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TL Natural Gas HoldingsHKSE:08536 50 Gross Margin % is 7.92% as of Dec. 2025, which is 15% below its 10-year median of 9.35. GuruFocus rates HKSE:08536 with a GF Score™ of 50/100 and a GF Value™ of HK$0.29 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 880 Oil & Gas companies, TL Natural Gas Holdings ranks worse than 82.39% on this metric.
TL Natural Gas Holdings (HKSE:08536) 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
TL Natural Gas Holdings had a gross margin of 7.92% for the quarter that ended in Dec. 2025 => 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.
TL Natural Gas Holdings Gross Margin % Related Terms
TL Natural Gas 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.
HKSE:08536 vs CASY, WSM, ULTA: Gross Margin % Comparison
For the Oil & Gas Refining & Marketing subindustry, TL Natural Gas 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.
TL Natural Gas Holdings Gross Margin % vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, TL Natural Gas Holdings's Gross Margin % distribution charts can be found below:
* The bar in red indicates where TL Natural Gas 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.
TL Natural Gas Holdings (HKSE:08536) has a Gross Margin % of 7.92% as of Dec. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on TL Natural Gas Holdings and its competitors. This is 15% below median its historical median of 9.35. According to the industry distribution chart, TL Natural Gas Holdings ranks #725 out of 880 companies in the Oil & Gas industry, placing it in the top 82.4%.
Is TL Natural Gas Holdings' Gross Margin % too high?
TL Natural Gas Holdings' current Gross Margin % of 7.92% is 15% below median its 10-year median of 9.35. The Oil & Gas industry median Gross Margin % is 26.76. TL Natural Gas Holdings' value of 7.92% is 70.4% below this industry median. Based on the distribution chart, TL Natural Gas Holdings ranks #725 out of 880 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, TL Natural Gas Holdings has a GF Score™ of 50/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does TL Natural Gas Holdings' Gross Margin % compare to CASY and WSM?
According to the Oil & Gas industry distribution chart, TL Natural Gas Holdings ranks #725 out of 880 companies for Gross Margin %. This places TL Natural Gas Holdings in the lower half of its industry. The industry median Gross Margin % is 26.76. TL Natural Gas Holdings' value of 7.92% is 70.4% below this benchmark. While the company's 10-year median is 9.35 vs. the industry median of 26.76, TL Natural Gas 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 Oil & Gas company?
The median Gross Margin % among Oil & Gas companies is 26.76, based on 880 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. TL Natural Gas Holdings's current Gross Margin % of 7.92% is 70.4% 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 TL Natural Gas Holdings and its competitors. For the Oil & Gas industry, the median Gross Margin % is 26.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TL Natural Gas Holdings's current Gross Margin % is 7.92%, which is 15% below median its own 10-year median of 9.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TL Natural Gas Holdings stock overvalued right now?
Based on GuruFocus' analysis, TL Natural Gas Holdings (HKSE:08536) is currently considered Modestly Undervalued. The stock's GF Value™ is HK$0.29, compared to a current price of HK$0.24 — trading 16.2% below its estimated fair value. The current Gross Margin % is 7.92%, which is 15% below median its 10-year median of 9.35 and 70.4% below the Oil & Gas industry median of 26.76. TL Natural Gas Holdings' overall GF Score™ is 50/100 with 4 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 TL Natural Gas Holdings (HKSE:08536), the current Gross Margin % is 7.92% as of Dec. 2025. 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 TL Natural Gas Holdings (HKSE:08536) Overvalued in 2026?
Based on GuruFocus' analysis, TL Natural Gas Holdings stock appears to be undervalued.
The current stock price of HK$0.24 is trading 16.2% below its estimated GF Value™ of HK$0.29.
GuruFocus considers TL Natural Gas Holdings to be Modestly Undervalued.
Key valuation signals for HKSE:08536:
Gross Margin %: 7.92% (15% below median its 10-year median of 9.35)
GF Value™: HK$0.29 vs. price of HK$0.24 (16.2% below fair value)
Industry Position: 70.4% below the Oil & Gas median (#725 of 880)
No single metric tells the full story. See the HKSE:08536 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
TL Natural Gas Holdings Ltd is engaged in the sale of natural gas, including compressed natural gas and liquefied natural gas, and the provision of transmission services for natural gas. The group has two reportable segments: Sales of natural gas and Others. The Others segment includes automated car wash and fast food catering services. It generates the majority of its revenue from the Sales of natural gas segment.
50GF Score
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