Lygend Resources & Technology Co (HKSE:02245) Gross Margin %: 18.72% (As of Dec. 2025) — 17% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

HKSE:02245 Lygend Resources & Technology Co Ltd HKSE:02245
88 GF Score
Price HK$14.75
GF Value HK$16.81
Valuation Modestly Undervalued
! 3 Warning Signs
View Full Analysis

What is Lygend Resources & Technology Co Gross Margin %?

Lygend Resources & Technology Co HKSE:02245 -1.01% 88 Gross Margin % is 18.72% as of Dec. 2025, which is 17% above its 10-year median of 16.06. GuruFocus rates HKSE:02245 with a GF Score™ of 88/100 and a GF Value™ of HK$16.81 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 730 Metals & Mining companies, Lygend Resources & Technology Co ranks worse than 59.45% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Lygend Resources & Technology Co's Gross Profit for the six months ended in Dec. 2025 was HK$4,568 Mil. Lygend Resources & Technology Co's Revenue for the six months ended in Dec. 2025 was HK$24,407 Mil. Therefore, Lygend Resources & Technology Co's Gross Margin % for the quarter that ended in Dec. 2025 was 18.72%.


The historical rank and industry rank for Lygend Resources & Technology Co's Gross Margin % or its related term are showing as below:

HKSE:02245' s Gross Margin % Range Over the Past 10 Years
Min: 10.89   Med: 16.06   Max: 24.57
Current: 19.17


During the past 7 years, the highest Gross Margin % of Lygend Resources & Technology Co was 24.57%. The lowest was 10.89%. And the median was 16.06%.

HKSE:02245's Gross Margin % is ranked worse than
59.45% of 730 companies
in the Metals & Mining industry
Industry Median: 26.205 vs HKSE:02245: 19.17

Lygend Resources & Technology Co had a gross margin of 18.72% for the quarter that ended in Dec. 2025 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Lygend Resources & Technology Co was 9.00% per year.


Lygend Resources & Technology Co  (HKSE:02245) 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

Lygend Resources & Technology Co had a gross margin of 18.72% for the quarter that ended in Dec. 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.


Lygend Resources & Technology Co Gross Margin % Related Terms


Lygend Resources & Technology Co Gross Margin % Historical Data

* Premium members only.

The historical data trend for Lygend Resources & Technology 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.

Lygend Resources & Technology Co Gross Margin % Chart

Lygend Resources & Technology Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Gross Margin %
Get a 7-Day Free Trial 12.18 24.57 16.06 18.31 19.17

Lygend Resources & Technology Co Semi-Annual Data
Dec19 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 15.41 16.80 19.20 19.73 18.72

Lygend Resources & Technology Co Gross Margin % Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Lygend Resources & Technology 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.


Lygend Resources & Technology Co Gross Margin % vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Lygend Resources & Technology Co's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Lygend Resources & Technology Co's Gross Margin % falls into.


HKSE:02245
88GF Score
Lygend Resources & Technology Co Ltd HKSE:02245
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Lygend Resources & Technology Co Gross Margin % Calculation

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

Lygend Resources & Technology Co'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 )
=8523.1 / 44453.903
=(Revenue - Cost of Goods Sold) / Revenue
=(44453.903 - 35930.809) / 44453.903
=19.17 %

Lygend Resources & Technology Co'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 )
=4568.2 / 24406.947
=(Revenue - Cost of Goods Sold) / Revenue
=(24406.947 - 19838.765) / 24406.947
=18.72 %

