360 Ludashi Holdings (HKSE:03601) Gross Margin %: 12.01% (As of Dec. 2025) — 76% Below Median

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HKSE:03601 360 Ludashi Holdings Ltd HKSE:03601
88 GF Score
Price HK$0.68
GF Value HK$1.24
Valuation Significantly Undervalued
! 3 Warning Signs
View Full Analysis

What is 360 Ludashi Holdings Gross Margin %?

360 Ludashi Holdings HKSE:03601 -1.45% 88 Gross Margin % is 12.01% as of Dec. 2025, which is 76% below its 10-year median of 49.47. GuruFocus rates HKSE:03601 with a GF Score™ of 88/100 and a GF Value™ of HK$1.24 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 493 Interactive Media companies, 360 Ludashi Holdings ranks worse than 93.71% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. 360 Ludashi Holdings's Gross Profit for the six months ended in Dec. 2025 was HK$75 Mil. 360 Ludashi Holdings's Revenue for the six months ended in Dec. 2025 was HK$628 Mil. Therefore, 360 Ludashi Holdings's Gross Margin % for the quarter that ended in Dec. 2025 was 12.01%.

Warning Sign:

360 Ludashi Holdings Ltd gross margin has been in long-term decline. The average rate of decline per year is -30.7%.


The historical rank and industry rank for 360 Ludashi Holdings's Gross Margin % or its related term are showing as below:

HKSE:03601' s Gross Margin % Range Over the Past 10 Years
Min: 11.45   Med: 49.47   Max: 86.51
Current: 11.46


During the past 10 years, the highest Gross Margin % of 360 Ludashi Holdings was 86.51%. The lowest was 11.45%. And the median was 49.47%.

HKSE:03601's Gross Margin % is ranked worse than
93.71% of 493 companies
in the Interactive Media industry
Industry Median: 61.61 vs HKSE:03601: 11.46

360 Ludashi Holdings had a gross margin of 12.01% for the quarter that ended in Dec. 2025 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for 360 Ludashi Holdings was -30.70% per year.


360 Ludashi Holdings  (HKSE:03601) 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

360 Ludashi Holdings had a gross margin of 12.01% 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.


360 Ludashi Holdings Gross Margin % Related Terms


360 Ludashi Holdings Gross Margin % Historical Data

* Premium members only.

The historical data trend for 360 Ludashi 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.

360 Ludashi Holdings Gross Margin % Chart

360 Ludashi 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 49.32 49.61 20.87 12.02 11.45

360 Ludashi Holdings Semi-Annual Data
Dec16 Dec17 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 15.06 11.65 12.50 10.85 12.01

HKSE:03601 vs GOOGL, META, SPOT: Gross Margin % Comparison

For the Internet Content & Information subindustry, 360 Ludashi 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.


360 Ludashi Holdings Gross Margin % vs Interactive Media Industry

For the Interactive Media industry and Communication Services sector, 360 Ludashi Holdings's Gross Margin % distribution charts can be found below:

* The bar in red indicates where 360 Ludashi Holdings's Gross Margin % falls into.


HKSE:03601
88GF Score
360 Ludashi Holdings Ltd HKSE:03601
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

360 Ludashi Holdings Gross Margin % Calculation

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

360 Ludashi 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 )
=138.1 / 1205.667
=(Revenue - Cost of Goods Sold) / Revenue
=(1205.667 - 1067.584) / 1205.667
=11.45 %

360 Ludashi 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 )
=75.5 / 628.347
=(Revenue - Cost of Goods Sold) / Revenue
=(628.347 - 552.892) / 628.347
=12.01 %

