Landrich Holding (HKSE:02132) Gross Margin %: 5.88% (As of Sep. 2025) — 31% Below Median

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HKSE:02132 Landrich Holding Ltd HKSE:02132
68 GF Score
Price HK$0.17
GF Value HK$0.21
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Landrich Holding Gross Margin %?

Landrich Holding HKSE:02132 +1.23% 68 Gross Margin % is 5.88% as of Sep. 2025, which is 31% below its 10-year median of 8.54. GuruFocus rates HKSE:02132 with a GF Score™ of 68/100 and a GF Value™ of HK$0.21 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 1,725 Construction companies, Landrich Holding ranks worse than 91.65% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Landrich Holding's Gross Profit for the six months ended in Sep. 2025 was HK$27 Mil. Landrich Holding's Revenue for the six months ended in Sep. 2025 was HK$454 Mil. Therefore, Landrich Holding's Gross Margin % for the quarter that ended in Sep. 2025 was 5.88%.

Warning Sign:

Landrich Holding Ltd gross margin has been in long-term decline. The average rate of decline per year is -22.1%.


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

HKSE:02132' s Gross Margin % Range Over the Past 10 Years
Min: 3.12   Med: 8.54   Max: 12.89
Current: 4.9


During the past 11 years, the highest Gross Margin % of Landrich Holding was 12.89%. The lowest was 3.12%. And the median was 8.54%.

HKSE:02132's Gross Margin % is ranked worse than
91.65% of 1725 companies
in the Construction industry
Industry Median: 20.7 vs HKSE:02132: 4.90

Landrich Holding had a gross margin of 5.88% for the quarter that ended in Sep. 2025 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Landrich Holding was -22.10% per year.


Landrich Holding  (HKSE:02132) 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

Landrich Holding had a gross margin of 5.88% for the quarter that ended in Sep. 2025 => No sustainable 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.


Landrich Holding Gross Margin % Related Terms


Landrich Holding Gross Margin % Historical Data

* Premium members only.

The historical data trend for Landrich Holding'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.

Landrich Holding Gross Margin % Chart

Landrich Holding 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 8.73 7.49 5.93 3.12 4.90

Landrich Holding Semi-Annual Data
Mar16 Mar17 Mar18 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 4.05 1.80 4.47 5.88 4.21

HKSE:02132 vs PWR, FIX, EME: Gross Margin % Comparison

For the Engineering & Construction subindustry, Landrich Holding'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.


Landrich Holding Gross Margin % vs Construction Industry

For the Construction industry and Industrials sector, Landrich Holding's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Landrich Holding's Gross Margin % falls into.


HKSE:02132
68GF Score
Landrich Holding Ltd HKSE:02132
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Landrich Holding Gross Margin % Calculation

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

Landrich Holding's Gross Margin for the fiscal year that ended in Mar. 2025 is calculated as

Gross Margin % (A: Mar. 2025 )=Gross Profit (A: Mar. 2025 ) / Revenue (A: Mar. 2025 )
=40 / 1281.121
=(Revenue - Cost of Goods Sold) / Revenue
=(1281.121 - 1241.095) / 1281.121
=3.12 %

Landrich Holding's Gross Margin for the quarter that ended in Sep. 2025 is calculated as


Gross Margin % (Q: Sep. 2025 )=Gross Profit (Q: Sep. 2025 ) / Revenue (Q: Sep. 2025 )
=26.7 / 454.189
=(Revenue - Cost of Goods Sold) / Revenue
=(454.189 - 427.496) / 454.189
=5.88 %

* 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 5.88% mean?
Landrich Holding (HKSE:02132) has a Gross Margin % of 5.88% as of Sep. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on Landrich Holding and its competitors. This is 31% below median its historical median of 8.54. Over the past decade, Landrich Holding's Gross Margin % has ranged from 3.12 to 12.89. According to the industry distribution chart, Landrich Holding ranks #1581 out of 1725 companies in the Construction industry, placing it in the top 91.7%.
Is Landrich Holding's Gross Margin % too high?
Landrich Holding's current Gross Margin % of 5.88% is 31% below median its 10-year median of 8.54. Over the past 10 years, this metric has ranged from a low of 3.12 to a high of 12.89. The Construction industry median Gross Margin % is 20.70. Landrich Holding's value of 5.88% is 71.6% below this industry median. Based on the distribution chart, Landrich Holding ranks #1581 out of 1725 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, Landrich Holding has a GF Score™ of 68/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Landrich Holding's Gross Margin % compare to PWR and FIX?
According to the Construction industry distribution chart, Landrich Holding ranks #1581 out of 1725 companies for Gross Margin %. This places Landrich Holding in the lower half of its industry. The industry median Gross Margin % is 20.70. Landrich Holding's value of 5.88% is 71.6% below this benchmark. Historically, Landrich Holding's own Gross Margin % has ranged from 3.12 to 12.89 over the past decade. While the company's 10-year median is 8.54 vs. the industry median of 20.70, Landrich Holding 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 Construction company?
The median Gross Margin % among Construction companies is 20.70, based on 1,725 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. Landrich Holding's current Gross Margin % of 5.88% is 71.6% 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 Landrich Holding and its competitors. For the Construction industry, the median Gross Margin % is 20.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Landrich Holding's current Gross Margin % is 5.88%, which is 31% below median its own 10-year median of 8.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Landrich Holding stock overvalued right now?
Based on GuruFocus' analysis, Landrich Holding (HKSE:02132) is currently considered Modestly Undervalued. The stock's GF Value™ is HK$0.21, compared to a current price of HK$0.17 — trading 21.4% below its estimated fair value. The current Gross Margin % is 5.88%, which is 31% below median its 10-year median of 8.54 and 71.6% below the Construction industry median of 20.70. Landrich Holding's overall GF Score™ is 68/100 with 4 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 Landrich Holding (HKSE:02132), the current Gross Margin % is 5.88% as of Sep. 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 Landrich Holding (HKSE:02132) Overvalued in 2026?

Based on GuruFocus' analysis, Landrich Holding stock appears to be undervalued. The current stock price of HK$0.17 is trading 21.4% below its estimated GF Value™ of HK$0.21. GuruFocus considers Landrich Holding to be Modestly Undervalued.

Key valuation signals for HKSE:02132:

  • Gross Margin %: 5.88% (31% below median its 10-year median of 8.54)
  • GF Value™: HK$0.21 vs. price of HK$0.17 (21.4% below fair value)
  • GF Score™: 68/100 with 4 warning signs
  • Industry Position: 71.6% below the Construction median (#1581 of 1725)

No single metric tells the full story. See the HKSE:02132 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Landrich Holding Business Description

Address 362 Sha Tsui Road, Unit 6, 18th Floor, Fortune Commercial Building, Tsuen Wan, New Territories, Hong Kong, HKG
Landrich Holding Ltd is a construction company. It undertakes civil engineering works as either a main contractor or a subcontractor. The civil engineering projects can be broadly classified as roads and drainage works and site formation works. Further the company is also involved in the building works.
68GF Score

Get the complete analysis for HKSE:02132

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

HK$0.17
Price
HK$0.21
GF Value