* 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 18.72% mean?
Lygend Resources & Technology Co (HKSE:02245) has a Gross Margin % of 18.72% as of Dec. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on Lygend Resources & Technology Co and its competitors. This is 17% above median its historical median of 16.06. Over the past decade, Lygend Resources & Technology Co's Gross Margin % has ranged from 10.89 to 24.57. According to the industry distribution chart, Lygend Resources & Technology Co ranks #434 out of 730 companies in the Metals & Mining industry, placing it in the top 59.5%.
Is Lygend Resources & Technology Co's Gross Margin % too high?
Lygend Resources & Technology Co's current Gross Margin % of 18.72% is 17% above median its 10-year median of 16.06. Over the past 10 years, this metric has ranged from a low of 10.89 to a high of 24.57. The Metals & Mining industry median Gross Margin % is 26.21. Lygend Resources & Technology Co's value of 18.72% is 28.6% below this industry median. Based on the distribution chart, Lygend Resources & Technology Co ranks #434 out of 730 companies in the Metals & Mining industry, which is below the industry midpoint. Overall, Lygend Resources & Technology Co has a GF Score™ of 88/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Lygend Resources & Technology Co's Gross Margin % compare to competitors?
According to the Metals & Mining industry distribution chart, Lygend Resources & Technology Co ranks #434 out of 730 companies for Gross Margin %. This places Lygend Resources & Technology Co in the lower half of its industry. The industry median Gross Margin % is 26.21. Lygend Resources & Technology Co's value of 18.72% is 28.6% below this benchmark. Historically, Lygend Resources & Technology Co's own Gross Margin % has ranged from 10.89 to 24.57 over the past decade. While the company's 10-year median is 16.06 vs. the industry median of 26.21, Lygend Resources & Technology Co 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 Metals & Mining company?
The median Gross Margin % among Metals & Mining companies is 26.21, based on 730 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. Lygend Resources & Technology Co's current Gross Margin % of 18.72% is 28.6% 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 Lygend Resources & Technology Co and its competitors. For the Metals & Mining industry, the median Gross Margin % is 26.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lygend Resources & Technology Co's current Gross Margin % is 18.72%, which is 17% above median its own 10-year median of 16.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lygend Resources & Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Lygend Resources & Technology Co (HKSE:02245) is currently considered Modestly Undervalued. The stock's GF Value™ is HK$16.81, compared to a current price of HK$14.75 — trading 12.3% below its estimated fair value. The current Gross Margin % is 18.72%, which is 17% above median its 10-year median of 16.06 and 28.6% below the Metals & Mining industry median of 26.21. Lygend Resources & Technology Co's overall GF Score™ is 88/100 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 Lygend Resources & Technology Co (HKSE:02245), the current Gross Margin % is 18.72% 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 Lygend Resources & Technology Co (HKSE:02245) Overvalued in 2026?

Based on GuruFocus' analysis, Lygend Resources & Technology Co stock appears to be undervalued. The current stock price of HK$14.75 is trading 12.3% below its estimated GF Value™ of HK$16.81. GuruFocus considers Lygend Resources & Technology Co to be Modestly Undervalued.

Key valuation signals for HKSE:02245:

  • Gross Margin %: 18.72% (17% above median its 10-year median of 16.06)
  • GF Value™: HK$16.81 vs. price of HK$14.75 (12.3% below fair value)
  • GF Score™: 88/100 with 3 warning signs
  • Industry Position: 28.6% below the Metals & Mining median (#434 of 730)

No single metric tells the full story. See the HKSE:02245 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Lygend Resources & Technology Co Business Description

Address Lane 299 Guanghua Road, 10th-11th Floor, Building C10, R&D Park, Yinzhou District, Zhejiang Province, Ningbo, CHN, 315000
Lygend Resources & Technology Co Ltd is engaged in both trading and producing nickel products. The company has a comprehensive product and service portfolio covering multiple areas across the nickel industry value chain, from upstream sourcing of nickel resources, trading and production of nickel products, to equipment manufacturing and sale. Its products are widely used in various downstream sectors, including the NEV and stainless steel industries. Geographically, the company generates a majority of its revenue from Mainland China and the rest from other regions.
88GF Score

Get the complete analysis for HKSE:02245

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

HK$14.75
Price
HK$16.81
GF Value