Hinova Pharmaceuticals (SHSE:688302) Gross Margin %: 99.82% (As of Mar. 2026) — Near Median


SHSE:688302 Hinova Pharmaceuticals Inc SHSE:688302
26 GF Score
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What is Hinova Pharmaceuticals Gross Margin %?

Hinova Pharmaceuticals SHSE:688302 +2.03% 26 Gross Margin % is 99.82% as of Mar. 2026, which is 9% above its 10-year median of 91.55. GuruFocus rates SHSE:688302 with a GF Score™ of 26/100. The stock has 2 warning signs investors should review. Among 732 Biotechnology companies, Hinova Pharmaceuticals ranks better than 97.4% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Hinova Pharmaceuticals's Gross Profit for the three months ended in Mar. 2026 was ¥25.98 Mil. Hinova Pharmaceuticals's Revenue for the three months ended in Mar. 2026 was ¥26.03 Mil. Therefore, Hinova Pharmaceuticals's Gross Margin % for the quarter that ended in Mar. 2026 was 99.82%.


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

SHSE:688302' s Gross Margin % Range Over the Past 10 Years
Min: 8.45   Med: 91.55   Max: 99.29
Current: 99.29


During the past 8 years, the highest Gross Margin % of Hinova Pharmaceuticals was 99.29%. The lowest was 8.45%. And the median was 91.55%.

SHSE:688302's Gross Margin % is ranked better than
97.4% of 732 companies
in the Biotechnology industry
Industry Median: 60.91 vs SHSE:688302: 99.29

Hinova Pharmaceuticals had a gross margin of 99.82% for the quarter that ended in Mar. 2026 => Durable competitive advantage

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


Hinova Pharmaceuticals  (SHSE:688302) 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

Hinova Pharmaceuticals had a gross margin of 99.82% for the quarter that ended in Mar. 2026 => 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.


Hinova Pharmaceuticals Gross Margin % Related Terms


Hinova Pharmaceuticals Gross Margin % Historical Data

* Premium members only.

The historical data trend for Hinova Pharmaceuticals'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.

Hinova Pharmaceuticals Gross Margin % Chart

Hinova Pharmaceuticals Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Gross Margin %
Get a 7-Day Free Trial 0.00 53.54 0.00 8.45 98.62

Hinova Pharmaceuticals 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 0.00 99.52 99.62 106.32 99.82

SHSE:688302 vs VRTX, REGN, ALNY: Gross Margin % Comparison

For the Biotechnology subindustry, Hinova Pharmaceuticals'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.


Hinova Pharmaceuticals Gross Margin % vs Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Hinova Pharmaceuticals's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Hinova Pharmaceuticals's Gross Margin % falls into.


SHSE:688302
26GF Score
Hinova Pharmaceuticals Inc SHSE:688302
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Hinova Pharmaceuticals Gross Margin % Calculation

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

Hinova Pharmaceuticals'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 )
=20.2 / 20.47
=(Revenue - Cost of Goods Sold) / Revenue
=(20.47 - 0.283) / 20.47
=98.62 %

Hinova Pharmaceuticals'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 )
=26 / 26.025
=(Revenue - Cost of Goods Sold) / Revenue
=(26.025 - 0.046999999999997) / 26.025
=99.82 %

* 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 99.82% mean?
Hinova Pharmaceuticals (SHSE:688302) has a Gross Margin % of 99.82% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Hinova Pharmaceuticals and its competitors. This is near median its historical median of 91.55. Over the past decade, Hinova Pharmaceuticals' Gross Margin % has ranged from 8.45 to 99.29. According to the industry distribution chart, Hinova Pharmaceuticals ranks #19 out of 732 companies in the Biotechnology industry, placing it in the top 2.6%.
Is Hinova Pharmaceuticals' Gross Margin % too high?
Hinova Pharmaceuticals' current Gross Margin % of 99.82% is near median its 10-year median of 91.55. Over the past 10 years, this metric has ranged from a low of 8.45 to a high of 99.29. The Biotechnology industry median Gross Margin % is 60.91. Hinova Pharmaceuticals' value of 99.82% is 63.9% above this industry median. Based on the distribution chart, Hinova Pharmaceuticals ranks #19 out of 732 companies in the Biotechnology industry, which is in the top quartile — a strong position relative to peers. Overall, Hinova Pharmaceuticals has a GF Score™ of 26/100, reflecting its overall financial health beyond just this single metric.
How does Hinova Pharmaceuticals' Gross Margin % compare to VRTX and REGN?
According to the Biotechnology industry distribution chart, Hinova Pharmaceuticals ranks #19 out of 732 companies for Gross Margin %. This places Hinova Pharmaceuticals in the top 3% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 60.91. Hinova Pharmaceuticals' value of 99.82% is 63.9% above this benchmark. Historically, Hinova Pharmaceuticals' own Gross Margin % has ranged from 8.45 to 99.29 over the past decade. While the company's 10-year median is 91.55 vs. the industry median of 60.91, Hinova Pharmaceuticals 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 Biotechnology company?
The median Gross Margin % among Biotechnology companies is 60.91, based on 732 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. Hinova Pharmaceuticals's current Gross Margin % of 99.82% is 63.9% 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 Hinova Pharmaceuticals and its competitors. For the Biotechnology industry, the median Gross Margin % is 60.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hinova Pharmaceuticals's current Gross Margin % is 99.82%, which is near median its own 10-year median of 91.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hinova Pharmaceuticals stock overvalued right now?
Hinova Pharmaceuticals (SHSE:688302) has a current Gross Margin % of 99.82%. The current Gross Margin % is 99.82%, which is near median its 10-year median of 91.55 and 63.9% above the Biotechnology industry median of 60.91. Hinova Pharmaceuticals' overall GF Score™ is 26/100 with 2 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 Hinova Pharmaceuticals (SHSE:688302), the current Gross Margin % is 99.82% 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.

Hinova Pharmaceuticals Business Description

Address No. 5 Keyuan South Road, No. 2 and 3, 4th Floor, Building 1, Rongyao Building, High-tech Zone, Sichuan Province, Chengdu, CHN, 610041
Hinova Pharmaceuticals Inc is an international drug company based on technology platforms such as deuterium and PROTAC, aiming to develop Best-in-class and First-in-class drugs with major clinical needs. The company focuses on the research and development of drugs in therapeutic areas such as oncology and metabolic diseases, focusing on providing safe, effective and affordable drugs for patients, and is committed to the development and production of drugs with global rights and interests.
26GF Score

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