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Horizon Construction Development (HKSE:09930) 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.
Horizon Construction Development Net Margin % Related Terms
Horizon Construction Development Net Margin % Historical Data
* 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.
Horizon Construction Development Net Margin % Chart
HKSE:09930 vs URI, SUNB, AER: Net Margin % Comparison
For the Rental & Leasing Services subindustry, Horizon Construction Development'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.
Horizon Construction Development Net Margin % vs Business Services Industry
For the Business Services industry and Industrials sector, Horizon Construction Development's Net Margin % distribution charts can be found below:
* The bar in red indicates where Horizon Construction Development'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.
Horizon Construction Development (HKSE:09930) has a Net Margin % of 0.91% as of Jun. 2026. Net margin is the ratio of total net income to net sales. View historical data on Horizon Construction Development and its competitors. This is 90% below median its historical median of 9.22. Over the past decade, Horizon Construction Development's Net Margin % has ranged from 1.57 to 12.24. According to the industry distribution chart, Horizon Construction Development ranks #696 out of 1072 companies in the Business Services industry, placing it in the top 64.9%.
Is Horizon Construction Development's Net Margin % too high?
Horizon Construction Development's current Net Margin % of 0.91% is 90% below median its 10-year median of 9.22. Over the past 10 years, this metric has ranged from a low of 1.57 to a high of 12.24. The Business Services industry median Net Margin % is 4.00. Horizon Construction Development's value of 0.91% is 77.3% below this industry median. Based on the distribution chart, Horizon Construction Development ranks #696 out of 1072 companies in the Business Services industry, which is below the industry midpoint. Overall, Horizon Construction Development has a GF Score™ of 82/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Horizon Construction Development's Net Margin % compare to URI and SUNB?
According to the Business Services industry distribution chart, Horizon Construction Development ranks #696 out of 1072 companies for Net Margin %. This places Horizon Construction Development in the lower half of its industry. The industry median Net Margin % is 4.00. Horizon Construction Development's value of 0.91% is 77.3% below this benchmark. Historically, Horizon Construction Development's own Net Margin % has ranged from 1.57 to 12.24 over the past decade. While the company's 10-year median is 9.22 vs. the industry median of 4.00, Horizon Construction Development 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 1,072 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. Horizon Construction Development's current Net Margin % of 0.91% is 77.3% 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 Horizon Construction Development 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. Horizon Construction Development's current Net Margin % is 0.91%, which is 90% below median its own 10-year median of 9.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Horizon Construction Development stock overvalued right now?
Based on GuruFocus' analysis, Horizon Construction Development (HKSE:09930) is currently considered Possible Value Trap. The stock's GF Value™ is HK$1.20, compared to a current price of HK$0.74 — trading 38.8% below its estimated fair value. The current Net Margin % is 0.91%, which is 90% below median its 10-year median of 9.22 and 77.3% below the Business Services industry median of 4.00. Horizon Construction Development's overall GF Score™ is 82/100 with 9 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 Horizon Construction Development (HKSE:09930), the current Net Margin % is 0.91% as of Jun. 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.
Is Horizon Construction Development (HKSE:09930) Overvalued in 2026?
Based on GuruFocus' analysis, Horizon Construction Development stock appears to be undervalued.
The current stock price of HK$0.74 is trading 38.8% below its estimated GF Value™ of HK$1.20.
GuruFocus considers Horizon Construction Development to be Possible Value Trap.
Key valuation signals for HKSE:09930:
Net Margin %: 0.91% (90% below median its 10-year median of 9.22)
GF Value™: HK$1.20 vs. price of HK$0.74 (38.8% below fair value)
Industry Position: 77.3% below the Business Services median (#696 of 1072)
No single metric tells the full story. See the HKSE:09930 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Horizon Construction Development Ltd is an equipment operation service provider. The Group is committed to providing one-stop comprehensive solutions of products and services for domestic and overseas clients in the construction and industrial sectors. The company has three reportable operating segments, Operating lease services, Engineering and technical services, and Asset management and other services. A majority of its revenue is generated from the Operating lease services segment that includes aerial work platform, neo-excavation support system, neo-formwork system and other equipment.
82GF Score
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Net Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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