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Chu Kong Petroleum and Natural Gas Steel Pipe Holdings (HKSE:01938) 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.
Chu Kong Petroleum and Natural Gas Steel Pipe Holdings Net Margin % Related Terms
Chu Kong Petroleum and Natural Gas Steel Pipe Holdings Net Margin % Historical Data
* 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.
Chu Kong Petroleum and Natural Gas Steel Pipe Holdings Net Margin % Chart
Chu Kong Petroleum and Natural Gas Steel Pipe Holdings Annual Data
* 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.
Chu Kong Petroleum and Natural Gas Steel Pipe Holdings Net Margin % vs Steel Industry
* 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.
Chu Kong Petroleum and Natural Gas Steel Pipe Holdings (HKSE:01938) has a Net Margin % of 7.74% as of Dec. 2025. Net margin is the ratio of total net income to net sales. View historical data on Chu Kong Petroleum and Natural Gas Steel Pipe Holdings and its competitors. This is 811% above median its historical median of 0.85. According to the industry distribution chart, Chu Kong Petroleum and Natural Gas Steel Pipe Holdings ranks #79 out of 611 companies in the Steel industry, placing it in the top 12.9%.
Is Chu Kong Petroleum and Natural Gas Steel Pipe Holdings' Net Margin % too high?
Chu Kong Petroleum and Natural Gas Steel Pipe Holdings' current Net Margin % of 7.74% is 811% above median its 10-year median of 0.85. The Steel industry median Net Margin % is 1.95. Chu Kong Petroleum and Natural Gas Steel Pipe Holdings' value of 7.74% is 296.9% above this industry median. Based on the distribution chart, Chu Kong Petroleum and Natural Gas Steel Pipe Holdings ranks #79 out of 611 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, Chu Kong Petroleum and Natural Gas Steel Pipe Holdings has a GF Score™ of 46/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Chu Kong Petroleum and Natural Gas Steel Pipe Holdings' Net Margin % compare to NUE and STLD?
According to the Steel industry distribution chart, Chu Kong Petroleum and Natural Gas Steel Pipe Holdings ranks #79 out of 611 companies for Net Margin %. This places Chu Kong Petroleum and Natural Gas Steel Pipe Holdings in the top 13% of its industry — outperforming the majority of peers. The industry median Net Margin % is 1.95. Chu Kong Petroleum and Natural Gas Steel Pipe Holdings' value of 7.74% is 296.9% above this benchmark. While the company's 10-year median is 0.85 vs. the industry median of 1.95, Chu Kong Petroleum and Natural Gas Steel Pipe Holdings has consistently been above 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 Steel company?
The median Net Margin % among Steel companies is 1.95, based on 611 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. Chu Kong Petroleum and Natural Gas Steel Pipe Holdings's current Net Margin % of 7.74% is 296.9% above 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 Chu Kong Petroleum and Natural Gas Steel Pipe Holdings and its competitors. For the Steel industry, the median Net Margin % is 1.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Chu Kong Petroleum and Natural Gas Steel Pipe Holdings's current Net Margin % is 7.74%, which is 811% above median its own 10-year median of 0.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chu Kong Petroleum and Natural Gas Steel Pipe Holdings stock overvalued right now?
Based on GuruFocus' analysis, Chu Kong Petroleum and Natural Gas Steel Pipe Holdings (HKSE:01938) is currently considered Modestly Overvalued. The stock's GF Value™ is HK$0.17, compared to a current price of HK$0.22 — trading 27.1% above its estimated fair value. The current Net Margin % is 7.74%, which is 811% above median its 10-year median of 0.85 and 296.9% above the Steel industry median of 1.95. Chu Kong Petroleum and Natural Gas Steel Pipe Holdings' overall GF Score™ is 46/100 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 Chu Kong Petroleum and Natural Gas Steel Pipe Holdings (HKSE:01938), the current Net Margin % is 7.74% 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 Chu Kong Petroleum and Natural Gas Steel Pipe Holdings (HKSE:01938) Overvalued in 2026?
Based on GuruFocus' analysis, Chu Kong Petroleum and Natural Gas Steel Pipe Holdings stock appears to be overvalued.
The current stock price of HK$0.22 is trading 27.1% above its estimated GF Value™ of HK$0.17.
GuruFocus considers Chu Kong Petroleum and Natural Gas Steel Pipe Holdings to be Modestly Overvalued.
Key valuation signals for HKSE:01938:
Net Margin %: 7.74% (811% above median its 10-year median of 0.85)
GF Value™: HK$0.17 vs. price of HK$0.22 (27.1% above fair value)
Industry Position: 296.9% above the Steel median (#79 of 611)
No single metric tells the full story. See the HKSE:01938 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Chu Kong Petroleum and Natural Gas Steel Pipe Holdings Ltd operates in the steel pipe business. The group is involved in its key revenue-generating business which is to manufacture and sell welded steel pipes and the provision of related manufacturing services. The group's steel pipes are mainly used for energy transmission including oil and gas transmission pipelines, deep-sea pipelines, city gas networks, petrochemicals, mining, infrastructure construction, offshore engineering, steel structures, and water utilities industries. Further, it is also involved in the development of properties for sale; and property investment activities. The group has a business presence in Mainland China and other countries, of which maximum revenue is derived from Africa.
46GF Score
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Net Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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