ManpowerGroup Greater China (HKSE:02180) Net Margin %: 2.71% (As of Dec. 2025) — 24% Below Median

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HKSE:02180 ManpowerGroup Greater China Ltd HKSE:02180
93 GF Score
Price HK$4.61
GF Value HK$6.69
Valuation Significantly Undervalued
! 3 Warning Signs
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What is ManpowerGroup Greater China Net Margin %?

ManpowerGroup Greater China HKSE:02180 93 Net Margin % is 2.71% as of Dec. 2025, which is 24% below its 10-year median of 3.57. GuruFocus rates HKSE:02180 with a GF Score™ of 93/100 and a GF Value™ of HK$6.69 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 1,071 Business Services companies, ManpowerGroup Greater China ranks worse than 61.16% on this metric.

Net margin is calculated as Net Income divided by its Revenue. ManpowerGroup Greater China's Net Income for the six months ended in Dec. 2025 was HK$105 Mil. ManpowerGroup Greater China's Revenue for the six months ended in Dec. 2025 was HK$3,851 Mil. Therefore, ManpowerGroup Greater China's net margin for the quarter that ended in Dec. 2025 was 2.71%.

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

HKSE:02180' s Net Margin % Range Over the Past 10 Years
Min: 2.07   Med: 3.57   Max: 4.2
Current: 2.28


HKSE:02180's Net Margin % is ranked worse than
61.16% of 1071 companies
in the Business Services industry
Industry Median: 4 vs HKSE:02180: 2.28

ManpowerGroup Greater China  (HKSE:02180) 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.


ManpowerGroup Greater China Net Margin % Related Terms


ManpowerGroup Greater China Net Margin % Historical Data

* Premium members only.

The historical data trend for ManpowerGroup Greater China'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.

ManpowerGroup Greater China Net Margin % Chart

ManpowerGroup Greater China 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 3.51 2.58 2.38 2.07 2.27

ManpowerGroup Greater China Semi-Annual Data
Dec16 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 2.55 1.84 2.27 1.82 2.71

HKSE:02180 vs KFY, RHI, TNET: Net Margin % Comparison

For the Staffing & Employment Services subindustry, ManpowerGroup Greater China'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.


ManpowerGroup Greater China Net Margin % vs Business Services Industry

For the Business Services industry and Industrials sector, ManpowerGroup Greater China's Net Margin % distribution charts can be found below:

* The bar in red indicates where ManpowerGroup Greater China's Net Margin % falls into.


HKSE:02180
93GF Score
ManpowerGroup Greater China Ltd HKSE:02180
Net Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

ManpowerGroup Greater China 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.

ManpowerGroup Greater China'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 )
=173.377/7627.144
=2.27 %

ManpowerGroup Greater China'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 )
=104.517/3850.878
=2.71 %

* 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 2.71% mean?
ManpowerGroup Greater China (HKSE:02180) has a Net Margin % of 2.71% as of Dec. 2025. Net margin is the ratio of total net income to net sales. View historical data on ManpowerGroup Greater China and its competitors. This is 24% below median its historical median of 3.57. Over the past decade, ManpowerGroup Greater China's Net Margin % has ranged from 2.07 to 4.20. According to the industry distribution chart, ManpowerGroup Greater China ranks #655 out of 1071 companies in the Business Services industry, placing it in the top 61.2%.
Is ManpowerGroup Greater China's Net Margin % too high?
ManpowerGroup Greater China's current Net Margin % of 2.71% is 24% below median its 10-year median of 3.57. Over the past 10 years, this metric has ranged from a low of 2.07 to a high of 4.20. The Business Services industry median Net Margin % is 4.00. ManpowerGroup Greater China's value of 2.71% is 32.3% below this industry median. Based on the distribution chart, ManpowerGroup Greater China ranks #655 out of 1071 companies in the Business Services industry, which is below the industry midpoint. Overall, ManpowerGroup Greater China has a GF Score™ of 93/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does ManpowerGroup Greater China's Net Margin % compare to KFY and RHI?
According to the Business Services industry distribution chart, ManpowerGroup Greater China ranks #655 out of 1071 companies for Net Margin %. This places ManpowerGroup Greater China in the lower half of its industry. The industry median Net Margin % is 4.00. ManpowerGroup Greater China's value of 2.71% is 32.3% below this benchmark. Historically, ManpowerGroup Greater China's own Net Margin % has ranged from 2.07 to 4.20 over the past decade. While the company's 10-year median is 3.57 vs. the industry median of 4.00, ManpowerGroup Greater China 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 Business Services company?
The median Net Margin % among Business Services companies is 4.00, based on 1,071 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. ManpowerGroup Greater China's current Net Margin % of 2.71% is 32.3% 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 ManpowerGroup Greater China and its competitors. For the Business Services industry, the median Net Margin % is 4.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ManpowerGroup Greater China's current Net Margin % is 2.71%, which is 24% below median its own 10-year median of 3.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ManpowerGroup Greater China stock overvalued right now?
Based on GuruFocus' analysis, ManpowerGroup Greater China (HKSE:02180) is currently considered Significantly Undervalued. The stock's GF Value™ is HK$6.69, compared to a current price of HK$4.61 — trading 31.1% below its estimated fair value. The current Net Margin % is 2.71%, which is 24% below median its 10-year median of 3.57 and 32.3% below the Business Services industry median of 4.00. ManpowerGroup Greater China's overall GF Score™ is 93/100 with 3 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 ManpowerGroup Greater China (HKSE:02180), the current Net Margin % is 2.71% 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 ManpowerGroup Greater China (HKSE:02180) Overvalued in 2026?

Based on GuruFocus' analysis, ManpowerGroup Greater China stock appears to be undervalued. The current stock price of HK$4.61 is trading 31.1% below its estimated GF Value™ of HK$6.69. GuruFocus considers ManpowerGroup Greater China to be Significantly Undervalued.

Key valuation signals for HKSE:02180:

  • Net Margin %: 2.71% (24% below median its 10-year median of 3.57)
  • GF Value™: HK$6.69 vs. price of HK$4.61 (31.1% below fair value)
  • GF Score™: 93/100 with 3 warning signs
  • Industry Position: 32.3% below the Business Services median (#655 of 1071)

No single metric tells the full story. See the HKSE:02180 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


ManpowerGroup Greater China Business Description

Address No. 999, Pudong Road (S, 36th Floor, Xin Mei Union Square, Pudong District, Shanghai, CHN
ManpowerGroup Greater China Ltd is engaged in the business of workforce solutions and services around the world in regions outside of Greater China; It provides flexible employment, talent hunting, recruitment process outsourcing, talent management, and training development. The segments of the company include The Workforce Solutions segment includes Flexible staffing services and Recruitment solutions services, and the Other HR Services segment provides HR services to customers who need assistance in outplacement, leadership development, career management, talent assessment, and training and development services. The company derives a majority of its revenue from the People's Republic of China, while it also has its presence in Hong Kong and Macau, and Taiwan.
93GF Score

Get the complete analysis for HKSE:02180

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

HK$4.61
Price
HK$6.69
GF Value