What is China Resources Beer (Holdings) Co Gross Margin %?
China Resources Beer (Holdings) CoFRA:CHK +1.82%91 Gross Margin % is 33.16% as of Dec. 2025, which is 14% below its 10-year median of 38.43. GuruFocus rates FRA:CHK with a GF Score™ of 91/100 and a GF Value™ of €3.27 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 205 Beverages - Alcoholic companies, China Resources Beer (Holdings) Co ranks better than 53.66% on this metric.
China Resources Beer (Holdings) Co (FRA:CHK) 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 Resources Beer (Holdings) Co had a gross margin of 33.16% 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 Resources Beer (Holdings) Co Gross Margin % Related Terms
China Resources Beer (Holdings) Co 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 Resources Beer (Holdings) Co Gross Margin % Chart
FRA:CHK vs BUD, STZ, TAP: Gross Margin % Comparison
For the Beverages - Brewers subindustry, China Resources Beer (Holdings) 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.
China Resources Beer (Holdings) Co Gross Margin % vs Beverages - Alcoholic Industry
For the Beverages - Alcoholic industry and Consumer Defensive sector, China Resources Beer (Holdings) Co's Gross Margin % distribution charts can be found below:
* The bar in red indicates where China Resources Beer (Holdings) Co's Gross Margin % falls into.
* 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 Resources Beer (Holdings) Co (FRA:CHK) has a Gross Margin % of 33.16% as of Dec. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on China Resources Beer (Holdings) Co and its competitors. This is 14% below median its historical median of 38.43. Over the past decade, China Resources Beer (Holdings) Co's Gross Margin % has ranged from 33.71 to 43.07. According to the industry distribution chart, China Resources Beer (Holdings) Co ranks #95 out of 205 companies in the Beverages - Alcoholic industry, placing it in the top 46.3%.
Is China Resources Beer (Holdings) Co's Gross Margin % too high?
China Resources Beer (Holdings) Co's current Gross Margin % of 33.16% is 14% below median its 10-year median of 38.43. Over the past 10 years, this metric has ranged from a low of 33.71 to a high of 43.07. The Beverages - Alcoholic industry median Gross Margin % is 42.20. China Resources Beer (Holdings) Co's value of 33.16% is 21.4% below this industry median. Based on the distribution chart, China Resources Beer (Holdings) Co ranks #95 out of 205 companies in the Beverages - Alcoholic industry, which is above the industry midpoint. Overall, China Resources Beer (Holdings) Co has a GF Score™ of 91/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does China Resources Beer (Holdings) Co's Gross Margin % compare to BUD and STZ?
According to the Beverages - Alcoholic industry distribution chart, China Resources Beer (Holdings) Co ranks #95 out of 205 companies for Gross Margin %. This puts China Resources Beer (Holdings) Co in the upper half of its industry. The industry median Gross Margin % is 42.20. China Resources Beer (Holdings) Co's value of 33.16% is 21.4% below this benchmark. Historically, China Resources Beer (Holdings) Co's own Gross Margin % has ranged from 33.71 to 43.07 over the past decade. While the company's 10-year median is 38.43 vs. the industry median of 42.20, China Resources Beer (Holdings) 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 Beverages - Alcoholic company?
The median Gross Margin % among Beverages - Alcoholic companies is 42.20, based on 205 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 Resources Beer (Holdings) Co's current Gross Margin % of 33.16% is 21.4% 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 Resources Beer (Holdings) Co and its competitors. For the Beverages - Alcoholic industry, the median Gross Margin % is 42.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China Resources Beer (Holdings) Co's current Gross Margin % is 33.16%, which is 14% below median its own 10-year median of 38.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Resources Beer (Holdings) Co stock overvalued right now?
Based on GuruFocus' analysis, China Resources Beer (Holdings) Co (FRA:CHK) is currently considered Modestly Undervalued. The stock's GF Value™ is €3.27, compared to a current price of €2.46 — trading 24.9% below its estimated fair value. The current Gross Margin % is 33.16%, which is 14% below median its 10-year median of 38.43 and 21.4% below the Beverages - Alcoholic industry median of 42.20. China Resources Beer (Holdings) Co's overall GF Score™ is 91/100 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 China Resources Beer (Holdings) Co (FRA:CHK), the current Gross Margin % is 33.16% 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 Resources Beer (Holdings) Co (FRA:CHK) Overvalued in 2026?
Based on GuruFocus' analysis, China Resources Beer (Holdings) Co stock appears to be undervalued.
The current stock price of €2.46 is trading 24.9% below its estimated GF Value™ of €3.27.
GuruFocus considers China Resources Beer (Holdings) Co to be Modestly Undervalued.
Key valuation signals for FRA:CHK:
Gross Margin %: 33.16% (14% below median its 10-year median of 38.43)
GF Value™: €3.27 vs. price of €2.46 (24.9% below fair value)
Industry Position: 21.4% below the Beverages - Alcoholic median (#95 of 205)
No single metric tells the full story. See the FRA:CHK stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
China Resources Beer (Holdings) Co Business Description
China Resources Beer, or CR Beer, was originally a conglomerate enterprise with operations across retail, beer, food, and beverage industries. In September 2015, the company disposed of all its non-beer businesses and became a pure beer producer. Through a series of mergers and acquisitions, the company achieved its leadership position in China's beer industry. Amid the premiumization trend in the domestic beer market, CR Beer acquired Heineken China in 2019, which allows CR Beer access to a premium international beer brand and also leverages its sophisticated distribution network to grow Heineken's sales and market share. CR Beer is now China's largest brewer, with a volume share of about 26%, versus 15% of Tsingtao and 19% of Budweiser APAC, based on Euromonitor data.
91GF Score
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