Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
JTF International HoldingsHKSE:09689 50 Gross Margin % is 1.06% as of Dec. 2025, which is 77% below its 10-year median of 4.57. GuruFocus rates HKSE:09689 with a GF Score™ of 50/100 and a GF Value™ of HK$0.43 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 870 Oil & Gas companies, JTF International Holdings ranks worse than 92.53% on this metric.
JTF International Holdings (HKSE:09689) 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
JTF International Holdings had a gross margin of 1.06% 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.
JTF International Holdings Gross Margin % Related Terms
JTF International 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:09689 vs MPC, VLO, PSX: Gross Margin % Comparison
For the Oil & Gas Refining & Marketing subindustry, JTF International 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.
JTF International Holdings Gross Margin % vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, JTF International Holdings's Gross Margin % distribution charts can be found below:
* The bar in red indicates where JTF International 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.
JTF International Holdings (HKSE:09689) has a Gross Margin % of 1.06% as of Dec. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on JTF International Holdings and its competitors. This is 77% below median its historical median of 4.57. Over the past decade, JTF International Holdings' Gross Margin % has ranged from 1.14 to 6.31. According to the industry distribution chart, JTF International Holdings ranks #805 out of 870 companies in the Oil & Gas industry, placing it in the top 92.5%.
Is JTF International Holdings' Gross Margin % too high?
JTF International Holdings' current Gross Margin % of 1.06% is 77% below median its 10-year median of 4.57. Over the past 10 years, this metric has ranged from a low of 1.14 to a high of 6.31. The Oil & Gas industry median Gross Margin % is 26.12. JTF International Holdings' value of 1.06% is 95.9% below this industry median. Based on the distribution chart, JTF International Holdings ranks #805 out of 870 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, JTF International Holdings has a GF Score™ of 50/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does JTF International Holdings' Gross Margin % compare to MPC and VLO?
According to the Oil & Gas industry distribution chart, JTF International Holdings ranks #805 out of 870 companies for Gross Margin %. This places JTF International Holdings in the lower half of its industry. The industry median Gross Margin % is 26.12. JTF International Holdings' value of 1.06% is 95.9% below this benchmark. Historically, JTF International Holdings' own Gross Margin % has ranged from 1.14 to 6.31 over the past decade. While the company's 10-year median is 4.57 vs. the industry median of 26.12, JTF International 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 26.12, based on 870 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. JTF International Holdings's current Gross Margin % of 1.06% is 95.9% 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 JTF International Holdings and its competitors. For the Oil & Gas industry, the median Gross Margin % is 26.12 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. JTF International Holdings's current Gross Margin % is 1.06%, which is 77% below median its own 10-year median of 4.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is JTF International Holdings stock overvalued right now?
Based on GuruFocus' analysis, JTF International Holdings (HKSE:09689) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.43, compared to a current price of HK$0.60 — trading 39.5% above its estimated fair value. The current Gross Margin % is 1.06%, which is 77% below median its 10-year median of 4.57 and 95.9% below the Oil & Gas industry median of 26.12. JTF International Holdings' overall GF Score™ is 50/100 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 JTF International Holdings (HKSE:09689), the current Gross Margin % is 1.06% 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 JTF International Holdings (HKSE:09689) Overvalued in 2026?
Based on GuruFocus' analysis, JTF International Holdings stock appears to be overvalued.
The current stock price of HK$0.60 is trading 39.5% above its estimated GF Value™ of HK$0.43.
GuruFocus considers JTF International Holdings to be Significantly Overvalued.
Key valuation signals for HKSE:09689:
Gross Margin %: 1.06% (77% below median its 10-year median of 4.57)
GF Value™: HK$0.43 vs. price of HK$0.60 (39.5% above fair value)
Industry Position: 95.9% below the Oil & Gas median (#805 of 870)
No single metric tells the full story. See the HKSE:09689 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
JTF International Holdings Ltd is engaged in the sale of refined oil, other petrochemical products, and the blending and sale of fuel oil in the People's Republic of China (the PRC). Its product portfolio includes fuel oil, refined oil, and other petrochemical products. It operates in a single segment and geographically derives the majority of the revenue from the PRC.
50GF Score
Get the complete analysis for HKSE:09689
Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
HKSE:09689 has been successfully added to your 
