Everbright Grand China Assets (HKSE:03699) Gross Margin %: 64.77% (As of Dec. 2025) — 13% Below Median

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:03699 Everbright Grand China Assets Ltd HKSE:03699
61 GF Score
Price HK$0.40
GF Value HK$0.42
Valuation Fairly Valued
! 7 Warning Signs
View Full Analysis

What is Everbright Grand China Assets Gross Margin %?

Everbright Grand China Assets HKSE:03699 61 Gross Margin % is 64.77% as of Dec. 2025, which is 13% below its 10-year median of 74.49. GuruFocus rates HKSE:03699 with a GF Score™ of 61/100 and a GF Value™ of HK$0.42 (Fairly Valued). The stock has 7 warning signs investors should review. Among 1,637 Real Estate companies, Everbright Grand China Assets ranks better than 81% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Everbright Grand China Assets's Gross Profit for the six months ended in Dec. 2025 was HK$18.23 Mil. Everbright Grand China Assets's Revenue for the six months ended in Dec. 2025 was HK$28.14 Mil. Therefore, Everbright Grand China Assets's Gross Margin % for the quarter that ended in Dec. 2025 was 64.77%.

Warning Sign:

Everbright Grand China Assets Ltd gross margin has been in long-term decline. The average rate of decline per year is -1.7%.


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

HKSE:03699' s Gross Margin % Range Over the Past 10 Years
Min: 58.15   Med: 74.49   Max: 76
Current: 69.25


During the past 12 years, the highest Gross Margin % of Everbright Grand China Assets was 76.00%. The lowest was 58.15%. And the median was 74.49%.

HKSE:03699's Gross Margin % is ranked better than
81% of 1637 companies
in the Real Estate industry
Industry Median: 36.25 vs HKSE:03699: 69.25

Everbright Grand China Assets had a gross margin of 64.77% for the quarter that ended in Dec. 2025 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Everbright Grand China Assets was -1.70% per year.


Everbright Grand China Assets  (HKSE:03699) 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

Everbright Grand China Assets had a gross margin of 64.77% for the quarter that ended in Dec. 2025 => Durable 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.


Everbright Grand China Assets Gross Margin % Related Terms


Everbright Grand China Assets Gross Margin % Historical Data

* Premium members only.

The historical data trend for Everbright Grand China Assets'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.

Everbright Grand China Assets Gross Margin % Chart

Everbright Grand China Assets 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 75.20 73.64 74.00 71.90 69.27

Everbright Grand China Assets 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 72.96 73.07 70.63 73.96 64.77

HKSE:03699 vs CBRE, BEKE, JLL: Gross Margin % Comparison

For the Real Estate Services subindustry, Everbright Grand China Assets'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.


Everbright Grand China Assets Gross Margin % vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Everbright Grand China Assets's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Everbright Grand China Assets's Gross Margin % falls into.


HKSE:03699
61GF Score
Everbright Grand China Assets Ltd HKSE:03699
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Everbright Grand China Assets Gross Margin % Calculation

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

Everbright Grand China Assets'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 )
=38.2 / 55.158
=(Revenue - Cost of Goods Sold) / Revenue
=(55.158 - 16.948) / 55.158
=69.27 %

Everbright Grand China Assets'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 )
=18.2 / 28.141
=(Revenue - Cost of Goods Sold) / Revenue
=(28.141 - 9.913) / 28.141
=64.77 %

* 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 64.77% mean?
Everbright Grand China Assets (HKSE:03699) has a Gross Margin % of 64.77% as of Dec. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on Everbright Grand China Assets and its competitors. This is 13% below median its historical median of 74.49. Over the past decade, Everbright Grand China Assets' Gross Margin % has ranged from 58.15 to 76.00. According to the industry distribution chart, Everbright Grand China Assets ranks #311 out of 1637 companies in the Real Estate industry, placing it in the top 19%.
Is Everbright Grand China Assets' Gross Margin % too high?
Everbright Grand China Assets' current Gross Margin % of 64.77% is 13% below median its 10-year median of 74.49. Over the past 10 years, this metric has ranged from a low of 58.15 to a high of 76.00. The Real Estate industry median Gross Margin % is 36.25. Everbright Grand China Assets' value of 64.77% is 78.7% above this industry median. Based on the distribution chart, Everbright Grand China Assets ranks #311 out of 1637 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. Overall, Everbright Grand China Assets has a GF Score™ of 61/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Everbright Grand China Assets' Gross Margin % compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Everbright Grand China Assets ranks #311 out of 1637 companies for Gross Margin %. This places Everbright Grand China Assets in the top 19% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 36.25. Everbright Grand China Assets' value of 64.77% is 78.7% above this benchmark. Historically, Everbright Grand China Assets' own Gross Margin % has ranged from 58.15 to 76.00 over the past decade. While the company's 10-year median is 74.49 vs. the industry median of 36.25, Everbright Grand China Assets has consistently been above 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 36.25, based on 1,637 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. Everbright Grand China Assets's current Gross Margin % of 64.77% is 78.7% above 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 Everbright Grand China Assets and its competitors. For the Real Estate industry, the median Gross Margin % is 36.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Everbright Grand China Assets's current Gross Margin % is 64.77%, which is 13% below median its own 10-year median of 74.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Everbright Grand China Assets stock overvalued right now?
Based on GuruFocus' analysis, Everbright Grand China Assets (HKSE:03699) is currently considered Fairly Valued. The stock's GF Value™ is HK$0.42, compared to a current price of HK$0.40 — trading 6% below its estimated fair value. The current Gross Margin % is 64.77%, which is 13% below median its 10-year median of 74.49 and 78.7% above the Real Estate industry median of 36.25. Everbright Grand China Assets' overall GF Score™ is 61/100 with 7 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 Everbright Grand China Assets (HKSE:03699), the current Gross Margin % is 64.77% 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 Everbright Grand China Assets (HKSE:03699) Overvalued in 2026?

Based on GuruFocus' analysis, Everbright Grand China Assets stock appears to be undervalued. The current stock price of HK$0.40 is trading 6% below its estimated GF Value™ of HK$0.42. GuruFocus considers Everbright Grand China Assets to be Fairly Valued.

Key valuation signals for HKSE:03699:

  • Gross Margin %: 64.77% (13% below median its 10-year median of 74.49)
  • GF Value™: HK$0.42 vs. price of HK$0.40 (6% below fair value)
  • GF Score™: 61/100 with 7 warning signs
  • Industry Position: 78.7% above the Real Estate median (#311 of 1637)

No single metric tells the full story. See the HKSE:03699 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Everbright Grand China Assets Business Description

Address 56 Gloucester Road, Room 1302, 13th Floor, Bank of East Asia Harbour View Centre, Wanchai, Hong Kong, HKG
Everbright Grand China Assets Ltd is a property management company engaged in property leasing, provision of property management services, and sales of properties held for sale. The Group's leasing properties are located in Chengdu, Sichuan province, and Kunming, Yunnan province, in the PRC. The Group mainly operates in the Chinese Mainland.
61GF Score

Get the complete analysis for HKSE:03699

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

HK$0.40
Price
HK$0.42
GF Value