Tu Yi Holding Co (HKSE:01701) Gross Margin %: 12.38% (As of Dec. 2025) — 48% Below Median

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What is Tu Yi Holding Co Gross Margin %?

Tu Yi Holding Co HKSE:01701 Gross Margin % is 12.38% as of Dec. 2025, which is 48% below its 10-year median of 23.77. The stock has 3 warning signs investors should review. Among 792 Travel & Leisure companies, Tu Yi Holding Co ranks worse than 80.56% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Tu Yi Holding Co's Gross Profit for the six months ended in Dec. 2025 was HK$21.5 Mil. Tu Yi Holding Co's Revenue for the six months ended in Dec. 2025 was HK$173.8 Mil. Therefore, Tu Yi Holding Co's Gross Margin % for the quarter that ended in Dec. 2025 was 12.38%.


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

HKSE:01701' s Gross Margin % Range Over the Past 10 Years
Min: -4.13   Med: 23.77   Max: 36.31
Current: 21.29


During the past 10 years, the highest Gross Margin % of Tu Yi Holding Co was 36.31%. The lowest was -4.13%. And the median was 23.77%.

HKSE:01701's Gross Margin % is ranked worse than
80.56% of 792 companies
in the Travel & Leisure industry
Industry Median: 43.5 vs HKSE:01701: 21.29

Tu Yi Holding Co had a gross margin of 12.38% for the quarter that ended in Dec. 2025 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Tu Yi Holding Co was 0.00% per year.


Tu Yi Holding Co  (HKSE:01701) 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

Tu Yi Holding Co had a gross margin of 12.38% for the quarter that ended in Dec. 2025 => 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.


Tu Yi Holding Co Gross Margin % Related Terms


Tu Yi Holding Co Gross Margin % Historical Data

* Premium members only.

The historical data trend for Tu Yi Holding 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.

Tu Yi Holding Co Gross Margin % Chart

Tu Yi Holding Co 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 11.90 28.18 36.31 23.64 21.34

Tu Yi Holding Co 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 31.83 29.24 19.53 30.15 12.38

HKSE:01701 vs BKNG, ABNB, RCL: Gross Margin % Comparison

For the Travel Services subindustry, Tu Yi Holding 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.


Tu Yi Holding Co Gross Margin % vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Tu Yi Holding Co's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Tu Yi Holding Co's Gross Margin % falls into.



Tu Yi Holding Co Gross Margin % Calculation

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

Tu Yi Holding Co'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 )
=74.8 / 350.32
=(Revenue - Cost of Goods Sold) / Revenue
=(350.32 - 275.569) / 350.32
=21.34 %

Tu Yi Holding Co'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 )
=21.5 / 173.789
=(Revenue - Cost of Goods Sold) / Revenue
=(173.789 - 152.267) / 173.789
=12.38 %

* 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 12.38% mean?
Tu Yi Holding Co (HKSE:01701) has a Gross Margin % of 12.38% as of Dec. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on Tu Yi Holding Co and its competitors. This is 48% below median its historical median of 23.77. According to the industry distribution chart, Tu Yi Holding Co ranks #638 out of 792 companies in the Travel & Leisure industry, placing it in the top 80.6%.
Is Tu Yi Holding Co's Gross Margin % too high?
Tu Yi Holding Co's current Gross Margin % of 12.38% is 48% below median its 10-year median of 23.77. The Travel & Leisure industry median Gross Margin % is 43.50. Tu Yi Holding Co's value of 12.38% is 71.5% below this industry median. Based on the distribution chart, Tu Yi Holding Co ranks #638 out of 792 companies in the Travel & Leisure industry, which is in the bottom quartile relative to peers.
How does Tu Yi Holding Co's Gross Margin % compare to BKNG and ABNB?
According to the Travel & Leisure industry distribution chart, Tu Yi Holding Co ranks #638 out of 792 companies for Gross Margin %. This places Tu Yi Holding Co in the lower half of its industry. The industry median Gross Margin % is 43.50. Tu Yi Holding Co's value of 12.38% is 71.5% below this benchmark. While the company's 10-year median is 23.77 vs. the industry median of 43.50, Tu Yi Holding 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 Travel & Leisure company?
The median Gross Margin % among Travel & Leisure companies is 43.50, based on 792 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. Tu Yi Holding Co's current Gross Margin % of 12.38% is 71.5% 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 Tu Yi Holding Co and its competitors. For the Travel & Leisure industry, the median Gross Margin % is 43.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tu Yi Holding Co's current Gross Margin % is 12.38%, which is 48% below median its own 10-year median of 23.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tu Yi Holding Co stock overvalued right now?
Based on GuruFocus' analysis, Tu Yi Holding Co (HKSE:01701) is currently considered Significantly Undervalued. The stock's GF Value™ is HK$0.34, compared to a current price of HK$0.07 — trading 78.8% below its estimated fair value. The current Gross Margin % is 12.38%, which is 48% below median its 10-year median of 23.77 and 71.5% below the Travel & Leisure industry median of 43.50. 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 Tu Yi Holding Co (HKSE:01701), the current Gross Margin % is 12.38% 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.

Tu Yi Holding Co Business Description

Address No. 1288 Wenyi West Road, Room 813, 8th Floor, Block 4, Cangqian Sub-district, Yuhang District, Zhejiang Province, Hangzhou City, CHN
Tu Yi Holding Co Ltd is mainly engaged in the provision of outbound travel products and services. The Group operates through segments including sales of outbound travel package tours and day tours, sales of free independent traveller products, provision of visa application processing service, duty-free shop business, hotels operation, and provision of tour-related catering services. The sales of outbound travel package tours and the day tours segment generate maximum revenue. The Group operates in the PRC and Japan, with the PRC generating maximum revenue.