Ray Go Solar Holdings Bhd (XKLS:03052) Net Margin %: 5.18% (As of Apr. 2026) — 18% Above Median


XKLS:03052 Ray Go Solar Holdings Bhd XKLS:03052
43 GF Score
Price RM0.17
GF Value RM0.24
! 7 Warning Signs
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What is Ray Go Solar Holdings Bhd Net Margin %?

Ray Go Solar Holdings Bhd XKLS:03052 43 Net Margin % is 5.18% as of Apr. 2026, which is 18% above its 10-year median of 4.39. GuruFocus rates XKLS:03052 with a GF Score™ of 43/100 and a GF Value™ of RM0.24. The stock has 7 warning signs investors should review.

Net margin is calculated as Net Income divided by its Revenue. Ray Go Solar Holdings Bhd's Net Income for the six months ended in Apr. 2026 was RM0.70 Mil. Ray Go Solar Holdings Bhd's Revenue for the six months ended in Apr. 2026 was RM13.44 Mil. Therefore, Ray Go Solar Holdings Bhd's net margin for the quarter that ended in Apr. 2026 was 5.18%.

The historical rank and industry rank for Ray Go Solar Holdings Bhd's Net Margin % or its related term are showing as below:

XKLS:03052' s Net Margin % Range Over the Past 10 Years
Min: -24.3   Med: 4.39   Max: 11.14
Current: 3.21


XKLS:03052's Net Margin % is not ranked
in the Semiconductors industry.
Industry Median: 4.17 vs XKLS:03052: 3.21

Ray Go Solar Holdings Bhd  (XKLS:03052) 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.


Ray Go Solar Holdings Bhd Net Margin % Related Terms


Ray Go Solar Holdings Bhd Net Margin % Historical Data

* Premium members only.

The historical data trend for Ray Go Solar Holdings Bhd'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.

Ray Go Solar Holdings Bhd Net Margin % Chart

Ray Go Solar Holdings Bhd Annual Data
Trend Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
Net Margin %
Get a 7-Day Free Trial 11.14 -24.30 -0.39 4.39 2.12

Ray Go Solar Holdings Bhd Semi-Annual Data
Oct19 Oct20 Apr22 Oct22 Apr23 Oct23 Apr24 Oct24 Apr25 Oct25 Apr26
Net Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 4.31 4.46 2.49 1.96 5.18

XKLS:03052 vs FSLR, NXT, ENPH: Net Margin % Comparison

For the Solar subindustry, Ray Go Solar Holdings Bhd'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.


Ray Go Solar Holdings Bhd Net Margin % vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Ray Go Solar Holdings Bhd's Net Margin % distribution charts can be found below:

* The bar in red indicates where Ray Go Solar Holdings Bhd's Net Margin % falls into.


XKLS:03052
43GF Score
Ray Go Solar Holdings Bhd XKLS:03052
Net Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Ray Go Solar Holdings Bhd 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.

Ray Go Solar Holdings Bhd's Net Margin for the fiscal year that ended in Oct. 2025 is calculated as

Net Margin=Net Income (A: Oct. 2025 )/Revenue (A: Oct. 2025 )
=0.652/30.686
=2.12 %

Ray Go Solar Holdings Bhd's Net Margin for the quarter that ended in Apr. 2026 is calculated as

Net Margin=Net Income (Q: Apr. 2026 )/Revenue (Q: Apr. 2026 )
=0.696/13.444
=5.18 %

* 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 5.18% mean?
Ray Go Solar Holdings Bhd (XKLS:03052) has a Net Margin % of 5.18% as of Apr. 2026. Net margin is the ratio of total net income to net sales. View historical data on Ray Go Solar Holdings Bhd and its competitors. This is 18% above median its historical median of 4.39.
Is Ray Go Solar Holdings Bhd's Net Margin % too high?
Ray Go Solar Holdings Bhd's current Net Margin % of 5.18% is 18% above median its 10-year median of 4.39. The Semiconductors industry median Net Margin % is 4.17. Ray Go Solar Holdings Bhd's value of 5.18% is 24.2% above this industry median. Overall, Ray Go Solar Holdings Bhd has a GF Score™ of 43/100, reflecting its overall financial health beyond just this single metric.
How does Ray Go Solar Holdings Bhd's Net Margin % compare to FSLR and NXT?
Ray Go Solar Holdings Bhd's Net Margin % of 5.18% can be compared against companies in the Semiconductors industry. The industry median Net Margin % is 4.17. Ray Go Solar Holdings Bhd's value of 5.18% is 24.2% above this benchmark. While the company's 10-year median is 4.39 vs. the industry median of 4.17, Ray Go Solar Holdings Bhd 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 Semiconductors company?
The median Net Margin % among Semiconductors companies is 4.17, based on 1,021 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. Ray Go Solar Holdings Bhd's current Net Margin % of 5.18% is 24.2% 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 Ray Go Solar Holdings Bhd and its competitors. For the Semiconductors industry, the median Net Margin % is 4.17 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ray Go Solar Holdings Bhd's current Net Margin % is 5.18%, which is 18% above median its own 10-year median of 4.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ray Go Solar Holdings Bhd stock overvalued right now?
Ray Go Solar Holdings Bhd (XKLS:03052) has a current Net Margin % of 5.18%. The stock's GF Value™ is RM0.24, compared to a current price of RM0.17 — trading 29.2% below its estimated fair value. The current Net Margin % is 5.18%, which is 18% above median its 10-year median of 4.39 and 24.2% above the Semiconductors industry median of 4.17. Ray Go Solar Holdings Bhd's overall GF Score™ is 43/100 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 Ray Go Solar Holdings Bhd (XKLS:03052), the current Net Margin % is 5.18% as of Apr. 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 Ray Go Solar Holdings Bhd (XKLS:03052) Overvalued in 2026?

Based on GuruFocus' analysis, Ray Go Solar Holdings Bhd stock appears to be undervalued. The current stock price of RM0.17 is trading 29.2% below its estimated GF Value™ of RM0.24.

Key valuation signals for XKLS:03052:

  • Net Margin %: 5.18% (18% above median its 10-year median of 4.39)
  • GF Value™: RM0.24 vs. price of RM0.17 (29.2% below fair value)
  • GF Score™: 43/100 with 7 warning signs
  • Industry Position: 24.2% above the Semiconductors median

No single metric tells the full story. See the XKLS:03052 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ray Go Solar Holdings Bhd Business Description

Address No. 44, Jalan Serendah 26/39, Hicom Industrial Estate, Shah Alam, SGR, MYS, 40400
Ray Go Solar Holdings Bhd is a solar engineering procurement construction (EPC) company providing integrated solar services throughout the entire process of installing a photovoltaic (PV) system. Its business segments include Sales of energy generated from solar projects; and Engineering, Procurement, Construction, and Commissions (EPCC) in solar projects; and operations and maintenance for solar projects. Maximum revenue for the company is derived from its EPCC segment. Geographically, it operates only in Malaysia.
43GF Score

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

RM0.17
Price
RM0.24
GF Value