SG Group Holdings (HKSE:01657) Net Margin %: -1.76% (As of Apr. 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:01657 SG Group Holdings Ltd HKSE:01657
55 GF Score
Price HK$49.50
GF Value HK$10.93
Valuation Significantly Overvalued
View Full Analysis

What is SG Group Holdings Net Margin %?

SG Group Holdings HKSE:01657 55 Net Margin % is -1.76% as of Apr. 2026. GuruFocus rates HKSE:01657 with a GF Score™ of 55/100 and a GF Value™ of HK$10.93 (Significantly Overvalued). Among 1,130 Retail - Cyclical companies, SG Group Holdings ranks worse than 82.3% on this metric.

Net margin is calculated as Net Income divided by its Revenue. SG Group Holdings's Net Income for the six months ended in Apr. 2026 was HK$-1.5 Mil. SG Group Holdings's Revenue for the six months ended in Apr. 2026 was HK$85.3 Mil. Therefore, SG Group Holdings's net margin for the quarter that ended in Apr. 2026 was -1.76%.

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

HKSE:01657' s Net Margin % Range Over the Past 10 Years
Min: -13.95   Med: 0.11   Max: 12.23
Current: -4.39


HKSE:01657's Net Margin % is ranked worse than
82.3% of 1130 companies
in the Retail - Cyclical industry
Industry Median: 2.31 vs HKSE:01657: -4.39

SG Group Holdings  (HKSE:01657) 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.


SG Group Holdings Net Margin % Related Terms


SG Group Holdings Net Margin % Historical Data

* Premium members only.

The historical data trend for SG 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.

SG Group Holdings Net Margin % Chart

SG Group Holdings Annual Data
Trend Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24 Apr25 Apr26
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.29 -11.00 -13.95 -3.93 -4.39

SG Group Holdings Semi-Annual Data
Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23 Apr24 Oct24 Apr25 Oct25 Apr26
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 -18.70 -14.03 3.35 -7.17 -1.76

HKSE:01657 vs TJX, ROST, BURL: Net Margin % Comparison

For the Apparel Retail subindustry, SG 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.


SG Group Holdings Net Margin % vs Retail - Cyclical Industry

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

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


HKSE:01657
55GF Score
SG Group Holdings Ltd HKSE:01657
Net Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

SG 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.

SG Group Holdings's Net Margin for the fiscal year that ended in Apr. 2026 is calculated as

Net Margin=Net Income (A: Apr. 2026 )/Revenue (A: Apr. 2026 )
=-7.304/166.245
=-4.39 %

SG Group Holdings's Net Margin for the quarter that ended in Apr. 2026 is calculated as

Net Margin=Net Income (Q: Apr. 2026 )/Revenue (Q: Apr. 2026 )
=-1.506/85.339
=-1.76 %

* 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 -1.76% mean?
SG Group Holdings (HKSE:01657) has a Net Margin % of -1.76% as of Apr. 2026. Net margin is the ratio of total net income to net sales. View historical data on SG Group Holdings and its competitors. According to the industry distribution chart, SG Group Holdings ranks #930 out of 1130 companies in the Retail - Cyclical industry, placing it in the top 82.3%.
Is SG Group Holdings' Net Margin % too high?
SG Group Holdings' current Net Margin % is -1.76%. Based on the distribution chart, SG Group Holdings ranks #930 out of 1130 companies in the Retail - Cyclical industry, which is in the bottom quartile relative to peers. Overall, SG Group Holdings has a GF Score™ of 55/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does SG Group Holdings' Net Margin % compare to TJX and ROST?
According to the Retail - Cyclical industry distribution chart, SG Group Holdings ranks #930 out of 1130 companies for Net Margin %. This places SG Group Holdings in the lower half of its industry. The industry median Net Margin % is 2.31. 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 2.31, based on 1,130 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 SG Group Holdings and its competitors. For the Retail - Cyclical industry, the median Net Margin % is 2.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SG Group Holdings's current Net Margin % is -1.76%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SG Group Holdings stock overvalued right now?
Based on GuruFocus' analysis, SG Group Holdings (HKSE:01657) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$10.93, compared to a current price of HK$49.50 — trading 352.9% above its estimated fair value. The current Net Margin % is -1.76%. SG Group Holdings' overall GF Score™ is 55/100. 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 SG Group Holdings (HKSE:01657), the current Net Margin % is -1.76% as of Apr. 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 SG Group Holdings (HKSE:01657) Overvalued in 2026?

Based on GuruFocus' analysis, SG Group Holdings stock appears to be overvalued. The current stock price of HK$49.50 is trading 352.9% above its estimated GF Value™ of HK$10.93. GuruFocus considers SG Group Holdings to be Significantly Overvalued.

Key valuation signals for HKSE:01657:

  • Net Margin %: -1.76%
  • GF Value™: HK$10.93 vs. price of HK$49.50 (352.9% above fair value)
  • GF Score™: 55/100

No single metric tells the full story. See the HKSE:01657 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


SG Group Holdings Business Description

Address 1-7 Wah Sing Street, Unit B, 9th Floor, Mai Wah Industrial Building, Kwai Chung, New Territories, Hong Kong, HKG
SG Group Holdings Ltd is an investment holding company. The company's operating segment includes the Supply of Apparel Products Traditional, the Supply of Apparel Products New Retail, and the Provision of institutional catering. It generates maximum revenue from the Supply of Apparel Products segment, which is engaged in the supply of apparel products with designing and sourcing services to fashion retailers. The company earns maximum revenue from the sale of Womenswear, Childrenswear, and Menswear products. Geographically, it derives a majority of its revenue from the United Kingdom and also has a presence in the PRC, Germany, the United States of America, Hong Kong, Ireland, Canada, and other countries.
55GF Score

Get the complete analysis for HKSE:01657

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

HK$49.50
Price
HK$10.93
GF Value