Shenzhen ExpresswaySHZNY 67 Operating Margin % is 33.78% as of Mar. 2026, which is 14% above its 10-year median of 29.57. GuruFocus rates SHZNY with a GF Score™ of 67/100 and a GF Value™ of $51.77. The stock has 7 warning signs investors should review. Among 1,767 Construction companies, Shenzhen Expressway ranks better than 94.4% on this metric.
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.
Shenzhen Expressway Operating Margin % Related Terms
Shenzhen Expressway Operating Margin % Historical Data
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The historical data trend for Shenzhen Expressway'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.
For the Infrastructure Operations subindustry, Shenzhen Expressway'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.
Shenzhen Expressway Operating Margin % vs Construction Industry
For the Construction industry and Industrials sector, Shenzhen Expressway's Operating Margin % distribution charts can be found below:
* The bar in red indicates where Shenzhen Expressway's Operating Margin % falls into.
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.
Shenzhen Expressway'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.
Shenzhen Expressway (SHZNY) has a Operating Margin % of 33.78% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on Shenzhen Expressway and its competitors. This is 14% above median its historical median of 29.57. Over the past decade, Shenzhen Expressway's Operating Margin % has ranged from 24.97 to 45.98. According to the industry distribution chart, Shenzhen Expressway ranks #99 out of 1767 companies in the Construction industry, placing it in the top 5.6%.
Is Shenzhen Expressway's Operating Margin % too high?
Shenzhen Expressway's current Operating Margin % of 33.78% is 14% above median its 10-year median of 29.57. Over the past 10 years, this metric has ranged from a low of 24.97 to a high of 45.98. The Construction industry median Operating Margin % is 5.89. Shenzhen Expressway's value of 33.78% is 473.5% above this industry median. Based on the distribution chart, Shenzhen Expressway ranks #99 out of 1767 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Shenzhen Expressway has a GF Score™ of 67/100, reflecting its overall financial health beyond just this single metric.
How does Shenzhen Expressway's Operating Margin % compare to competitors?
According to the Construction industry distribution chart, Shenzhen Expressway ranks #99 out of 1767 companies for Operating Margin %. This places Shenzhen Expressway in the top 6% of its industry — outperforming the majority of peers. The industry median Operating Margin % is 5.89. Shenzhen Expressway's value of 33.78% is 473.5% above this benchmark. Historically, Shenzhen Expressway's own Operating Margin % has ranged from 24.97 to 45.98 over the past decade. While the company's 10-year median is 29.57 vs. the industry median of 5.89, Shenzhen Expressway 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 Construction company?
The median Operating Margin % among Construction companies is 5.89, based on 1,767 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. Shenzhen Expressway's current Operating Margin % of 33.78% is 473.5% 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 Shenzhen Expressway and its competitors. For the Construction industry, the median Operating Margin % is 5.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shenzhen Expressway's current Operating Margin % is 33.78%, which is 14% above median its own 10-year median of 29.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shenzhen Expressway stock overvalued right now?
Shenzhen Expressway (SHZNY) has a current Operating Margin % of 33.78%. The stock's GF Value™ is $51.77, compared to a current price of $44.79 — trading 13.5% below its estimated fair value. The current Operating Margin % is 33.78%, which is 14% above median its 10-year median of 29.57 and 473.5% above the Construction industry median of 5.89. Shenzhen Expressway's overall GF Score™ is 67/100 with 7 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 Shenzhen Expressway (SHZNY), the current Operating Margin % is 33.78% 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 Shenzhen Expressway (SHZNY) Overvalued in 2026?
Based on GuruFocus' analysis, Shenzhen Expressway stock appears to be undervalued.
The current stock price of $44.79 is trading 13.5% below its estimated GF Value™ of $51.77.
Key valuation signals for SHZNY:
Operating Margin %: 33.78% (14% above median its 10-year median of 29.57)
GF Value™: $51.77 vs. price of $44.79 (13.5% below fair value)
Industry Position: 473.5% above the Construction median (#99 of 1767)
No single metric tells the full story. See the SHZNY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shenzhen Expressway Corp Ltd is engaged in the construction, operation, management, and investment of toll highways and environmental protection in China. The Group has identified two reporting segments, namely the toll road segment and the environmental protection segment. The toll road segment takes charge of the operation and management of toll roads in Mainland China. The environmental protection segment operates and manages environmentally related infrastructure, mainly including solid waste treatment, clean energy, and other related fields. The majority of its revenue is derived from the toll road segment.
67GF Score
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