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Man Shing Global HoldingsHKSE:08309 Gross Margin % is 7.21% as of Mar. 2026, which is 21% below its 10-year median of 9.12. The stock has 5 warning signs investors should review. Among 232 Waste Management companies, Man Shing Global Holdings ranks worse than 85.34% on this metric.
Man Shing Global Holdings (HKSE:08309) 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
Man Shing Global Holdings had a gross margin of 7.21% for the quarter that ended in Mar. 2026 => 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.
Man Shing Global Holdings Gross Margin % Related Terms
Man Shing Global Holdings Gross Margin % Historical Data
* 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:08309 vs WM, RSG, WCN: Gross Margin % Comparison
For the Waste Management subindustry, Man Shing Global 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.
Man Shing Global Holdings Gross Margin % vs Waste Management Industry
For the Waste Management industry and Industrials sector, Man Shing Global Holdings's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Man Shing Global Holdings'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.
Man Shing Global Holdings (HKSE:08309) has a Gross Margin % of 7.21% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Man Shing Global Holdings and its competitors. This is 21% below median its historical median of 9.12. Over the past decade, Man Shing Global Holdings' Gross Margin % has ranged from 6.33 to 12.34. According to the industry distribution chart, Man Shing Global Holdings ranks #198 out of 232 companies in the Waste Management industry, placing it in the top 85.3%.
Is Man Shing Global Holdings' Gross Margin % too high?
Man Shing Global Holdings' current Gross Margin % of 7.21% is 21% below median its 10-year median of 9.12. Over the past 10 years, this metric has ranged from a low of 6.33 to a high of 12.34. The Waste Management industry median Gross Margin % is 27.87. Man Shing Global Holdings' value of 7.21% is 74.1% below this industry median. Based on the distribution chart, Man Shing Global Holdings ranks #198 out of 232 companies in the Waste Management industry, which is in the bottom quartile relative to peers.
How does Man Shing Global Holdings' Gross Margin % compare to WM and RSG?
According to the Waste Management industry distribution chart, Man Shing Global Holdings ranks #198 out of 232 companies for Gross Margin %. This places Man Shing Global Holdings in the lower half of its industry. The industry median Gross Margin % is 27.87. Man Shing Global Holdings' value of 7.21% is 74.1% below this benchmark. Historically, Man Shing Global Holdings' own Gross Margin % has ranged from 6.33 to 12.34 over the past decade. While the company's 10-year median is 9.12 vs. the industry median of 27.87, Man Shing Global Holdings 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 Waste Management company?
The median Gross Margin % among Waste Management companies is 27.87, based on 232 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. Man Shing Global Holdings's current Gross Margin % of 7.21% is 74.1% 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 Man Shing Global Holdings and its competitors. For the Waste Management industry, the median Gross Margin % is 27.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Man Shing Global Holdings's current Gross Margin % is 7.21%, which is 21% below median its own 10-year median of 9.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Man Shing Global Holdings stock overvalued right now?
Based on GuruFocus' analysis, Man Shing Global Holdings (HKSE:08309) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.03, compared to a current price of HK$0.08 — trading 166.7% above its estimated fair value. The current Gross Margin % is 7.21%, which is 21% below median its 10-year median of 9.12 and 74.1% below the Waste Management industry median of 27.87. 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 Man Shing Global Holdings (HKSE:08309), the current Gross Margin % is 7.21% as of Mar. 2026. 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.
Man Shing Global Holdings Ltd is an investment holding company, engaged in providing environmental cleaning solutions in Hong Kong. The company's offerings include cleaning services, street cleaning solutions, building cleaning solutions, bus and ferry cleaning solutions, waste transportation services, pest control services, and sewage treatment services. The company derives revenue from Hong Kong and operates in two segments, namely the environmental cleaning services segment, which derives the majority of revenue and engages in the provision of street cleanings, building cleaning, bus and ferry cleaning, and other cleaning services, and property management segment comprises the provision of property management services.
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