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Fu Shek Financial HoldingsHKSE:02263 -8.20%58 Gross Margin % is 77.40% as of Mar. 2026, which is 1% below its 10-year median of 77.91. GuruFocus rates HKSE:02263 with a GF Score™ of 58/100 and a GF Value™ of HK$0.15 (Significantly Overvalued). The stock has 10 warning signs investors should review. Among 621 Capital Markets companies, Fu Shek Financial Holdings ranks better than 77.62% on this metric.
Fu Shek Financial Holdings (HKSE:02263) 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
Fu Shek Financial Holdings had a gross margin of 77.40% for the quarter that ended in Mar. 2026 => Durable 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.
Fu Shek Financial Holdings Gross Margin % Related Terms
Fu Shek Financial 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.
HKSE:02263 vs MS, GS, SCHW: Gross Margin % Comparison
For the Capital Markets subindustry, Fu Shek Financial 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.
Fu Shek Financial Holdings Gross Margin % vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Fu Shek Financial Holdings's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Fu Shek Financial 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.
Fu Shek Financial Holdings (HKSE:02263) has a Gross Margin % of 77.40% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Fu Shek Financial Holdings and its competitors. This is near median its historical median of 77.91. Over the past decade, Fu Shek Financial Holdings' Gross Margin % has ranged from 45.92 to 86.01. According to the industry distribution chart, Fu Shek Financial Holdings ranks #139 out of 621 companies in the Capital Markets industry, placing it in the top 22.4%.
Is Fu Shek Financial Holdings' Gross Margin % too high?
Fu Shek Financial Holdings' current Gross Margin % of 77.40% is near median its 10-year median of 77.91. Over the past 10 years, this metric has ranged from a low of 45.92 to a high of 86.01. The Capital Markets industry median Gross Margin % is 49.97. Fu Shek Financial Holdings' value of 77.40% is 54.9% above this industry median. Based on the distribution chart, Fu Shek Financial Holdings ranks #139 out of 621 companies in the Capital Markets industry, which is in the top quartile — a strong position relative to peers. Overall, Fu Shek Financial Holdings has a GF Score™ of 58/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Fu Shek Financial Holdings' Gross Margin % compare to MS and GS?
According to the Capital Markets industry distribution chart, Fu Shek Financial Holdings ranks #139 out of 621 companies for Gross Margin %. This places Fu Shek Financial Holdings in the top 22% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 49.97. Fu Shek Financial Holdings' value of 77.40% is 54.9% above this benchmark. Historically, Fu Shek Financial Holdings' own Gross Margin % has ranged from 45.92 to 86.01 over the past decade. While the company's 10-year median is 77.91 vs. the industry median of 49.97, Fu Shek Financial Holdings 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 Capital Markets company?
The median Gross Margin % among Capital Markets companies is 49.97, based on 621 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. Fu Shek Financial Holdings's current Gross Margin % of 77.40% is 54.9% 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 Fu Shek Financial Holdings and its competitors. For the Capital Markets industry, the median Gross Margin % is 49.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fu Shek Financial Holdings's current Gross Margin % is 77.40%, which is near median its own 10-year median of 77.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fu Shek Financial Holdings stock overvalued right now?
Based on GuruFocus' analysis, Fu Shek Financial Holdings (HKSE:02263) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.15, compared to a current price of HK$0.28 — trading 86.7% above its estimated fair value. The current Gross Margin % is 77.40%, which is near median its 10-year median of 77.91 and 54.9% above the Capital Markets industry median of 49.97. Fu Shek Financial Holdings' overall GF Score™ is 58/100 with 10 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 Fu Shek Financial Holdings (HKSE:02263), the current Gross Margin % is 77.40% as of Mar. 2026. 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 Fu Shek Financial Holdings (HKSE:02263) Overvalued in 2026?
Based on GuruFocus' analysis, Fu Shek Financial Holdings stock appears to be overvalued.
The current stock price of HK$0.28 is trading 86.7% above its estimated GF Value™ of HK$0.15.
GuruFocus considers Fu Shek Financial Holdings to be Significantly Overvalued.
Key valuation signals for HKSE:02263:
Gross Margin %: 77.40% (near median its 10-year median of 77.91)
GF Value™: HK$0.15 vs. price of HK$0.28 (86.7% above fair value)
Industry Position: 54.9% above the Capital Markets median (#139 of 621)
No single metric tells the full story. See the HKSE:02263 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Fu Shek Financial Holdings Ltd is an integrated financial services provider. It is engaged in providing securities dealing and brokerage services, placing and underwriting services, securities margin financing services, and asset management services in Hong Kong. The group's reportable segments are: Brokerage services, Margin financing services, Placing and underwriting services, and Asset management services. Maximum revenue is derived from its Margin financing services segment, which provides financing services to margin and cash clients.
58GF Score
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