Shanghai Pioneer Holding (HKSE:01345) Gross Margin %: 50.95% (As of Dec. 2025) — 13% Above Median

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HKSE:01345 Shanghai Pioneer Holding Ltd HKSE:01345
73 GF Score
Price HK$2.15
GF Value HK$1.80
Valuation Modestly Overvalued
! 8 Warning Signs
View Full Analysis

What is Shanghai Pioneer Holding Gross Margin %?

Shanghai Pioneer Holding HKSE:01345 -4.44% 73 Gross Margin % is 50.95% as of Dec. 2025, which is 13% above its 10-year median of 45.13. GuruFocus rates HKSE:01345 with a GF Score™ of 73/100 and a GF Value™ of HK$1.80 (Modestly Overvalued). The stock has 8 warning signs investors should review. Among 628 Healthcare Providers & Services companies, Shanghai Pioneer Holding ranks better than 60.03% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Shanghai Pioneer Holding's Gross Profit for the six months ended in Dec. 2025 was HK$358 Mil. Shanghai Pioneer Holding's Revenue for the six months ended in Dec. 2025 was HK$703 Mil. Therefore, Shanghai Pioneer Holding's Gross Margin % for the quarter that ended in Dec. 2025 was 50.95%.

Warning Sign:

Shanghai Pioneer Holding Ltd gross margin has been in long-term decline. The average rate of decline per year is -1.1%.


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

HKSE:01345' s Gross Margin % Range Over the Past 10 Years
Min: 33.15   Med: 45.13   Max: 53.81
Current: 48.88


During the past 13 years, the highest Gross Margin % of Shanghai Pioneer Holding was 53.81%. The lowest was 33.15%. And the median was 45.13%.

HKSE:01345's Gross Margin % is ranked better than
60.03% of 628 companies
in the Healthcare Providers & Services industry
Industry Median: 40.075 vs HKSE:01345: 48.88

Shanghai Pioneer Holding had a gross margin of 50.95% for the quarter that ended in Dec. 2025 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Shanghai Pioneer Holding was -1.10% per year.


Shanghai Pioneer Holding  (HKSE:01345) 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

Shanghai Pioneer Holding had a gross margin of 50.95% for the quarter that ended in Dec. 2025 => Durable 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.


Shanghai Pioneer Holding Gross Margin % Related Terms


Shanghai Pioneer Holding Gross Margin % Historical Data

* Premium members only.

The historical data trend for Shanghai Pioneer Holding'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.

Shanghai Pioneer Holding Gross Margin % Chart

Shanghai Pioneer Holding 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 53.81 50.16 42.65 44.62 48.86

Shanghai Pioneer Holding 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 42.40 42.85 46.66 46.82 50.95

Shanghai Pioneer Holding Gross Margin % Competitor Comparison

For the Pharmaceutical Retailers subindustry, Shanghai Pioneer Holding'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.


Shanghai Pioneer Holding Gross Margin % vs Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Shanghai Pioneer Holding's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Shanghai Pioneer Holding's Gross Margin % falls into.


HKSE:01345
73GF Score
Shanghai Pioneer Holding Ltd HKSE:01345
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shanghai Pioneer Holding Gross Margin % Calculation

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

Shanghai Pioneer Holding'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 )
=692.8 / 1417.832
=(Revenue - Cost of Goods Sold) / Revenue
=(1417.832 - 725.014) / 1417.832
=48.86 %

Shanghai Pioneer Holding'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 )
=358.1 / 702.781
=(Revenue - Cost of Goods Sold) / Revenue
=(702.781 - 344.725) / 702.781
=50.95 %

