Opple Lighting Co (SHSE:603515) Operating Margin %: 9.43% (As of Mar. 2026) — 12% Below Median

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SHSE:603515 Opple Lighting Co Ltd SHSE:603515
84 GF Score
Price ¥17.36
GF Value ¥18.01
Valuation Fairly Valued
! 2 Warning Signs
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What is Opple Lighting Co Operating Margin %?

Opple Lighting Co SHSE:603515 +0.99% 84 Operating Margin % is 9.43% as of Mar. 2026, which is 12% below its 10-year median of 10.77. GuruFocus rates SHSE:603515 with a GF Score™ of 84/100 and a GF Value™ of ¥18.01 (Fairly Valued). The stock has 2 warning signs investors should review. Among 431 Furnishings, Fixtures & Appliances companies, Opple Lighting Co ranks better than 88.86% on this metric.

Operating Margin % is calculated as Operating Income divided by its Revenue. Opple Lighting Co's Operating Income for the three months ended in Mar. 2026 was ¥141 Mil. Opple Lighting Co's Revenue for the three months ended in Mar. 2026 was ¥1,492 Mil. Therefore, Opple Lighting Co's Operating Margin % for the quarter that ended in Mar. 2026 was 9.43%.

Good Sign:

Opple Lighting Co Ltd operating margin is expanding. Margin expansion is usually a good sign.

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

SHSE:603515' s Operating Margin % Range Over the Past 10 Years
Min: 9.93   Med: 10.77   Max: 14.23
Current: 14.16


SHSE:603515's Operating Margin % is ranked better than
88.86% of 431 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 3.74 vs SHSE:603515: 14.16

Opple Lighting Co's 5-Year Average Operating Margin % Growth Rate was 5.80% per year.

Opple Lighting Co's Operating Income for the three months ended in Mar. 2026 was ¥141 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was ¥987 Mil.


Opple Lighting Co  (SHSE:603515) 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.


Opple Lighting Co Operating Margin % Related Terms


Opple Lighting Co Operating Margin % Historical Data

* Premium members only.

The historical data trend for Opple Lighting 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.

Opple Lighting Co Operating Margin % Chart

Opple Lighting 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 10.69 10.64 12.07 12.56 14.23

Opple Lighting 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 9.77 15.16 11.19 19.17 9.43

SHSE:603515 vs SN, SGI, MHK: Operating Margin % Comparison

For the Furnishings, Fixtures & Appliances subindustry, Opple Lighting 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.


Opple Lighting Co Operating Margin % vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Opple Lighting Co's Operating Margin % distribution charts can be found below:

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


SHSE:603515
84GF Score
Opple Lighting Co Ltd SHSE:603515
Operating Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Opple Lighting 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.

Opple Lighting 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 )
=991.803 / 6970.146
=14.23 %

Opple Lighting 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 )
=140.79 / 1492.253
=9.43 %

* 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 9.43% mean?
Opple Lighting Co (SHSE:603515) has a Operating Margin % of 9.43% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on Opple Lighting Co and its competitors. This is 12% below median its historical median of 10.77. Over the past decade, Opple Lighting Co's Operating Margin % has ranged from 9.93 to 14.23. According to the industry distribution chart, Opple Lighting Co ranks #48 out of 431 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 11.1%.
Is Opple Lighting Co's Operating Margin % too high?
Opple Lighting Co's current Operating Margin % of 9.43% is 12% below median its 10-year median of 10.77. Over the past 10 years, this metric has ranged from a low of 9.93 to a high of 14.23. The Furnishings, Fixtures & Appliances industry median Operating Margin % is 3.74. Opple Lighting Co's value of 9.43% is 152.1% above this industry median. Based on the distribution chart, Opple Lighting Co ranks #48 out of 431 companies in the Furnishings, Fixtures & Appliances industry, which is in the top quartile — a strong position relative to peers. Overall, Opple Lighting Co has a GF Score™ of 84/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Opple Lighting Co's Operating Margin % compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Opple Lighting Co ranks #48 out of 431 companies for Operating Margin %. This places Opple Lighting Co in the top 11% of its industry — outperforming the majority of peers. The industry median Operating Margin % is 3.74. Opple Lighting Co's value of 9.43% is 152.1% above this benchmark. Historically, Opple Lighting Co's own Operating Margin % has ranged from 9.93 to 14.23 over the past decade. While the company's 10-year median is 10.77 vs. the industry median of 3.74, Opple Lighting 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 Furnishings, Fixtures & Appliances company?
The median Operating Margin % among Furnishings, Fixtures & Appliances companies is 3.74, based on 431 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. Opple Lighting Co's current Operating Margin % of 9.43% is 152.1% 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 Opple Lighting Co and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Operating Margin % is 3.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Opple Lighting Co's current Operating Margin % is 9.43%, which is 12% below median its own 10-year median of 10.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Opple Lighting Co stock overvalued right now?
Based on GuruFocus' analysis, Opple Lighting Co (SHSE:603515) is currently considered Fairly Valued. The stock's GF Value™ is ¥18.01, compared to a current price of ¥17.36 — trading 3.6% below its estimated fair value. The current Operating Margin % is 9.43%, which is 12% below median its 10-year median of 10.77 and 152.1% above the Furnishings, Fixtures & Appliances industry median of 3.74. Opple Lighting Co's overall GF Score™ is 84/100 with 2 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 Opple Lighting Co (SHSE:603515), the current Operating Margin % is 9.43% 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 Opple Lighting Co (SHSE:603515) Overvalued in 2026?

Based on GuruFocus' analysis, Opple Lighting Co stock appears to be undervalued. The current stock price of ¥17.36 is trading 3.6% below its estimated GF Value™ of ¥18.01. GuruFocus considers Opple Lighting Co to be Fairly Valued.

Key valuation signals for SHSE:603515:

  • Operating Margin %: 9.43% (12% below median its 10-year median of 10.77)
  • GF Value™: ¥18.01 vs. price of ¥17.36 (3.6% below fair value)
  • GF Score™: 84/100 with 2 warning signs
  • Industry Position: 152.1% above the Furnishings, Fixtures & Appliances median (#48 of 431)

No single metric tells the full story. See the SHSE:603515 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Opple Lighting Co Business Description

Address The MIXC, Lane 1799, Wuzhong Road, Building 3, Minhang District, Shanghai, CHN, 201103
Opple Lighting Co Ltd is a China-based integrated lighting manufacturing company. It offers electrical appliances to large-scale commercial lighting solutions. The products of the company are LED light source, LED home luminaires and LED professional luminaires. Its other products range from lamps and ceiling fixtures to electrical appliances.
84GF Score

Get the complete analysis for SHSE:603515

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

¥17.36
Price
¥18.01
GF Value