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Tian Tu Capital CoHKSE:01973 15 Gross Margin % is 95.45% as of Dec. 2025, which is 13% above its 10-year median of 84.58. GuruFocus rates HKSE:01973 with a GF Score™ of 15/100. The stock has 5 warning signs investors should review. Among 553 Asset Management companies, Tian Tu Capital Co ranks worse than 93.31% on this metric.
Tian Tu Capital Co (HKSE:01973) 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
Tian Tu Capital Co had a gross margin of 95.45% 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.
Tian Tu Capital Co Gross Margin % Related Terms
Tian Tu Capital Co Gross Margin % Historical Data
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The historical data trend for Tian Tu Capital 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.
HKSE:01973 vs BLK, BX, KKR: Gross Margin % Comparison
For the Asset Management subindustry, Tian Tu Capital 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.
Tian Tu Capital Co Gross Margin % vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Tian Tu Capital Co's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Tian Tu Capital Co'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.
Tian Tu Capital Co (HKSE:01973) has a Gross Margin % of 95.45% as of Dec. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on Tian Tu Capital Co and its competitors. This is 13% above median its historical median of 84.58. According to the industry distribution chart, Tian Tu Capital Co ranks #516 out of 553 companies in the Asset Management industry, placing it in the top 93.3%.
Is Tian Tu Capital Co's Gross Margin % too high?
Tian Tu Capital Co's current Gross Margin % of 95.45% is 13% above median its 10-year median of 84.58. The Asset Management industry median Gross Margin % is 56.73. Tian Tu Capital Co's value of 95.45% is 68.3% above this industry median. Based on the distribution chart, Tian Tu Capital Co ranks #516 out of 553 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, Tian Tu Capital Co has a GF Score™ of 15/100, reflecting its overall financial health beyond just this single metric.
How does Tian Tu Capital Co's Gross Margin % compare to BLK and BX?
According to the Asset Management industry distribution chart, Tian Tu Capital Co ranks #516 out of 553 companies for Gross Margin %. This places Tian Tu Capital Co in the lower half of its industry. The industry median Gross Margin % is 56.73. Tian Tu Capital Co's value of 95.45% is 68.3% above this benchmark. While the company's 10-year median is 84.58 vs. the industry median of 56.73, Tian Tu Capital Co 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 an Asset Management company?
The median Gross Margin % among Asset Management companies is 56.73, based on 553 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. Tian Tu Capital Co's current Gross Margin % of 95.45% is 68.3% 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 Tian Tu Capital Co and its competitors. For the Asset Management industry, the median Gross Margin % is 56.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tian Tu Capital Co's current Gross Margin % is 95.45%, which is 13% above median its own 10-year median of 84.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tian Tu Capital Co stock overvalued right now?
Tian Tu Capital Co (HKSE:01973) has a current Gross Margin % of 95.45%. The current Gross Margin % is 95.45%, which is 13% above median its 10-year median of 84.58 and 68.3% above the Asset Management industry median of 56.73. Tian Tu Capital Co's overall GF Score™ is 15/100 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 Tian Tu Capital Co (HKSE:01973), the current Gross Margin % is 95.45% 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.
Tian Tu Capital Co Ltd is a private equity investor and fund manager specializing in the consumer sector in China. The company manages capital for institutional investors and high-net-worth individuals, and makes investments through its funds under management and directly using its capital. The majority of the company's revenue from external customers is derived in the People's Republic of China based on the geographical location of the management team of the funds managed for Private Equity Investment. The company derives its revenue from the provision of Private Equity Investment fund management services.
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