WPG (Shanghai) Smart Water PCL (SHSE:603956) Operating Margin %: -246.48% (As of Mar. 2026)

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SHSE:603956 WPG (Shanghai) Smart Water PCL SHSE:603956
72 GF Score
Price ¥7.01
GF Value ¥5.69
Valuation Modestly Overvalued
! 9 Warning Signs
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What is WPG (Shanghai) Smart Water PCL Operating Margin %?

WPG (Shanghai) Smart Water PCL SHSE:603956 +1.30% 72 Operating Margin % is -246.48% as of Mar. 2026. GuruFocus rates SHSE:603956 with a GF Score™ of 72/100 and a GF Value™ of ¥5.69 (Modestly Overvalued). The stock has 9 warning signs investors should review. Among 3,035 Industrial Products companies, WPG (Shanghai) Smart Water PCL ranks worse than 87.97% on this metric.

Operating Margin % is calculated as Operating Income divided by its Revenue. WPG (Shanghai) Smart Water PCL's Operating Income for the three months ended in Mar. 2026 was ¥-109 Mil. WPG (Shanghai) Smart Water PCL's Revenue for the three months ended in Mar. 2026 was ¥44 Mil. Therefore, WPG (Shanghai) Smart Water PCL's Operating Margin % for the quarter that ended in Mar. 2026 was -246.48%.

The historical rank and industry rank for WPG (Shanghai) Smart Water PCL's Operating Margin % or its related term are showing as below:

SHSE:603956' s Operating Margin % Range Over the Past 10 Years
Min: -14.42   Med: 18.76   Max: 24.64
Current: -11.05


SHSE:603956's Operating Margin % is ranked worse than
87.97% of 3035 companies
in the Industrial Products industry
Industry Median: 6.45 vs SHSE:603956: -11.05

WPG (Shanghai) Smart Water PCL's 5-Year Average Operating Margin % Growth Rate was 0.00% per year.

WPG (Shanghai) Smart Water PCL'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 ¥-121 Mil.

Warning Sign:

WPG (Shanghai) Smart Water PCL had lost money in 75% of the time over the past 12quarters.


WPG (Shanghai) Smart Water PCL  (SHSE:603956) 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.


WPG (Shanghai) Smart Water PCL Operating Margin % Related Terms


WPG (Shanghai) Smart Water PCL Operating Margin % Historical Data

* Premium members only.

The historical data trend for WPG (Shanghai) Smart Water PCL'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.

WPG (Shanghai) Smart Water PCL Operating Margin % Chart

WPG (Shanghai) Smart Water PCL 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 20.69 -9.08 2.23 -14.42 -7.76

WPG (Shanghai) Smart Water PCL 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 -73.09 -15.19 -8.37 7.68 -246.48

SHSE:603956 vs GEV, ETN, PH: Operating Margin % Comparison

For the Specialty Industrial Machinery subindustry, WPG (Shanghai) Smart Water PCL'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.


WPG (Shanghai) Smart Water PCL Operating Margin % vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, WPG (Shanghai) Smart Water PCL's Operating Margin % distribution charts can be found below:

* The bar in red indicates where WPG (Shanghai) Smart Water PCL's Operating Margin % falls into.


SHSE:603956
72GF Score
WPG (Shanghai) Smart Water PCL SHSE:603956
Operating Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

WPG (Shanghai) Smart Water PCL 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.

WPG (Shanghai) Smart Water PCL'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 )
=-90.054 / 1160.387
=-7.76 %

WPG (Shanghai) Smart Water PCL'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 )
=-109.251 / 44.325
=-246.48 %

* 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 -246.48% mean?
WPG (Shanghai) Smart Water PCL (SHSE:603956) has a Operating Margin % of -246.48% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on WPG (Shanghai) Smart Water PCL and its competitors. According to the industry distribution chart, WPG (Shanghai) Smart Water PCL ranks #2670 out of 3035 companies in the Industrial Products industry, placing it in the top 88%.
Is WPG (Shanghai) Smart Water PCL's Operating Margin % too high?
WPG (Shanghai) Smart Water PCL's current Operating Margin % is -246.48%. Based on the distribution chart, WPG (Shanghai) Smart Water PCL ranks #2670 out of 3035 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, WPG (Shanghai) Smart Water PCL has a GF Score™ of 72/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does WPG (Shanghai) Smart Water PCL's Operating Margin % compare to GEV and ETN?
According to the Industrial Products industry distribution chart, WPG (Shanghai) Smart Water PCL ranks #2670 out of 3035 companies for Operating Margin %. This places WPG (Shanghai) Smart Water PCL in the lower half of its industry. The industry median Operating Margin % is 6.45. 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 6.45, based on 3,035 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 WPG (Shanghai) Smart Water PCL and its competitors. For the Industrial Products industry, the median Operating Margin % is 6.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. WPG (Shanghai) Smart Water PCL's current Operating Margin % is -246.48%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is WPG (Shanghai) Smart Water PCL stock overvalued right now?
Based on GuruFocus' analysis, WPG (Shanghai) Smart Water PCL (SHSE:603956) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥5.69, compared to a current price of ¥7.01 — trading 23.2% above its estimated fair value. The current Operating Margin % is -246.48%. WPG (Shanghai) Smart Water PCL's overall GF Score™ is 72/100 with 9 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 WPG (Shanghai) Smart Water PCL (SHSE:603956), the current Operating Margin % is -246.48% 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 WPG (Shanghai) Smart Water PCL (SHSE:603956) Overvalued in 2026?

Based on GuruFocus' analysis, WPG (Shanghai) Smart Water PCL stock appears to be overvalued. The current stock price of ¥7.01 is trading 23.2% above its estimated GF Value™ of ¥5.69. GuruFocus considers WPG (Shanghai) Smart Water PCL to be Modestly Overvalued.

Key valuation signals for SHSE:603956:

  • Operating Margin %: -246.48%
  • GF Value™: ¥5.69 vs. price of ¥7.01 (23.2% above fair value)
  • GF Score™: 72/100 with 9 warning signs

No single metric tells the full story. See the SHSE:603956 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


WPG (Shanghai) Smart Water PCL Business Description

Address No. 1 Hengyong Road, Jiading District, Shanghai, CHN, 201806
WPG (Shanghai) Smart Water PCL is a smart water solutions provider, is a professional technology service company dedicated to solving various problems arising in water supply for customers. Its core business includes the development, production, sales and service of secondary water supply Zhilian equipment with the concept of industrial Internet, the deployment, commissioning and maintenance of the intelligent water supply management platform system, providing safe, energy-saving and efficient operation for secondary water supply.
72GF Score

Get the complete analysis for SHSE:603956

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

¥7.01
Price
¥5.69
GF Value