Asset Chain (HKSE:00616) Gross Margin %: 27.45% (As of Mar. 2026) — 71% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

HKSE:00616 Asset Chain Ltd HKSE:00616
29 GF Score
Price HK$0.10
GF Value HK$0.05
Valuation Significantly Overvalued
! 7 Warning Signs
View Full Analysis

What is Asset Chain Gross Margin %?

Asset Chain HKSE:00616 +2.97% 29 Gross Margin % is 27.45% as of Mar. 2026, which is 71% below its 10-year median of 93.17. GuruFocus rates HKSE:00616 with a GF Score™ of 29/100 and a GF Value™ of HK$0.05 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 1,644 Real Estate companies, Asset Chain ranks worse than 55.78% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Asset Chain's Gross Profit for the six months ended in Mar. 2026 was HK$18.01 Mil. Asset Chain's Revenue for the six months ended in Mar. 2026 was HK$65.61 Mil. Therefore, Asset Chain's Gross Margin % for the quarter that ended in Mar. 2026 was 27.45%.

Warning Sign:

Asset Chain Ltd gross margin has been in long-term decline. The average rate of decline per year is -17.5%.


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

HKSE:00616' s Gross Margin % Range Over the Past 10 Years
Min: 32.31   Med: 93.17   Max: 99.53
Current: 32.31


During the past 13 years, the highest Gross Margin % of Asset Chain was 99.53%. The lowest was 32.31%. And the median was 93.17%.

HKSE:00616's Gross Margin % is ranked worse than
55.78% of 1644 companies
in the Real Estate industry
Industry Median: 36.23 vs HKSE:00616: 32.31

Asset Chain had a gross margin of 27.45% for the quarter that ended in Mar. 2026 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Asset Chain was -17.50% per year.


Asset Chain  (HKSE:00616) 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

Asset Chain had a gross margin of 27.45% for the quarter that ended in Mar. 2026 => Competition eroding margins


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.


Asset Chain Gross Margin % Related Terms


Asset Chain Gross Margin % Historical Data

* Premium members only.

The historical data trend for Asset Chain'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.

Asset Chain Gross Margin % Chart

Asset Chain 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 92.15 89.08 88.53 59.82 32.31

Asset Chain 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 87.11 85.54 44.50 42.55 27.45

HKSE:00616 vs CBRE, BEKE, JLL: Gross Margin % Comparison

For the Real Estate Services subindustry, Asset Chain'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.


Asset Chain Gross Margin % vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Asset Chain's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Asset Chain's Gross Margin % falls into.


HKSE:00616
29GF Score
Asset Chain Ltd HKSE:00616
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Asset Chain Gross Margin % Calculation

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

Asset Chain'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 )
=31.3 / 96.747
=(Revenue - Cost of Goods Sold) / Revenue
=(96.747 - 65.491) / 96.747
=32.31 %

Asset Chain'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 )
=18 / 65.609
=(Revenue - Cost of Goods Sold) / Revenue
=(65.609 - 47.602) / 65.609
=27.45 %

* 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 27.45% mean?
Asset Chain (HKSE:00616) has a Gross Margin % of 27.45% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Asset Chain and its competitors. This is 71% below median its historical median of 93.17. Over the past decade, Asset Chain's Gross Margin % has ranged from 32.31 to 99.53. According to the industry distribution chart, Asset Chain ranks #917 out of 1644 companies in the Real Estate industry, placing it in the top 55.8%.
Is Asset Chain's Gross Margin % too high?
Asset Chain's current Gross Margin % of 27.45% is 71% below median its 10-year median of 93.17. Over the past 10 years, this metric has ranged from a low of 32.31 to a high of 99.53. The Real Estate industry median Gross Margin % is 36.23. Asset Chain's value of 27.45% is 24.2% below this industry median. Based on the distribution chart, Asset Chain ranks #917 out of 1644 companies in the Real Estate industry, which is below the industry midpoint. Overall, Asset Chain has a GF Score™ of 29/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Asset Chain's Gross Margin % compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Asset Chain ranks #917 out of 1644 companies for Gross Margin %. This places Asset Chain in the lower half of its industry. The industry median Gross Margin % is 36.23. Asset Chain's value of 27.45% is 24.2% below this benchmark. Historically, Asset Chain's own Gross Margin % has ranged from 32.31 to 99.53 over the past decade. While the company's 10-year median is 93.17 vs. the industry median of 36.23, Asset Chain 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 Real Estate company?
The median Gross Margin % among Real Estate companies is 36.23, based on 1,644 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. Asset Chain's current Gross Margin % of 27.45% is 24.2% 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 Asset Chain and its competitors. For the Real Estate industry, the median Gross Margin % is 36.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Asset Chain's current Gross Margin % is 27.45%, which is 71% below median its own 10-year median of 93.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asset Chain stock overvalued right now?
Based on GuruFocus' analysis, Asset Chain (HKSE:00616) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.05, compared to a current price of HK$0.10 — trading 108% above its estimated fair value. The current Gross Margin % is 27.45%, which is 71% below median its 10-year median of 93.17 and 24.2% below the Real Estate industry median of 36.23. Asset Chain's overall GF Score™ is 29/100 with 7 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 Asset Chain (HKSE:00616), the current Gross Margin % is 27.45% 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 Asset Chain (HKSE:00616) Overvalued in 2026?

Based on GuruFocus' analysis, Asset Chain stock appears to be overvalued. The current stock price of HK$0.10 is trading 108% above its estimated GF Value™ of HK$0.05. GuruFocus considers Asset Chain to be Significantly Overvalued.

Key valuation signals for HKSE:00616:

  • Gross Margin %: 27.45% (71% below median its 10-year median of 93.17)
  • GF Value™: HK$0.05 vs. price of HK$0.10 (108% above fair value)
  • GF Score™: 29/100 with 7 warning signs
  • Industry Position: 24.2% below the Real Estate median (#917 of 1644)

No single metric tells the full story. See the HKSE:00616 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Asset Chain Business Description

Address 481-483 Castle Peak Road, Block A, 7th Floor Hong Kong Spinners Building, Phase 6, Cheung Sha Wan, Kowloon, Hong Kong, HKG
Asset Chain Ltd, formerly known as Eminence Enterprise Ltd, is principally engaged in property investment, property development, investment in securities and loan financing business segments. The company owns and invests in residential, commercial, and industrial properties. It is also involved sourcing and exporting garments, and holding and leasing residential and industrial investment properties. The firm generates its majority revenue from the Property investment segment. The company's operations are located in Hong Kong and Singapore.
29GF Score

Get the complete analysis for HKSE:00616

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

HK$0.10
Price
HK$0.05
GF Value