China Qinfa Group (HKSE:00866) Gross Margin %: 31.51% (As of Dec. 2025) — 30% Above Median

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HKSE:00866 China Qinfa Group Ltd HKSE:00866
36 GF Score
Price HK$2.38
GF Value HK$0.58
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is China Qinfa Group Gross Margin %?

China Qinfa Group HKSE:00866 +3.48% 36 Gross Margin % is 31.51% as of Dec. 2025, which is 30% above its 10-year median of 24.15. GuruFocus rates HKSE:00866 with a GF Score™ of 36/100 and a GF Value™ of HK$0.58 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 124 Other Energy Sources companies, China Qinfa Group ranks better than 60.48% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. China Qinfa Group's Gross Profit for the six months ended in Dec. 2025 was HK$261 Mil. China Qinfa Group's Revenue for the six months ended in Dec. 2025 was HK$828 Mil. Therefore, China Qinfa Group's Gross Margin % for the quarter that ended in Dec. 2025 was 31.51%.


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

HKSE:00866' s Gross Margin % Range Over the Past 10 Years
Min: 5.1   Med: 24.15   Max: 42.58
Current: 25.77


During the past 13 years, the highest Gross Margin % of China Qinfa Group was 42.58%. The lowest was 5.10%. And the median was 24.15%.

HKSE:00866's Gross Margin % is ranked better than
60.48% of 124 companies
in the Other Energy Sources industry
Industry Median: 18.735 vs HKSE:00866: 25.77

China Qinfa Group had a gross margin of 31.51% for the quarter that ended in Dec. 2025 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for China Qinfa Group was 3.20% per year.


China Qinfa Group  (HKSE:00866) 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

China Qinfa Group had a gross margin of 31.51% for the quarter that ended in Dec. 2025 => 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.


China Qinfa Group Gross Margin % Related Terms


China Qinfa Group Gross Margin % Historical Data

* Premium members only.

The historical data trend for China Qinfa Group'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.

China Qinfa Group Gross Margin % Chart

China Qinfa Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 42.58 33.56 25.46 29.86 25.74

China Qinfa Group Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 31.61 28.21 31.15 21.77 31.51

China Qinfa Group Gross Margin % Competitor Comparison

For the Thermal Coal subindustry, China Qinfa Group'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.


China Qinfa Group Gross Margin % vs Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, China Qinfa Group's Gross Margin % distribution charts can be found below:

* The bar in red indicates where China Qinfa Group's Gross Margin % falls into.


HKSE:00866
36GF Score
China Qinfa Group Ltd HKSE:00866
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

China Qinfa Group Gross Margin % Calculation

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

China Qinfa Group's Gross Margin for the fiscal year that ended in Dec. 2025 is calculated as

Gross Margin % (A: Dec. 2025 )=Gross Profit (A: Dec. 2025 ) / Revenue (A: Dec. 2025 )
=522.9 / 2031.618
=(Revenue - Cost of Goods Sold) / Revenue
=(2031.618 - 1508.674) / 2031.618
=25.74 %

China Qinfa Group's Gross Margin for the quarter that ended in Dec. 2025 is calculated as


Gross Margin % (Q: Dec. 2025 )=Gross Profit (Q: Dec. 2025 ) / Revenue (Q: Dec. 2025 )
=261 / 828.115
=(Revenue - Cost of Goods Sold) / Revenue
=(828.115 - 567.163) / 828.115
=31.51 %

* 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 31.51% mean?
China Qinfa Group (HKSE:00866) has a Gross Margin % of 31.51% as of Dec. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on China Qinfa Group and its competitors. This is 30% above median its historical median of 24.15. Over the past decade, China Qinfa Group's Gross Margin % has ranged from 5.10 to 42.58. According to the industry distribution chart, China Qinfa Group ranks #49 out of 124 companies in the Other Energy Sources industry, placing it in the top 39.5%.
Is China Qinfa Group's Gross Margin % too high?
China Qinfa Group's current Gross Margin % of 31.51% is 30% above median its 10-year median of 24.15. Over the past 10 years, this metric has ranged from a low of 5.10 to a high of 42.58. The Other Energy Sources industry median Gross Margin % is 18.74. China Qinfa Group's value of 31.51% is 68.2% above this industry median. Based on the distribution chart, China Qinfa Group ranks #49 out of 124 companies in the Other Energy Sources industry, which is above the industry midpoint. Overall, China Qinfa Group has a GF Score™ of 36/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does China Qinfa Group's Gross Margin % compare to competitors?
According to the Other Energy Sources industry distribution chart, China Qinfa Group ranks #49 out of 124 companies for Gross Margin %. This puts China Qinfa Group in the upper half of its industry. The industry median Gross Margin % is 18.74. China Qinfa Group's value of 31.51% is 68.2% above this benchmark. Historically, China Qinfa Group's own Gross Margin % has ranged from 5.10 to 42.58 over the past decade. While the company's 10-year median is 24.15 vs. the industry median of 18.74, China Qinfa Group 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 an Other Energy Sources company?
The median Gross Margin % among Other Energy Sources companies is 18.74, based on 124 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. China Qinfa Group's current Gross Margin % of 31.51% is 68.2% 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 China Qinfa Group and its competitors. For the Other Energy Sources industry, the median Gross Margin % is 18.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China Qinfa Group's current Gross Margin % is 31.51%, which is 30% above median its own 10-year median of 24.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Qinfa Group stock overvalued right now?
Based on GuruFocus' analysis, China Qinfa Group (HKSE:00866) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.58, compared to a current price of HK$2.38 — trading 310.3% above its estimated fair value. The current Gross Margin % is 31.51%, which is 30% above median its 10-year median of 24.15 and 68.2% above the Other Energy Sources industry median of 18.74. China Qinfa Group's overall GF Score™ is 36/100 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 China Qinfa Group (HKSE:00866), the current Gross Margin % is 31.51% 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 China Qinfa Group (HKSE:00866) Overvalued in 2026?

Based on GuruFocus' analysis, China Qinfa Group stock appears to be overvalued. The current stock price of HK$2.38 is trading 310.3% above its estimated GF Value™ of HK$0.58. GuruFocus considers China Qinfa Group to be Significantly Overvalued.

Key valuation signals for HKSE:00866:

  • Gross Margin %: 31.51% (30% above median its 10-year median of 24.15)
  • GF Value™: HK$0.58 vs. price of HK$2.38 (310.3% above fair value)
  • GF Score™: 36/100 with 4 warning signs
  • Industry Position: 68.2% above the Other Energy Sources median (#49 of 124)

No single metric tells the full story. See the HKSE:00866 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


China Qinfa Group Business Description

Other Exchanges 16Q:Germany
Address No. 1 Pazhou Avenue East, Unit Nos. 2201 to 2208, Level 22, South Tower, Poly International Plaza, Haizhu District, Guangzhou, CHN
China Qinfa Group Ltd is a Hong Kong-based firm engaged in coal operation business involving coal mining, purchases and sales, filtering, storage, and the blending of coal in the PRC. It has a business presence in the PRC and Indonesia, of which the majority of the revenue is generated within the PRC.
36GF Score

Get the complete analysis for HKSE:00866

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

HK$2.38
Price
HK$0.58
GF Value