field of cancer treatment drugs, surgical medicines, endocrine therapy drugs, cardiovascular drugs, and anti-infection medications. The company specializes in the research and development of new medicines in areas of antineoplastics, endocrine system, cardiovascular, and the immune system. Geographically, the company is segmented as Chinese mainland and Other countries generating majority revenue from the Chinese region.
86GF Score

Get the complete analysis for SHSE:600276

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

¥48.67
Price
¥60.34
GF Value