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VSINGHKSE:08292 -3.38%34 Gross Margin % is 14.26% as of Dec. 2025, which is 8% above its 10-year median of 13.15. GuruFocus rates HKSE:08292 with a GF Score™ of 34/100 and a GF Value™ of HK$0.07 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 941 Media - Diversified companies, VSING ranks worse than 85.33% on this metric.
Gross Margin % is calculated as gross profit divided by its revenue. VSING's Gross Profit for the
six
months ended in Dec. 2025 was HK$18.3 Mil. VSING's Revenue for the
six
months ended in Dec. 2025 was HK$128.3 Mil. Therefore, VSING's Gross Margin % for the quarter that ended in Dec. 2025 was 14.26%.
Warning Sign:
VSING Ltd gross margin has been in long-term decline. The average rate of decline per year is -2.5%.
The historical rank and industry rank for VSING's Gross Margin % or its related term are showing as below:
HKSE:08292'
s Gross Margin % Range Over the Past 10 Years
Min: 6.54 Med: 13.15 Max: 18.02
Current: 13.58
During the past 12 years, the highestGross Margin % of VSING was 18.02%. The lowest was 6.54%. And the median was 13.15%.
HKSE:08292's Gross Margin % is ranked worse than 85.33% of 941
companies
in the Media - Diversified industry
Industry Median: 38.99
vs HKSE:08292: 13.58
VSING had a gross margin of 14.26% for the quarter that ended in Dec. 2025 => No sustainable competitive advantage
The 5-Year average Growth Rate of Gross Margin for VSING was -2.50% per year.
VSING (HKSE:08292) 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
VSING had a gross margin of 14.26% 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.
VSING Gross Margin % Related Terms
VSING Gross Margin % Historical Data
* Premium members only.
The historical data trend for VSING'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.
HKSE:08292 vs NFLX, DIS, WBD: Gross Margin % Comparison
For the Entertainment subindustry, VSING'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.
VSING Gross Margin % vs Media - Diversified Industry
For the Media - Diversified industry and Communication Services sector, VSING's Gross Margin % distribution charts can be found below:
* The bar in red indicates where VSING'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.
VSING (HKSE:08292) has a Gross Margin % of 14.26% as of Dec. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on VSING and its competitors. This is near median its historical median of 13.15. Over the past decade, VSING's Gross Margin % has ranged from 6.54 to 18.02. According to the industry distribution chart, VSING ranks #803 out of 941 companies in the Media - Diversified industry, placing it in the top 85.3%.
Is VSING's Gross Margin % too high?
VSING's current Gross Margin % of 14.26% is near median its 10-year median of 13.15. Over the past 10 years, this metric has ranged from a low of 6.54 to a high of 18.02. The Media - Diversified industry median Gross Margin % is 38.99. VSING's value of 14.26% is 63.4% below this industry median. Based on the distribution chart, VSING ranks #803 out of 941 companies in the Media - Diversified industry, which is in the bottom quartile relative to peers. Overall, VSING has a GF Score™ of 34/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does VSING's Gross Margin % compare to NFLX and DIS?
According to the Media - Diversified industry distribution chart, VSING ranks #803 out of 941 companies for Gross Margin %. This places VSING in the lower half of its industry. The industry median Gross Margin % is 38.99. VSING's value of 14.26% is 63.4% below this benchmark. Historically, VSING's own Gross Margin % has ranged from 6.54 to 18.02 over the past decade. While the company's 10-year median is 13.15 vs. the industry median of 38.99, VSING 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 Media - Diversified company?
The median Gross Margin % among Media - Diversified companies is 38.99, based on 941 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. VSING's current Gross Margin % of 14.26% is 63.4% 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 VSING and its competitors. For the Media - Diversified industry, the median Gross Margin % is 38.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. VSING's current Gross Margin % is 14.26%, which is near median its own 10-year median of 13.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is VSING stock overvalued right now?
Based on GuruFocus' analysis, VSING (HKSE:08292) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.07, compared to a current price of HK$0.14 — trading 104.3% above its estimated fair value. The current Gross Margin % is 14.26%, which is near median its 10-year median of 13.15 and 63.4% below the Media - Diversified industry median of 38.99. VSING's overall GF Score™ is 34/100 with 6 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 VSING (HKSE:08292), the current Gross Margin % is 14.26% 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 VSING (HKSE:08292) Overvalued in 2026?
Based on GuruFocus' analysis, VSING stock appears to be overvalued.
The current stock price of HK$0.14 is trading 104.3% above its estimated GF Value™ of HK$0.07.
GuruFocus considers VSING to be Significantly Overvalued.
Key valuation signals for HKSE:08292:
Gross Margin %: 14.26% (near median its 10-year median of 13.15)
GF Value™: HK$0.07 vs. price of HK$0.14 (104.3% above fair value)
Industry Position: 63.4% below the Media - Diversified median (#803 of 941)
No single metric tells the full story. See the HKSE:08292 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
VSING Ltd is an investment holding company. Along with its subsidiaries, the company is engaged in providing international freight forwarding and logistics services, with a primary focus on air/ sea freight forwarding and related services, trucking and warehousing to customers across various countries, manufacturing and sale of plastic products in Vietnam and trading of used mobile phones. Its reportable segments are: Interactive entertainment technology platform and software business, Freight forwarding and related services, Trading of used mobile phones, and Manufacturing and sale of plastic products. The majority of the company's revenue is derived from the trading of used mobile phones segment. Geographically, key revenue is derived from Malaysia, and the rest from Vietnam and the PRC.
34GF Score
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Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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