Beijing UBOX Online Technology (HKSE:02429) Gross Margin %: 37.34% (As of Dec. 2025) — Near Median


HKSE:02429 Beijing UBOX Online Technology Corp HKSE:02429
32 GF Score
Price HK$2.55
! 2 Warning Signs
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What is Beijing UBOX Online Technology Gross Margin %?

Beijing UBOX Online Technology HKSE:02429 +2.00% 32 Gross Margin % is 37.34% as of Dec. 2025, which is 8% below its 10-year median of 40.74. GuruFocus rates HKSE:02429 with a GF Score™ of 32/100. The stock has 2 warning signs investors should review. Among 305 Retail - Defensive companies, Beijing UBOX Online Technology ranks better than 82.3% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Beijing UBOX Online Technology's Gross Profit for the six months ended in Dec. 2025 was HK$601 Mil. Beijing UBOX Online Technology's Revenue for the six months ended in Dec. 2025 was HK$1,609 Mil. Therefore, Beijing UBOX Online Technology's Gross Margin % for the quarter that ended in Dec. 2025 was 37.34%.


The historical rank and industry rank for Beijing UBOX Online Technology's Gross Margin % or its related term are showing as below:

HKSE:02429' s Gross Margin % Range Over the Past 10 Years
Min: 29.37   Med: 40.74   Max: 48.73
Current: 37.14


During the past 7 years, the highest Gross Margin % of Beijing UBOX Online Technology was 48.73%. The lowest was 29.37%. And the median was 40.74%.

HKSE:02429's Gross Margin % is ranked better than
82.3% of 305 companies
in the Retail - Defensive industry
Industry Median: 24.08 vs HKSE:02429: 37.14

Beijing UBOX Online Technology had a gross margin of 37.34% for the quarter that ended in Dec. 2025 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Beijing UBOX Online Technology was 2.00% per year.


Beijing UBOX Online Technology  (HKSE:02429) 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

Beijing UBOX Online Technology had a gross margin of 37.34% 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.


Beijing UBOX Online Technology Gross Margin % Related Terms


Beijing UBOX Online Technology Gross Margin % Historical Data

* Premium members only.

The historical data trend for Beijing UBOX Online Technology'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.

Beijing UBOX Online Technology Gross Margin % Chart

Beijing UBOX Online Technology Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Gross Margin %
Get a 7-Day Free Trial 41.14 42.74 40.74 35.67 37.14

Beijing UBOX Online Technology Semi-Annual Data
Dec19 Dec20 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 40.21 36.18 35.24 36.92 37.34

HKSE:02429 vs KR: Gross Margin % Comparison

For the Grocery Stores subindustry, Beijing UBOX Online Technology'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.


Beijing UBOX Online Technology Gross Margin % vs Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Beijing UBOX Online Technology's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Beijing UBOX Online Technology's Gross Margin % falls into.


HKSE:02429
32GF Score
Beijing UBOX Online Technology Corp HKSE:02429
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Beijing UBOX Online Technology Gross Margin % Calculation

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

Beijing UBOX Online Technology'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 )
=1131.8 / 3047.374
=(Revenue - Cost of Goods Sold) / Revenue
=(3047.374 - 1915.582) / 3047.374
=37.14 %

Beijing UBOX Online Technology'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 )
=600.7 / 1608.945
=(Revenue - Cost of Goods Sold) / Revenue
=(1608.945 - 1008.236) / 1608.945
=37.34 %

* 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 37.34% mean?
Beijing UBOX Online Technology (HKSE:02429) has a Gross Margin % of 37.34% as of Dec. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on Beijing UBOX Online Technology and its competitors. This is near median its historical median of 40.74. Over the past decade, Beijing UBOX Online Technology's Gross Margin % has ranged from 29.37 to 48.73. According to the industry distribution chart, Beijing UBOX Online Technology ranks #54 out of 305 companies in the Retail - Defensive industry, placing it in the top 17.7%.
Is Beijing UBOX Online Technology's Gross Margin % too high?
Beijing UBOX Online Technology's current Gross Margin % of 37.34% is near median its 10-year median of 40.74. Over the past 10 years, this metric has ranged from a low of 29.37 to a high of 48.73. The Retail - Defensive industry median Gross Margin % is 24.08. Beijing UBOX Online Technology's value of 37.34% is 55.1% above this industry median. Based on the distribution chart, Beijing UBOX Online Technology ranks #54 out of 305 companies in the Retail - Defensive industry, which is in the top quartile — a strong position relative to peers. Overall, Beijing UBOX Online Technology has a GF Score™ of 32/100, reflecting its overall financial health beyond just this single metric.
How does Beijing UBOX Online Technology's Gross Margin % compare to KR?
According to the Retail - Defensive industry distribution chart, Beijing UBOX Online Technology ranks #54 out of 305 companies for Gross Margin %. This places Beijing UBOX Online Technology in the top 18% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 24.08. Beijing UBOX Online Technology's value of 37.34% is 55.1% above this benchmark. Historically, Beijing UBOX Online Technology's own Gross Margin % has ranged from 29.37 to 48.73 over the past decade. While the company's 10-year median is 40.74 vs. the industry median of 24.08, Beijing UBOX Online Technology 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 Retail - Defensive company?
The median Gross Margin % among Retail - Defensive companies is 24.08, based on 305 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. Beijing UBOX Online Technology's current Gross Margin % of 37.34% is 55.1% 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 Beijing UBOX Online Technology and its competitors. For the Retail - Defensive industry, the median Gross Margin % is 24.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Beijing UBOX Online Technology's current Gross Margin % is 37.34%, which is near median its own 10-year median of 40.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Beijing UBOX Online Technology stock overvalued right now?
Beijing UBOX Online Technology (HKSE:02429) has a current Gross Margin % of 37.34%. The current Gross Margin % is 37.34%, which is near median its 10-year median of 40.74 and 55.1% above the Retail - Defensive industry median of 24.08. Beijing UBOX Online Technology's overall GF Score™ is 32/100 with 2 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 Beijing UBOX Online Technology (HKSE:02429), the current Gross Margin % is 37.34% 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.

Beijing UBOX Online Technology Business Description

Address West Second Shenyun Road, 4th Floor, Tower A, Tagen Knowledge & Innovation Center, Nanshan, Shenzhen, CHN
Beijing UBOX Online Technology Corp is a vending machine operator in mainland China. It has four segments: Unmanned retail business, Merchandise wholesale, Advertising and system support services, and Others. The key revenue is generated from Unmanned retail business which consists of sales of fast-moving consumer goods such as food and beverage to end customers through a network of vending machines located at the POSs developed by the Group or POSs partners. All of the businesses of the Group are carried out in the PRC.
32GF Score

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