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Tian Cheng HoldingsHKSE:02110 +1.35% Net Margin % is -34.15% as of Nov. 2025. The stock has 3 warning signs investors should review. Among 1,765 Construction companies, Tian Cheng Holdings ranks worse than 92.24% on this metric.
Tian Cheng Holdings (HKSE:02110) 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.
Tian Cheng Holdings Net Margin % Related Terms
Tian Cheng Holdings Net Margin % Historical Data
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The historical data trend for Tian Cheng 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.
HKSE:02110 vs PWR, FIX, EME: Net Margin % Comparison
For the Engineering & Construction subindustry, Tian Cheng 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.
Tian Cheng Holdings Net Margin % vs Construction Industry
For the Construction industry and Industrials sector, Tian Cheng Holdings's Net Margin % distribution charts can be found below:
* The bar in red indicates where Tian Cheng Holdings's Net Margin % falls into.
* 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.
Tian Cheng Holdings (HKSE:02110) has a Net Margin % of -34.15% as of Nov. 2025. Net margin is the ratio of total net income to net sales. View historical data on Tian Cheng Holdings and its competitors. According to the industry distribution chart, Tian Cheng Holdings ranks #1628 out of 1765 companies in the Construction industry, placing it in the top 92.2%.
Is Tian Cheng Holdings' Net Margin % too high?
Tian Cheng Holdings' current Net Margin % is -34.15%. Based on the distribution chart, Tian Cheng Holdings ranks #1628 out of 1765 companies in the Construction industry, which is in the bottom quartile relative to peers.
How does Tian Cheng Holdings' Net Margin % compare to PWR and FIX?
According to the Construction industry distribution chart, Tian Cheng Holdings ranks #1628 out of 1765 companies for Net Margin %. This places Tian Cheng Holdings in the lower half of its industry. The industry median Net Margin % is 3.91. 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 Construction company?
The median Net Margin % among Construction companies is 3.91, based on 1,765 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 Tian Cheng Holdings and its competitors. For the Construction industry, the median Net Margin % is 3.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tian Cheng Holdings's current Net Margin % is -34.15%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tian Cheng Holdings stock overvalued right now?
Based on GuruFocus' analysis, Tian Cheng Holdings (HKSE:02110) is currently considered Modestly Undervalued. The stock's GF Value™ is HK$0.10, compared to a current price of HK$0.08 — trading 25% below its estimated fair value. The current Net Margin % is -34.15%. 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 Tian Cheng Holdings (HKSE:02110), the current Net Margin % is -34.15% as of Nov. 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.
Tian Cheng Holdings Ltd is a subcontractor specializing in marine construction and civil engineering projects, and engages in marine works including reclamation, sand adjustment, submarine pipeline, sedimentation, and sediment treatment. The company also provides vessel chartering and other civil engineering services such as foundation works, site formation, road, and drainage works. It operates through four segments: Marine Construction Works, Other Civil Engineering Works, Health and Wellness Services, and Vessel Chartering Services. The company generates the majority of its revenue from marine construction and operates mainly in Hong Kong and the PRC, with the majority of revenue coming from Hong Kong.
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