JINGDONG Industrials (HKSE:07618) Gross Margin %: 16.54% (As of Dec. 2025) — Near Median

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HKSE:07618 JINGDONG Industrials Inc HKSE:07618
18 GF Score
Price HK$13.58
! 3 Warning Signs
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What is JINGDONG Industrials Gross Margin %?

JINGDONG Industrials HKSE:07618 -2.65% 18 Gross Margin % is 16.54% as of Dec. 2025, which is 2% below its 10-year median of 16.82. GuruFocus rates HKSE:07618 with a GF Score™ of 18/100. The stock has 3 warning signs investors should review. Among 2,690 Software companies, JINGDONG Industrials ranks worse than 83.31% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. JINGDONG Industrials's Gross Profit for the six months ended in Dec. 2025 was HK$2,503 Mil. JINGDONG Industrials's Revenue for the six months ended in Dec. 2025 was HK$15,136 Mil. Therefore, JINGDONG Industrials's Gross Margin % for the quarter that ended in Dec. 2025 was 16.54%.


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

HKSE:07618' s Gross Margin % Range Over the Past 10 Years
Min: 16.14   Med: 16.82   Max: 17.98
Current: 17.4


During the past 4 years, the highest Gross Margin % of JINGDONG Industrials was 17.98%. The lowest was 16.14%. And the median was 16.82%.

HKSE:07618's Gross Margin % is ranked worse than
83.31% of 2690 companies
in the Software industry
Industry Median: 40.58 vs HKSE:07618: 17.40

JINGDONG Industrials had a gross margin of 16.54% for the quarter that ended in Dec. 2025 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for JINGDONG Industrials was 0.00% per year.


JINGDONG Industrials  (HKSE:07618) 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

JINGDONG Industrials had a gross margin of 16.54% 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.


JINGDONG Industrials Gross Margin % Related Terms


JINGDONG Industrials Gross Margin % Historical Data

* Premium members only.

The historical data trend for JINGDONG Industrials'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.

JINGDONG Industrials Gross Margin % Chart

JINGDONG Industrials Annual Data
Trend Dec22 Dec23 Dec24 Dec25
Gross Margin %
17.98 16.14 16.24 17.40

JINGDONG Industrials Semi-Annual Data
Dec22 Dec23 Jun24 Dec24 Jun25 Dec25
Gross Margin % Get a 7-Day Free Trial 0.00 16.90 15.77 18.55 16.54

HKSE:07618 vs QH, SHOP, UBER: Gross Margin % Comparison

For the Software - Application subindustry, JINGDONG Industrials'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.


JINGDONG Industrials Gross Margin % vs Software Industry

For the Software industry and Technology sector, JINGDONG Industrials's Gross Margin % distribution charts can be found below:

* The bar in red indicates where JINGDONG Industrials's Gross Margin % falls into.


HKSE:07618
18GF Score
JINGDONG Industrials Inc HKSE:07618
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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JINGDONG Industrials Gross Margin % Calculation

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

JINGDONG Industrials'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 )
=4604.1 / 26460.143
=(Revenue - Cost of Goods Sold) / Revenue
=(26460.143 - 21856.085) / 26460.143
=17.40 %

JINGDONG Industrials'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 )
=2503.3 / 15136.282
=(Revenue - Cost of Goods Sold) / Revenue
=(15136.282 - 12632.958) / 15136.282
=16.54 %

* 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 16.54% mean?
JINGDONG Industrials (HKSE:07618) has a Gross Margin % of 16.54% as of Dec. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on JINGDONG Industrials and its competitors. This is near median its historical median of 16.82. Over the past decade, JINGDONG Industrials' Gross Margin % has ranged from 16.14 to 17.98. According to the industry distribution chart, JINGDONG Industrials ranks #2241 out of 2690 companies in the Software industry, placing it in the top 83.3%.
Is JINGDONG Industrials' Gross Margin % too high?
JINGDONG Industrials' current Gross Margin % of 16.54% is near median its 10-year median of 16.82. Over the past 10 years, this metric has ranged from a low of 16.14 to a high of 17.98. The Software industry median Gross Margin % is 40.58. JINGDONG Industrials' value of 16.54% is 59.2% below this industry median. Based on the distribution chart, JINGDONG Industrials ranks #2241 out of 2690 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, JINGDONG Industrials has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does JINGDONG Industrials' Gross Margin % compare to QH and SHOP?
According to the Software industry distribution chart, JINGDONG Industrials ranks #2241 out of 2690 companies for Gross Margin %. This places JINGDONG Industrials in the lower half of its industry. The industry median Gross Margin % is 40.58. JINGDONG Industrials' value of 16.54% is 59.2% below this benchmark. Historically, JINGDONG Industrials' own Gross Margin % has ranged from 16.14 to 17.98 over the past decade. While the company's 10-year median is 16.82 vs. the industry median of 40.58, JINGDONG Industrials 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 Software company?
The median Gross Margin % among Software companies is 40.58, based on 2,690 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. JINGDONG Industrials's current Gross Margin % of 16.54% is 59.2% 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 JINGDONG Industrials and its competitors. For the Software industry, the median Gross Margin % is 40.58 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. JINGDONG Industrials's current Gross Margin % is 16.54%, which is near median its own 10-year median of 16.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is JINGDONG Industrials stock overvalued right now?
JINGDONG Industrials (HKSE:07618) has a current Gross Margin % of 16.54%. The current Gross Margin % is 16.54%, which is near median its 10-year median of 16.82 and 59.2% below the Software industry median of 40.58. JINGDONG Industrials' overall GF Score™ is 18/100 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 JINGDONG Industrials (HKSE:07618), the current Gross Margin % is 16.54% 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.

JINGDONG Industrials Business Description

Address No. 59 Kechuang 11 Street, Yizhuang Economic and Technological Development Zone, 3rd Floor, Building 4, JD National Headquarters, Daxing District, Beijing, CHN, 101111
JINGDONG Industrials Inc is engaged in industrial supply chain technology and acts as service provider in China. With the help of transformative digitalization of the industrial supply chain, the company help customers to increase supply chain reliability, reduce costs, enhance efficiency, and ensure compliance. established an end-to-end supply chain digital infrastructure and leveraged broad product offerings, and streamlined operations to address the common fundamental needs of the industry.
18GF Score

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

HK$13.58
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