FSM Holdings (HKSE:01721) Net Margin %: -49.78% (As of Jun. 2025)


HKSE:01721 FSM Holdings Ltd HKSE:01721
44 GF Score
Price HK$0.14
GF Value HK$0.37
! 4 Warning Signs
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What is FSM Holdings Net Margin %?

FSM Holdings HKSE:01721 44 Net Margin % is -49.78% as of Jun. 2025. GuruFocus rates HKSE:01721 with a GF Score™ of 44/100 and a GF Value™ of HK$0.37. The stock has 4 warning signs investors should review.

Net margin is calculated as Net Income divided by its Revenue. FSM Holdings's Net Income for the six months ended in Jun. 2025 was HK$-24.31 Mil. FSM Holdings's Revenue for the six months ended in Jun. 2025 was HK$48.84 Mil. Therefore, FSM Holdings's net margin for the quarter that ended in Jun. 2025 was -49.78%.

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

HKSE:01721' s Net Margin % Range Over the Past 10 Years
Min: -44.23   Med: 2.35   Max: 30.14
Current: -44.23


HKSE:01721's Net Margin % is not ranked
in the Industrial Products industry.
Industry Median: 4.49 vs HKSE:01721: -44.23

FSM Holdings  (HKSE:01721) 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.


FSM Holdings Net Margin % Related Terms


FSM Holdings Net Margin % Historical Data

* Premium members only.

The historical data trend for FSM 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.

FSM Holdings Net Margin % Chart

FSM Holdings Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -25.13 -19.53 8.85 -30.34 -22.90

FSM Holdings Semi-Annual Data
Dec15 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25
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 -0.18 -64.54 -5.86 -38.22 -49.78

HKSE:01721 vs ATI, CRS, MLI: Net Margin % Comparison

For the Metal Fabrication subindustry, FSM 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.


FSM Holdings Net Margin % vs Industrial Products Industry

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

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


HKSE:01721
44GF Score
FSM Holdings Ltd HKSE:01721
Net Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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FSM 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.

FSM Holdings's Net Margin for the fiscal year that ended in Dec. 2024 is calculated as

Net Margin=Net Income (A: Dec. 2024 )/Revenue (A: Dec. 2024 )
=-19.612/85.632
=-22.90 %

FSM Holdings's Net Margin for the quarter that ended in Jun. 2025 is calculated as

Net Margin=Net Income (Q: Jun. 2025 )/Revenue (Q: Jun. 2025 )
=-24.314/48.842
=-49.78 %

* 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 -49.78% mean?
FSM Holdings (HKSE:01721) has a Net Margin % of -49.78% as of Jun. 2025. Net margin is the ratio of total net income to net sales. View historical data on FSM Holdings and its competitors.
Is FSM Holdings' Net Margin % too high?
FSM Holdings' current Net Margin % is -49.78%. Overall, FSM Holdings has a GF Score™ of 44/100, reflecting its overall financial health beyond just this single metric.
How does FSM Holdings' Net Margin % compare to ATI and CRS?
FSM Holdings' Net Margin % of -49.78% can be compared against companies in the Industrial Products industry. The industry median Net Margin % is 4.49. 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 an Industrial Products company?
The median Net Margin % among Industrial Products companies is 4.49, based on 3,034 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 FSM Holdings and its competitors. For the Industrial Products industry, the median Net Margin % is 4.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. FSM Holdings's current Net Margin % is -49.78%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is FSM Holdings stock overvalued right now?
FSM Holdings (HKSE:01721) has a current Net Margin % of -49.78%. The stock's GF Value™ is HK$0.37, compared to a current price of HK$0.14 — trading 62.2% below its estimated fair value. The current Net Margin % is -49.78%. FSM Holdings' overall GF Score™ is 44/100 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 FSM Holdings (HKSE:01721), the current Net Margin % is -49.78% as of Jun. 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 FSM Holdings (HKSE:01721) Overvalued in 2026?

Based on GuruFocus' analysis, FSM Holdings stock appears to be undervalued. The current stock price of HK$0.14 is trading 62.2% below its estimated GF Value™ of HK$0.37.

Key valuation signals for HKSE:01721:

  • Net Margin %: -49.78%
  • GF Value™: HK$0.37 vs. price of HK$0.14 (62.2% below fair value)
  • GF Score™: 44/100 with 4 warning signs

No single metric tells the full story. See the HKSE:01721 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


FSM Holdings Business Description

Address 68 Kimberley Road, Unit 813, 8th Floor, Tsim Sha Tsui, Kowloon, Hong Kong, HKG
FSM Holdings Ltd is an investment holding company engaged in manufacturing sheet metal fabrication with a focus on precision engineering, precision machining service and provision of posttreatment processes; and online business in developing, distributing and operating online mobile games. The group has two business segments, namely the manufacturing business and the online business. Under the manufacturing business segment, it engages in sheet metal fabrication with a focus on precision engineering and precision machining services with production facilities based in Singapore and Malaysia. The group has established a dedicated development team in the online business segment, concentrating on crafting mobile games for all audience.
44GF Score

Get the complete analysis for HKSE:01721

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

HK$0.14
Price
HK$0.37
GF Value