Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
HKSE:01939'
s FCF Margin % Range Over the Past 10 Years
Min: -135.9 Med: -5.32 Max: 63.9
Current: 22.27
During the past 11 years, the highest FCF Margin % of Shangshan Gold International Holdings was 63.90%. The lowest was -135.90%. And the median was -5.32%.
HKSE:01939's FCF Margin % is ranked better than 94.77% of 1129
companies
in the Retail - Cyclical industry
Industry Median: 3.06
vs HKSE:01939: 22.27
* 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.
Shangshan Gold International Holdings FCF Margin % Chart
HKSE:01939 vs CASY, WSM, ULTA: FCF Margin % Comparison
For the Specialty Retail subindustry, Shangshan Gold International Holdings's FCF Margin %, along with its competitors' market caps and FCF 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.
Shangshan Gold International Holdings FCF Margin % vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Shangshan Gold International Holdings's FCF Margin % distribution charts can be found below:
* The bar in red indicates where Shangshan Gold International Holdings's FCF 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.
Shangshan Gold International Holdings (HKSE:01939) has a FCF Margin % of -6.57% as of Sep. 2025. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on Shangshan Gold International Holdings and its competitors. According to the industry distribution chart, Shangshan Gold International Holdings ranks #59 out of 1129 companies in the Retail - Cyclical industry, placing it in the top 5.2%.
Is Shangshan Gold International Holdings' FCF Margin % too high?
Shangshan Gold International Holdings' current FCF Margin % is -6.57%. Based on the distribution chart, Shangshan Gold International Holdings ranks #59 out of 1129 companies in the Retail - Cyclical industry, which is in the top quartile — a strong position relative to peers. Overall, Shangshan Gold International Holdings has a GF Score™ of 54/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Shangshan Gold International Holdings' FCF Margin % compare to CASY and WSM?
According to the Retail - Cyclical industry distribution chart, Shangshan Gold International Holdings ranks #59 out of 1129 companies for FCF Margin %. This places Shangshan Gold International Holdings in the top 5% of its industry — outperforming the majority of peers. The industry median FCF Margin % is 3.06. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good FCF Margin % for a Retail - Cyclical company?
The median FCF Margin % among Retail - Cyclical companies is 3.06, based on 1,129 companies in the industry. Companies in the top quartile (top 25%) have a FCF Margin % significantly above this median, while those in the bottom quartile fall well below. However, FCF 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 FCF Margin % mean?
A high FCF Margin % can signal that a stock is expensive relative to its fundamentals. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on Shangshan Gold International Holdings and its competitors. For the Retail - Cyclical industry, the median FCF Margin % is 3.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shangshan Gold International Holdings's current FCF Margin % is -6.57%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shangshan Gold International Holdings stock overvalued right now?
Based on GuruFocus' analysis, Shangshan Gold International Holdings (HKSE:01939) is currently considered Possible Value Trap. The stock's GF Value™ is HK$1.15, compared to a current price of HK$0.40 — trading 65.7% below its estimated fair value. The current FCF Margin % is -6.57%. Shangshan Gold International Holdings' overall GF Score™ is 54/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is FCF Margin % calculated?
FCF Margin % is calculated from a company's financial statements. For Shangshan Gold International Holdings (HKSE:01939), the current FCF Margin % is -6.57% as of Sep. 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 Shangshan Gold International Holdings (HKSE:01939) Overvalued in 2026?
Based on GuruFocus' analysis, Shangshan Gold International Holdings stock appears to be undervalued.
The current stock price of HK$0.40 is trading 65.7% below its estimated GF Value™ of HK$1.15.
GuruFocus considers Shangshan Gold International Holdings to be Possible Value Trap.
Key valuation signals for HKSE:01939:
FCF Margin %: -6.57%
GF Value™: HK$1.15 vs. price of HK$0.40 (65.7% below fair value)
No single metric tells the full story. See the HKSE:01939 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shangshan Gold International Holdings Ltd Formerly Tokyo Chuo Auction Holdings Ltd is an investment holding company. The company's operating segment includes the Operation of art auction and related business and Artwork sales. The company is in auctioneering a wide variety of artworks with emphasis on Chinese and Japanese artworks, including Chinese paintings and calligraphies, Chinese antiques and Japanese and Chinese teawares. It generates maximum revenue from the Operation of art auction and related business and Artwork sales segment. Geographically, it derives a majority of revenue from Japan.
54GF Score
Get the complete analysis for HKSE:01939
FCF Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
HKSE:01939 has been successfully added to your 
