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Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
OnewoHKSE:02602 +0.82%90 Gross Margin % is 10.80% as of Dec. 2025, which is 26% below its 10-year median of 14.50. GuruFocus rates HKSE:02602 with a GF Score™ of 90/100 and a GF Value™ of HK$26.50 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 1,642 Real Estate companies, Onewo ranks worse than 87.58% on this metric.
Gross Margin % is calculated as gross profit divided by its revenue. Onewo's Gross Profit for the
six
months ended in Dec. 2025 was HK$2,283 Mil. Onewo's Revenue for the
six
months ended in Dec. 2025 was HK$21,138 Mil. Therefore, Onewo's Gross Margin % for the quarter that ended in Dec. 2025 was 10.80%.
Warning Sign:
Onewo Inc gross margin has been in long-term decline. The average rate of decline per year is -7.8%.
The historical rank and industry rank for Onewo's Gross Margin % or its related term are showing as below:
HKSE:02602'
s Gross Margin % Range Over the Past 10 Years
Min: 11.75 Med: 14.5 Max: 18.54
Current: 11.75
During the past 7 years, the highestGross Margin % of Onewo was 18.54%. The lowest was 11.75%. And the median was 14.50%.
HKSE:02602's Gross Margin % is ranked worse than 87.58% of 1642
companies
in the Real Estate industry
Industry Median: 36.69
vs HKSE:02602: 11.75
Onewo had a gross margin of 10.80% for the quarter that ended in Dec. 2025 => No sustainable competitive advantage
The 5-Year average Growth Rate of Gross Margin for Onewo was -7.80% per year.
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
Onewo had a gross margin of 10.80% for the quarter that ended in Dec. 2025 => No sustainable 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.
Onewo Gross Margin % Related Terms
Onewo Gross Margin % Historical Data
* Premium members only.
The historical data trend for Onewo'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:02602 vs CBRE, BEKE, JLL: Gross Margin % Comparison
For the Real Estate Services subindustry, Onewo'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.
Onewo Gross Margin % vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Onewo's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Onewo'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.
Onewo (HKSE:02602) has a Gross Margin % of 10.80% as of Dec. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on Onewo and its competitors. This is 26% below median its historical median of 14.50. Over the past decade, Onewo's Gross Margin % has ranged from 11.75 to 18.54. According to the industry distribution chart, Onewo ranks #1438 out of 1642 companies in the Real Estate industry, placing it in the top 87.6%.
Is Onewo's Gross Margin % too high?
Onewo's current Gross Margin % of 10.80% is 26% below median its 10-year median of 14.50. Over the past 10 years, this metric has ranged from a low of 11.75 to a high of 18.54. The Real Estate industry median Gross Margin % is 36.69. Onewo's value of 10.80% is 70.6% below this industry median. Based on the distribution chart, Onewo ranks #1438 out of 1642 companies in the Real Estate industry, which is in the bottom quartile relative to peers. Overall, Onewo has a GF Score™ of 90/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Onewo's Gross Margin % compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Onewo ranks #1438 out of 1642 companies for Gross Margin %. This places Onewo in the lower half of its industry. The industry median Gross Margin % is 36.69. Onewo's value of 10.80% is 70.6% below this benchmark. Historically, Onewo's own Gross Margin % has ranged from 11.75 to 18.54 over the past decade. While the company's 10-year median is 14.50 vs. the industry median of 36.69, Onewo has consistently been below 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 Real Estate company?
The median Gross Margin % among Real Estate companies is 36.69, based on 1,642 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. Onewo's current Gross Margin % of 10.80% is 70.6% below 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 Onewo and its competitors. For the Real Estate industry, the median Gross Margin % is 36.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Onewo's current Gross Margin % is 10.80%, which is 26% below median its own 10-year median of 14.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Onewo stock overvalued right now?
Based on GuruFocus' analysis, Onewo (HKSE:02602) is currently considered Modestly Undervalued. The stock's GF Value™ is HK$26.50, compared to a current price of HK$19.76 — trading 25.4% below its estimated fair value. The current Gross Margin % is 10.80%, which is 26% below median its 10-year median of 14.50 and 70.6% below the Real Estate industry median of 36.69. Onewo's overall GF Score™ is 90/100 with 6 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 Onewo (HKSE:02602), the current Gross Margin % is 10.80% 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 Onewo (HKSE:02602) Overvalued in 2026?
Based on GuruFocus' analysis, Onewo stock appears to be undervalued.
The current stock price of HK$19.76 is trading 25.4% below its estimated GF Value™ of HK$26.50.
GuruFocus considers Onewo to be Modestly Undervalued.
Key valuation signals for HKSE:02602:
Gross Margin %: 10.80% (26% below median its 10-year median of 14.50)
GF Value™: HK$26.50 vs. price of HK$19.76 (25.4% below fair value)
Industry Position: 70.6% below the Real Estate median (#1438 of 1642)
No single metric tells the full story. See the HKSE:02602 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Onewo Inc is a property management service provider in China. It offers comprehensive property and facility management services to various types of properties, including office spaces, commercial complex, industrial parks, and public premises. The Group's revenue mainly comprises proceeds from community space living consumption services, commercial and urban space integrated services and AIoT and BPaaS solution services. Geographically, the company operates in PRC.
90GF Score
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