China Publishing & Media Holdings Co (SHSE:601949) Operating Margin %: -17.18% (As of Mar. 2026)

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SHSE:601949 China Publishing & Media Holdings Co Ltd SHSE:601949
73 GF Score
Price ¥4.81
GF Value ¥6.29
Valuation Modestly Undervalued
! 5 Warning Signs
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What is China Publishing & Media Holdings Co Operating Margin %?

China Publishing & Media Holdings Co SHSE:601949 -0.21% 73 Operating Margin % is -17.18% as of Mar. 2026. GuruFocus rates SHSE:601949 with a GF Score™ of 73/100 and a GF Value™ of ¥6.29 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 1,013 Media - Diversified companies, China Publishing & Media Holdings Co ranks better than 75.81% on this metric.

Operating Margin % is calculated as Operating Income divided by its Revenue. China Publishing & Media Holdings Co's Operating Income for the three months ended in Mar. 2026 was ¥-119 Mil. China Publishing & Media Holdings Co's Revenue for the three months ended in Mar. 2026 was ¥693 Mil. Therefore, China Publishing & Media Holdings Co's Operating Margin % for the quarter that ended in Mar. 2026 was -17.18%.

Warning Sign:

China Publishing & Media Holdings Co Ltd operating margin has been in a 5-year decline. The average rate of decline per year is -5.7%.

The historical rank and industry rank for China Publishing & Media Holdings Co's Operating Margin % or its related term are showing as below:

SHSE:601949' s Operating Margin % Range Over the Past 10 Years
Min: 6.06   Med: 12.12   Max: 15.82
Current: 10.5


SHSE:601949's Operating Margin % is ranked better than
75.81% of 1013 companies
in the Media - Diversified industry
Industry Median: 2.42 vs SHSE:601949: 10.50

China Publishing & Media Holdings Co's 5-Year Average Operating Margin % Growth Rate was -5.70% per year.

China Publishing & Media Holdings Co's Operating Income for the three months ended in Mar. 2026 was ¥-119 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was ¥547 Mil.


China Publishing & Media Holdings Co  (SHSE:601949) 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.


China Publishing & Media Holdings Co Operating Margin % Related Terms


China Publishing & Media Holdings Co Operating Margin % Historical Data

* Premium members only.

The historical data trend for China Publishing & Media Holdings 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.

China Publishing & Media Holdings Co Operating Margin % Chart

China Publishing & Media Holdings 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 14.45 11.77 12.22 12.04 11.63

China Publishing & Media Holdings 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 -5.56 13.22 8.88 18.74 -17.18

SHSE:601949 vs NYT, WLY: Operating Margin % Comparison

For the Publishing subindustry, China Publishing & Media Holdings 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 Publishing & Media Holdings Co Operating Margin % vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, China Publishing & Media Holdings Co's Operating Margin % distribution charts can be found below:

* The bar in red indicates where China Publishing & Media Holdings Co's Operating Margin % falls into.


SHSE:601949
73GF Score
China Publishing & Media Holdings Co Ltd SHSE:601949
Operating Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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China Publishing & Media Holdings 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.

China Publishing & Media Holdings 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 )
=620.157 / 5334.065
=11.63 %

China Publishing & Media Holdings 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 )
=-119.018 / 692.895
=-17.18 %

* 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 -17.18% mean?
China Publishing & Media Holdings Co (SHSE:601949) has a Operating Margin % of -17.18% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on China Publishing & Media Holdings Co and its competitors. Over the past decade, China Publishing & Media Holdings Co's Operating Margin % has ranged from 6.06 to 15.82. According to the industry distribution chart, China Publishing & Media Holdings Co ranks #245 out of 1013 companies in the Media - Diversified industry, placing it in the top 24.2%.
Is China Publishing & Media Holdings Co's Operating Margin % too high?
China Publishing & Media Holdings Co's current Operating Margin % is -17.18%. Over the past 10 years, this metric has ranged from a low of 6.06 to a high of 15.82. Based on the distribution chart, China Publishing & Media Holdings Co ranks #245 out of 1013 companies in the Media - Diversified industry, which is in the top quartile — a strong position relative to peers. Overall, China Publishing & Media Holdings Co has a GF Score™ of 73/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does China Publishing & Media Holdings Co's Operating Margin % compare to NYT and WLY?
According to the Media - Diversified industry distribution chart, China Publishing & Media Holdings Co ranks #245 out of 1013 companies for Operating Margin %. This places China Publishing & Media Holdings Co in the top 24% of its industry — outperforming the majority of peers. The industry median Operating Margin % is 2.42. Historically, China Publishing & Media Holdings Co's own Operating Margin % has ranged from 6.06 to 15.82 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 a Media - Diversified company?
The median Operating Margin % among Media - Diversified companies is 2.42, based on 1,013 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 China Publishing & Media Holdings Co and its competitors. For the Media - Diversified industry, the median Operating Margin % is 2.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China Publishing & Media Holdings Co's current Operating Margin % is -17.18%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Publishing & Media Holdings Co stock overvalued right now?
Based on GuruFocus' analysis, China Publishing & Media Holdings Co (SHSE:601949) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥6.29, compared to a current price of ¥4.81 — trading 23.5% below its estimated fair value. The current Operating Margin % is -17.18%. China Publishing & Media Holdings Co's overall GF Score™ is 73/100 with 5 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 Publishing & Media Holdings Co (SHSE:601949), the current Operating Margin % is -17.18% 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 Publishing & Media Holdings Co (SHSE:601949) Overvalued in 2026?

Based on GuruFocus' analysis, China Publishing & Media Holdings Co stock appears to be undervalued. The current stock price of ¥4.81 is trading 23.5% below its estimated GF Value™ of ¥6.29. GuruFocus considers China Publishing & Media Holdings Co to be Modestly Undervalued.

Key valuation signals for SHSE:601949:

  • Operating Margin %: -17.18%
  • GF Value™: ¥6.29 vs. price of ¥4.81 (23.5% below fair value)
  • GF Score™: 73/100 with 5 warning signs

No single metric tells the full story. See the SHSE:601949 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


China Publishing & Media Holdings Co Business Description

Address No. 55, Chaoyangmennei Street, Dongcheng District, Beijing, CHN, 100010
China Publishing & Media Holdings Co Ltd is a specialized and large-scale publishing group. The company's publishing business mainly includes book publishing, newspaper publishing, electronic audio and video publishing and related copyright business.
73GF Score

Get the complete analysis for SHSE:601949

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

¥4.81
Price
¥6.29
GF Value