Persistence Gold GroupHKSE:02489 -6.58%47 Gross Margin % is 65.63% as of Mar. 2026, which is 25% above its 10-year median of 52.47. GuruFocus rates HKSE:02489 with a GF Score™ of 47/100. The stock has 4 warning signs investors should review. Among 726 Metals & Mining companies, Persistence Gold Group ranks better than 80.85% on this metric.
HKSE:02489's Gross Margin % is ranked better than 80.85% of 726
companies
in the Metals & Mining industry
Industry Median: 26.205
vs HKSE:02489: 56.02
Persistence Gold Group had a gross margin of 65.63% for the quarter that ended in Mar. 2026 => Durable competitive advantage
The 5-Year average Growth Rate of Gross Margin for Persistence Gold Group was -1.50% per year.
Persistence Gold Group (HKSE:02489) 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
Persistence Gold Group had a gross margin of 65.63% 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.
Persistence Gold Group Gross Margin % Related Terms
Persistence Gold Group Gross Margin % Historical Data
* Premium members only.
The historical data trend for Persistence Gold 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.
HKSE:02489 vs NEM, AU, RGLD: Gross Margin % Comparison
For the Gold subindustry, Persistence Gold 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.
Persistence Gold Group Gross Margin % vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Persistence Gold Group's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Persistence Gold Group'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.
Persistence Gold Group (HKSE:02489) has a Gross Margin % of 65.63% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Persistence Gold Group and its competitors. This is 25% above median its historical median of 52.47. Over the past decade, Persistence Gold Group's Gross Margin % has ranged from 47.79 to 56.52. According to the industry distribution chart, Persistence Gold Group ranks #139 out of 726 companies in the Metals & Mining industry, placing it in the top 19.1%.
Is Persistence Gold Group's Gross Margin % too high?
Persistence Gold Group's current Gross Margin % of 65.63% is 25% above median its 10-year median of 52.47. Over the past 10 years, this metric has ranged from a low of 47.79 to a high of 56.52. The Metals & Mining industry median Gross Margin % is 26.21. Persistence Gold Group's value of 65.63% is 150.4% above this industry median. Based on the distribution chart, Persistence Gold Group ranks #139 out of 726 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Persistence Gold Group has a GF Score™ of 47/100, reflecting its overall financial health beyond just this single metric.
How does Persistence Gold Group's Gross Margin % compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Persistence Gold Group ranks #139 out of 726 companies for Gross Margin %. This places Persistence Gold Group in the top 19% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 26.21. Persistence Gold Group's value of 65.63% is 150.4% above this benchmark. Historically, Persistence Gold Group's own Gross Margin % has ranged from 47.79 to 56.52 over the past decade. While the company's 10-year median is 52.47 vs. the industry median of 26.21, Persistence Gold 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 Metals & Mining company?
The median Gross Margin % among Metals & Mining companies is 26.21, based on 726 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. Persistence Gold Group's current Gross Margin % of 65.63% is 150.4% 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 Persistence Gold Group and its competitors. For the Metals & Mining industry, the median Gross Margin % is 26.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Persistence Gold Group's current Gross Margin % is 65.63%, which is 25% above median its own 10-year median of 52.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Persistence Gold Group stock overvalued right now?
Persistence Gold Group (HKSE:02489) has a current Gross Margin % of 65.63%. The current Gross Margin % is 65.63%, which is 25% above median its 10-year median of 52.47 and 150.4% above the Metals & Mining industry median of 26.21. Persistence Gold Group's overall GF Score™ is 47/100 with 4 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 Persistence Gold Group (HKSE:02489), the current Gross Margin % is 65.63% 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.
Persistence Gold Group Ltd is engaged in gold mining and related processing activities in China. Through its subsidiaries, the company operates the Songjiagou open-pit and underground gold mines in Shandong Province and focuses on the extraction, processing, and expansion of gold mining operations.
47GF Score
Get the complete analysis for HKSE:02489
Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
HKSE:02489 has been successfully added to your 