* 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 12.01% mean?
360 Ludashi Holdings (HKSE:03601) has a Gross Margin % of 12.01% as of Dec. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on 360 Ludashi Holdings and its competitors. This is 76% below median its historical median of 49.47. Over the past decade, 360 Ludashi Holdings' Gross Margin % has ranged from 11.45 to 86.51. According to the industry distribution chart, 360 Ludashi Holdings ranks #462 out of 493 companies in the Interactive Media industry, placing it in the top 93.7%.
Is 360 Ludashi Holdings' Gross Margin % too high?
360 Ludashi Holdings' current Gross Margin % of 12.01% is 76% below median its 10-year median of 49.47. Over the past 10 years, this metric has ranged from a low of 11.45 to a high of 86.51. The Interactive Media industry median Gross Margin % is 61.61. 360 Ludashi Holdings' value of 12.01% is 80.5% below this industry median. Based on the distribution chart, 360 Ludashi Holdings ranks #462 out of 493 companies in the Interactive Media industry, which is in the bottom quartile relative to peers. Overall, 360 Ludashi Holdings has a GF Score™ of 88/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does 360 Ludashi Holdings' Gross Margin % compare to GOOGL and META?
According to the Interactive Media industry distribution chart, 360 Ludashi Holdings ranks #462 out of 493 companies for Gross Margin %. This places 360 Ludashi Holdings in the lower half of its industry. The industry median Gross Margin % is 61.61. 360 Ludashi Holdings' value of 12.01% is 80.5% below this benchmark. Historically, 360 Ludashi Holdings' own Gross Margin % has ranged from 11.45 to 86.51 over the past decade. While the company's 10-year median is 49.47 vs. the industry median of 61.61, 360 Ludashi 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 an Interactive Media company?
The median Gross Margin % among Interactive Media companies is 61.61, based on 493 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. 360 Ludashi Holdings's current Gross Margin % of 12.01% is 80.5% 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 360 Ludashi Holdings and its competitors. For the Interactive Media industry, the median Gross Margin % is 61.61 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. 360 Ludashi Holdings's current Gross Margin % is 12.01%, which is 76% below median its own 10-year median of 49.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is 360 Ludashi Holdings stock overvalued right now?
Based on GuruFocus' analysis, 360 Ludashi Holdings (HKSE:03601) is currently considered Significantly Undervalued. The stock's GF Value™ is HK$1.24, compared to a current price of HK$0.68 — trading 45.2% below its estimated fair value. The current Gross Margin % is 12.01%, which is 76% below median its 10-year median of 49.47 and 80.5% below the Interactive Media industry median of 61.61. 360 Ludashi Holdings' overall GF Score™ is 88/100 with 3 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 360 Ludashi Holdings (HKSE:03601), the current Gross Margin % is 12.01% 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 360 Ludashi Holdings (HKSE:03601) Overvalued in 2026?

Based on GuruFocus' analysis, 360 Ludashi Holdings stock appears to be undervalued. The current stock price of HK$0.68 is trading 45.2% below its estimated GF Value™ of HK$1.24. GuruFocus considers 360 Ludashi Holdings to be Significantly Undervalued.

Key valuation signals for HKSE:03601:

  • Gross Margin %: 12.01% (76% below median its 10-year median of 49.47)
  • GF Value™: HK$1.24 vs. price of HK$0.68 (45.2% below fair value)
  • GF Score™: 88/100 with 3 warning signs
  • Industry Position: 80.5% below the Interactive Media median (#462 of 493)

No single metric tells the full story. See the HKSE:03601 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


360 Ludashi Holdings Business Description

Address 1268 Tianfu Avenue, 11th Floor, 11-24 Tianfu Software Site E1, High-tech Zone, Sichuan Province, Chengdu, CHN, 610041
360 Ludashi Holdings Ltd develops PC and mobile devices utility software offered free-of-charge to users and monetized through online advertising and online game business. Ludashi Software specializes in PC and smartphone hardware and system benchmarking and monitoring. The Group has accumulated a large user base through free download and installation of Ludashi Software and other utility software. It also provides precise traffic placement and referral services for live streaming and short video content on mobile e-commerce platforms, generating stable revenue from online advertising. Its segments include online traffic monetization and electronic devices sales, with online traffic monetization generating maximum revenue. The Group generates maximum revenue from the PRC.
88GF Score

Get the complete analysis for HKSE:03601

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

HK$0.68
Price
HK$1.24
GF Value