Soho Holly (SHSE:600128) Gross Margin %: 4.30% (As of Mar. 2026) — 31% Below Median

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SHSE:600128 Soho Holly Corp SHSE:600128
63 GF Score
Price ¥7.75
GF Value ¥9.95
Valuation Modestly Undervalued
! 6 Warning Signs
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What is Soho Holly Gross Margin %?

Soho Holly SHSE:600128 +1.04% 63 Gross Margin % is 4.30% as of Mar. 2026, which is 31% below its 10-year median of 6.26. GuruFocus rates SHSE:600128 with a GF Score™ of 63/100 and a GF Value™ of ¥9.95 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 1,119 Retail - Cyclical companies, Soho Holly ranks worse than 94.55% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Soho Holly's Gross Profit for the three months ended in Mar. 2026 was ¥62 Mil. Soho Holly's Revenue for the three months ended in Mar. 2026 was ¥1,452 Mil. Therefore, Soho Holly's Gross Margin % for the quarter that ended in Mar. 2026 was 4.30%.

Warning Sign:

Soho Holly Corp gross margin has been in long-term decline. The average rate of decline per year is -4.7%.


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

SHSE:600128' s Gross Margin % Range Over the Past 10 Years
Min: 5.13   Med: 6.26   Max: 8.03
Current: 5.44


During the past 13 years, the highest Gross Margin % of Soho Holly was 8.03%. The lowest was 5.13%. And the median was 6.26%.

SHSE:600128's Gross Margin % is ranked worse than
94.55% of 1119 companies
in the Retail - Cyclical industry
Industry Median: 36.32 vs SHSE:600128: 5.44

Soho Holly had a gross margin of 4.30% for the quarter that ended in Mar. 2026 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Soho Holly was -4.70% per year.


Soho Holly  (SHSE:600128) 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

Soho Holly had a gross margin of 4.30% 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.


Soho Holly Gross Margin % Related Terms


Soho Holly Gross Margin % Historical Data

* Premium members only.

The historical data trend for Soho Holly'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.

Soho Holly Gross Margin % Chart

Soho Holly 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 5.92 5.21 5.30 5.38 5.13

Soho Holly Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 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 3.40 5.39 4.59 7.47 4.30

SHSE:600128 vs CASY, WSM, ULTA: Gross Margin % Comparison

For the Specialty Retail subindustry, Soho Holly'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.


Soho Holly Gross Margin % vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Soho Holly's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Soho Holly's Gross Margin % falls into.


SHSE:600128
63GF Score
Soho Holly Corp SHSE:600128
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Soho Holly Gross Margin % Calculation

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

Soho Holly'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 )
=396.8 / 7734.775
=(Revenue - Cost of Goods Sold) / Revenue
=(7734.775 - 7337.986) / 7734.775
=5.13 %

Soho Holly'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 )
=62.4 / 1452.037
=(Revenue - Cost of Goods Sold) / Revenue
=(1452.037 - 1389.592) / 1452.037
=4.30 %

* 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 4.30% mean?
Soho Holly (SHSE:600128) has a Gross Margin % of 4.30% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Soho Holly and its competitors. This is 31% below median its historical median of 6.26. Over the past decade, Soho Holly's Gross Margin % has ranged from 5.13 to 8.03. According to the industry distribution chart, Soho Holly ranks #1058 out of 1119 companies in the Retail - Cyclical industry, placing it in the top 94.5%.
Is Soho Holly's Gross Margin % too high?
Soho Holly's current Gross Margin % of 4.30% is 31% below median its 10-year median of 6.26. Over the past 10 years, this metric has ranged from a low of 5.13 to a high of 8.03. The Retail - Cyclical industry median Gross Margin % is 36.32. Soho Holly's value of 4.30% is 88.2% below this industry median. Based on the distribution chart, Soho Holly ranks #1058 out of 1119 companies in the Retail - Cyclical industry, which is in the bottom quartile relative to peers. Overall, Soho Holly has a GF Score™ of 63/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Soho Holly's Gross Margin % compare to CASY and WSM?
According to the Retail - Cyclical industry distribution chart, Soho Holly ranks #1058 out of 1119 companies for Gross Margin %. This places Soho Holly in the lower half of its industry. The industry median Gross Margin % is 36.32. Soho Holly's value of 4.30% is 88.2% below this benchmark. Historically, Soho Holly's own Gross Margin % has ranged from 5.13 to 8.03 over the past decade. While the company's 10-year median is 6.26 vs. the industry median of 36.32, Soho Holly 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 Retail - Cyclical company?
The median Gross Margin % among Retail - Cyclical companies is 36.32, based on 1,119 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. Soho Holly's current Gross Margin % of 4.30% is 88.2% 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 Soho Holly and its competitors. For the Retail - Cyclical industry, the median Gross Margin % is 36.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Soho Holly's current Gross Margin % is 4.30%, which is 31% below median its own 10-year median of 6.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Soho Holly stock overvalued right now?
Based on GuruFocus' analysis, Soho Holly (SHSE:600128) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥9.95, compared to a current price of ¥7.75 — trading 22.1% below its estimated fair value. The current Gross Margin % is 4.30%, which is 31% below median its 10-year median of 6.26 and 88.2% below the Retail - Cyclical industry median of 36.32. Soho Holly's overall GF Score™ is 63/100 with 6 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 Soho Holly (SHSE:600128), the current Gross Margin % is 4.30% 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 Soho Holly (SHSE:600128) Overvalued in 2026?

Based on GuruFocus' analysis, Soho Holly stock appears to be undervalued. The current stock price of ¥7.75 is trading 22.1% below its estimated GF Value™ of ¥9.95. GuruFocus considers Soho Holly to be Modestly Undervalued.

Key valuation signals for SHSE:600128:

  • Gross Margin %: 4.30% (31% below median its 10-year median of 6.26)
  • GF Value™: ¥9.95 vs. price of ¥7.75 (22.1% below fair value)
  • GF Score™: 63/100 with 6 warning signs
  • Industry Position: 88.2% below the Retail - Cyclical median (#1058 of 1119)

No single metric tells the full story. See the SHSE:600128 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Soho Holly Business Description

Address No. 50 Zhonghua Road, Hongye Building, Nanjing, Jiangsu, CHN, 210001
Soho Holly Corp is engaged in the trade and export clothing, toys, fishing gear, shoes and hats, medical equipment, chemicals, building materials, household goods, and resources and energy.
63GF Score

Get the complete analysis for SHSE:600128

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

¥7.75
Price
¥9.95
GF Value