What is Neo-Concept International Group Holdings Gross Margin %?
Neo-Concept International Group HoldingsNCI +0.44%23 Gross Margin % is 32.31% as of Dec. 2025, which is 101% above its 10-year median of 16.08. GuruFocus rates NCI with a GF Score™ of 23/100. The stock has 3 warning signs investors should review. Among 1,026 Manufacturing - Apparel & Accessories companies, Neo-Concept International Group Holdings ranks better than 61.21% on this metric.
Neo-Concept International Group Holdings (NAS:NCI) 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
Neo-Concept International Group Holdings had a gross margin of 32.31% for the quarter that ended in Dec. 2025 => Competition eroding margins
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.
Neo-Concept International Group Holdings Gross Margin % Related Terms
Neo-Concept International Group 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.
Neo-Concept International Group Holdings Gross Margin % Chart
Neo-Concept International Group Holdings Annual Data
For the Apparel Manufacturing subindustry, Neo-Concept International Group 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.
Neo-Concept International Group Holdings Gross Margin % vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Neo-Concept International Group Holdings's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Neo-Concept International Group 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.
Neo-Concept International Group Holdings (NCI) has a Gross Margin % of 32.31% as of Dec. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on Neo-Concept International Group Holdings and its competitors. This is 101% above median its historical median of 16.08. Over the past decade, Neo-Concept International Group Holdings' Gross Margin % has ranged from 6.39 to 36.93. According to the industry distribution chart, Neo-Concept International Group Holdings ranks #398 out of 1026 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 38.8%.
Is Neo-Concept International Group Holdings' Gross Margin % too high?
Neo-Concept International Group Holdings' current Gross Margin % of 32.31% is 101% above median its 10-year median of 16.08. Over the past 10 years, this metric has ranged from a low of 6.39 to a high of 36.93. The Manufacturing - Apparel & Accessories industry median Gross Margin % is 28.51. Neo-Concept International Group Holdings' value of 32.31% is 13.3% above this industry median. Based on the distribution chart, Neo-Concept International Group Holdings ranks #398 out of 1026 companies in the Manufacturing - Apparel & Accessories industry, which is above the industry midpoint. Overall, Neo-Concept International Group Holdings has a GF Score™ of 23/100, reflecting its overall financial health beyond just this single metric.
How does Neo-Concept International Group Holdings' Gross Margin % compare to JL and XELB?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Neo-Concept International Group Holdings ranks #398 out of 1026 companies for Gross Margin %. This puts Neo-Concept International Group Holdings in the upper half of its industry. The industry median Gross Margin % is 28.51. Neo-Concept International Group Holdings' value of 32.31% is 13.3% above this benchmark. Historically, Neo-Concept International Group Holdings' own Gross Margin % has ranged from 6.39 to 36.93 over the past decade. While the company's 10-year median is 16.08 vs. the industry median of 28.51, Neo-Concept International Group 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 Manufacturing - Apparel & Accessories company?
The median Gross Margin % among Manufacturing - Apparel & Accessories companies is 28.51, based on 1,026 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. Neo-Concept International Group Holdings's current Gross Margin % of 32.31% is 13.3% 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 Neo-Concept International Group Holdings and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Gross Margin % is 28.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Neo-Concept International Group Holdings's current Gross Margin % is 32.31%, which is 101% above median its own 10-year median of 16.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Neo-Concept International Group Holdings stock overvalued right now?
Neo-Concept International Group Holdings (NCI) has a current Gross Margin % of 32.31%. The current Gross Margin % is 32.31%, which is 101% above median its 10-year median of 16.08 and 13.3% above the Manufacturing - Apparel & Accessories industry median of 28.51. Neo-Concept International Group Holdings' overall GF Score™ is 23/100 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 Neo-Concept International Group Holdings (NCI), the current Gross Margin % is 32.31% 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.
Neo-Concept International Group Holdings Business Description
Neo-Concept International Group Holdings Ltd is a company that is a one-stop apparel solution services provider. The company offers a full suite of services in the apparel supply chain, including market trend analysis, product design and development, raw material sourcing, production and quality control, and logistics management serving customers located in the European and North American markets.
23GF Score
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