Golden Resources Development International (HKSE:00677) Gross Margin %: 39.11% (As of Mar. 2026) — Near Median

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HKSE:00677 Golden Resources Development International Ltd HKSE:00677
55 GF Score
Price HK$0.35
GF Value HK$0.41
Valuation Modestly Undervalued
! 8 Warning Signs
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What is Golden Resources Development International Gross Margin %?

Golden Resources Development International HKSE:00677 55 Gross Margin % is 39.11% as of Mar. 2026, which is 7% above its 10-year median of 36.55. GuruFocus rates HKSE:00677 with a GF Score™ of 55/100 and a GF Value™ of HK$0.41 (Modestly Undervalued). The stock has 8 warning signs investors should review. Among 305 Retail - Defensive companies, Golden Resources Development International ranks better than 82.95% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Golden Resources Development International's Gross Profit for the six months ended in Mar. 2026 was HK$414 Mil. Golden Resources Development International's Revenue for the six months ended in Mar. 2026 was HK$1,059 Mil. Therefore, Golden Resources Development International's Gross Margin % for the quarter that ended in Mar. 2026 was 39.11%.


The historical rank and industry rank for Golden Resources Development International's Gross Margin % or its related term are showing as below:

HKSE:00677' s Gross Margin % Range Over the Past 10 Years
Min: 30.36   Med: 36.55   Max: 38.82
Current: 38.64


During the past 13 years, the highest Gross Margin % of Golden Resources Development International was 38.82%. The lowest was 30.36%. And the median was 36.55%.

HKSE:00677's Gross Margin % is ranked better than
82.95% of 305 companies
in the Retail - Defensive industry
Industry Median: 24.2 vs HKSE:00677: 38.64

Golden Resources Development International had a gross margin of 39.11% for the quarter that ended in Mar. 2026 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Golden Resources Development International was 1.10% per year.


Golden Resources Development International  (HKSE:00677) 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

Golden Resources Development International had a gross margin of 39.11% 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.


Golden Resources Development International Gross Margin % Related Terms


Golden Resources Development International Gross Margin % Historical Data

* Premium members only.

The historical data trend for Golden Resources Development International'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.

Golden Resources Development International Gross Margin % Chart

Golden Resources Development International 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 35.95 38.25 38.82 38.22 38.64

Golden Resources Development International 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 38.76 37.93 38.50 38.17 39.11

HKSE:00677 vs SYY, USFD, PFGC: Gross Margin % Comparison

For the Food Distribution subindustry, Golden Resources Development 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.


Golden Resources Development International Gross Margin % vs Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Golden Resources Development International's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Golden Resources Development International's Gross Margin % falls into.


HKSE:00677
55GF Score
Golden Resources Development International Ltd HKSE:00677
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Golden Resources Development International Gross Margin % Calculation

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

Golden Resources Development International'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 )
=813.1 / 2104.187
=(Revenue - Cost of Goods Sold) / Revenue
=(2104.187 - 1291.054) / 2104.187
=38.64 %

Golden Resources Development International'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 )
=414.3 / 1059.259
=(Revenue - Cost of Goods Sold) / Revenue
=(1059.259 - 644.961) / 1059.259
=39.11 %

* 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 39.11% mean?
Golden Resources Development International (HKSE:00677) has a Gross Margin % of 39.11% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Golden Resources Development International and its competitors. This is near median its historical median of 36.55. Over the past decade, Golden Resources Development International's Gross Margin % has ranged from 30.36 to 38.82. According to the industry distribution chart, Golden Resources Development International ranks #52 out of 305 companies in the Retail - Defensive industry, placing it in the top 17%.
Is Golden Resources Development International's Gross Margin % too high?
Golden Resources Development International's current Gross Margin % of 39.11% is near median its 10-year median of 36.55. Over the past 10 years, this metric has ranged from a low of 30.36 to a high of 38.82. The Retail - Defensive industry median Gross Margin % is 24.20. Golden Resources Development International's value of 39.11% is 61.6% above this industry median. Based on the distribution chart, Golden Resources Development International ranks #52 out of 305 companies in the Retail - Defensive industry, which is in the top quartile — a strong position relative to peers. Overall, Golden Resources Development International has a GF Score™ of 55/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Golden Resources Development International's Gross Margin % compare to SYY and USFD?
According to the Retail - Defensive industry distribution chart, Golden Resources Development International ranks #52 out of 305 companies for Gross Margin %. This places Golden Resources Development International in the top 17% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 24.20. Golden Resources Development International's value of 39.11% is 61.6% above this benchmark. Historically, Golden Resources Development International's own Gross Margin % has ranged from 30.36 to 38.82 over the past decade. While the company's 10-year median is 36.55 vs. the industry median of 24.20, Golden Resources Development International 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 - Defensive company?
The median Gross Margin % among Retail - Defensive companies is 24.20, based on 305 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. Golden Resources Development International's current Gross Margin % of 39.11% is 61.6% 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 Golden Resources Development International and its competitors. For the Retail - Defensive industry, the median Gross Margin % is 24.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Golden Resources Development International's current Gross Margin % is 39.11%, which is near median its own 10-year median of 36.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Golden Resources Development International stock overvalued right now?
Based on GuruFocus' analysis, Golden Resources Development International (HKSE:00677) is currently considered Modestly Undervalued. The stock's GF Value™ is HK$0.41, compared to a current price of HK$0.35 — trading 14.6% below its estimated fair value. The current Gross Margin % is 39.11%, which is near median its 10-year median of 36.55 and 61.6% above the Retail - Defensive industry median of 24.20. Golden Resources Development International's overall GF Score™ is 55/100 with 8 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 Golden Resources Development International (HKSE:00677), the current Gross Margin % is 39.11% 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 Golden Resources Development International (HKSE:00677) Overvalued in 2026?

Based on GuruFocus' analysis, Golden Resources Development International stock appears to be undervalued. The current stock price of HK$0.35 is trading 14.6% below its estimated GF Value™ of HK$0.41. GuruFocus considers Golden Resources Development International to be Modestly Undervalued.

Key valuation signals for HKSE:00677:

  • Gross Margin %: 39.11% (near median its 10-year median of 36.55)
  • GF Value™: HK$0.41 vs. price of HK$0.35 (14.6% below fair value)
  • GF Score™: 55/100 with 8 warning signs
  • Industry Position: 61.6% above the Retail - Defensive median (#52 of 305)

No single metric tells the full story. See the HKSE:00677 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Golden Resources Development International Business Description

Address No. 218 Jaffe Road, 29th Floor, Golden Resources Centre, Wan Chai, Hong Kong, HKG
Golden Resources Development International Ltd is an investment holding company. The company is engaged in the business of sourcing, importing, wholesaling, processing, packaging, marketing and distribution of rice and food products, convenience store operation, packaging materials operation, securities investment, property investment retailtainment and investment holding. The company's operating segment includes Convenience store operation; Food operation; Packaging materials operation; Securities investment; Property investment; Retailtainment; and Corporate and others. It generates maximum revenue from the Convenience store operation segment. Geographically, it derives a majority of revenue from Vietnam and also has a presence in Hong Kong and Mainland China and Other regions.
55GF Score

Get the complete analysis for HKSE:00677

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

HK$0.35
Price
HK$0.41
GF Value