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What is Tonking New Energy Group Holdings Gross Margin %?
Tonking New Energy Group HoldingsHKSE:08326 +1.33%53 Gross Margin % is 18.83% as of Mar. 2026, which is 38% above its 10-year median of 13.65. GuruFocus rates HKSE:08326 with a GF Score™ of 53/100 and a GF Value™ of HK$0.05 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 414 Utilities - Independent Power Producers companies, Tonking New Energy Group Holdings ranks worse than 69.08% on this metric.
HKSE:08326's Gross Margin % is ranked worse than 69.08% of 414
companies
in the Utilities - Independent Power Producers industry
Industry Median: 31.32
vs HKSE:08326: 19.66
Tonking New Energy Group Holdings had a gross margin of 18.83% for the quarter that ended in Mar. 2026 => No sustainable competitive advantage
Tonking New Energy Group Holdings (HKSE:08326) 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
Tonking New Energy Group Holdings had a gross margin of 18.83% 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.
Tonking New Energy Group Holdings Gross Margin % Related Terms
Tonking New Energy Group 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.
Tonking New Energy Group Holdings Gross Margin % Chart
Tonking New Energy Group Holdings Gross Margin % Competitor Comparison
For the Utilities - Renewable subindustry, Tonking New Energy Group 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.
Tonking New Energy Group Holdings Gross Margin % vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Tonking New Energy Group Holdings's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Tonking New Energy Group 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.
Tonking New Energy Group Holdings (HKSE:08326) has a Gross Margin % of 18.83% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Tonking New Energy Group Holdings and its competitors. This is 38% above median its historical median of 13.65. Over the past decade, Tonking New Energy Group Holdings' Gross Margin % has ranged from 10.48 to 22.36. According to the industry distribution chart, Tonking New Energy Group Holdings ranks #286 out of 414 companies in the Utilities - Independent Power Producers industry, placing it in the top 69.1%.
Is Tonking New Energy Group Holdings' Gross Margin % too high?
Tonking New Energy Group Holdings' current Gross Margin % of 18.83% is 38% above median its 10-year median of 13.65. Over the past 10 years, this metric has ranged from a low of 10.48 to a high of 22.36. The Utilities - Independent Power Producers industry median Gross Margin % is 31.32. Tonking New Energy Group Holdings' value of 18.83% is 39.9% below this industry median. Based on the distribution chart, Tonking New Energy Group Holdings ranks #286 out of 414 companies in the Utilities - Independent Power Producers industry, which is below the industry midpoint. Overall, Tonking New Energy Group Holdings has a GF Score™ of 53/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tonking New Energy Group Holdings' Gross Margin % compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, Tonking New Energy Group Holdings ranks #286 out of 414 companies for Gross Margin %. This places Tonking New Energy Group Holdings in the lower half of its industry. The industry median Gross Margin % is 31.32. Tonking New Energy Group Holdings' value of 18.83% is 39.9% below this benchmark. Historically, Tonking New Energy Group Holdings' own Gross Margin % has ranged from 10.48 to 22.36 over the past decade. While the company's 10-year median is 13.65 vs. the industry median of 31.32, Tonking New Energy Group 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 an Utilities - Independent Power Producers company?
The median Gross Margin % among Utilities - Independent Power Producers companies is 31.32, based on 414 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. Tonking New Energy Group Holdings's current Gross Margin % of 18.83% is 39.9% 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 Tonking New Energy Group Holdings and its competitors. For the Utilities - Independent Power Producers industry, the median Gross Margin % is 31.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tonking New Energy Group Holdings's current Gross Margin % is 18.83%, which is 38% above median its own 10-year median of 13.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tonking New Energy Group Holdings stock overvalued right now?
Based on GuruFocus' analysis, Tonking New Energy Group Holdings (HKSE:08326) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.05, compared to a current price of HK$0.15 — trading 204% above its estimated fair value. The current Gross Margin % is 18.83%, which is 38% above median its 10-year median of 13.65 and 39.9% below the Utilities - Independent Power Producers industry median of 31.32. Tonking New Energy Group Holdings' overall GF Score™ is 53/100 with 7 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 Tonking New Energy Group Holdings (HKSE:08326), the current Gross Margin % is 18.83% 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.
Is Tonking New Energy Group Holdings (HKSE:08326) Overvalued in 2026?
Based on GuruFocus' analysis, Tonking New Energy Group Holdings stock appears to be overvalued.
The current stock price of HK$0.15 is trading 204% above its estimated GF Value™ of HK$0.05.
GuruFocus considers Tonking New Energy Group Holdings to be Significantly Overvalued.
Key valuation signals for HKSE:08326:
Gross Margin %: 18.83% (38% above median its 10-year median of 13.65)
GF Value™: HK$0.05 vs. price of HK$0.15 (204% above fair value)
Industry Position: 39.9% below the Utilities - Independent Power Producers median (#286 of 414)
No single metric tells the full story. See the HKSE:08326 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tonking New Energy Group Holdings Ltd is an investment holding company. Along with its subsidiaries, it is principally engaged in the renewable energy business in the People's Republic of China. The renewable energy business engages in the provision of a one-stop value-added solution for photovoltaic power stations (EPC, maintenance and support, and testing); sales of the patented photovoltaic tracking mounting bracket systems; and sales of electricity.
53GF Score
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