King Wan (SGX:554) Gross Margin %: -12.05% (As of Mar. 2026)


What is King Wan Gross Margin %?

King Wan SGX:554 Gross Margin % is -12.05% as of Mar. 2026. The stock has 4 warning signs investors should review. Among 1,717 Construction companies, King Wan ranks worse than 97.73% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. King Wan's Gross Profit for the six months ended in Mar. 2026 was S$-2.76 Mil. King Wan's Revenue for the six months ended in Mar. 2026 was S$22.91 Mil. Therefore, King Wan's Gross Margin % for the quarter that ended in Mar. 2026 was -12.05%.


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

SGX:554' s Gross Margin % Range Over the Past 10 Years
Min: -5.22   Med: 9.06   Max: 15.05
Current: -5.22


During the past 13 years, the highest Gross Margin % of King Wan was 15.05%. The lowest was -5.22%. And the median was 9.06%.

SGX:554's Gross Margin % is ranked worse than
97.73% of 1717 companies
in the Construction industry
Industry Median: 20.73 vs SGX:554: -5.22

King Wan had a gross margin of -12.05% for the quarter that ended in Mar. 2026 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for King Wan was 0.00% per year.


King Wan  (SGX:554) 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

King Wan had a gross margin of -12.05% for the quarter that ended in Mar. 2026 => 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.


King Wan Gross Margin % Related Terms


King Wan Gross Margin % Historical Data

* Premium members only.

The historical data trend for King Wan'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.

King Wan Gross Margin % Chart

King Wan Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.01 0.49 1.37 8.11 -5.22

King Wan Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.60 9.08 7.18 2.12 -12.05

SGX:554 vs PWR, FIX, EME: Gross Margin % Comparison

For the Engineering & Construction subindustry, King Wan'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.


King Wan Gross Margin % vs Construction Industry

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

* The bar in red indicates where King Wan's Gross Margin % falls into.



King Wan Gross Margin % Calculation

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

King Wan'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 )
=-2.3 / 44.245
=(Revenue - Cost of Goods Sold) / Revenue
=(44.245 - 46.553) / 44.245
=-5.22 %

King Wan'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 )
=-2.8 / 22.906
=(Revenue - Cost of Goods Sold) / Revenue
=(22.906 - 25.667) / 22.906
=-12.05 %

* 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 -12.05% mean?
King Wan (SGX:554) has a Gross Margin % of -12.05% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on King Wan and its competitors. According to the industry distribution chart, King Wan ranks #1678 out of 1717 companies in the Construction industry, placing it in the top 97.7%.
Is King Wan's Gross Margin % too high?
King Wan's current Gross Margin % is -12.05%. Based on the distribution chart, King Wan ranks #1678 out of 1717 companies in the Construction industry, which is in the bottom quartile relative to peers.
How does King Wan's Gross Margin % compare to PWR and FIX?
According to the Construction industry distribution chart, King Wan ranks #1678 out of 1717 companies for Gross Margin %. This places King Wan in the lower half of its industry. The industry median Gross Margin % is 20.73. 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 20.73, based on 1,717 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. 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 King Wan and its competitors. For the Construction industry, the median Gross Margin % is 20.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. King Wan's current Gross Margin % is -12.05%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is King Wan stock overvalued right now?
Based on GuruFocus' analysis, King Wan (SGX:554) is currently considered Significantly Overvalued. The stock's GF Value™ is S$0.01, compared to a current price of S$0.05 — trading 400% above its estimated fair value. The current Gross Margin % is -12.05%. 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 King Wan (SGX:554), the current Gross Margin % is -12.05% 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.

King Wan Business Description

Address 8 Sungei Kadut Loop, Singapore, SGP, 729455
King Wan Corp Ltd engages in the provision of mechanical and electrical engineering services for the building and construction industry. It operates in five segments. The Plumbing and Sanitary segment provides services comprising the design and installation of water distribution systems and pipe networks for sewage and wastewater drainage. The electrical segment focuses on the electrical engineering services that design and install electricity distribution systems, fire protection, alarm systems, and security systems. The toilet rental segment consists of the rental and operation of mobile lavatories. The investment holding segment consists of investments in associates and joint ventures. Others segment involves other activities that do not fall into the activities of the other segments.