* 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 50.95% mean?
Shanghai Pioneer Holding (HKSE:01345) has a Gross Margin % of 50.95% as of Dec. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on Shanghai Pioneer Holding and its competitors. This is 13% above median its historical median of 45.13. Over the past decade, Shanghai Pioneer Holding's Gross Margin % has ranged from 33.15 to 53.81. According to the industry distribution chart, Shanghai Pioneer Holding ranks #251 out of 628 companies in the Healthcare Providers & Services industry, placing it in the top 40%.
Is Shanghai Pioneer Holding's Gross Margin % too high?
Shanghai Pioneer Holding's current Gross Margin % of 50.95% is 13% above median its 10-year median of 45.13. Over the past 10 years, this metric has ranged from a low of 33.15 to a high of 53.81. The Healthcare Providers & Services industry median Gross Margin % is 40.08. Shanghai Pioneer Holding's value of 50.95% is 27.1% above this industry median. Based on the distribution chart, Shanghai Pioneer Holding ranks #251 out of 628 companies in the Healthcare Providers & Services industry, which is above the industry midpoint. Overall, Shanghai Pioneer Holding has a GF Score™ of 73/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Shanghai Pioneer Holding's Gross Margin % compare to competitors?
According to the Healthcare Providers & Services industry distribution chart, Shanghai Pioneer Holding ranks #251 out of 628 companies for Gross Margin %. This puts Shanghai Pioneer Holding in the upper half of its industry. The industry median Gross Margin % is 40.08. Shanghai Pioneer Holding's value of 50.95% is 27.1% above this benchmark. Historically, Shanghai Pioneer Holding's own Gross Margin % has ranged from 33.15 to 53.81 over the past decade. While the company's 10-year median is 45.13 vs. the industry median of 40.08, Shanghai Pioneer Holding 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 Healthcare Providers & Services company?
The median Gross Margin % among Healthcare Providers & Services companies is 40.08, based on 628 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. Shanghai Pioneer Holding's current Gross Margin % of 50.95% is 27.1% 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 Shanghai Pioneer Holding and its competitors. For the Healthcare Providers & Services industry, the median Gross Margin % is 40.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shanghai Pioneer Holding's current Gross Margin % is 50.95%, which is 13% above median its own 10-year median of 45.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shanghai Pioneer Holding stock overvalued right now?
Based on GuruFocus' analysis, Shanghai Pioneer Holding (HKSE:01345) is currently considered Modestly Overvalued. The stock's GF Value™ is HK$1.80, compared to a current price of HK$2.15 — trading 19.4% above its estimated fair value. The current Gross Margin % is 50.95%, which is 13% above median its 10-year median of 45.13 and 27.1% above the Healthcare Providers & Services industry median of 40.08. Shanghai Pioneer Holding's overall GF Score™ is 73/100 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 Shanghai Pioneer Holding (HKSE:01345), the current Gross Margin % is 50.95% 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 Shanghai Pioneer Holding (HKSE:01345) Overvalued in 2026?

Based on GuruFocus' analysis, Shanghai Pioneer Holding stock appears to be overvalued. The current stock price of HK$2.15 is trading 19.4% above its estimated GF Value™ of HK$1.80. GuruFocus considers Shanghai Pioneer Holding to be Modestly Overvalued.

Key valuation signals for HKSE:01345:

  • Gross Margin %: 50.95% (13% above median its 10-year median of 45.13)
  • GF Value™: HK$1.80 vs. price of HK$2.15 (19.4% above fair value)
  • GF Score™: 73/100 with 8 warning signs
  • Industry Position: 27.1% above the Healthcare Providers & Services median (#251 of 628)

No single metric tells the full story. See the HKSE:01345 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shanghai Pioneer Holding Business Description

Address No.15, Lane 88 Wuwei Road, Putuo District, Shanghai, CHN, 200331
Shanghai Pioneer Holding Ltd is an investment holding company. Along with its subsidiaries, the company is engaged in the marketing, promotion, sales, and channel management service for imported pharmaceutical products and medical devices in China. The company has a portfolio of pharmaceutical products, covering ophthalmology, pain management, cardiovascular, gastroenterology, immunology, gynecology, and other therapeutic areas, and medical devices covering several medical specialties, including ophthalmology, odontology, cardiology and wound care products. The majority of its revenue derives from the Sales of medical equipment and supplies. The group operates mainly in the People's Republic of China.
73GF Score

Get the complete analysis for HKSE:01345

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

HK$2.15
Price
HK$1.80
GF Value