Zhou Liu Fu Jewellery Co (HKSE:06168) Gross Margin %: 28.95% (As of Dec. 2025) — Near Median

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HKSE:06168 Zhou Liu Fu Jewellery Co Ltd HKSE:06168
20 GF Score
Price HK$13.43
! 1 Warning Sign
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What is Zhou Liu Fu Jewellery Co Gross Margin %?

Zhou Liu Fu Jewellery Co HKSE:06168 -0.89% 20 Gross Margin % is 28.95% as of Dec. 2025, which is 8% above its 10-year median of 26.87. GuruFocus rates HKSE:06168 with a GF Score™ of 20/100. The stock has 1 warning sign investors should review. Among 1,114 Retail - Cyclical companies, Zhou Liu Fu Jewellery Co ranks worse than 57.99% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Zhou Liu Fu Jewellery Co's Gross Profit for the six months ended in Dec. 2025 was HK$858 Mil. Zhou Liu Fu Jewellery Co's Revenue for the six months ended in Dec. 2025 was HK$2,965 Mil. Therefore, Zhou Liu Fu Jewellery Co's Gross Margin % for the quarter that ended in Dec. 2025 was 28.95%.


The historical rank and industry rank for Zhou Liu Fu Jewellery Co's Gross Margin % or its related term are showing as below:

HKSE:06168' s Gross Margin % Range Over the Past 10 Years
Min: 25.86   Med: 26.87   Max: 38.69
Current: 31.69


During the past 4 years, the highest Gross Margin % of Zhou Liu Fu Jewellery Co was 38.69%. The lowest was 25.86%. And the median was 26.87%.

HKSE:06168's Gross Margin % is ranked worse than
57.99% of 1114 companies
in the Retail - Cyclical industry
Industry Median: 36.18 vs HKSE:06168: 31.69

Zhou Liu Fu Jewellery Co had a gross margin of 28.95% for the quarter that ended in Dec. 2025 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Zhou Liu Fu Jewellery Co was 0.00% per year.


Zhou Liu Fu Jewellery Co  (HKSE:06168) 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

Zhou Liu Fu Jewellery Co had a gross margin of 28.95% 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.


Zhou Liu Fu Jewellery Co Gross Margin % Related Terms


Zhou Liu Fu Jewellery Co Gross Margin % Historical Data

* Premium members only.

The historical data trend for Zhou Liu Fu Jewellery Co'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.

Zhou Liu Fu Jewellery Co Gross Margin % Chart

Zhou Liu Fu Jewellery Co Annual Data
Trend Dec22 Dec23 Dec24 Dec25
Gross Margin %
38.69 26.23 25.86 27.50

Zhou Liu Fu Jewellery Co Semi-Annual Data
Dec22 Dec23 Jun24 Dec24 Jun25 Dec25 Jun26
Gross Margin % Get a 7-Day Free Trial 25.42 26.34 26.26 28.95 34.65

HKSE:06168 vs TPR: Gross Margin % Comparison

For the Luxury Goods subindustry, Zhou Liu Fu Jewellery Co'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.


Zhou Liu Fu Jewellery Co Gross Margin % vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Zhou Liu Fu Jewellery Co's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Zhou Liu Fu Jewellery Co's Gross Margin % falls into.


HKSE:06168
20GF Score
Zhou Liu Fu Jewellery Co Ltd HKSE:06168
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Zhou Liu Fu Jewellery Co Gross Margin % Calculation

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

Zhou Liu Fu Jewellery Co'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 )
=1772.3 / 6445.292
=(Revenue - Cost of Goods Sold) / Revenue
=(6445.292 - 4673.025) / 6445.292
=27.50 %

Zhou Liu Fu Jewellery Co'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 )
=858.4 / 2964.942
=(Revenue - Cost of Goods Sold) / Revenue
=(2964.942 - 2106.557) / 2964.942
=28.95 %

* 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 28.95% mean?
Zhou Liu Fu Jewellery Co (HKSE:06168) has a Gross Margin % of 28.95% as of Dec. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on Zhou Liu Fu Jewellery Co and its competitors. This is near median its historical median of 26.87. Over the past decade, Zhou Liu Fu Jewellery Co's Gross Margin % has ranged from 25.86 to 38.69. According to the industry distribution chart, Zhou Liu Fu Jewellery Co ranks #646 out of 1114 companies in the Retail - Cyclical industry, placing it in the top 58%.
Is Zhou Liu Fu Jewellery Co's Gross Margin % too high?
Zhou Liu Fu Jewellery Co's current Gross Margin % of 28.95% is near median its 10-year median of 26.87. Over the past 10 years, this metric has ranged from a low of 25.86 to a high of 38.69. The Retail - Cyclical industry median Gross Margin % is 36.18. Zhou Liu Fu Jewellery Co's value of 28.95% is 20% below this industry median. Based on the distribution chart, Zhou Liu Fu Jewellery Co ranks #646 out of 1114 companies in the Retail - Cyclical industry, which is below the industry midpoint. Overall, Zhou Liu Fu Jewellery Co has a GF Score™ of 20/100, reflecting its overall financial health beyond just this single metric.
How does Zhou Liu Fu Jewellery Co's Gross Margin % compare to TPR?
According to the Retail - Cyclical industry distribution chart, Zhou Liu Fu Jewellery Co ranks #646 out of 1114 companies for Gross Margin %. This places Zhou Liu Fu Jewellery Co in the lower half of its industry. The industry median Gross Margin % is 36.18. Zhou Liu Fu Jewellery Co's value of 28.95% is 20% below this benchmark. Historically, Zhou Liu Fu Jewellery Co's own Gross Margin % has ranged from 25.86 to 38.69 over the past decade. While the company's 10-year median is 26.87 vs. the industry median of 36.18, Zhou Liu Fu Jewellery Co 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 Retail - Cyclical company?
The median Gross Margin % among Retail - Cyclical companies is 36.18, based on 1,114 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. Zhou Liu Fu Jewellery Co's current Gross Margin % of 28.95% is 20% 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 Zhou Liu Fu Jewellery Co and its competitors. For the Retail - Cyclical industry, the median Gross Margin % is 36.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zhou Liu Fu Jewellery Co's current Gross Margin % is 28.95%, which is near median its own 10-year median of 26.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhou Liu Fu Jewellery Co stock overvalued right now?
Zhou Liu Fu Jewellery Co (HKSE:06168) has a current Gross Margin % of 28.95%. The current Gross Margin % is 28.95%, which is near median its 10-year median of 26.87 and 20% below the Retail - Cyclical industry median of 36.18. Zhou Liu Fu Jewellery Co's overall GF Score™ is 20/100 with 1 warning sign 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 Zhou Liu Fu Jewellery Co (HKSE:06168), the current Gross Margin % is 28.95% 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.

Zhou Liu Fu Jewellery Co Business Description

Address No. 3031 Taibai Road, Dongxiao Street, 2301-2409, Zhongguan Business Building, Dongxiao Community, Luohu District, Guangdong, Shenzhen, CHN
Zhou Liu Fu Jewellery Co Ltd is a jewelry company in China that offers gold jewelry products and diamond-set jewelry products, through its offline stores and online sales channels. Its business model integrates jewelry product development and design, procurement and supply, franchising and brand operation. The company has established a network of e-commerce and retail stores across China.
20GF Score

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

HK$13.43
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