Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Halo Microelectronics Co (SHSE:688173) 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.
Halo Microelectronics Co Operating Margin % Related Terms
Halo Microelectronics 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.
SHSE:688173 vs APH, GLW: Operating Margin % Comparison
For the Electronic Components subindustry, Halo Microelectronics 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.
Halo Microelectronics Co Operating Margin % vs Hardware Industry
For the Hardware industry and Technology sector, Halo Microelectronics Co's Operating Margin % distribution charts can be found below:
* The bar in red indicates where Halo Microelectronics Co's Operating Margin % falls into.
Halo Microelectronics 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.
Halo Microelectronics 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.
Halo Microelectronics Co (SHSE:688173) has a Operating Margin % of -2.69% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on Halo Microelectronics Co and its competitors. According to the industry distribution chart, Halo Microelectronics Co ranks #2017 out of 2476 companies in the Hardware industry, placing it in the top 81.5%.
Is Halo Microelectronics Co's Operating Margin % too high?
Halo Microelectronics Co's current Operating Margin % is -2.69%. Based on the distribution chart, Halo Microelectronics Co ranks #2017 out of 2476 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Halo Microelectronics Co has a GF Score™ of 69/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Halo Microelectronics Co's Operating Margin % compare to APH and GLW?
According to the Hardware industry distribution chart, Halo Microelectronics Co ranks #2017 out of 2476 companies for Operating Margin %. This places Halo Microelectronics Co in the lower half of its industry. The industry median Operating Margin % is 3.81. 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 3.81, based on 2,476 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 Halo Microelectronics Co and its competitors. For the Hardware industry, the median Operating Margin % is 3.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Halo Microelectronics Co's current Operating Margin % is -2.69%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Halo Microelectronics Co stock overvalued right now?
Based on GuruFocus' analysis, Halo Microelectronics Co (SHSE:688173) is currently considered Possible Value Trap. The stock's GF Value™ is ¥26.15, compared to a current price of ¥11.91 — trading 54.5% below its estimated fair value. The current Operating Margin % is -2.69%. Halo Microelectronics Co's overall GF Score™ is 69/100 with 4 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 Halo Microelectronics Co (SHSE:688173), the current Operating Margin % is -2.69% 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 Halo Microelectronics Co (SHSE:688173) Overvalued in 2026?
Based on GuruFocus' analysis, Halo Microelectronics Co stock appears to be undervalued.
The current stock price of ¥11.91 is trading 54.5% below its estimated GF Value™ of ¥26.15.
GuruFocus considers Halo Microelectronics Co to be Possible Value Trap.
Key valuation signals for SHSE:688173:
Operating Margin %: -2.69%
GF Value™: ¥26.15 vs. price of ¥11.91 (54.5% below fair value)
No single metric tells the full story. See the SHSE:688173 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
AddressNo. 6 Guilan North Road, Guicheng Street, Unit 305-308, Self-numbered Building Eight (A8), Core Area of ??Qiandeng Lake Venture Capital Town, Nanhai District, Guangdong Province, Foshan, CHN, 528200
Halo Microelectronics Co Ltd is engaged in designing and commercialization of analog and mixed-signal integrated circuit (IC) products. Its products are used mainly in two main applications: consumer electronics and automobile electronics.
69GF Score
Get the complete analysis for SHSE:688173
Operating Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
SHSE:688173 has been successfully added to your 
