Hang Pin Living Technology Co (HKSE:01682) Gross Margin %: 1.57% (As of Mar. 2026) — 65% Below Median

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HKSE:01682 Hang Pin Living Technology Co Ltd HKSE:01682
37 GF Score
Price HK$0.17
GF Value HK$0.08
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is Hang Pin Living Technology Co Gross Margin %?

Hang Pin Living Technology Co HKSE:01682 -3.51% 37 Gross Margin % is 1.57% as of Mar. 2026, which is 65% below its 10-year median of 4.45. GuruFocus rates HKSE:01682 with a GF Score™ of 37/100 and a GF Value™ of HK$0.08 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 1,023 Manufacturing - Apparel & Accessories companies, Hang Pin Living Technology Co ranks worse than 94.92% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Hang Pin Living Technology Co's Gross Profit for the six months ended in Mar. 2026 was HK$0.52 Mil. Hang Pin Living Technology Co's Revenue for the six months ended in Mar. 2026 was HK$33.20 Mil. Therefore, Hang Pin Living Technology Co's Gross Margin % for the quarter that ended in Mar. 2026 was 1.57%.

Warning Sign:

Hang Pin Living Technology Co Ltd gross margin has been in long-term decline. The average rate of decline per year is -25.3%.


The historical rank and industry rank for Hang Pin Living Technology Co's Gross Margin % or its related term are showing as below:

HKSE:01682' s Gross Margin % Range Over the Past 10 Years
Min: 1.05   Med: 4.45   Max: 12.34
Current: 1.66


During the past 13 years, the highest Gross Margin % of Hang Pin Living Technology Co was 12.34%. The lowest was 1.05%. And the median was 4.45%.

HKSE:01682's Gross Margin % is ranked worse than
94.92% of 1023 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 28.23 vs HKSE:01682: 1.66

Hang Pin Living Technology Co had a gross margin of 1.57% for the quarter that ended in Mar. 2026 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Hang Pin Living Technology Co was -25.30% per year.


Hang Pin Living Technology Co  (HKSE:01682) 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

Hang Pin Living Technology Co had a gross margin of 1.57% 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.


Hang Pin Living Technology Co Gross Margin % Related Terms


Hang Pin Living Technology Co Gross Margin % Historical Data

* Premium members only.

The historical data trend for Hang Pin Living Technology Co'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.

Hang Pin Living Technology Co Gross Margin % Chart

Hang Pin Living Technology Co 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 5.01 4.48 2.39 1.05 1.66

Hang Pin Living Technology Co 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 1.15 1.32 0.73 1.72 1.57

HKSE:01682 vs RL, LEVI, VFC: Gross Margin % Comparison

For the Apparel Manufacturing subindustry, Hang Pin Living Technology Co'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.


Hang Pin Living Technology Co Gross Margin % vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Hang Pin Living Technology Co's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Hang Pin Living Technology Co's Gross Margin % falls into.


HKSE:01682
37GF Score
Hang Pin Living Technology Co Ltd HKSE:01682
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hang Pin Living Technology Co Gross Margin % Calculation

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

Hang Pin Living Technology Co'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 )
=1.4 / 82.54
=(Revenue - Cost of Goods Sold) / Revenue
=(82.54 - 81.169) / 82.54
=1.66 %

Hang Pin Living Technology Co'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 )
=0.5 / 33.195
=(Revenue - Cost of Goods Sold) / Revenue
=(33.195 - 32.673) / 33.195
=1.57 %

* 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 1.57% mean?
Hang Pin Living Technology Co (HKSE:01682) has a Gross Margin % of 1.57% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Hang Pin Living Technology Co and its competitors. This is 65% below median its historical median of 4.45. Over the past decade, Hang Pin Living Technology Co's Gross Margin % has ranged from 1.05 to 12.34. According to the industry distribution chart, Hang Pin Living Technology Co ranks #971 out of 1023 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 94.9%.
Is Hang Pin Living Technology Co's Gross Margin % too high?
Hang Pin Living Technology Co's current Gross Margin % of 1.57% is 65% below median its 10-year median of 4.45. Over the past 10 years, this metric has ranged from a low of 1.05 to a high of 12.34. The Manufacturing - Apparel & Accessories industry median Gross Margin % is 28.23. Hang Pin Living Technology Co's value of 1.57% is 94.4% below this industry median. Based on the distribution chart, Hang Pin Living Technology Co ranks #971 out of 1023 companies in the Manufacturing - Apparel & Accessories industry, which is in the bottom quartile relative to peers. Overall, Hang Pin Living Technology Co has a GF Score™ of 37/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hang Pin Living Technology Co's Gross Margin % compare to RL and LEVI?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Hang Pin Living Technology Co ranks #971 out of 1023 companies for Gross Margin %. This places Hang Pin Living Technology Co in the lower half of its industry. The industry median Gross Margin % is 28.23. Hang Pin Living Technology Co's value of 1.57% is 94.4% below this benchmark. Historically, Hang Pin Living Technology Co's own Gross Margin % has ranged from 1.05 to 12.34 over the past decade. While the company's 10-year median is 4.45 vs. the industry median of 28.23, Hang Pin Living Technology Co 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 Manufacturing - Apparel & Accessories company?
The median Gross Margin % among Manufacturing - Apparel & Accessories companies is 28.23, based on 1,023 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. Hang Pin Living Technology Co's current Gross Margin % of 1.57% is 94.4% 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 Hang Pin Living Technology Co and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Gross Margin % is 28.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hang Pin Living Technology Co's current Gross Margin % is 1.57%, which is 65% below median its own 10-year median of 4.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hang Pin Living Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Hang Pin Living Technology Co (HKSE:01682) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.08, compared to a current price of HK$0.17 — trading 106.3% above its estimated fair value. The current Gross Margin % is 1.57%, which is 65% below median its 10-year median of 4.45 and 94.4% below the Manufacturing - Apparel & Accessories industry median of 28.23. Hang Pin Living Technology Co's overall GF Score™ is 37/100 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 Hang Pin Living Technology Co (HKSE:01682), the current Gross Margin % is 1.57% 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.

Is Hang Pin Living Technology Co (HKSE:01682) Overvalued in 2026?

Based on GuruFocus' analysis, Hang Pin Living Technology Co stock appears to be overvalued. The current stock price of HK$0.17 is trading 106.3% above its estimated GF Value™ of HK$0.08. GuruFocus considers Hang Pin Living Technology Co to be Significantly Overvalued.

Key valuation signals for HKSE:01682:

  • Gross Margin %: 1.57% (65% below median its 10-year median of 4.45)
  • GF Value™: HK$0.08 vs. price of HK$0.17 (106.3% above fair value)
  • GF Score™: 37/100 with 4 warning signs
  • Industry Position: 94.4% below the Manufacturing - Apparel & Accessories median (#971 of 1023)

No single metric tells the full story. See the HKSE:01682 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hang Pin Living Technology Co Business Description

Address 168-200 Connaught Road Central, Unit 3309, 33rd Floor, West Tower, Shun Tak Centre, Sheung Wan, Hong Kong, HKG
Hang Pin Living Technology Co Ltd is principally engaged in the Garment sourcing and the Provision of financial services business. The company operates in two segments, namely Garment sourcing and Provision of financial service. It offers a comprehensive range of sourcing management services and expertise, including product design and product development, sampling, product offering, sourcing, outsourcing, logistics, and delivery, and overseas sales capabilities. The majority of revenue is derived from the garment sourcing business.
37GF Score

Get the complete analysis for HKSE:01682

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

HK$0.17
Price
HK$0.08
GF Value