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Jinhua Chunguang Technology Co (SHSE:603657) 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.
Jinhua Chunguang Technology Co Operating Margin % Related Terms
Jinhua Chunguang Technology 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.
Jinhua Chunguang Technology Co Operating Margin % Chart
SHSE:603657 vs AAPL: Operating Margin % Comparison
For the Consumer Electronics subindustry, Jinhua Chunguang Technology 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.
Jinhua Chunguang Technology Co Operating Margin % vs Hardware Industry
For the Hardware industry and Technology sector, Jinhua Chunguang Technology Co's Operating Margin % distribution charts can be found below:
* The bar in red indicates where Jinhua Chunguang Technology Co's Operating Margin % falls into.
Jinhua Chunguang Technology 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.
Jinhua Chunguang Technology Co (SHSE:603657) has a Operating Margin % of -6.14% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on Jinhua Chunguang Technology Co and its competitors. Over the past decade, Jinhua Chunguang Technology Co's Operating Margin % has ranged from 0.11 to 22.33. According to the industry distribution chart, Jinhua Chunguang Technology Co ranks #1679 out of 2475 companies in the Hardware industry, placing it in the top 67.8%.
Is Jinhua Chunguang Technology Co's Operating Margin % too high?
Jinhua Chunguang Technology Co's current Operating Margin % is -6.14%. Over the past 10 years, this metric has ranged from a low of 0.11 to a high of 22.33. Based on the distribution chart, Jinhua Chunguang Technology Co ranks #1679 out of 2475 companies in the Hardware industry, which is below the industry midpoint. Overall, Jinhua Chunguang Technology Co has a GF Score™ of 81/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Jinhua Chunguang Technology Co's Operating Margin % compare to AAPL?
According to the Hardware industry distribution chart, Jinhua Chunguang Technology Co ranks #1679 out of 2475 companies for Operating Margin %. This places Jinhua Chunguang Technology Co in the lower half of its industry. The industry median Operating Margin % is 3.88. Historically, Jinhua Chunguang Technology Co's own Operating Margin % has ranged from 0.11 to 22.33 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 Hardware company?
The median Operating Margin % among Hardware companies is 3.88, based on 2,475 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 Jinhua Chunguang Technology Co and its competitors. For the Hardware industry, the median Operating Margin % is 3.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Jinhua Chunguang Technology Co's current Operating Margin % is -6.14%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jinhua Chunguang Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Jinhua Chunguang Technology Co (SHSE:603657) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥21.73, compared to a current price of ¥28.50 — trading 31.2% above its estimated fair value. The current Operating Margin % is -6.14%. Jinhua Chunguang Technology Co's overall GF Score™ is 81/100 with 8 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 Jinhua Chunguang Technology Co (SHSE:603657), the current Operating Margin % is -6.14% 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 Jinhua Chunguang Technology Co (SHSE:603657) Overvalued in 2026?
Based on GuruFocus' analysis, Jinhua Chunguang Technology Co stock appears to be overvalued.
The current stock price of ¥28.50 is trading 31.2% above its estimated GF Value™ of ¥21.73.
GuruFocus considers Jinhua Chunguang Technology Co to be Significantly Overvalued.
Key valuation signals for SHSE:603657:
Operating Margin %: -6.14%
GF Value™: ¥21.73 vs. price of ¥28.50 (31.2% above fair value)
No single metric tells the full story. See the SHSE:603657 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Jinhua Chunguang Technology Co Ltd is a research and development, and manufacturing company of hose assemblies for cleaning appliances. The products of the company include central vacuum cleaner hoses series, steel wire, extrusion hose, blow mould hose, wet vacuum hose, and vacuum cleaner accessories for the home.
81GF Score
Get the complete analysis for SHSE:603657
Operating Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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