The historical rank and industry rank for Zhejiang Meilun Elevator Co's Operating Margin % or its related term are showing as below:
SHSE:603321'
s Operating Margin % Range Over the Past 10 Years
Min: 2.25 Med: 5.38 Max: 13.01
Current: 2.43
SHSE:603321's Operating Margin % is ranked worse than 69.28% of 3031
companies
in the Industrial Products industry
Industry Median: 6.53
vs SHSE:603321: 2.43
Zhejiang Meilun Elevator Co (SHSE:603321) 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.
Zhejiang Meilun Elevator Co Operating Margin % Related Terms
Zhejiang Meilun Elevator 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.
Zhejiang Meilun Elevator Co Operating Margin % Chart
SHSE:603321 vs GEV, ETN, PH: Operating Margin % Comparison
For the Specialty Industrial Machinery subindustry, Zhejiang Meilun Elevator 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.
Zhejiang Meilun Elevator Co Operating Margin % vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Zhejiang Meilun Elevator Co's Operating Margin % distribution charts can be found below:
* The bar in red indicates where Zhejiang Meilun Elevator Co's Operating Margin % falls into.
Zhejiang Meilun Elevator 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.
Zhejiang Meilun Elevator Co's Operating Margin % for the fiscal year that ended in Dec. 2025 is calculated as
* 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.
Zhejiang Meilun Elevator Co (SHSE:603321) has a Operating Margin % of -3.64% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on Zhejiang Meilun Elevator Co and its competitors. Over the past decade, Zhejiang Meilun Elevator Co's Operating Margin % has ranged from 2.25 to 13.01. According to the industry distribution chart, Zhejiang Meilun Elevator Co ranks #2100 out of 3031 companies in the Industrial Products industry, placing it in the top 69.3%.
Is Zhejiang Meilun Elevator Co's Operating Margin % too high?
Zhejiang Meilun Elevator Co's current Operating Margin % is -3.64%. Over the past 10 years, this metric has ranged from a low of 2.25 to a high of 13.01. Based on the distribution chart, Zhejiang Meilun Elevator Co ranks #2100 out of 3031 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Zhejiang Meilun Elevator Co has a GF Score™ of 59/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Zhejiang Meilun Elevator Co's Operating Margin % compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Zhejiang Meilun Elevator Co ranks #2100 out of 3031 companies for Operating Margin %. This places Zhejiang Meilun Elevator Co in the lower half of its industry. The industry median Operating Margin % is 6.53. Historically, Zhejiang Meilun Elevator Co's own Operating Margin % has ranged from 2.25 to 13.01 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 Industrial Products company?
The median Operating Margin % among Industrial Products companies is 6.53, based on 3,031 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 Zhejiang Meilun Elevator Co and its competitors. For the Industrial Products industry, the median Operating Margin % is 6.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zhejiang Meilun Elevator Co's current Operating Margin % is -3.64%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhejiang Meilun Elevator Co stock overvalued right now?
Based on GuruFocus' analysis, Zhejiang Meilun Elevator Co (SHSE:603321) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥5.28, compared to a current price of ¥5.86 — trading 11% above its estimated fair value. The current Operating Margin % is -3.64%. Zhejiang Meilun Elevator Co's overall GF Score™ is 59/100 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 Zhejiang Meilun Elevator Co (SHSE:603321), the current Operating Margin % is -3.64% 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 Zhejiang Meilun Elevator Co (SHSE:603321) Overvalued in 2026?
Based on GuruFocus' analysis, Zhejiang Meilun Elevator Co stock appears to be overvalued.
The current stock price of ¥5.86 is trading 11% above its estimated GF Value™ of ¥5.28.
GuruFocus considers Zhejiang Meilun Elevator Co to be Modestly Overvalued.
Key valuation signals for SHSE:603321:
Operating Margin %: -3.64%
GF Value™: ¥5.28 vs. price of ¥5.86 (11% above fair value)
No single metric tells the full story. See the SHSE:603321 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Zhejiang Meilun Elevator Co Ltd operates in the elevator industrial field. The company is mainly engaged in the production and sales of passenger elevators, escalators, moving walkways, and accessory parts, installation and maintenance of the whole product. The main products include passenger elevators, freight elevators, medical ladders, sightseeing ladders, escalators, automatic sidewalks, three-dimensional garages, and accessories. The products are widely used in residential areas, shopping malls, hotels, and public facilities.
59GF Score
Get the complete analysis for SHSE:603321
Operating Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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