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Wang On PropertiesHKSE:01243 Gross Margin % is -4.35% as of Mar. 2026. The stock has 4 warning signs investors should review. Among 1,643 Real Estate companies, Wang On Properties ranks worse than 95.8% on this metric.
Wang On Properties (HKSE:01243) 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
Wang On Properties had a gross margin of -4.35% for the quarter that ended in Mar. 2026 => 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.
Wang On Properties Gross Margin % Related Terms
Wang On Properties Gross Margin % Historical Data
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The historical data trend for Wang On Properties'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.
Wang On Properties Gross Margin % Competitor Comparison
For the Real Estate - Development subindustry, Wang On Properties'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.
Wang On Properties Gross Margin % vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Wang On Properties's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Wang On Properties'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.
Wang On Properties (HKSE:01243) has a Gross Margin % of -4.35% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Wang On Properties and its competitors. According to the industry distribution chart, Wang On Properties ranks #1574 out of 1643 companies in the Real Estate industry, placing it in the top 95.8%.
Is Wang On Properties' Gross Margin % too high?
Wang On Properties' current Gross Margin % is -4.35%. Based on the distribution chart, Wang On Properties ranks #1574 out of 1643 companies in the Real Estate industry, which is in the bottom quartile relative to peers.
How does Wang On Properties' Gross Margin % compare to competitors?
According to the Real Estate industry distribution chart, Wang On Properties ranks #1574 out of 1643 companies for Gross Margin %. This places Wang On Properties in the lower half of its industry. The industry median Gross Margin % is 36.70. 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 36.70, based on 1,643 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. 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 Wang On Properties and its competitors. For the Real Estate industry, the median Gross Margin % is 36.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Wang On Properties's current Gross Margin % is -4.35%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wang On Properties stock overvalued right now?
Based on GuruFocus' analysis, Wang On Properties (HKSE:01243) is currently considered Modestly Undervalued. The stock's GF Value™ is HK$0.04, compared to a current price of HK$0.03 — trading 17.5% below its estimated fair value. The current Gross Margin % is -4.35%. 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 Wang On Properties (HKSE:01243), the current Gross Margin % is -4.35% 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.
Wang On Properties Ltd is engaged in property development and property investment in Hong Kong. The company's business segments are Property development and trading, Asset management segment, and Property investment. The Property development segment, which is the key revenue-driving segment, engages in the development of properties whereas the Property Investment segment engages in the investment in commercial and industrial premises for rental or for sale. The Asset Management segment earns fee income for managing assets on behalf of the group's capital partners via investment vehicles. The company operates its business in Hong Kong. It derives maximum revenue from Property development and trading.
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