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Changbai Mountain Tourism CoSHSE:603099 +2.39%73 Operating Margin % is 7.31% as of Mar. 2026, which is 68% below its 10-year median of 22.84. GuruFocus rates SHSE:603099 with a GF Score™ of 73/100 and a GF Value™ of ¥36.16 (Fairly Valued). The stock has 1 warning sign investors should review. Among 842 Travel & Leisure companies, Changbai Mountain Tourism Co ranks better than 83.85% on this metric.
The historical rank and industry rank for Changbai Mountain Tourism Co's Operating Margin % or its related term are showing as below:
SHSE:603099'
s Operating Margin % Range Over the Past 10 Years
Min: -42.49 Med: 22.84 Max: 33.44
Current: 22.84
SHSE:603099's Operating Margin % is ranked better than 83.85% of 842
companies
in the Travel & Leisure industry
Industry Median: 8
vs SHSE:603099: 22.84
Changbai Mountain Tourism Co (SHSE:603099) 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.
Changbai Mountain Tourism Co Operating Margin % Related Terms
Changbai Mountain Tourism 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.
Changbai Mountain Tourism Co Operating Margin % Chart
SHSE:603099 vs BKNG, ABNB, RCL: Operating Margin % Comparison
For the Travel Services subindustry, Changbai Mountain Tourism 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.
Changbai Mountain Tourism Co Operating Margin % vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Changbai Mountain Tourism Co's Operating Margin % distribution charts can be found below:
* The bar in red indicates where Changbai Mountain Tourism Co's Operating Margin % falls into.
Changbai Mountain Tourism 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.
Changbai Mountain Tourism Co (SHSE:603099) has a Operating Margin % of 7.31% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on Changbai Mountain Tourism Co and its competitors. This is 68% below median its historical median of 22.84. According to the industry distribution chart, Changbai Mountain Tourism Co ranks #136 out of 842 companies in the Travel & Leisure industry, placing it in the top 16.2%.
Is Changbai Mountain Tourism Co's Operating Margin % too high?
Changbai Mountain Tourism Co's current Operating Margin % of 7.31% is 68% below median its 10-year median of 22.84. The Travel & Leisure industry median Operating Margin % is 8.00. Changbai Mountain Tourism Co's value of 7.31% is 8.6% below this industry median. Based on the distribution chart, Changbai Mountain Tourism Co ranks #136 out of 842 companies in the Travel & Leisure industry, which is in the top quartile — a strong position relative to peers. Overall, Changbai Mountain Tourism Co has a GF Score™ of 73/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Changbai Mountain Tourism Co's Operating Margin % compare to BKNG and ABNB?
According to the Travel & Leisure industry distribution chart, Changbai Mountain Tourism Co ranks #136 out of 842 companies for Operating Margin %. This places Changbai Mountain Tourism Co in the top 16% of its industry — outperforming the majority of peers. The industry median Operating Margin % is 8.00. Changbai Mountain Tourism Co's value of 7.31% is 8.6% below this benchmark. While the company's 10-year median is 22.84 vs. the industry median of 8.00, Changbai Mountain Tourism 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 a Travel & Leisure company?
The median Operating Margin % among Travel & Leisure companies is 8.00, based on 842 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. Changbai Mountain Tourism Co's current Operating Margin % of 7.31% is 8.6% 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 Changbai Mountain Tourism Co and its competitors. For the Travel & Leisure industry, the median Operating Margin % is 8.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Changbai Mountain Tourism Co's current Operating Margin % is 7.31%, which is 68% below median its own 10-year median of 22.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Changbai Mountain Tourism Co stock overvalued right now?
Based on GuruFocus' analysis, Changbai Mountain Tourism Co (SHSE:603099) is currently considered Fairly Valued. The stock's GF Value™ is ¥36.16, compared to a current price of ¥37.76 — trading 4.4% above its estimated fair value. The current Operating Margin % is 7.31%, which is 68% below median its 10-year median of 22.84 and 8.6% below the Travel & Leisure industry median of 8.00. Changbai Mountain Tourism Co's overall GF Score™ is 73/100 with 1 warning sign 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 Changbai Mountain Tourism Co (SHSE:603099), the current Operating Margin % is 7.31% 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 Changbai Mountain Tourism Co (SHSE:603099) Overvalued in 2026?
Based on GuruFocus' analysis, Changbai Mountain Tourism Co stock appears to be overvalued.
The current stock price of ¥37.76 is trading 4.4% above its estimated GF Value™ of ¥36.16.
GuruFocus considers Changbai Mountain Tourism Co to be Fairly Valued.
Key valuation signals for SHSE:603099:
Operating Margin %: 7.31% (68% below median its 10-year median of 22.84)
GF Value™: ¥36.16 vs. price of ¥37.76 (4.4% above fair value)
Industry Position: 8.6% below the Travel & Leisure median (#136 of 842)
No single metric tells the full story. See the SHSE:603099 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Changbai Mountain Tourism Co Ltd is a travel agency company. It is mainly engaged in tourism passenger transport, hotel management, travel agencies and hot spring water development and utilization business.
73GF Score
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