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The historical rank and industry rank for Chung Hwa Pulp's Operating Margin % or its related term are showing as below:
TPE:1905'
s Operating Margin % Range Over the Past 10 Years
Min: -8.13 Med: -0.41 Max: 3.58
Current: -6.99
TPE:1905's Operating Margin % is ranked worse than 79.43% of 282
companies
in the Forest Products industry
Industry Median: 2.595
vs TPE:1905: -6.99
Chung Hwa Pulp's 5-Year Average Operating Margin % Growth Rate was 0.00% per year.
Chung Hwa Pulp's Operating Income for the
three
months ended in Mar. 2026 was NT$-214 Mil.
Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was NT$-1,282 Mil.
Warning Sign:
Chung Hwa Pulp Corp had lost money in 83% of the time over the past 12quarters.
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.
Chung Hwa Pulp Operating Margin % Related Terms
Chung Hwa Pulp Operating Margin % Historical Data
* Premium members only.
The historical data trend for Chung Hwa Pulp'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 Paper & Paper Products subindustry, Chung Hwa Pulp'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.
Chung Hwa Pulp Operating Margin % vs Forest Products Industry
For the Forest Products industry and Basic Materials sector, Chung Hwa Pulp's Operating Margin % distribution charts can be found below:
* The bar in red indicates where Chung Hwa Pulp'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.
Chung Hwa Pulp'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.
Chung Hwa Pulp (TPE:1905) has a Operating Margin % of -4.88% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on Chung Hwa Pulp and its competitors. According to the industry distribution chart, Chung Hwa Pulp ranks #224 out of 282 companies in the Forest Products industry, placing it in the top 79.4%.
Is Chung Hwa Pulp's Operating Margin % too high?
Chung Hwa Pulp's current Operating Margin % is -4.88%. Based on the distribution chart, Chung Hwa Pulp ranks #224 out of 282 companies in the Forest Products industry, which is in the bottom quartile relative to peers. Overall, Chung Hwa Pulp has a GF Score™ of 62/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Chung Hwa Pulp's Operating Margin % compare to competitors?
According to the Forest Products industry distribution chart, Chung Hwa Pulp ranks #224 out of 282 companies for Operating Margin %. This places Chung Hwa Pulp in the lower half of its industry. The industry median Operating Margin % is 2.60. 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 Forest Products company?
The median Operating Margin % among Forest Products companies is 2.60, based on 282 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 Chung Hwa Pulp and its competitors. For the Forest Products industry, the median Operating Margin % is 2.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Chung Hwa Pulp's current Operating Margin % is -4.88%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chung Hwa Pulp stock overvalued right now?
Based on GuruFocus' analysis, Chung Hwa Pulp (TPE:1905) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$15.14, compared to a current price of NT$13.25 — trading 12.5% below its estimated fair value. The current Operating Margin % is -4.88%. Chung Hwa Pulp's overall GF Score™ is 62/100 with 6 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 Chung Hwa Pulp (TPE:1905), the current Operating Margin % is -4.88% 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 Chung Hwa Pulp (TPE:1905) Overvalued in 2026?
Based on GuruFocus' analysis, Chung Hwa Pulp stock appears to be undervalued.
The current stock price of NT$13.25 is trading 12.5% below its estimated GF Value™ of NT$15.14.
GuruFocus considers Chung Hwa Pulp to be Modestly Undervalued.
Key valuation signals for TPE:1905:
Operating Margin %: -4.88%
GF Value™: NT$15.14 vs. price of NT$13.25 (12.5% below fair value)
No single metric tells the full story. See the TPE:1905 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Chung Hwa Pulp Corp is engaged in the production and sale of pulp and paper. Its businesses include specialty paper, pulp, paper and paperboard, tape and other businesses. The Company operates through the Pulp and Fine Paper segment, which generates maximum revenue, and the Forestry segment. Its activities include the manufacture and sale of cardboard, paper and pulp, as well as seedling cultivation and reforestation. Geographically, the Group operates in Taiwan and mainland China, with Taiwan generating maximum revenue.
62GF Score
Get the complete analysis for TPE:1905
Operating Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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