Tsun Yip Holdings (HKSE:08356) Gross Margin %: 8.97% (As of Mar. 2026) — 919% 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.

HKSE:08356 Tsun Yip Holdings Ltd HKSE:08356
38 GF Score
Price HK$0.31
GF Value HK$0.53
Valuation Possible Value Trap
! 5 Warning Signs
View Full Analysis

What is Tsun Yip Holdings Gross Margin %?

Tsun Yip Holdings HKSE:08356 -3.13% 38 Gross Margin % is 8.97% as of Mar. 2026, which is 919% above its 10-year median of 0.88. GuruFocus rates HKSE:08356 with a GF Score™ of 38/100 and a GF Value™ of HK$0.53 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 1,731 Construction companies, Tsun Yip Holdings ranks worse than 91.28% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Tsun Yip Holdings's Gross Profit for the six months ended in Mar. 2026 was HK$18.1 Mil. Tsun Yip Holdings's Revenue for the six months ended in Mar. 2026 was HK$201.9 Mil. Therefore, Tsun Yip Holdings's Gross Margin % for the quarter that ended in Mar. 2026 was 8.97%.


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

HKSE:08356' s Gross Margin % Range Over the Past 10 Years
Min: -12.05   Med: 0.88   Max: 8.78
Current: 4.95


During the past 13 years, the highest Gross Margin % of Tsun Yip Holdings was 8.78%. The lowest was -12.05%. And the median was 0.88%.

HKSE:08356's Gross Margin % is ranked worse than
91.28% of 1731 companies
in the Construction industry
Industry Median: 20.84 vs HKSE:08356: 4.95

Tsun Yip Holdings had a gross margin of 8.97% for the quarter that ended in Mar. 2026 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Tsun Yip Holdings was 0.00% per year.


Tsun Yip Holdings  (HKSE:08356) 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

Tsun Yip Holdings had a gross margin of 8.97% 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.


Tsun Yip Holdings Gross Margin % Related Terms


Tsun Yip Holdings Gross Margin % Historical Data

* Premium members only.

The historical data trend for Tsun Yip 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.

Tsun Yip Holdings Gross Margin % Chart

Tsun Yip Holdings Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2.29 0.69 3.85 2.71 4.95

Tsun Yip Holdings Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
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 2.92 2.41 2.98 1.05 8.97

HKSE:08356 vs PWR, FIX, EME: Gross Margin % Comparison

For the Engineering & Construction subindustry, Tsun Yip 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.


Tsun Yip Holdings Gross Margin % vs Construction Industry

For the Construction industry and Industrials sector, Tsun Yip Holdings's Gross Margin % distribution charts can be found below:

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


HKSE:08356
38GF Score
Tsun Yip Holdings Ltd HKSE:08356
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tsun Yip Holdings Gross Margin % Calculation

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

Tsun Yip Holdings's Gross Margin for the fiscal year that ended in Mar. 2026 is calculated as

Gross Margin % (A: Mar. 2026 )=Gross Profit (A: Mar. 2026 ) / Revenue (A: Mar. 2026 )
=20.3 / 410.14
=(Revenue - Cost of Goods Sold) / Revenue
=(410.14 - 389.846) / 410.14
=4.95 %

Tsun Yip Holdings's Gross Margin for the quarter that ended in Mar. 2026 is calculated as


Gross Margin % (Q: Mar. 2026 )=Gross Profit (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=18.1 / 201.867
=(Revenue - Cost of Goods Sold) / Revenue
=(201.867 - 183.759) / 201.867
=8.97 %

* 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 8.97% mean?
Tsun Yip Holdings (HKSE:08356) has a Gross Margin % of 8.97% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Tsun Yip Holdings and its competitors. This is 919% above median its historical median of 0.88. According to the industry distribution chart, Tsun Yip Holdings ranks #1580 out of 1731 companies in the Construction industry, placing it in the top 91.3%.
Is Tsun Yip Holdings' Gross Margin % too high?
Tsun Yip Holdings' current Gross Margin % of 8.97% is 919% above median its 10-year median of 0.88. The Construction industry median Gross Margin % is 20.84. Tsun Yip Holdings' value of 8.97% is 57% below this industry median. Based on the distribution chart, Tsun Yip Holdings ranks #1580 out of 1731 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, Tsun Yip Holdings has a GF Score™ of 38/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Tsun Yip Holdings' Gross Margin % compare to PWR and FIX?
According to the Construction industry distribution chart, Tsun Yip Holdings ranks #1580 out of 1731 companies for Gross Margin %. This places Tsun Yip Holdings in the lower half of its industry. The industry median Gross Margin % is 20.84. Tsun Yip Holdings' value of 8.97% is 57% below this benchmark. While the company's 10-year median is 0.88 vs. the industry median of 20.84, Tsun Yip 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 Construction company?
The median Gross Margin % among Construction companies is 20.84, based on 1,731 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. Tsun Yip Holdings's current Gross Margin % of 8.97% is 57% 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 Tsun Yip Holdings and its competitors. For the Construction industry, the median Gross Margin % is 20.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tsun Yip Holdings's current Gross Margin % is 8.97%, which is 919% above median its own 10-year median of 0.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tsun Yip Holdings stock overvalued right now?
Based on GuruFocus' analysis, Tsun Yip Holdings (HKSE:08356) is currently considered Possible Value Trap. The stock's GF Value™ is HK$0.53, compared to a current price of HK$0.31 — trading 41.5% below its estimated fair value. The current Gross Margin % is 8.97%, which is 919% above median its 10-year median of 0.88 and 57% below the Construction industry median of 20.84. Tsun Yip Holdings' overall GF Score™ is 38/100 with 5 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 Tsun Yip Holdings (HKSE:08356), the current Gross Margin % is 8.97% 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 Tsun Yip Holdings (HKSE:08356) Overvalued in 2026?

Based on GuruFocus' analysis, Tsun Yip Holdings stock appears to be undervalued. The current stock price of HK$0.31 is trading 41.5% below its estimated GF Value™ of HK$0.53. GuruFocus considers Tsun Yip Holdings to be Possible Value Trap.

Key valuation signals for HKSE:08356:

  • Gross Margin %: 8.97% (919% above median its 10-year median of 0.88)
  • GF Value™: HK$0.53 vs. price of HK$0.31 (41.5% below fair value)
  • GF Score™: 38/100 with 5 warning signs
  • Industry Position: 57% below the Construction median (#1580 of 1731)

No single metric tells the full story. See the HKSE:08356 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tsun Yip Holdings Business Description

Address 18 On Chuen Street, Unit M & N, 8 Floor, Hi-Speed Centre 1, Fanling, New Territories, HKG
Tsun Yip Holdings Ltd provides civil engineering services for the public sector in Hong Kong . The Provision of civil engineering services segment is engaged in the provision of waterworks engineering services, road works, drainage services, and site formation works for the public sector in Hong Kong.
38GF Score

Get the complete analysis for HKSE:08356

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

HK$0.31
Price
HK$0.53
GF Value