Winox Holdings (HKSE:06838) Net Margin %: -22.79% (As of Dec. 2025)

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HKSE:06838 Winox Holdings Ltd HKSE:06838
43 GF Score
Price HK$0.25
GF Value HK$0.32
Valuation Modestly Undervalued
! 4 Warning Signs
View Full Analysis

What is Winox Holdings Net Margin %?

Winox Holdings HKSE:06838 +5.93% 43 Net Margin % is -22.79% as of Dec. 2025. GuruFocus rates HKSE:06838 with a GF Score™ of 43/100 and a GF Value™ of HK$0.32 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 1,123 Retail - Cyclical companies, Winox Holdings ranks worse than 89.67% on this metric.

Net margin is calculated as Net Income divided by its Revenue. Winox Holdings's Net Income for the six months ended in Dec. 2025 was HK$-47.7 Mil. Winox Holdings's Revenue for the six months ended in Dec. 2025 was HK$209.1 Mil. Therefore, Winox Holdings's net margin for the quarter that ended in Dec. 2025 was -22.79%.

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

HKSE:06838' s Net Margin % Range Over the Past 10 Years
Min: -11.53   Med: 8.36   Max: 13.66
Current: -11.53


HKSE:06838's Net Margin % is ranked worse than
89.67% of 1123 companies
in the Retail - Cyclical industry
Industry Median: 2.41 vs HKSE:06838: -11.53

Winox Holdings  (HKSE:06838) 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.


Winox Holdings Net Margin % Related Terms


Winox Holdings Net Margin % Historical Data

* Premium members only.

The historical data trend for Winox 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.

Winox Holdings Net Margin % Chart

Winox Holdings 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 6.82 9.78 8.23 -2.98 -11.53

Winox Holdings 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 9.15 2.87 -8.23 -4.26 -22.79

HKSE:06838 vs TPR: Net Margin % Comparison

For the Luxury Goods subindustry, Winox 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.


Winox Holdings Net Margin % vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Winox Holdings's Net Margin % distribution charts can be found below:

* The bar in red indicates where Winox Holdings's Net Margin % falls into.


HKSE:06838
43GF Score
Winox Holdings Ltd HKSE:06838
Net Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Winox Holdings 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.

Winox Holdings'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 )
=-61.476/533.34
=-11.53 %

Winox Holdings'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 )
=-47.655/209.112
=-22.79 %

* 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 -22.79% mean?
Winox Holdings (HKSE:06838) has a Net Margin % of -22.79% as of Dec. 2025. Net margin is the ratio of total net income to net sales. View historical data on Winox Holdings and its competitors. According to the industry distribution chart, Winox Holdings ranks #1007 out of 1123 companies in the Retail - Cyclical industry, placing it in the top 89.7%.
Is Winox Holdings' Net Margin % too high?
Winox Holdings' current Net Margin % is -22.79%. Based on the distribution chart, Winox Holdings ranks #1007 out of 1123 companies in the Retail - Cyclical industry, which is in the bottom quartile relative to peers. Overall, Winox Holdings has a GF Score™ of 43/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Winox Holdings' Net Margin % compare to TPR?
According to the Retail - Cyclical industry distribution chart, Winox Holdings ranks #1007 out of 1123 companies for Net Margin %. This places Winox Holdings in the lower half of its industry. The industry median Net Margin % is 2.41. 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 Retail - Cyclical company?
The median Net Margin % among Retail - Cyclical companies is 2.41, based on 1,123 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 Winox Holdings and its competitors. For the Retail - Cyclical industry, the median Net Margin % is 2.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Winox Holdings's current Net Margin % is -22.79%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Winox Holdings stock overvalued right now?
Based on GuruFocus' analysis, Winox Holdings (HKSE:06838) is currently considered Modestly Undervalued. The stock's GF Value™ is HK$0.32, compared to a current price of HK$0.25 — trading 21.9% below its estimated fair value. The current Net Margin % is -22.79%. Winox Holdings' overall GF Score™ is 43/100 with 4 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 Winox Holdings (HKSE:06838), the current Net Margin % is -22.79% 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 Winox Holdings (HKSE:06838) Overvalued in 2026?

Based on GuruFocus' analysis, Winox Holdings stock appears to be undervalued. The current stock price of HK$0.25 is trading 21.9% below its estimated GF Value™ of HK$0.32. GuruFocus considers Winox Holdings to be Modestly Undervalued.

Key valuation signals for HKSE:06838:

  • Net Margin %: -22.79%
  • GF Value™: HK$0.32 vs. price of HK$0.25 (21.9% below fair value)
  • GF Score™: 43/100 with 4 warning signs

No single metric tells the full story. See the HKSE:06838 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Winox Holdings Business Description

Address 610 Cha Kwo Ling Road, Units 2, 1st Floor, Sunray Industrial Centre, Yau Tong, Kowloon, Hong Kong, HKG
Winox Holdings Ltd is an investment holding company. The principal focus remains on the development and manufacture of premium stainless steel products, and its business segments are, namely, watch bracelets, mobile phone cases and parts, smart wearable cases and parts, and fashion accessories. Its geographical segments include PRC, Taiwan, Switzerland, Hong Kong, Liechtenstein and other European countries, and Other countries. The majority of the revenue for the company comes from the PRC. Product-wise, the company generates the majority of its revenue from Mobile phone cases and parts.
43GF Score

Get the complete analysis for HKSE:06838

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

HK$0.25
Price
HK$0.32
GF Value