Time Watch Investments (HKSE:02033) Net Margin %: -13.14% (As of Dec. 2025)


HKSE:02033 Time Watch Investments Ltd HKSE:02033
48 GF Score
Price HK$0.26
GF Value HK$0.23
Valuation Modestly Overvalued
! 4 Warning Signs
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What is Time Watch Investments Net Margin %?

Time Watch Investments HKSE:02033 48 Net Margin % is -13.14% as of Dec. 2025. GuruFocus rates HKSE:02033 with a GF Score™ of 48/100 and a GF Value™ of HK$0.23 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 1,036 Manufacturing - Apparel & Accessories companies, Time Watch Investments ranks worse than 82.82% on this metric.

Net margin is calculated as Net Income divided by its Revenue. Time Watch Investments's Net Income for the six months ended in Dec. 2025 was HK$-36.9 Mil. Time Watch Investments's Revenue for the six months ended in Dec. 2025 was HK$280.5 Mil. Therefore, Time Watch Investments's net margin for the quarter that ended in Dec. 2025 was -13.14%.

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

HKSE:02033' s Net Margin % Range Over the Past 10 Years
Min: -6.93   Med: 6.91   Max: 13.51
Current: -6.93


HKSE:02033's Net Margin % is ranked worse than
82.82% of 1036 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 2.59 vs HKSE:02033: -6.93

Time Watch Investments  (HKSE:02033) 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.


Time Watch Investments Net Margin % Related Terms


Time Watch Investments Net Margin % Historical Data

* Premium members only.

The historical data trend for Time Watch Investments'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.

Time Watch Investments Net Margin % Chart

Time Watch Investments Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.51 2.35 3.78 3.82 -2.54

Time Watch Investments Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 2.66 4.93 -3.18 -1.91 -13.14

HKSE:02033 vs NKE, DECK, ONON: Net Margin % Comparison

For the Footwear & Accessories subindustry, Time Watch Investments'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.


Time Watch Investments Net Margin % vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Time Watch Investments's Net Margin % distribution charts can be found below:

* The bar in red indicates where Time Watch Investments's Net Margin % falls into.


HKSE:02033
48GF Score
Time Watch Investments Ltd HKSE:02033
Net Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Time Watch Investments 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.

Time Watch Investments's Net Margin for the fiscal year that ended in Jun. 2025 is calculated as

Net Margin=Net Income (A: Jun. 2025 )/Revenue (A: Jun. 2025 )
=-17.535/689.431
=-2.54 %

Time Watch Investments's Net Margin for the quarter that ended in Dec. 2025 is calculated as

Net Margin=Net Income (Q: Dec. 2025 )/Revenue (Q: Dec. 2025 )
=-36.853/280.544
=-13.14 %

* 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 -13.14% mean?
Time Watch Investments (HKSE:02033) has a Net Margin % of -13.14% as of Dec. 2025. Net margin is the ratio of total net income to net sales. View historical data on Time Watch Investments and its competitors. According to the industry distribution chart, Time Watch Investments ranks #858 out of 1036 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 82.8%.
Is Time Watch Investments' Net Margin % too high?
Time Watch Investments' current Net Margin % is -13.14%. Based on the distribution chart, Time Watch Investments ranks #858 out of 1036 companies in the Manufacturing - Apparel & Accessories industry, which is in the bottom quartile relative to peers. Overall, Time Watch Investments has a GF Score™ of 48/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Time Watch Investments' Net Margin % compare to NKE and DECK?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Time Watch Investments ranks #858 out of 1036 companies for Net Margin %. This places Time Watch Investments in the lower half of its industry. The industry median Net Margin % is 2.59. 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 Manufacturing - Apparel & Accessories company?
The median Net Margin % among Manufacturing - Apparel & Accessories companies is 2.59, based on 1,036 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 Time Watch Investments and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Net Margin % is 2.59 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Time Watch Investments's current Net Margin % is -13.14%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Time Watch Investments stock overvalued right now?
Based on GuruFocus' analysis, Time Watch Investments (HKSE:02033) is currently considered Modestly Overvalued. The stock's GF Value™ is HK$0.23, compared to a current price of HK$0.26 — trading 10.9% above its estimated fair value. The current Net Margin % is -13.14%. Time Watch Investments' overall GF Score™ is 48/100 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 Time Watch Investments (HKSE:02033), the current Net Margin % is -13.14% 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 Time Watch Investments (HKSE:02033) Overvalued in 2026?

Based on GuruFocus' analysis, Time Watch Investments stock appears to be overvalued. The current stock price of HK$0.26 is trading 10.9% above its estimated GF Value™ of HK$0.23. GuruFocus considers Time Watch Investments to be Modestly Overvalued.

Key valuation signals for HKSE:02033:

  • Net Margin %: -13.14%
  • GF Value™: HK$0.23 vs. price of HK$0.26 (10.9% above fair value)
  • GF Score™: 48/100 with 4 warning signs

No single metric tells the full story. See the HKSE:02033 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Time Watch Investments Business Description

Address 77 Wing Hong Street, 27th Floor, CEO Tower, Kowloon, Hong Kong, HKG
Time Watch Investments Ltd is an investment holding company that operates as a manufacturer, brand-owner, and retailer of watches in the People's Republic of China (PRC). The company operates through following segments: Tian Wang Watch Business, Watch Movements Trading Business, and Other Brands (PRC) Business. The company generates maximum revenue from the Tian Wang Watch Business that involves manufacturing, the wholesale and retail business of owned brand watches, Tian Wang Watch. Its geographical segments include the PRC, which is the key revenue generator, and the Asia Pacific.
48GF Score

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

HK$0.26
Price
HK$0.23
GF Value