Steve Leung Design Group (HKSE:02262) Gross Margin %: 38.72% (As of Dec. 2025) — Near Median

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HKSE:02262 Steve Leung Design Group Ltd HKSE:02262
52 GF Score
Price HK$0.45
GF Value HK$0.19
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is Steve Leung Design Group Gross Margin %?

Steve Leung Design Group HKSE:02262 -1.10% 52 Gross Margin % is 38.72% as of Dec. 2025, which is 5% below its 10-year median of 40.72. GuruFocus rates HKSE:02262 with a GF Score™ of 52/100 and a GF Value™ of HK$0.19 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 1,729 Construction companies, Steve Leung Design Group ranks better than 81.67% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Steve Leung Design Group's Gross Profit for the six months ended in Dec. 2025 was HK$88.3 Mil. Steve Leung Design Group's Revenue for the six months ended in Dec. 2025 was HK$228.1 Mil. Therefore, Steve Leung Design Group's Gross Margin % for the quarter that ended in Dec. 2025 was 38.72%.

Warning Sign:

Steve Leung Design Group Ltd gross margin has been in long-term decline. The average rate of decline per year is -2%.


The historical rank and industry rank for Steve Leung Design Group's Gross Margin % or its related term are showing as below:

HKSE:02262' s Gross Margin % Range Over the Past 10 Years
Min: 36.55   Med: 40.72   Max: 56.63
Current: 39.45


During the past 11 years, the highest Gross Margin % of Steve Leung Design Group was 56.63%. The lowest was 36.55%. And the median was 40.72%.

HKSE:02262's Gross Margin % is ranked better than
81.67% of 1729 companies
in the Construction industry
Industry Median: 20.69 vs HKSE:02262: 39.45

Steve Leung Design Group had a gross margin of 38.72% for the quarter that ended in Dec. 2025 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Steve Leung Design Group was -2.00% per year.


Steve Leung Design Group  (HKSE:02262) 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

Steve Leung Design Group had a gross margin of 38.72% 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.


Steve Leung Design Group Gross Margin % Related Terms


Steve Leung Design Group Gross Margin % Historical Data

* Premium members only.

The historical data trend for Steve Leung Design 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.

Steve Leung Design Group Gross Margin % Chart

Steve Leung Design Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 41.51 36.55 39.14 39.93 38.17

Steve Leung Design Group Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 Jun26
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 Premium Member Only Premium Member Only 38.86 40.80 37.51 38.72 40.33

HKSE:02262 vs PWR, FIX, EME: Gross Margin % Comparison

For the Engineering & Construction subindustry, Steve Leung Design 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.


Steve Leung Design Group Gross Margin % vs Construction Industry

For the Construction industry and Industrials sector, Steve Leung Design Group's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Steve Leung Design Group's Gross Margin % falls into.


HKSE:02262
52GF Score
Steve Leung Design Group Ltd HKSE:02262
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Steve Leung Design Group Gross Margin % Calculation

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

Steve Leung Design 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 )
=161.3 / 422.703
=(Revenue - Cost of Goods Sold) / Revenue
=(422.703 - 261.373) / 422.703
=38.17 %

Steve Leung Design 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 )
=88.3 / 228.111
=(Revenue - Cost of Goods Sold) / Revenue
=(228.111 - 139.78) / 228.111
=38.72 %

* 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 38.72% mean?
Steve Leung Design Group (HKSE:02262) has a Gross Margin % of 38.72% as of Dec. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on Steve Leung Design Group and its competitors. This is near median its historical median of 40.72. Over the past decade, Steve Leung Design Group's Gross Margin % has ranged from 36.55 to 56.63. According to the industry distribution chart, Steve Leung Design Group ranks #317 out of 1729 companies in the Construction industry, placing it in the top 18.3%.
Is Steve Leung Design Group's Gross Margin % too high?
Steve Leung Design Group's current Gross Margin % of 38.72% is near median its 10-year median of 40.72. Over the past 10 years, this metric has ranged from a low of 36.55 to a high of 56.63. The Construction industry median Gross Margin % is 20.69. Steve Leung Design Group's value of 38.72% is 87.1% above this industry median. Based on the distribution chart, Steve Leung Design Group ranks #317 out of 1729 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Steve Leung Design Group has a GF Score™ of 52/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Steve Leung Design Group's Gross Margin % compare to PWR and FIX?
According to the Construction industry distribution chart, Steve Leung Design Group ranks #317 out of 1729 companies for Gross Margin %. This places Steve Leung Design Group in the top 18% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 20.69. Steve Leung Design Group's value of 38.72% is 87.1% above this benchmark. Historically, Steve Leung Design Group's own Gross Margin % has ranged from 36.55 to 56.63 over the past decade. While the company's 10-year median is 40.72 vs. the industry median of 20.69, Steve Leung Design Group 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 a Construction company?
The median Gross Margin % among Construction companies is 20.69, based on 1,729 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. Steve Leung Design Group's current Gross Margin % of 38.72% is 87.1% 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 Steve Leung Design Group and its competitors. For the Construction industry, the median Gross Margin % is 20.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Steve Leung Design Group's current Gross Margin % is 38.72%, which is near median its own 10-year median of 40.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Steve Leung Design Group stock overvalued right now?
Based on GuruFocus' analysis, Steve Leung Design Group (HKSE:02262) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.19, compared to a current price of HK$0.45 — trading 136.8% above its estimated fair value. The current Gross Margin % is 38.72%, which is near median its 10-year median of 40.72 and 87.1% above the Construction industry median of 20.69. Steve Leung Design Group's overall GF Score™ is 52/100 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 Steve Leung Design Group (HKSE:02262), the current Gross Margin % is 38.72% 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 Steve Leung Design Group (HKSE:02262) Overvalued in 2026?

Based on GuruFocus' analysis, Steve Leung Design Group stock appears to be overvalued. The current stock price of HK$0.45 is trading 136.8% above its estimated GF Value™ of HK$0.19. GuruFocus considers Steve Leung Design Group to be Significantly Overvalued.

Key valuation signals for HKSE:02262:

  • Gross Margin %: 38.72% (near median its 10-year median of 40.72)
  • GF Value™: HK$0.19 vs. price of HK$0.45 (136.8% above fair value)
  • GF Score™: 52/100 with 3 warning signs
  • Industry Position: 87.1% above the Construction median (#317 of 1729)

No single metric tells the full story. See the HKSE:02262 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Steve Leung Design Group Business Description

Address 23 Wang Tai Road, 30th Floor, Manhattan Place, Kowloon Bay, Hong Kong, HKG
Steve Leung Design Group Ltd acts as an investment holding company and provides corporate management services. Along with its subsidiaries, it is engaged in providing interior design services, interior decorating and furnishing design services, and product design services. The group's reportable segments are SLD (Steve Leung Design), SLL (Steve Leung Lifestyle), and JHD (Jangho Design). A majority of its revenue is generated from the SLD (Steve Leung Design) segment, which provides interior design services and licensing arrangements under all Steve Leung-related brands, which mainly focus on the residential market. Geographically, it generates maximum revenue from Mainland China and also has a presence in Hong Kong, Macao, Taiwan, and other regions.
52GF Score

Get the complete analysis for HKSE:02262

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

HK$0.45
Price
HK$0.19
GF Value