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FenbiHKSE:02469 69 Gross Margin % is 52.96% as of Dec. 2025, which is 9% above its 10-year median of 48.59. GuruFocus rates HKSE:02469 with a GF Score™ of 69/100 and a GF Value™ of HK$3.46 (Possible Value Trap). The stock has 2 warning signs investors should review. Among 242 Education companies, Fenbi ranks better than 61.16% on this metric.
Gross Margin % is calculated as gross profit divided by its revenue. Fenbi's Gross Profit for the
six
months ended in Dec. 2025 was HK$693 Mil. Fenbi's Revenue for the
six
months ended in Dec. 2025 was HK$1,309 Mil. Therefore, Fenbi's Gross Margin % for the quarter that ended in Dec. 2025 was 52.96%.
The historical rank and industry rank for Fenbi's Gross Margin % or its related term are showing as below:
HKSE:02469'
s Gross Margin % Range Over the Past 10 Years
Min: 22.98 Med: 48.59 Max: 53.54
Current: 53.54
During the past 7 years, the highestGross Margin % of Fenbi was 53.54%. The lowest was 22.98%. And the median was 48.59%.
HKSE:02469's Gross Margin % is ranked better than 61.16% of 242
companies
in the Education industry
Industry Median: 48.105
vs HKSE:02469: 53.54
Fenbi had a gross margin of 52.96% for the quarter that ended in Dec. 2025 => Durable competitive advantage
The 5-Year average Growth Rate of Gross Margin for Fenbi was 20.70% per year.
Fenbi (HKSE:02469) 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
Fenbi had a gross margin of 52.96% for the quarter that ended in Dec. 2025 => 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.
Fenbi Gross Margin % Related Terms
Fenbi Gross Margin % Historical Data
* Premium members only.
The historical data trend for Fenbi'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.
HKSE:02469 vs EDU, TAL, LAUR: Gross Margin % Comparison
For the Education & Training Services subindustry, Fenbi'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.
Fenbi Gross Margin % vs Education Industry
For the Education industry and Consumer Defensive sector, Fenbi's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Fenbi'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.
Fenbi (HKSE:02469) has a Gross Margin % of 52.96% as of Dec. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on Fenbi and its competitors. This is near median its historical median of 48.59. Over the past decade, Fenbi's Gross Margin % has ranged from 22.98 to 53.54. According to the industry distribution chart, Fenbi ranks #94 out of 242 companies in the Education industry, placing it in the top 38.8%.
Is Fenbi's Gross Margin % too high?
Fenbi's current Gross Margin % of 52.96% is near median its 10-year median of 48.59. Over the past 10 years, this metric has ranged from a low of 22.98 to a high of 53.54. The Education industry median Gross Margin % is 48.11. Fenbi's value of 52.96% is 10.1% above this industry median. Based on the distribution chart, Fenbi ranks #94 out of 242 companies in the Education industry, which is above the industry midpoint. Overall, Fenbi has a GF Score™ of 69/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Fenbi's Gross Margin % compare to EDU and TAL?
According to the Education industry distribution chart, Fenbi ranks #94 out of 242 companies for Gross Margin %. This puts Fenbi in the upper half of its industry. The industry median Gross Margin % is 48.11. Fenbi's value of 52.96% is 10.1% above this benchmark. Historically, Fenbi's own Gross Margin % has ranged from 22.98 to 53.54 over the past decade. While the company's 10-year median is 48.59 vs. the industry median of 48.11, Fenbi 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 an Education company?
The median Gross Margin % among Education companies is 48.11, based on 242 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. Fenbi's current Gross Margin % of 52.96% is 10.1% 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 Fenbi and its competitors. For the Education industry, the median Gross Margin % is 48.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fenbi's current Gross Margin % is 52.96%, which is near median its own 10-year median of 48.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fenbi stock overvalued right now?
Based on GuruFocus' analysis, Fenbi (HKSE:02469) is currently considered Possible Value Trap. The stock's GF Value™ is HK$3.46, compared to a current price of HK$0.41 — trading 88.2% below its estimated fair value. The current Gross Margin % is 52.96%, which is near median its 10-year median of 48.59 and 10.1% above the Education industry median of 48.11. Fenbi's overall GF Score™ is 69/100 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 Fenbi (HKSE:02469), the current Gross Margin % is 52.96% 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 Fenbi (HKSE:02469) Overvalued in 2026?
Based on GuruFocus' analysis, Fenbi stock appears to be undervalued.
The current stock price of HK$0.41 is trading 88.2% below its estimated GF Value™ of HK$3.46.
GuruFocus considers Fenbi to be Possible Value Trap.
Key valuation signals for HKSE:02469:
Gross Margin %: 52.96% (near median its 10-year median of 48.59)
GF Value™: HK$3.46 vs. price of HK$0.41 (88.2% below fair value)
Industry Position: 10.1% above the Education median (#94 of 242)
No single metric tells the full story. See the HKSE:02469 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Fenbi Ltd operates as a non-formal vocational education and training (VET) service provider in China. The company providing a comprehensive suite of recruitment and qualification examination tutoring courses for adult students pursuing careers in government-sponsored institutions and several professions and industries. The company helps college graduates excel in the competitive selection process administered by governmental institutions and helps professionals obtain the relevant qualifications. Its segments are Tutoring services and Sales of books. The company generates the majority of its revenue from Tutoring services, which are classroom-based platforms teaching to students who physically attend the lecture centers or through an online platform.
69GF Score
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