Ling Yue Services Group (HKSE:02165) Gross Margin %: 31.58% (As of Dec. 2025) — Near Median

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HKSE:02165 Ling Yue Services Group Ltd HKSE:02165
81 GF Score
Price HK$1.63
GF Value HK$1.41
Valuation Modestly Overvalued
! 2 Warning Signs
View Full Analysis

What is Ling Yue Services Group Gross Margin %?

Ling Yue Services Group HKSE:02165 81 Gross Margin % is 31.58% as of Dec. 2025, which is 6% above its 10-year median of 29.78. GuruFocus rates HKSE:02165 with a GF Score™ of 81/100 and a GF Value™ of HK$1.41 (Modestly Overvalued). The stock has 2 warning signs investors should review. Among 1,641 Real Estate companies, Ling Yue Services Group ranks worse than 58.5% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Ling Yue Services Group's Gross Profit for the six months ended in Dec. 2025 was HK$119.8 Mil. Ling Yue Services Group's Revenue for the six months ended in Dec. 2025 was HK$379.5 Mil. Therefore, Ling Yue Services Group's Gross Margin % for the quarter that ended in Dec. 2025 was 31.58%.

Warning Sign:

Ling Yue Services Group Ltd gross margin has been in long-term decline. The average rate of decline per year is -1.3%.


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

HKSE:02165' s Gross Margin % Range Over the Past 10 Years
Min: 26.92   Med: 29.78   Max: 33.82
Current: 30.64


During the past 8 years, the highest Gross Margin % of Ling Yue Services Group was 33.82%. The lowest was 26.92%. And the median was 29.78%.

HKSE:02165's Gross Margin % is ranked worse than
58.5% of 1641 companies
in the Real Estate industry
Industry Median: 36.36 vs HKSE:02165: 30.64

Ling Yue Services Group had a gross margin of 31.58% for the quarter that ended in Dec. 2025 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Ling Yue Services Group was -1.30% per year.


Ling Yue Services Group  (HKSE:02165) 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

Ling Yue Services Group had a gross margin of 31.58% 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.


Ling Yue Services Group Gross Margin % Related Terms


Ling Yue Services Group Gross Margin % Historical Data

* Premium members only.

The historical data trend for Ling Yue Services 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.

Ling Yue Services Group Gross Margin % Chart

Ling Yue Services Group Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Gross Margin %
Get a 7-Day Free Trial 28.66 28.93 31.97 28.11 30.63

Ling Yue Services Group Semi-Annual Data
Dec18 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 30.00 31.78 24.72 29.62 31.58

HKSE:02165 vs CBRE, BEKE, JLL: Gross Margin % Comparison

For the Real Estate Services subindustry, Ling Yue Services 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.


Ling Yue Services Group Gross Margin % vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Ling Yue Services Group's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Ling Yue Services Group's Gross Margin % falls into.


HKSE:02165
81GF Score
Ling Yue Services Group Ltd HKSE:02165
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ling Yue Services Group Gross Margin % Calculation

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

Ling Yue Services Group'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 )
=224.9 / 734.058
=(Revenue - Cost of Goods Sold) / Revenue
=(734.058 - 509.199) / 734.058
=30.63 %

Ling Yue Services Group'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 )
=119.8 / 379.485
=(Revenue - Cost of Goods Sold) / Revenue
=(379.485 - 259.642) / 379.485
=31.58 %

* 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 31.58% mean?
Ling Yue Services Group (HKSE:02165) has a Gross Margin % of 31.58% as of Dec. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on Ling Yue Services Group and its competitors. This is near median its historical median of 29.78. Over the past decade, Ling Yue Services Group's Gross Margin % has ranged from 26.92 to 33.82. According to the industry distribution chart, Ling Yue Services Group ranks #960 out of 1641 companies in the Real Estate industry, placing it in the top 58.5%.
Is Ling Yue Services Group's Gross Margin % too high?
Ling Yue Services Group's current Gross Margin % of 31.58% is near median its 10-year median of 29.78. Over the past 10 years, this metric has ranged from a low of 26.92 to a high of 33.82. The Real Estate industry median Gross Margin % is 36.36. Ling Yue Services Group's value of 31.58% is 13.1% below this industry median. Based on the distribution chart, Ling Yue Services Group ranks #960 out of 1641 companies in the Real Estate industry, which is below the industry midpoint. Overall, Ling Yue Services Group has a GF Score™ of 81/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ling Yue Services Group's Gross Margin % compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Ling Yue Services Group ranks #960 out of 1641 companies for Gross Margin %. This places Ling Yue Services Group in the lower half of its industry. The industry median Gross Margin % is 36.36. Ling Yue Services Group's value of 31.58% is 13.1% below this benchmark. Historically, Ling Yue Services Group's own Gross Margin % has ranged from 26.92 to 33.82 over the past decade. While the company's 10-year median is 29.78 vs. the industry median of 36.36, Ling Yue Services Group 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 Real Estate company?
The median Gross Margin % among Real Estate companies is 36.36, based on 1,641 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. Ling Yue Services Group's current Gross Margin % of 31.58% is 13.1% 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 Ling Yue Services Group and its competitors. For the Real Estate industry, the median Gross Margin % is 36.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ling Yue Services Group's current Gross Margin % is 31.58%, which is near median its own 10-year median of 29.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ling Yue Services Group stock overvalued right now?
Based on GuruFocus' analysis, Ling Yue Services Group (HKSE:02165) is currently considered Modestly Overvalued. The stock's GF Value™ is HK$1.41, compared to a current price of HK$1.63 — trading 15.2% above its estimated fair value. The current Gross Margin % is 31.58%, which is near median its 10-year median of 29.78 and 13.1% below the Real Estate industry median of 36.36. Ling Yue Services Group's overall GF Score™ is 81/100 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 Ling Yue Services Group (HKSE:02165), the current Gross Margin % is 31.58% 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 Ling Yue Services Group (HKSE:02165) Overvalued in 2026?

Based on GuruFocus' analysis, Ling Yue Services Group stock appears to be overvalued. The current stock price of HK$1.63 is trading 15.2% above its estimated GF Value™ of HK$1.41. GuruFocus considers Ling Yue Services Group to be Modestly Overvalued.

Key valuation signals for HKSE:02165:

  • Gross Margin %: 31.58% (near median its 10-year median of 29.78)
  • GF Value™: HK$1.41 vs. price of HK$1.63 (15.2% above fair value)
  • GF Score™: 81/100 with 2 warning signs
  • Industry Position: 13.1% below the Real Estate median (#960 of 1641)

No single metric tells the full story. See the HKSE:02165 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ling Yue Services Group Business Description

Address No. 151, 2nd Tianfu Street, 44th Floor, Tower A, Leading International Finance Center, Gaoxin District, Sichuan Province, Chengdu, CHN, 610000
Ling Yue Services Group Ltd is a property management company. The business of the company covers residential property services, commercial property services, urban services, public construction services, and others. The Group's revenue is derived from three core businesses namely property management services; value-added services to non-property owners; and community value-added services. The majority of revenue is derived from the property management services segment.
81GF Score

Get the complete analysis for HKSE:02165

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

HK$1.63
Price
HK$1.41
GF Value