China Gas Industry Investment Holdings Co (HKSE:01940) Gross Margin %: 25.45% (As of Dec. 2025) — 14% Above Median

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HKSE:01940 China Gas Industry Investment Holdings Co Ltd HKSE:01940
65 GF Score
Price HK$1.09
GF Value HK$0.53
Valuation Significantly Overvalued
! 2 Warning Signs
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What is China Gas Industry Investment Holdings Co Gross Margin %?

China Gas Industry Investment Holdings Co HKSE:01940 65 Gross Margin % is 25.45% as of Dec. 2025, which is 14% above its 10-year median of 22.27. GuruFocus rates HKSE:01940 with a GF Score™ of 65/100 and a GF Value™ of HK$0.53 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 486 Utilities - Regulated companies, China Gas Industry Investment Holdings Co ranks worse than 59.67% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. China Gas Industry Investment Holdings Co's Gross Profit for the six months ended in Dec. 2025 was HK$233 Mil. China Gas Industry Investment Holdings Co's Revenue for the six months ended in Dec. 2025 was HK$914 Mil. Therefore, China Gas Industry Investment Holdings Co's Gross Margin % for the quarter that ended in Dec. 2025 was 25.45%.


The historical rank and industry rank for China Gas Industry Investment Holdings Co's Gross Margin % or its related term are showing as below:

HKSE:01940' s Gross Margin % Range Over the Past 10 Years
Min: 16.35   Med: 22.27   Max: 24.79
Current: 24.79


During the past 9 years, the highest Gross Margin % of China Gas Industry Investment Holdings Co was 24.79%. The lowest was 16.35%. And the median was 22.27%.

HKSE:01940's Gross Margin % is ranked worse than
59.67% of 486 companies
in the Utilities - Regulated industry
Industry Median: 30.425 vs HKSE:01940: 24.79

China Gas Industry Investment Holdings Co had a gross margin of 25.45% for the quarter that ended in Dec. 2025 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for China Gas Industry Investment Holdings Co was 2.60% per year.


China Gas Industry Investment Holdings Co  (HKSE:01940) 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

China Gas Industry Investment Holdings Co had a gross margin of 25.45% for the quarter that ended in Dec. 2025 => 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.


China Gas Industry Investment Holdings Co Gross Margin % Related Terms


China Gas Industry Investment Holdings Co Gross Margin % Historical Data

* Premium members only.

The historical data trend for China Gas Industry Investment Holdings 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.

China Gas Industry Investment Holdings Co Gross Margin % Chart

China Gas Industry Investment Holdings Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Gross Margin %
Get a 7-Day Free Trial Premium Member Only 20.52 23.07 22.27 24.00 24.78

China Gas Industry Investment Holdings Co Semi-Annual Data
Dec17 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 21.45 25.78 22.31 24.00 25.45

HKSE:01940 vs ATO, NI: Gross Margin % Comparison

For the Utilities - Regulated Gas subindustry, China Gas Industry Investment Holdings 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.


China Gas Industry Investment Holdings Co Gross Margin % vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, China Gas Industry Investment Holdings Co's Gross Margin % distribution charts can be found below:

* The bar in red indicates where China Gas Industry Investment Holdings Co's Gross Margin % falls into.


HKSE:01940
65GF Score
China Gas Industry Investment Holdings Co Ltd HKSE:01940
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

China Gas Industry Investment Holdings Co Gross Margin % Calculation

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

China Gas Industry Investment Holdings 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 )
=418.6 / 1689.253
=(Revenue - Cost of Goods Sold) / Revenue
=(1689.253 - 1270.615) / 1689.253
=24.78 %

China Gas Industry Investment Holdings 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 )
=232.6 / 913.892
=(Revenue - Cost of Goods Sold) / Revenue
=(913.892 - 681.337) / 913.892
=25.45 %

