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Chenqi TechnologyHKSE:09680 11 Gross Margin % is 16.36% as of Dec. 2025. GuruFocus rates HKSE:09680 with a GF Score™ of 11/100. The stock has 2 warning signs investors should review. Among 1,009 Business Services companies, Chenqi Technology ranks worse than 89.99% on this metric.
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
Chenqi Technology had a gross margin of 16.36% 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.
Chenqi Technology Gross Margin % Related Terms
Chenqi Technology Gross Margin % Historical Data
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The historical data trend for Chenqi Technology'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:09680 vs URI, SUNB, AER: Gross Margin % Comparison
For the Rental & Leasing Services subindustry, Chenqi Technology'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.
Chenqi Technology Gross Margin % vs Business Services Industry
For the Business Services industry and Industrials sector, Chenqi Technology's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Chenqi Technology'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.
Chenqi Technology (HKSE:09680) has a Gross Margin % of 16.36% as of Dec. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on Chenqi Technology and its competitors. According to the industry distribution chart, Chenqi Technology ranks #908 out of 1009 companies in the Business Services industry, placing it in the top 90%.
Is Chenqi Technology's Gross Margin % too high?
Chenqi Technology's current Gross Margin % is 16.36%. The Business Services industry median Gross Margin % is 34.50. Chenqi Technology's value of 16.36% is 52.6% below this industry median. Based on the distribution chart, Chenqi Technology ranks #908 out of 1009 companies in the Business Services industry, which is in the bottom quartile relative to peers. Overall, Chenqi Technology has a GF Score™ of 11/100, reflecting its overall financial health beyond just this single metric.
How does Chenqi Technology's Gross Margin % compare to URI and SUNB?
According to the Business Services industry distribution chart, Chenqi Technology ranks #908 out of 1009 companies for Gross Margin %. This places Chenqi Technology in the lower half of its industry. The industry median Gross Margin % is 34.50. Chenqi Technology's value of 16.36% is 52.6% below this benchmark. 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 Business Services company?
The median Gross Margin % among Business Services companies is 34.50, based on 1,009 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. Chenqi Technology's current Gross Margin % of 16.36% is 52.6% 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 Chenqi Technology and its competitors. For the Business Services industry, the median Gross Margin % is 34.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Chenqi Technology's current Gross Margin % is 16.36%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chenqi Technology stock overvalued right now?
Chenqi Technology (HKSE:09680) has a current Gross Margin % of 16.36%. The current Gross Margin % is 16.36% and 52.6% below the Business Services industry median of 34.50. Chenqi Technology's overall GF Score™ is 11/100 with 2 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 Chenqi Technology (HKSE:09680), the current Gross Margin % is 16.36% 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.
Chenqi Technology Ltd a mobility service company in China offering ride-hailing services. It serves & connects various participants of the mobility industry, including the riders, drivers, automobile OEMs, vehicle service providers, & autonomous driving solution providers. The company operates three reportable segments: Mobility services business, Technology services business, and Fleet sale & maintenance business. Key revenue is generated from the Mobility services, which include the provision of ride-hailing services, Robotaxi services, hitch services, & other related services. The Technology Services include the provision of technology services. The Fleet sale & maintenance business includes the Sale of vehicles, provision of repair and maintenance services & other related services.
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