Vietnam Manufacturing and Export Processing (Holdings) (TPE:9110) Net Margin %: -0.26% (As of Mar. 2026)


TPE:9110 Vietnam Manufacturing and Export Processing (Holdings) Ltd TPE:9110
54 GF Score
Price NT$3.30
GF Value NT$5.27
Valuation Significantly Undervalued
! 3 Warning Signs
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What is Vietnam Manufacturing and Export Processing (Holdings) Net Margin %?

Vietnam Manufacturing and Export Processing (Holdings) TPE:9110 54 Net Margin % is -0.26% as of Mar. 2026. GuruFocus rates TPE:9110 with a GF Score™ of 54/100 and a GF Value™ of NT$5.27 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 1,326 Vehicles & Parts companies, Vietnam Manufacturing and Export Processing (Holdings) ranks better than 57.84% on this metric.

Net margin is calculated as Net Income divided by its Revenue. Vietnam Manufacturing and Export Processing (Holdings)'s Net Income for the three months ended in Mar. 2026 was NT$-2 Mil. Vietnam Manufacturing and Export Processing (Holdings)'s Revenue for the three months ended in Mar. 2026 was NT$596 Mil. Therefore, Vietnam Manufacturing and Export Processing (Holdings)'s net margin for the quarter that ended in Mar. 2026 was -0.26%.

The historical rank and industry rank for Vietnam Manufacturing and Export Processing (Holdings)'s Net Margin % or its related term are showing as below:

TPE:9110' s Net Margin % Range Over the Past 10 Years
Min: -45.71   Med: -5.37   Max: 5.34
Current: 4.24


TPE:9110's Net Margin % is ranked better than
57.84% of 1326 companies
in the Vehicles & Parts industry
Industry Median: 3.205 vs TPE:9110: 4.24

Vietnam Manufacturing and Export Processing (Holdings)  (TPE:9110) 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.


Vietnam Manufacturing and Export Processing (Holdings) Net Margin % Related Terms


Vietnam Manufacturing and Export Processing (Holdings) Net Margin % Historical Data

* Premium members only.

The historical data trend for Vietnam Manufacturing and Export Processing (Holdings)'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.

Vietnam Manufacturing and Export Processing (Holdings) Net Margin % Chart

Vietnam Manufacturing and Export Processing (Holdings) 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 -5.99 -0.15 1.60 -4.74 5.34

Vietnam Manufacturing and Export Processing (Holdings) Quarterly Data
Jun20 Dec20 Jun21 Dec21 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 4.70 -3.32 -7.23 29.80 -0.26

TPE:9110 vs BC, THO, PII: Net Margin % Comparison

For the Recreational Vehicles subindustry, Vietnam Manufacturing and Export Processing (Holdings)'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.


Vietnam Manufacturing and Export Processing (Holdings) Net Margin % vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Vietnam Manufacturing and Export Processing (Holdings)'s Net Margin % distribution charts can be found below:

* The bar in red indicates where Vietnam Manufacturing and Export Processing (Holdings)'s Net Margin % falls into.


TPE:9110
54GF Score
Vietnam Manufacturing and Export Processing (Holdings) Ltd TPE:9110
Net Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Vietnam Manufacturing and Export Processing (Holdings) 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.

Vietnam Manufacturing and Export Processing (Holdings)'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 )
=145.694/2727.87
=5.34 %

Vietnam Manufacturing and Export Processing (Holdings)'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 )
=-1.53/595.555
=-0.26 %

* 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 -0.26% mean?
Vietnam Manufacturing and Export Processing (Holdings) (TPE:9110) has a Net Margin % of -0.26% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on Vietnam Manufacturing and Export Processing (Holdings) and its competitors. According to the industry distribution chart, Vietnam Manufacturing and Export Processing (Holdings) ranks #559 out of 1326 companies in the Vehicles & Parts industry, placing it in the top 42.2%.
Is Vietnam Manufacturing and Export Processing (Holdings)'s Net Margin % too high?
Vietnam Manufacturing and Export Processing (Holdings)'s current Net Margin % is -0.26%. Based on the distribution chart, Vietnam Manufacturing and Export Processing (Holdings) ranks #559 out of 1326 companies in the Vehicles & Parts industry, which is above the industry midpoint. Overall, Vietnam Manufacturing and Export Processing (Holdings) has a GF Score™ of 54/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Vietnam Manufacturing and Export Processing (Holdings)'s Net Margin % compare to BC and THO?
According to the Vehicles & Parts industry distribution chart, Vietnam Manufacturing and Export Processing (Holdings) ranks #559 out of 1326 companies for Net Margin %. This puts Vietnam Manufacturing and Export Processing (Holdings) in the upper half of its industry. The industry median Net Margin % is 3.21. 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 Vehicles & Parts company?
The median Net Margin % among Vehicles & Parts companies is 3.21, based on 1,326 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. 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 Vietnam Manufacturing and Export Processing (Holdings) and its competitors. For the Vehicles & Parts industry, the median Net Margin % is 3.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vietnam Manufacturing and Export Processing (Holdings)'s current Net Margin % is -0.26%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vietnam Manufacturing and Export Processing (Holdings) stock overvalued right now?
Based on GuruFocus' analysis, Vietnam Manufacturing and Export Processing (Holdings) (TPE:9110) is currently considered Significantly Undervalued. The stock's GF Value™ is NT$5.27, compared to a current price of NT$3.30 — trading 37.4% below its estimated fair value. The current Net Margin % is -0.26%. Vietnam Manufacturing and Export Processing (Holdings)'s overall GF Score™ is 54/100 with 3 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 Vietnam Manufacturing and Export Processing (Holdings) (TPE:9110), the current Net Margin % is -0.26% 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 Vietnam Manufacturing and Export Processing (Holdings) (TPE:9110) Overvalued in 2026?

Based on GuruFocus' analysis, Vietnam Manufacturing and Export Processing (Holdings) stock appears to be undervalued. The current stock price of NT$3.30 is trading 37.4% below its estimated GF Value™ of NT$5.27. GuruFocus considers Vietnam Manufacturing and Export Processing (Holdings) to be Significantly Undervalued.

Key valuation signals for TPE:9110:

  • Net Margin %: -0.26%
  • GF Value™: NT$5.27 vs. price of NT$3.30 (37.4% below fair value)
  • GF Score™: 54/100 with 3 warning signs

No single metric tells the full story. See the TPE:9110 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Vietnam Manufacturing and Export Processing (Holdings) Business Description

Other Exchanges 00422:Hong Kong
Address Section 5, Tam Hiep Ward, Dong Nai, Bien Hoa, VNM
Vietnam Manufacturing and Export Processing (Holdings) Ltd is engaged in manufacturing and sales of motorbikes, and related spare parts and engines. Its segments include Manufacturing and sale of motorbikes segment that includes motorbikes manufactured for the Vietnamese market and exports it to other countries including Malaysia, the Philippines, Thailand, Italy, Greece, United Arab Emirates and Singapore; and Manufacturing; and Sale of spare parts and engines segment manufactures engines for use in the group's motorbikes, while the group also exports engines to third parties. It manufactures parts for use in repair servicing and product assembly. Geographically, it operates in Vietnam, Malaysia, Philippines, United Arab Emirates, Greece, Thailand, Italy, Singapore, and Other Countries.
54GF Score

Get the complete analysis for TPE:9110

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

NT$3.30
Price
NT$5.27
GF Value