China Glass Holdings (HKSE:03300) Gross Margin %: -50.46% (As of Dec. 2025)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

HKSE:03300 China Glass Holdings Ltd HKSE:03300
43 GF Score
Price HK$0.36
GF Value HK$0.22
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is China Glass Holdings Gross Margin %?

China Glass Holdings HKSE:03300 43 Gross Margin % is -50.46% as of Dec. 2025. GuruFocus rates HKSE:03300 with a GF Score™ of 43/100 and a GF Value™ of HK$0.22 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 397 Building Materials companies, China Glass Holdings ranks better than 72.8% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. China Glass Holdings's Gross Profit for the six months ended in Dec. 2025 was HK$388 Mil. China Glass Holdings's Revenue for the six months ended in Dec. 2025 was HK$-768 Mil. Therefore, China Glass Holdings's Gross Margin % for the quarter that ended in Dec. 2025 was -50.46%.


The historical rank and industry rank for China Glass Holdings's Gross Margin % or its related term are showing as below:

HKSE:03300' s Gross Margin % Range Over the Past 10 Years
Min: 5.64   Med: 15.48   Max: 35.68
Current: 35.68


During the past 13 years, the highest Gross Margin % of China Glass Holdings was 35.68%. The lowest was 5.64%. And the median was 15.48%.

HKSE:03300's Gross Margin % is ranked better than
72.8% of 397 companies
in the Building Materials industry
Industry Median: 26.2 vs HKSE:03300: 35.68

China Glass Holdings had a gross margin of -50.46% for the quarter that ended in Dec. 2025 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for China Glass Holdings was 1.20% per year.


China Glass Holdings  (HKSE:03300) 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

China Glass Holdings had a gross margin of -50.46% 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.


China Glass Holdings Gross Margin % Related Terms


China Glass Holdings Gross Margin % Historical Data

* Premium members only.

The historical data trend for China Glass Holdings'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.

China Glass Holdings Gross Margin % Chart

China Glass Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 34.23 14.75 5.64 27.30 35.24

China Glass Holdings Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 6.03 10.07 -10.49 7.56 -50.46

HKSE:03300 vs CRH, VMC, MLM: Gross Margin % Comparison

For the Building Materials subindustry, China Glass Holdings'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.


China Glass Holdings Gross Margin % vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, China Glass Holdings's Gross Margin % distribution charts can be found below:

* The bar in red indicates where China Glass Holdings's Gross Margin % falls into.


HKSE:03300
43GF Score
China Glass Holdings Ltd HKSE:03300
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

China Glass Holdings Gross Margin % Calculation

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

China Glass Holdings'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 )
=567.5 / 1610.588
=(Revenue - Cost of Goods Sold) / Revenue
=(1610.588 - 1043.069) / 1610.588
=35.24 %

China Glass Holdings'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 )
=387.7 / -768.427
=(Revenue - Cost of Goods Sold) / Revenue
=(-768.427 - -1156.153) / -768.427
=-50.46 %

* 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 -50.46% mean?
China Glass Holdings (HKSE:03300) has a Gross Margin % of -50.46% as of Dec. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on China Glass Holdings and its competitors. Over the past decade, China Glass Holdings' Gross Margin % has ranged from 5.64 to 35.68. According to the industry distribution chart, China Glass Holdings ranks #108 out of 397 companies in the Building Materials industry, placing it in the top 27.2%.
Is China Glass Holdings' Gross Margin % too high?
China Glass Holdings' current Gross Margin % is -50.46%. Over the past 10 years, this metric has ranged from a low of 5.64 to a high of 35.68. Based on the distribution chart, China Glass Holdings ranks #108 out of 397 companies in the Building Materials industry, which is above the industry midpoint. Overall, China Glass Holdings has a GF Score™ of 43/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does China Glass Holdings' Gross Margin % compare to CRH and VMC?
According to the Building Materials industry distribution chart, China Glass Holdings ranks #108 out of 397 companies for Gross Margin %. This puts China Glass Holdings in the upper half of its industry. The industry median Gross Margin % is 26.20. Historically, China Glass Holdings' own Gross Margin % has ranged from 5.64 to 35.68 over the past decade. 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 Building Materials company?
The median Gross Margin % among Building Materials companies is 26.20, based on 397 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. 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 China Glass Holdings and its competitors. For the Building Materials industry, the median Gross Margin % is 26.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China Glass Holdings's current Gross Margin % is -50.46%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Glass Holdings stock overvalued right now?
Based on GuruFocus' analysis, China Glass Holdings (HKSE:03300) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.22, compared to a current price of HK$0.36 — trading 63.6% above its estimated fair value. The current Gross Margin % is -50.46%. China Glass Holdings' overall GF Score™ is 43/100 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 China Glass Holdings (HKSE:03300), the current Gross Margin % is -50.46% 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 China Glass Holdings (HKSE:03300) Overvalued in 2026?

Based on GuruFocus' analysis, China Glass Holdings stock appears to be overvalued. The current stock price of HK$0.36 is trading 63.6% above its estimated GF Value™ of HK$0.22. GuruFocus considers China Glass Holdings to be Significantly Overvalued.

Key valuation signals for HKSE:03300:

  • Gross Margin %: -50.46%
  • GF Value™: HK$0.22 vs. price of HK$0.36 (63.6% above fair value)
  • GF Score™: 43/100 with 6 warning signs

No single metric tells the full story. See the HKSE:03300 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


China Glass Holdings Business Description

Address No. 66 Sibo Road, Room 201, Floor 2, Block 1, Building 1, Songjiang District, Shanghai, CHN
China Glass Holdings Ltd is involved in the production, marketing and distribution of glass and glass products, designing and installation of glass production lines, and the development of glass production technology. Its glass products cover clear glass, tinted glass, coated glass, energy-saving and new energy glass, used in construction, automotive, solar power generation, home furnishing, and home appliance sectors. Its segments consist of Clear glass products, Painted glass products, Coated glass products, Energy saving and new energy glass products, and Design and installation related service It derives majority of revenue from Clear glass products which produces, markets and distributes clear glass products.
43GF Score

Get the complete analysis for HKSE:03300

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

HK$0.36
Price
HK$0.22
GF Value