Zall Smart Commerce Group (HKSE:02098) Net Margin %: 0.08% (As of Dec. 2025) — 11% Below Median

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What is Zall Smart Commerce Group Net Margin %?

Zall Smart Commerce Group HKSE:02098 Net Margin % is 0.08% as of Dec. 2025, which is 11% below its 10-year median of 0.09. The stock has 3 warning signs investors should review. Among 543 Conglomerates companies, Zall Smart Commerce Group ranks worse than 74.95% on this metric.

Net margin is calculated as Net Income divided by its Revenue. Zall Smart Commerce Group's Net Income for the six months ended in Dec. 2025 was HK$56 Mil. Zall Smart Commerce Group's Revenue for the six months ended in Dec. 2025 was HK$70,822 Mil. Therefore, Zall Smart Commerce Group's net margin for the quarter that ended in Dec. 2025 was 0.08%.

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

HKSE:02098' s Net Margin % Range Over the Past 10 Years
Min: -2.74   Med: 0.09   Max: 168.86
Current: 0.1


HKSE:02098's Net Margin % is ranked worse than
74.95% of 543 companies
in the Conglomerates industry
Industry Median: 4.5 vs HKSE:02098: 0.10

Zall Smart Commerce Group  (HKSE:02098) 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.


Zall Smart Commerce Group Net Margin % Related Terms


Zall Smart Commerce Group Net Margin % Historical Data

* Premium members only.

The historical data trend for Zall Smart Commerce Group'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.

Zall Smart Commerce Group Net Margin % Chart

Zall Smart Commerce Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.27 -2.74 0.04 0.08 0.10

Zall Smart Commerce Group 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 0.04 0.07 0.08 0.11 0.08

HKSE:02098 vs MMM, HON: Net Margin % Comparison

For the Conglomerates subindustry, Zall Smart Commerce Group'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.


Zall Smart Commerce Group Net Margin % vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Zall Smart Commerce Group's Net Margin % distribution charts can be found below:

* The bar in red indicates where Zall Smart Commerce Group's Net Margin % falls into.



Zall Smart Commerce Group 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.

Zall Smart Commerce Group's Net Margin for the fiscal year that ended in Dec. 2025 is calculated as

Net Margin=Net Income (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=162.891/171264.808
=0.10 %

Zall Smart Commerce Group'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 )
=55.676/70821.57
=0.08 %

* 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 0.08% mean?
Zall Smart Commerce Group (HKSE:02098) has a Net Margin % of 0.08% as of Dec. 2025. Net margin is the ratio of total net income to net sales. View historical data on Zall Smart Commerce Group and its competitors. This is 11% below median its historical median of 0.09. According to the industry distribution chart, Zall Smart Commerce Group ranks #407 out of 543 companies in the Conglomerates industry, placing it in the top 75%.
Is Zall Smart Commerce Group's Net Margin % too high?
Zall Smart Commerce Group's current Net Margin % of 0.08% is 11% below median its 10-year median of 0.09. The Conglomerates industry median Net Margin % is 4.50. Zall Smart Commerce Group's value of 0.08% is 98.2% below this industry median. Based on the distribution chart, Zall Smart Commerce Group ranks #407 out of 543 companies in the Conglomerates industry, which is below the industry midpoint.
How does Zall Smart Commerce Group's Net Margin % compare to MMM and HON?
According to the Conglomerates industry distribution chart, Zall Smart Commerce Group ranks #407 out of 543 companies for Net Margin %. This places Zall Smart Commerce Group in the lower half of its industry. The industry median Net Margin % is 4.50. Zall Smart Commerce Group's value of 0.08% is 98.2% below this benchmark. While the company's 10-year median is 0.09 vs. the industry median of 4.50, Zall Smart Commerce Group has consistently been below 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 Conglomerates company?
The median Net Margin % among Conglomerates companies is 4.50, based on 543 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. Zall Smart Commerce Group's current Net Margin % of 0.08% is 98.2% below 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 Zall Smart Commerce Group and its competitors. For the Conglomerates industry, the median Net Margin % is 4.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zall Smart Commerce Group's current Net Margin % is 0.08%, which is 11% below median its own 10-year median of 0.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zall Smart Commerce Group stock overvalued right now?
Based on GuruFocus' analysis, Zall Smart Commerce Group (HKSE:02098) is currently considered Significantly Undervalued. The stock's GF Value™ is HK$0.38, compared to a current price of HK$0.07 — trading 81.8% below its estimated fair value. The current Net Margin % is 0.08%, which is 11% below median its 10-year median of 0.09 and 98.2% below the Conglomerates industry median of 4.50. 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 Zall Smart Commerce Group (HKSE:02098), the current Net Margin % is 0.08% 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.

Zall Smart Commerce Group Business Description

Address 1 Chutian Avenue, No. 1 Enterprise Community, Panlongcheng Economics and Technology Development, Hubei Province, Wuhan, CHN, 430000
Zall Smart Commerce Group Ltd is an investment holding company. Along with its subsidiaries, it is engaged in developing and operating large-scale consumer product-focused wholesale shopping malls in the PRC, and providing supply chain management and trading business, e-commerce services, financial services, warehousing, and logistics services. The Group's reportable segments are: Property development and related services, and Supply chain management and trading, with maximum revenue coming from the latter, by providing trade-related supply chain financial services; and trading agricultural products, chemical materials, plastic raw materials, consumer goods, black and non-ferrous metals, etc. Geographically, the Group generates maximum revenue from China (PRC), and the rest from Singapore.