Grandshores Technology Group (HKSE:01647) Gross Margin %: 19.71% (As of Mar. 2026) — 27% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is Grandshores Technology Group Gross Margin %?

Grandshores Technology Group HKSE:01647 +6.45% Gross Margin % is 19.71% as of Mar. 2026, which is 27% below its 10-year median of 27.18. The stock has 3 warning signs investors should review. Among 1,729 Construction companies, Grandshores Technology Group ranks worse than 54.31% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Grandshores Technology Group's Gross Profit for the six months ended in Mar. 2026 was HK$50.2 Mil. Grandshores Technology Group's Revenue for the six months ended in Mar. 2026 was HK$254.7 Mil. Therefore, Grandshores Technology Group's Gross Margin % for the quarter that ended in Mar. 2026 was 19.71%.

Warning Sign:

Grandshores Technology Group Ltd gross margin has been in long-term decline. The average rate of decline per year is -14.8%.


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

HKSE:01647' s Gross Margin % Range Over the Past 10 Years
Min: 15.74   Med: 27.18   Max: 44.29
Current: 18.79


During the past 13 years, the highest Gross Margin % of Grandshores Technology Group was 44.29%. The lowest was 15.74%. And the median was 27.18%.

HKSE:01647's Gross Margin % is ranked worse than
54.31% of 1729 companies
in the Construction industry
Industry Median: 20.69 vs HKSE:01647: 18.79

Grandshores Technology Group had a gross margin of 19.71% for the quarter that ended in Mar. 2026 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Grandshores Technology Group was -14.80% per year.


Grandshores Technology Group  (HKSE:01647) 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

Grandshores Technology Group had a gross margin of 19.71% 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.


Grandshores Technology Group Gross Margin % Related Terms


Grandshores Technology Group Gross Margin % Historical Data

* Premium members only.

The historical data trend for Grandshores Technology 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.

Grandshores Technology Group Gross Margin % Chart

Grandshores Technology Group 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 26.94 15.74 20.90 15.89 18.79

Grandshores Technology Group 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 24.83 13.27 17.97 17.92 19.71

HKSE:01647 vs PWR, FIX, EME: Gross Margin % Comparison

For the Engineering & Construction subindustry, Grandshores Technology 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.


Grandshores Technology Group Gross Margin % vs Construction Industry

For the Construction industry and Industrials sector, Grandshores Technology Group's Gross Margin % distribution charts can be found below:

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



Grandshores Technology Group Gross Margin % Calculation

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

Grandshores Technology Group's Gross Margin for the fiscal year that ended in Mar. 2026 is calculated as

Gross Margin % (A: Mar. 2026 )=Gross Profit (A: Mar. 2026 ) / Revenue (A: Mar. 2026 )
=98.7 / 525.134
=(Revenue - Cost of Goods Sold) / Revenue
=(525.134 - 426.473) / 525.134
=18.79 %

Grandshores Technology Group's Gross Margin for the quarter that ended in Mar. 2026 is calculated as


Gross Margin % (Q: Mar. 2026 )=Gross Profit (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=50.2 / 254.714
=(Revenue - Cost of Goods Sold) / Revenue
=(254.714 - 204.503) / 254.714
=19.71 %

* 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 19.71% mean?
Grandshores Technology Group (HKSE:01647) has a Gross Margin % of 19.71% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Grandshores Technology Group and its competitors. This is 27% below median its historical median of 27.18. Over the past decade, Grandshores Technology Group's Gross Margin % has ranged from 15.74 to 44.29. According to the industry distribution chart, Grandshores Technology Group ranks #939 out of 1729 companies in the Construction industry, placing it in the top 54.3%.
Is Grandshores Technology Group's Gross Margin % too high?
Grandshores Technology Group's current Gross Margin % of 19.71% is 27% below median its 10-year median of 27.18. Over the past 10 years, this metric has ranged from a low of 15.74 to a high of 44.29. The Construction industry median Gross Margin % is 20.69. Grandshores Technology Group's value of 19.71% is 4.7% below this industry median. Based on the distribution chart, Grandshores Technology Group ranks #939 out of 1729 companies in the Construction industry, which is below the industry midpoint.
How does Grandshores Technology Group's Gross Margin % compare to PWR and FIX?
According to the Construction industry distribution chart, Grandshores Technology Group ranks #939 out of 1729 companies for Gross Margin %. This places Grandshores Technology Group in the lower half of its industry. The industry median Gross Margin % is 20.69. Grandshores Technology Group's value of 19.71% is 4.7% below this benchmark. Historically, Grandshores Technology Group's own Gross Margin % has ranged from 15.74 to 44.29 over the past decade. While the company's 10-year median is 27.18 vs. the industry median of 20.69, Grandshores Technology Group 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 Construction company?
The median Gross Margin % among Construction companies is 20.69, based on 1,729 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. Grandshores Technology Group's current Gross Margin % of 19.71% is 4.7% 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 Grandshores Technology Group and its competitors. For the Construction industry, the median Gross Margin % is 20.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Grandshores Technology Group's current Gross Margin % is 19.71%, which is 27% below median its own 10-year median of 27.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Grandshores Technology Group stock overvalued right now?
Based on GuruFocus' analysis, Grandshores Technology Group (HKSE:01647) is currently considered Modestly Undervalued. The stock's GF Value™ is HK$0.08, compared to a current price of HK$0.07 — trading 17.5% below its estimated fair value. The current Gross Margin % is 19.71%, which is 27% below median its 10-year median of 27.18 and 4.7% below the Construction industry median of 20.69. 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 Grandshores Technology Group (HKSE:01647), the current Gross Margin % is 19.71% 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.

Grandshores Technology Group Business Description

Address 1 Science Museum Road, Tsim Sha Tsui, Unit 1503, 15th Floor, Greenfield Tower, Concordia Plaza, Kowloon, Hong Kong, HKG
Grandshores Technology Group Ltd is an investment holding company. Along with its subsidiaries, the company provides integrated building services, with a focus on maintenance and/or installations of mechanical and electrical systems including minor repairs and improvement works, and undertaking building and construction works in Singapore. The group's operating segments are Integrated Building Services; Building Construction Works and Information Technology Development and Application, of which the majority of its revenue source is from the Integrated Building Services segment. It has a business presence in Singapore which derives maximum revenue for the company, Hong Kong, and PRC.