Bosideng International Holdings (FRA:3BD) Gross Margin %: 50.03% (As of Sep. 2025) — 11% Below Median


FRA:3BD Bosideng International Holdings Ltd FRA:3BD
69 GF Score
Price €0.44
GF Value €0.59
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Bosideng International Holdings Gross Margin %?

Bosideng International Holdings FRA:3BD +5.71% 69 Gross Margin % is 50.03% as of Sep. 2025, which is 11% below its 10-year median of 56.16. GuruFocus rates FRA:3BD with a GF Score™ of 69/100 and a GF Value™ of €0.59 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 1,026 Manufacturing - Apparel & Accessories companies, Bosideng International Holdings ranks better than 85.48% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Bosideng International Holdings's Gross Profit for the six months ended in Sep. 2025 was €534 Mil. Bosideng International Holdings's Revenue for the six months ended in Sep. 2025 was €1,068 Mil. Therefore, Bosideng International Holdings's Gross Margin % for the quarter that ended in Sep. 2025 was 50.03%.


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

FRA:3BD' s Gross Margin % Range Over the Past 10 Years
Min: 45.09   Med: 56.16   Max: 60.06
Current: 57.31


During the past 13 years, the highest Gross Margin % of Bosideng International Holdings was 60.06%. The lowest was 45.09%. And the median was 56.16%.

FRA:3BD's Gross Margin % is ranked better than
85.48% of 1026 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 28.51 vs FRA:3BD: 57.31

Bosideng International Holdings had a gross margin of 50.03% for the quarter that ended in Sep. 2025 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Bosideng International Holdings was 0.70% per year.


Bosideng International Holdings  (FRA:3BD) 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

Bosideng International Holdings had a gross margin of 50.03% for the quarter that ended in Sep. 2025 => Durable 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.


Bosideng International Holdings Gross Margin % Related Terms


Bosideng International Holdings Gross Margin % Historical Data

* Premium members only.

The historical data trend for Bosideng International Holdings'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.

Bosideng International Holdings Gross Margin % Chart

Bosideng International Holdings Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 60.06 59.47 59.59 57.29 57.22

Bosideng International Holdings Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 64.16 49.88 61.11 50.03 60.71

FRA:3BD vs RL, LEVI, VFC: Gross Margin % Comparison

For the Apparel Manufacturing subindustry, Bosideng International Holdings'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.


Bosideng International Holdings Gross Margin % vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Bosideng International Holdings's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Bosideng International Holdings's Gross Margin % falls into.


FRA:3BD
69GF Score
Bosideng International Holdings Ltd FRA:3BD
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Bosideng International Holdings Gross Margin % Calculation

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

Bosideng International Holdings'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 )
=1893.5 / 3305.02
=(Revenue - Cost of Goods Sold) / Revenue
=(3305.02 - 1411.476) / 3305.02
=57.29 %

Bosideng International Holdings'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 )
=534.2 / 1067.782
=(Revenue - Cost of Goods Sold) / Revenue
=(1067.782 - 533.546) / 1067.782
=50.03 %

* 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 50.03% mean?
Bosideng International Holdings (FRA:3BD) has a Gross Margin % of 50.03% as of Sep. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on Bosideng International Holdings and its competitors. This is 11% below median its historical median of 56.16. Over the past decade, Bosideng International Holdings' Gross Margin % has ranged from 45.09 to 60.06. According to the industry distribution chart, Bosideng International Holdings ranks #149 out of 1026 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 14.5%.
Is Bosideng International Holdings' Gross Margin % too high?
Bosideng International Holdings' current Gross Margin % of 50.03% is 11% below median its 10-year median of 56.16. Over the past 10 years, this metric has ranged from a low of 45.09 to a high of 60.06. The Manufacturing - Apparel & Accessories industry median Gross Margin % is 28.51. Bosideng International Holdings' value of 50.03% is 75.5% above this industry median. Based on the distribution chart, Bosideng International Holdings ranks #149 out of 1026 companies in the Manufacturing - Apparel & Accessories industry, which is in the top quartile — a strong position relative to peers. Overall, Bosideng International Holdings has a GF Score™ of 69/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Bosideng International Holdings' Gross Margin % compare to RL and LEVI?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Bosideng International Holdings ranks #149 out of 1026 companies for Gross Margin %. This places Bosideng International Holdings in the top 15% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 28.51. Bosideng International Holdings' value of 50.03% is 75.5% above this benchmark. Historically, Bosideng International Holdings' own Gross Margin % has ranged from 45.09 to 60.06 over the past decade. While the company's 10-year median is 56.16 vs. the industry median of 28.51, Bosideng International Holdings 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 Gross Margin % for a Manufacturing - Apparel & Accessories company?
The median Gross Margin % among Manufacturing - Apparel & Accessories companies is 28.51, based on 1,026 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. Bosideng International Holdings's current Gross Margin % of 50.03% is 75.5% 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 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 Bosideng International Holdings and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Gross Margin % is 28.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bosideng International Holdings's current Gross Margin % is 50.03%, which is 11% below median its own 10-year median of 56.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bosideng International Holdings stock overvalued right now?
Based on GuruFocus' analysis, Bosideng International Holdings (FRA:3BD) is currently considered Modestly Undervalued. The stock's GF Value™ is €0.59, compared to a current price of €0.44 — trading 24.7% below its estimated fair value. The current Gross Margin % is 50.03%, which is 11% below median its 10-year median of 56.16 and 75.5% above the Manufacturing - Apparel & Accessories industry median of 28.51. Bosideng International Holdings' overall GF Score™ is 69/100 with 2 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 Bosideng International Holdings (FRA:3BD), the current Gross Margin % is 50.03% 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 Bosideng International Holdings (FRA:3BD) Overvalued in 2026?

Based on GuruFocus' analysis, Bosideng International Holdings stock appears to be undervalued. The current stock price of €0.44 is trading 24.7% below its estimated GF Value™ of €0.59. GuruFocus considers Bosideng International Holdings to be Modestly Undervalued.

Key valuation signals for FRA:3BD:

  • Gross Margin %: 50.03% (11% below median its 10-year median of 56.16)
  • GF Value™: €0.59 vs. price of €0.44 (24.7% below fair value)
  • GF Score™: 69/100 with 2 warning signs
  • Industry Position: 75.5% above the Manufacturing - Apparel & Accessories median (#149 of 1026)

No single metric tells the full story. See the FRA:3BD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Bosideng International Holdings Business Description

Address 99 Queen’s Road Central, Unit 5709, 57th Floor, The Center, Central, Hong Kong, HKG
Bosideng is the largest down apparel firm in China. The company operates several brands with different market positionings. Among them, its namesake Bosideng brand targets the mid to high-end segment, Snow Flying serves the mass market, and Bogner caters to the luxury segment. The firm also owns over 30% stake in Moose Knuckle, a Canadian luxury brand. As of March 2025, Bosideng has 3,470 retail locations across China, including 1,524 self-operated stores. In addition to its core business, Bosideng distributes ladieswear and provides OEM services to other brands, leveraging its supply chain strength.
69GF Score

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

€0.44
Price
€0.59
GF Value