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ENN Natural Gas CoSHSE:600803 +4.44%66 Operating Margin % is 7.81% as of Mar. 2026, which is 33% below its 10-year median of 11.65. GuruFocus rates SHSE:600803 with a GF Score™ of 66/100 and a GF Value™ of ¥17.88 (Fairly Valued). The stock has 4 warning signs investors should review. Among 498 Utilities - Regulated companies, ENN Natural Gas Co ranks worse than 63.86% on this metric.
ENN Natural Gas Co Ltd operating margin has been in a 5-year decline. The average rate of decline per year is -6.5%.
The historical rank and industry rank for ENN Natural Gas Co's Operating Margin % or its related term are showing as below:
SHSE:600803'
s Operating Margin % Range Over the Past 10 Years
Min: 9.2 Med: 11.65 Max: 16.58
Current: 9.35
SHSE:600803's Operating Margin % is ranked worse than 63.86% of 498
companies
in the Utilities - Regulated industry
Industry Median: 14.8
vs SHSE:600803: 9.35
ENN Natural Gas Co's 5-Year Average Operating Margin % Growth Rate was -6.50% per year.
ENN Natural Gas Co (SHSE:600803) 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.
ENN Natural Gas Co Operating Margin % Related Terms
ENN Natural Gas Co Operating Margin % Historical Data
* Premium members only.
The historical data trend for ENN Natural Gas 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.
SHSE:600803 vs ATO, NI: Operating Margin % Comparison
For the Utilities - Regulated Gas subindustry, ENN Natural Gas 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.
ENN Natural Gas Co Operating Margin % vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, ENN Natural Gas Co's Operating Margin % distribution charts can be found below:
* The bar in red indicates where ENN Natural Gas Co's Operating Margin % falls into.
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.
ENN Natural Gas 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.
ENN Natural Gas Co (SHSE:600803) has a Operating Margin % of 7.81% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on ENN Natural Gas Co and its competitors. This is 33% below median its historical median of 11.65. Over the past decade, ENN Natural Gas Co's Operating Margin % has ranged from 9.20 to 16.58. According to the industry distribution chart, ENN Natural Gas Co ranks #318 out of 498 companies in the Utilities - Regulated industry, placing it in the top 63.9%.
Is ENN Natural Gas Co's Operating Margin % too high?
ENN Natural Gas Co's current Operating Margin % of 7.81% is 33% below median its 10-year median of 11.65. Over the past 10 years, this metric has ranged from a low of 9.20 to a high of 16.58. The Utilities - Regulated industry median Operating Margin % is 14.80. ENN Natural Gas Co's value of 7.81% is 47.2% below this industry median. Based on the distribution chart, ENN Natural Gas Co ranks #318 out of 498 companies in the Utilities - Regulated industry, which is below the industry midpoint. Overall, ENN Natural Gas Co has a GF Score™ of 66/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does ENN Natural Gas Co's Operating Margin % compare to ATO and NI?
According to the Utilities - Regulated industry distribution chart, ENN Natural Gas Co ranks #318 out of 498 companies for Operating Margin %. This places ENN Natural Gas Co in the lower half of its industry. The industry median Operating Margin % is 14.80. ENN Natural Gas Co's value of 7.81% is 47.2% below this benchmark. Historically, ENN Natural Gas Co's own Operating Margin % has ranged from 9.20 to 16.58 over the past decade. While the company's 10-year median is 11.65 vs. the industry median of 14.80, ENN Natural Gas Co has consistently been below 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 an Utilities - Regulated company?
The median Operating Margin % among Utilities - Regulated companies is 14.80, based on 498 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. ENN Natural Gas Co's current Operating Margin % of 7.81% is 47.2% below 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 ENN Natural Gas Co and its competitors. For the Utilities - Regulated industry, the median Operating Margin % is 14.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ENN Natural Gas Co's current Operating Margin % is 7.81%, which is 33% below median its own 10-year median of 11.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ENN Natural Gas Co stock overvalued right now?
Based on GuruFocus' analysis, ENN Natural Gas Co (SHSE:600803) is currently considered Fairly Valued. The stock's GF Value™ is ¥17.88, compared to a current price of ¥17.86 — trading 0.1% below its estimated fair value. The current Operating Margin % is 7.81%, which is 33% below median its 10-year median of 11.65 and 47.2% below the Utilities - Regulated industry median of 14.80. ENN Natural Gas Co's overall GF Score™ is 66/100 with 4 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 ENN Natural Gas Co (SHSE:600803), the current Operating Margin % is 7.81% 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 ENN Natural Gas Co (SHSE:600803) Overvalued in 2026?
Based on GuruFocus' analysis, ENN Natural Gas Co stock appears to be undervalued.
The current stock price of ¥17.86 is trading 0.1% below its estimated GF Value™ of ¥17.88.
GuruFocus considers ENN Natural Gas Co to be Fairly Valued.
Key valuation signals for SHSE:600803:
Operating Margin %: 7.81% (33% below median its 10-year median of 11.65)
GF Value™: ¥17.88 vs. price of ¥17.86 (0.1% below fair value)
Industry Position: 47.2% below the Utilities - Regulated median (#318 of 498)
No single metric tells the full story. See the SHSE:600803 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
ENN Natural Gas Co Ltd is a natural gas distributor. The company has formed four divisions, namely natural gas sales, integrated energy services, energy trade, and energy transmission and distribution. Its products include natural gas, coal, methanol, Dimethyl ether, Double junction silicon-based thin film solar panel, Ubiquitous energy efficiency platform, and Micro gas turbine.
66GF Score
Get the complete analysis for SHSE:600803
Operating Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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