Shandong Donghong Pipe Industry Co., Ltd.
603856
Rank in Stocks
#12796
Shandong Donghong Pipe Industry Co., Ltd., headquartered in Qufu, China, and... Shandong Donghong Pipe Industry Co., Ltd., headquartered in Qufu, China, and founded in 1997, is a Chinese enterprise dedicated to the research, development, production, and maintenance of various pipeline systems. The company offers a broad array of piping solutions, including SRTP, polyethylene composite, and PVC pipe systems, alongside insulation pipes, anti-corrosion metal pipes, and related pipe connections. Beyond finished products, Shandong Donghong also innovates and manufactures crucial materials for pipeline construction, such as adhesive resins, polyolefin wear-resistant compounds, 3PE pipeline corrosion protection, epoxy resin anti-corrosion powder, phosphorus flame retardants, anti-static flame-retardant polyethylene, and other auxiliary pipe materials. Their engineering pipeline offerings and complete contracting solutions are widely employed in significant undertakings across national municipal, water conservancy, industrial and mining, and thermal sectors.
Share Price
$1.56
Last synced: 2026-11-10
Market Cap
$439.18M
Change (1 day)
0.48%
Change (1 year)
-19.10%
Country
Stock data: Financial Modeling PrepΒ·Updated Β·Not investment adviceΒ·How we calculate this
Trade Shandong Donghong Pipe Industry Co., Ltd. (603856)
Category
Industrials
Operating Margin for Shandong Donghong Pipe Industry Co., Ltd. (603856)
Operating Margin as of November 2026 TTM: 11.69%
According to Shandong Donghong Pipe Industry Co., Ltd.'s latest financial reports, its current operating margin (TTM) is 11.69%. At the end of 2025 the company had an operating margin of 12.05%.
Operating Margin history for Shandong Donghong Pipe Industry Co., Ltd. from 2012 to 2026
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2026 (TTM) | 11.69% | -2.99% |
| 2025 | 12.05% | 55.08% |
| 2024 | 7.77% | 20.47% |
| 2023 | 6.45% | 3.86% |
| 2022 | 6.21% | -6.90% |
| 2021 | 6.67% | -57.19% |
| 2020 | 15.58% | 24.64% |
| 2019 | 12.50% | 16.60% |
| 2018 | 10.72% | 11.67% |
| 2017 | 9.60% | -4.57% |
| 2016 | 10.06% | -3.18% |
| 2015 | 10.39% | -2.99% |
| 2014 | 10.71% | -31.21% |
| 2013 | 15.57% | 15.85% |
| 2012 | 13.44% | 0.00% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin Difference | Country |
|---|---|---|---|
| 23.09% | -98.02% |
US
|
|
| 10.24% | -99.12% |
SE
|
|
| 6.82% | -99.42% |
US
|
|
| 5.29% | -99.55% |
US
|
|
| 14.71% | -98.74% |
US
|
What is a company's Operating Margin?
The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.
Questions about Shandong Donghong Pipe Industry Co., Ltd.'s operating margin
What is Shandong Donghong Pipe Industry Co., Ltd.'s operating margin?
Shandong Donghong Pipe Industry Co., Ltd.'s operating margin is 11.69%, as of Nov 2026.
What was Shandong Donghong Pipe Industry Co., Ltd.'s operating margin in 2025?
In 2025, Shandong Donghong Pipe Industry Co., Ltd.'s operating margin was 12.05%, compared with 7.77% in 2024.
How has Shandong Donghong Pipe Industry Co., Ltd.'s operating margin changed since 2020?
From 2020 to 2025, Shandong Donghong Pipe Industry Co., Ltd.'s operating margin was highest in 2020 (15.58%) and lowest in 2022 (6.21%).
How does Shandong Donghong Pipe Industry Co., Ltd.'s operating margin compare with similar companies?
Shandong Donghong Pipe Industry Co., Ltd.'s operating margin (11.69%) is higher than that of 3 of the 5 similar companies listed above. The highest among them is Advanced Drainage Systems, Inc., with 23.09%.