GC Construction Holdings (HKSE:01489) Net Margin %: -49.90% (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

HKSE:01489 GC Construction Holdings Ltd HKSE:01489
52 GF Score
Price HK$0.90
GF Value HK$0.21
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is GC Construction Holdings Net Margin %?

GC Construction Holdings HKSE:01489 +25.00% 52 Net Margin % is -49.90% as of Mar. 2026. GuruFocus rates HKSE:01489 with a GF Score™ of 52/100 and a GF Value™ of HK$0.21 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 1,772 Construction companies, GC Construction Holdings ranks worse than 91.42% on this metric.

Net margin is calculated as Net Income divided by its Revenue. GC Construction Holdings's Net Income for the six months ended in Mar. 2026 was HK$-51.7 Mil. GC Construction Holdings's Revenue for the six months ended in Mar. 2026 was HK$103.7 Mil. Therefore, GC Construction Holdings's net margin for the quarter that ended in Mar. 2026 was -49.90%.

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

HKSE:01489' s Net Margin % Range Over the Past 10 Years
Min: -23.41   Med: 4.27   Max: 10.45
Current: -23.41


HKSE:01489's Net Margin % is ranked worse than
91.42% of 1772 companies
in the Construction industry
Industry Median: 3.91 vs HKSE:01489: -23.41

GC Construction Holdings  (HKSE:01489) 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.


GC Construction Holdings Net Margin % Related Terms


GC Construction Holdings Net Margin % Historical Data

* Premium members only.

The historical data trend for GC Construction 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.

GC Construction Holdings Net Margin % Chart

GC Construction Holdings Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Net Margin %
Get a 7-Day Free Trial 6.86 9.11 3.26 -10.08 -23.41

GC Construction Holdings Semi-Annual Data
Mar19 Mar20 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 0.81 -2.70 -17.45 -5.80 -49.90

HKSE:01489 vs PWR, FIX, EME: Net Margin % Comparison

For the Engineering & Construction subindustry, GC Construction 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.


GC Construction Holdings Net Margin % vs Construction Industry

For the Construction industry and Industrials sector, GC Construction Holdings's Net Margin % distribution charts can be found below:

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


HKSE:01489
52GF Score
GC Construction Holdings Ltd HKSE:01489
Net Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

GC Construction 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.

GC Construction 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 )
=-60.776/259.586
=-23.41 %

GC Construction 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 )
=-51.73/103.662
=-49.90 %

* 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 -49.90% mean?
GC Construction Holdings (HKSE:01489) has a Net Margin % of -49.90% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on GC Construction Holdings and its competitors. According to the industry distribution chart, GC Construction Holdings ranks #1620 out of 1772 companies in the Construction industry, placing it in the top 91.4%.
Is GC Construction Holdings' Net Margin % too high?
GC Construction Holdings' current Net Margin % is -49.90%. Based on the distribution chart, GC Construction Holdings ranks #1620 out of 1772 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, GC Construction Holdings has a GF Score™ of 52/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does GC Construction Holdings' Net Margin % compare to PWR and FIX?
According to the Construction industry distribution chart, GC Construction Holdings ranks #1620 out of 1772 companies for Net Margin %. This places GC Construction Holdings in the lower half of its industry. The industry median Net Margin % is 3.91. 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 Construction company?
The median Net Margin % among Construction companies is 3.91, based on 1,772 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 GC Construction Holdings and its competitors. For the Construction industry, the median Net Margin % is 3.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. GC Construction Holdings's current Net Margin % is -49.90%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GC Construction Holdings stock overvalued right now?
Based on GuruFocus' analysis, GC Construction Holdings (HKSE:01489) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.21, compared to a current price of HK$0.90 — trading 328.6% above its estimated fair value. The current Net Margin % is -49.90%. GC Construction Holdings' overall GF Score™ is 52/100 with 6 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 GC Construction Holdings (HKSE:01489), the current Net Margin % is -49.90% 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 GC Construction Holdings (HKSE:01489) Overvalued in 2026?

Based on GuruFocus' analysis, GC Construction Holdings stock appears to be overvalued. The current stock price of HK$0.90 is trading 328.6% above its estimated GF Value™ of HK$0.21. GuruFocus considers GC Construction Holdings to be Significantly Overvalued.

Key valuation signals for HKSE:01489:

  • Net Margin %: -49.90%
  • GF Value™: HK$0.21 vs. price of HK$0.90 (328.6% above fair value)
  • GF Score™: 52/100 with 6 warning signs

No single metric tells the full story. See the HKSE:01489 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


GC Construction Holdings Business Description

Address 833 Cheung Sha Wan Road, Unit 909, 9th Floor, Tower 1, Cheung Sha Wan Plaza, Kowloon, Hong Kong, HKG
GC Construction Holdings Ltd is a wet trades contractor in Hong Kong. The wet trades works performed by the Group mainly included plastering, tile laying, bricklaying, floor screening, and marble works in both public sector projects and private sector projects in Hong Kong. Private sector projects mainly involved private residential developments and commercial developments, and Public sector projects mainly involved public residential developments as well as infrastructure and public facilities developments. It generates the majority of its revenue from Hong Kong.
52GF Score

Get the complete analysis for HKSE:01489

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

HK$0.90
Price
HK$0.21
GF Value