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China Agri-Products ExchangeHKSE:00149 Gross Margin % is 70.46% as of Mar. 2026, which is 29% above its 10-year median of 54.77. The stock has 7 warning signs investors should review. Among 1,640 Real Estate companies, China Agri-Products Exchange ranks better than 81.89% on this metric.
China Agri-Products Exchange (HKSE:00149) 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 Agri-Products Exchange had a gross margin of 70.46% for the quarter that ended in Mar. 2026 => 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.
China Agri-Products Exchange Gross Margin % Related Terms
China Agri-Products Exchange 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 Agri-Products Exchange Gross Margin % Competitor Comparison
For the Real Estate - Diversified subindustry, China Agri-Products Exchange'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 Agri-Products Exchange Gross Margin % vs Real Estate Industry
For the Real Estate industry and Real Estate sector, China Agri-Products Exchange's Gross Margin % distribution charts can be found below:
* The bar in red indicates where China Agri-Products Exchange'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 Agri-Products Exchange (HKSE:00149) has a Gross Margin % of 70.46% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on China Agri-Products Exchange and its competitors. This is 29% above median its historical median of 54.77. Over the past decade, China Agri-Products Exchange's Gross Margin % has ranged from 43.21 to 70.41. According to the industry distribution chart, China Agri-Products Exchange ranks #297 out of 1640 companies in the Real Estate industry, placing it in the top 18.1%.
Is China Agri-Products Exchange's Gross Margin % too high?
China Agri-Products Exchange's current Gross Margin % of 70.46% is 29% above median its 10-year median of 54.77. Over the past 10 years, this metric has ranged from a low of 43.21 to a high of 70.41. The Real Estate industry median Gross Margin % is 36.82. China Agri-Products Exchange's value of 70.46% is 91.4% above this industry median. Based on the distribution chart, China Agri-Products Exchange ranks #297 out of 1640 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers.
How does China Agri-Products Exchange's Gross Margin % compare to competitors?
According to the Real Estate industry distribution chart, China Agri-Products Exchange ranks #297 out of 1640 companies for Gross Margin %. This places China Agri-Products Exchange in the top 18% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 36.82. China Agri-Products Exchange's value of 70.46% is 91.4% above this benchmark. Historically, China Agri-Products Exchange's own Gross Margin % has ranged from 43.21 to 70.41 over the past decade. While the company's 10-year median is 54.77 vs. the industry median of 36.82, China Agri-Products Exchange 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 Real Estate company?
The median Gross Margin % among Real Estate companies is 36.82, based on 1,640 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 Agri-Products Exchange's current Gross Margin % of 70.46% is 91.4% 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 China Agri-Products Exchange and its competitors. For the Real Estate industry, the median Gross Margin % is 36.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China Agri-Products Exchange's current Gross Margin % is 70.46%, which is 29% above median its own 10-year median of 54.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Agri-Products Exchange stock overvalued right now?
Based on GuruFocus' analysis, China Agri-Products Exchange (HKSE:00149) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.04, compared to a current price of HK$0.07 — trading 65% above its estimated fair value. The current Gross Margin % is 70.46%, which is 29% above median its 10-year median of 54.77 and 91.4% above the Real Estate industry median of 36.82. 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 Agri-Products Exchange (HKSE:00149), the current Gross Margin % is 70.46% as of Mar. 2026. 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.
China Agri-Products Exchange Ltd is an investment holding company. The company operates through two segments namely Agricultural produce exchange market operation; and Property sales. The majority of its revenue is derived from the Agricultural produce exchange market operation segment. Geographically, it derives revenue from China.
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