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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.
High Fashion InternationalHKSE:00608 69 Gross Margin % is 16.55% as of Dec. 2025, which is 14% below its 10-year median of 19.28. GuruFocus rates HKSE:00608 with a GF Score™ of 69/100 and a GF Value™ of HK$1.35 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 1,027 Manufacturing - Apparel & Accessories companies, High Fashion International ranks worse than 68.74% on this metric.
HKSE:00608's Gross Margin % is ranked worse than 68.74% of 1027
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 28.53
vs HKSE:00608: 17.81
High Fashion International had a gross margin of 16.55% for the quarter that ended in Dec. 2025 => No sustainable competitive advantage
High Fashion International (HKSE:00608) 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
High Fashion International had a gross margin of 16.55% 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.
High Fashion International Gross Margin % Related Terms
High Fashion International 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.
HKSE:00608 vs RL, LEVI, VFC: Gross Margin % Comparison
For the Apparel Manufacturing subindustry, High Fashion International'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.
High Fashion International Gross Margin % vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, High Fashion International's Gross Margin % distribution charts can be found below:
* The bar in red indicates where High Fashion International'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.
High Fashion International (HKSE:00608) has a Gross Margin % of 16.55% as of Dec. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on High Fashion International and its competitors. This is 14% below median its historical median of 19.28. Over the past decade, High Fashion International's Gross Margin % has ranged from 17.26 to 20.93. According to the industry distribution chart, High Fashion International ranks #706 out of 1027 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 68.7%.
Is High Fashion International's Gross Margin % too high?
High Fashion International's current Gross Margin % of 16.55% is 14% below median its 10-year median of 19.28. Over the past 10 years, this metric has ranged from a low of 17.26 to a high of 20.93. The Manufacturing - Apparel & Accessories industry median Gross Margin % is 28.53. High Fashion International's value of 16.55% is 42% below this industry median. Based on the distribution chart, High Fashion International ranks #706 out of 1027 companies in the Manufacturing - Apparel & Accessories industry, which is below the industry midpoint. Overall, High Fashion International has a GF Score™ of 69/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does High Fashion International's Gross Margin % compare to RL and LEVI?
According to the Manufacturing - Apparel & Accessories industry distribution chart, High Fashion International ranks #706 out of 1027 companies for Gross Margin %. This places High Fashion International in the lower half of its industry. The industry median Gross Margin % is 28.53. High Fashion International's value of 16.55% is 42% below this benchmark. Historically, High Fashion International's own Gross Margin % has ranged from 17.26 to 20.93 over the past decade. While the company's 10-year median is 19.28 vs. the industry median of 28.53, High Fashion International 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 Manufacturing - Apparel & Accessories company?
The median Gross Margin % among Manufacturing - Apparel & Accessories companies is 28.53, based on 1,027 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. High Fashion International's current Gross Margin % of 16.55% is 42% 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 High Fashion International and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Gross Margin % is 28.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. High Fashion International's current Gross Margin % is 16.55%, which is 14% below median its own 10-year median of 19.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is High Fashion International stock overvalued right now?
Based on GuruFocus' analysis, High Fashion International (HKSE:00608) is currently considered Modestly Undervalued. The stock's GF Value™ is HK$1.35, compared to a current price of HK$1.19 — trading 11.9% below its estimated fair value. The current Gross Margin % is 16.55%, which is 14% below median its 10-year median of 19.28 and 42% below the Manufacturing - Apparel & Accessories industry median of 28.53. High Fashion International's overall GF Score™ is 69/100 with 5 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 High Fashion International (HKSE:00608), the current Gross Margin % is 16.55% 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 High Fashion International (HKSE:00608) Overvalued in 2026?
Based on GuruFocus' analysis, High Fashion International stock appears to be undervalued.
The current stock price of HK$1.19 is trading 11.9% below its estimated GF Value™ of HK$1.35.
GuruFocus considers High Fashion International to be Modestly Undervalued.
Key valuation signals for HKSE:00608:
Gross Margin %: 16.55% (14% below median its 10-year median of 19.28)
GF Value™: HK$1.35 vs. price of HK$1.19 (11.9% below fair value)
Industry Position: 42% below the Manufacturing - Apparel & Accessories median (#706 of 1027)
No single metric tells the full story. See the HKSE:00608 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
High Fashion International Ltd is an investment holding company. The company's operating segments include the Manufacturing and trading of garments and related products, and Property investment and development. The company generates maximum revenue from the Manufacturing and trading of garments segment and geographically from China. The company operates in the United States, China, Europe, and Other countries.
69GF 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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