Hiyes International Co (TPE:2348) Net Margin %: 1.86% (As of Mar. 2026) — 92% Below Median

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TPE:2348 Hiyes International Co Ltd TPE:2348
76 GF Score
Price NT$72.40
GF Value NT$105.40
Valuation Possible Value Trap
! 12 Warning Signs
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What is Hiyes International Co Net Margin %?

Hiyes International Co TPE:2348 +0.84% 76 Net Margin % is 1.86% as of Mar. 2026, which is 92% below its 10-year median of 22.56. GuruFocus rates TPE:2348 with a GF Score™ of 76/100 and a GF Value™ of NT$105.40 (Possible Value Trap). The stock has 12 warning signs investors should review. Among 1,755 Real Estate companies, Hiyes International Co ranks better than 55.44% on this metric.

Net margin is calculated as Net Income divided by its Revenue. Hiyes International Co's Net Income for the three months ended in Mar. 2026 was NT$24 Mil. Hiyes International Co's Revenue for the three months ended in Mar. 2026 was NT$1,308 Mil. Therefore, Hiyes International Co's net margin for the quarter that ended in Mar. 2026 was 1.86%.

The historical rank and industry rank for Hiyes International Co's Net Margin % or its related term are showing as below:

TPE:2348' s Net Margin % Range Over the Past 10 Years
Min: 2.37   Med: 22.56   Max: 40.87
Current: 10.86


TPE:2348's Net Margin % is ranked better than
55.44% of 1755 companies
in the Real Estate industry
Industry Median: 7.84 vs TPE:2348: 10.86

Hiyes International Co  (TPE:2348) 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.


Hiyes International Co Net Margin % Related Terms


Hiyes International Co Net Margin % Historical Data

* Premium members only.

The historical data trend for Hiyes International 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.

Hiyes International Co Net Margin % Chart

Hiyes International Co 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 26.09 18.35 21.35 21.93 14.78

Hiyes International Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 20.79 12.09 4.66 16.69 1.86

TPE:2348 vs CBRE, BEKE, JLL: Net Margin % Comparison

For the Real Estate Services subindustry, Hiyes International 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.


Hiyes International Co Net Margin % vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Hiyes International Co's Net Margin % distribution charts can be found below:

* The bar in red indicates where Hiyes International Co's Net Margin % falls into.


TPE:2348
76GF Score
Hiyes International Co Ltd TPE:2348
Net Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hiyes International Co 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.

Hiyes International Co'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 )
=1086.718/7353.113
=14.78 %

Hiyes International Co's Net Margin for the quarter that ended in Mar. 2026 is calculated as

Net Margin=Net Income (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=24.394/1308.225
=1.86 %

* 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 1.86% mean?
Hiyes International Co (TPE:2348) has a Net Margin % of 1.86% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on Hiyes International Co and its competitors. This is 92% below median its historical median of 22.56. Over the past decade, Hiyes International Co's Net Margin % has ranged from 2.37 to 40.87. According to the industry distribution chart, Hiyes International Co ranks #782 out of 1755 companies in the Real Estate industry, placing it in the top 44.6%.
Is Hiyes International Co's Net Margin % too high?
Hiyes International Co's current Net Margin % of 1.86% is 92% below median its 10-year median of 22.56. Over the past 10 years, this metric has ranged from a low of 2.37 to a high of 40.87. The Real Estate industry median Net Margin % is 7.84. Hiyes International Co's value of 1.86% is 76.3% below this industry median. Based on the distribution chart, Hiyes International Co ranks #782 out of 1755 companies in the Real Estate industry, which is above the industry midpoint. Overall, Hiyes International Co has a GF Score™ of 76/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Hiyes International Co's Net Margin % compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Hiyes International Co ranks #782 out of 1755 companies for Net Margin %. This puts Hiyes International Co in the upper half of its industry. The industry median Net Margin % is 7.84. Hiyes International Co's value of 1.86% is 76.3% below this benchmark. Historically, Hiyes International Co's own Net Margin % has ranged from 2.37 to 40.87 over the past decade. While the company's 10-year median is 22.56 vs. the industry median of 7.84, Hiyes International Co 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 Real Estate company?
The median Net Margin % among Real Estate companies is 7.84, based on 1,755 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. Hiyes International Co's current Net Margin % of 1.86% is 76.3% 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 Hiyes International Co and its competitors. For the Real Estate industry, the median Net Margin % is 7.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hiyes International Co's current Net Margin % is 1.86%, which is 92% below median its own 10-year median of 22.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hiyes International Co stock overvalued right now?
Based on GuruFocus' analysis, Hiyes International Co (TPE:2348) is currently considered Possible Value Trap. The stock's GF Value™ is NT$105.40, compared to a current price of NT$72.40 — trading 31.3% below its estimated fair value. The current Net Margin % is 1.86%, which is 92% below median its 10-year median of 22.56 and 76.3% below the Real Estate industry median of 7.84. Hiyes International Co's overall GF Score™ is 76/100 with 12 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 Hiyes International Co (TPE:2348), the current Net Margin % is 1.86% 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 Hiyes International Co (TPE:2348) Overvalued in 2026?

Based on GuruFocus' analysis, Hiyes International Co stock appears to be undervalued. The current stock price of NT$72.40 is trading 31.3% below its estimated GF Value™ of NT$105.40. GuruFocus considers Hiyes International Co to be Possible Value Trap.

Key valuation signals for TPE:2348:

  • Net Margin %: 1.86% (92% below median its 10-year median of 22.56)
  • GF Value™: NT$105.40 vs. price of NT$72.40 (31.3% below fair value)
  • GF Score™: 76/100 with 12 warning signs
  • Industry Position: 76.3% below the Real Estate median (#782 of 1755)

No single metric tells the full story. See the TPE:2348 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hiyes International Co Business Description

Address No. 260, Dunhua North Road, 7th Floor, Songshan District, Taipei, TWN
Hiyes International Co Ltd operates in the real estate industry. The Company has two reporting segments: the agency sales segment of real estate, and the construction segment, in which the former engages in the brokerage of real estate sales, and the construction segment engages in the operation and construction of residential houses, sales of real estate, and other related businesses.
76GF Score

Get the complete analysis for TPE:2348

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

NT$72.40
Price
NT$105.40
GF Value