Lonking Holdings (FRA:C9IB) Gross Margin %: 22.46% (As of Dec. 2025) — Near Median


FRA:C9IB Lonking Holdings Ltd FRA:C9IB
55 GF Score
Price €0.28
GF Value €0.18
Valuation Significantly Overvalued
! 1 Warning Sign
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What is Lonking Holdings Gross Margin %?

Lonking Holdings FRA:C9IB 55 Gross Margin % is 22.46% as of Dec. 2025, which is 1% above its 10-year median of 22.17. GuruFocus rates FRA:C9IB with a GF Score™ of 55/100 and a GF Value™ of €0.18 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 210 Farm & Heavy Construction Machinery companies, Lonking Holdings ranks worse than 69.05% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Lonking Holdings's Gross Profit for the six months ended in Dec. 2025 was €153 Mil. Lonking Holdings's Revenue for the six months ended in Dec. 2025 was €681 Mil. Therefore, Lonking Holdings's Gross Margin % for the quarter that ended in Dec. 2025 was 22.46%.


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

FRA:C9IB' s Gross Margin % Range Over the Past 10 Years
Min: 16.74   Med: 22.17   Max: 26.59
Current: 21.38


During the past 13 years, the highest Gross Margin % of Lonking Holdings was 26.59%. The lowest was 16.74%. And the median was 22.17%.

FRA:C9IB's Gross Margin % is ranked worse than
69.05% of 210 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 25.66 vs FRA:C9IB: 21.38

Lonking Holdings had a gross margin of 22.46% for the quarter that ended in Dec. 2025 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Lonking Holdings was -0.40% per year.


Lonking Holdings  (FRA:C9IB) 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

Lonking Holdings had a gross margin of 22.46% 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.


Lonking Holdings Gross Margin % Related Terms


Lonking Holdings Gross Margin % Historical Data

* Premium members only.

The historical data trend for Lonking 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.

Lonking Holdings Gross Margin % Chart

Lonking Holdings 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 17.95 16.74 17.53 19.56 21.37

Lonking Holdings Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 18.77 18.46 20.78 20.28 22.46

FRA:C9IB vs CAT, DE, PCAR: Gross Margin % Comparison

For the Farm & Heavy Construction Machinery subindustry, Lonking 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.


Lonking Holdings Gross Margin % vs Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Lonking Holdings's Gross Margin % distribution charts can be found below:

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


FRA:C9IB
55GF Score
Lonking Holdings Ltd FRA:C9IB
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Lonking Holdings Gross Margin % Calculation

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

Lonking Holdings'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 )
=290.6 / 1359.86
=(Revenue - Cost of Goods Sold) / Revenue
=(1359.86 - 1069.256) / 1359.86
=21.37 %

Lonking Holdings's Gross Margin for the quarter that ended in Dec. 2025 is calculated as


Gross Margin % (Q: Dec. 2025 )=Gross Profit (Q: Dec. 2025 ) / Revenue (Q: Dec. 2025 )
=153 / 681.328
=(Revenue - Cost of Goods Sold) / Revenue
=(681.328 - 528.315) / 681.328
=22.46 %

* 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 22.46% mean?
Lonking Holdings (FRA:C9IB) has a Gross Margin % of 22.46% as of Dec. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on Lonking Holdings and its competitors. This is near median its historical median of 22.17. Over the past decade, Lonking Holdings' Gross Margin % has ranged from 16.74 to 26.59. According to the industry distribution chart, Lonking Holdings ranks #145 out of 210 companies in the Farm & Heavy Construction Machinery industry, placing it in the top 69%.
Is Lonking Holdings' Gross Margin % too high?
Lonking Holdings' current Gross Margin % of 22.46% is near median its 10-year median of 22.17. Over the past 10 years, this metric has ranged from a low of 16.74 to a high of 26.59. The Farm & Heavy Construction Machinery industry median Gross Margin % is 25.66. Lonking Holdings' value of 22.46% is 12.5% below this industry median. Based on the distribution chart, Lonking Holdings ranks #145 out of 210 companies in the Farm & Heavy Construction Machinery industry, which is below the industry midpoint. Overall, Lonking Holdings has a GF Score™ of 55/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Lonking Holdings' Gross Margin % compare to CAT and DE?
According to the Farm & Heavy Construction Machinery industry distribution chart, Lonking Holdings ranks #145 out of 210 companies for Gross Margin %. This places Lonking Holdings in the lower half of its industry. The industry median Gross Margin % is 25.66. Lonking Holdings' value of 22.46% is 12.5% below this benchmark. Historically, Lonking Holdings' own Gross Margin % has ranged from 16.74 to 26.59 over the past decade. While the company's 10-year median is 22.17 vs. the industry median of 25.66, Lonking Holdings 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 Farm & Heavy Construction Machinery company?
The median Gross Margin % among Farm & Heavy Construction Machinery companies is 25.66, based on 210 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. Lonking Holdings's current Gross Margin % of 22.46% is 12.5% 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 Lonking Holdings and its competitors. For the Farm & Heavy Construction Machinery industry, the median Gross Margin % is 25.66 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lonking Holdings's current Gross Margin % is 22.46%, which is near median its own 10-year median of 22.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lonking Holdings stock overvalued right now?
Based on GuruFocus' analysis, Lonking Holdings (FRA:C9IB) is currently considered Significantly Overvalued. The stock's GF Value™ is €0.18, compared to a current price of €0.28 — trading 53.3% above its estimated fair value. The current Gross Margin % is 22.46%, which is near median its 10-year median of 22.17 and 12.5% below the Farm & Heavy Construction Machinery industry median of 25.66. Lonking Holdings' overall GF Score™ is 55/100 with 1 warning sign 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 Lonking Holdings (FRA:C9IB), the current Gross Margin % is 22.46% 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 Lonking Holdings (FRA:C9IB) Overvalued in 2026?

Based on GuruFocus' analysis, Lonking Holdings stock appears to be overvalued. The current stock price of €0.28 is trading 53.3% above its estimated GF Value™ of €0.18. GuruFocus considers Lonking Holdings to be Significantly Overvalued.

Key valuation signals for FRA:C9IB:

  • Gross Margin %: 22.46% (near median its 10-year median of 22.17)
  • GF Value™: €0.18 vs. price of €0.28 (53.3% above fair value)
  • GF Score™: 55/100 with 1 warning sign
  • Industry Position: 12.5% below the Farm & Heavy Construction Machinery median (#145 of 210)

No single metric tells the full story. See the FRA:C9IB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Lonking Holdings Business Description

Other Exchanges 03339:Hong Kong
Address No. 26 Mingyi Road, Xinqiao, Songjiang Industrial, Shanghai, CHN, 201612
Lonking Holdings Ltd is a construction and logistics machinery manufacturer in China. It produces wheel loaders, excavators, road rollers, forklifts, and other heavy equipment. In addition, the company supplies individual components, including gearboxes, converters, axles, and hydraulic components. The company has three operating segments: Sale of construction machinery, which generates the majority of the revenue, Finance lease of construction machinery, and Financial investment. The majority of sales are derived from China.
55GF Score

Get the complete analysis for FRA:C9IB

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

€0.28
Price
€0.18
GF Value