Q P Group Holdings (HKSE:01412) Gross Margin %: 32.93% (As of Dec. 2025) — Near Median

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HKSE:01412 Q P Group Holdings Ltd HKSE:01412
79 GF Score
Price HK$1.05
GF Value HK$1.20
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Q P Group Holdings Gross Margin %?

Q P Group Holdings HKSE:01412 -5.41% 79 Gross Margin % is 32.93% as of Dec. 2025, which is 4% above its 10-year median of 31.80. GuruFocus rates HKSE:01412 with a GF Score™ of 79/100 and a GF Value™ of HK$1.20 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 278 Forest Products companies, Q P Group Holdings ranks better than 74.46% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Q P Group Holdings's Gross Profit for the six months ended in Dec. 2025 was HK$195 Mil. Q P Group Holdings's Revenue for the six months ended in Dec. 2025 was HK$593 Mil. Therefore, Q P Group Holdings's Gross Margin % for the quarter that ended in Dec. 2025 was 32.93%.


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

HKSE:01412' s Gross Margin % Range Over the Past 10 Years
Min: 24.25   Med: 31.8   Max: 36.02
Current: 34.68


During the past 10 years, the highest Gross Margin % of Q P Group Holdings was 36.02%. The lowest was 24.25%. And the median was 31.80%.

HKSE:01412's Gross Margin % is ranked better than
74.46% of 278 companies
in the Forest Products industry
Industry Median: 18.895 vs HKSE:01412: 34.68

Q P Group Holdings had a gross margin of 32.93% for the quarter that ended in Dec. 2025 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Q P Group Holdings was 1.10% per year.


Q P Group Holdings  (HKSE:01412) 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

Q P Group Holdings had a gross margin of 32.93% 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.


Q P Group Holdings Gross Margin % Related Terms


Q P Group Holdings Gross Margin % Historical Data

* Premium members only.

The historical data trend for Q P Group Holdings'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.

Q P Group Holdings Gross Margin % Chart

Q P Group Holdings 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 30.95 32.65 34.27 36.02 34.68

Q P Group Holdings Semi-Annual Data
Dec16 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 34.95 35.74 36.25 36.64 32.93

Q P Group Holdings Gross Margin % Competitor Comparison

For the Paper & Paper Products subindustry, Q P Group Holdings'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.


Q P Group Holdings Gross Margin % vs Forest Products Industry

For the Forest Products industry and Basic Materials sector, Q P Group Holdings's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Q P Group Holdings's Gross Margin % falls into.


HKSE:01412
79GF Score
Q P Group Holdings Ltd HKSE:01412
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Q P Group Holdings Gross Margin % Calculation

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

Q P Group Holdings'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 )
=390.3 / 1125.414
=(Revenue - Cost of Goods Sold) / Revenue
=(1125.414 - 735.07) / 1125.414
=34.68 %

Q P Group Holdings'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 )
=195.3 / 592.997
=(Revenue - Cost of Goods Sold) / Revenue
=(592.997 - 397.704) / 592.997
=32.93 %

* 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 32.93% mean?
Q P Group Holdings (HKSE:01412) has a Gross Margin % of 32.93% as of Dec. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on Q P Group Holdings and its competitors. This is near median its historical median of 31.80. Over the past decade, Q P Group Holdings' Gross Margin % has ranged from 24.25 to 36.02. According to the industry distribution chart, Q P Group Holdings ranks #71 out of 278 companies in the Forest Products industry, placing it in the top 25.5%.
Is Q P Group Holdings' Gross Margin % too high?
Q P Group Holdings' current Gross Margin % of 32.93% is near median its 10-year median of 31.80. Over the past 10 years, this metric has ranged from a low of 24.25 to a high of 36.02. The Forest Products industry median Gross Margin % is 18.90. Q P Group Holdings' value of 32.93% is 74.3% above this industry median. Based on the distribution chart, Q P Group Holdings ranks #71 out of 278 companies in the Forest Products industry, which is above the industry midpoint. Overall, Q P Group Holdings has a GF Score™ of 79/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Q P Group Holdings' Gross Margin % compare to competitors?
According to the Forest Products industry distribution chart, Q P Group Holdings ranks #71 out of 278 companies for Gross Margin %. This puts Q P Group Holdings in the upper half of its industry. The industry median Gross Margin % is 18.90. Q P Group Holdings' value of 32.93% is 74.3% above this benchmark. Historically, Q P Group Holdings' own Gross Margin % has ranged from 24.25 to 36.02 over the past decade. While the company's 10-year median is 31.80 vs. the industry median of 18.90, Q P Group Holdings 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 Forest Products company?
The median Gross Margin % among Forest Products companies is 18.90, based on 278 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. Q P Group Holdings's current Gross Margin % of 32.93% is 74.3% 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 Q P Group Holdings and its competitors. For the Forest Products industry, the median Gross Margin % is 18.90 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Q P Group Holdings's current Gross Margin % is 32.93%, which is near median its own 10-year median of 31.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Q P Group Holdings stock overvalued right now?
Based on GuruFocus' analysis, Q P Group Holdings (HKSE:01412) is currently considered Modestly Undervalued. The stock's GF Value™ is HK$1.20, compared to a current price of HK$1.05 — trading 12.5% below its estimated fair value. The current Gross Margin % is 32.93%, which is near median its 10-year median of 31.80 and 74.3% above the Forest Products industry median of 18.90. Q P Group Holdings' overall GF Score™ is 79/100 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 Q P Group Holdings (HKSE:01412), the current Gross Margin % is 32.93% 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 Q P Group Holdings (HKSE:01412) Overvalued in 2026?

Based on GuruFocus' analysis, Q P Group Holdings stock appears to be undervalued. The current stock price of HK$1.05 is trading 12.5% below its estimated GF Value™ of HK$1.20. GuruFocus considers Q P Group Holdings to be Modestly Undervalued.

Key valuation signals for HKSE:01412:

  • Gross Margin %: 32.93% (near median its 10-year median of 31.80)
  • GF Value™: HK$1.20 vs. price of HK$1.05 (12.5% below fair value)
  • GF Score™: 79/100 with 4 warning signs
  • Industry Position: 74.3% above the Forest Products median (#71 of 278)

No single metric tells the full story. See the HKSE:01412 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Q P Group Holdings Business Description

Address No. 1 On Kwan Street, 21st Floor, Kings Wing Plaza 2, Shek Mun, Shatin, New Territories, Hong Kong, HKG
Q P Group Holdings Ltd is a paper product manufacturing and printing services provider. The products offered by the company range from board games, card games, puzzles, greeting cards, and educational items to premium packaging. The firm's revenue is generated through sales of paper and other products. The operating segments of the group are Web sales and Original equipment manufacturer (OEM) sales which is also its key revenue generating segment. It has a business presence in the United States, Europe, the PRC, and others, of which key revenue is derived from the United States.
79GF Score

Get the complete analysis for HKSE:01412

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

HK$1.05
Price
HK$1.20
GF Value