Hengtong Logistic Co (SHSE:603223) Operating Margin %: 32.16% (As of Mar. 2026) — 986% Above Median

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SHSE:603223 Hengtong Logistic Co Ltd SHSE:603223
61 GF Score
Price ¥10.46
GF Value ¥7.32
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is Hengtong Logistic Co Operating Margin %?

Hengtong Logistic Co SHSE:603223 -0.38% 61 Operating Margin % is 32.16% as of Mar. 2026, which is 986% above its 10-year median of 2.96. GuruFocus rates SHSE:603223 with a GF Score™ of 61/100 and a GF Value™ of ¥7.32 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 1,004 Transportation companies, Hengtong Logistic Co ranks better than 87.75% on this metric.

Operating Margin % is calculated as Operating Income divided by its Revenue. Hengtong Logistic Co's Operating Income for the three months ended in Mar. 2026 was ¥109 Mil. Hengtong Logistic Co's Revenue for the three months ended in Mar. 2026 was ¥338 Mil. Therefore, Hengtong Logistic Co's Operating Margin % for the quarter that ended in Mar. 2026 was 32.16%.

Good Sign:

Hengtong Logistic Co Ltd operating margin is expanding. Margin expansion is usually a good sign.

The historical rank and industry rank for Hengtong Logistic Co's Operating Margin % or its related term are showing as below:

SHSE:603223' s Operating Margin % Range Over the Past 10 Years
Min: 0.29   Med: 2.96   Max: 27.64
Current: 27.64


SHSE:603223's Operating Margin % is ranked better than
87.75% of 1004 companies
in the Transportation industry
Industry Median: 6.985 vs SHSE:603223: 27.64

Hengtong Logistic Co's 5-Year Average Operating Margin % Growth Rate was 56.30% per year.

Hengtong Logistic Co's Operating Income for the three months ended in Mar. 2026 was ¥109 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was ¥383 Mil.


Hengtong Logistic Co  (SHSE:603223) 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.


Hengtong Logistic Co Operating Margin % Related Terms


Hengtong Logistic Co Operating Margin % Historical Data

* Premium members only.

The historical data trend for Hengtong Logistic 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.

Hengtong Logistic Co Operating Margin % Chart

Hengtong Logistic 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 1.52 1.34 2.69 9.23 24.00

Hengtong Logistic 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 16.70 18.60 23.20 38.53 32.16

SHSE:603223 vs ODFL, XPO, KNX: Operating Margin % Comparison

For the Trucking subindustry, Hengtong Logistic 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.


Hengtong Logistic Co Operating Margin % vs Transportation Industry

For the Transportation industry and Industrials sector, Hengtong Logistic Co's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Hengtong Logistic Co's Operating Margin % falls into.


SHSE:603223
61GF Score
Hengtong Logistic Co Ltd SHSE:603223
Operating Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hengtong Logistic 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.

Hengtong Logistic 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 )
=326.527 / 1360.521
=24.00 %

Hengtong Logistic 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 )
=108.659 / 337.819
=32.16 %

* 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 32.16% mean?
Hengtong Logistic Co (SHSE:603223) has a Operating Margin % of 32.16% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on Hengtong Logistic Co and its competitors. This is 986% above median its historical median of 2.96. Over the past decade, Hengtong Logistic Co's Operating Margin % has ranged from 0.29 to 27.64. According to the industry distribution chart, Hengtong Logistic Co ranks #123 out of 1004 companies in the Transportation industry, placing it in the top 12.3%.
Is Hengtong Logistic Co's Operating Margin % too high?
Hengtong Logistic Co's current Operating Margin % of 32.16% is 986% above median its 10-year median of 2.96. Over the past 10 years, this metric has ranged from a low of 0.29 to a high of 27.64. The Transportation industry median Operating Margin % is 6.99. Hengtong Logistic Co's value of 32.16% is 360.4% above this industry median. Based on the distribution chart, Hengtong Logistic Co ranks #123 out of 1004 companies in the Transportation industry, which is in the top quartile — a strong position relative to peers. Overall, Hengtong Logistic Co has a GF Score™ of 61/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hengtong Logistic Co's Operating Margin % compare to ODFL and XPO?
According to the Transportation industry distribution chart, Hengtong Logistic Co ranks #123 out of 1004 companies for Operating Margin %. This places Hengtong Logistic Co in the top 12% of its industry — outperforming the majority of peers. The industry median Operating Margin % is 6.99. Hengtong Logistic Co's value of 32.16% is 360.4% above this benchmark. Historically, Hengtong Logistic Co's own Operating Margin % has ranged from 0.29 to 27.64 over the past decade. While the company's 10-year median is 2.96 vs. the industry median of 6.99, Hengtong Logistic 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 a Transportation company?
The median Operating Margin % among Transportation companies is 6.99, based on 1,004 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. Hengtong Logistic Co's current Operating Margin % of 32.16% is 360.4% 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 Hengtong Logistic Co and its competitors. For the Transportation industry, the median Operating Margin % is 6.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hengtong Logistic Co's current Operating Margin % is 32.16%, which is 986% above median its own 10-year median of 2.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hengtong Logistic Co stock overvalued right now?
Based on GuruFocus' analysis, Hengtong Logistic Co (SHSE:603223) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥7.32, compared to a current price of ¥10.46 — trading 42.9% above its estimated fair value. The current Operating Margin % is 32.16%, which is 986% above median its 10-year median of 2.96 and 360.4% above the Transportation industry median of 6.99. Hengtong Logistic Co's overall GF Score™ is 61/100 with 3 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 Hengtong Logistic Co (SHSE:603223), the current Operating Margin % is 32.16% 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 Hengtong Logistic Co (SHSE:603223) Overvalued in 2026?

Based on GuruFocus' analysis, Hengtong Logistic Co stock appears to be overvalued. The current stock price of ¥10.46 is trading 42.9% above its estimated GF Value™ of ¥7.32. GuruFocus considers Hengtong Logistic Co to be Significantly Overvalued.

Key valuation signals for SHSE:603223:

  • Operating Margin %: 32.16% (986% above median its 10-year median of 2.96)
  • GF Value™: ¥7.32 vs. price of ¥10.46 (42.9% above fair value)
  • GF Score™: 61/100 with 3 warning signs
  • Industry Position: 360.4% above the Transportation median (#123 of 1004)

No single metric tells the full story. See the SHSE:603223 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hengtong Logistic Co Business Description

Address Export-oriented Economic Development Zone Hengtong Logistics Park, Tuchengzi Village, Longkou, CHN, 265716
Hengtong Logistic Co Ltd is an automotive freight transportation logistics company. It provides services including road freight transport, heavy truck sales and vehicle maintenance, vehicle transportation, lifting, port storage and driver training. It consists of three patterns: physical logistics, clean energy, and internet logistics.
61GF Score

Get the complete analysis for SHSE:603223

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

¥10.46
Price
¥7.32
GF Value