ASR Microelectronics Co (SHSE:688220) Operating Margin %: -2.64% (As of Mar. 2026)

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SHSE:688220 ASR Microelectronics Co Ltd SHSE:688220
81 GF Score
Price ¥110.12
GF Value ¥111.82
Valuation Fairly Valued
! 5 Warning Signs
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What is ASR Microelectronics Co Operating Margin %?

ASR Microelectronics Co SHSE:688220 -1.48% 81 Operating Margin % is -2.64% as of Mar. 2026. GuruFocus rates SHSE:688220 with a GF Score™ of 81/100 and a GF Value™ of ¥111.82 (Fairly Valued). The stock has 5 warning signs investors should review. Among 1,022 Semiconductors companies, ASR Microelectronics Co ranks worse than 75.83% on this metric.

Operating Margin % is calculated as Operating Income divided by its Revenue. ASR Microelectronics Co's Operating Income for the three months ended in Mar. 2026 was ¥-30 Mil. ASR Microelectronics Co's Revenue for the three months ended in Mar. 2026 was ¥1,130 Mil. Therefore, ASR Microelectronics Co's Operating Margin % for the quarter that ended in Mar. 2026 was -2.64%.

Good Sign:

ASR Microelectronics Co Ltd operating margin is expanding. Margin expansion is usually a good sign.

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

SHSE:688220' s Operating Margin % Range Over the Past 10 Years
Min: -467.43   Med: -26.3   Max: -7.79
Current: -7.79


SHSE:688220's Operating Margin % is ranked worse than
75.83% of 1022 companies
in the Semiconductors industry
Industry Median: 5.425 vs SHSE:688220: -7.79

ASR Microelectronics Co's 5-Year Average Operating Margin % Growth Rate was 36.90% per year.

ASR Microelectronics Co's Operating Income for the three months ended in Mar. 2026 was ¥-30 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was ¥-314 Mil.

Warning Sign:

ASR Microelectronics Co Ltd has never been profitable in the past 3 years. It lost money every year.


ASR Microelectronics Co  (SHSE:688220) 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.


ASR Microelectronics Co Operating Margin % Related Terms


ASR Microelectronics Co Operating Margin % Historical Data

* Premium members only.

The historical data trend for ASR Microelectronics 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.

ASR Microelectronics Co Operating Margin % Chart

ASR Microelectronics Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Operating Margin %
Get a 7-Day Free Trial Premium Member Only -26.30 -16.50 -23.40 -16.98 -10.41

ASR Microelectronics 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 -12.38 -7.75 -11.15 -10.52 -2.64

SHSE:688220 vs NVDA, AVGO, MU: Operating Margin % Comparison

For the Semiconductors subindustry, ASR 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.


ASR Microelectronics Co Operating Margin % vs Semiconductors Industry

For the Semiconductors industry and Technology sector, ASR Microelectronics Co's Operating Margin % distribution charts can be found below:

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


SHSE:688220
81GF Score
ASR Microelectronics Co Ltd SHSE:688220
Operating Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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ASR 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.

ASR Microelectronics 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 )
=-397.264 / 3816.803
=-10.41 %

ASR Microelectronics 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 )
=-29.829 / 1129.985
=-2.64 %

* 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 -2.64% mean?
ASR Microelectronics Co (SHSE:688220) has a Operating Margin % of -2.64% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on ASR Microelectronics Co and its competitors. According to the industry distribution chart, ASR Microelectronics Co ranks #775 out of 1022 companies in the Semiconductors industry, placing it in the top 75.8%.
Is ASR Microelectronics Co's Operating Margin % too high?
ASR Microelectronics Co's current Operating Margin % is -2.64%. Based on the distribution chart, ASR Microelectronics Co ranks #775 out of 1022 companies in the Semiconductors industry, which is in the bottom quartile relative to peers. Overall, ASR Microelectronics Co has a GF Score™ of 81/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does ASR Microelectronics Co's Operating Margin % compare to NVDA and AVGO?
According to the Semiconductors industry distribution chart, ASR Microelectronics Co ranks #775 out of 1022 companies for Operating Margin %. This places ASR Microelectronics Co in the lower half of its industry. The industry median Operating Margin % is 5.43. 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 Semiconductors company?
The median Operating Margin % among Semiconductors companies is 5.43, based on 1,022 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 ASR Microelectronics Co and its competitors. For the Semiconductors industry, the median Operating Margin % is 5.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ASR Microelectronics Co's current Operating Margin % is -2.64%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ASR Microelectronics Co stock overvalued right now?
Based on GuruFocus' analysis, ASR Microelectronics Co (SHSE:688220) is currently considered Fairly Valued. The stock's GF Value™ is ¥111.82, compared to a current price of ¥110.12 — trading 1.5% below its estimated fair value. The current Operating Margin % is -2.64%. ASR Microelectronics Co's overall GF Score™ is 81/100 with 5 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 ASR Microelectronics Co (SHSE:688220), the current Operating Margin % is -2.64% 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 ASR Microelectronics Co (SHSE:688220) Overvalued in 2026?

Based on GuruFocus' analysis, ASR Microelectronics Co stock appears to be undervalued. The current stock price of ¥110.12 is trading 1.5% below its estimated GF Value™ of ¥111.82. GuruFocus considers ASR Microelectronics Co to be Fairly Valued.

Key valuation signals for SHSE:688220:

  • Operating Margin %: -2.64%
  • GF Value™: ¥111.82 vs. price of ¥110.12 (1.5% below fair value)
  • GF Score™: 81/100 with 5 warning signs

No single metric tells the full story. See the SHSE:688220 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


ASR Microelectronics Co Business Description

Address No.399 Keyuan Road, 8th Floor, Building 10, Pilot Free Trade Zone (Nominal Floor 9th Floor), Shanghai, CHN, 201203
ASR Microelectronics Co Ltd is engaged in the research, development, and technological innovation of wireless communication chips.
81GF Score

Get the complete analysis for SHSE:688220

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

¥110.12
Price
¥111.82
GF Value