China-Hongkong Photo Products Holdings (HKSE:01123) Net Margin %: -0.23% (As of Mar. 2026)

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HKSE:01123 China-Hongkong Photo Products Holdings Ltd HKSE:01123
47 GF Score
Price HK$0.14
GF Value HK$0.12
Valuation Modestly Overvalued
! 8 Warning Signs
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What is China-Hongkong Photo Products Holdings Net Margin %?

China-Hongkong Photo Products Holdings HKSE:01123 -0.71% 47 Net Margin % is -0.23% as of Mar. 2026. GuruFocus rates HKSE:01123 with a GF Score™ of 47/100 and a GF Value™ of HK$0.12 (Modestly Overvalued). The stock has 8 warning signs investors should review. Among 845 Travel & Leisure companies, China-Hongkong Photo Products Holdings ranks worse than 66.15% on this metric.

Net margin is calculated as Net Income divided by its Revenue. China-Hongkong Photo Products Holdings's Net Income for the six months ended in Mar. 2026 was HK$-1.1 Mil. China-Hongkong Photo Products Holdings's Revenue for the six months ended in Mar. 2026 was HK$492.4 Mil. Therefore, China-Hongkong Photo Products Holdings's net margin for the quarter that ended in Mar. 2026 was -0.23%.

The historical rank and industry rank for China-Hongkong Photo Products Holdings's Net Margin % or its related term are showing as below:

HKSE:01123' s Net Margin % Range Over the Past 10 Years
Min: -4.87   Med: 1.27   Max: 4.11
Current: 0.76


HKSE:01123's Net Margin % is ranked worse than
66.15% of 845 companies
in the Travel & Leisure industry
Industry Median: 4.88 vs HKSE:01123: 0.76

China-Hongkong Photo Products Holdings  (HKSE:01123) 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-Hongkong Photo Products Holdings Net Margin % Related Terms


China-Hongkong Photo Products Holdings Net Margin % Historical Data

* Premium members only.

The historical data trend for China-Hongkong Photo Products 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.

China-Hongkong Photo Products Holdings Net Margin % Chart

China-Hongkong Photo Products 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 1.78 3.78 2.70 -0.23 0.76

China-Hongkong Photo Products 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 0.19 1.33 -2.03 1.72 -0.23

HKSE:01123 vs AS, HAS, LTH: Net Margin % Comparison

For the Leisure subindustry, China-Hongkong Photo Products 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.


China-Hongkong Photo Products Holdings Net Margin % vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, China-Hongkong Photo Products Holdings's Net Margin % distribution charts can be found below:

* The bar in red indicates where China-Hongkong Photo Products Holdings's Net Margin % falls into.


HKSE:01123
47GF Score
China-Hongkong Photo Products Holdings Ltd HKSE:01123
Net Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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China-Hongkong Photo Products 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.

China-Hongkong Photo Products Holdings's Net Margin for the fiscal year that ended in Mar. 2026 is calculated as

Net Margin=Net Income (A: Mar. 2026 )/Revenue (A: Mar. 2026 )
=7.576/998.091
=0.76 %

China-Hongkong Photo Products Holdings's Net Margin for the quarter that ended in Mar. 2026 is calculated as

Net Margin=Net Income (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=-1.116/492.443
=-0.23 %

* 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 -0.23% mean?
China-Hongkong Photo Products Holdings (HKSE:01123) has a Net Margin % of -0.23% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on China-Hongkong Photo Products Holdings and its competitors. According to the industry distribution chart, China-Hongkong Photo Products Holdings ranks #559 out of 845 companies in the Travel & Leisure industry, placing it in the top 66.2%.
Is China-Hongkong Photo Products Holdings' Net Margin % too high?
China-Hongkong Photo Products Holdings' current Net Margin % is -0.23%. Based on the distribution chart, China-Hongkong Photo Products Holdings ranks #559 out of 845 companies in the Travel & Leisure industry, which is below the industry midpoint. Overall, China-Hongkong Photo Products Holdings has a GF Score™ of 47/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does China-Hongkong Photo Products Holdings' Net Margin % compare to AS and HAS?
According to the Travel & Leisure industry distribution chart, China-Hongkong Photo Products Holdings ranks #559 out of 845 companies for Net Margin %. This places China-Hongkong Photo Products Holdings in the lower half of its industry. The industry median Net Margin % is 4.88. 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 Travel & Leisure company?
The median Net Margin % among Travel & Leisure companies is 4.88, based on 845 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 China-Hongkong Photo Products Holdings and its competitors. For the Travel & Leisure industry, the median Net Margin % is 4.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China-Hongkong Photo Products Holdings's current Net Margin % is -0.23%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China-Hongkong Photo Products Holdings stock overvalued right now?
Based on GuruFocus' analysis, China-Hongkong Photo Products Holdings (HKSE:01123) is currently considered Modestly Overvalued. The stock's GF Value™ is HK$0.12, compared to a current price of HK$0.14 — trading 15.8% above its estimated fair value. The current Net Margin % is -0.23%. China-Hongkong Photo Products Holdings' overall GF Score™ is 47/100 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 China-Hongkong Photo Products Holdings (HKSE:01123), the current Net Margin % is -0.23% as of Mar. 2026. 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-Hongkong Photo Products Holdings (HKSE:01123) Overvalued in 2026?

Based on GuruFocus' analysis, China-Hongkong Photo Products Holdings stock appears to be overvalued. The current stock price of HK$0.14 is trading 15.8% above its estimated GF Value™ of HK$0.12. GuruFocus considers China-Hongkong Photo Products Holdings to be Modestly Overvalued.

Key valuation signals for HKSE:01123:

  • Net Margin %: -0.23%
  • GF Value™: HK$0.12 vs. price of HK$0.14 (15.8% above fair value)
  • GF Score™: 47/100 with 8 warning signs

No single metric tells the full story. See the HKSE:01123 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


China-Hongkong Photo Products Holdings Business Description

Address 220-248 Texaco Road, 8th Floor, Tsuen Wan Industrial Centre, Tsuen Wan, Hong Kong, HKG
China-Hongkong Photo Products Holdings Ltd is an investment holding company. The company's operating segment includes Merchandise; Service; Investment and Corporate and others. The Merchandise segment is engaged in the marketing and distribution of photographic developing, processing and printing products as well as the sale of photographic merchandise, skincare products, consumer electronic products, and household appliances. It generates maximum revenue from the Merchandise segment. Geographically, it derives a majority of revenue from Hong Kong.
47GF Score

Get the complete analysis for HKSE:01123

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

HK$0.14
Price
HK$0.12
GF Value