S.A.S. Dragon Holdings (HKSE:01184) Net Margin %: 1.63% (As of Dec. 2025) — Near Median

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HKSE:01184 S.A.S. Dragon Holdings Ltd HKSE:01184
65 GF Score
Price HK$8.81
GF Value HK$5.08
Valuation Significantly Overvalued
! 5 Warning Signs
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What is S.A.S. Dragon Holdings Net Margin %?

S.A.S. Dragon Holdings HKSE:01184 +0.06% 65 Net Margin % is 1.63% as of Dec. 2025, which is 5% below its 10-year median of 1.71. GuruFocus rates HKSE:01184 with a GF Score™ of 65/100 and a GF Value™ of HK$5.08 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 2,473 Hardware companies, S.A.S. Dragon Holdings ranks worse than 56.33% on this metric.

Net margin is calculated as Net Income divided by its Revenue. S.A.S. Dragon Holdings's Net Income for the six months ended in Dec. 2025 was HK$293 Mil. S.A.S. Dragon Holdings's Revenue for the six months ended in Dec. 2025 was HK$17,943 Mil. Therefore, S.A.S. Dragon Holdings's net margin for the quarter that ended in Dec. 2025 was 1.63%.

The historical rank and industry rank for S.A.S. Dragon Holdings's Net Margin % or its related term are showing as below:

HKSE:01184' s Net Margin % Range Over the Past 10 Years
Min: 1.24   Med: 1.71   Max: 2.16
Current: 2.16


HKSE:01184's Net Margin % is ranked worse than
56.33% of 2473 companies
in the Hardware industry
Industry Median: 3.18 vs HKSE:01184: 2.16

S.A.S. Dragon Holdings  (HKSE:01184) 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.


S.A.S. Dragon Holdings Net Margin % Related Terms


S.A.S. Dragon Holdings Net Margin % Historical Data

* Premium members only.

The historical data trend for S.A.S. Dragon 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.

S.A.S. Dragon Holdings Net Margin % Chart

S.A.S. Dragon Holdings 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 2.02 1.60 1.81 1.81 1.82

S.A.S. Dragon Holdings Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 Jun26
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 2.42 1.21 2.09 1.63 2.44

HKSE:01184 vs SNX, ARW, AVT: Net Margin % Comparison

For the Electronics & Computer Distribution subindustry, S.A.S. Dragon 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.


S.A.S. Dragon Holdings Net Margin % vs Hardware Industry

For the Hardware industry and Technology sector, S.A.S. Dragon Holdings's Net Margin % distribution charts can be found below:

* The bar in red indicates where S.A.S. Dragon Holdings's Net Margin % falls into.


HKSE:01184
65GF Score
S.A.S. Dragon Holdings Ltd HKSE:01184
Net Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

S.A.S. Dragon 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.

S.A.S. Dragon Holdings'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 )
=556.715/30536.444
=1.82 %

S.A.S. Dragon Holdings'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 )
=293.192/17942.605
=1.63 %

* 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 1.63% mean?
S.A.S. Dragon Holdings (HKSE:01184) has a Net Margin % of 1.63% as of Dec. 2025. Net margin is the ratio of total net income to net sales. View historical data on S.A.S. Dragon Holdings and its competitors. This is near median its historical median of 1.71. Over the past decade, S.A.S. Dragon Holdings' Net Margin % has ranged from 1.24 to 2.16. According to the industry distribution chart, S.A.S. Dragon Holdings ranks #1393 out of 2473 companies in the Hardware industry, placing it in the top 56.3%.
Is S.A.S. Dragon Holdings' Net Margin % too high?
S.A.S. Dragon Holdings' current Net Margin % of 1.63% is near median its 10-year median of 1.71. Over the past 10 years, this metric has ranged from a low of 1.24 to a high of 2.16. The Hardware industry median Net Margin % is 3.18. S.A.S. Dragon Holdings' value of 1.63% is 48.7% below this industry median. Based on the distribution chart, S.A.S. Dragon Holdings ranks #1393 out of 2473 companies in the Hardware industry, which is below the industry midpoint. Overall, S.A.S. Dragon Holdings has a GF Score™ of 65/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does S.A.S. Dragon Holdings' Net Margin % compare to SNX and ARW?
According to the Hardware industry distribution chart, S.A.S. Dragon Holdings ranks #1393 out of 2473 companies for Net Margin %. This places S.A.S. Dragon Holdings in the lower half of its industry. The industry median Net Margin % is 3.18. S.A.S. Dragon Holdings' value of 1.63% is 48.7% below this benchmark. Historically, S.A.S. Dragon Holdings' own Net Margin % has ranged from 1.24 to 2.16 over the past decade. While the company's 10-year median is 1.71 vs. the industry median of 3.18, S.A.S. Dragon 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 Hardware company?
The median Net Margin % among Hardware companies is 3.18, based on 2,473 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. S.A.S. Dragon Holdings's current Net Margin % of 1.63% is 48.7% 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 S.A.S. Dragon Holdings and its competitors. For the Hardware industry, the median Net Margin % is 3.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. S.A.S. Dragon Holdings's current Net Margin % is 1.63%, which is near median its own 10-year median of 1.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is S.A.S. Dragon Holdings stock overvalued right now?
Based on GuruFocus' analysis, S.A.S. Dragon Holdings (HKSE:01184) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$5.08, compared to a current price of HK$8.81 — trading 73.4% above its estimated fair value. The current Net Margin % is 1.63%, which is near median its 10-year median of 1.71 and 48.7% below the Hardware industry median of 3.18. S.A.S. Dragon Holdings' overall GF Score™ is 65/100 with 5 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 S.A.S. Dragon Holdings (HKSE:01184), the current Net Margin % is 1.63% 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 S.A.S. Dragon Holdings (HKSE:01184) Overvalued in 2026?

Based on GuruFocus' analysis, S.A.S. Dragon Holdings stock appears to be overvalued. The current stock price of HK$8.81 is trading 73.4% above its estimated GF Value™ of HK$5.08. GuruFocus considers S.A.S. Dragon Holdings to be Significantly Overvalued.

Key valuation signals for HKSE:01184:

  • Net Margin %: 1.63% (near median its 10-year median of 1.71)
  • GF Value™: HK$5.08 vs. price of HK$8.81 (73.4% above fair value)
  • GF Score™: 65/100 with 5 warning signs
  • Industry Position: 48.7% below the Hardware median (#1393 of 2473)

No single metric tells the full story. See the HKSE:01184 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


S.A.S. Dragon Holdings Business Description

Address 55 Lei Muk Road, 19th Floor, S.A.S. Tower, Kwai Chung, N.T, HKG
S.A.S. Dragon Holdings Ltd is engaged in the distribution of electronic components and semiconductor products used in mobile phones, consumer electronics, computer and networking equipment, and telecommunication products. The Group is also involved in the sale and contract works of LED lighting and display products, distribution of business equipment, provision of related ancillary services, and property investments. Its segments are Sales of electronic components and semiconductors, Sales of business equipment and provision of related ancillary services, Contract works of LED lighting and display products, and Sales of LED lighting and display products. It generates maximum revenue from Sales of electronic components and semiconductors from Hong Kong.
65GF Score

Get the complete analysis for HKSE:01184

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

HK$8.81
Price
HK$5.08
GF Value