Hoe LeongSGX:H20 Net Margin % is 2.94% as of Dec. 2025, which is 104% above its 10-year median of 1.44. The stock has 3 warning signs investors should review. Among 156 Industrial Distribution companies, Hoe Leong ranks worse than 69.87% on this metric.
Net margin is calculated as Net Income divided by its Revenue. Hoe Leong's Net Income for the
six
months ended in Dec. 2025 was S$0.52 Mil. Hoe Leong's Revenue for the
six
months ended in Dec. 2025 was S$17.60 Mil. Therefore, Hoe Leong's net margin for the quarter that ended in Dec. 2025 was 2.94%.
The historical rank and industry rank for Hoe Leong's Net Margin % or its related term are showing as below:
SGX:H20'
s Net Margin % Range Over the Past 10 Years
Min: -81.02 Med: 1.44 Max: 12.42
Current: 1.4
SGX:H20's Net Margin % is ranked worse than 69.87% of 156
companies
in the Industrial Distribution industry
Industry Median: 3.09
vs SGX:H20: 1.40
Hoe Leong (SGX:H20) 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.
Hoe Leong Net Margin % Related Terms
Hoe Leong Net Margin % Historical Data
* Premium members only.
The historical data trend for Hoe Leong'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.
SGX:H20 vs GWW, FAST, FERG: Net Margin % Comparison
For the Industrial Distribution subindustry, Hoe Leong'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.
Hoe Leong Net Margin % vs Industrial Distribution Industry
For the Industrial Distribution industry and Industrials sector, Hoe Leong's Net Margin % distribution charts can be found below:
* The bar in red indicates where Hoe Leong'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.
Hoe Leong (SGX:H20) has a Net Margin % of 2.94% as of Dec. 2025. Net margin is the ratio of total net income to net sales. View historical data on Hoe Leong and its competitors. This is 104% above median its historical median of 1.44. According to the industry distribution chart, Hoe Leong ranks #109 out of 156 companies in the Industrial Distribution industry, placing it in the top 69.9%.
Is Hoe Leong's Net Margin % too high?
Hoe Leong's current Net Margin % of 2.94% is 104% above median its 10-year median of 1.44. The Industrial Distribution industry median Net Margin % is 3.09. Hoe Leong's value of 2.94% is 4.9% below this industry median. Based on the distribution chart, Hoe Leong ranks #109 out of 156 companies in the Industrial Distribution industry, which is below the industry midpoint.
How does Hoe Leong's Net Margin % compare to GWW and FAST?
According to the Industrial Distribution industry distribution chart, Hoe Leong ranks #109 out of 156 companies for Net Margin %. This places Hoe Leong in the lower half of its industry. The industry median Net Margin % is 3.09. Hoe Leong's value of 2.94% is 4.9% below this benchmark. While the company's 10-year median is 1.44 vs. the industry median of 3.09, Hoe Leong 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 an Industrial Distribution company?
The median Net Margin % among Industrial Distribution companies is 3.09, based on 156 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. Hoe Leong's current Net Margin % of 2.94% is 4.9% 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 Hoe Leong and its competitors. For the Industrial Distribution industry, the median Net Margin % is 3.09 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hoe Leong's current Net Margin % is 2.94%, which is 104% above median its own 10-year median of 1.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hoe Leong stock overvalued right now?
Hoe Leong (SGX:H20) has a current Net Margin % of 2.94%. The current Net Margin % is 2.94%, which is 104% above median its 10-year median of 1.44 and 4.9% below the Industrial Distribution industry median of 3.09. 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 Hoe Leong (SGX:H20), the current Net Margin % is 2.94% 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.
Hoe Leong Corp Ltd specializes in providing undercarriage products, equipment parts, and services for heavy equipment and industrial machinery. Its offerings include an extensive range of parts for bulldozers, excavators, wheel loaders, and off-the-road (OTR) mining dump trucks, such as track frames, track chains and groups, rollers, shoes, sprockets, grouser parts, idlers, and OTR tires. The Group's reportable segments are Design and manufacture, Trading and distribution, and Investment Holding. Maximum revenue is derived from the Design and manufacture segment, which designs, manufactures, and sells equipment parts for both heavy equipment and industrial machinery under in-house brands like KBJ, ROSSI, and MIZU. Geographically, it operates globally and derives key revenue from Australia.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
SGX:H20 has been successfully added to your 