Hong Kong Economic Times Holdings (HKSE:00423) Gross Margin %: 42.85% (As of Sep. 2025) — Near Median


HKSE:00423 Hong Kong Economic Times Holdings Ltd HKSE:00423
44 GF Score
Price HK$0.70
GF Value HK$0.70
Valuation Fairly Valued
! 4 Warning Signs
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What is Hong Kong Economic Times Holdings Gross Margin %?

Hong Kong Economic Times Holdings HKSE:00423 44 Gross Margin % is 42.85% as of Sep. 2025, which is 8% above its 10-year median of 39.84. GuruFocus rates HKSE:00423 with a GF Score™ of 44/100 and a GF Value™ of HK$0.70 (Fairly Valued). The stock has 4 warning signs investors should review. Among 946 Media - Diversified companies, Hong Kong Economic Times Holdings ranks better than 58.77% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Hong Kong Economic Times Holdings's Gross Profit for the six months ended in Sep. 2025 was HK$156.2 Mil. Hong Kong Economic Times Holdings's Revenue for the six months ended in Sep. 2025 was HK$364.4 Mil. Therefore, Hong Kong Economic Times Holdings's Gross Margin % for the quarter that ended in Sep. 2025 was 42.85%.


The historical rank and industry rank for Hong Kong Economic Times Holdings's Gross Margin % or its related term are showing as below:

HKSE:00423' s Gross Margin % Range Over the Past 10 Years
Min: 36.45   Med: 39.84   Max: 44.54
Current: 44.54


During the past 13 years, the highest Gross Margin % of Hong Kong Economic Times Holdings was 44.54%. The lowest was 36.45%. And the median was 39.84%.

HKSE:00423's Gross Margin % is ranked better than
58.77% of 946 companies
in the Media - Diversified industry
Industry Median: 38.91 vs HKSE:00423: 44.54

Hong Kong Economic Times Holdings had a gross margin of 42.85% for the quarter that ended in Sep. 2025 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Hong Kong Economic Times Holdings was 0.50% per year.


Hong Kong Economic Times Holdings  (HKSE:00423) 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

Hong Kong Economic Times Holdings had a gross margin of 42.85% for the quarter that ended in Sep. 2025 => 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.


Hong Kong Economic Times Holdings Gross Margin % Related Terms


Hong Kong Economic Times Holdings Gross Margin % Historical Data

* Premium members only.

The historical data trend for Hong Kong Economic Times Holdings'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.

Hong Kong Economic Times Holdings Gross Margin % Chart

Hong Kong Economic Times Holdings Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 41.57 44.25 41.33 40.26 41.89

Hong Kong Economic Times Holdings Semi-Annual Data
Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25
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 39.62 40.97 37.81 46.09 42.85

HKSE:00423 vs NYT, WLY: Gross Margin % Comparison

For the Publishing subindustry, Hong Kong Economic Times Holdings'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.


Hong Kong Economic Times Holdings Gross Margin % vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Hong Kong Economic Times Holdings's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Hong Kong Economic Times Holdings's Gross Margin % falls into.


HKSE:00423
44GF Score
Hong Kong Economic Times Holdings Ltd HKSE:00423
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Hong Kong Economic Times Holdings Gross Margin % Calculation

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

Hong Kong Economic Times Holdings's Gross Margin for the fiscal year that ended in Mar. 2025 is calculated as

Gross Margin % (A: Mar. 2025 )=Gross Profit (A: Mar. 2025 ) / Revenue (A: Mar. 2025 )
=336.7 / 803.732
=(Revenue - Cost of Goods Sold) / Revenue
=(803.732 - 467.031) / 803.732
=41.89 %

Hong Kong Economic Times Holdings's Gross Margin for the quarter that ended in Sep. 2025 is calculated as


Gross Margin % (Q: Sep. 2025 )=Gross Profit (Q: Sep. 2025 ) / Revenue (Q: Sep. 2025 )
=156.2 / 364.435
=(Revenue - Cost of Goods Sold) / Revenue
=(364.435 - 208.264) / 364.435
=42.85 %

