Hengyuan Refining Co BhdXKLS:4324 +1.98%59 Net Margin % is 11.36% as of Mar. 2026, which is 3957% above its 10-year median of 0.28. GuruFocus rates XKLS:4324 with a GF Score™ of 59/100 and a GF Value™ of RM1.19 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 916 Oil & Gas companies, Hengyuan Refining Co Bhd ranks worse than 52.29% on this metric.
The historical rank and industry rank for Hengyuan Refining Co Bhd's Net Margin % or its related term are showing as below:
XKLS:4324'
s Net Margin % Range Over the Past 10 Years
Min: -3.17 Med: 0.28 Max: 8.03
Current: 2.83
XKLS:4324's Net Margin % is ranked worse than 52.29% of 916
companies
in the Oil & Gas industry
Industry Median: 3.435
vs XKLS:4324: 2.83
Hengyuan Refining Co Bhd (XKLS:4324) 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.
Hengyuan Refining Co Bhd Net Margin % Related Terms
Hengyuan Refining Co Bhd Net Margin % Historical Data
* 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.
XKLS:4324 vs VLO, MPC, PSX: Net Margin % Comparison
For the Oil & Gas Refining & Marketing subindustry, Hengyuan Refining Co 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.
Hengyuan Refining Co Bhd Net Margin % vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Hengyuan Refining Co Bhd's Net Margin % distribution charts can be found below:
* The bar in red indicates where Hengyuan Refining Co Bhd'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.
Hengyuan Refining Co Bhd (XKLS:4324) has a Net Margin % of 11.36% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on Hengyuan Refining Co Bhd and its competitors. This is 3957% above median its historical median of 0.28. According to the industry distribution chart, Hengyuan Refining Co Bhd ranks #479 out of 916 companies in the Oil & Gas industry, placing it in the top 52.3%.
Is Hengyuan Refining Co Bhd's Net Margin % too high?
Hengyuan Refining Co Bhd's current Net Margin % of 11.36% is 3957% above median its 10-year median of 0.28. The Oil & Gas industry median Net Margin % is 3.44. Hengyuan Refining Co Bhd's value of 11.36% is 230.7% above this industry median. Based on the distribution chart, Hengyuan Refining Co Bhd ranks #479 out of 916 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, Hengyuan Refining Co Bhd has a GF Score™ of 59/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Hengyuan Refining Co Bhd's Net Margin % compare to VLO and MPC?
According to the Oil & Gas industry distribution chart, Hengyuan Refining Co Bhd ranks #479 out of 916 companies for Net Margin %. This places Hengyuan Refining Co Bhd in the lower half of its industry. The industry median Net Margin % is 3.44. Hengyuan Refining Co Bhd's value of 11.36% is 230.7% above this benchmark. While the company's 10-year median is 0.28 vs. the industry median of 3.44, Hengyuan Refining Co 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 an Oil & Gas company?
The median Net Margin % among Oil & Gas companies is 3.44, based on 916 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. Hengyuan Refining Co Bhd's current Net Margin % of 11.36% is 230.7% 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 Hengyuan Refining Co Bhd and its competitors. For the Oil & Gas industry, the median Net Margin % is 3.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hengyuan Refining Co Bhd's current Net Margin % is 11.36%, which is 3957% above median its own 10-year median of 0.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hengyuan Refining Co Bhd stock overvalued right now?
Based on GuruFocus' analysis, Hengyuan Refining Co Bhd (XKLS:4324) is currently considered Modestly Undervalued. The stock's GF Value™ is RM1.19, compared to a current price of RM1.03 — trading 13.4% below its estimated fair value. The current Net Margin % is 11.36%, which is 3957% above median its 10-year median of 0.28 and 230.7% above the Oil & Gas industry median of 3.44. Hengyuan Refining Co Bhd's overall GF Score™ is 59/100 with 2 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 Hengyuan Refining Co Bhd (XKLS:4324), the current Net Margin % is 11.36% 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 Hengyuan Refining Co Bhd (XKLS:4324) Overvalued in 2026?
Based on GuruFocus' analysis, Hengyuan Refining Co Bhd stock appears to be undervalued.
The current stock price of RM1.03 is trading 13.4% below its estimated GF Value™ of RM1.19.
GuruFocus considers Hengyuan Refining Co Bhd to be Modestly Undervalued.
Key valuation signals for XKLS:4324:
Net Margin %: 11.36% (3957% above median its 10-year median of 0.28)
GF Value™: RM1.19 vs. price of RM1.03 (13.4% below fair value)
Industry Position: 230.7% above the Oil & Gas median (#479 of 916)
No single metric tells the full story. See the XKLS:4324 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hengyuan Refining Co Bhd is engaged in the refining and manufacturing of petroleum products in Malaysia. The company's operating units in its refinery consist of two crude distillers, a long residue catalytic cracker, two naptha treaters and a merox plant, one kerosene Merox plant, one platformer, two hydro-processing units, a Hydrogen Manufacturing Unit (HMU) and a sulphur recovery unit. Its product portfolio consists of liquefied petroleum gas (LPG), gasoline, diesel, aviation fuel, fuel oil components, and chemical feedstocks like light naphtha and propylene.
59GF Score
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