Quality Houses Business Complex Leasehold REIT (BKK:QHBREIT) Net Margin %: 5.29% (As of Mar. 2026) — 92% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BKK:QHBREIT Quality Houses Business Complex Leasehold REIT BKK:QHBREIT
44 GF Score
Price ฿3.84
! 3 Warning Signs
View Full Analysis

What is Quality Houses Business Complex Leasehold REIT Net Margin %?

Quality Houses Business Complex Leasehold REIT BKK:QHBREIT +0.52% 44 Net Margin % is 5.29% as of Mar. 2026, which is 92% below its 10-year median of 64.48. GuruFocus rates BKK:QHBREIT with a GF Score™ of 44/100. The stock has 3 warning signs investors should review. Among 916 REITs companies, Quality Houses Business Complex Leasehold REIT ranks worse than 86.35% on this metric.

Net margin is calculated as Net Income divided by its Revenue. Quality Houses Business Complex Leasehold REIT's Net Income for the three months ended in Mar. 2026 was ฿13.0 Mil. Quality Houses Business Complex Leasehold REIT's Revenue for the three months ended in Mar. 2026 was ฿244.7 Mil. Therefore, Quality Houses Business Complex Leasehold REIT's net margin for the quarter that ended in Mar. 2026 was 5.29%.

The historical rank and industry rank for Quality Houses Business Complex Leasehold REIT's Net Margin % or its related term are showing as below:

BKK:QHBREIT' s Net Margin % Range Over the Past 10 Years
Min: -10.23   Med: 64.48   Max: 75.68
Current: -10.23


BKK:QHBREIT's Net Margin % is ranked worse than
86.35% of 916 companies
in the REITs industry
Industry Median: 45.535 vs BKK:QHBREIT: -10.23

Quality Houses Business Complex Leasehold REIT  (BKK:QHBREIT) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


Quality Houses Business Complex Leasehold REIT Net Margin % Related Terms


Quality Houses Business Complex Leasehold REIT Net Margin % Historical Data

* Premium members only.

The historical data trend for Quality Houses Business Complex Leasehold REIT's Net 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.

Quality Houses Business Complex Leasehold REIT Net Margin % Chart

Quality Houses Business Complex Leasehold REIT Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 18.15 26.88 6.71 0.00 -8.69

Quality Houses Business Complex Leasehold REIT Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Net 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 11.32 22.32 16.76 -85.27 5.29

BKK:QHBREIT vs BXP, ARE, VNO: Net Margin % Comparison

For the REIT - Office subindustry, Quality Houses Business Complex Leasehold REIT's Net Margin %, along with its competitors' market caps and Net 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.


Quality Houses Business Complex Leasehold REIT Net Margin % vs REITs Industry

For the REITs industry and Real Estate sector, Quality Houses Business Complex Leasehold REIT's Net Margin % distribution charts can be found below:

* The bar in red indicates where Quality Houses Business Complex Leasehold REIT's Net Margin % falls into.


BKK:QHBREIT
44GF Score
Quality Houses Business Complex Leasehold REIT BKK:QHBREIT
Net Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Quality Houses Business Complex Leasehold REIT Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Quality Houses Business Complex Leasehold REIT's Net Margin for the fiscal year that ended in Dec. 2025 is calculated as

Net Margin=Net Income (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=-86.979/1001.274
=-8.69 %

Quality Houses Business Complex Leasehold REIT's Net Margin for the quarter that ended in Mar. 2026 is calculated as

Net Margin=Net Income (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=12.956/244.704
=5.29 %

* 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 Net Margin % →
What does a Net Margin % of 5.29% mean?
Quality Houses Business Complex Leasehold REIT (BKK:QHBREIT) has a Net Margin % of 5.29% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on Quality Houses Business Complex Leasehold REIT and its competitors. This is 92% below median its historical median of 64.48. According to the industry distribution chart, Quality Houses Business Complex Leasehold REIT ranks #791 out of 916 companies in the REITs industry, placing it in the top 86.4%.
Is Quality Houses Business Complex Leasehold REIT's Net Margin % too high?
Quality Houses Business Complex Leasehold REIT's current Net Margin % of 5.29% is 92% below median its 10-year median of 64.48. The REITs industry median Net Margin % is 45.54. Quality Houses Business Complex Leasehold REIT's value of 5.29% is 88.4% below this industry median. Based on the distribution chart, Quality Houses Business Complex Leasehold REIT ranks #791 out of 916 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, Quality Houses Business Complex Leasehold REIT has a GF Score™ of 44/100, reflecting its overall financial health beyond just this single metric.
How does Quality Houses Business Complex Leasehold REIT's Net Margin % compare to BXP and ARE?
According to the REITs industry distribution chart, Quality Houses Business Complex Leasehold REIT ranks #791 out of 916 companies for Net Margin %. This places Quality Houses Business Complex Leasehold REIT in the lower half of its industry. The industry median Net Margin % is 45.54. Quality Houses Business Complex Leasehold REIT's value of 5.29% is 88.4% below this benchmark. While the company's 10-year median is 64.48 vs. the industry median of 45.54, Quality Houses Business Complex Leasehold REIT 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 Net Margin % for a REITs company?
The median Net Margin % among REITs companies is 45.54, based on 916 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Quality Houses Business Complex Leasehold REIT's current Net Margin % of 5.29% is 88.4% 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 Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on Quality Houses Business Complex Leasehold REIT and its competitors. For the REITs industry, the median Net Margin % is 45.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Quality Houses Business Complex Leasehold REIT's current Net Margin % is 5.29%, which is 92% below median its own 10-year median of 64.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Quality Houses Business Complex Leasehold REIT stock overvalued right now?
Quality Houses Business Complex Leasehold REIT (BKK:QHBREIT) has a current Net Margin % of 5.29%. The current Net Margin % is 5.29%, which is 92% below median its 10-year median of 64.48 and 88.4% below the REITs industry median of 45.54. Quality Houses Business Complex Leasehold REIT's overall GF Score™ is 44/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For Quality Houses Business Complex Leasehold REIT (BKK:QHBREIT), the current Net Margin % is 5.29% 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.

Quality Houses Business Complex Leasehold REIT Business Description

Industry Real EstateREITs
Address South Sathorn Road, 14th Floor Q House Sathorn Building, Tungmahamek, Sathorn, Bangkok, THA, 10120
Quality Houses Business Complex Leasehold REIT is a Thailand-based closed-end property trust. It purchases, leases, and subleases immovable properties, and seeks benefits by way of letting, subletting transfer, or disposal of those immovable properties. Its properties include the Q House Ploenchit Building, Q House Lumpini Building, and Wave Place Building. The company operates in one reportable operating segment, which is Rental of immovable properties. Its operations are located in Thailand.
44GF Score

Get the complete analysis for BKK:QHBREIT

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

฿3.84
Price