Jason Furniture (Hangzhou) Co (SHSE:603816) Operating Margin %: 11.30% (As of Mar. 2026) — Near Median


SHSE:603816 Jason Furniture (Hangzhou) Co Ltd SHSE:603816
90 GF Score
Price ¥22.49
GF Value ¥32.46
Valuation Significantly Undervalued
! 1 Warning Sign
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What is Jason Furniture (Hangzhou) Co Operating Margin %?

Jason Furniture (Hangzhou) Co SHSE:603816 -1.01% 90 Operating Margin % is 11.30% as of Mar. 2026, which is 2% below its 10-year median of 11.58. GuruFocus rates SHSE:603816 with a GF Score™ of 90/100 and a GF Value™ of ¥32.46 (Significantly Undervalued). The stock has 1 warning sign investors should review. Among 433 Furnishings, Fixtures & Appliances companies, Jason Furniture (Hangzhou) Co ranks better than 80.83% on this metric.

Operating Margin % is calculated as Operating Income divided by its Revenue. Jason Furniture (Hangzhou) Co's Operating Income for the three months ended in Mar. 2026 was ¥569 Mil. Jason Furniture (Hangzhou) Co's Revenue for the three months ended in Mar. 2026 was ¥5,033 Mil. Therefore, Jason Furniture (Hangzhou) Co's Operating Margin % for the quarter that ended in Mar. 2026 was 11.30%.

Good Sign:

Jason Furniture (Hangzhou) Co Ltd operating margin is expanding. Margin expansion is usually a good sign.

The historical rank and industry rank for Jason Furniture (Hangzhou) Co's Operating Margin % or its related term are showing as below:

SHSE:603816' s Operating Margin % Range Over the Past 10 Years
Min: 10.37   Med: 11.58   Max: 13.78
Current: 11.14


SHSE:603816's Operating Margin % is ranked better than
80.83% of 433 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 3.79 vs SHSE:603816: 11.14

Jason Furniture (Hangzhou) Co's 5-Year Average Operating Margin % Growth Rate was 0.40% per year.

Jason Furniture (Hangzhou) Co's Operating Income for the three months ended in Mar. 2026 was ¥569 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was ¥2,247 Mil.


Jason Furniture (Hangzhou) Co  (SHSE:603816) 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.


Jason Furniture (Hangzhou) Co Operating Margin % Related Terms


Jason Furniture (Hangzhou) Co Operating Margin % Historical Data

* Premium members only.

The historical data trend for Jason Furniture (Hangzhou) 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.

Jason Furniture (Hangzhou) Co Operating Margin % Chart

Jason Furniture (Hangzhou) 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 10.37 10.69 11.80 10.89 11.46

Jason Furniture (Hangzhou) 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 12.62 11.19 13.55 8.42 11.30

SHSE:603816 vs SN, SGI, MHK: Operating Margin % Comparison

For the Furnishings, Fixtures & Appliances subindustry, Jason Furniture (Hangzhou) 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.


Jason Furniture (Hangzhou) Co Operating Margin % vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Jason Furniture (Hangzhou) Co's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Jason Furniture (Hangzhou) Co's Operating Margin % falls into.


SHSE:603816
90GF Score
Jason Furniture (Hangzhou) Co Ltd SHSE:603816
Operating Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Jason Furniture (Hangzhou) 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.

Jason Furniture (Hangzhou) 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 )
=2297.679 / 20056.389
=11.46 %

Jason Furniture (Hangzhou) 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 )
=568.885 / 5032.747
=11.30 %

* 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 11.30% mean?
Jason Furniture (Hangzhou) Co (SHSE:603816) has a Operating Margin % of 11.30% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on Jason Furniture (Hangzhou) Co and its competitors. This is near median its historical median of 11.58. Over the past decade, Jason Furniture (Hangzhou) Co's Operating Margin % has ranged from 10.37 to 13.78. According to the industry distribution chart, Jason Furniture (Hangzhou) Co ranks #83 out of 433 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 19.2%.
Is Jason Furniture (Hangzhou) Co's Operating Margin % too high?
Jason Furniture (Hangzhou) Co's current Operating Margin % of 11.30% is near median its 10-year median of 11.58. Over the past 10 years, this metric has ranged from a low of 10.37 to a high of 13.78. The Furnishings, Fixtures & Appliances industry median Operating Margin % is 3.79. Jason Furniture (Hangzhou) Co's value of 11.30% is 198.2% above this industry median. Based on the distribution chart, Jason Furniture (Hangzhou) Co ranks #83 out of 433 companies in the Furnishings, Fixtures & Appliances industry, which is in the top quartile — a strong position relative to peers. Overall, Jason Furniture (Hangzhou) Co has a GF Score™ of 90/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Jason Furniture (Hangzhou) Co's Operating Margin % compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Jason Furniture (Hangzhou) Co ranks #83 out of 433 companies for Operating Margin %. This places Jason Furniture (Hangzhou) Co in the top 19% of its industry — outperforming the majority of peers. The industry median Operating Margin % is 3.79. Jason Furniture (Hangzhou) Co's value of 11.30% is 198.2% above this benchmark. Historically, Jason Furniture (Hangzhou) Co's own Operating Margin % has ranged from 10.37 to 13.78 over the past decade. While the company's 10-year median is 11.58 vs. the industry median of 3.79, Jason Furniture (Hangzhou) 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 3.79, based on 433 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. Jason Furniture (Hangzhou) Co's current Operating Margin % of 11.30% is 198.2% 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 Jason Furniture (Hangzhou) Co and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Operating Margin % is 3.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Jason Furniture (Hangzhou) Co's current Operating Margin % is 11.30%, which is near median its own 10-year median of 11.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jason Furniture (Hangzhou) Co stock overvalued right now?
Based on GuruFocus' analysis, Jason Furniture (Hangzhou) Co (SHSE:603816) is currently considered Significantly Undervalued. The stock's GF Value™ is ¥32.46, compared to a current price of ¥22.49 — trading 30.7% below its estimated fair value. The current Operating Margin % is 11.30%, which is near median its 10-year median of 11.58 and 198.2% above the Furnishings, Fixtures & Appliances industry median of 3.79. Jason Furniture (Hangzhou) Co's overall GF Score™ is 90/100 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 Jason Furniture (Hangzhou) Co (SHSE:603816), the current Operating Margin % is 11.30% 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 Jason Furniture (Hangzhou) Co (SHSE:603816) Overvalued in 2026?

Based on GuruFocus' analysis, Jason Furniture (Hangzhou) Co stock appears to be undervalued. The current stock price of ¥22.49 is trading 30.7% below its estimated GF Value™ of ¥32.46. GuruFocus considers Jason Furniture (Hangzhou) Co to be Significantly Undervalued.

Key valuation signals for SHSE:603816:

  • Operating Margin %: 11.30% (near median its 10-year median of 11.58)
  • GF Value™: ¥32.46 vs. price of ¥22.49 (30.7% below fair value)
  • GF Score™: 90/100 with 1 warning sign
  • Industry Position: 198.2% above the Furnishings, Fixtures & Appliances median (#83 of 433)

No single metric tells the full story. See the SHSE:603816 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Jason Furniture (Hangzhou) Co Business Description

Address No.599-1, Dongning Road, Gujia Building, Jianggan District, Hangzhou, CHN
Jason Furniture (Hangzhou) Co Ltd is a China-based company engaged in the Research and development, design, production and sales of mid- to high-end sofas, soft beds and other soft furniture products for living rooms and bedrooms.
90GF Score

Get the complete analysis for SHSE:603816

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

¥22.49
Price
¥32.46
GF Value