Hao Wen Holdings (HKSE:08019) Gross Margin %: 87.30% (As of Dec. 2025) — 37% Above 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.

What is Hao Wen Holdings Gross Margin %?

Hao Wen Holdings HKSE:08019 Gross Margin % is 87.30% as of Dec. 2025, which is 37% above its 10-year median of 63.90. The stock has 6 warning signs investors should review. Among 390 Credit Services companies, Hao Wen Holdings ranks better than 74.87% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Hao Wen Holdings's Gross Profit for the six months ended in Dec. 2025 was HK$13.04 Mil. Hao Wen Holdings's Revenue for the six months ended in Dec. 2025 was HK$14.93 Mil. Therefore, Hao Wen Holdings's Gross Margin % for the quarter that ended in Dec. 2025 was 87.30%.


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

HKSE:08019' s Gross Margin % Range Over the Past 10 Years
Min: 54.33   Med: 63.9   Max: 74.2
Current: 73.32


During the past 13 years, the highest Gross Margin % of Hao Wen Holdings was 74.20%. The lowest was 54.33%. And the median was 63.90%.

HKSE:08019's Gross Margin % is ranked better than
74.87% of 390 companies
in the Credit Services industry
Industry Median: 51.495 vs HKSE:08019: 73.32

Hao Wen Holdings had a gross margin of 87.30% for the quarter that ended in Dec. 2025 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Hao Wen Holdings was 4.20% per year.


Hao Wen Holdings  (HKSE:08019) 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

Hao Wen Holdings had a gross margin of 87.30% 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.


Hao Wen Holdings Gross Margin % Related Terms


Hao Wen Holdings Gross Margin % Historical Data

* Premium members only.

The historical data trend for Hao Wen Holdings'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.

Hao Wen Holdings Gross Margin % Chart

Hao Wen Holdings 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 58.15 62.35 72.79 74.20 73.26

Hao Wen Holdings 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 81.91 69.15 81.13 64.58 87.30

HKSE:08019 vs V, MA, AXP: Gross Margin % Comparison

For the Credit Services subindustry, Hao Wen Holdings'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.


Hao Wen Holdings Gross Margin % vs Credit Services Industry

For the Credit Services industry and Financial Services sector, Hao Wen Holdings's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Hao Wen Holdings's Gross Margin % falls into.



Hao Wen Holdings Gross Margin % Calculation

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

Hao Wen Holdings'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 )
=28.6 / 39.087
=(Revenue - Cost of Goods Sold) / Revenue
=(39.087 - 10.451) / 39.087
=73.26 %

Hao Wen Holdings'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 )
=13 / 14.934
=(Revenue - Cost of Goods Sold) / Revenue
=(14.934 - 1.897) / 14.934
=87.30 %

* 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 87.30% mean?
Hao Wen Holdings (HKSE:08019) has a Gross Margin % of 87.30% as of Dec. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on Hao Wen Holdings and its competitors. This is 37% above median its historical median of 63.90. Over the past decade, Hao Wen Holdings' Gross Margin % has ranged from 54.33 to 74.20. According to the industry distribution chart, Hao Wen Holdings ranks #98 out of 390 companies in the Credit Services industry, placing it in the top 25.1%.
Is Hao Wen Holdings' Gross Margin % too high?
Hao Wen Holdings' current Gross Margin % of 87.30% is 37% above median its 10-year median of 63.90. Over the past 10 years, this metric has ranged from a low of 54.33 to a high of 74.20. The Credit Services industry median Gross Margin % is 51.50. Hao Wen Holdings' value of 87.30% is 69.5% above this industry median. Based on the distribution chart, Hao Wen Holdings ranks #98 out of 390 companies in the Credit Services industry, which is above the industry midpoint.
How does Hao Wen Holdings' Gross Margin % compare to V and MA?
According to the Credit Services industry distribution chart, Hao Wen Holdings ranks #98 out of 390 companies for Gross Margin %. This puts Hao Wen Holdings in the upper half of its industry. The industry median Gross Margin % is 51.50. Hao Wen Holdings' value of 87.30% is 69.5% above this benchmark. Historically, Hao Wen Holdings' own Gross Margin % has ranged from 54.33 to 74.20 over the past decade. While the company's 10-year median is 63.90 vs. the industry median of 51.50, Hao Wen Holdings 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 Credit Services company?
The median Gross Margin % among Credit Services companies is 51.50, based on 390 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. Hao Wen Holdings's current Gross Margin % of 87.30% is 69.5% 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 Hao Wen Holdings and its competitors. For the Credit Services industry, the median Gross Margin % is 51.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hao Wen Holdings's current Gross Margin % is 87.30%, which is 37% above median its own 10-year median of 63.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hao Wen Holdings stock overvalued right now?
Based on GuruFocus' analysis, Hao Wen Holdings (HKSE:08019) is currently considered Possible Value Trap. The stock's GF Value™ is HK$0.15, compared to a current price of HK$0.07 — trading 54.7% below its estimated fair value. The current Gross Margin % is 87.30%, which is 37% above median its 10-year median of 63.90 and 69.5% above the Credit Services industry median of 51.50. 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 Hao Wen Holdings (HKSE:08019), the current Gross Margin % is 87.30% 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.

Hao Wen Holdings Business Description

Address 199 Des Voeux Road Central, Level 12, Infinitus Plaza, Sheung Wan, Hong Kong, HKG
Hao Wen Holdings Ltd is an investment holding company. The Company's operating and reportable segments are as follows, the Money Lending segment engages in interest income earned from the money lending business; the Electronic Parts segment engages in trading of electronic parts business; the Burial Business segment engages in sales of burial plots and related services business and cemetery maintenance service; and the Beauty Business segment engages in the provision of non-surgical injection treatments with no upfront payment and sales of beauty products. The company derives maximum revenue from the Money Lending segment and geographically from Hong Kong.