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Shenzhen Expressway (SHSE:600548) Operating Margin % : 32.04% (As of Mar. 2025)


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What is Shenzhen Expressway Operating Margin %?

Operating Margin % is calculated as Operating Income divided by its Revenue. Shenzhen Expressway's Operating Income for the three months ended in Mar. 2025 was ¥568 Mil. Shenzhen Expressway's Revenue for the three months ended in Mar. 2025 was ¥1,772 Mil. Therefore, Shenzhen Expressway's Operating Margin % for the quarter that ended in Mar. 2025 was 32.04%.

Warning Sign:

Shenzhen Expressway Corp Ltd operating margin has been in a 5-year decline. The average rate of decline per year is -4.8%.

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

SHSE:600548' s Operating Margin % Range Over the Past 10 Years
Min: 25.75   Med: 33.61   Max: 45.98
Current: 25.94


SHSE:600548's Operating Margin % is ranked better than
94.61% of 1727 companies
in the Construction industry
Industry Median: 5.37 vs SHSE:600548: 25.94

Shenzhen Expressway's 5-Year Average Operating Margin % Growth Rate was -4.80% per year.

Shenzhen Expressway's Operating Income for the three months ended in Mar. 2025 was ¥568 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2025 was ¥2,329 Mil.


Shenzhen Expressway Operating Margin % Historical Data

The historical data trend for Shenzhen Expressway'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.

* Premium members only.

Shenzhen Expressway Operating Margin % Chart

Shenzhen Expressway Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Operating Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 28.87 28.07 26.51 30.27 25.75

Shenzhen Expressway Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 30.38 35.93 33.67 12.88 32.04

Competitive Comparison of Shenzhen Expressway's Operating Margin %

For the Infrastructure Operations subindustry, Shenzhen Expressway'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.


Shenzhen Expressway's Operating Margin % Distribution in the Construction Industry

For the Construction industry and Industrials sector, Shenzhen Expressway's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Shenzhen Expressway's Operating Margin % falls into.


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Shenzhen Expressway 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.

Shenzhen Expressway's Operating Margin % for the fiscal year that ended in Dec. 2024 is calculated as

Operating Margin %=Operating Income (A: Dec. 2024 ) / Revenue (A: Dec. 2024 )
=2380.805 / 9245.691
=25.75 %

Shenzhen Expressway's Operating Margin % for the quarter that ended in Mar. 2025 is calculated as

Operating Margin %=Operating Income (Q: Mar. 2025 ) / Revenue (Q: Mar. 2025 )
=567.69 / 1771.765
=32.04 %

* 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.


Shenzhen Expressway  (SHSE:600548) 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.


Shenzhen Expressway Operating Margin % Related Terms

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Shenzhen Expressway Business Description

Traded in Other Exchanges
Address
Shennan Avenue, Yuehai Street, Hanking Center Tower No. 9968, 46th Floor, Nanshan District, Shenzhen, CHN, 518057
Shenzhen Expressway Corp Ltd is a Company engaged in the construction, operation, management, and investment of toll highways and environmental protection in China. Environmental protection mainly includes recycling and treating solid waste and clean energy power generation. The group has identified two reporting segments, namely the toll road segment and the environmental protection segment. The toll road segment takes charge of the operation and management of toll roads in Mainland China. The environmental protection segment operates and manages environmentally related infrastructure, mainly including solid waste treatment, clean energy, and other related fields. The majority of its revenue is derived from the Toll segment.

Shenzhen Expressway Headlines

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