Khai Hoan Land Real Estate JSC (STC:KHG) Gross Margin %: 23.97% (As of Mar. 2026) — 34% Below Median


STC:KHG Khai Hoan Land Real Estate JSC STC:KHG
63 GF Score
Price ₫4,930.00
GF Value ₫10,006.75
Valuation Possible Value Trap
! 6 Warning Signs
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What is Khai Hoan Land Real Estate JSC Gross Margin %?

Khai Hoan Land Real Estate JSC STC:KHG 63 Gross Margin % is 23.97% as of Mar. 2026, which is 34% below its 10-year median of 36.21. GuruFocus rates STC:KHG with a GF Score™ of 63/100 and a GF Value™ of ₫10,006.75 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 1,646 Real Estate companies, Khai Hoan Land Real Estate JSC ranks worse than 72.05% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Khai Hoan Land Real Estate JSC's Gross Profit for the three months ended in Mar. 2026 was ₫29,402 Mil. Khai Hoan Land Real Estate JSC's Revenue for the three months ended in Mar. 2026 was ₫122,677 Mil. Therefore, Khai Hoan Land Real Estate JSC's Gross Margin % for the quarter that ended in Mar. 2026 was 23.97%.

Warning Sign:

Khai Hoan Land Real Estate JSC gross margin has been in long-term decline. The average rate of decline per year is -23.7%.


The historical rank and industry rank for Khai Hoan Land Real Estate JSC's Gross Margin % or its related term are showing as below:

STC:KHG' s Gross Margin % Range Over the Past 10 Years
Min: 8.39   Med: 36.21   Max: 47.23
Current: 21.72


During the past 8 years, the highest Gross Margin % of Khai Hoan Land Real Estate JSC was 47.23%. The lowest was 8.39%. And the median was 36.21%.

STC:KHG's Gross Margin % is ranked worse than
72.05% of 1646 companies
in the Real Estate industry
Industry Median: 36.96 vs STC:KHG: 21.72

Khai Hoan Land Real Estate JSC had a gross margin of 23.97% for the quarter that ended in Mar. 2026 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Khai Hoan Land Real Estate JSC was -23.70% per year.


Khai Hoan Land Real Estate JSC  (STC:KHG) 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

Khai Hoan Land Real Estate JSC had a gross margin of 23.97% for the quarter that ended in Mar. 2026 => 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.


Khai Hoan Land Real Estate JSC Gross Margin % Related Terms


Khai Hoan Land Real Estate JSC Gross Margin % Historical Data

* Premium members only.

The historical data trend for Khai Hoan Land Real Estate JSC'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.

Khai Hoan Land Real Estate JSC Gross Margin % Chart

Khai Hoan Land Real Estate JSC Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Gross Margin %
Get a 7-Day Free Trial 45.15 37.66 8.39 14.66 18.88

Khai Hoan Land Real Estate JSC 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 21.30 31.78 27.87 10.81 23.97

Khai Hoan Land Real Estate JSC Gross Margin % Competitor Comparison

For the Real Estate - Development subindustry, Khai Hoan Land Real Estate JSC'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.


Khai Hoan Land Real Estate JSC Gross Margin % vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Khai Hoan Land Real Estate JSC's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Khai Hoan Land Real Estate JSC's Gross Margin % falls into.


STC:KHG
63GF Score
Khai Hoan Land Real Estate JSC STC:KHG
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Khai Hoan Land Real Estate JSC Gross Margin % Calculation

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

Khai Hoan Land Real Estate JSC'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 )
=113523.9 / 601301.821
=(Revenue - Cost of Goods Sold) / Revenue
=(601301.821 - 487777.934) / 601301.821
=18.88 %

Khai Hoan Land Real Estate JSC'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 )
=29401.6 / 122677.469
=(Revenue - Cost of Goods Sold) / Revenue
=(122677.469 - 93275.914) / 122677.469
=23.97 %

