To the full analysis
Buyback calculator for Huaqin
Huaqin stock: key metrics
603296.SSHuaqin had an operating margin of 2.6% and a return on invested capital (ROIC) of 84.7% in fiscal 2025.
Margins show how much of revenue is left over, returns on capital how hard the invested money works.
Daily figure as of 13 Nov 2026
Margins
- Gross margin
- Operating margin
- Net margin
Figures as a table
| Year | Gross margin | Operating margin | Net margin |
|---|---|---|---|
| 2018 | 6.5% | 0.5% | 0.6% |
| 2019 | 7.9% | 0.7% | 1.4% |
| 2020 | 9.8% | 4.1% | 3.7% |
| 2021 | 7.7% | 1.1% | 2.3% |
| 2022 | 9.8% | 3.0% | 2.8% |
| 2023 | 11.3% | 3.3% | 3.2% |
| 2024 | 9.3% | 2.8% | 2.7% |
| 2025 | 8.0% | 2.6% | 2.4% |
Returns on capital
- ROE
- ROIC
- ROA
Figures as a table
| Year | ROE | ROIC | ROA |
|---|---|---|---|
| 2018 | 6.6% | 2.4% | 1.2% |
| 2019 | 11.9% | 6.5% | 2.4% |
| 2020 | 29.6% | 44.2% | 6.8% |
| 2021 | 19.8% | 17.1% | 4.2% |
| 2022 | 141.7% | 59.8% | 40.1% |
| 2023 | 91.9% | 131.7% | 37.2% |
| 2024 | 94.8% | 91.6% | 28.0% |
| 2025 | 109.9% | 84.7% | 29.5% |
Data status and sources
- Score
- Daily value of 13 Nov 2026, recalculated nightly
- Price
- Closing price of 12 Nov 2026
- Latest annual report
- Fiscal year 2025, period end 31 Dec 2025
- Currency
- Amounts in US dollars, converted at the ECB reference rate of 12 Nov 2026 ($1 = CN¥6.6683)
- Source
- Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.
Mandatory disclosures for this rating
- ; time horizon around 12 months
- Rated Neutral, published since 7 Nov 2026 (in the score history since 21 Oct 2026)
- Valuation signal Fairly valued since 7 Nov 2026
- End-of-day prices, metrics cached for up to 24 hours
- Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
- Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
- Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.