B & S International Holdings (HKSE:01705) Gross Margin %: 22.81% (As of Mar. 2026) — Near Median

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HKSE:01705 B & S International Holdings Ltd HKSE:01705
53 GF Score
Price HK$0.89
GF Value HK$0.35
Valuation Significantly Overvalued
! 7 Warning Signs
View Full Analysis

What is B & S International Holdings Gross Margin %?

B & S International Holdings HKSE:01705 +0.57% 53 Gross Margin % is 22.81% as of Mar. 2026, which is 4% above its 10-year median of 21.89. GuruFocus rates HKSE:01705 with a GF Score™ of 53/100 and a GF Value™ of HK$0.35 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 304 Retail - Defensive companies, B & S International Holdings ranks worse than 53.95% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. B & S International Holdings's Gross Profit for the six months ended in Mar. 2026 was HK$58.6 Mil. B & S International Holdings's Revenue for the six months ended in Mar. 2026 was HK$257.0 Mil. Therefore, B & S International Holdings's Gross Margin % for the quarter that ended in Mar. 2026 was 22.81%.


The historical rank and industry rank for B & S International Holdings's Gross Margin % or its related term are showing as below:

HKSE:01705' s Gross Margin % Range Over the Past 10 Years
Min: 11.08   Med: 21.89   Max: 25.62
Current: 23.26


During the past 12 years, the highest Gross Margin % of B & S International Holdings was 25.62%. The lowest was 11.08%. And the median was 21.89%.

HKSE:01705's Gross Margin % is ranked worse than
53.95% of 304 companies
in the Retail - Defensive industry
Industry Median: 24.17 vs HKSE:01705: 23.26

B & S International Holdings had a gross margin of 22.81% for the quarter that ended in Mar. 2026 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for B & S International Holdings was 14.20% per year.


B & S International Holdings  (HKSE:01705) 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

B & S International Holdings had a gross margin of 22.81% for the quarter that ended in Mar. 2026 => 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.


B & S International Holdings Gross Margin % Related Terms


B & S International Holdings Gross Margin % Historical Data

* Premium members only.

The historical data trend for B & S International 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.

B & S International Holdings Gross Margin % Chart

B & S International 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 16.46 21.59 23.41 21.97 23.26

B & S International Holdings Semi-Annual Data
Mar16 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 23.21 23.54 20.50 23.72 22.81

HKSE:01705 vs SYY, USFD, PFGC: Gross Margin % Comparison

For the Food Distribution subindustry, B & S International 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.


B & S International Holdings Gross Margin % vs Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, B & S International Holdings's Gross Margin % distribution charts can be found below:

* The bar in red indicates where B & S International Holdings's Gross Margin % falls into.


HKSE:01705
53GF Score
B & S International Holdings Ltd HKSE:01705
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

B & S International Holdings Gross Margin % Calculation

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

B & S International Holdings'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 )
=117.5 / 505.405
=(Revenue - Cost of Goods Sold) / Revenue
=(505.405 - 387.867) / 505.405
=23.26 %

B & S International Holdings'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 )
=58.6 / 257.035
=(Revenue - Cost of Goods Sold) / Revenue
=(257.035 - 198.411) / 257.035
=22.81 %

* 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 22.81% mean?
B & S International Holdings (HKSE:01705) has a Gross Margin % of 22.81% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on B & S International Holdings and its competitors. This is near median its historical median of 21.89. Over the past decade, B & S International Holdings' Gross Margin % has ranged from 11.08 to 25.62. According to the industry distribution chart, B & S International Holdings ranks #164 out of 304 companies in the Retail - Defensive industry, placing it in the top 53.9%.
Is B & S International Holdings' Gross Margin % too high?
B & S International Holdings' current Gross Margin % of 22.81% is near median its 10-year median of 21.89. Over the past 10 years, this metric has ranged from a low of 11.08 to a high of 25.62. The Retail - Defensive industry median Gross Margin % is 24.17. B & S International Holdings' value of 22.81% is 5.6% below this industry median. Based on the distribution chart, B & S International Holdings ranks #164 out of 304 companies in the Retail - Defensive industry, which is below the industry midpoint. Overall, B & S International Holdings has a GF Score™ of 53/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does B & S International Holdings' Gross Margin % compare to SYY and USFD?
According to the Retail - Defensive industry distribution chart, B & S International Holdings ranks #164 out of 304 companies for Gross Margin %. This places B & S International Holdings in the lower half of its industry. The industry median Gross Margin % is 24.17. B & S International Holdings' value of 22.81% is 5.6% below this benchmark. Historically, B & S International Holdings' own Gross Margin % has ranged from 11.08 to 25.62 over the past decade. While the company's 10-year median is 21.89 vs. the industry median of 24.17, B & S International 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 Retail - Defensive company?
The median Gross Margin % among Retail - Defensive companies is 24.17, based on 304 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. B & S International Holdings's current Gross Margin % of 22.81% is 5.6% 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 B & S International Holdings and its competitors. For the Retail - Defensive industry, the median Gross Margin % is 24.17 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. B & S International Holdings's current Gross Margin % is 22.81%, which is near median its own 10-year median of 21.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is B & S International Holdings stock overvalued right now?
Based on GuruFocus' analysis, B & S International Holdings (HKSE:01705) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.35, compared to a current price of HK$0.89 — trading 152.9% above its estimated fair value. The current Gross Margin % is 22.81%, which is near median its 10-year median of 21.89 and 5.6% below the Retail - Defensive industry median of 24.17. B & S International Holdings' overall GF Score™ is 53/100 with 7 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 B & S International Holdings (HKSE:01705), the current Gross Margin % is 22.81% 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 B & S International Holdings (HKSE:01705) Overvalued in 2026?

Based on GuruFocus' analysis, B & S International Holdings stock appears to be overvalued. The current stock price of HK$0.89 is trading 152.9% above its estimated GF Value™ of HK$0.35. GuruFocus considers B & S International Holdings to be Significantly Overvalued.

Key valuation signals for HKSE:01705:

  • Gross Margin %: 22.81% (near median its 10-year median of 21.89)
  • GF Value™: HK$0.35 vs. price of HK$0.89 (152.9% above fair value)
  • GF Score™: 53/100 with 7 warning signs
  • Industry Position: 5.6% below the Retail - Defensive median (#164 of 304)

No single metric tells the full story. See the HKSE:01705 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


B & S International Holdings Business Description

Address 7 Ko Fai Road, Yau Tong, Unit 01, 11th Floor, Block A, Ko Fai Industrial Building, Kowloon, Hong Kong, HKG
B & S International Holdings Ltd is a food and beverage company. The group has two business segments, namely the Distribution business which distributes and markets a diversified portfolio of overseas branded food and beverage products to main retailers such as supermarkets, pharmacies, convenience stores, and department store chains in Hong Kong, and the Retail business. that prepares and sells overseas branded food and beverage products at the company's self-operated retail outlets in Hong Kong. The company earns the majority of its revenue from the Distribution business. Geographically, the company generates revenue from Hong Kong.
53GF Score

Get the complete analysis for HKSE:01705

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

HK$0.89
Price
HK$0.35
GF Value