E-Star Commercial Management Co (HKSE:06668) Gross Margin %: 43.39% (As of Dec. 2025) — 16% Below Median

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HKSE:06668 E-Star Commercial Management Co Ltd HKSE:06668
89 GF Score
Price HK$1.38
GF Value HK$1.35
Valuation Fairly Valued
! 10 Warning Signs
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What is E-Star Commercial Management Co Gross Margin %?

E-Star Commercial Management Co HKSE:06668 89 Gross Margin % is 43.39% as of Dec. 2025, which is 16% below its 10-year median of 51.79. GuruFocus rates HKSE:06668 with a GF Score™ of 89/100 and a GF Value™ of HK$1.35 (Fairly Valued). The stock has 10 warning signs investors should review. Among 1,642 Real Estate companies, E-Star Commercial Management Co ranks better than 61.02% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. E-Star Commercial Management Co's Gross Profit for the six months ended in Dec. 2025 was HK$143.2 Mil. E-Star Commercial Management Co's Revenue for the six months ended in Dec. 2025 was HK$329.9 Mil. Therefore, E-Star Commercial Management Co's Gross Margin % for the quarter that ended in Dec. 2025 was 43.39%.

Warning Sign:

E-Star Commercial Management Co Ltd gross margin has been in long-term decline. The average rate of decline per year is -4.3%.


The historical rank and industry rank for E-Star Commercial Management Co's Gross Margin % or its related term are showing as below:

HKSE:06668' s Gross Margin % Range Over the Past 10 Years
Min: 46.22   Med: 51.79   Max: 57.75
Current: 47.01


During the past 9 years, the highest Gross Margin % of E-Star Commercial Management Co was 57.75%. The lowest was 46.22%. And the median was 51.79%.

HKSE:06668's Gross Margin % is ranked better than
61.02% of 1642 companies
in the Real Estate industry
Industry Median: 36.69 vs HKSE:06668: 47.01

E-Star Commercial Management Co had a gross margin of 43.39% for the quarter that ended in Dec. 2025 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for E-Star Commercial Management Co was -4.30% per year.


E-Star Commercial Management Co  (HKSE:06668) 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

E-Star Commercial Management Co had a gross margin of 43.39% 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.


E-Star Commercial Management Co Gross Margin % Related Terms


E-Star Commercial Management Co Gross Margin % Historical Data

* Premium members only.

The historical data trend for E-Star Commercial Management 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.

E-Star Commercial Management Co Gross Margin % Chart

E-Star Commercial Management Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Gross Margin %
Get a 7-Day Free Trial Premium Member Only 57.75 55.72 52.53 46.22 47.74

E-Star Commercial Management Co Semi-Annual Data
Dec17 Dec18 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 Jun26
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 51.59 41.13 52.31 43.39 50.69

HKSE:06668 vs CBRE, BEKE, JLL: Gross Margin % Comparison

For the Real Estate Services subindustry, E-Star Commercial Management 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.


E-Star Commercial Management Co Gross Margin % vs Real Estate Industry

For the Real Estate industry and Real Estate sector, E-Star Commercial Management Co's Gross Margin % distribution charts can be found below:

* The bar in red indicates where E-Star Commercial Management Co's Gross Margin % falls into.


HKSE:06668
89GF Score
E-Star Commercial Management Co Ltd HKSE:06668
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

E-Star Commercial Management Co Gross Margin % Calculation

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

E-Star Commercial Management 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 )
=307.4 / 643.942
=(Revenue - Cost of Goods Sold) / Revenue
=(643.942 - 336.532) / 643.942
=47.74 %

E-Star Commercial Management 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 )
=143.2 / 329.947
=(Revenue - Cost of Goods Sold) / Revenue
=(329.947 - 186.789) / 329.947
=43.39 %

