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Mi Ming Mart HoldingsHKSE:08473 -1.04% Gross Margin % is 59.33% as of Mar. 2026, which is 5% below its 10-year median of 62.57. The stock has 7 warning signs investors should review. Among 1,119 Retail - Cyclical companies, Mi Ming Mart Holdings ranks better than 85.17% on this metric.
HKSE:08473's Gross Margin % is ranked better than 85.17% of 1119
companies
in the Retail - Cyclical industry
Industry Median: 36.29
vs HKSE:08473: 59.60
Mi Ming Mart Holdings had a gross margin of 59.33% for the quarter that ended in Mar. 2026 => Durable competitive advantage
The 5-Year average Growth Rate of Gross Margin for Mi Ming Mart Holdings was -1.90% per year.
Mi Ming Mart Holdings (HKSE:08473) 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
Mi Ming Mart Holdings had a gross margin of 59.33% for the quarter that ended in Mar. 2026 => Durable 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.
Mi Ming Mart Holdings Gross Margin % Related Terms
Mi Ming Mart Holdings Gross Margin % Historical Data
* Premium members only.
The historical data trend for Mi Ming Mart 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:08473 vs CASY, WSM, DKS: Gross Margin % Comparison
For the Specialty Retail subindustry, Mi Ming Mart 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.
Mi Ming Mart Holdings Gross Margin % vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Mi Ming Mart Holdings's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Mi Ming Mart 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.
Mi Ming Mart Holdings (HKSE:08473) has a Gross Margin % of 59.33% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Mi Ming Mart Holdings and its competitors. This is near median its historical median of 62.57. Over the past decade, Mi Ming Mart Holdings' Gross Margin % has ranged from 59.60 to 65.75. According to the industry distribution chart, Mi Ming Mart Holdings ranks #166 out of 1119 companies in the Retail - Cyclical industry, placing it in the top 14.8%.
Is Mi Ming Mart Holdings' Gross Margin % too high?
Mi Ming Mart Holdings' current Gross Margin % of 59.33% is near median its 10-year median of 62.57. Over the past 10 years, this metric has ranged from a low of 59.60 to a high of 65.75. The Retail - Cyclical industry median Gross Margin % is 36.29. Mi Ming Mart Holdings' value of 59.33% is 63.5% above this industry median. Based on the distribution chart, Mi Ming Mart Holdings ranks #166 out of 1119 companies in the Retail - Cyclical industry, which is in the top quartile — a strong position relative to peers.
How does Mi Ming Mart Holdings' Gross Margin % compare to CASY and WSM?
According to the Retail - Cyclical industry distribution chart, Mi Ming Mart Holdings ranks #166 out of 1119 companies for Gross Margin %. This places Mi Ming Mart Holdings in the top 15% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 36.29. Mi Ming Mart Holdings' value of 59.33% is 63.5% above this benchmark. Historically, Mi Ming Mart Holdings' own Gross Margin % has ranged from 59.60 to 65.75 over the past decade. While the company's 10-year median is 62.57 vs. the industry median of 36.29, Mi Ming Mart Holdings has consistently been above 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 36.29, based on 1,119 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. Mi Ming Mart Holdings's current Gross Margin % of 59.33% is 63.5% above 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 Mi Ming Mart Holdings and its competitors. For the Retail - Cyclical industry, the median Gross Margin % is 36.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mi Ming Mart Holdings's current Gross Margin % is 59.33%, which is near median its own 10-year median of 62.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mi Ming Mart Holdings stock overvalued right now?
Based on GuruFocus' analysis, Mi Ming Mart Holdings (HKSE:08473) is currently considered Fairly Valued. The stock's GF Value™ is HK$0.10, compared to a current price of HK$0.10 — trading 5% below its estimated fair value. The current Gross Margin % is 59.33%, which is near median its 10-year median of 62.57 and 63.5% above the Retail - Cyclical industry median of 36.29. 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 Mi Ming Mart Holdings (HKSE:08473), the current Gross Margin % is 59.33% 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.
Mi Ming Mart Holdings Ltd is an investment holding company. Along with its subsidiaries, the company is principally engaged in retailing multi-brand beauty and health products and providing beauty services in Hong Kong. The group derives a majority of its revenue from the sale of skincare, cosmetics, food and health supplements, and other products. Geographically, it derives maximum revenue from Hong Kong, and the rest from the United States of America, Macau, and Japan.
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