MobvoiHKSE:02438 -1.27%8 Net Margin % is -45.76% as of Dec. 2025. GuruFocus rates HKSE:02438 with a GF Score™ of 8/100. The stock has 5 warning signs investors should review. Among 2,818 Software companies, Mobvoi ranks worse than 77.75% on this metric.
Net margin is calculated as Net Income divided by its Revenue. Mobvoi's Net Income for the
six
months ended in Dec. 2025 was HK$-72.9 Mil. Mobvoi's Revenue for the
six
months ended in Dec. 2025 was HK$159.2 Mil. Therefore, Mobvoi's net margin for the quarter that ended in Dec. 2025 was -45.76%.
The historical rank and industry rank for Mobvoi's Net Margin % or its related term are showing as below:
HKSE:02438'
s Net Margin % Range Over the Past 10 Years
Min: -184.83 Med: -133.91 Max: -21.31
Current: -21.43
HKSE:02438's Net Margin % is ranked worse than 77.75% of 2818
companies
in the Software industry
Industry Median: 2.575
vs HKSE:02438: -21.43
Mobvoi (HKSE:02438) 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.
Mobvoi Net Margin % Related Terms
Mobvoi Net Margin % Historical Data
* Premium members only.
The historical data trend for Mobvoi'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:02438 vs MSFT, ORCL, PLTR: Net Margin % Comparison
For the Software - Infrastructure subindustry, Mobvoi'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.
Mobvoi Net Margin % vs Software Industry
For the Software industry and Technology sector, Mobvoi's Net Margin % distribution charts can be found below:
* The bar in red indicates where Mobvoi'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.
Mobvoi (HKSE:02438) has a Net Margin % of -45.76% as of Dec. 2025. Net margin is the ratio of total net income to net sales. View historical data on Mobvoi and its competitors. According to the industry distribution chart, Mobvoi ranks #2191 out of 2818 companies in the Software industry, placing it in the top 77.8%.
Is Mobvoi's Net Margin % too high?
Mobvoi's current Net Margin % is -45.76%. Based on the distribution chart, Mobvoi ranks #2191 out of 2818 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Mobvoi has a GF Score™ of 8/100, reflecting its overall financial health beyond just this single metric.
How does Mobvoi's Net Margin % compare to MSFT and ORCL?
According to the Software industry distribution chart, Mobvoi ranks #2191 out of 2818 companies for Net Margin %. This places Mobvoi in the lower half of its industry. The industry median Net Margin % is 2.58. 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 Software company?
The median Net Margin % among Software companies is 2.58, based on 2,818 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 Mobvoi and its competitors. For the Software industry, the median Net Margin % is 2.58 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mobvoi's current Net Margin % is -45.76%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mobvoi stock overvalued right now?
Mobvoi (HKSE:02438) has a current Net Margin % of -45.76%. The current Net Margin % is -45.76%. Mobvoi's overall GF Score™ is 8/100 with 5 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 Mobvoi (HKSE:02438), the current Net Margin % is -45.76% 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.
Mobvoi Inc is engaged in providing AIGC solutions, AI enterprise solutions, smart devices and accessories with generative AI and voice interaction technologies at the core of business. The company is engaged providing hardware and software integrated AI products and services to enterprises and consumers across multiple countries and regions. Its business segments consist of AI Software Solutions, which comprise AIGC solutions and AI enterprise solutions; and AI Hardware includes the sale of smart devices and other accessories. Key revenue is generated from AI Hardware Solutions. The company geographically operates in Mainland China, Germany, and Other Countries.
8GF Score
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