SH Group (Holdings) (HKSE:01637) Net Margin %: -2.38% (As of Sep. 2025)


HKSE:01637 SH Group (Holdings) Ltd HKSE:01637
49 GF Score
Price HK$0.40
GF Value HK$0.10
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is SH Group (Holdings) Net Margin %?

SH Group (Holdings) HKSE:01637 49 Net Margin % is -2.38% as of Sep. 2025. GuruFocus rates HKSE:01637 with a GF Score™ of 49/100 and a GF Value™ of HK$0.10 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 1,760 Construction companies, SH Group (Holdings) ranks worse than 65.85% on this metric.

Net margin is calculated as Net Income divided by its Revenue. SH Group (Holdings)'s Net Income for the six months ended in Sep. 2025 was HK$-3.9 Mil. SH Group (Holdings)'s Revenue for the six months ended in Sep. 2025 was HK$164.6 Mil. Therefore, SH Group (Holdings)'s net margin for the quarter that ended in Sep. 2025 was -2.38%.

The historical rank and industry rank for SH Group (Holdings)'s Net Margin % or its related term are showing as below:

HKSE:01637' s Net Margin % Range Over the Past 10 Years
Min: -1.74   Med: 4.02   Max: 12.43
Current: 1.54


HKSE:01637's Net Margin % is ranked worse than
65.85% of 1760 companies
in the Construction industry
Industry Median: 3.91 vs HKSE:01637: 1.54

SH Group (Holdings)  (HKSE:01637) 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.


SH Group (Holdings) Net Margin % Related Terms


SH Group (Holdings) Net Margin % Historical Data

* Premium members only.

The historical data trend for SH Group (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.

SH Group (Holdings) Net Margin % Chart

SH Group (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 1.56 -1.15 -1.74 0.89 1.54

SH Group (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 -1.02 -2.65 5.08 -2.38 4.43

HKSE:01637 vs PWR, FIX, EME: Net Margin % Comparison

For the Engineering & Construction subindustry, SH Group (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.


SH Group (Holdings) Net Margin % vs Construction Industry

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

* The bar in red indicates where SH Group (Holdings)'s Net Margin % falls into.


HKSE:01637
49GF Score
SH Group (Holdings) Ltd HKSE:01637
Net Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

SH Group (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.

SH Group (Holdings)'s Net Margin for the fiscal year that ended in Mar. 2025 is calculated as

Net Margin=Net Income (A: Mar. 2025 )/Revenue (A: Mar. 2025 )
=5.388/608.49
=0.89 %

SH Group (Holdings)'s Net Margin for the quarter that ended in Sep. 2025 is calculated as

Net Margin=Net Income (Q: Sep. 2025 )/Revenue (Q: Sep. 2025 )
=-3.921/164.57
=-2.38 %

* 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 -2.38% mean?
SH Group (Holdings) (HKSE:01637) has a Net Margin % of -2.38% as of Sep. 2025. Net margin is the ratio of total net income to net sales. View historical data on SH Group (Holdings) and its competitors. According to the industry distribution chart, SH Group (Holdings) ranks #1159 out of 1760 companies in the Construction industry, placing it in the top 65.9%.
Is SH Group (Holdings)'s Net Margin % too high?
SH Group (Holdings)'s current Net Margin % is -2.38%. Based on the distribution chart, SH Group (Holdings) ranks #1159 out of 1760 companies in the Construction industry, which is below the industry midpoint. Overall, SH Group (Holdings) has a GF Score™ of 49/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does SH Group (Holdings)'s Net Margin % compare to PWR and FIX?
According to the Construction industry distribution chart, SH Group (Holdings) ranks #1159 out of 1760 companies for Net Margin %. This places SH Group (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 1,760 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 SH Group (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. SH Group (Holdings)'s current Net Margin % is -2.38%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SH Group (Holdings) stock overvalued right now?
Based on GuruFocus' analysis, SH Group (Holdings) (HKSE:01637) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.10, compared to a current price of HK$0.40 — trading 295% above its estimated fair value. The current Net Margin % is -2.38%. SH Group (Holdings)'s overall GF Score™ is 49/100 with 4 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 SH Group (Holdings) (HKSE:01637), the current Net Margin % is -2.38% as of Sep. 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 SH Group (Holdings) (HKSE:01637) Overvalued in 2026?

Based on GuruFocus' analysis, SH Group (Holdings) stock appears to be overvalued. The current stock price of HK$0.40 is trading 295% above its estimated GF Value™ of HK$0.10. GuruFocus considers SH Group (Holdings) to be Significantly Overvalued.

Key valuation signals for HKSE:01637:

  • Net Margin %: -2.38%
  • GF Value™: HK$0.10 vs. price of HK$0.40 (295% above fair value)
  • GF Score™: 49/100 with 4 warning signs

No single metric tells the full story. See the HKSE:01637 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


SH Group (Holdings) Business Description

Address No. 833, Cheung Sha Wan Road, Units 603-606, 6th Floor, Tower I, Cheung Sha Wan Plaza, Kowloon, Hong Kong, HKG
SH Group (Holdings) Ltd is an investment company. The company is engaged in the provision of electrical and mechanical engineering services. Geographically, the company operates and derives revenue from Hong Kong. Its services include supply, installation, and maintenance of Mechanical Ventilation and Air-conditioning system (MVAC), Low Voltage Electrical system, and other Electrical and Mechanical systems including Fire Services system as well as Plumbing and Drainage system.
49GF Score

Get the complete analysis for HKSE:01637

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

HK$0.40
Price
HK$0.10
GF Value