Top Form International (HKSE:00333) Net Margin %: -8.28% (As of Dec. 2025)

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HKSE:00333 Top Form International Ltd HKSE:00333
26 GF Score
Price HK$0.19
GF Value HK$0.29
Valuation Possible Value Trap
! 2 Warning Signs
View Full Analysis

What is Top Form International Net Margin %?

Top Form International HKSE:00333 26 Net Margin % is -8.28% as of Dec. 2025. GuruFocus rates HKSE:00333 with a GF Score™ of 26/100 and a GF Value™ of HK$0.29 (Possible Value Trap). The stock has 2 warning signs investors should review. Among 1,041 Manufacturing - Apparel & Accessories companies, Top Form International ranks worse than 80.6% on this metric.

Net margin is calculated as Net Income divided by its Revenue. Top Form International's Net Income for the six months ended in Dec. 2025 was HK$-41 Mil. Top Form International's Revenue for the six months ended in Dec. 2025 was HK$501 Mil. Therefore, Top Form International's net margin for the quarter that ended in Dec. 2025 was -8.28%.

The historical rank and industry rank for Top Form International's Net Margin % or its related term are showing as below:

HKSE:00333' s Net Margin % Range Over the Past 10 Years
Min: -8.41   Med: 0   Max: 2.74
Current: -5.24


HKSE:00333's Net Margin % is ranked worse than
80.6% of 1041 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 2.58 vs HKSE:00333: -5.24

Top Form International  (HKSE:00333) 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.


Top Form International Net Margin % Related Terms


Top Form International Net Margin % Historical Data

* Premium members only.

The historical data trend for Top Form International'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.

Top Form International Net Margin % Chart

Top Form International Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.20 0.24 -8.41 -0.20 -2.68

Top Form International 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 -2.53 1.75 -2.77 -2.59 -8.28

HKSE:00333 vs RL, LEVI, VFC: Net Margin % Comparison

For the Apparel Manufacturing subindustry, Top Form International'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.


Top Form International Net Margin % vs Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where Top Form International's Net Margin % falls into.


HKSE:00333
26GF Score
Top Form International Ltd HKSE:00333
Net Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Top Form International 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.

Top Form International's Net Margin for the fiscal year that ended in Jun. 2025 is calculated as

Net Margin=Net Income (A: Jun. 2025 )/Revenue (A: Jun. 2025 )
=-32.609/1215.731
=-2.68 %

Top Form International'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 )
=-41.454/500.741
=-8.28 %

* 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 -8.28% mean?
Top Form International (HKSE:00333) has a Net Margin % of -8.28% as of Dec. 2025. Net margin is the ratio of total net income to net sales. View historical data on Top Form International and its competitors. According to the industry distribution chart, Top Form International ranks #839 out of 1041 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 80.6%.
Is Top Form International's Net Margin % too high?
Top Form International's current Net Margin % is -8.28%. Based on the distribution chart, Top Form International ranks #839 out of 1041 companies in the Manufacturing - Apparel & Accessories industry, which is in the bottom quartile relative to peers. Overall, Top Form International has a GF Score™ of 26/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Top Form International's Net Margin % compare to RL and LEVI?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Top Form International ranks #839 out of 1041 companies for Net Margin %. This places Top Form International in the lower half of its industry. The industry median Net Margin % is 2.58. 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 2.58, based on 1,041 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. 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 Top Form International and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Net Margin % is 2.58 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Top Form International's current Net Margin % is -8.28%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Top Form International stock overvalued right now?
Based on GuruFocus' analysis, Top Form International (HKSE:00333) is currently considered Possible Value Trap. The stock's GF Value™ is HK$0.29, compared to a current price of HK$0.19 — trading 34.5% below its estimated fair value. The current Net Margin % is -8.28%. Top Form International's overall GF Score™ is 26/100 with 2 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 Top Form International (HKSE:00333), the current Net Margin % is -8.28% 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 Top Form International (HKSE:00333) Overvalued in 2026?

Based on GuruFocus' analysis, Top Form International stock appears to be undervalued. The current stock price of HK$0.19 is trading 34.5% below its estimated GF Value™ of HK$0.29. GuruFocus considers Top Form International to be Possible Value Trap.

Key valuation signals for HKSE:00333:

  • Net Margin %: -8.28%
  • GF Value™: HK$0.29 vs. price of HK$0.19 (34.5% below fair value)
  • GF Score™: 26/100 with 2 warning signs

No single metric tells the full story. See the HKSE:00333 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Top Form International Business Description

Address 33 Tseuk Luk Street, 7th Floor, Port 33, San Po Kong, Kowloon, Hong Kong, HKG
Top Form International Ltd is an investment holding company. The company designs, manufacture, and distributes ladies intimate apparel, principally brassieres. Geographically, it derives a majority of revenue from the United States of America and also has a presence in Belgium; Hong Kong, Cambodia, Myanmar, Indonesia, Netherlands; Spain; France; Sri Lanka; Canada; People's Republic of China; Germany; Italy; Mexico; and other countries.
26GF Score

Get the complete analysis for HKSE:00333

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

HK$0.19
Price
HK$0.29
GF Value