China CYTS Tours Holding CoSHSE:600138 +1.04%60 Gross Margin % is 17.61% as of Mar. 2026, which is 25% below its 10-year median of 23.44. GuruFocus rates SHSE:600138 with a GF Score™ of 60/100 and a GF Value™ of ¥12.23 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 793 Travel & Leisure companies, China CYTS Tours Holding Co ranks worse than 83.73% on this metric.
SHSE:600138's Gross Margin % is ranked worse than 83.73% of 793
companies
in the Travel & Leisure industry
Industry Median: 44.16
vs SHSE:600138: 19.25
China CYTS Tours Holding Co had a gross margin of 17.61% for the quarter that ended in Mar. 2026 => No sustainable competitive advantage
China CYTS Tours Holding Co (SHSE:600138) 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
China CYTS Tours Holding Co had a gross margin of 17.61% 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.
China CYTS Tours Holding Co Gross Margin % Related Terms
China CYTS Tours Holding Co 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.
SHSE:600138 vs MAR, HLT, H: Gross Margin % Comparison
For the Lodging subindustry, China CYTS Tours Holding Co'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.
China CYTS Tours Holding Co Gross Margin % vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, China CYTS Tours Holding Co's Gross Margin % distribution charts can be found below:
* The bar in red indicates where China CYTS Tours Holding Co'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.
China CYTS Tours Holding Co (SHSE:600138) has a Gross Margin % of 17.61% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on China CYTS Tours Holding Co and its competitors. This is 25% below median its historical median of 23.44. Over the past decade, China CYTS Tours Holding Co's Gross Margin % has ranged from 16.02 to 25.45. According to the industry distribution chart, China CYTS Tours Holding Co ranks #664 out of 793 companies in the Travel & Leisure industry, placing it in the top 83.7%.
Is China CYTS Tours Holding Co's Gross Margin % too high?
China CYTS Tours Holding Co's current Gross Margin % of 17.61% is 25% below median its 10-year median of 23.44. Over the past 10 years, this metric has ranged from a low of 16.02 to a high of 25.45. The Travel & Leisure industry median Gross Margin % is 44.16. China CYTS Tours Holding Co's value of 17.61% is 60.1% below this industry median. Based on the distribution chart, China CYTS Tours Holding Co ranks #664 out of 793 companies in the Travel & Leisure industry, which is in the bottom quartile relative to peers. Overall, China CYTS Tours Holding Co has a GF Score™ of 60/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does China CYTS Tours Holding Co's Gross Margin % compare to MAR and HLT?
According to the Travel & Leisure industry distribution chart, China CYTS Tours Holding Co ranks #664 out of 793 companies for Gross Margin %. This places China CYTS Tours Holding Co in the lower half of its industry. The industry median Gross Margin % is 44.16. China CYTS Tours Holding Co's value of 17.61% is 60.1% below this benchmark. Historically, China CYTS Tours Holding Co's own Gross Margin % has ranged from 16.02 to 25.45 over the past decade. While the company's 10-year median is 23.44 vs. the industry median of 44.16, China CYTS Tours Holding Co 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 Travel & Leisure company?
The median Gross Margin % among Travel & Leisure companies is 44.16, based on 793 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. China CYTS Tours Holding Co's current Gross Margin % of 17.61% is 60.1% 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 China CYTS Tours Holding Co and its competitors. For the Travel & Leisure industry, the median Gross Margin % is 44.16 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China CYTS Tours Holding Co's current Gross Margin % is 17.61%, which is 25% below median its own 10-year median of 23.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China CYTS Tours Holding Co stock overvalued right now?
Based on GuruFocus' analysis, China CYTS Tours Holding Co (SHSE:600138) is currently considered Possible Value Trap. The stock's GF Value™ is ¥12.23, compared to a current price of ¥6.79 — trading 44.5% below its estimated fair value. The current Gross Margin % is 17.61%, which is 25% below median its 10-year median of 23.44 and 60.1% below the Travel & Leisure industry median of 44.16. China CYTS Tours Holding Co's overall GF Score™ is 60/100 with 5 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 China CYTS Tours Holding Co (SHSE:600138), the current Gross Margin % is 17.61% 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 China CYTS Tours Holding Co (SHSE:600138) Overvalued in 2026?
Based on GuruFocus' analysis, China CYTS Tours Holding Co stock appears to be undervalued.
The current stock price of ¥6.79 is trading 44.5% below its estimated GF Value™ of ¥12.23.
GuruFocus considers China CYTS Tours Holding Co to be Possible Value Trap.
Key valuation signals for SHSE:600138:
Gross Margin %: 17.61% (25% below median its 10-year median of 23.44)
GF Value™: ¥12.23 vs. price of ¥6.79 (44.5% below fair value)
Industry Position: 60.1% below the Travel & Leisure median (#664 of 793)
No single metric tells the full story. See the SHSE:600138 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
China CYTS Tours Holding Co Ltd is a China-based company engaged in the tourism services industry. It provides services including holiday booking services, the domestic tourist resort, island tourist resort and other services and benefits. The company provides tourism services which include both the domestic and international tour vacations.
60GF Score
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