Ridge Outdoor International (HKSE:02720) Gross Margin %: 28.11% (As of Dec. 2025) — Near Median

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HKSE:02720 Ridge Outdoor International Ltd HKSE:02720
17 GF Score
Price HK$24.04
! 2 Warning Signs
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What is Ridge Outdoor International Gross Margin %?

Ridge Outdoor International HKSE:02720 -3.22% 17 Gross Margin % is 28.11% as of Dec. 2025, which is 6% above its 10-year median of 26.61. GuruFocus rates HKSE:02720 with a GF Score™ of 17/100. The stock has 2 warning signs investors should review. Among 417 Furnishings, Fixtures & Appliances companies, Ridge Outdoor International ranks worse than 52.76% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Ridge Outdoor International's Gross Profit for the six months ended in Dec. 2025 was HK$205.7 Mil. Ridge Outdoor International's Revenue for the six months ended in Dec. 2025 was HK$731.8 Mil. Therefore, Ridge Outdoor International's Gross Margin % for the quarter that ended in Dec. 2025 was 28.11%.


The historical rank and industry rank for Ridge Outdoor International's Gross Margin % or its related term are showing as below:

HKSE:02720' s Gross Margin % Range Over the Past 10 Years
Min: 23.23   Med: 26.61   Max: 28.11
Current: 28.11


During the past 4 years, the highest Gross Margin % of Ridge Outdoor International was 28.11%. The lowest was 23.23%. And the median was 26.61%.

HKSE:02720's Gross Margin % is ranked worse than
52.76% of 417 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 29.36 vs HKSE:02720: 28.11

Ridge Outdoor International had a gross margin of 28.11% for the quarter that ended in Dec. 2025 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Ridge Outdoor International was 0.00% per year.


Ridge Outdoor International  (HKSE:02720) 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

Ridge Outdoor International had a gross margin of 28.11% 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.


Ridge Outdoor International Gross Margin % Related Terms


Ridge Outdoor International Gross Margin % Historical Data

* Premium members only.

The historical data trend for Ridge Outdoor International'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.

Ridge Outdoor International Gross Margin % Chart

Ridge Outdoor International Annual Data
Trend Dec22 Dec23 Dec24 Dec25
Gross Margin %
23.23 26.60 26.62 28.11

Ridge Outdoor International Semi-Annual Data
Dec22 Dec23 Dec24 Dec25
Gross Margin % 23.23 26.60 26.62 28.11

HKSE:02720 vs SN, SGI, MHK: Gross Margin % Comparison

For the Furnishings, Fixtures & Appliances subindustry, Ridge Outdoor International'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.


Ridge Outdoor International Gross Margin % vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Ridge Outdoor International's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Ridge Outdoor International's Gross Margin % falls into.


HKSE:02720
17GF Score
Ridge Outdoor International Ltd HKSE:02720
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Ridge Outdoor International Gross Margin % Calculation

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

Ridge Outdoor International'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 )
=205.7 / 731.848
=(Revenue - Cost of Goods Sold) / Revenue
=(731.848 - 526.147) / 731.848
=28.11 %

Ridge Outdoor International'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 )
=205.7 / 731.848
=(Revenue - Cost of Goods Sold) / Revenue
=(731.848 - 526.147) / 731.848
=28.11 %

* 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 28.11% mean?
Ridge Outdoor International (HKSE:02720) has a Gross Margin % of 28.11% as of Dec. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on Ridge Outdoor International and its competitors. This is near median its historical median of 26.61. Over the past decade, Ridge Outdoor International's Gross Margin % has ranged from 23.23 to 28.11. According to the industry distribution chart, Ridge Outdoor International ranks #220 out of 417 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 52.8%.
Is Ridge Outdoor International's Gross Margin % too high?
Ridge Outdoor International's current Gross Margin % of 28.11% is near median its 10-year median of 26.61. Over the past 10 years, this metric has ranged from a low of 23.23 to a high of 28.11. The Furnishings, Fixtures & Appliances industry median Gross Margin % is 29.36. Ridge Outdoor International's value of 28.11% is 4.3% below this industry median. Based on the distribution chart, Ridge Outdoor International ranks #220 out of 417 companies in the Furnishings, Fixtures & Appliances industry, which is below the industry midpoint. Overall, Ridge Outdoor International has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Ridge Outdoor International's Gross Margin % compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Ridge Outdoor International ranks #220 out of 417 companies for Gross Margin %. This places Ridge Outdoor International in the lower half of its industry. The industry median Gross Margin % is 29.36. Ridge Outdoor International's value of 28.11% is 4.3% below this benchmark. Historically, Ridge Outdoor International's own Gross Margin % has ranged from 23.23 to 28.11 over the past decade. While the company's 10-year median is 26.61 vs. the industry median of 29.36, Ridge Outdoor International 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 Furnishings, Fixtures & Appliances company?
The median Gross Margin % among Furnishings, Fixtures & Appliances companies is 29.36, based on 417 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. Ridge Outdoor International's current Gross Margin % of 28.11% is 4.3% 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 Ridge Outdoor International and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Gross Margin % is 29.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ridge Outdoor International's current Gross Margin % is 28.11%, which is near median its own 10-year median of 26.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ridge Outdoor International stock overvalued right now?
Ridge Outdoor International (HKSE:02720) has a current Gross Margin % of 28.11%. The current Gross Margin % is 28.11%, which is near median its 10-year median of 26.61 and 4.3% below the Furnishings, Fixtures & Appliances industry median of 29.36. Ridge Outdoor International's overall GF Score™ is 17/100 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 Ridge Outdoor International (HKSE:02720), the current Gross Margin % is 28.11% 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.

Ridge Outdoor International Business Description

Address No. 818, Pingshui East Street, 8th Floor, Building 1, Lok Fu Creative Center, Zhejiang Province, Hangzhou, CHN
Ridge Outdoor International Ltd is engaged in the fishing-related equipment industry. Fishing gear encompasses both fishing tackle and fishing-related equipment. Fishing tackle refers to the tools utilized for capturing fish from aquatic environments, such as fishing rods, reels, hooks, lines, and baits. Fishing-related equipment generally includes fishing chairs and bed chairs, seatboxes, barrows, backpacks, sleeping bags, and tents. The company operates a dual business model, combining OEM/ODM manufacturing capabilities with a growing OBM presence to address diverse market demands. Geographically, it generates the majority of its revenue from Europe.
17GF Score

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

HK$24.04
Price