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Hla GroupSHSE:600398 -0.17%87 Net Margin % is 14.25% as of Mar. 2026, which is 9% above its 10-year median of 13.03. GuruFocus rates SHSE:600398 with a GF Score™ of 87/100 and a GF Value™ of ¥7.75 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 1,040 Manufacturing - Apparel & Accessories companies, Hla Group ranks better than 84.04% on this metric.
Net margin is calculated as Net Income divided by its Revenue. Hla Group's Net Income for the
three
months ended in Mar. 2026 was ¥949 Mil. Hla Group's Revenue for the
three
months ended in Mar. 2026 was ¥6,661 Mil. Therefore, Hla Group's net margin for the quarter that ended in Mar. 2026 was 14.25%.
The historical rank and industry rank for Hla Group's Net Margin % or its related term are showing as below:
SHSE:600398'
s Net Margin % Range Over the Past 10 Years
Min: 9.87 Med: 13.03 Max: 18.37
Current: 9.87
SHSE:600398's Net Margin % is ranked better than 84.04% of 1040
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 2.59
vs SHSE:600398: 9.87
Hla Group (SHSE:600398) 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.
Hla Group Net Margin % Related Terms
Hla Group Net Margin % Historical Data
* Premium members only.
The historical data trend for Hla 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.
SHSE:600398 vs RL, LEVI, VFC: Net Margin % Comparison
For the Apparel Manufacturing subindustry, Hla 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.
Hla Group Net Margin % vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Hla Group's Net Margin % distribution charts can be found below:
* The bar in red indicates where Hla Group'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.
Hla Group (SHSE:600398) has a Net Margin % of 14.25% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on Hla Group and its competitors. This is near median its historical median of 13.03. Over the past decade, Hla Group's Net Margin % has ranged from 9.87 to 18.37. According to the industry distribution chart, Hla Group ranks #166 out of 1040 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 16%.
Is Hla Group's Net Margin % too high?
Hla Group's current Net Margin % of 14.25% is near median its 10-year median of 13.03. Over the past 10 years, this metric has ranged from a low of 9.87 to a high of 18.37. The Manufacturing - Apparel & Accessories industry median Net Margin % is 2.59. Hla Group's value of 14.25% is 450.2% above this industry median. Based on the distribution chart, Hla Group ranks #166 out of 1040 companies in the Manufacturing - Apparel & Accessories industry, which is in the top quartile — a strong position relative to peers. Overall, Hla Group has a GF Score™ of 87/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Hla Group's Net Margin % compare to RL and LEVI?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Hla Group ranks #166 out of 1040 companies for Net Margin %. This places Hla Group in the top 16% of its industry — outperforming the majority of peers. The industry median Net Margin % is 2.59. Hla Group's value of 14.25% is 450.2% above this benchmark. Historically, Hla Group's own Net Margin % has ranged from 9.87 to 18.37 over the past decade. While the company's 10-year median is 13.03 vs. the industry median of 2.59, Hla Group 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 Manufacturing - Apparel & Accessories company?
The median Net Margin % among Manufacturing - Apparel & Accessories companies is 2.59, based on 1,040 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. Hla Group's current Net Margin % of 14.25% is 450.2% 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 Hla Group and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Net Margin % is 2.59 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hla Group's current Net Margin % is 14.25%, which is near median its own 10-year median of 13.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hla Group stock overvalued right now?
Based on GuruFocus' analysis, Hla Group (SHSE:600398) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥7.75, compared to a current price of ¥5.98 — trading 22.8% below its estimated fair value. The current Net Margin % is 14.25%, which is near median its 10-year median of 13.03 and 450.2% above the Manufacturing - Apparel & Accessories industry median of 2.59. Hla Group's overall GF Score™ is 87/100 with 2 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 Hla Group (SHSE:600398), the current Net Margin % is 14.25% 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.
Is Hla Group (SHSE:600398) Overvalued in 2026?
Based on GuruFocus' analysis, Hla Group stock appears to be undervalued.
The current stock price of ¥5.98 is trading 22.8% below its estimated GF Value™ of ¥7.75.
GuruFocus considers Hla Group to be Modestly Undervalued.
Key valuation signals for SHSE:600398:
Net Margin %: 14.25% (near median its 10-year median of 13.03)
GF Value™: ¥7.75 vs. price of ¥5.98 (22.8% below fair value)
Industry Position: 450.2% above the Manufacturing - Apparel & Accessories median (#166 of 1040)
No single metric tells the full story. See the SHSE:600398 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hla Group Corp Ltd is a Chinese clothing company. Its businesses include the operation of brand clothes, the production, and sales of upscale suits and professional clothing. Its brand clothing management includes brand management, supply chain management, and marketing network management. The company operates product brands including HLA, HLA Group Buying, OVV, Yingshi YeeHoO, and HLA Optimal Selection. The company offers men's clothing, women's clothing, and accessories.
87GF Score
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