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FSPG Hi-Tech CoSZSE:000973 +0.21%60 Net Margin % is 41.71% as of Mar. 2026, which is 751% above its 10-year median of 4.90. GuruFocus rates SZSE:000973 with a GF Score™ of 60/100 and a GF Value™ of ¥7.06 (Significantly Overvalued). The stock has 10 warning signs investors should review. Among 1,585 Chemicals companies, FSPG Hi-Tech Co ranks better than 94.89% on this metric.
Net margin is calculated as Net Income divided by its Revenue. FSPG Hi-Tech Co's Net Income for the
three
months ended in Mar. 2026 was ¥556 Mil. FSPG Hi-Tech Co's Revenue for the
three
months ended in Mar. 2026 was ¥1,334 Mil. Therefore, FSPG Hi-Tech Co's net margin for the quarter that ended in Mar. 2026 was 41.71%.
The historical rank and industry rank for FSPG Hi-Tech Co's Net Margin % or its related term are showing as below:
SZSE:000973'
s Net Margin % Range Over the Past 10 Years
Min: 1.52 Med: 4.9 Max: 21.12
Current: 21.12
SZSE:000973's Net Margin % is ranked better than 94.89% of 1585
companies
in the Chemicals industry
Industry Median: 4.5
vs SZSE:000973: 21.12
FSPG Hi-Tech Co (SZSE:000973) 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.
FSPG Hi-Tech Co Net Margin % Related Terms
FSPG Hi-Tech Co Net Margin % Historical Data
* Premium members only.
The historical data trend for FSPG Hi-Tech Co'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.
For the Chemicals subindustry, FSPG Hi-Tech Co'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.
FSPG Hi-Tech Co Net Margin % vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, FSPG Hi-Tech Co's Net Margin % distribution charts can be found below:
* The bar in red indicates where FSPG Hi-Tech Co'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.
FSPG Hi-Tech Co (SZSE:000973) has a Net Margin % of 41.71% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on FSPG Hi-Tech Co and its competitors. This is 751% above median its historical median of 4.90. Over the past decade, FSPG Hi-Tech Co's Net Margin % has ranged from 1.52 to 21.12. According to the industry distribution chart, FSPG Hi-Tech Co ranks #81 out of 1585 companies in the Chemicals industry, placing it in the top 5.1%.
Is FSPG Hi-Tech Co's Net Margin % too high?
FSPG Hi-Tech Co's current Net Margin % of 41.71% is 751% above median its 10-year median of 4.90. Over the past 10 years, this metric has ranged from a low of 1.52 to a high of 21.12. The Chemicals industry median Net Margin % is 4.50. FSPG Hi-Tech Co's value of 41.71% is 826.9% above this industry median. Based on the distribution chart, FSPG Hi-Tech Co ranks #81 out of 1585 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, FSPG Hi-Tech Co has a GF Score™ of 60/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does FSPG Hi-Tech Co's Net Margin % compare to DOW?
According to the Chemicals industry distribution chart, FSPG Hi-Tech Co ranks #81 out of 1585 companies for Net Margin %. This places FSPG Hi-Tech Co in the top 5% of its industry — outperforming the majority of peers. The industry median Net Margin % is 4.50. FSPG Hi-Tech Co's value of 41.71% is 826.9% above this benchmark. Historically, FSPG Hi-Tech Co's own Net Margin % has ranged from 1.52 to 21.12 over the past decade. While the company's 10-year median is 4.90 vs. the industry median of 4.50, FSPG Hi-Tech Co 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 Chemicals company?
The median Net Margin % among Chemicals companies is 4.50, based on 1,585 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. FSPG Hi-Tech Co's current Net Margin % of 41.71% is 826.9% 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 FSPG Hi-Tech Co and its competitors. For the Chemicals industry, the median Net Margin % is 4.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. FSPG Hi-Tech Co's current Net Margin % is 41.71%, which is 751% above median its own 10-year median of 4.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is FSPG Hi-Tech Co stock overvalued right now?
Based on GuruFocus' analysis, FSPG Hi-Tech Co (SZSE:000973) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥7.06, compared to a current price of ¥14.43 — trading 104.4% above its estimated fair value. The current Net Margin % is 41.71%, which is 751% above median its 10-year median of 4.90 and 826.9% above the Chemicals industry median of 4.50. FSPG Hi-Tech Co's overall GF Score™ is 60/100 with 10 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 FSPG Hi-Tech Co (SZSE:000973), the current Net Margin % is 41.71% 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 FSPG Hi-Tech Co (SZSE:000973) Overvalued in 2026?
Based on GuruFocus' analysis, FSPG Hi-Tech Co stock appears to be overvalued.
The current stock price of ¥14.43 is trading 104.4% above its estimated GF Value™ of ¥7.06.
GuruFocus considers FSPG Hi-Tech Co to be Significantly Overvalued.
Key valuation signals for SZSE:000973:
Net Margin %: 41.71% (751% above median its 10-year median of 4.90)
GF Value™: ¥7.06 vs. price of ¥14.43 (104.4% above fair value)
Industry Position: 826.9% above the Chemicals median (#81 of 1585)
No single metric tells the full story. See the SZSE:000973 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
FSPG Hi-Tech Co Ltd is a China-based company mainly engaged in the research and development, production, and sale of new energy, new materials, energy-saving technologies, and environmental protection products. The company offers Packaging materials, such as BOPA, BOPP drinking straw, and cigarette packaging materials, and laminated AL films; Electric and optical materials, such as BOPP capacitor and polarizer films; Construction materials comprising woven fabrics and PE-Xc pipes; Personal Healthcare & Clothing materials, such as PE Casting Embossed Film and EasyTexTM and Advertisement & Labeling Material includes PVC Film For Graphics Use.
60GF Score
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