Fulum Group Holdings (HKSE:01443) Gross Margin %: 38.95% (As of Sep. 2025) — Near Median

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What is Fulum Group Holdings Gross Margin %?

Fulum Group Holdings HKSE:01443 +2.27% Gross Margin % is 38.95% as of Sep. 2025, which is 6% above its 10-year median of 36.73. The stock has 4 warning signs investors should review. Among 353 Restaurants companies, Fulum Group Holdings ranks worse than 61.76% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Fulum Group Holdings's Gross Profit for the six months ended in Sep. 2025 was HK$279 Mil. Fulum Group Holdings's Revenue for the six months ended in Sep. 2025 was HK$717 Mil. Therefore, Fulum Group Holdings's Gross Margin % for the quarter that ended in Sep. 2025 was 38.95%.


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

HKSE:01443' s Gross Margin % Range Over the Past 10 Years
Min: 28.44   Med: 36.73   Max: 71.11
Current: 38.29


During the past 13 years, the highest Gross Margin % of Fulum Group Holdings was 71.11%. The lowest was 28.44%. And the median was 36.73%.

HKSE:01443's Gross Margin % is ranked worse than
61.76% of 353 companies
in the Restaurants industry
Industry Median: 45.66 vs HKSE:01443: 38.29

Fulum Group Holdings had a gross margin of 38.95% for the quarter that ended in Sep. 2025 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Fulum Group Holdings was 4.90% per year.


Fulum Group Holdings  (HKSE:01443) 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

Fulum Group Holdings had a gross margin of 38.95% for the quarter that ended in Sep. 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.


Fulum Group Holdings Gross Margin % Related Terms


Fulum Group Holdings Gross Margin % Historical Data

* Premium members only.

The historical data trend for Fulum 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.

Fulum Group Holdings Gross Margin % Chart

Fulum Group Holdings 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 33.11 36.59 37.93 36.49 38.29

Fulum Group Holdings 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 37.77 35.78 37.21 38.95 37.61

HKSE:01443 vs MCD, SBUX, YUM: Gross Margin % Comparison

For the Restaurants subindustry, Fulum 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.


Fulum Group Holdings Gross Margin % vs Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Fulum Group Holdings's Gross Margin % distribution charts can be found below:

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



Fulum Group Holdings Gross Margin % Calculation

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

Fulum Group Holdings's Gross Margin for the fiscal year that ended in Mar. 2025 is calculated as

Gross Margin % (A: Mar. 2025 )=Gross Profit (A: Mar. 2025 ) / Revenue (A: Mar. 2025 )
=621.2 / 1702.059
=(Revenue - Cost of Goods Sold) / Revenue
=(1702.059 - 1080.895) / 1702.059
=36.49 %

Fulum Group Holdings's Gross Margin for the quarter that ended in Sep. 2025 is calculated as


Gross Margin % (Q: Sep. 2025 )=Gross Profit (Q: Sep. 2025 ) / Revenue (Q: Sep. 2025 )
=279.3 / 716.95
=(Revenue - Cost of Goods Sold) / Revenue
=(716.95 - 437.679) / 716.95
=38.95 %

* 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 38.95% mean?
Fulum Group Holdings (HKSE:01443) has a Gross Margin % of 38.95% as of Sep. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on Fulum Group Holdings and its competitors. This is near median its historical median of 36.73. Over the past decade, Fulum Group Holdings' Gross Margin % has ranged from 28.44 to 71.11. According to the industry distribution chart, Fulum Group Holdings ranks #218 out of 353 companies in the Restaurants industry, placing it in the top 61.8%.
Is Fulum Group Holdings' Gross Margin % too high?
Fulum Group Holdings' current Gross Margin % of 38.95% is near median its 10-year median of 36.73. Over the past 10 years, this metric has ranged from a low of 28.44 to a high of 71.11. The Restaurants industry median Gross Margin % is 45.66. Fulum Group Holdings' value of 38.95% is 14.7% below this industry median. Based on the distribution chart, Fulum Group Holdings ranks #218 out of 353 companies in the Restaurants industry, which is below the industry midpoint.
How does Fulum Group Holdings' Gross Margin % compare to MCD and SBUX?
According to the Restaurants industry distribution chart, Fulum Group Holdings ranks #218 out of 353 companies for Gross Margin %. This places Fulum Group Holdings in the lower half of its industry. The industry median Gross Margin % is 45.66. Fulum Group Holdings' value of 38.95% is 14.7% below this benchmark. Historically, Fulum Group Holdings' own Gross Margin % has ranged from 28.44 to 71.11 over the past decade. While the company's 10-year median is 36.73 vs. the industry median of 45.66, Fulum Group Holdings has consistently been below 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 Restaurants company?
The median Gross Margin % among Restaurants companies is 45.66, based on 353 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. Fulum Group Holdings's current Gross Margin % of 38.95% is 14.7% below 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 Fulum Group Holdings and its competitors. For the Restaurants industry, the median Gross Margin % is 45.66 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fulum Group Holdings's current Gross Margin % is 38.95%, which is near median its own 10-year median of 36.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fulum Group Holdings stock overvalued right now?
Based on GuruFocus' analysis, Fulum Group Holdings (HKSE:01443) is currently considered Possible Value Trap. The stock's GF Value™ is HK$0.14, compared to a current price of HK$0.05 — trading 67.9% below its estimated fair value. The current Gross Margin % is 38.95%, which is near median its 10-year median of 36.73 and 14.7% below the Restaurants industry median of 45.66. 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 Fulum Group Holdings (HKSE:01443), the current Gross Margin % is 38.95% as of Sep. 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.

Fulum Group Holdings Business Description

Address 38 Wai Yip Street, 26th Floor, Capital Tower, Kowloon Bay, Hong Kong, HKG
Fulum Group Holdings Ltd is an investment holding company. The company is principally engaged in restaurant operations in Hong Kong and Mainland China. It is also involved in the production, sale, and distribution of food products related to restaurant operations. Geographically, the company generates revenue from Hong Kong and PRC, it derives a majority of its revenue from Hong Kong.