* 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 25.45% mean?
China Gas Industry Investment Holdings Co (HKSE:01940) has a Gross Margin % of 25.45% as of Dec. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on China Gas Industry Investment Holdings Co and its competitors. This is 14% above median its historical median of 22.27. Over the past decade, China Gas Industry Investment Holdings Co's Gross Margin % has ranged from 16.35 to 24.79. According to the industry distribution chart, China Gas Industry Investment Holdings Co ranks #290 out of 486 companies in the Utilities - Regulated industry, placing it in the top 59.7%.
Is China Gas Industry Investment Holdings Co's Gross Margin % too high?
China Gas Industry Investment Holdings Co's current Gross Margin % of 25.45% is 14% above median its 10-year median of 22.27. Over the past 10 years, this metric has ranged from a low of 16.35 to a high of 24.79. The Utilities - Regulated industry median Gross Margin % is 30.43. China Gas Industry Investment Holdings Co's value of 25.45% is 16.4% below this industry median. Based on the distribution chart, China Gas Industry Investment Holdings Co ranks #290 out of 486 companies in the Utilities - Regulated industry, which is below the industry midpoint. Overall, China Gas Industry Investment Holdings Co has a GF Score™ of 65/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does China Gas Industry Investment Holdings Co's Gross Margin % compare to ATO and NI?
According to the Utilities - Regulated industry distribution chart, China Gas Industry Investment Holdings Co ranks #290 out of 486 companies for Gross Margin %. This places China Gas Industry Investment Holdings Co in the lower half of its industry. The industry median Gross Margin % is 30.43. China Gas Industry Investment Holdings Co's value of 25.45% is 16.4% below this benchmark. Historically, China Gas Industry Investment Holdings Co's own Gross Margin % has ranged from 16.35 to 24.79 over the past decade. While the company's 10-year median is 22.27 vs. the industry median of 30.43, China Gas Industry Investment Holdings 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 an Utilities - Regulated company?
The median Gross Margin % among Utilities - Regulated companies is 30.43, based on 486 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. China Gas Industry Investment Holdings Co's current Gross Margin % of 25.45% is 16.4% 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 China Gas Industry Investment Holdings Co and its competitors. For the Utilities - Regulated industry, the median Gross Margin % is 30.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China Gas Industry Investment Holdings Co's current Gross Margin % is 25.45%, which is 14% above median its own 10-year median of 22.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Gas Industry Investment Holdings Co stock overvalued right now?
Based on GuruFocus' analysis, China Gas Industry Investment Holdings Co (HKSE:01940) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.53, compared to a current price of HK$1.09 — trading 105.7% above its estimated fair value. The current Gross Margin % is 25.45%, which is 14% above median its 10-year median of 22.27 and 16.4% below the Utilities - Regulated industry median of 30.43. China Gas Industry Investment Holdings Co's overall GF Score™ is 65/100 with 2 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 China Gas Industry Investment Holdings Co (HKSE:01940), the current Gross Margin % is 25.45% 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.

Is China Gas Industry Investment Holdings Co (HKSE:01940) Overvalued in 2026?

Based on GuruFocus' analysis, China Gas Industry Investment Holdings Co stock appears to be overvalued. The current stock price of HK$1.09 is trading 105.7% above its estimated GF Value™ of HK$0.53. GuruFocus considers China Gas Industry Investment Holdings Co to be Significantly Overvalued.

Key valuation signals for HKSE:01940:

  • Gross Margin %: 25.45% (14% above median its 10-year median of 22.27)
  • GF Value™: HK$0.53 vs. price of HK$1.09 (105.7% above fair value)
  • GF Score™: 65/100 with 2 warning signs
  • Industry Position: 16.4% below the Utilities - Regulated median (#290 of 486)

No single metric tells the full story. See the HKSE:01940 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


China Gas Industry Investment Holdings Co Business Description

Address No. 12 Yantai Road, Laoting Economic Development Zone, Hebei Province, Shijiazhuang, CHN
China Gas Industry Investment Holdings Co Ltd is a China-based industrial gas supplier principally engaged in the supply of pipeline industrial gas and liquefied industrial gas. The company also operates an LNG-related business, including the supply of LNG and the provision of gas transmission services. Its industrial gas products include oxygen, nitrogen, argon, hydrogen, and carbon dioxide, which are supplied to industrial end users. Its segments include the Supply of industrial gas; Liquefied natural gas (LNG) and gas transmission service; and Technical support and management services. It generates the majority of its revenue from the Supply of industrial gas segment.
65GF Score

Get the complete analysis for HKSE:01940

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

HK$1.09
Price
HK$0.53
GF Value