* 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 42.85% mean?
Hong Kong Economic Times Holdings (HKSE:00423) has a Gross Margin % of 42.85% as of Sep. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on Hong Kong Economic Times Holdings and its competitors. This is near median its historical median of 39.84. Over the past decade, Hong Kong Economic Times Holdings' Gross Margin % has ranged from 36.45 to 44.54. According to the industry distribution chart, Hong Kong Economic Times Holdings ranks #390 out of 946 companies in the Media - Diversified industry, placing it in the top 41.2%.
Is Hong Kong Economic Times Holdings' Gross Margin % too high?
Hong Kong Economic Times Holdings' current Gross Margin % of 42.85% is near median its 10-year median of 39.84. Over the past 10 years, this metric has ranged from a low of 36.45 to a high of 44.54. The Media - Diversified industry median Gross Margin % is 38.91. Hong Kong Economic Times Holdings' value of 42.85% is 10.1% above this industry median. Based on the distribution chart, Hong Kong Economic Times Holdings ranks #390 out of 946 companies in the Media - Diversified industry, which is above the industry midpoint. Overall, Hong Kong Economic Times Holdings has a GF Score™ of 44/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Hong Kong Economic Times Holdings' Gross Margin % compare to NYT and WLY?
According to the Media - Diversified industry distribution chart, Hong Kong Economic Times Holdings ranks #390 out of 946 companies for Gross Margin %. This puts Hong Kong Economic Times Holdings in the upper half of its industry. The industry median Gross Margin % is 38.91. Hong Kong Economic Times Holdings' value of 42.85% is 10.1% above this benchmark. Historically, Hong Kong Economic Times Holdings' own Gross Margin % has ranged from 36.45 to 44.54 over the past decade. While the company's 10-year median is 39.84 vs. the industry median of 38.91, Hong Kong Economic Times Holdings 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 Media - Diversified company?
The median Gross Margin % among Media - Diversified companies is 38.91, based on 946 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. Hong Kong Economic Times Holdings's current Gross Margin % of 42.85% is 10.1% 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 Hong Kong Economic Times Holdings and its competitors. For the Media - Diversified industry, the median Gross Margin % is 38.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hong Kong Economic Times Holdings's current Gross Margin % is 42.85%, which is near median its own 10-year median of 39.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hong Kong Economic Times Holdings stock overvalued right now?
Based on GuruFocus' analysis, Hong Kong Economic Times Holdings (HKSE:00423) is currently considered Fairly Valued. The stock's GF Value™ is HK$0.70, compared to a current price of HK$0.70 — trading right at its estimated fair value. The current Gross Margin % is 42.85%, which is near median its 10-year median of 39.84 and 10.1% above the Media - Diversified industry median of 38.91. Hong Kong Economic Times Holdings' overall GF Score™ is 44/100 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 Hong Kong Economic Times Holdings (HKSE:00423), the current Gross Margin % is 42.85% as of Sep. 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 Hong Kong Economic Times Holdings (HKSE:00423) Overvalued in 2026?

Based on GuruFocus' analysis, Hong Kong Economic Times Holdings stock appears to be undervalued. The current stock price of HK$0.70 is trading 0% below its estimated GF Value™ of HK$0.70. GuruFocus considers Hong Kong Economic Times Holdings to be Fairly Valued.

Key valuation signals for HKSE:00423:

  • Gross Margin %: 42.85% (near median its 10-year median of 39.84)
  • GF Value™: HK$0.70 vs. price of HK$0.70 (0% below fair value)
  • GF Score™: 44/100 with 4 warning signs
  • Industry Position: 10.1% above the Media - Diversified median (#390 of 946)

No single metric tells the full story. See the HKSE:00423 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hong Kong Economic Times Holdings Business Description

Address 321 Java Road, 6th Floor, Kodak House II, North Point, Hong Kong, HKG
Hong Kong Economic Times Holdings Ltd is an investment holding company. It is engaged in the printing and publishing of newspapers and magazines and the operation of their associated digital businesses; the operation of recruitment advertising and lifestyle platforms; and the provision of electronic financial and property market information services. Its segments are Media segment, majority revenue deriving segment, engaged in the printing and publication of newspapers, magazines and books and the operation of digital platforms, including recruitment, finance and lifestyle; and Financial news agency, information and solutions segment.
44GF Score

Get the complete analysis for HKSE:00423

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

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