Hang Lung Properties (FRA:AOP) Net Margin %: 17.94% (As of Dec. 2025) — 53% Below Median


FRA:AOP Hang Lung Properties Ltd FRA:AOP
80 GF Score
Price €0.77
GF Value €0.88
! 7 Warning Signs
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What is Hang Lung Properties Net Margin %?

Hang Lung Properties FRA:AOP +0.16% 80 Net Margin % is 17.94% as of Dec. 2025, which is 53% below its 10-year median of 37.98. GuruFocus rates FRA:AOP with a GF Score™ of 80/100 and a GF Value™ of €0.88. The stock has 7 warning signs investors should review. Among 1,755 Real Estate companies, Hang Lung Properties ranks better than 65.41% on this metric.

Net margin is calculated as Net Income divided by its Revenue. Hang Lung Properties's Net Income for the six months ended in Dec. 2025 was €98 Mil. Hang Lung Properties's Revenue for the six months ended in Dec. 2025 was €547 Mil. Therefore, Hang Lung Properties's net margin for the quarter that ended in Dec. 2025 was 17.94%.

The historical rank and industry rank for Hang Lung Properties's Net Margin % or its related term are showing as below:

FRA:AOP' s Net Margin % Range Over the Past 10 Years
Min: -28.65   Med: 37.98   Max: 85.86
Current: 18.15


FRA:AOP's Net Margin % is ranked better than
65.41% of 1755 companies
in the Real Estate industry
Industry Median: 8.03 vs FRA:AOP: 18.15

Hang Lung Properties  (FRA:AOP) 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.


Hang Lung Properties Net Margin % Related Terms


Hang Lung Properties Net Margin % Historical Data

* Premium members only.

The historical data trend for Hang Lung Properties'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.

Hang Lung Properties Net Margin % Chart

Hang Lung Properties 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 37.48 37.07 38.48 19.15 18.15

Hang Lung Properties Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 31.03 17.35 21.29 18.36 17.94

FRA:AOP vs CBRE, BEKE: Net Margin % Comparison

For the Real Estate Services subindustry, Hang Lung Properties'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.


Hang Lung Properties Net Margin % vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Hang Lung Properties's Net Margin % distribution charts can be found below:

* The bar in red indicates where Hang Lung Properties's Net Margin % falls into.


FRA:AOP
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Hang Lung Properties Ltd FRA:AOP
Net Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Hang Lung Properties 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.

Hang Lung Properties'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 )
=198.222/1092.086
=18.15 %

Hang Lung Properties's Net Margin for the quarter that ended in Dec. 2025 is calculated as

Net Margin=Net Income (Q: Dec. 2025 )/Revenue (Q: Dec. 2025 )
=98.123/546.811
=17.94 %

* 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 17.94% mean?
Hang Lung Properties (FRA:AOP) has a Net Margin % of 17.94% as of Dec. 2025. Net margin is the ratio of total net income to net sales. View historical data on Hang Lung Properties and its competitors. This is 53% below median its historical median of 37.98. According to the industry distribution chart, Hang Lung Properties ranks #607 out of 1755 companies in the Real Estate industry, placing it in the top 34.6%.
Is Hang Lung Properties' Net Margin % too high?
Hang Lung Properties' current Net Margin % of 17.94% is 53% below median its 10-year median of 37.98. The Real Estate industry median Net Margin % is 8.03. Hang Lung Properties' value of 17.94% is 123.4% above this industry median. Based on the distribution chart, Hang Lung Properties ranks #607 out of 1755 companies in the Real Estate industry, which is above the industry midpoint. Overall, Hang Lung Properties has a GF Score™ of 80/100, reflecting its overall financial health beyond just this single metric.
How does Hang Lung Properties' Net Margin % compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Hang Lung Properties ranks #607 out of 1755 companies for Net Margin %. This puts Hang Lung Properties in the upper half of its industry. The industry median Net Margin % is 8.03. Hang Lung Properties' value of 17.94% is 123.4% above this benchmark. While the company's 10-year median is 37.98 vs. the industry median of 8.03, Hang Lung Properties has consistently been above 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 Real Estate company?
The median Net Margin % among Real Estate companies is 8.03, based on 1,755 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. Hang Lung Properties's current Net Margin % of 17.94% is 123.4% above 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 Hang Lung Properties and its competitors. For the Real Estate industry, the median Net Margin % is 8.03 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hang Lung Properties's current Net Margin % is 17.94%, which is 53% below median its own 10-year median of 37.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hang Lung Properties stock overvalued right now?
Hang Lung Properties (FRA:AOP) has a current Net Margin % of 17.94%. The stock's GF Value™ is €0.88, compared to a current price of €0.77 — trading 12.6% below its estimated fair value. The current Net Margin % is 17.94%, which is 53% below median its 10-year median of 37.98 and 123.4% above the Real Estate industry median of 8.03. Hang Lung Properties' overall GF Score™ is 80/100 with 7 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 Hang Lung Properties (FRA:AOP), the current Net Margin % is 17.94% 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 Hang Lung Properties (FRA:AOP) Overvalued in 2026?

Based on GuruFocus' analysis, Hang Lung Properties stock appears to be undervalued. The current stock price of €0.77 is trading 12.6% below its estimated GF Value™ of €0.88.

Key valuation signals for FRA:AOP:

  • Net Margin %: 17.94% (53% below median its 10-year median of 37.98)
  • GF Value™: €0.88 vs. price of €0.77 (12.6% below fair value)
  • GF Score™: 80/100 with 7 warning signs
  • Industry Position: 123.4% above the Real Estate median (#607 of 1755)

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


Hang Lung Properties Business Description

Address 4 Des Voeux Road Central, 28th Floor, Standard Chartered Bank Building, Hong Kong, HKG
Hung Lung Properties, or HLP, is the property arm of Hang Lung Group Limited and primarily operates premium commercial properties in mainland China and Hong Kong. The company also develops and sells residential properties in both regions. Most of its revenue is generated from mainland China, with focus on retail malls in Tier 1 and 2 cities including Shanghai, Wuxi, Hangzhou, Wuhan, Kunming, Jinan, Dalian, Shenyang and Tianjin. The company is 59% owned by Hang Lung Group.
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Net Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€0.77
Price
€0.88
GF Value