First Sponsor Group (SGX:ADN) Net Margin %: -70.91% (As of Dec. 2025)

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SGX:ADN First Sponsor Group Ltd SGX:ADN
69 GF Score
Price S$1.00
GF Value S$1.08
Valuation Fairly Valued
! 6 Warning Signs
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What is First Sponsor Group Net Margin %?

First Sponsor Group SGX:ADN 69 Net Margin % is -70.91% as of Dec. 2025. GuruFocus rates SGX:ADN with a GF Score™ of 69/100 and a GF Value™ of S$1.08 (Fairly Valued). The stock has 6 warning signs investors should review. Among 1,753 Real Estate companies, First Sponsor Group ranks worse than 81.75% on this metric.

Net margin is calculated as Net Income divided by its Revenue. First Sponsor Group's Net Income for the six months ended in Dec. 2025 was S$-97.7 Mil. First Sponsor Group's Revenue for the six months ended in Dec. 2025 was S$137.8 Mil. Therefore, First Sponsor Group's net margin for the quarter that ended in Dec. 2025 was -70.91%.

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

SGX:ADN' s Net Margin % Range Over the Past 10 Years
Min: -27   Med: 30   Max: 56.81
Current: -27


SGX:ADN's Net Margin % is ranked worse than
81.75% of 1753 companies
in the Real Estate industry
Industry Median: 8.07 vs SGX:ADN: -27.00

First Sponsor Group  (SGX:ADN) 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.


First Sponsor Group Net Margin % Related Terms


First Sponsor Group Net Margin % Historical Data

* Premium members only.

The historical data trend for First Sponsor Group'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.

First Sponsor Group Net Margin % Chart

First Sponsor Group 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 20.62 30.70 4.43 29.29 -27.00

First Sponsor Group 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 1.30 6.90 56.05 12.33 -70.91

First Sponsor Group Net Margin % Competitor Comparison

For the Real Estate - Development subindustry, First Sponsor Group'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.


First Sponsor Group Net Margin % vs Real Estate Industry

For the Real Estate industry and Real Estate sector, First Sponsor Group's Net Margin % distribution charts can be found below:

* The bar in red indicates where First Sponsor Group's Net Margin % falls into.


SGX:ADN
69GF Score
First Sponsor Group Ltd SGX:ADN
Net Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

First Sponsor Group 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.

First Sponsor Group'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 )
=-78.757/291.714
=-27.00 %

First Sponsor Group'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 )
=-97.735/137.825
=-70.91 %

* 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 -70.91% mean?
First Sponsor Group (SGX:ADN) has a Net Margin % of -70.91% as of Dec. 2025. Net margin is the ratio of total net income to net sales. View historical data on First Sponsor Group and its competitors. According to the industry distribution chart, First Sponsor Group ranks #1433 out of 1753 companies in the Real Estate industry, placing it in the top 81.7%.
Is First Sponsor Group's Net Margin % too high?
First Sponsor Group's current Net Margin % is -70.91%. Based on the distribution chart, First Sponsor Group ranks #1433 out of 1753 companies in the Real Estate industry, which is in the bottom quartile relative to peers. Overall, First Sponsor Group has a GF Score™ of 69/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does First Sponsor Group's Net Margin % compare to competitors?
According to the Real Estate industry distribution chart, First Sponsor Group ranks #1433 out of 1753 companies for Net Margin %. This places First Sponsor Group in the lower half of its industry. The industry median Net Margin % is 8.07. 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 Real Estate company?
The median Net Margin % among Real Estate companies is 8.07, based on 1,753 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 First Sponsor Group and its competitors. For the Real Estate industry, the median Net Margin % is 8.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. First Sponsor Group's current Net Margin % is -70.91%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is First Sponsor Group stock overvalued right now?
Based on GuruFocus' analysis, First Sponsor Group (SGX:ADN) is currently considered Fairly Valued. The stock's GF Value™ is S$1.08, compared to a current price of S$1.00 — trading 7.4% below its estimated fair value. The current Net Margin % is -70.91%. First Sponsor Group's overall GF Score™ is 69/100 with 6 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 First Sponsor Group (SGX:ADN), the current Net Margin % is -70.91% 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 First Sponsor Group (SGX:ADN) Overvalued in 2026?

Based on GuruFocus' analysis, First Sponsor Group stock appears to be undervalued. The current stock price of S$1.00 is trading 7.4% below its estimated GF Value™ of S$1.08. GuruFocus considers First Sponsor Group to be Fairly Valued.

Key valuation signals for SGX:ADN:

  • Net Margin %: -70.91%
  • GF Value™: S$1.08 vs. price of S$1.00 (7.4% below fair value)
  • GF Score™: 69/100 with 6 warning signs

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


First Sponsor Group Business Description

Address 19 Lorong Telok, Singapore, SGP, 049031
First Sponsor Group Ltd is an investment holding company. The principal activities of the company are investment holding, property development and sales, property investment, hotel ownership and operations, and provision of property financing services. The Hotel operations segment includes hotels and hot spring owners. The property development segment includes the development and/or purchase of properties for sale. The property investment segment includes the development and/or purchase of investment properties (including hotels) for rental income. The property financing segment includes the provision of non-pro rata interest-bearing loans to associates and joint ventures, provision of interest-bearing loans to third parties. Key revenue is derived from Property development.
69GF Score

Get the complete analysis for SGX:ADN

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

S$1.00
Price
S$1.08
GF Value