Polyfair Holdings (HKSE:08532) Gross Margin %: -2.21% (As of Mar. 2026)

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What is Polyfair Holdings Gross Margin %?

Polyfair Holdings HKSE:08532 -1.54% Gross Margin % is -2.21% as of Mar. 2026. The stock has 4 warning signs investors should review. Among 1,729 Construction companies, Polyfair Holdings ranks worse than 96.65% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Polyfair Holdings's Gross Profit for the six months ended in Mar. 2026 was HK$-1.05 Mil. Polyfair Holdings's Revenue for the six months ended in Mar. 2026 was HK$47.45 Mil. Therefore, Polyfair Holdings's Gross Margin % for the quarter that ended in Mar. 2026 was -2.21%.


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

HKSE:08532' s Gross Margin % Range Over the Past 10 Years
Min: -35.05   Med: 5.39   Max: 17.84
Current: -0.09


During the past 11 years, the highest Gross Margin % of Polyfair Holdings was 17.84%. The lowest was -35.05%. And the median was 5.39%.

HKSE:08532's Gross Margin % is ranked worse than
96.65% of 1729 companies
in the Construction industry
Industry Median: 20.7 vs HKSE:08532: -0.09

Polyfair Holdings had a gross margin of -2.21% for the quarter that ended in Mar. 2026 => No sustainable competitive advantage

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


Polyfair Holdings  (HKSE:08532) 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

Polyfair Holdings had a gross margin of -2.21% 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.


Polyfair Holdings Gross Margin % Related Terms


Polyfair Holdings Gross Margin % Historical Data

* Premium members only.

The historical data trend for Polyfair 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.

Polyfair Holdings Gross Margin % Chart

Polyfair 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 4.55 5.12 5.65 -35.05 -0.09

Polyfair Holdings Semi-Annual Data
Mar16 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 5.42 5.58 -180.36 1.86 -2.21

HKSE:08532 vs PWR, FIX, EME: Gross Margin % Comparison

For the Engineering & Construction subindustry, Polyfair 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.


Polyfair Holdings Gross Margin % vs Construction Industry

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

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



Polyfair Holdings Gross Margin % Calculation

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

Polyfair 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 )
=-0.1 / 98.765
=(Revenue - Cost of Goods Sold) / Revenue
=(98.765 - 98.857) / 98.765
=-0.09 %

Polyfair 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 )
=-1 / 47.445
=(Revenue - Cost of Goods Sold) / Revenue
=(47.445 - 48.492) / 47.445
=-2.21 %

* 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 -2.21% mean?
Polyfair Holdings (HKSE:08532) has a Gross Margin % of -2.21% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Polyfair Holdings and its competitors. According to the industry distribution chart, Polyfair Holdings ranks #1671 out of 1729 companies in the Construction industry, placing it in the top 96.6%.
Is Polyfair Holdings' Gross Margin % too high?
Polyfair Holdings' current Gross Margin % is -2.21%. Based on the distribution chart, Polyfair Holdings ranks #1671 out of 1729 companies in the Construction industry, which is in the bottom quartile relative to peers.
How does Polyfair Holdings' Gross Margin % compare to PWR and FIX?
According to the Construction industry distribution chart, Polyfair Holdings ranks #1671 out of 1729 companies for Gross Margin %. This places Polyfair Holdings in the lower half of its industry. The industry median Gross Margin % is 20.70. 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 20.70, based on 1,729 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. 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 Polyfair Holdings and its competitors. For the Construction industry, the median Gross Margin % is 20.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Polyfair Holdings's current Gross Margin % is -2.21%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Polyfair Holdings stock overvalued right now?
Based on GuruFocus' analysis, Polyfair Holdings (HKSE:08532) is currently considered Modestly Undervalued. The stock's GF Value™ is HK$0.09, compared to a current price of HK$0.06 — trading 28.9% below its estimated fair value. The current Gross Margin % is -2.21%. 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 Polyfair Holdings (HKSE:08532), the current Gross Margin % is -2.21% 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.

Polyfair Holdings Business Description

Address 499 Castle Peak Road, 9th Floor, Wing Hing Industrial Building, Cheung Sha Wan, 2017Kowloon, Hong Kong, HKG
Polyfair Holdings Ltd is a subcontractor engaged in providing facade and curtain wall works solutions. The Group provides customised facade and curtain wall engineering solutions and generally offers design and build services, including developing designs, conducting structural calculations, preparing shop drawings, sourcing and procuring building materials, arranging logistics and installation works, project management, and post-project completion services. The Group operates as a single operating segment focused on facade and curtain wall works solutions. Its business activities and revenue are derived from customers in Hong Kong, with projects carried out in Hong Kong.