China Steel Structure Co (TPE:2013) Operating Margin %: 2.40% (As of Dec. 2025) — Near Median


TPE:2013 China Steel Structure Co Ltd TPE:2013
81 GF Score
Price NT$44.00
GF Value NT$57.88
Valuation Modestly Undervalued
! 1 Warning Sign
View Full Analysis

What is China Steel Structure Co Operating Margin %?

China Steel Structure Co TPE:2013 +0.57% 81 Operating Margin % is 2.40% as of Dec. 2025, which is 2% below its 10-year median of 2.45. GuruFocus rates TPE:2013 with a GF Score™ of 81/100 and a GF Value™ of NT$57.88 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 611 Steel companies, China Steel Structure Co ranks worse than 51.23% on this metric.

Operating Margin % is calculated as Operating Income divided by its Revenue. China Steel Structure Co's Operating Income for the three months ended in Dec. 2025 was NT$126 Mil. China Steel Structure Co's Revenue for the three months ended in Dec. 2025 was NT$5,252 Mil. Therefore, China Steel Structure Co's Operating Margin % for the quarter that ended in Dec. 2025 was 2.40%.

Good Sign:

China Steel Structure Co Ltd operating margin is expanding. Margin expansion is usually a good sign.

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

TPE:2013' s Operating Margin % Range Over the Past 10 Years
Min: -0.04   Med: 2.45   Max: 3.73
Current: 2.87


TPE:2013's Operating Margin % is ranked worse than
51.23% of 611 companies
in the Steel industry
Industry Median: 2.99 vs TPE:2013: 2.87

China Steel Structure Co's 5-Year Average Operating Margin % Growth Rate was 4.70% per year.

China Steel Structure Co's Operating Income for the three months ended in Dec. 2025 was NT$126 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2025 was NT$601 Mil.


China Steel Structure Co  (TPE:2013) 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.


China Steel Structure Co Operating Margin % Related Terms


China Steel Structure Co Operating Margin % Historical Data

* Premium members only.

The historical data trend for China Steel Structure 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.

China Steel Structure Co Operating Margin % Chart

China Steel Structure 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 3.73 3.25 3.21 3.56 2.87

China Steel Structure Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
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 3.64 2.91 2.95 3.24 2.40

TPE:2013 vs NUE, STLD, RS: Operating Margin % Comparison

For the Steel subindustry, China Steel Structure 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.


China Steel Structure Co Operating Margin % vs Steel Industry

For the Steel industry and Basic Materials sector, China Steel Structure Co's Operating Margin % distribution charts can be found below:

* The bar in red indicates where China Steel Structure Co's Operating Margin % falls into.


TPE:2013
81GF Score
China Steel Structure Co Ltd TPE:2013
Operating Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

China Steel Structure 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.

China Steel Structure 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 )
=600.59 / 20948.28
=2.87 %

China Steel Structure Co's Operating Margin % for the quarter that ended in Dec. 2025 is calculated as

Operating Margin %=Operating Income (Q: Dec. 2025 ) / Revenue (Q: Dec. 2025 )
=126.063 / 5252.198
=2.40 %

* 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 2.40% mean?
China Steel Structure Co (TPE:2013) has a Operating Margin % of 2.40% as of Dec. 2025. Operating margin is the ratio of total operating income to net sales. View historical data on China Steel Structure Co and its competitors. This is near median its historical median of 2.45. According to the industry distribution chart, China Steel Structure Co ranks #313 out of 611 companies in the Steel industry, placing it in the top 51.2%.
Is China Steel Structure Co's Operating Margin % too high?
China Steel Structure Co's current Operating Margin % of 2.40% is near median its 10-year median of 2.45. The Steel industry median Operating Margin % is 2.99. China Steel Structure Co's value of 2.40% is 19.7% below this industry median. Based on the distribution chart, China Steel Structure Co ranks #313 out of 611 companies in the Steel industry, which is below the industry midpoint. Overall, China Steel Structure Co has a GF Score™ of 81/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does China Steel Structure Co's Operating Margin % compare to NUE and STLD?
According to the Steel industry distribution chart, China Steel Structure Co ranks #313 out of 611 companies for Operating Margin %. This places China Steel Structure Co in the lower half of its industry. The industry median Operating Margin % is 2.99. China Steel Structure Co's value of 2.40% is 19.7% below this benchmark. While the company's 10-year median is 2.45 vs. the industry median of 2.99, China Steel Structure Co has consistently been below 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 Steel company?
The median Operating Margin % among Steel companies is 2.99, based on 611 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. China Steel Structure Co's current Operating Margin % of 2.40% is 19.7% below 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 China Steel Structure Co and its competitors. For the Steel industry, the median Operating Margin % is 2.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China Steel Structure Co's current Operating Margin % is 2.40%, which is near median its own 10-year median of 2.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Steel Structure Co stock overvalued right now?
Based on GuruFocus' analysis, China Steel Structure Co (TPE:2013) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$57.88, compared to a current price of NT$44.00 — trading 24% below its estimated fair value. The current Operating Margin % is 2.40%, which is near median its 10-year median of 2.45 and 19.7% below the Steel industry median of 2.99. China Steel Structure Co's overall GF Score™ is 81/100 with 1 warning sign 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 China Steel Structure Co (TPE:2013), the current Operating Margin % is 2.40% as of Dec. 2025. 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 China Steel Structure Co (TPE:2013) Overvalued in 2026?

Based on GuruFocus' analysis, China Steel Structure Co stock appears to be undervalued. The current stock price of NT$44.00 is trading 24% below its estimated GF Value™ of NT$57.88. GuruFocus considers China Steel Structure Co to be Modestly Undervalued.

Key valuation signals for TPE:2013:

  • Operating Margin %: 2.40% (near median its 10-year median of 2.45)
  • GF Value™: NT$57.88 vs. price of NT$44.00 (24% below fair value)
  • GF Score™: 81/100 with 1 warning sign
  • Industry Position: 19.7% below the Steel median (#313 of 611)

No single metric tells the full story. See the TPE:2013 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


China Steel Structure Co Business Description

Address No.500 Zhongxing Road, Yanchao district, Kaohsiung, TWN, 82477
China Steel Structure Co Ltd is engaged in designing, processing, manufacturing, assembling and selling steel built-up sections; providing technical services for the construction of steel structures, importing and exporting metal and construction materials and real estate leasing. The Group's reportable segments are CSSC, USEC and Others and generates majority revenue from CSSC segment. Geographically, the Group mainly operates in Taiwan region.
81GF Score

Get the complete analysis for TPE:2013

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

NT$44.00
Price
NT$57.88
GF Value