Mi Ming Mart Holdings (HKSE:08473) Net Margin %: 15.14% (As of Mar. 2026) — 41% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is Mi Ming Mart Holdings Net Margin %?

Mi Ming Mart Holdings HKSE:08473 -1.04% Net Margin % is 15.14% as of Mar. 2026, which is 41% above its 10-year median of 10.76. The stock has 7 warning signs investors should review. Among 1,130 Retail - Cyclical companies, Mi Ming Mart Holdings ranks better than 87.61% on this metric.

Net margin is calculated as Net Income divided by its Revenue. Mi Ming Mart Holdings's Net Income for the six months ended in Mar. 2026 was HK$9.2 Mil. Mi Ming Mart Holdings's Revenue for the six months ended in Mar. 2026 was HK$61.0 Mil. Therefore, Mi Ming Mart Holdings's net margin for the quarter that ended in Mar. 2026 was 15.14%.

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

HKSE:08473' s Net Margin % Range Over the Past 10 Years
Min: 4.28   Med: 10.76   Max: 18.45
Current: 10.39


HKSE:08473's Net Margin % is ranked better than
87.61% of 1130 companies
in the Retail - Cyclical industry
Industry Median: 2.285 vs HKSE:08473: 10.39

Mi Ming Mart Holdings  (HKSE:08473) 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.


Mi Ming Mart Holdings Net Margin % Related Terms


Mi Ming Mart Holdings Net Margin % Historical Data

* Premium members only.

The historical data trend for Mi Ming Mart 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.

Mi Ming Mart Holdings Net Margin % Chart

Mi Ming Mart Holdings Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.49 12.10 10.02 4.28 10.39

Mi Ming Mart Holdings Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
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 6.03 9.45 -1.12 5.47 15.14

HKSE:08473 vs CASY, WSM, DKS: Net Margin % Comparison

For the Specialty Retail subindustry, Mi Ming Mart 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.


Mi Ming Mart Holdings Net Margin % vs Retail - Cyclical Industry

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

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



Mi Ming Mart 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.

Mi Ming Mart Holdings's Net Margin for the fiscal year that ended in Mar. 2026 is calculated as

Net Margin=Net Income (A: Mar. 2026 )/Revenue (A: Mar. 2026 )
=12.46/119.905
=10.39 %

Mi Ming Mart Holdings's Net Margin for the quarter that ended in Mar. 2026 is calculated as

Net Margin=Net Income (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=9.237/61.008
=15.14 %

* 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 15.14% mean?
Mi Ming Mart Holdings (HKSE:08473) has a Net Margin % of 15.14% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on Mi Ming Mart Holdings and its competitors. This is 41% above median its historical median of 10.76. Over the past decade, Mi Ming Mart Holdings' Net Margin % has ranged from 4.28 to 18.45. According to the industry distribution chart, Mi Ming Mart Holdings ranks #140 out of 1130 companies in the Retail - Cyclical industry, placing it in the top 12.4%.
Is Mi Ming Mart Holdings' Net Margin % too high?
Mi Ming Mart Holdings' current Net Margin % of 15.14% is 41% above median its 10-year median of 10.76. Over the past 10 years, this metric has ranged from a low of 4.28 to a high of 18.45. The Retail - Cyclical industry median Net Margin % is 2.29. Mi Ming Mart Holdings' value of 15.14% is 562.6% above this industry median. Based on the distribution chart, Mi Ming Mart Holdings ranks #140 out of 1130 companies in the Retail - Cyclical industry, which is in the top quartile — a strong position relative to peers.
How does Mi Ming Mart Holdings' Net Margin % compare to CASY and WSM?
According to the Retail - Cyclical industry distribution chart, Mi Ming Mart Holdings ranks #140 out of 1130 companies for Net Margin %. This places Mi Ming Mart Holdings in the top 12% of its industry — outperforming the majority of peers. The industry median Net Margin % is 2.29. Mi Ming Mart Holdings' value of 15.14% is 562.6% above this benchmark. Historically, Mi Ming Mart Holdings' own Net Margin % has ranged from 4.28 to 18.45 over the past decade. While the company's 10-year median is 10.76 vs. the industry median of 2.29, Mi Ming Mart Holdings has consistently been above 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 Retail - Cyclical company?
The median Net Margin % among Retail - Cyclical companies is 2.29, based on 1,130 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. Mi Ming Mart Holdings's current Net Margin % of 15.14% is 562.6% above 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 Mi Ming Mart Holdings and its competitors. For the Retail - Cyclical industry, the median Net Margin % is 2.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mi Ming Mart Holdings's current Net Margin % is 15.14%, which is 41% above median its own 10-year median of 10.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mi Ming Mart Holdings stock overvalued right now?
Based on GuruFocus' analysis, Mi Ming Mart Holdings (HKSE:08473) is currently considered Fairly Valued. The stock's GF Value™ is HK$0.10, compared to a current price of HK$0.10 — trading 5% below its estimated fair value. The current Net Margin % is 15.14%, which is 41% above median its 10-year median of 10.76 and 562.6% above the Retail - Cyclical industry median of 2.29. 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 Mi Ming Mart Holdings (HKSE:08473), the current Net Margin % is 15.14% as of Mar. 2026. 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.

Mi Ming Mart Holdings Business Description

Address 18 Pennington Street, 16th Floor, Guangdong Tours Centre, Hong Kong, HKG
Mi Ming Mart Holdings Ltd is an investment holding company. Along with its subsidiaries, the company is principally engaged in retailing multi-brand beauty and health products and providing beauty services in Hong Kong. The group derives a majority of its revenue from the sale of skincare, cosmetics, food and health supplements, and other products. Geographically, it derives maximum revenue from Hong Kong, and the rest from the United States of America, Macau, and Japan.