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ZXZN Qi-House HoldingsHKSE:08395 -2.94%47 Gross Margin % is 20.36% as of Mar. 2026, which is 69% below its 10-year median of 66.11. GuruFocus rates HKSE:08395 with a GF Score™ of 47/100 and a GF Value™ of HK$1.31 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 1,113 Retail - Cyclical companies, ZXZN Qi-House Holdings ranks worse than 60.65% on this metric.
HKSE:08395's Gross Margin % is ranked worse than 60.65% of 1113
companies
in the Retail - Cyclical industry
Industry Median: 36.27
vs HKSE:08395: 30.72
ZXZN Qi-House Holdings had a gross margin of 20.36% for the quarter that ended in Mar. 2026 => Competition eroding margins
The 5-Year average Growth Rate of Gross Margin for ZXZN Qi-House Holdings was -9.20% per year.
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
ZXZN Qi-House Holdings had a gross margin of 20.36% for the quarter that ended in Mar. 2026 => Competition eroding margins
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.
ZXZN Qi-House Holdings Gross Margin % Related Terms
ZXZN Qi-House Holdings Gross Margin % Historical Data
* Premium members only.
The historical data trend for ZXZN Qi-House 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.
HKSE:08395 vs CASY, WSM, ULTA: Gross Margin % Comparison
For the Specialty Retail subindustry, ZXZN Qi-House 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.
ZXZN Qi-House Holdings Gross Margin % vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, ZXZN Qi-House Holdings's Gross Margin % distribution charts can be found below:
* The bar in red indicates where ZXZN Qi-House 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.
ZXZN Qi-House Holdings (HKSE:08395) has a Gross Margin % of 20.36% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on ZXZN Qi-House Holdings and its competitors. This is 69% below median its historical median of 66.11. Over the past decade, ZXZN Qi-House Holdings' Gross Margin % has ranged from 30.72 to 71.63. According to the industry distribution chart, ZXZN Qi-House Holdings ranks #675 out of 1113 companies in the Retail - Cyclical industry, placing it in the top 60.6%.
Is ZXZN Qi-House Holdings' Gross Margin % too high?
ZXZN Qi-House Holdings' current Gross Margin % of 20.36% is 69% below median its 10-year median of 66.11. Over the past 10 years, this metric has ranged from a low of 30.72 to a high of 71.63. The Retail - Cyclical industry median Gross Margin % is 36.27. ZXZN Qi-House Holdings' value of 20.36% is 43.9% below this industry median. Based on the distribution chart, ZXZN Qi-House Holdings ranks #675 out of 1113 companies in the Retail - Cyclical industry, which is below the industry midpoint. Overall, ZXZN Qi-House Holdings has a GF Score™ of 47/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does ZXZN Qi-House Holdings' Gross Margin % compare to CASY and WSM?
According to the Retail - Cyclical industry distribution chart, ZXZN Qi-House Holdings ranks #675 out of 1113 companies for Gross Margin %. This places ZXZN Qi-House Holdings in the lower half of its industry. The industry median Gross Margin % is 36.27. ZXZN Qi-House Holdings' value of 20.36% is 43.9% below this benchmark. Historically, ZXZN Qi-House Holdings' own Gross Margin % has ranged from 30.72 to 71.63 over the past decade. While the company's 10-year median is 66.11 vs. the industry median of 36.27, ZXZN Qi-House 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 Retail - Cyclical company?
The median Gross Margin % among Retail - Cyclical companies is 36.27, based on 1,113 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. ZXZN Qi-House Holdings's current Gross Margin % of 20.36% is 43.9% 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 ZXZN Qi-House Holdings and its competitors. For the Retail - Cyclical industry, the median Gross Margin % is 36.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ZXZN Qi-House Holdings's current Gross Margin % is 20.36%, which is 69% below median its own 10-year median of 66.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ZXZN Qi-House Holdings stock overvalued right now?
Based on GuruFocus' analysis, ZXZN Qi-House Holdings (HKSE:08395) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$1.31, compared to a current price of HK$2.15 — trading 63.7% above its estimated fair value. The current Gross Margin % is 20.36%, which is 69% below median its 10-year median of 66.11 and 43.9% below the Retail - Cyclical industry median of 36.27. ZXZN Qi-House Holdings' overall GF Score™ is 47/100 with 3 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 ZXZN Qi-House Holdings (HKSE:08395), the current Gross Margin % is 20.36% 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 ZXZN Qi-House Holdings (HKSE:08395) Overvalued in 2026?
Based on GuruFocus' analysis, ZXZN Qi-House Holdings stock appears to be overvalued.
The current stock price of HK$2.15 is trading 63.7% above its estimated GF Value™ of HK$1.31.
GuruFocus considers ZXZN Qi-House Holdings to be Significantly Overvalued.
Key valuation signals for HKSE:08395:
Gross Margin %: 20.36% (69% below median its 10-year median of 66.11)
GF Value™: HK$1.31 vs. price of HK$2.15 (63.7% above fair value)
Industry Position: 43.9% below the Retail - Cyclical median (#675 of 1113)
No single metric tells the full story. See the HKSE:08395 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
ZXZN Qi-House Holdings Ltd is an investment holding company and its subsidiaries are principally engaged in the sale, distribution, and rental of furniture and home accessories, the distribution and licensing of intellectual property rights, provision of consumer loan services, sale of trading parts and automation equipment, the provision of styling, consulting and furniture agency services and the operation of a cafe.
47GF Score
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