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Win Hanverky HoldingsHKSE:03322 +2.70%36 Gross Margin % is 15.97% as of Dec. 2025, which is 34% below its 10-year median of 24.07. GuruFocus rates HKSE:03322 with a GF Score™ of 36/100 and a GF Value™ of HK$0.17 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 1,028 Manufacturing - Apparel & Accessories companies, Win Hanverky Holdings ranks worse than 69.65% on this metric.
HKSE:03322's Gross Margin % is ranked worse than 69.65% of 1028
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 28.295
vs HKSE:03322: 17.34
Win Hanverky Holdings had a gross margin of 15.97% for the quarter that ended in Dec. 2025 => No sustainable competitive advantage
The 5-Year average Growth Rate of Gross Margin for Win Hanverky Holdings was -8.20% 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
Win Hanverky Holdings had a gross margin of 15.97% 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.
Win Hanverky Holdings Gross Margin % Related Terms
Win Hanverky Holdings Gross Margin % Historical Data
* Premium members only.
The historical data trend for Win Hanverky 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.
HKSE:03322 vs RL, LEVI, VFC: Gross Margin % Comparison
For the Apparel Manufacturing subindustry, Win Hanverky 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.
Win Hanverky Holdings Gross Margin % vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Win Hanverky Holdings's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Win Hanverky Holdings'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.
Win Hanverky Holdings (HKSE:03322) has a Gross Margin % of 15.97% as of Dec. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on Win Hanverky Holdings and its competitors. This is 34% below median its historical median of 24.07. Over the past decade, Win Hanverky Holdings' Gross Margin % has ranged from 16.36 to 28.86. According to the industry distribution chart, Win Hanverky Holdings ranks #716 out of 1028 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 69.6%.
Is Win Hanverky Holdings' Gross Margin % too high?
Win Hanverky Holdings' current Gross Margin % of 15.97% is 34% below median its 10-year median of 24.07. Over the past 10 years, this metric has ranged from a low of 16.36 to a high of 28.86. The Manufacturing - Apparel & Accessories industry median Gross Margin % is 28.30. Win Hanverky Holdings' value of 15.97% is 43.6% below this industry median. Based on the distribution chart, Win Hanverky Holdings ranks #716 out of 1028 companies in the Manufacturing - Apparel & Accessories industry, which is below the industry midpoint. Overall, Win Hanverky Holdings has a GF Score™ of 36/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Win Hanverky Holdings' Gross Margin % compare to RL and LEVI?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Win Hanverky Holdings ranks #716 out of 1028 companies for Gross Margin %. This places Win Hanverky Holdings in the lower half of its industry. The industry median Gross Margin % is 28.30. Win Hanverky Holdings' value of 15.97% is 43.6% below this benchmark. Historically, Win Hanverky Holdings' own Gross Margin % has ranged from 16.36 to 28.86 over the past decade. While the company's 10-year median is 24.07 vs. the industry median of 28.30, Win Hanverky Holdings 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 Manufacturing - Apparel & Accessories company?
The median Gross Margin % among Manufacturing - Apparel & Accessories companies is 28.30, based on 1,028 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. Win Hanverky Holdings's current Gross Margin % of 15.97% is 43.6% 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 Win Hanverky Holdings and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Gross Margin % is 28.30 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Win Hanverky Holdings's current Gross Margin % is 15.97%, which is 34% below median its own 10-year median of 24.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Win Hanverky Holdings stock overvalued right now?
Based on GuruFocus' analysis, Win Hanverky Holdings (HKSE:03322) is currently considered Modestly Overvalued. The stock's GF Value™ is HK$0.17, compared to a current price of HK$0.19 — trading 11.8% above its estimated fair value. The current Gross Margin % is 15.97%, which is 34% below median its 10-year median of 24.07 and 43.6% below the Manufacturing - Apparel & Accessories industry median of 28.30. Win Hanverky Holdings' overall GF Score™ is 36/100 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 Win Hanverky Holdings (HKSE:03322), the current Gross Margin % is 15.97% 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 Win Hanverky Holdings (HKSE:03322) Overvalued in 2026?
Based on GuruFocus' analysis, Win Hanverky Holdings stock appears to be overvalued.
The current stock price of HK$0.19 is trading 11.8% above its estimated GF Value™ of HK$0.17.
GuruFocus considers Win Hanverky Holdings to be Modestly Overvalued.
Key valuation signals for HKSE:03322:
Gross Margin %: 15.97% (34% below median its 10-year median of 24.07)
GF Value™: HK$0.17 vs. price of HK$0.19 (11.8% above fair value)
Industry Position: 43.6% below the Manufacturing - Apparel & Accessories median (#716 of 1028)
No single metric tells the full story. See the HKSE:03322 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Win Hanverky Holdings Ltd is engaged in the manufacturing and selling of garment products, including sportswear, high-end functional outerwear, high-end fashion apparel, and related accessories. The company operates in the segments of Manufacturing, High-end Functional Outerwear Manufacturing, and The Fashion Brands and Licensing. A majority of revenue is derived from the Manufacturing segment, which involves the manufacturing and sales of sportswear and high-end functional outerwear of both under OEM arrangements to customers mainly in Europe, the United States, Mainland China, and other countries. The group has a business presence in Mainland China, Europe, the United States, Hong Kong, Other Asian countries, Canada, and others.
36GF Score
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