HUNG SHENG Construction Co (TPE:2534) Net Margin %: 27.34% (As of Dec. 2025) — 22% Above Median


TPE:2534 HUNG SHENG Construction Co Ltd TPE:2534
72 GF Score
Price NT$16.60
GF Value NT$18.42
Valuation Modestly Undervalued
! 7 Warning Signs
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What is HUNG SHENG Construction Co Net Margin %?

HUNG SHENG Construction Co TPE:2534 -1.19% 72 Net Margin % is 27.34% as of Dec. 2025, which is 22% above its 10-year median of 22.32. GuruFocus rates TPE:2534 with a GF Score™ of 72/100 and a GF Value™ of NT$18.42 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 1,755 Real Estate companies, HUNG SHENG Construction Co ranks better than 68.32% on this metric.

Net margin is calculated as Net Income divided by its Revenue. HUNG SHENG Construction Co's Net Income for the three months ended in Dec. 2025 was NT$97 Mil. HUNG SHENG Construction Co's Revenue for the three months ended in Dec. 2025 was NT$355 Mil. Therefore, HUNG SHENG Construction Co's net margin for the quarter that ended in Dec. 2025 was 27.34%.

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

TPE:2534' s Net Margin % Range Over the Past 10 Years
Min: 14.13   Med: 22.32   Max: 40.06
Current: 20.55


TPE:2534's Net Margin % is ranked better than
68.32% of 1755 companies
in the Real Estate industry
Industry Median: 8.03 vs TPE:2534: 20.55

HUNG SHENG Construction Co  (TPE:2534) 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.


HUNG SHENG Construction Co Net Margin % Related Terms


HUNG SHENG Construction Co Net Margin % Historical Data

* Premium members only.

The historical data trend for HUNG SHENG Construction 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.

HUNG SHENG Construction Co Net Margin % Chart

HUNG SHENG Construction 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 21.78 28.20 20.40 14.13 20.55

HUNG SHENG Construction Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 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 26.27 25.93 17.15 4.98 27.34

HUNG SHENG Construction Co Net Margin % Competitor Comparison

For the Real Estate - Development subindustry, HUNG SHENG Construction 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.


HUNG SHENG Construction Co Net Margin % vs Real Estate Industry

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

* The bar in red indicates where HUNG SHENG Construction Co's Net Margin % falls into.


TPE:2534
72GF Score
HUNG SHENG Construction Co Ltd TPE:2534
Net Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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HUNG SHENG Construction 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.

HUNG SHENG Construction 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 )
=974.432/4741.072
=20.55 %

HUNG SHENG Construction Co'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 )
=97.07/355.053
=27.34 %

* 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 27.34% mean?
HUNG SHENG Construction Co (TPE:2534) has a Net Margin % of 27.34% as of Dec. 2025. Net margin is the ratio of total net income to net sales. View historical data on HUNG SHENG Construction Co and its competitors. This is 22% above median its historical median of 22.32. Over the past decade, HUNG SHENG Construction Co's Net Margin % has ranged from 14.13 to 40.06. According to the industry distribution chart, HUNG SHENG Construction Co ranks #556 out of 1755 companies in the Real Estate industry, placing it in the top 31.7%.
Is HUNG SHENG Construction Co's Net Margin % too high?
HUNG SHENG Construction Co's current Net Margin % of 27.34% is 22% above median its 10-year median of 22.32. Over the past 10 years, this metric has ranged from a low of 14.13 to a high of 40.06. The Real Estate industry median Net Margin % is 8.03. HUNG SHENG Construction Co's value of 27.34% is 240.5% above this industry median. Based on the distribution chart, HUNG SHENG Construction Co ranks #556 out of 1755 companies in the Real Estate industry, which is above the industry midpoint. Overall, HUNG SHENG Construction Co has a GF Score™ of 72/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does HUNG SHENG Construction Co's Net Margin % compare to competitors?
According to the Real Estate industry distribution chart, HUNG SHENG Construction Co ranks #556 out of 1755 companies for Net Margin %. This puts HUNG SHENG Construction Co in the upper half of its industry. The industry median Net Margin % is 8.03. HUNG SHENG Construction Co's value of 27.34% is 240.5% above this benchmark. Historically, HUNG SHENG Construction Co's own Net Margin % has ranged from 14.13 to 40.06 over the past decade. While the company's 10-year median is 22.32 vs. the industry median of 8.03, HUNG SHENG Construction 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 Real Estate company?
The median Net Margin % among Real Estate companies is 8.03, 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. HUNG SHENG Construction Co's current Net Margin % of 27.34% is 240.5% 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 HUNG SHENG Construction Co and its competitors. For the Real Estate industry, the median Net Margin % is 8.03 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. HUNG SHENG Construction Co's current Net Margin % is 27.34%, which is 22% above median its own 10-year median of 22.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is HUNG SHENG Construction Co stock overvalued right now?
Based on GuruFocus' analysis, HUNG SHENG Construction Co (TPE:2534) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$18.42, compared to a current price of NT$16.60 — trading 9.9% below its estimated fair value. The current Net Margin % is 27.34%, which is 22% above median its 10-year median of 22.32 and 240.5% above the Real Estate industry median of 8.03. HUNG SHENG Construction Co's overall GF Score™ is 72/100 with 7 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 HUNG SHENG Construction Co (TPE:2534), the current Net Margin % is 27.34% 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 HUNG SHENG Construction Co (TPE:2534) Overvalued in 2026?

Based on GuruFocus' analysis, HUNG SHENG Construction Co stock appears to be undervalued. The current stock price of NT$16.60 is trading 9.9% below its estimated GF Value™ of NT$18.42. GuruFocus considers HUNG SHENG Construction Co to be Modestly Undervalued.

Key valuation signals for TPE:2534:

  • Net Margin %: 27.34% (22% above median its 10-year median of 22.32)
  • GF Value™: NT$18.42 vs. price of NT$16.60 (9.9% below fair value)
  • GF Score™: 72/100 with 7 warning signs
  • Industry Position: 240.5% above the Real Estate median (#556 of 1755)

No single metric tells the full story. See the TPE:2534 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


HUNG SHENG Construction Co Business Description

Address No. 168, Dunhua North Road, 14th Floor, Songshan District, Taipei, TWN
HUNG SHENG Construction Co Ltd engages in the commission of contractors to build public housing for sale and rental. The reportable segments of the consolidated company are as follows: Sale of real estate - Sales of residences and commercial buildings. Construction - Building of residences and commercial buildings. and Lease - Lease of investment property.
72GF Score

Get the complete analysis for TPE:2534

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

NT$16.60
Price
NT$18.42
GF Value