China Travel International Investment Hong Kong (OTCPK:CTVIF) 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
China Travel International Investment Hong Kong had a gross margin of 32.28% for the quarter that ended in Dec. 2025 => Competition eroding margins
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.
China Travel International Investment Hong Kong Gross Margin % Related Terms
China Travel International Investment Hong Kong Gross 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.
China Travel International Investment Hong Kong Gross Margin % Chart
China Travel International Investment Hong Kong Annual Data
* 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.
China Travel International Investment Hong Kong Gross Margin % vs Travel & Leisure Industry
* 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.
China Travel International Investment Hong Kong (CTVIF) has a Gross Margin % of 32.28% as of Dec. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on China Travel International Investment Hong Kong and its competitors. This is near median its historical median of 34.90. Over the past decade, China Travel International Investment Hong Kong's Gross Margin % has ranged from 3.85 to 44.57. According to the industry distribution chart, China Travel International Investment Hong Kong ranks #572 out of 793 companies in the Travel & Leisure industry, placing it in the top 72.1%.
Is China Travel International Investment Hong Kong's Gross Margin % too high?
China Travel International Investment Hong Kong's current Gross Margin % of 32.28% is near median its 10-year median of 34.90. Over the past 10 years, this metric has ranged from a low of 3.85 to a high of 44.57. The Travel & Leisure industry median Gross Margin % is 44.02. China Travel International Investment Hong Kong's value of 32.28% is 26.7% below this industry median. Based on the distribution chart, China Travel International Investment Hong Kong ranks #572 out of 793 companies in the Travel & Leisure industry, which is below the industry midpoint. Overall, China Travel International Investment Hong Kong has a GF Score™ of 48/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does China Travel International Investment Hong Kong's Gross Margin % compare to AS and HAS?
According to the Travel & Leisure industry distribution chart, China Travel International Investment Hong Kong ranks #572 out of 793 companies for Gross Margin %. This places China Travel International Investment Hong Kong in the lower half of its industry. The industry median Gross Margin % is 44.02. China Travel International Investment Hong Kong's value of 32.28% is 26.7% below this benchmark. Historically, China Travel International Investment Hong Kong's own Gross Margin % has ranged from 3.85 to 44.57 over the past decade. While the company's 10-year median is 34.90 vs. the industry median of 44.02, China Travel International Investment Hong Kong 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 Travel & Leisure company?
The median Gross Margin % among Travel & Leisure companies is 44.02, based on 793 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. China Travel International Investment Hong Kong's current Gross Margin % of 32.28% is 26.7% 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 China Travel International Investment Hong Kong and its competitors. For the Travel & Leisure industry, the median Gross Margin % is 44.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China Travel International Investment Hong Kong's current Gross Margin % is 32.28%, which is near median its own 10-year median of 34.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Travel International Investment Hong Kong stock overvalued right now?
Based on GuruFocus' analysis, China Travel International Investment Hong Kong (CTVIF) is currently considered Possible Value Trap. The stock's GF Value™ is $0.20, compared to a current price of $0.11 — trading 43.3% below its estimated fair value. The current Gross Margin % is 32.28%, which is near median its 10-year median of 34.90 and 26.7% below the Travel & Leisure industry median of 44.02. China Travel International Investment Hong Kong's overall GF Score™ is 48/100 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 China Travel International Investment Hong Kong (CTVIF), the current Gross Margin % is 32.28% as of Dec. 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 China Travel International Investment Hong Kong (CTVIF) Overvalued in 2026?
Based on GuruFocus' analysis, China Travel International Investment Hong Kong stock appears to be undervalued.
The current stock price of $0.11 is trading 43.3% below its estimated GF Value™ of $0.20.
GuruFocus considers China Travel International Investment Hong Kong to be Possible Value Trap.
Key valuation signals for CTVIF:
Gross Margin %: 32.28% (near median its 10-year median of 34.90)
GF Value™: $0.20 vs. price of $0.11 (43.3% below fair value)
Industry Position: 26.7% below the Travel & Leisure median (#572 of 793)
No single metric tells the full story. See the CTVIF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
China Travel International Investment Hong Kong Business Description
China Travel International Investment Hong Kong Ltd is a holding company focused on leisure investments. The company has four primary divisions: travel document and related operations, tourist attractions and related operations, hotel operations, and passenger transportation operations. The company derives revenue from its travel agency, tourist attraction, and hotel operations. Travel agency and related operations include the company's travel agency and travel document businesses. Tourist attraction operations, which comprise the majority portion of the company's revenue, include theme parks, resorts, and scenic destinations. Hotel operations include hotel accommodation, food, and beverage services. The company generates the vast majority of revenue in Hong Kong and mainland China.
48GF Score
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Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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