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Zero2IPO HoldingsHKSE:01945 -0.66%87 Gross Margin % is 57.45% as of Dec. 2025, which is 31% above its 10-year median of 43.96. GuruFocus rates HKSE:01945 with a GF Score™ of 87/100 and a GF Value™ of HK$1.63 (Fairly Valued). The stock has 2 warning signs investors should review. Among 68 Diversified Financial Services companies, Zero2IPO Holdings ranks better than 50% on this metric.
Zero2IPO Holdings Inc gross margin has been in long-term decline. The average rate of decline per year is -5.9%.
The historical rank and industry rank for Zero2IPO Holdings's Gross Margin % or its related term are showing as below:
HKSE:01945'
s Gross Margin % Range Over the Past 10 Years
Min: 34.8 Med: 43.96 Max: 58.04
Current: 46.7
During the past 9 years, the highestGross Margin % of Zero2IPO Holdings was 58.04%. The lowest was 34.80%. And the median was 43.96%.
HKSE:01945's Gross Margin % is ranked better than 50% of 68
companies
in the Diversified Financial Services industry
Industry Median: 44.42
vs HKSE:01945: 46.70
Zero2IPO Holdings had a gross margin of 57.45% for the quarter that ended in Dec. 2025 => Durable competitive advantage
The 5-Year average Growth Rate of Gross Margin for Zero2IPO Holdings was -5.90% per year.
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
Zero2IPO Holdings had a gross margin of 57.45% for the quarter that ended in Dec. 2025 => 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.
Zero2IPO Holdings Gross Margin % Related Terms
Zero2IPO Holdings Gross Margin % Historical Data
* Premium members only.
The historical data trend for Zero2IPO 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.
HKSE:01945 vs FRHC, VOYA: Gross Margin % Comparison
For the Financial Conglomerates subindustry, Zero2IPO 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.
Zero2IPO Holdings Gross Margin % vs Diversified Financial Services Industry
For the Diversified Financial Services industry and Financial Services sector, Zero2IPO Holdings's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Zero2IPO Holdings's Gross Margin % falls into.
* 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.
Zero2IPO Holdings (HKSE:01945) has a Gross Margin % of 57.45% as of Dec. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on Zero2IPO Holdings and its competitors. This is 31% above median its historical median of 43.96. Over the past decade, Zero2IPO Holdings' Gross Margin % has ranged from 34.80 to 58.04. According to the industry distribution chart, Zero2IPO Holdings ranks #34 out of 68 companies in the Diversified Financial Services industry, placing it in the top 50%.
Is Zero2IPO Holdings' Gross Margin % too high?
Zero2IPO Holdings' current Gross Margin % of 57.45% is 31% above median its 10-year median of 43.96. Over the past 10 years, this metric has ranged from a low of 34.80 to a high of 58.04. The Diversified Financial Services industry median Gross Margin % is 44.42. Zero2IPO Holdings' value of 57.45% is 29.3% above this industry median. Based on the distribution chart, Zero2IPO Holdings ranks #34 out of 68 companies in the Diversified Financial Services industry, which is above the industry midpoint. Overall, Zero2IPO Holdings has a GF Score™ of 87/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Zero2IPO Holdings' Gross Margin % compare to FRHC and VOYA?
According to the Diversified Financial Services industry distribution chart, Zero2IPO Holdings ranks #34 out of 68 companies for Gross Margin %. This puts Zero2IPO Holdings in the upper half of its industry. The industry median Gross Margin % is 44.42. Zero2IPO Holdings' value of 57.45% is 29.3% above this benchmark. Historically, Zero2IPO Holdings' own Gross Margin % has ranged from 34.80 to 58.04 over the past decade. While the company's 10-year median is 43.96 vs. the industry median of 44.42, Zero2IPO Holdings 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. Zero2IPO Holdings's current Gross Margin % of 57.45% is 29.3% 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 Zero2IPO Holdings 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. Zero2IPO Holdings's current Gross Margin % is 57.45%, which is 31% above median its own 10-year median of 43.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zero2IPO Holdings stock overvalued right now?
Based on GuruFocus' analysis, Zero2IPO Holdings (HKSE:01945) is currently considered Fairly Valued. The stock's GF Value™ is HK$1.63, compared to a current price of HK$1.51 — trading 7.4% below its estimated fair value. The current Gross Margin % is 57.45%, which is 31% above median its 10-year median of 43.96 and 29.3% above the Diversified Financial Services industry median of 44.42. Zero2IPO Holdings' overall GF Score™ is 87/100 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 Zero2IPO Holdings (HKSE:01945), the current Gross Margin % is 57.45% 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 Zero2IPO Holdings (HKSE:01945) Overvalued in 2026?
Based on GuruFocus' analysis, Zero2IPO Holdings stock appears to be undervalued.
The current stock price of HK$1.51 is trading 7.4% below its estimated GF Value™ of HK$1.63.
GuruFocus considers Zero2IPO Holdings to be Fairly Valued.
Key valuation signals for HKSE:01945:
Gross Margin %: 57.45% (31% above median its 10-year median of 43.96)
GF Value™: HK$1.63 vs. price of HK$1.51 (7.4% below fair value)
Industry Position: 29.3% above the Diversified Financial Services median (#34 of 68)
No single metric tells the full story. See the HKSE:01945 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Zero2IPO Holdings Inc is an integrated service platform for the equity investment industry. It provides data, marketing, consulting, and training services to participants in the equity investment industry. Its segment includes Data services that focus on providing information data and research reports; Marketing services that focuses on providing information, industry exchanges, and brand promotion; Investment Banking Services for the venture capital industry; Training services that focus on talent training in the venture capital industry and provide professional entrepreneurship and investment training services. The majority of the revenue comes from the Investment Banking Services. Geographically, the company generates almost all of its revenue from PRC.
87GF Score
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