Chongqing Gas Group (SHSE:600917) Operating Margin %: -2.10% (As of Mar. 2026)

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SHSE:600917 Chongqing Gas Group Corporation Ltd SHSE:600917
67 GF Score
Price ¥4.79
GF Value ¥5.58
Valuation Modestly Undervalued
! 6 Warning Signs
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What is Chongqing Gas Group Operating Margin %?

Chongqing Gas Group SHSE:600917 +0.21% 67 Operating Margin % is -2.10% as of Mar. 2026. GuruFocus rates SHSE:600917 with a GF Score™ of 67/100 and a GF Value™ of ¥5.58 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 499 Utilities - Regulated companies, Chongqing Gas Group ranks worse than 87.17% on this metric.

Operating Margin % is calculated as Operating Income divided by its Revenue. Chongqing Gas Group's Operating Income for the three months ended in Mar. 2026 was ¥-55 Mil. Chongqing Gas Group's Revenue for the three months ended in Mar. 2026 was ¥2,627 Mil. Therefore, Chongqing Gas Group's Operating Margin % for the quarter that ended in Mar. 2026 was -2.10%.

Warning Sign:

Chongqing Gas Group Corporation Ltd operating margin has been in a 5-year decline. The average rate of decline per year is -15%.

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

SHSE:600917' s Operating Margin % Range Over the Past 10 Years
Min: 1.96   Med: 4.93   Max: 6.99
Current: 1.96


SHSE:600917's Operating Margin % is ranked worse than
87.17% of 499 companies
in the Utilities - Regulated industry
Industry Median: 14.85 vs SHSE:600917: 1.96

Chongqing Gas Group's 5-Year Average Operating Margin % Growth Rate was -15.00% per year.

Chongqing Gas Group's Operating Income for the three months ended in Mar. 2026 was ¥-55 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was ¥200 Mil.


Chongqing Gas Group  (SHSE:600917) 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.


Chongqing Gas Group Operating Margin % Related Terms


Chongqing Gas Group Operating Margin % Historical Data

* Premium members only.

The historical data trend for Chongqing Gas Group'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.

Chongqing Gas Group Operating Margin % Chart

Chongqing Gas Group 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 4.59 3.78 3.80 3.85 2.01

Chongqing Gas Group 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 -1.71 6.58 1.17 2.29 -2.10

SHSE:600917 vs ATO, NI: Operating Margin % Comparison

For the Utilities - Regulated Gas subindustry, Chongqing Gas Group'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.


Chongqing Gas Group Operating Margin % vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Chongqing Gas Group's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Chongqing Gas Group's Operating Margin % falls into.


SHSE:600917
67GF Score
Chongqing Gas Group Corporation Ltd SHSE:600917
Operating Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Chongqing Gas Group 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.

Chongqing Gas Group'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 )
=207.63 / 10305.18
=2.01 %

Chongqing Gas Group'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 )
=-55.092 / 2626.7
=-2.10 %

* 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 -2.10% mean?
Chongqing Gas Group (SHSE:600917) has a Operating Margin % of -2.10% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on Chongqing Gas Group and its competitors. Over the past decade, Chongqing Gas Group's Operating Margin % has ranged from 1.96 to 6.99. According to the industry distribution chart, Chongqing Gas Group ranks #435 out of 499 companies in the Utilities - Regulated industry, placing it in the top 87.2%.
Is Chongqing Gas Group's Operating Margin % too high?
Chongqing Gas Group's current Operating Margin % is -2.10%. Over the past 10 years, this metric has ranged from a low of 1.96 to a high of 6.99. Based on the distribution chart, Chongqing Gas Group ranks #435 out of 499 companies in the Utilities - Regulated industry, which is in the bottom quartile relative to peers. Overall, Chongqing Gas Group has a GF Score™ of 67/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Chongqing Gas Group's Operating Margin % compare to ATO and NI?
According to the Utilities - Regulated industry distribution chart, Chongqing Gas Group ranks #435 out of 499 companies for Operating Margin %. This places Chongqing Gas Group in the lower half of its industry. The industry median Operating Margin % is 14.85. Historically, Chongqing Gas Group's own Operating Margin % has ranged from 1.96 to 6.99 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 - Regulated company?
The median Operating Margin % among Utilities - Regulated companies is 14.85, based on 499 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 Chongqing Gas Group and its competitors. For the Utilities - Regulated industry, the median Operating Margin % is 14.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Chongqing Gas Group's current Operating Margin % is -2.10%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chongqing Gas Group stock overvalued right now?
Based on GuruFocus' analysis, Chongqing Gas Group (SHSE:600917) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥5.58, compared to a current price of ¥4.79 — trading 14.2% below its estimated fair value. The current Operating Margin % is -2.10%. Chongqing Gas Group's overall GF Score™ is 67/100 with 6 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 Chongqing Gas Group (SHSE:600917), the current Operating Margin % is -2.10% 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 Chongqing Gas Group (SHSE:600917) Overvalued in 2026?

Based on GuruFocus' analysis, Chongqing Gas Group stock appears to be undervalued. The current stock price of ¥4.79 is trading 14.2% below its estimated GF Value™ of ¥5.58. GuruFocus considers Chongqing Gas Group to be Modestly Undervalued.

Key valuation signals for SHSE:600917:

  • Operating Margin %: -2.10%
  • GF Value™: ¥5.58 vs. price of ¥4.79 (14.2% below fair value)
  • GF Score™: 67/100 with 6 warning signs

No single metric tells the full story. See the SHSE:600917 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Chongqing Gas Group Business Description

Address Jiangbei District Court, a small village on the 30th, Chongqing, CHN, 400020
Chongqing Gas Group Corporation Ltd engages in the design, manufacture, installation, maintenance, sale, management, and technical consultation of gas supply and pipe network in China. It also supplies, transport, storage, distributes, and sale gas. The company engages in the supply of heating, cooling, and cogeneration; pipe anti-corrosion processing; and gas appliance sales and other business operations.
67GF Score

Get the complete analysis for SHSE:600917

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

¥4.79
Price
¥5.58
GF Value