DL Holdings Group (HKSE:01709) Gross Margin %: 93.60% (As of Mar. 2026) — 71% Above Median

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HKSE:01709 DL Holdings Group Ltd HKSE:01709
52 GF Score
Price HK$1.03
GF Value HK$5.39
Valuation Possible Value Trap
! 5 Warning Signs
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What is DL Holdings Group Gross Margin %?

DL Holdings Group HKSE:01709 +3.00% 52 Gross Margin % is 93.60% as of Mar. 2026, which is 71% above its 10-year median of 54.80. GuruFocus rates HKSE:01709 with a GF Score™ of 52/100 and a GF Value™ of HK$5.39 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 68 Diversified Financial Services companies, DL Holdings Group ranks better than 80.88% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. DL Holdings Group's Gross Profit for the six months ended in Mar. 2026 was HK$192.1 Mil. DL Holdings Group's Revenue for the six months ended in Mar. 2026 was HK$205.2 Mil. Therefore, DL Holdings Group's Gross Margin % for the quarter that ended in Mar. 2026 was 93.60%.


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

HKSE:01709' s Gross Margin % Range Over the Past 10 Years
Min: 11.21   Med: 54.8   Max: 82.67
Current: 82.67


During the past 12 years, the highest Gross Margin % of DL Holdings Group was 82.67%. The lowest was 11.21%. And the median was 54.80%.

HKSE:01709's Gross Margin % is ranked better than
80.88% of 68 companies
in the Diversified Financial Services industry
Industry Median: 44.42 vs HKSE:01709: 82.67

DL Holdings Group had a gross margin of 93.60% for the quarter that ended in Mar. 2026 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for DL Holdings Group was 8.30% per year.


DL Holdings Group  (HKSE:01709) 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

DL Holdings Group had a gross margin of 93.60% for the quarter that ended in Mar. 2026 => Durable 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.


DL Holdings Group Gross Margin % Related Terms


DL Holdings Group Gross Margin % Historical Data

* Premium members only.

The historical data trend for DL Holdings 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.

DL Holdings Group Gross Margin % Chart

DL Holdings 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 55.88 53.71 64.47 73.24 82.67

DL Holdings 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 78.73 74.97 71.90 63.73 93.60

HKSE:01709 vs FRHC, VOYA: Gross Margin % Comparison

For the Financial Conglomerates subindustry, DL Holdings 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.


DL Holdings Group Gross Margin % vs Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, DL Holdings Group's Gross Margin % distribution charts can be found below:

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


HKSE:01709
52GF Score
DL Holdings Group Ltd HKSE:01709
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

DL Holdings Group Gross Margin % Calculation

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

DL Holdings 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 )
=267.6 / 323.685
=(Revenue - Cost of Goods Sold) / Revenue
=(323.685 - 56.107) / 323.685
=82.67 %

DL Holdings 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 )
=192.1 / 205.231
=(Revenue - Cost of Goods Sold) / Revenue
=(205.231 - 13.14) / 205.231
=93.60 %

* 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 93.60% mean?
DL Holdings Group (HKSE:01709) has a Gross Margin % of 93.60% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on DL Holdings Group and its competitors. This is 71% above median its historical median of 54.80. Over the past decade, DL Holdings Group's Gross Margin % has ranged from 11.21 to 82.67. According to the industry distribution chart, DL Holdings Group ranks #13 out of 68 companies in the Diversified Financial Services industry, placing it in the top 19.1%.
Is DL Holdings Group's Gross Margin % too high?
DL Holdings Group's current Gross Margin % of 93.60% is 71% above median its 10-year median of 54.80. Over the past 10 years, this metric has ranged from a low of 11.21 to a high of 82.67. The Diversified Financial Services industry median Gross Margin % is 44.42. DL Holdings Group's value of 93.60% is 110.7% above this industry median. Based on the distribution chart, DL Holdings Group ranks #13 out of 68 companies in the Diversified Financial Services industry, which is in the top quartile — a strong position relative to peers. Overall, DL Holdings Group has a GF Score™ of 52/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does DL Holdings Group's Gross Margin % compare to FRHC and VOYA?
According to the Diversified Financial Services industry distribution chart, DL Holdings Group ranks #13 out of 68 companies for Gross Margin %. This places DL Holdings Group in the top 19% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 44.42. DL Holdings Group's value of 93.60% is 110.7% above this benchmark. Historically, DL Holdings Group's own Gross Margin % has ranged from 11.21 to 82.67 over the past decade. While the company's 10-year median is 54.80 vs. the industry median of 44.42, DL Holdings Group has consistently been above 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 Diversified Financial Services company?
The median Gross Margin % among Diversified Financial Services companies is 44.42, based on 68 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. DL Holdings Group's current Gross Margin % of 93.60% is 110.7% above 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 DL Holdings Group and its competitors. For the Diversified Financial Services industry, the median Gross Margin % is 44.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. DL Holdings Group's current Gross Margin % is 93.60%, which is 71% above median its own 10-year median of 54.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is DL Holdings Group stock overvalued right now?
Based on GuruFocus' analysis, DL Holdings Group (HKSE:01709) is currently considered Possible Value Trap. The stock's GF Value™ is HK$5.39, compared to a current price of HK$1.03 — trading 80.9% below its estimated fair value. The current Gross Margin % is 93.60%, which is 71% above median its 10-year median of 54.80 and 110.7% above the Diversified Financial Services industry median of 44.42. DL Holdings Group's overall GF Score™ is 52/100 with 5 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 DL Holdings Group (HKSE:01709), the current Gross Margin % is 93.60% 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 DL Holdings Group (HKSE:01709) Overvalued in 2026?

Based on GuruFocus' analysis, DL Holdings Group stock appears to be undervalued. The current stock price of HK$1.03 is trading 80.9% below its estimated GF Value™ of HK$5.39. GuruFocus considers DL Holdings Group to be Possible Value Trap.

Key valuation signals for HKSE:01709:

  • Gross Margin %: 93.60% (71% above median its 10-year median of 54.80)
  • GF Value™: HK$5.39 vs. price of HK$1.03 (80.9% below fair value)
  • GF Score™: 52/100 with 5 warning signs
  • Industry Position: 110.7% above the Diversified Financial Services median (#13 of 68)

No single metric tells the full story. See the HKSE:01709 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


DL Holdings Group Business Description

Address 28 Heung Yip Road, Room 2902, 29th Floor, Vertical Square, Wong Chuk Hang, Hong Kong, HKG
DL Holdings Group Ltd is an investment holding company. It operates in given segments that include Sales of apparel products, Financial services of the licensed business, Family office services business, Money lending services and Enterprise solutions services, Sales of apparel products. The company generates the majority of its revenue from Financial services which include the provision of financial advisory services; securities research services; securities trading and brokerage services; margin financing services; referral services; and investment management and advisory services to the customers.
52GF Score

Get the complete analysis for HKSE:01709

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

HK$1.03
Price
HK$5.39
GF Value