National Electronics Holdings (HKSE:00213) Net Margin %: 8.26% (As of Sep. 2025) — 45% Below Median

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HKSE:00213 National Electronics Holdings Ltd HKSE:00213
41 GF Score
Price HK$0.36
GF Value HK$0.55
Valuation Possible Value Trap
! 8 Warning Signs
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What is National Electronics Holdings Net Margin %?

National Electronics Holdings HKSE:00213 41 Net Margin % is 8.26% as of Sep. 2025, which is 45% below its 10-year median of 14.98. GuruFocus rates HKSE:00213 with a GF Score™ of 41/100 and a GF Value™ of HK$0.55 (Possible Value Trap). The stock has 8 warning signs investors should review. Among 1,042 Manufacturing - Apparel & Accessories companies, National Electronics Holdings ranks worse than 61.8% on this metric.

Net margin is calculated as Net Income divided by its Revenue. National Electronics Holdings's Net Income for the six months ended in Sep. 2025 was HK$24 Mil. National Electronics Holdings's Revenue for the six months ended in Sep. 2025 was HK$285 Mil. Therefore, National Electronics Holdings's net margin for the quarter that ended in Sep. 2025 was 8.26%.

The historical rank and industry rank for National Electronics Holdings's Net Margin % or its related term are showing as below:

HKSE:00213' s Net Margin % Range Over the Past 10 Years
Min: 1.02   Med: 14.98   Max: 25.17
Current: 1.02


HKSE:00213's Net Margin % is ranked worse than
61.8% of 1042 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 2.565 vs HKSE:00213: 1.02

National Electronics Holdings  (HKSE:00213) 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.


National Electronics Holdings Net Margin % Related Terms


National Electronics Holdings Net Margin % Historical Data

* Premium members only.

The historical data trend for National Electronics Holdings'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.

National Electronics Holdings Net Margin % Chart

National Electronics Holdings Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.15 9.75 7.11 18.69 1.02

National Electronics Holdings Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 6.76 8.49 28.92 8.26 0.47

HKSE:00213 vs NKE, DECK, ONON: Net Margin % Comparison

For the Footwear & Accessories subindustry, National Electronics 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.


National Electronics Holdings Net Margin % vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, National Electronics Holdings's Net Margin % distribution charts can be found below:

* The bar in red indicates where National Electronics Holdings's Net Margin % falls into.


HKSE:00213
41GF Score
National Electronics Holdings Ltd HKSE:00213
Net Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

National Electronics Holdings 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.

National Electronics Holdings's Net Margin for the fiscal year that ended in Mar. 2025 is calculated as

Net Margin=Net Income (A: Mar. 2025 )/Revenue (A: Mar. 2025 )
=93.898/502.305
=18.69 %

National Electronics Holdings's Net Margin for the quarter that ended in Sep. 2025 is calculated as

Net Margin=Net Income (Q: Sep. 2025 )/Revenue (Q: Sep. 2025 )
=23.562/285.179
=8.26 %

* 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 8.26% mean?
National Electronics Holdings (HKSE:00213) has a Net Margin % of 8.26% as of Sep. 2025. Net margin is the ratio of total net income to net sales. View historical data on National Electronics Holdings and its competitors. This is 45% below median its historical median of 14.98. Over the past decade, National Electronics Holdings' Net Margin % has ranged from 1.02 to 25.17. According to the industry distribution chart, National Electronics Holdings ranks #644 out of 1042 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 61.8%.
Is National Electronics Holdings' Net Margin % too high?
National Electronics Holdings' current Net Margin % of 8.26% is 45% below median its 10-year median of 14.98. Over the past 10 years, this metric has ranged from a low of 1.02 to a high of 25.17. The Manufacturing - Apparel & Accessories industry median Net Margin % is 2.57. National Electronics Holdings' value of 8.26% is 222% above this industry median. Based on the distribution chart, National Electronics Holdings ranks #644 out of 1042 companies in the Manufacturing - Apparel & Accessories industry, which is below the industry midpoint. Overall, National Electronics Holdings has a GF Score™ of 41/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does National Electronics Holdings' Net Margin % compare to NKE and DECK?
According to the Manufacturing - Apparel & Accessories industry distribution chart, National Electronics Holdings ranks #644 out of 1042 companies for Net Margin %. This places National Electronics Holdings in the lower half of its industry. The industry median Net Margin % is 2.57. National Electronics Holdings' value of 8.26% is 222% above this benchmark. Historically, National Electronics Holdings' own Net Margin % has ranged from 1.02 to 25.17 over the past decade. While the company's 10-year median is 14.98 vs. the industry median of 2.57, National Electronics Holdings 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 Manufacturing - Apparel & Accessories company?
The median Net Margin % among Manufacturing - Apparel & Accessories companies is 2.57, based on 1,042 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. National Electronics Holdings's current Net Margin % of 8.26% is 222% 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 National Electronics Holdings and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Net Margin % is 2.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. National Electronics Holdings's current Net Margin % is 8.26%, which is 45% below median its own 10-year median of 14.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is National Electronics Holdings stock overvalued right now?
Based on GuruFocus' analysis, National Electronics Holdings (HKSE:00213) is currently considered Possible Value Trap. The stock's GF Value™ is HK$0.55, compared to a current price of HK$0.36 — trading 34.5% below its estimated fair value. The current Net Margin % is 8.26%, which is 45% below median its 10-year median of 14.98 and 222% above the Manufacturing - Apparel & Accessories industry median of 2.57. National Electronics Holdings' overall GF Score™ is 41/100 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 National Electronics Holdings (HKSE:00213), the current Net Margin % is 8.26% as of Sep. 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 National Electronics Holdings (HKSE:00213) Overvalued in 2026?

Based on GuruFocus' analysis, National Electronics Holdings stock appears to be undervalued. The current stock price of HK$0.36 is trading 34.5% below its estimated GF Value™ of HK$0.55. GuruFocus considers National Electronics Holdings to be Possible Value Trap.

Key valuation signals for HKSE:00213:

  • Net Margin %: 8.26% (45% below median its 10-year median of 14.98)
  • GF Value™: HK$0.55 vs. price of HK$0.36 (34.5% below fair value)
  • GF Score™: 41/100 with 8 warning signs
  • Industry Position: 222% above the Manufacturing - Apparel & Accessories median (#644 of 1042)

No single metric tells the full story. See the HKSE:00213 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


National Electronics Holdings Business Description

Address 10 Chater Road, Suite 1218, Prince’s Building, Central, Hong Kong, HKG
National Electronics Holdings Ltd is an investment holding company. Along with its subsidiaries, it is principally engaged in the manufacture, assembly, and sale of electronic watches and watch parts, trading of watch movements and watch parts, and property development and investment. The group's reportable and operating segments are: Manufacture of watches and trading of watch movements, which generate maximum revenue; Residential and other property development and investment; and Commercial property investment. Geographically, the group generates maximum revenue from Hong Kong and the PRC, followed by Europe, North America, and other regions.
41GF Score

Get the complete analysis for HKSE:00213

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

HK$0.36
Price
HK$0.55
GF Value