ZO Future Group (HKSE:02309) Gross Margin %: 39.34% (As of Dec. 2025)

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HKSE:02309 ZO Future Group HKSE:02309
65 GF Score
Price HK$1.81
GF Value HK$4.14
Valuation Possible Value Trap
! 5 Warning Signs
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What is ZO Future Group Gross Margin %?

ZO Future Group HKSE:02309 +3.43% 65 Gross Margin % is 39.34% as of Dec. 2025. GuruFocus rates HKSE:02309 with a GF Score™ of 65/100 and a GF Value™ of HK$4.14 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 941 Media - Diversified companies, ZO Future Group ranks better than 93.73% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. ZO Future Group's Gross Profit for the six months ended in Dec. 2025 was HK$22.3 Mil. ZO Future Group's Revenue for the six months ended in Dec. 2025 was HK$56.6 Mil. Therefore, ZO Future Group's Gross Margin % for the quarter that ended in Dec. 2025 was 39.34%.


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

HKSE:02309' s Gross Margin % Range Over the Past 10 Years
Min: 0   Med: 0   Max: 92.87
Current: 92.87


During the past 13 years, the highest Gross Margin % of ZO Future Group was 92.87%. The lowest was 0.00%. And the median was 0.00%.

HKSE:02309's Gross Margin % is ranked better than
93.73% of 941 companies
in the Media - Diversified industry
Industry Median: 38.99 vs HKSE:02309: 92.87

ZO Future Group had a gross margin of 39.34% for the quarter that ended in Dec. 2025 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for ZO Future Group was 0.00% per year.


ZO Future Group  (HKSE:02309) 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

ZO Future Group had a gross margin of 39.34% 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.


ZO Future Group Gross Margin % Related Terms


ZO Future Group Gross Margin % Historical Data

* Premium members only.

The historical data trend for ZO Future 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.

ZO Future Group Gross Margin % Chart

ZO Future Group Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

ZO Future Group Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 57.28 0.00 39.34

HKSE:02309 vs NFLX, DIS, WBD: Gross Margin % Comparison

For the Entertainment subindustry, ZO Future 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.


ZO Future Group Gross Margin % vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, ZO Future Group's Gross Margin % distribution charts can be found below:

* The bar in red indicates where ZO Future Group's Gross Margin % falls into.


HKSE:02309
65GF Score
ZO Future Group HKSE:02309
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

ZO Future Group Gross Margin % Calculation

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

ZO Future Group's Gross Margin for the fiscal year that ended in Jun. 2025 is calculated as

Gross Margin % (A: Jun. 2025 )=Gross Profit (A: Jun. 2025 ) / Revenue (A: Jun. 2025 )
=451.2 / 451.19
=(Revenue - Cost of Goods Sold) / Revenue
=(451.19 - 0) / 451.19
=N/A %

ZO Future 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 )
=22.3 / 56.564
=(Revenue - Cost of Goods Sold) / Revenue
=(56.564 - 34.313) / 56.564
=39.34 %

* 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 39.34% mean?
ZO Future Group (HKSE:02309) has a Gross Margin % of 39.34% as of Dec. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on ZO Future Group and its competitors. According to the industry distribution chart, ZO Future Group ranks #59 out of 941 companies in the Media - Diversified industry, placing it in the top 6.3%.
Is ZO Future Group's Gross Margin % too high?
ZO Future Group's current Gross Margin % is 39.34%. The Media - Diversified industry median Gross Margin % is 38.99. ZO Future Group's value of 39.34% is 0.9% above this industry median. Based on the distribution chart, ZO Future Group ranks #59 out of 941 companies in the Media - Diversified industry, which is in the top quartile — a strong position relative to peers. Overall, ZO Future Group has a GF Score™ of 65/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does ZO Future Group's Gross Margin % compare to NFLX and DIS?
According to the Media - Diversified industry distribution chart, ZO Future Group ranks #59 out of 941 companies for Gross Margin %. This places ZO Future Group in the top 6% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 38.99. ZO Future Group's value of 39.34% is 0.9% above this benchmark. 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 Media - Diversified company?
The median Gross Margin % among Media - Diversified companies is 38.99, based on 941 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. ZO Future Group's current Gross Margin % of 39.34% is 0.9% 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 ZO Future Group and its competitors. For the Media - Diversified industry, the median Gross Margin % is 38.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ZO Future Group's current Gross Margin % is 39.34%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ZO Future Group stock overvalued right now?
Based on GuruFocus' analysis, ZO Future Group (HKSE:02309) is currently considered Possible Value Trap. The stock's GF Value™ is HK$4.14, compared to a current price of HK$1.81 — trading 56.3% below its estimated fair value. The current Gross Margin % is 39.34% and 0.9% above the Media - Diversified industry median of 38.99. ZO Future Group's overall GF Score™ is 65/100 with 5 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 ZO Future Group (HKSE:02309), the current Gross Margin % is 39.34% 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 ZO Future Group (HKSE:02309) Overvalued in 2026?

Based on GuruFocus' analysis, ZO Future Group stock appears to be undervalued. The current stock price of HK$1.81 is trading 56.3% below its estimated GF Value™ of HK$4.14. GuruFocus considers ZO Future Group to be Possible Value Trap.

Key valuation signals for HKSE:02309:

  • Gross Margin %: 39.34%
  • GF Value™: HK$4.14 vs. price of HK$1.81 (56.3% below fair value)
  • GF Score™: 65/100 with 5 warning signs
  • Industry Position: 0.9% above the Media - Diversified median (#59 of 941)

No single metric tells the full story. See the HKSE:02309 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


ZO Future Group Business Description

Address No. 28 Heung Yip Road, 31st Floor, Vertical Square, Wong Chuk Hang, Hong Kong, HKG
ZO Future Group is an investment holding company principally engaged in the operation of the football club in the United Kingdom. The activity of the company includes offering season and match day tickets, television broadcasting, and local media businesses. Its segments are the operation of a professional football club; new energy automobiles and related business; Investment in properties; and healthcare business. The company's activity functions in the United Kingdom and it generates revenue through corporate hospitality income, merchandising income, sponsorship income, and conference income. The company generates the majority of its revenue from the operation of a professional football club in the UK.
65GF Score

Get the complete analysis for HKSE:02309

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

HK$1.81
Price
HK$4.14
GF Value