ASASF (Asia Standard International Group) Gross Margin %: 17.94% (As of Sep. 2025) — 80% Below Median


ASASF Asia Standard International Group Ltd ASASF
43 GF Score
Price $0.03
GF Value $0.19
! 4 Warning Signs
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What is Asia Standard International Group Gross Margin %?

Asia Standard International Group ASASF 43 Gross Margin % is 17.94% as of Sep. 2025, which is 80% below its 10-year median of 88.35. GuruFocus rates ASASF with a GF Score™ of 43/100 and a GF Value™ of $0.19. The stock has 4 warning signs investors should review. Among 553 Asset Management companies, Asia Standard International Group ranks worse than 76.49% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Asia Standard International Group's Gross Profit for the six months ended in Sep. 2025 was $123.1 Mil. Asia Standard International Group's Revenue for the six months ended in Sep. 2025 was $686.0 Mil. Therefore, Asia Standard International Group's Gross Margin % for the quarter that ended in Sep. 2025 was 17.94%.

Warning Sign:

Asia Standard International Group Ltd gross margin has been in long-term decline. The average rate of decline per year is -5.3%.


The historical rank and industry rank for Asia Standard International Group's Gross Margin % or its related term are showing as below:

ASASF' s Gross Margin % Range Over the Past 10 Years
Min: 25.74   Med: 88.35   Max: 97.33
Current: 25.74


During the past 13 years, the highest Gross Margin % of Asia Standard International Group was 97.33%. The lowest was 25.74%. And the median was 88.35%.

ASASF's Gross Margin % is ranked worse than
76.49% of 553 companies
in the Asset Management industry
Industry Median: 58.4 vs ASASF: 25.74

Asia Standard International Group had a gross margin of 17.94% for the quarter that ended in Sep. 2025 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Asia Standard International Group was -5.30% per year.


Asia Standard International Group  (OTCPK:ASASF) Gross Margin % Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Asia Standard International Group had a gross margin of 17.94% for the quarter that ended in Sep. 2025 => No sustainable competitive advantage


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


Asia Standard International Group Gross Margin % Related Terms


Asia Standard International Group Gross Margin % Historical Data

* Premium members only.

The historical data trend for Asia Standard International Group's Gross 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.

Asia Standard International Group Gross Margin % Chart

Asia Standard International Group Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 97.33 96.70 94.91 91.19 63.99

Asia Standard International Group Semi-Annual Data
Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25
Gross 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 91.51 90.85 57.59 76.27 17.94

ASASF vs BLK, BX, KKR: Gross Margin % Comparison

For the Asset Management subindustry, Asia Standard International Group's Gross Margin %, along with its competitors' market caps and Gross 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.


Asia Standard International Group Gross Margin % vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Asia Standard International Group's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Asia Standard International Group's Gross Margin % falls into.


ASASF
43GF Score
Asia Standard International Group Ltd ASASF
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Asia Standard International Group Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

Asia Standard International Group's Gross Margin for the fiscal year that ended in Mar. 2025 is calculated as

Gross Margin % (A: Mar. 2025 )=Gross Profit (A: Mar. 2025 ) / Revenue (A: Mar. 2025 )
=198.2 / 309.712
=(Revenue - Cost of Goods Sold) / Revenue
=(309.712 - 111.537) / 309.712
=63.99 %

Asia Standard International Group's Gross Margin for the quarter that ended in Sep. 2025 is calculated as


Gross Margin % (Q: Sep. 2025 )=Gross Profit (Q: Sep. 2025 ) / Revenue (Q: Sep. 2025 )
=123.1 / 685.95
=(Revenue - Cost of Goods Sold) / Revenue
=(685.95 - 562.9) / 685.95
=17.94 %

* 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.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.

Frequently Asked Questions Learn more about Gross Margin % →
What does a Gross Margin % of 17.94% mean?
Asia Standard International Group (ASASF) has a Gross Margin % of 17.94% as of Sep. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on Asia Standard International Group and its competitors. This is 80% below median its historical median of 88.35. Over the past decade, Asia Standard International Group's Gross Margin % has ranged from 25.74 to 97.33. According to the industry distribution chart, Asia Standard International Group ranks #423 out of 553 companies in the Asset Management industry, placing it in the top 76.5%.
Is Asia Standard International Group's Gross Margin % too high?
Asia Standard International Group's current Gross Margin % of 17.94% is 80% below median its 10-year median of 88.35. Over the past 10 years, this metric has ranged from a low of 25.74 to a high of 97.33. The Asset Management industry median Gross Margin % is 58.40. Asia Standard International Group's value of 17.94% is 69.3% below this industry median. Based on the distribution chart, Asia Standard International Group ranks #423 out of 553 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, Asia Standard International Group has a GF Score™ of 43/100, reflecting its overall financial health beyond just this single metric.
How does Asia Standard International Group's Gross Margin % compare to BLK and BX?
According to the Asset Management industry distribution chart, Asia Standard International Group ranks #423 out of 553 companies for Gross Margin %. This places Asia Standard International Group in the lower half of its industry. The industry median Gross Margin % is 58.40. Asia Standard International Group's value of 17.94% is 69.3% below this benchmark. Historically, Asia Standard International Group's own Gross Margin % has ranged from 25.74 to 97.33 over the past decade. While the company's 10-year median is 88.35 vs. the industry median of 58.40, Asia Standard International Group has consistently been below 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 Gross Margin % for an Asset Management company?
The median Gross Margin % among Asset Management companies is 58.40, based on 553 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Asia Standard International Group's current Gross Margin % of 17.94% is 69.3% below 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 Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on Asia Standard International Group and its competitors. For the Asset Management industry, the median Gross Margin % is 58.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Asia Standard International Group's current Gross Margin % is 17.94%, which is 80% below median its own 10-year median of 88.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asia Standard International Group stock overvalued right now?
Asia Standard International Group (ASASF) has a current Gross Margin % of 17.94%. The stock's GF Value™ is $0.19, compared to a current price of $0.03 — trading 84.8% below its estimated fair value. The current Gross Margin % is 17.94%, which is 80% below median its 10-year median of 88.35 and 69.3% below the Asset Management industry median of 58.40. Asia Standard International Group's overall GF Score™ is 43/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For Asia Standard International Group (ASASF), the current Gross Margin % is 17.94% 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 Asia Standard International Group (ASASF) Overvalued in 2026?

Based on GuruFocus' analysis, Asia Standard International Group stock appears to be undervalued. The current stock price of $0.03 is trading 84.8% below its estimated GF Value™ of $0.19.

Key valuation signals for ASASF:

  • Gross Margin %: 17.94% (80% below median its 10-year median of 88.35)
  • GF Value™: $0.19 vs. price of $0.03 (84.8% below fair value)
  • GF Score™: 43/100 with 4 warning signs
  • Industry Position: 69.3% below the Asset Management median (#423 of 553)

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


Asia Standard International Group Business Description

Other Exchanges 00129:Hong KongBDL1:Germany
Address 33 Lockhart Road, 30th Floor, YF Life Tower, Wanchai, Hong Kong, HKG
Asia Standard International Group Ltd is an investment holding company. The company is principally engaged in developing and investing properties in location in Hong Kong, first-tier cities in China and Vancouver, Canada, and has established a well diversified business model across four main operating segments - property sales, property leasing, hotel operation and financial investments. The majority of its revenue is derived from the Financial Investments segment.
43GF Score

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

$0.03
Price
$0.19
GF Value