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Tian Chang Group HoldingsHKSE:02182 50 Gross Margin % is 22.62% as of Dec. 2025, which is 1% below its 10-year median of 22.90. GuruFocus rates HKSE:02182 with a GF Score™ of 50/100 and a GF Value™ of HK$0.27 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 506 Conglomerates companies, Tian Chang Group Holdings ranks worse than 62.45% on this metric.
Tian Chang Group Holdings (HKSE:02182) 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 Chang Group Holdings had a gross margin of 22.62% 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.
Tian Chang Group Holdings Gross Margin % Related Terms
Tian Chang Group Holdings Gross Margin % Historical Data
* 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.
For the Conglomerates subindustry, Tian Chang Group 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.
Tian Chang Group Holdings Gross Margin % vs Conglomerates Industry
For the Conglomerates industry and Industrials sector, Tian Chang Group Holdings's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Tian Chang Group 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.
Tian Chang Group Holdings (HKSE:02182) has a Gross Margin % of 22.62% as of Dec. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on Tian Chang Group Holdings and its competitors. This is near median its historical median of 22.90. Over the past decade, Tian Chang Group Holdings' Gross Margin % has ranged from 19.49 to 25.05. According to the industry distribution chart, Tian Chang Group Holdings ranks #316 out of 506 companies in the Conglomerates industry, placing it in the top 62.5%.
Is Tian Chang Group Holdings' Gross Margin % too high?
Tian Chang Group Holdings' current Gross Margin % of 22.62% is near median its 10-year median of 22.90. Over the past 10 years, this metric has ranged from a low of 19.49 to a high of 25.05. The Conglomerates industry median Gross Margin % is 25.97. Tian Chang Group Holdings' value of 22.62% is 12.9% below this industry median. Based on the distribution chart, Tian Chang Group Holdings ranks #316 out of 506 companies in the Conglomerates industry, which is below the industry midpoint. Overall, Tian Chang Group Holdings has a GF Score™ of 50/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tian Chang Group Holdings' Gross Margin % compare to MMM and HON?
According to the Conglomerates industry distribution chart, Tian Chang Group Holdings ranks #316 out of 506 companies for Gross Margin %. This places Tian Chang Group Holdings in the lower half of its industry. The industry median Gross Margin % is 25.97. Tian Chang Group Holdings' value of 22.62% is 12.9% below this benchmark. Historically, Tian Chang Group Holdings' own Gross Margin % has ranged from 19.49 to 25.05 over the past decade. While the company's 10-year median is 22.90 vs. the industry median of 25.97, Tian Chang Group Holdings 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 Conglomerates company?
The median Gross Margin % among Conglomerates companies is 25.97, based on 506 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 Chang Group Holdings's current Gross Margin % of 22.62% is 12.9% 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 Tian Chang Group Holdings and its competitors. For the Conglomerates industry, the median Gross Margin % is 25.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tian Chang Group Holdings's current Gross Margin % is 22.62%, which is near median its own 10-year median of 22.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tian Chang Group Holdings stock overvalued right now?
Based on GuruFocus' analysis, Tian Chang Group Holdings (HKSE:02182) is currently considered Modestly Overvalued. The stock's GF Value™ is HK$0.27, compared to a current price of HK$0.32 — trading 16.7% above its estimated fair value. The current Gross Margin % is 22.62%, which is near median its 10-year median of 22.90 and 12.9% below the Conglomerates industry median of 25.97. Tian Chang Group Holdings' overall GF Score™ is 50/100 with 3 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 Chang Group Holdings (HKSE:02182), the current Gross Margin % is 22.62% 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 Tian Chang Group Holdings (HKSE:02182) Overvalued in 2026?
Based on GuruFocus' analysis, Tian Chang Group Holdings stock appears to be overvalued.
The current stock price of HK$0.32 is trading 16.7% above its estimated GF Value™ of HK$0.27.
GuruFocus considers Tian Chang Group Holdings to be Modestly Overvalued.
Key valuation signals for HKSE:02182:
Gross Margin %: 22.62% (near median its 10-year median of 22.90)
GF Value™: HK$0.27 vs. price of HK$0.32 (16.7% above fair value)
Industry Position: 12.9% below the Conglomerates median (#316 of 506)
No single metric tells the full story. See the HKSE:02182 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tian Chang Group Holdings Ltd is principally engaged in the manufacturing and sales of electronic cigarette products and providing integrated plastic solutions in Hong Kong and the PRC. It operates in the segments of the Integrated plastic solutions segment, the Electronic cigarette products segment, and the Medical consumable products segment. The E-cigarette products segment involves the manufacture and sales of e-cigarette products, whereas the Integrated plastic solutions segment consists of the manufacture and sales of moulds and plastic products. The company derives key revenue from the PRC.
50GF Score
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