Shenzhen Kaifa Technology Co (SZSE:000021) Operating Margin %: 9.02% (As of Mar. 2026) — 73% Above Median

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SZSE:000021 Shenzhen Kaifa Technology Co Ltd SZSE:000021
63 GF Score
Price ¥36.42
GF Value ¥20.54
Valuation Significantly Overvalued
! 2 Warning Signs
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What is Shenzhen Kaifa Technology Co Operating Margin %?

Shenzhen Kaifa Technology Co SZSE:000021 -9.29% 63 Operating Margin % is 9.02% as of Mar. 2026, which is 73% above its 10-year median of 5.21. GuruFocus rates SZSE:000021 with a GF Score™ of 63/100 and a GF Value™ of ¥20.54 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 2,474 Hardware companies, Shenzhen Kaifa Technology Co ranks better than 75.91% on this metric.

Operating Margin % is calculated as Operating Income divided by its Revenue. Shenzhen Kaifa Technology Co's Operating Income for the three months ended in Mar. 2026 was ¥336 Mil. Shenzhen Kaifa Technology Co's Revenue for the three months ended in Mar. 2026 was ¥3,724 Mil. Therefore, Shenzhen Kaifa Technology Co's Operating Margin % for the quarter that ended in Mar. 2026 was 9.02%.

Good Sign:

Shenzhen Kaifa Technology Co Ltd operating margin is expanding. Margin expansion is usually a good sign.

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

SZSE:000021' s Operating Margin % Range Over the Past 10 Years
Min: 1.77   Med: 5.21   Max: 10.24
Current: 10.24


SZSE:000021's Operating Margin % is ranked better than
75.91% of 2474 companies
in the Hardware industry
Industry Median: 3.855 vs SZSE:000021: 10.24

Shenzhen Kaifa Technology Co's 5-Year Average Operating Margin % Growth Rate was 14.00% per year.

Shenzhen Kaifa Technology Co's Operating Income for the three months ended in Mar. 2026 was ¥336 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was ¥1,650 Mil.


Shenzhen Kaifa Technology Co  (SZSE:000021) 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.


Shenzhen Kaifa Technology Co Operating Margin % Related Terms


Shenzhen Kaifa Technology Co Operating Margin % Historical Data

* Premium members only.

The historical data trend for Shenzhen Kaifa Technology 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.

Shenzhen Kaifa Technology Co Operating Margin % Chart

Shenzhen Kaifa Technology 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 4.31 5.97 8.21 8.33 9.84

Shenzhen Kaifa Technology 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 6.99 8.07 10.22 13.40 9.02

SZSE:000021 vs DELL, ANET, SNDK: Operating Margin % Comparison

For the Computer Hardware subindustry, Shenzhen Kaifa Technology 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.


Shenzhen Kaifa Technology Co Operating Margin % vs Hardware Industry

For the Hardware industry and Technology sector, Shenzhen Kaifa Technology Co's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Shenzhen Kaifa Technology Co's Operating Margin % falls into.


SZSE:000021
63GF Score
Shenzhen Kaifa Technology Co Ltd SZSE:000021
Operating Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shenzhen Kaifa Technology 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.

Shenzhen Kaifa Technology 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 )
=1548.915 / 15747.393
=9.84 %

Shenzhen Kaifa Technology 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 )
=335.866 / 3723.775
=9.02 %

* 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 9.02% mean?
Shenzhen Kaifa Technology Co (SZSE:000021) has a Operating Margin % of 9.02% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on Shenzhen Kaifa Technology Co and its competitors. This is 73% above median its historical median of 5.21. Over the past decade, Shenzhen Kaifa Technology Co's Operating Margin % has ranged from 1.77 to 10.24. According to the industry distribution chart, Shenzhen Kaifa Technology Co ranks #596 out of 2474 companies in the Hardware industry, placing it in the top 24.1%.
Is Shenzhen Kaifa Technology Co's Operating Margin % too high?
Shenzhen Kaifa Technology Co's current Operating Margin % of 9.02% is 73% above median its 10-year median of 5.21. Over the past 10 years, this metric has ranged from a low of 1.77 to a high of 10.24. The Hardware industry median Operating Margin % is 3.86. Shenzhen Kaifa Technology Co's value of 9.02% is 134% above this industry median. Based on the distribution chart, Shenzhen Kaifa Technology Co ranks #596 out of 2474 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Shenzhen Kaifa Technology Co has a GF Score™ of 63/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Shenzhen Kaifa Technology Co's Operating Margin % compare to DELL and ANET?
According to the Hardware industry distribution chart, Shenzhen Kaifa Technology Co ranks #596 out of 2474 companies for Operating Margin %. This places Shenzhen Kaifa Technology Co in the top 24% of its industry — outperforming the majority of peers. The industry median Operating Margin % is 3.86. Shenzhen Kaifa Technology Co's value of 9.02% is 134% above this benchmark. Historically, Shenzhen Kaifa Technology Co's own Operating Margin % has ranged from 1.77 to 10.24 over the past decade. While the company's 10-year median is 5.21 vs. the industry median of 3.86, Shenzhen Kaifa Technology 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 Hardware company?
The median Operating Margin % among Hardware companies is 3.86, based on 2,474 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 Kaifa Technology Co's current Operating Margin % of 9.02% is 134% 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 Kaifa Technology Co and its competitors. For the Hardware industry, the median Operating Margin % is 3.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shenzhen Kaifa Technology Co's current Operating Margin % is 9.02%, which is 73% above median its own 10-year median of 5.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shenzhen Kaifa Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Shenzhen Kaifa Technology Co (SZSE:000021) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥20.54, compared to a current price of ¥36.42 — trading 77.3% above its estimated fair value. The current Operating Margin % is 9.02%, which is 73% above median its 10-year median of 5.21 and 134% above the Hardware industry median of 3.86. Shenzhen Kaifa Technology Co's overall GF Score™ is 63/100 with 2 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 Kaifa Technology Co (SZSE:000021), the current Operating Margin % is 9.02% 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 Kaifa Technology Co (SZSE:000021) Overvalued in 2026?

Based on GuruFocus' analysis, Shenzhen Kaifa Technology Co stock appears to be overvalued. The current stock price of ¥36.42 is trading 77.3% above its estimated GF Value™ of ¥20.54. GuruFocus considers Shenzhen Kaifa Technology Co to be Significantly Overvalued.

Key valuation signals for SZSE:000021:

  • Operating Margin %: 9.02% (73% above median its 10-year median of 5.21)
  • GF Value™: ¥20.54 vs. price of ¥36.42 (77.3% above fair value)
  • GF Score™: 63/100 with 2 warning signs
  • Industry Position: 134% above the Hardware median (#596 of 2474)

No single metric tells the full story. See the SZSE:000021 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shenzhen Kaifa Technology Co Business Description

Address No. 7006 Caitian Road, Futian District, Shenzhen, Guangdong, CHN, 518035
Shenzhen Kaifa Technology Co Ltd is an electronics manufacturing service provider. The firm manufacturers services for computers and storage related products, communication and consumer electronics, semiconductors and IC packing, medical devices, utility meeting systems and commercial and industrial products.
63GF Score

Get the complete analysis for SZSE:000021

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

¥36.42
Price
¥20.54
GF Value