Great China Holdings (Hong Kong) (HKSE:00021) Gross Margin %: 14.51% (As of Dec. 2025) — 54% Below Median

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What is Great China Holdings (Hong Kong) Gross Margin %?

Great China Holdings (Hong Kong) HKSE:00021 -1.23% Gross Margin % is 14.51% as of Dec. 2025, which is 54% below its 10-year median of 31.28. The stock has 8 warning signs investors should review. Among 1,639 Real Estate companies, Great China Holdings (Hong Kong) ranks worse than 74.5% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Great China Holdings (Hong Kong)'s Gross Profit for the six months ended in Dec. 2025 was HK$5.02 Mil. Great China Holdings (Hong Kong)'s Revenue for the six months ended in Dec. 2025 was HK$34.60 Mil. Therefore, Great China Holdings (Hong Kong)'s Gross Margin % for the quarter that ended in Dec. 2025 was 14.51%.

Warning Sign:

Great China Holdings (Hong Kong) Ltd gross margin has been in long-term decline. The average rate of decline per year is -9.6%.


The historical rank and industry rank for Great China Holdings (Hong Kong)'s Gross Margin % or its related term are showing as below:

HKSE:00021' s Gross Margin % Range Over the Past 10 Years
Min: 13.04   Med: 31.28   Max: 51.19
Current: 20.63


During the past 13 years, the highest Gross Margin % of Great China Holdings (Hong Kong) was 51.19%. The lowest was 13.04%. And the median was 31.28%.

HKSE:00021's Gross Margin % is ranked worse than
74.5% of 1639 companies
in the Real Estate industry
Industry Median: 36.47 vs HKSE:00021: 20.63

Great China Holdings (Hong Kong) had a gross margin of 14.51% for the quarter that ended in Dec. 2025 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Great China Holdings (Hong Kong) was -9.60% per year.


Great China Holdings (Hong Kong)  (HKSE:00021) 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

Great China Holdings (Hong Kong) had a gross margin of 14.51% for the quarter that ended in Dec. 2025 => 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.


Great China Holdings (Hong Kong) Gross Margin % Related Terms


Great China Holdings (Hong Kong) Gross Margin % Historical Data

* Premium members only.

The historical data trend for Great China Holdings (Hong Kong)'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.

Great China Holdings (Hong Kong) Gross Margin % Chart

Great China Holdings (Hong Kong) 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 51.19 36.70 39.36 30.33 20.63

Great China Holdings (Hong Kong) 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 51.84 61.37 29.07 28.76 14.51

HKSE:00021 vs CBRE, BEKE, JLL: Gross Margin % Comparison

For the Real Estate Services subindustry, Great China Holdings (Hong Kong)'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.


Great China Holdings (Hong Kong) Gross Margin % vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Great China Holdings (Hong Kong)'s Gross Margin % distribution charts can be found below:

* The bar in red indicates where Great China Holdings (Hong Kong)'s Gross Margin % falls into.



Great China Holdings (Hong Kong) Gross Margin % Calculation

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

Great China Holdings (Hong Kong)'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 )
=12.5 / 60.629
=(Revenue - Cost of Goods Sold) / Revenue
=(60.629 - 48.124) / 60.629
=20.63 %

Great China Holdings (Hong Kong)'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 )
=5 / 34.603
=(Revenue - Cost of Goods Sold) / Revenue
=(34.603 - 29.582) / 34.603
=14.51 %

* 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 14.51% mean?
Great China Holdings (Hong Kong) (HKSE:00021) has a Gross Margin % of 14.51% as of Dec. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on Great China Holdings (Hong Kong) and its competitors. This is 54% below median its historical median of 31.28. Over the past decade, Great China Holdings (Hong Kong)'s Gross Margin % has ranged from 13.04 to 51.19. According to the industry distribution chart, Great China Holdings (Hong Kong) ranks #1221 out of 1639 companies in the Real Estate industry, placing it in the top 74.5%.
Is Great China Holdings (Hong Kong)'s Gross Margin % too high?
Great China Holdings (Hong Kong)'s current Gross Margin % of 14.51% is 54% below median its 10-year median of 31.28. Over the past 10 years, this metric has ranged from a low of 13.04 to a high of 51.19. The Real Estate industry median Gross Margin % is 36.47. Great China Holdings (Hong Kong)'s value of 14.51% is 60.2% below this industry median. Based on the distribution chart, Great China Holdings (Hong Kong) ranks #1221 out of 1639 companies in the Real Estate industry, which is below the industry midpoint.
How does Great China Holdings (Hong Kong)'s Gross Margin % compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Great China Holdings (Hong Kong) ranks #1221 out of 1639 companies for Gross Margin %. This places Great China Holdings (Hong Kong) in the lower half of its industry. The industry median Gross Margin % is 36.47. Great China Holdings (Hong Kong)'s value of 14.51% is 60.2% below this benchmark. Historically, Great China Holdings (Hong Kong)'s own Gross Margin % has ranged from 13.04 to 51.19 over the past decade. While the company's 10-year median is 31.28 vs. the industry median of 36.47, Great China Holdings (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 Real Estate company?
The median Gross Margin % among Real Estate companies is 36.47, based on 1,639 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. Great China Holdings (Hong Kong)'s current Gross Margin % of 14.51% is 60.2% 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 Great China Holdings (Hong Kong) and its competitors. For the Real Estate industry, the median Gross Margin % is 36.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Great China Holdings (Hong Kong)'s current Gross Margin % is 14.51%, which is 54% below median its own 10-year median of 31.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Great China Holdings (Hong Kong) stock overvalued right now?
Based on GuruFocus' analysis, Great China Holdings (Hong Kong) (HKSE:00021) is currently considered Possible Value Trap. The stock's GF Value™ is HK$0.22, compared to a current price of HK$0.08 — trading 63.6% below its estimated fair value. The current Gross Margin % is 14.51%, which is 54% below median its 10-year median of 31.28 and 60.2% below the Real Estate industry median of 36.47. 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 Great China Holdings (Hong Kong) (HKSE:00021), the current Gross Margin % is 14.51% 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.

Great China Holdings (Hong Kong) Business Description

Address 99 Queen’s Road Central, Room 6668, 66th Floor, The Center, Hong Kong, HKG
Great China Holdings (Hong Kong) Ltd formerly Great China Properties Holdings Ltd is engaged in real estate development and management. The company's projects include the Gold Coast Project, the Tanghai County Project, the Daya Bay Project, the Jin Bao Cheng Project, the Hong Hai Bay Project, and the Heqing Project. It has a single reportable segment based on the location of the operations, which is property development and investment located in the PRC. The firm generates its revenue from the sale and management of properties.