YGM Trading (HKSE:00375) Gross Margin %: 71.38% (As of Mar. 2026) — 11% Above Median

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HKSE:00375 YGM Trading Ltd HKSE:00375
36 GF Score
Price HK$0.99
GF Value HK$0.79
Valuation Modestly Overvalued
! 2 Warning Signs
View Full Analysis

What is YGM Trading Gross Margin %?

YGM Trading HKSE:00375 +1.02% 36 Gross Margin % is 71.38% as of Mar. 2026, which is 11% above its 10-year median of 64.33. GuruFocus rates HKSE:00375 with a GF Score™ of 36/100 and a GF Value™ of HK$0.79 (Modestly Overvalued). The stock has 2 warning signs investors should review. Among 1,120 Retail - Cyclical companies, YGM Trading ranks better than 90.71% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. YGM Trading's Gross Profit for the six months ended in Mar. 2026 was HK$58.8 Mil. YGM Trading's Revenue for the six months ended in Mar. 2026 was HK$82.4 Mil. Therefore, YGM Trading's Gross Margin % for the quarter that ended in Mar. 2026 was 71.38%.


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

HKSE:00375' s Gross Margin % Range Over the Past 10 Years
Min: 51.64   Med: 64.33   Max: 70.02
Current: 65.08


During the past 13 years, the highest Gross Margin % of YGM Trading was 70.02%. The lowest was 51.64%. And the median was 64.33%.

HKSE:00375's Gross Margin % is ranked better than
90.71% of 1120 companies
in the Retail - Cyclical industry
Industry Median: 36.305 vs HKSE:00375: 65.08

YGM Trading had a gross margin of 71.38% for the quarter that ended in Mar. 2026 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for YGM Trading was 0.90% per year.


YGM Trading  (HKSE:00375) 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

YGM Trading had a gross margin of 71.38% 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.


YGM Trading Gross Margin % Related Terms


YGM Trading Gross Margin % Historical Data

* Premium members only.

The historical data trend for YGM Trading'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.

YGM Trading Gross Margin % Chart

YGM Trading Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 63.58 67.17 70.02 66.05 65.08

YGM Trading Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
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 68.59 61.66 70.40 58.49 71.38

HKSE:00375 vs TJX, ROST, BURL: Gross Margin % Comparison

For the Apparel Retail subindustry, YGM Trading'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.


YGM Trading Gross Margin % vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, YGM Trading's Gross Margin % distribution charts can be found below:

* The bar in red indicates where YGM Trading's Gross Margin % falls into.


HKSE:00375
36GF Score
YGM Trading Ltd HKSE:00375
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

YGM Trading Gross Margin % Calculation

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

YGM Trading's Gross Margin for the fiscal year that ended in Mar. 2026 is calculated as

Gross Margin % (A: Mar. 2026 )=Gross Profit (A: Mar. 2026 ) / Revenue (A: Mar. 2026 )
=104.9 / 161.106
=(Revenue - Cost of Goods Sold) / Revenue
=(161.106 - 56.254) / 161.106
=65.08 %

YGM Trading's Gross Margin for the quarter that ended in Mar. 2026 is calculated as


Gross Margin % (Q: Mar. 2026 )=Gross Profit (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=58.8 / 82.405
=(Revenue - Cost of Goods Sold) / Revenue
=(82.405 - 23.582) / 82.405
=71.38 %

* 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 71.38% mean?
YGM Trading (HKSE:00375) has a Gross Margin % of 71.38% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on YGM Trading and its competitors. This is 11% above median its historical median of 64.33. Over the past decade, YGM Trading's Gross Margin % has ranged from 51.64 to 70.02. According to the industry distribution chart, YGM Trading ranks #104 out of 1120 companies in the Retail - Cyclical industry, placing it in the top 9.3%.
Is YGM Trading's Gross Margin % too high?
YGM Trading's current Gross Margin % of 71.38% is 11% above median its 10-year median of 64.33. Over the past 10 years, this metric has ranged from a low of 51.64 to a high of 70.02. The Retail - Cyclical industry median Gross Margin % is 36.31. YGM Trading's value of 71.38% is 96.6% above this industry median. Based on the distribution chart, YGM Trading ranks #104 out of 1120 companies in the Retail - Cyclical industry, which is in the top quartile — a strong position relative to peers. Overall, YGM Trading has a GF Score™ of 36/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does YGM Trading's Gross Margin % compare to TJX and ROST?
According to the Retail - Cyclical industry distribution chart, YGM Trading ranks #104 out of 1120 companies for Gross Margin %. This places YGM Trading in the top 9% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 36.31. YGM Trading's value of 71.38% is 96.6% above this benchmark. Historically, YGM Trading's own Gross Margin % has ranged from 51.64 to 70.02 over the past decade. While the company's 10-year median is 64.33 vs. the industry median of 36.31, YGM Trading 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 Retail - Cyclical company?
The median Gross Margin % among Retail - Cyclical companies is 36.31, based on 1,120 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. YGM Trading's current Gross Margin % of 71.38% is 96.6% 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 YGM Trading and its competitors. For the Retail - Cyclical industry, the median Gross Margin % is 36.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. YGM Trading's current Gross Margin % is 71.38%, which is 11% above median its own 10-year median of 64.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is YGM Trading stock overvalued right now?
Based on GuruFocus' analysis, YGM Trading (HKSE:00375) is currently considered Modestly Overvalued. The stock's GF Value™ is HK$0.79, compared to a current price of HK$0.99 — trading 25.3% above its estimated fair value. The current Gross Margin % is 71.38%, which is 11% above median its 10-year median of 64.33 and 96.6% above the Retail - Cyclical industry median of 36.31. YGM Trading's overall GF Score™ is 36/100 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 YGM Trading (HKSE:00375), the current Gross Margin % is 71.38% 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.

Is YGM Trading (HKSE:00375) Overvalued in 2026?

Based on GuruFocus' analysis, YGM Trading stock appears to be overvalued. The current stock price of HK$0.99 is trading 25.3% above its estimated GF Value™ of HK$0.79. GuruFocus considers YGM Trading to be Modestly Overvalued.

Key valuation signals for HKSE:00375:

  • Gross Margin %: 71.38% (11% above median its 10-year median of 64.33)
  • GF Value™: HK$0.79 vs. price of HK$0.99 (25.3% above fair value)
  • GF Score™: 36/100 with 2 warning signs
  • Industry Position: 96.6% above the Retail - Cyclical median (#104 of 1120)

No single metric tells the full story. See the HKSE:00375 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


YGM Trading Business Description

Address 22 Tai Yau Street, San Po Kong, Kowloon, Hong Kong, HKG
YGM Trading Ltd is an investment holding and provision of management services company. The company's operating segments include Sales of garments, Licensing of trademarks, Printing and related services, and Property rental. The sales of garments segment of the company is involved in the wholesale and retail of garments; the Printing and related services segment is engaged in the provision of security printing and sale of printed products; Licensing of trademarks segment is engaged in the management and licensing of trademarks for royalty income, and Property rental segment is engaged in leasing of properties to generate rental income. The company generates maximum revenue from the Sales of the garments segment. Geographically, it derives a majority of its revenue from Hong Kong.
36GF Score

Get the complete analysis for HKSE:00375

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

HK$0.99
Price
HK$0.79
GF Value