China Resources Beverage (Holdings) Co (HKSE:02460) Net Margin %: 3.76% (As of Dec. 2025) — 58% Below Median

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HKSE:02460 China Resources Beverage (Holdings) Co Ltd HKSE:02460
21 GF Score
Price HK$7.49
! 5 Warning Signs
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What is China Resources Beverage (Holdings) Co Net Margin %?

China Resources Beverage (Holdings) Co HKSE:02460 -2.22% 21 Net Margin % is 3.76% as of Dec. 2025, which is 58% below its 10-year median of 8.96. GuruFocus rates HKSE:02460 with a GF Score™ of 21/100. The stock has 5 warning signs investors should review. Among 116 Beverages - Non-Alcoholic companies, China Resources Beverage (Holdings) Co ranks better than 62.07% on this metric.

Net margin is calculated as Net Income divided by its Revenue. China Resources Beverage (Holdings) Co's Net Income for the six months ended in Dec. 2025 was HK$199 Mil. China Resources Beverage (Holdings) Co's Revenue for the six months ended in Dec. 2025 was HK$5,299 Mil. Therefore, China Resources Beverage (Holdings) Co's net margin for the quarter that ended in Dec. 2025 was 3.76%.

The historical rank and industry rank for China Resources Beverage (Holdings) Co's Net Margin % or its related term are showing as below:

HKSE:02460' s Net Margin % Range Over the Past 10 Years
Min: 7.57   Med: 8.96   Max: 12.1
Current: 8.93


HKSE:02460's Net Margin % is ranked better than
62.07% of 116 companies
in the Beverages - Non-Alcoholic industry
Industry Median: 6.515 vs HKSE:02460: 8.93

China Resources Beverage (Holdings) Co  (HKSE:02460) 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.


China Resources Beverage (Holdings) Co Net Margin % Related Terms


China Resources Beverage (Holdings) Co Net Margin % Historical Data

* Premium members only.

The historical data trend for China Resources Beverage (Holdings) Co'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.

China Resources Beverage (Holdings) Co Net Margin % Chart

China Resources Beverage (Holdings) Co Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Net Margin %
7.57 7.84 9.84 12.10 8.96

China Resources Beverage (Holdings) Co Semi-Annual Data
Dec21 Dec22 Dec23 Jun24 Dec24 Jun25 Dec25
Net Margin % Get a 7-Day Free Trial 0.00 14.81 8.61 12.97 3.76

HKSE:02460 vs KO, PEP, MNST: Net Margin % Comparison

For the Beverages - Non-Alcoholic subindustry, China Resources Beverage (Holdings) Co'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.


China Resources Beverage (Holdings) Co Net Margin % vs Beverages - Non-Alcoholic Industry

For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, China Resources Beverage (Holdings) Co's Net Margin % distribution charts can be found below:

* The bar in red indicates where China Resources Beverage (Holdings) Co's Net Margin % falls into.


HKSE:02460
21GF Score
China Resources Beverage (Holdings) Co Ltd HKSE:02460
Net Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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China Resources Beverage (Holdings) Co 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.

China Resources Beverage (Holdings) Co'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 )
=1088.531/12154.308
=8.96 %

China Resources Beverage (Holdings) Co'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 )
=199.119/5298.833
=3.76 %

* 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 3.76% mean?
China Resources Beverage (Holdings) Co (HKSE:02460) has a Net Margin % of 3.76% as of Dec. 2025. Net margin is the ratio of total net income to net sales. View historical data on China Resources Beverage (Holdings) Co and its competitors. This is 58% below median its historical median of 8.96. Over the past decade, China Resources Beverage (Holdings) Co's Net Margin % has ranged from 7.57 to 12.10. According to the industry distribution chart, China Resources Beverage (Holdings) Co ranks #44 out of 116 companies in the Beverages - Non-Alcoholic industry, placing it in the top 37.9%.
Is China Resources Beverage (Holdings) Co's Net Margin % too high?
China Resources Beverage (Holdings) Co's current Net Margin % of 3.76% is 58% below median its 10-year median of 8.96. Over the past 10 years, this metric has ranged from a low of 7.57 to a high of 12.10. The Beverages - Non-Alcoholic industry median Net Margin % is 6.52. China Resources Beverage (Holdings) Co's value of 3.76% is 42.3% below this industry median. Based on the distribution chart, China Resources Beverage (Holdings) Co ranks #44 out of 116 companies in the Beverages - Non-Alcoholic industry, which is above the industry midpoint. Overall, China Resources Beverage (Holdings) Co has a GF Score™ of 21/100, reflecting its overall financial health beyond just this single metric.
How does China Resources Beverage (Holdings) Co's Net Margin % compare to KO and PEP?
According to the Beverages - Non-Alcoholic industry distribution chart, China Resources Beverage (Holdings) Co ranks #44 out of 116 companies for Net Margin %. This puts China Resources Beverage (Holdings) Co in the upper half of its industry. The industry median Net Margin % is 6.52. China Resources Beverage (Holdings) Co's value of 3.76% is 42.3% below this benchmark. Historically, China Resources Beverage (Holdings) Co's own Net Margin % has ranged from 7.57 to 12.10 over the past decade. While the company's 10-year median is 8.96 vs. the industry median of 6.52, China Resources Beverage (Holdings) Co 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 Beverages - Non-Alcoholic company?
The median Net Margin % among Beverages - Non-Alcoholic companies is 6.52, based on 116 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. China Resources Beverage (Holdings) Co's current Net Margin % of 3.76% is 42.3% 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 China Resources Beverage (Holdings) Co and its competitors. For the Beverages - Non-Alcoholic industry, the median Net Margin % is 6.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China Resources Beverage (Holdings) Co's current Net Margin % is 3.76%, which is 58% below median its own 10-year median of 8.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Resources Beverage (Holdings) Co stock overvalued right now?
China Resources Beverage (Holdings) Co (HKSE:02460) has a current Net Margin % of 3.76%. The current Net Margin % is 3.76%, which is 58% below median its 10-year median of 8.96 and 42.3% below the Beverages - Non-Alcoholic industry median of 6.52. China Resources Beverage (Holdings) Co's overall GF Score™ is 21/100 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 China Resources Beverage (Holdings) Co (HKSE:02460), the current Net Margin % is 3.76% 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.

China Resources Beverage (Holdings) Co Business Description

Address 22 Langshan Road, Shenzhen High-tech Industrial Park, North District, Nanshan District, Guangdong Province, Shenzhen, CHN
China Resources Beverage is the second-largest bottled water producer in China and a subsidiary of China Resources Group, a state-owned conglomerate. The bottled water business accounts for around 90% of the company's revenue, with C'estbon being the flagship product. The company has been leveraging its distribution network developed for water products to expand the scale of its nonwater beverages products, which accounts for roughly 10% of the company's revenue.
21GF Score

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