Chi Kan Holdings (HKSE:09913) Gross Margin %: 47.54% (As of Mar. 2026) — 249% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

HKSE:09913 Chi Kan Holdings Ltd HKSE:09913
67 GF Score
Price HK$2.30
GF Value HK$1.72
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is Chi Kan Holdings Gross Margin %?

Chi Kan Holdings HKSE:09913 -0.43% 67 Gross Margin % is 47.54% as of Mar. 2026, which is 249% above its 10-year median of 13.62. GuruFocus rates HKSE:09913 with a GF Score™ of 67/100 and a GF Value™ of HK$1.72 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 1,724 Construction companies, Chi Kan Holdings ranks better than 89.39% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Chi Kan Holdings's Gross Profit for the six months ended in Mar. 2026 was HK$309 Mil. Chi Kan Holdings's Revenue for the six months ended in Mar. 2026 was HK$649 Mil. Therefore, Chi Kan Holdings's Gross Margin % for the quarter that ended in Mar. 2026 was 47.54%.


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

HKSE:09913' s Gross Margin % Range Over the Past 10 Years
Min: 7.35   Med: 13.62   Max: 50.94
Current: 50.94


During the past 9 years, the highest Gross Margin % of Chi Kan Holdings was 50.94%. The lowest was 7.35%. And the median was 13.62%.

HKSE:09913's Gross Margin % is ranked better than
89.39% of 1724 companies
in the Construction industry
Industry Median: 20.78 vs HKSE:09913: 50.94

Chi Kan Holdings had a gross margin of 47.54% for the quarter that ended in Mar. 2026 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Chi Kan Holdings was 35.10% per year.


Chi Kan Holdings  (HKSE:09913) 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

Chi Kan Holdings had a gross margin of 47.54% 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.


Chi Kan Holdings Gross Margin % Related Terms


Chi Kan Holdings Gross Margin % Historical Data

* Premium members only.

The historical data trend for Chi Kan 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.

Chi Kan Holdings Gross Margin % Chart

Chi Kan Holdings Annual Data
Trend Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Gross Margin %
Get a 7-Day Free Trial Premium Member Only 20.48 13.62 15.99 25.74 50.94

Chi Kan Holdings Semi-Annual Data
Mar18 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 14.52 22.00 31.68 56.88 47.54

HKSE:09913 vs PWR, FIX, EME: Gross Margin % Comparison

For the Engineering & Construction subindustry, Chi Kan 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.


Chi Kan Holdings Gross Margin % vs Construction Industry

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

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


HKSE:09913
67GF Score
Chi Kan Holdings Ltd HKSE:09913
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Chi Kan Holdings Gross Margin % Calculation

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

Chi Kan 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 )
=520.2 / 1021.241
=(Revenue - Cost of Goods Sold) / Revenue
=(1021.241 - 501.008) / 1021.241
=50.94 %

Chi Kan 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 )
=308.8 / 649.481
=(Revenue - Cost of Goods Sold) / Revenue
=(649.481 - 340.693) / 649.481
=47.54 %

* 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 47.54% mean?
Chi Kan Holdings (HKSE:09913) has a Gross Margin % of 47.54% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Chi Kan Holdings and its competitors. This is 249% above median its historical median of 13.62. Over the past decade, Chi Kan Holdings' Gross Margin % has ranged from 7.35 to 50.94. According to the industry distribution chart, Chi Kan Holdings ranks #183 out of 1724 companies in the Construction industry, placing it in the top 10.6%.
Is Chi Kan Holdings' Gross Margin % too high?
Chi Kan Holdings' current Gross Margin % of 47.54% is 249% above median its 10-year median of 13.62. Over the past 10 years, this metric has ranged from a low of 7.35 to a high of 50.94. The Construction industry median Gross Margin % is 20.78. Chi Kan Holdings' value of 47.54% is 128.8% above this industry median. Based on the distribution chart, Chi Kan Holdings ranks #183 out of 1724 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Chi Kan Holdings has a GF Score™ of 67/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Chi Kan Holdings' Gross Margin % compare to PWR and FIX?
According to the Construction industry distribution chart, Chi Kan Holdings ranks #183 out of 1724 companies for Gross Margin %. This places Chi Kan Holdings in the top 11% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 20.78. Chi Kan Holdings' value of 47.54% is 128.8% above this benchmark. Historically, Chi Kan Holdings' own Gross Margin % has ranged from 7.35 to 50.94 over the past decade. While the company's 10-year median is 13.62 vs. the industry median of 20.78, Chi Kan 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 Construction company?
The median Gross Margin % among Construction companies is 20.78, based on 1,724 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. Chi Kan Holdings's current Gross Margin % of 47.54% is 128.8% 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 Chi Kan Holdings and its competitors. For the Construction industry, the median Gross Margin % is 20.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Chi Kan Holdings's current Gross Margin % is 47.54%, which is 249% above median its own 10-year median of 13.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chi Kan Holdings stock overvalued right now?
Based on GuruFocus' analysis, Chi Kan Holdings (HKSE:09913) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$1.72, compared to a current price of HK$2.30 — trading 33.7% above its estimated fair value. The current Gross Margin % is 47.54%, which is 249% above median its 10-year median of 13.62 and 128.8% above the Construction industry median of 20.78. Chi Kan Holdings' overall GF Score™ is 67/100 with 3 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 Chi Kan Holdings (HKSE:09913), the current Gross Margin % is 47.54% 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.

Is Chi Kan Holdings (HKSE:09913) Overvalued in 2026?

Based on GuruFocus' analysis, Chi Kan Holdings stock appears to be overvalued. The current stock price of HK$2.30 is trading 33.7% above its estimated GF Value™ of HK$1.72. GuruFocus considers Chi Kan Holdings to be Significantly Overvalued.

Key valuation signals for HKSE:09913:

  • Gross Margin %: 47.54% (249% above median its 10-year median of 13.62)
  • GF Value™: HK$1.72 vs. price of HK$2.30 (33.7% above fair value)
  • GF Score™: 67/100 with 3 warning signs
  • Industry Position: 128.8% above the Construction median (#183 of 1724)

No single metric tells the full story. See the HKSE:09913 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Chi Kan Holdings Business Description

Address 650 Cheung Sha Wan Road, Rooms 1008 and 1009, 10th Floor, China Shipbuilding Tower, Kowloon, Hong Kong, HKG
Chi Kan Holdings Ltd is a formwork contractor, mainly engaged in the provision of formwork services. The company is principally engaged in the business of providing formwork services and other construction services in Hong Kong. The company's services include conventional formwork which is built on-site by mainly using timber and plywood; and prefabricated formwork which is built out of prefabricated modules by mainly using aluminum and steel. It also engages in the E-commerce business in the People's Republic of China which includes online trading of products. The company's operating segments are; Construction business which generates maximum revenue; and the E-commerce business. Geographically, it derives key revenue from Hong Kong.
67GF Score

Get the complete analysis for HKSE:09913

Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

HK$2.30
Price
HK$1.72
GF Value