China Pipe Group (HKSE:00380) Net Margin %: 7.40% (As of Dec. 2025) — 10% Below Median

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HKSE:00380 China Pipe Group Ltd HKSE:00380
50 GF Score
Price HK$0.12
GF Value HK$0.09
Valuation Significantly Overvalued
! 2 Warning Signs
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What is China Pipe Group Net Margin %?

China Pipe Group HKSE:00380 -3.88% 50 Net Margin % is 7.40% as of Dec. 2025, which is 10% below its 10-year median of 8.18. GuruFocus rates HKSE:00380 with a GF Score™ of 50/100 and a GF Value™ of HK$0.09 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 1,131 Retail - Cyclical companies, China Pipe Group ranks better than 82.49% on this metric.

Net margin is calculated as Net Income divided by its Revenue. China Pipe Group's Net Income for the six months ended in Dec. 2025 was HK$23.5 Mil. China Pipe Group's Revenue for the six months ended in Dec. 2025 was HK$317.5 Mil. Therefore, China Pipe Group's net margin for the quarter that ended in Dec. 2025 was 7.40%.

The historical rank and industry rank for China Pipe Group's Net Margin % or its related term are showing as below:

HKSE:00380' s Net Margin % Range Over the Past 10 Years
Min: 1.29   Med: 8.18   Max: 11.52
Current: 8.67


HKSE:00380's Net Margin % is ranked better than
82.49% of 1131 companies
in the Retail - Cyclical industry
Industry Median: 2.35 vs HKSE:00380: 8.67

China Pipe Group  (HKSE:00380) 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.


China Pipe Group Net Margin % Related Terms


China Pipe Group Net Margin % Historical Data

* Premium members only.

The historical data trend for China Pipe Group'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.

China Pipe Group Net Margin % Chart

China Pipe Group 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 8.27 7.73 8.18 11.13 8.67

China Pipe Group 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 7.17 9.99 12.18 9.90 7.40

HKSE:00380 vs HD, LOW, FND: Net Margin % Comparison

For the Home Improvement Retail subindustry, China Pipe Group'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.


China Pipe Group Net Margin % vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, China Pipe Group's Net Margin % distribution charts can be found below:

* The bar in red indicates where China Pipe Group's Net Margin % falls into.


HKSE:00380
50GF Score
China Pipe Group Ltd HKSE:00380
Net Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

China Pipe Group 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.

China Pipe Group'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 )
=55.966/645.374
=8.67 %

China Pipe Group'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 )
=23.495/317.525
=7.40 %

* 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 7.40% mean?
China Pipe Group (HKSE:00380) has a Net Margin % of 7.40% as of Dec. 2025. Net margin is the ratio of total net income to net sales. View historical data on China Pipe Group and its competitors. This is 10% below median its historical median of 8.18. Over the past decade, China Pipe Group's Net Margin % has ranged from 1.29 to 11.52. According to the industry distribution chart, China Pipe Group ranks #198 out of 1131 companies in the Retail - Cyclical industry, placing it in the top 17.5%.
Is China Pipe Group's Net Margin % too high?
China Pipe Group's current Net Margin % of 7.40% is 10% below median its 10-year median of 8.18. Over the past 10 years, this metric has ranged from a low of 1.29 to a high of 11.52. The Retail - Cyclical industry median Net Margin % is 2.35. China Pipe Group's value of 7.40% is 214.9% above this industry median. Based on the distribution chart, China Pipe Group ranks #198 out of 1131 companies in the Retail - Cyclical industry, which is in the top quartile — a strong position relative to peers. Overall, China Pipe Group has a GF Score™ of 50/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does China Pipe Group's Net Margin % compare to HD and LOW?
According to the Retail - Cyclical industry distribution chart, China Pipe Group ranks #198 out of 1131 companies for Net Margin %. This places China Pipe Group in the top 18% of its industry — outperforming the majority of peers. The industry median Net Margin % is 2.35. China Pipe Group's value of 7.40% is 214.9% above this benchmark. Historically, China Pipe Group's own Net Margin % has ranged from 1.29 to 11.52 over the past decade. While the company's 10-year median is 8.18 vs. the industry median of 2.35, China Pipe Group 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 Retail - Cyclical company?
The median Net Margin % among Retail - Cyclical companies is 2.35, based on 1,131 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. China Pipe Group's current Net Margin % of 7.40% is 214.9% 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 China Pipe Group and its competitors. For the Retail - Cyclical industry, the median Net Margin % is 2.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China Pipe Group's current Net Margin % is 7.40%, which is 10% below median its own 10-year median of 8.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Pipe Group stock overvalued right now?
Based on GuruFocus' analysis, China Pipe Group (HKSE:00380) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.09, compared to a current price of HK$0.12 — trading 37.8% above its estimated fair value. The current Net Margin % is 7.40%, which is 10% below median its 10-year median of 8.18 and 214.9% above the Retail - Cyclical industry median of 2.35. China Pipe Group's overall GF Score™ is 50/100 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 China Pipe Group (HKSE:00380), the current Net Margin % is 7.40% 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 China Pipe Group (HKSE:00380) Overvalued in 2026?

Based on GuruFocus' analysis, China Pipe Group stock appears to be overvalued. The current stock price of HK$0.12 is trading 37.8% above its estimated GF Value™ of HK$0.09. GuruFocus considers China Pipe Group to be Significantly Overvalued.

Key valuation signals for HKSE:00380:

  • Net Margin %: 7.40% (10% below median its 10-year median of 8.18)
  • GF Value™: HK$0.09 vs. price of HK$0.12 (37.8% above fair value)
  • GF Score™: 50/100 with 2 warning signs
  • Industry Position: 214.9% above the Retail - Cyclical median (#198 of 1131)

No single metric tells the full story. See the HKSE:00380 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


China Pipe Group Business Description

Address 193 Prince Edward Road West, Unit 1010-1016, Level 10, Tower II, Grand Century Place, Mongkok, Kowloon, Hong Kong, HKG
China Pipe Group Ltd is engaged in the importing and selling of a range of pipes, fittings, and other related accessories of different materials, applications, and brand names. Sales of the group's products are conducted either by wholesale or retail sale. The company operates under one operating segment, the trading of construction materials, mainly pipes and fittings. Geographically, it operates in Hong Kong, Macau, and Mainland China, with the majority of the revenue deriving from Hong Kong.
50GF Score

Get the complete analysis for HKSE:00380

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

HK$0.12
Price
HK$0.09
GF Value