Higoshipping Co (BJSE:920351) Gross Margin %: 9.19% (As of Mar. 2026) — Near Median

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BJSE:920351 Higoshipping Co Ltd BJSE:920351
70 GF Score
Price ¥11.44
GF Value ¥10.29
Valuation Modestly Overvalued
! 6 Warning Signs
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What is Higoshipping Co Gross Margin %?

Higoshipping Co BJSE:920351 70 Gross Margin % is 9.19% as of Mar. 2026, which is 8% above its 10-year median of 8.52. GuruFocus rates BJSE:920351 with a GF Score™ of 70/100 and a GF Value™ of ¥10.29 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 983 Transportation companies, Higoshipping Co ranks worse than 83.93% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Higoshipping Co's Gross Profit for the three months ended in Mar. 2026 was ¥35 Mil. Higoshipping Co's Revenue for the three months ended in Mar. 2026 was ¥376 Mil. Therefore, Higoshipping Co's Gross Margin % for the quarter that ended in Mar. 2026 was 9.19%.

Warning Sign:

Higoshipping Co Ltd gross margin has been in long-term decline. The average rate of decline per year is -1.6%.


The historical rank and industry rank for Higoshipping Co's Gross Margin % or its related term are showing as below:

BJSE:920351' s Gross Margin % Range Over the Past 10 Years
Min: 6.23   Med: 8.52   Max: 12.22
Current: 8.1


During the past 11 years, the highest Gross Margin % of Higoshipping Co was 12.22%. The lowest was 6.23%. And the median was 8.52%.

BJSE:920351's Gross Margin % is ranked worse than
83.93% of 983 companies
in the Transportation industry
Industry Median: 20.55 vs BJSE:920351: 8.10

Higoshipping Co had a gross margin of 9.19% for the quarter that ended in Mar. 2026 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Higoshipping Co was -1.60% per year.


Higoshipping Co  (BJSE:920351) 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

Higoshipping Co had a gross margin of 9.19% for the quarter that ended in Mar. 2026 => 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.


Higoshipping Co Gross Margin % Related Terms


Higoshipping Co Gross Margin % Historical Data

* Premium members only.

The historical data trend for Higoshipping Co'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.

Higoshipping Co Gross Margin % Chart

Higoshipping Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.33 6.73 7.74 6.23 7.97

Higoshipping Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 8.41 7.41 8.94 6.96 9.19

Higoshipping Co Gross Margin % Competitor Comparison

For the Marine Shipping subindustry, Higoshipping Co'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.


Higoshipping Co Gross Margin % vs Transportation Industry

For the Transportation industry and Industrials sector, Higoshipping Co's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Higoshipping Co's Gross Margin % falls into.


BJSE:920351
70GF Score
Higoshipping Co Ltd BJSE:920351
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Higoshipping Co Gross Margin % Calculation

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

Higoshipping Co's Gross Margin for the fiscal year that ended in Dec. 2025 is calculated as

Gross Margin % (A: Dec. 2025 )=Gross Profit (A: Dec. 2025 ) / Revenue (A: Dec. 2025 )
=154.6 / 1941.006
=(Revenue - Cost of Goods Sold) / Revenue
=(1941.006 - 1786.396) / 1941.006
=7.97 %

Higoshipping Co's Gross Margin for the quarter that ended in Mar. 2026 is calculated as


Gross Margin % (Q: Mar. 2026 )=Gross Profit (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=34.5 / 375.595
=(Revenue - Cost of Goods Sold) / Revenue
=(375.595 - 341.082) / 375.595
=9.19 %

* 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 9.19% mean?
Higoshipping Co (BJSE:920351) has a Gross Margin % of 9.19% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Higoshipping Co and its competitors. This is near median its historical median of 8.52. Over the past decade, Higoshipping Co's Gross Margin % has ranged from 6.23 to 12.22. According to the industry distribution chart, Higoshipping Co ranks #825 out of 983 companies in the Transportation industry, placing it in the top 83.9%.
Is Higoshipping Co's Gross Margin % too high?
Higoshipping Co's current Gross Margin % of 9.19% is near median its 10-year median of 8.52. Over the past 10 years, this metric has ranged from a low of 6.23 to a high of 12.22. The Transportation industry median Gross Margin % is 20.55. Higoshipping Co's value of 9.19% is 55.3% below this industry median. Based on the distribution chart, Higoshipping Co ranks #825 out of 983 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, Higoshipping Co has a GF Score™ of 70/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Higoshipping Co's Gross Margin % compare to competitors?
According to the Transportation industry distribution chart, Higoshipping Co ranks #825 out of 983 companies for Gross Margin %. This places Higoshipping Co in the lower half of its industry. The industry median Gross Margin % is 20.55. Higoshipping Co's value of 9.19% is 55.3% below this benchmark. Historically, Higoshipping Co's own Gross Margin % has ranged from 6.23 to 12.22 over the past decade. While the company's 10-year median is 8.52 vs. the industry median of 20.55, Higoshipping Co 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 a Transportation company?
The median Gross Margin % among Transportation companies is 20.55, based on 983 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. Higoshipping Co's current Gross Margin % of 9.19% is 55.3% 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 Higoshipping Co and its competitors. For the Transportation industry, the median Gross Margin % is 20.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Higoshipping Co's current Gross Margin % is 9.19%, which is near median its own 10-year median of 8.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Higoshipping Co stock overvalued right now?
Based on GuruFocus' analysis, Higoshipping Co (BJSE:920351) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥10.29, compared to a current price of ¥11.44 — trading 11.2% above its estimated fair value. The current Gross Margin % is 9.19%, which is near median its 10-year median of 8.52 and 55.3% below the Transportation industry median of 20.55. Higoshipping Co's overall GF Score™ is 70/100 with 6 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 Higoshipping Co (BJSE:920351), the current Gross Margin % is 9.19% 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 Higoshipping Co (BJSE:920351) Overvalued in 2026?

Based on GuruFocus' analysis, Higoshipping Co stock appears to be overvalued. The current stock price of ¥11.44 is trading 11.2% above its estimated GF Value™ of ¥10.29. GuruFocus considers Higoshipping Co to be Modestly Overvalued.

Key valuation signals for BJSE:920351:

  • Gross Margin %: 9.19% (near median its 10-year median of 8.52)
  • GF Value™: ¥10.29 vs. price of ¥11.44 (11.2% above fair value)
  • GF Score™: 70/100 with 6 warning signs
  • Industry Position: 55.3% below the Transportation median (#825 of 983)

No single metric tells the full story. See the BJSE:920351 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Higoshipping Co Business Description

Address Furong Middle Road, Room 1910, Xinshikong, No. 398, Section 3, Tianxin District, Hunan Province, Changsha City, CHN, 410007
Higoshipping Co Ltd is a logistics enterprise integrating domestic feeder container liner transportation, international shipping agency, international freight forwarder, and third-party logistics. The company's shipping lines mainly include river-sea container shipping from Changsha Port to Shanghai Outer Port, International freight forwarding, river-ocean combined transport container liner transport, and road transport on the feeder line of the Yangtze River.
70GF Score

Get the complete analysis for BJSE:920351

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

¥11.44
Price
¥10.29
GF Value