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IFBHHKSE:06603 -0.10%21 Gross Margin % is 31.94% as of Dec. 2025, which is 8% below its 10-year median of 34.70. GuruFocus rates HKSE:06603 with a GF Score™ of 21/100. The stock has 1 warning sign investors should review. Among 117 Beverages - Non-Alcoholic companies, IFBH ranks worse than 68.38% on this metric.
Gross Margin % is calculated as gross profit divided by its revenue. IFBH's Gross Profit for the
six
months ended in Dec. 2025 was HK$204 Mil. IFBH's Revenue for the
six
months ended in Dec. 2025 was HK$638 Mil. Therefore, IFBH's Gross Margin % for the quarter that ended in Dec. 2025 was 31.94%.
The historical rank and industry rank for IFBH's Gross Margin % or its related term are showing as below:
HKSE:06603'
s Gross Margin % Range Over the Past 10 Years
Min: 32.88 Med: 34.7 Max: 36.7
Current: 32.89
During the past 3 years, the highestGross Margin % of IFBH was 36.70%. The lowest was 32.88%. And the median was 34.70%.
HKSE:06603's Gross Margin % is ranked worse than 68.38% of 117
companies
in the Beverages - Non-Alcoholic industry
Industry Median: 38.78
vs HKSE:06603: 32.89
IFBH had a gross margin of 31.94% for the quarter that ended in Dec. 2025 => Competition eroding margins
The 5-Year average Growth Rate of Gross Margin for IFBH was 0.00% 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
IFBH had a gross margin of 31.94% 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.
IFBH Gross Margin % Related Terms
IFBH Gross Margin % Historical Data
* Premium members only.
The historical data trend for IFBH'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.
IFBH Gross Margin % Chart
IFBH Annual Data
Trend
Dec23
Dec24
Dec25
Gross Margin %
34.70
36.70
32.88
IFBH Semi-Annual Data
Dec23
Jun24
Dec24
Jun25
Dec25
Gross Margin %
0.00
38.42
35.26
33.70
31.94
HKSE:06603 vs KO, PEP, MNST: Gross Margin % Comparison
For the Beverages - Non-Alcoholic subindustry, IFBH'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.
IFBH Gross Margin % vs Beverages - Non-Alcoholic Industry
For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, IFBH's Gross Margin % distribution charts can be found below:
* The bar in red indicates where IFBH'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.
IFBH (HKSE:06603) has a Gross Margin % of 31.94% as of Dec. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on IFBH and its competitors. This is near median its historical median of 34.70. Over the past decade, IFBH's Gross Margin % has ranged from 32.88 to 36.70. According to the industry distribution chart, IFBH ranks #80 out of 117 companies in the Beverages - Non-Alcoholic industry, placing it in the top 68.4%.
Is IFBH's Gross Margin % too high?
IFBH's current Gross Margin % of 31.94% is near median its 10-year median of 34.70. Over the past 10 years, this metric has ranged from a low of 32.88 to a high of 36.70. The Beverages - Non-Alcoholic industry median Gross Margin % is 38.78. IFBH's value of 31.94% is 17.6% below this industry median. Based on the distribution chart, IFBH ranks #80 out of 117 companies in the Beverages - Non-Alcoholic industry, which is below the industry midpoint. Overall, IFBH has a GF Score™ of 21/100, reflecting its overall financial health beyond just this single metric.
How does IFBH's Gross Margin % compare to KO and PEP?
According to the Beverages - Non-Alcoholic industry distribution chart, IFBH ranks #80 out of 117 companies for Gross Margin %. This places IFBH in the lower half of its industry. The industry median Gross Margin % is 38.78. IFBH's value of 31.94% is 17.6% below this benchmark. Historically, IFBH's own Gross Margin % has ranged from 32.88 to 36.70 over the past decade. While the company's 10-year median is 34.70 vs. the industry median of 38.78, IFBH 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 Beverages - Non-Alcoholic company?
The median Gross Margin % among Beverages - Non-Alcoholic companies is 38.78, based on 117 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. IFBH's current Gross Margin % of 31.94% is 17.6% 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 IFBH and its competitors. For the Beverages - Non-Alcoholic industry, the median Gross Margin % is 38.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. IFBH's current Gross Margin % is 31.94%, which is near median its own 10-year median of 34.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IFBH stock overvalued right now?
IFBH (HKSE:06603) has a current Gross Margin % of 31.94%. The current Gross Margin % is 31.94%, which is near median its 10-year median of 34.70 and 17.6% below the Beverages - Non-Alcoholic industry median of 38.78. IFBH's overall GF Score™ is 21/100 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 IFBH (HKSE:06603), the current Gross Margin % is 31.94% 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.
IFBH Ltd is a ready-to-consume beverage and food company rooted in Thailand. Its if brand is a leader in introducing ready-to-drink (RTD) natural coconut water to mainland China. Its products category include JUICE DRINK, NON-BEVERAGES, PLANT-BASED, and ORGANIC. The company generates majority of its revenue from coconut water sales. Geographically, mainland China is the majority revenue generator.
21GF Score
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