* 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 43.39% mean?
E-Star Commercial Management Co (HKSE:06668) has a Gross Margin % of 43.39% as of Dec. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on E-Star Commercial Management Co and its competitors. This is 16% below median its historical median of 51.79. Over the past decade, E-Star Commercial Management Co's Gross Margin % has ranged from 46.22 to 57.75. According to the industry distribution chart, E-Star Commercial Management Co ranks #640 out of 1642 companies in the Real Estate industry, placing it in the top 39%.
Is E-Star Commercial Management Co's Gross Margin % too high?
E-Star Commercial Management Co's current Gross Margin % of 43.39% is 16% below median its 10-year median of 51.79. Over the past 10 years, this metric has ranged from a low of 46.22 to a high of 57.75. The Real Estate industry median Gross Margin % is 36.69. E-Star Commercial Management Co's value of 43.39% is 18.3% above this industry median. Based on the distribution chart, E-Star Commercial Management Co ranks #640 out of 1642 companies in the Real Estate industry, which is above the industry midpoint. Overall, E-Star Commercial Management Co has a GF Score™ of 89/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does E-Star Commercial Management Co's Gross Margin % compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, E-Star Commercial Management Co ranks #640 out of 1642 companies for Gross Margin %. This puts E-Star Commercial Management Co in the upper half of its industry. The industry median Gross Margin % is 36.69. E-Star Commercial Management Co's value of 43.39% is 18.3% above this benchmark. Historically, E-Star Commercial Management Co's own Gross Margin % has ranged from 46.22 to 57.75 over the past decade. While the company's 10-year median is 51.79 vs. the industry median of 36.69, E-Star Commercial Management Co 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 36.69, based on 1,642 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. E-Star Commercial Management Co's current Gross Margin % of 43.39% is 18.3% 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 E-Star Commercial Management Co and its competitors. For the Real Estate industry, the median Gross Margin % is 36.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. E-Star Commercial Management Co's current Gross Margin % is 43.39%, which is 16% below median its own 10-year median of 51.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is E-Star Commercial Management Co stock overvalued right now?
Based on GuruFocus' analysis, E-Star Commercial Management Co (HKSE:06668) is currently considered Fairly Valued. The stock's GF Value™ is HK$1.35, compared to a current price of HK$1.38 — trading 2.2% above its estimated fair value. The current Gross Margin % is 43.39%, which is 16% below median its 10-year median of 51.79 and 18.3% above the Real Estate industry median of 36.69. E-Star Commercial Management Co's overall GF Score™ is 89/100 with 10 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 E-Star Commercial Management Co (HKSE:06668), the current Gross Margin % is 43.39% 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 E-Star Commercial Management Co (HKSE:06668) Overvalued in 2026?

Based on GuruFocus' analysis, E-Star Commercial Management Co stock appears to be overvalued. The current stock price of HK$1.38 is trading 2.2% above its estimated GF Value™ of HK$1.35. GuruFocus considers E-Star Commercial Management Co to be Fairly Valued.

Key valuation signals for HKSE:06668:

  • Gross Margin %: 43.39% (16% below median its 10-year median of 51.79)
  • GF Value™: HK$1.35 vs. price of HK$1.38 (2.2% above fair value)
  • GF Score™: 89/100 with 10 warning signs
  • Industry Position: 18.3% above the Real Estate median (#640 of 1642)

No single metric tells the full story. See the HKSE:06668 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


E-Star Commercial Management Co Business Description

Address 1 Yabao Road, 33nd Floor, Building A Galaxy World, Longgang District, Guangdong Province, Shenzhen, CHN, 518000
E-Star Commercial Management Co Ltd is a commercial property operational service provider in China. It is engaged in providing consultancy services to property owners; tenant sourcing services, and operational management services to tenants and property owners, and rent collection services; property leasing services including sublease of commercial spaces; and value-added services including management of common areas in the shopping centers and management of advertising spaces, such as LED boards and interior and exterior facades of the shopping centers. the Group's operations are mainly in the PRC. The Group generates revenue from provision of commercial property operational services to either owners or tenants in respect of the commercial properties in the PRC.
89GF Score

Get the complete analysis for HKSE:06668

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

HK$1.38
Price
HK$1.35
GF Value