HNGKY (Hongkong Land Holdings) Gross Margin %: 15.68% (As of Dec. 2025) — 68% Below Median


HNGKY Hongkong Land Holdings Ltd HNGKY
56 GF Score
Price $35.46
GF Value $14.22
Valuation Significantly Overvalued
! 7 Warning Signs
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What is Hongkong Land Holdings Gross Margin %?

Hongkong Land Holdings HNGKY 56 Gross Margin % is 15.68% as of Dec. 2025, which is 68% below its 10-year median of 48.42. GuruFocus rates HNGKY with a GF Score™ of 56/100 and a GF Value™ of $14.22 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 1,643 Real Estate companies, Hongkong Land Holdings ranks worse than 53.56% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Hongkong Land Holdings's Gross Profit for the six months ended in Dec. 2025 was $109 Mil. Hongkong Land Holdings's Revenue for the six months ended in Dec. 2025 was $697 Mil. Therefore, Hongkong Land Holdings's Gross Margin % for the quarter that ended in Dec. 2025 was 15.68%.

Warning Sign:

Hongkong Land Holdings Ltd gross margin has been in long-term decline. The average rate of decline per year is -7.6%.


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

HNGKY' s Gross Margin % Range Over the Past 10 Years
Min: 34.16   Med: 48.42   Max: 61.54
Current: 34.16


During the past 13 years, the highest Gross Margin % of Hongkong Land Holdings was 61.54%. The lowest was 34.16%. And the median was 48.42%.

HNGKY's Gross Margin % is ranked worse than
53.56% of 1643 companies
in the Real Estate industry
Industry Median: 37.02 vs HNGKY: 34.16

Hongkong Land Holdings had a gross margin of 15.68% for the quarter that ended in Dec. 2025 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Hongkong Land Holdings was -7.60% per year.


Hongkong Land Holdings  (OTCPK:HNGKY) 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

Hongkong Land Holdings had a gross margin of 15.68% 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.


Hongkong Land Holdings Gross Margin % Related Terms


Hongkong Land Holdings Gross Margin % Historical Data

* Premium members only.

The historical data trend for Hongkong Land 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.

Hongkong Land Holdings Gross Margin % Chart

Hongkong Land Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 46.15 45.48 50.46 36.80 34.16

Hongkong Land Holdings Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 40.78 30.09 43.13 51.32 15.68

Hongkong Land Holdings Gross Margin % Competitor Comparison

For the Real Estate - Development subindustry, Hongkong Land 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.


Hongkong Land Holdings Gross Margin % vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Hongkong Land Holdings's Gross Margin % distribution charts can be found below:

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


HNGKY
56GF Score
Hongkong Land Holdings Ltd HNGKY
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Hongkong Land Holdings Gross Margin % Calculation

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

Hongkong Land Holdings's Gross Margin for the fiscal year that ended in Dec. 2025 is calculated as

Gross Margin % (A: Dec. 2025 )=Gross Profit (A: Dec. 2025 ) / Revenue (A: Dec. 2025 )
=494.8 / 1448.3
=(Revenue - Cost of Goods Sold) / Revenue
=(1448.3 - 953.5) / 1448.3
=34.16 %

Hongkong Land Holdings's Gross Margin for the quarter that ended in Dec. 2025 is calculated as


Gross Margin % (Q: Dec. 2025 )=Gross Profit (Q: Dec. 2025 ) / Revenue (Q: Dec. 2025 )
=109.3 / 697.1
=(Revenue - Cost of Goods Sold) / Revenue
=(697.1 - 587.8) / 697.1
=15.68 %

* 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 15.68% mean?
Hongkong Land Holdings (HNGKY) has a Gross Margin % of 15.68% as of Dec. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on Hongkong Land Holdings and its competitors. This is 68% below median its historical median of 48.42. Over the past decade, Hongkong Land Holdings' Gross Margin % has ranged from 34.16 to 61.54. According to the industry distribution chart, Hongkong Land Holdings ranks #880 out of 1643 companies in the Real Estate industry, placing it in the top 53.6%.
Is Hongkong Land Holdings' Gross Margin % too high?
Hongkong Land Holdings' current Gross Margin % of 15.68% is 68% below median its 10-year median of 48.42. Over the past 10 years, this metric has ranged from a low of 34.16 to a high of 61.54. The Real Estate industry median Gross Margin % is 37.02. Hongkong Land Holdings' value of 15.68% is 57.6% below this industry median. Based on the distribution chart, Hongkong Land Holdings ranks #880 out of 1643 companies in the Real Estate industry, which is below the industry midpoint. Overall, Hongkong Land Holdings has a GF Score™ of 56/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hongkong Land Holdings' Gross Margin % compare to competitors?
According to the Real Estate industry distribution chart, Hongkong Land Holdings ranks #880 out of 1643 companies for Gross Margin %. This places Hongkong Land Holdings in the lower half of its industry. The industry median Gross Margin % is 37.02. Hongkong Land Holdings' value of 15.68% is 57.6% below this benchmark. Historically, Hongkong Land Holdings' own Gross Margin % has ranged from 34.16 to 61.54 over the past decade. While the company's 10-year median is 48.42 vs. the industry median of 37.02, Hongkong Land 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 a Real Estate company?
The median Gross Margin % among Real Estate companies is 37.02, based on 1,643 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. Hongkong Land Holdings's current Gross Margin % of 15.68% is 57.6% 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 Hongkong Land Holdings and its competitors. For the Real Estate industry, the median Gross Margin % is 37.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hongkong Land Holdings's current Gross Margin % is 15.68%, which is 68% below median its own 10-year median of 48.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hongkong Land Holdings stock overvalued right now?
Based on GuruFocus' analysis, Hongkong Land Holdings (HNGKY) is currently considered Significantly Overvalued. The stock's GF Value™ is $14.22, compared to a current price of $35.46 — trading 149.4% above its estimated fair value. The current Gross Margin % is 15.68%, which is 68% below median its 10-year median of 48.42 and 57.6% below the Real Estate industry median of 37.02. Hongkong Land Holdings' overall GF Score™ is 56/100 with 7 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 Hongkong Land Holdings (HNGKY), the current Gross Margin % is 15.68% 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 Hongkong Land Holdings (HNGKY) Overvalued in 2026?

Based on GuruFocus' analysis, Hongkong Land Holdings stock appears to be overvalued. The current stock price of $35.46 is trading 149.4% above its estimated GF Value™ of $14.22. GuruFocus considers Hongkong Land Holdings to be Significantly Overvalued.

Key valuation signals for HNGKY:

  • Gross Margin %: 15.68% (68% below median its 10-year median of 48.42)
  • GF Value™: $14.22 vs. price of $35.46 (149.4% above fair value)
  • GF Score™: 56/100 with 7 warning signs
  • Industry Position: 57.6% below the Real Estate median (#880 of 1643)

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


Hongkong Land Holdings Business Description

Address 33-35 Reid Street, Jardine House, 4th Floor, Hamilton, BMU, HM 12
Hongkong Land is a property investor focusing on holding prime commercial assets in Hong Kong, mainland China, and Singapore. It is the largest office landlord in Hong Kong's Central Business District, and the second largest in Hong Kong overall. The Central portfolio includes 4.0 million square feet of office space and 0.5 million square feet of retail area. The company is also expanding its fund management business to build a recurring stream of fee income. Hongkong Land is dual listed on the London Stock Exchange and the Singapore Exchange. Jardine Matheson Holdings owns 53% of the company.
56GF Score

Get the complete analysis for HNGKY

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

$35.46
Price
$14.22
GF Value