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Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Raymond IndustrialHKSE:00229 43 Gross Margin % is 11.20% as of Dec. 2025, which is 18% below its 10-year median of 13.69. GuruFocus rates HKSE:00229 with a GF Score™ of 43/100 and a GF Value™ of HK$0.83 (Fairly Valued). The stock has 2 warning signs investors should review. Among 416 Furnishings, Fixtures & Appliances companies, Raymond Industrial ranks worse than 87.5% on this metric.
The historical rank and industry rank for Raymond Industrial's Gross Margin % or its related term are showing as below:
HKSE:00229'
s Gross Margin % Range Over the Past 10 Years
Min: 12.02 Med: 13.69 Max: 15.28
Current: 12.88
During the past 13 years, the highestGross Margin % of Raymond Industrial was 15.28%. The lowest was 12.02%. And the median was 13.69%.
HKSE:00229's Gross Margin % is ranked worse than 87.5% of 416
companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 29.46
vs HKSE:00229: 12.88
Raymond Industrial had a gross margin of 11.20% for the quarter that ended in Dec. 2025 => No sustainable competitive advantage
The 5-Year average Growth Rate of Gross Margin for Raymond Industrial was -0.40% per year.
Raymond Industrial (HKSE:00229) 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
Raymond Industrial had a gross margin of 11.20% 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.
Raymond Industrial Gross Margin % Related Terms
Raymond Industrial Gross Margin % Historical Data
* Premium members only.
The historical data trend for Raymond Industrial'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.
HKSE:00229 vs SN, SGI, MHK: Gross Margin % Comparison
For the Furnishings, Fixtures & Appliances subindustry, Raymond Industrial'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.
Raymond Industrial Gross Margin % vs Furnishings, Fixtures & Appliances Industry
For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Raymond Industrial's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Raymond Industrial'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.
Raymond Industrial (HKSE:00229) has a Gross Margin % of 11.20% as of Dec. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on Raymond Industrial and its competitors. This is 18% below median its historical median of 13.69. Over the past decade, Raymond Industrial's Gross Margin % has ranged from 12.02 to 15.28. According to the industry distribution chart, Raymond Industrial ranks #364 out of 416 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 87.5%.
Is Raymond Industrial's Gross Margin % too high?
Raymond Industrial's current Gross Margin % of 11.20% is 18% below median its 10-year median of 13.69. Over the past 10 years, this metric has ranged from a low of 12.02 to a high of 15.28. The Furnishings, Fixtures & Appliances industry median Gross Margin % is 29.46. Raymond Industrial's value of 11.20% is 62% below this industry median. Based on the distribution chart, Raymond Industrial ranks #364 out of 416 companies in the Furnishings, Fixtures & Appliances industry, which is in the bottom quartile relative to peers. Overall, Raymond Industrial has a GF Score™ of 43/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Raymond Industrial's Gross Margin % compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Raymond Industrial ranks #364 out of 416 companies for Gross Margin %. This places Raymond Industrial in the lower half of its industry. The industry median Gross Margin % is 29.46. Raymond Industrial's value of 11.20% is 62% below this benchmark. Historically, Raymond Industrial's own Gross Margin % has ranged from 12.02 to 15.28 over the past decade. While the company's 10-year median is 13.69 vs. the industry median of 29.46, Raymond Industrial 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 Furnishings, Fixtures & Appliances company?
The median Gross Margin % among Furnishings, Fixtures & Appliances companies is 29.46, based on 416 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. Raymond Industrial's current Gross Margin % of 11.20% is 62% 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 Raymond Industrial and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Gross Margin % is 29.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Raymond Industrial's current Gross Margin % is 11.20%, which is 18% below median its own 10-year median of 13.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Raymond Industrial stock overvalued right now?
Based on GuruFocus' analysis, Raymond Industrial (HKSE:00229) is currently considered Fairly Valued. The stock's GF Value™ is HK$0.83, compared to a current price of HK$0.79 — trading 4.8% below its estimated fair value. The current Gross Margin % is 11.20%, which is 18% below median its 10-year median of 13.69 and 62% below the Furnishings, Fixtures & Appliances industry median of 29.46. Raymond Industrial's overall GF Score™ is 43/100 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 Raymond Industrial (HKSE:00229), the current Gross Margin % is 11.20% 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 Raymond Industrial (HKSE:00229) Overvalued in 2026?
Based on GuruFocus' analysis, Raymond Industrial stock appears to be undervalued.
The current stock price of HK$0.79 is trading 4.8% below its estimated GF Value™ of HK$0.83.
GuruFocus considers Raymond Industrial to be Fairly Valued.
Key valuation signals for HKSE:00229:
Gross Margin %: 11.20% (18% below median its 10-year median of 13.69)
GF Value™: HK$0.83 vs. price of HK$0.79 (4.8% below fair value)
Industry Position: 62% below the Furnishings, Fixtures & Appliances median (#364 of 416)
No single metric tells the full story. See the HKSE:00229 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Raymond Industrial Ltd is engaged in the manufacture and sale of electrical home appliances. Its reportable operating segments are North America, mainly including the United States of America and Canada; Latin America, mainly including Mexico; Europe, mainly including the United Kingdom and the Netherlands; Asia, mainly including the PRC, Korea, and Japan; and the Rest of the World.
43GF Score
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Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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