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.
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.
Shougang Century Holdings (HKSE:00103) 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.
Shougang Century Holdings Net Margin % Related Terms
Shougang Century Holdings Net Margin % Historical Data
* 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.
HKSE:00103 vs NUE, STLD, RS: Net Margin % Comparison
For the Steel subindustry, Shougang Century Holdings'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.
Shougang Century Holdings Net Margin % vs Steel Industry
For the Steel industry and Basic Materials sector, Shougang Century Holdings's Net Margin % distribution charts can be found below:
* The bar in red indicates where Shougang Century Holdings's Net Margin % falls into.
* 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.
Shougang Century Holdings (HKSE:00103) has a Net Margin % of 1.94% as of Dec. 2025. Net margin is the ratio of total net income to net sales. View historical data on Shougang Century Holdings and its competitors. This is near median its historical median of 2.09. According to the industry distribution chart, Shougang Century Holdings ranks #296 out of 611 companies in the Steel industry, placing it in the top 48.4%.
Is Shougang Century Holdings' Net Margin % too high?
Shougang Century Holdings' current Net Margin % of 1.94% is near median its 10-year median of 2.09. The Steel industry median Net Margin % is 2.10. Shougang Century Holdings' value of 1.94% is 7.6% below this industry median. Based on the distribution chart, Shougang Century Holdings ranks #296 out of 611 companies in the Steel industry, which is above the industry midpoint. Overall, Shougang Century Holdings has a GF Score™ of 61/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Shougang Century Holdings' Net Margin % compare to NUE and STLD?
According to the Steel industry distribution chart, Shougang Century Holdings ranks #296 out of 611 companies for Net Margin %. This puts Shougang Century Holdings in the upper half of its industry. The industry median Net Margin % is 2.10. Shougang Century Holdings' value of 1.94% is 7.6% below this benchmark. While the company's 10-year median is 2.09 vs. the industry median of 2.10, Shougang Century Holdings 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 Steel company?
The median Net Margin % among Steel companies is 2.10, based on 611 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. Shougang Century Holdings's current Net Margin % of 1.94% is 7.6% 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 Shougang Century Holdings and its competitors. For the Steel industry, the median Net Margin % is 2.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shougang Century Holdings's current Net Margin % is 1.94%, which is near median its own 10-year median of 2.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shougang Century Holdings stock overvalued right now?
Based on GuruFocus' analysis, Shougang Century Holdings (HKSE:00103) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$1.11, compared to a current price of HK$1.85 — trading 66.7% above its estimated fair value. The current Net Margin % is 1.94%, which is near median its 10-year median of 2.09 and 7.6% below the Steel industry median of 2.10. Shougang Century Holdings' overall GF Score™ is 61/100 with 8 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 Shougang Century Holdings (HKSE:00103), the current Net Margin % is 1.94% 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 Shougang Century Holdings (HKSE:00103) Overvalued in 2026?
Based on GuruFocus' analysis, Shougang Century Holdings stock appears to be overvalued.
The current stock price of HK$1.85 is trading 66.7% above its estimated GF Value™ of HK$1.11.
GuruFocus considers Shougang Century Holdings to be Significantly Overvalued.
Key valuation signals for HKSE:00103:
Net Margin %: 1.94% (near median its 10-year median of 2.09)
GF Value™: HK$1.11 vs. price of HK$1.85 (66.7% above fair value)
Industry Position: 7.6% below the Steel median (#296 of 611)
No single metric tells the full story. See the HKSE:00103 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shougang Century Holdings Ltd, along with its subsidiaries, is engaged in the manufacturing and sales of steel cords for radial tyres, sawing wires, and hose wires. The steel cords are specifically used in radial tires. The company generates the majority of its revenue from the steel cord business in China. The Group's operations are currently organized into one reportable segment: steel cord.
61GF Score
Get the complete analysis for HKSE:00103
Net Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
HKSE:00103 has been successfully added to your 
