HNLGF (Hang Lung Group) Gross Margin %: 65.77% (As of Dec. 2025) — Near Median


HNLGF Hang Lung Group Ltd HNLGF
62 GF Score
Price $1.94
GF Value $1.54
! 7 Warning Signs
View Full Analysis

What is Hang Lung Group Gross Margin %?

Hang Lung Group HNLGF 62 Gross Margin % is 65.77% as of Dec. 2025, which is 7% below its 10-year median of 71.05. GuruFocus rates HNLGF with a GF Score™ of 62/100 and a GF Value™ of $1.54. The stock has 7 warning signs investors should review. Among 1,646 Real Estate companies, Hang Lung Group ranks better than 76.97% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Hang Lung Group's Gross Profit for the six months ended in Dec. 2025 was $441 Mil. Hang Lung Group's Revenue for the six months ended in Dec. 2025 was $670 Mil. Therefore, Hang Lung Group's Gross Margin % for the quarter that ended in Dec. 2025 was 65.77%.

Warning Sign:

Hang Lung Group Ltd gross margin has been in long-term decline. The average rate of decline per year is -3.1%.


The historical rank and industry rank for Hang Lung Group's Gross Margin % or its related term are showing as below:

HNLGF' s Gross Margin % Range Over the Past 10 Years
Min: 58.04   Med: 71.05   Max: 73.11
Current: 65.64


During the past 13 years, the highest Gross Margin % of Hang Lung Group was 73.11%. The lowest was 58.04%. And the median was 71.05%.

HNLGF's Gross Margin % is ranked better than
76.97% of 1646 companies
in the Real Estate industry
Industry Median: 36.96 vs HNLGF: 65.64

Hang Lung Group had a gross margin of 65.77% for the quarter that ended in Dec. 2025 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Hang Lung Group was -3.10% per year.


Hang Lung Group  (OTCPK:HNLGF) 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

Hang Lung Group had a gross margin of 65.77% for the quarter that ended in Dec. 2025 => 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.


Hang Lung Group Gross Margin % Related Terms


Hang Lung Group Gross Margin % Historical Data

* Premium members only.

The historical data trend for Hang Lung Group'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.

Hang Lung Group Gross Margin % Chart

Hang Lung Group 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 71.50 70.22 71.63 58.04 65.64

Hang Lung Group 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 70.20 56.64 59.71 65.51 65.77

HNLGF vs CBRE, BEKE, JLL: Gross Margin % Comparison

For the Real Estate Services subindustry, Hang Lung Group'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.


Hang Lung Group Gross Margin % vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Hang Lung Group's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Hang Lung Group's Gross Margin % falls into.


HNLGF
62GF Score
Hang Lung Group Ltd HNLGF
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hang Lung Group Gross Margin % Calculation

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

Hang Lung Group'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 )
=878.6 / 1338.423
=(Revenue - Cost of Goods Sold) / Revenue
=(1338.423 - 459.85) / 1338.423
=65.64 %

Hang Lung Group'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 )
=440.6 / 669.854
=(Revenue - Cost of Goods Sold) / Revenue
=(669.854 - 229.282) / 669.854
=65.77 %

* 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 65.77% mean?
Hang Lung Group (HNLGF) has a Gross Margin % of 65.77% as of Dec. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on Hang Lung Group and its competitors. This is near median its historical median of 71.05. Over the past decade, Hang Lung Group's Gross Margin % has ranged from 58.04 to 73.11. According to the industry distribution chart, Hang Lung Group ranks #379 out of 1646 companies in the Real Estate industry, placing it in the top 23%.
Is Hang Lung Group's Gross Margin % too high?
Hang Lung Group's current Gross Margin % of 65.77% is near median its 10-year median of 71.05. Over the past 10 years, this metric has ranged from a low of 58.04 to a high of 73.11. The Real Estate industry median Gross Margin % is 36.96. Hang Lung Group's value of 65.77% is 77.9% above this industry median. Based on the distribution chart, Hang Lung Group ranks #379 out of 1646 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. Overall, Hang Lung Group has a GF Score™ of 62/100, reflecting its overall financial health beyond just this single metric.
How does Hang Lung Group's Gross Margin % compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Hang Lung Group ranks #379 out of 1646 companies for Gross Margin %. This places Hang Lung Group in the top 23% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 36.96. Hang Lung Group's value of 65.77% is 77.9% above this benchmark. Historically, Hang Lung Group's own Gross Margin % has ranged from 58.04 to 73.11 over the past decade. While the company's 10-year median is 71.05 vs. the industry median of 36.96, Hang Lung Group 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 Real Estate company?
The median Gross Margin % among Real Estate companies is 36.96, based on 1,646 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. Hang Lung Group's current Gross Margin % of 65.77% is 77.9% 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 Hang Lung Group and its competitors. For the Real Estate industry, the median Gross Margin % is 36.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hang Lung Group's current Gross Margin % is 65.77%, which is near median its own 10-year median of 71.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hang Lung Group stock overvalued right now?
Hang Lung Group (HNLGF) has a current Gross Margin % of 65.77%. The stock's GF Value™ is $1.54, compared to a current price of $1.94 — trading 26% above its estimated fair value. The current Gross Margin % is 65.77%, which is near median its 10-year median of 71.05 and 77.9% above the Real Estate industry median of 36.96. Hang Lung Group's overall GF Score™ is 62/100 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 Hang Lung Group (HNLGF), the current Gross Margin % is 65.77% 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 Hang Lung Group (HNLGF) Overvalued in 2026?

Based on GuruFocus' analysis, Hang Lung Group stock appears to be overvalued. The current stock price of $1.94 is trading 26% above its estimated GF Value™ of $1.54.

Key valuation signals for HNLGF:

  • Gross Margin %: 65.77% (near median its 10-year median of 71.05)
  • GF Value™: $1.54 vs. price of $1.94 (26% above fair value)
  • GF Score™: 62/100 with 7 warning signs
  • Industry Position: 77.9% above the Real Estate median (#379 of 1646)

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


Hang Lung Group Business Description

Address 4 Des Voeux Road Central, 28th Floor, Standard Chartered Bank Building, Hong Kong, HKG
Hang Lung Group Ltd is an investment holding company. Through its subsidiaries, it is engaged in property development for sales and leasing, property investment for rental income, and other investments. The Group also operates in property management, and through its joint ventures, is involved in the provision of dry and laundry cleaning services. Its reportable segments are Property Leasing, Hotels, and Property Sales. Maximum revenue is generated from the Property Leasing segment, which includes leasing of a portfolio of commercial, office, and residential properties in Mainland China and Hong Kong. Geographically, the Group generates maximum revenue from the Chinese Mainland and the rest from Hong Kong.
62GF Score

Get the complete analysis for HNLGF

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

$1.94
Price
$1.54
GF Value