China Three Gorges Renewables (Group) CoSHSE:600905 +0.80%74 Operating Margin % is 34.30% as of Mar. 2026, which is 30% below its 10-year median of 49.28. GuruFocus rates SHSE:600905 with a GF Score™ of 74/100 and a GF Value™ of ¥4.42 (Modestly Undervalued). The stock has 10 warning signs investors should review. Among 417 Utilities - Independent Power Producers companies, China Three Gorges Renewables (Group) Co ranks better than 77.46% on this metric.
SHSE:600905'
s Operating Margin % Range Over the Past 10 Years
Min: 31.5 Med: 49.28 Max: 54.41
Current: 31.5
SHSE:600905's Operating Margin % is ranked better than 77.46% of 417
companies
in the Utilities - Independent Power Producers industry
Industry Median: 13.38
vs SHSE:600905: 31.50
China Three Gorges Renewables (Group) Co (SHSE:600905) 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.
China Three Gorges Renewables (Group) Co Operating Margin % Related Terms
China Three Gorges Renewables (Group) Co Operating Margin % Historical Data
* 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.
China Three Gorges Renewables (Group) Co Operating Margin % Chart
China Three Gorges Renewables (Group) Co Annual Data
China Three Gorges Renewables (Group) Co Operating Margin % Competitor Comparison
For the Utilities - Renewable subindustry, China Three Gorges Renewables (Group) 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.
China Three Gorges Renewables (Group) Co Operating Margin % vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, China Three Gorges Renewables (Group) Co's Operating Margin % distribution charts can be found below:
* The bar in red indicates where China Three Gorges Renewables (Group) Co's Operating Margin % falls into.
China Three Gorges Renewables (Group) 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.
* 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.
China Three Gorges Renewables (Group) Co (SHSE:600905) has a Operating Margin % of 34.30% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on China Three Gorges Renewables (Group) Co and its competitors. This is 30% below median its historical median of 49.28. Over the past decade, China Three Gorges Renewables (Group) Co's Operating Margin % has ranged from 31.50 to 54.41. According to the industry distribution chart, China Three Gorges Renewables (Group) Co ranks #94 out of 417 companies in the Utilities - Independent Power Producers industry, placing it in the top 22.5%.
Is China Three Gorges Renewables (Group) Co's Operating Margin % too high?
China Three Gorges Renewables (Group) Co's current Operating Margin % of 34.30% is 30% below median its 10-year median of 49.28. Over the past 10 years, this metric has ranged from a low of 31.50 to a high of 54.41. The Utilities - Independent Power Producers industry median Operating Margin % is 13.38. China Three Gorges Renewables (Group) Co's value of 34.30% is 156.4% above this industry median. Based on the distribution chart, China Three Gorges Renewables (Group) Co ranks #94 out of 417 companies in the Utilities - Independent Power Producers industry, which is in the top quartile — a strong position relative to peers. Overall, China Three Gorges Renewables (Group) Co has a GF Score™ of 74/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does China Three Gorges Renewables (Group) Co's Operating Margin % compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, China Three Gorges Renewables (Group) Co ranks #94 out of 417 companies for Operating Margin %. This places China Three Gorges Renewables (Group) Co in the top 23% of its industry — outperforming the majority of peers. The industry median Operating Margin % is 13.38. China Three Gorges Renewables (Group) Co's value of 34.30% is 156.4% above this benchmark. Historically, China Three Gorges Renewables (Group) Co's own Operating Margin % has ranged from 31.50 to 54.41 over the past decade. While the company's 10-year median is 49.28 vs. the industry median of 13.38, China Three Gorges Renewables (Group) 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 an Utilities - Independent Power Producers company?
The median Operating Margin % among Utilities - Independent Power Producers companies is 13.38, based on 417 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. China Three Gorges Renewables (Group) Co's current Operating Margin % of 34.30% is 156.4% 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 China Three Gorges Renewables (Group) Co and its competitors. For the Utilities - Independent Power Producers industry, the median Operating Margin % is 13.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China Three Gorges Renewables (Group) Co's current Operating Margin % is 34.30%, which is 30% below median its own 10-year median of 49.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Three Gorges Renewables (Group) Co stock overvalued right now?
Based on GuruFocus' analysis, China Three Gorges Renewables (Group) Co (SHSE:600905) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥4.42, compared to a current price of ¥3.78 — trading 14.5% below its estimated fair value. The current Operating Margin % is 34.30%, which is 30% below median its 10-year median of 49.28 and 156.4% above the Utilities - Independent Power Producers industry median of 13.38. China Three Gorges Renewables (Group) Co's overall GF Score™ is 74/100 with 10 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 China Three Gorges Renewables (Group) Co (SHSE:600905), the current Operating Margin % is 34.30% 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 China Three Gorges Renewables (Group) Co (SHSE:600905) Overvalued in 2026?
Based on GuruFocus' analysis, China Three Gorges Renewables (Group) Co stock appears to be undervalued.
The current stock price of ¥3.78 is trading 14.5% below its estimated GF Value™ of ¥4.42.
GuruFocus considers China Three Gorges Renewables (Group) Co to be Modestly Undervalued.
Key valuation signals for SHSE:600905:
Operating Margin %: 34.30% (30% below median its 10-year median of 49.28)
GF Value™: ¥4.42 vs. price of ¥3.78 (14.5% below fair value)
Industry Position: 156.4% above the Utilities - Independent Power Producers median (#94 of 417)
No single metric tells the full story. See the SHSE:600905 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
China Three Gorges Renewables (Group) Co Business Description
China Three Gorges Renewables is one of China's largest renewable energy producers. The firm operates wind farms, photovoltaic power plants, hydroelectric power plants, and energy storage projects. CTGR has a total generation capacity of about 52.4 gigawatts as of the end of 2025. The firm is also one of the largest offshore wind farm operators in China, with 7.5 GW of installed capacity at the end of 2025. Parent company China Three Gorges, a state-owned enterprise, owns approximately 52.3% of CTGR's issued shares as of the end of 2025.
74GF Score
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