* 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 23.97% mean?
Khai Hoan Land Real Estate JSC (STC:KHG) has a Gross Margin % of 23.97% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Khai Hoan Land Real Estate JSC and its competitors. This is 34% below median its historical median of 36.21. Over the past decade, Khai Hoan Land Real Estate JSC's Gross Margin % has ranged from 8.39 to 47.23. According to the industry distribution chart, Khai Hoan Land Real Estate JSC ranks #1186 out of 1646 companies in the Real Estate industry, placing it in the top 72.1%.
Is Khai Hoan Land Real Estate JSC's Gross Margin % too high?
Khai Hoan Land Real Estate JSC's current Gross Margin % of 23.97% is 34% below median its 10-year median of 36.21. Over the past 10 years, this metric has ranged from a low of 8.39 to a high of 47.23. The Real Estate industry median Gross Margin % is 36.96. Khai Hoan Land Real Estate JSC's value of 23.97% is 35.1% below this industry median. Based on the distribution chart, Khai Hoan Land Real Estate JSC ranks #1186 out of 1646 companies in the Real Estate industry, which is below the industry midpoint. Overall, Khai Hoan Land Real Estate JSC has a GF Score™ of 63/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Khai Hoan Land Real Estate JSC's Gross Margin % compare to competitors?
According to the Real Estate industry distribution chart, Khai Hoan Land Real Estate JSC ranks #1186 out of 1646 companies for Gross Margin %. This places Khai Hoan Land Real Estate JSC in the lower half of its industry. The industry median Gross Margin % is 36.96. Khai Hoan Land Real Estate JSC's value of 23.97% is 35.1% below this benchmark. Historically, Khai Hoan Land Real Estate JSC's own Gross Margin % has ranged from 8.39 to 47.23 over the past decade. While the company's 10-year median is 36.21 vs. the industry median of 36.96, Khai Hoan Land Real Estate JSC 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 Real Estate company?
The median Gross Margin % among Real Estate companies is 36.96, based on 1,646 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. Khai Hoan Land Real Estate JSC's current Gross Margin % of 23.97% is 35.1% 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 Khai Hoan Land Real Estate JSC and its competitors. For the Real Estate industry, the median Gross Margin % is 36.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Khai Hoan Land Real Estate JSC's current Gross Margin % is 23.97%, which is 34% below median its own 10-year median of 36.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Khai Hoan Land Real Estate JSC stock overvalued right now?
Based on GuruFocus' analysis, Khai Hoan Land Real Estate JSC (STC:KHG) is currently considered Possible Value Trap. The stock's GF Value™ is ₫10,006.75, compared to a current price of ₫4,930.00 — trading 50.7% below its estimated fair value. The current Gross Margin % is 23.97%, which is 34% below median its 10-year median of 36.21 and 35.1% below the Real Estate industry median of 36.96. Khai Hoan Land Real Estate JSC'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 Khai Hoan Land Real Estate JSC (STC:KHG), the current Gross Margin % is 23.97% 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 Khai Hoan Land Real Estate JSC (STC:KHG) Overvalued in 2026?

Based on GuruFocus' analysis, Khai Hoan Land Real Estate JSC stock appears to be undervalued. The current stock price of ₫4,930.00 is trading 50.7% below its estimated GF Value™ of ₫10,006.75. GuruFocus considers Khai Hoan Land Real Estate JSC to be Possible Value Trap.

Key valuation signals for STC:KHG:

  • Gross Margin %: 23.97% (34% below median its 10-year median of 36.21)
  • GF Value™: ₫10,006.75 vs. price of ₫4,930.00 (50.7% below fair value)
  • GF Score™: 63/100 with 6 warning signs
  • Industry Position: 35.1% below the Real Estate median (#1186 of 1646)

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


Khai Hoan Land Real Estate JSC Business Description

Address 5-7-9-11 Hung Gia 4 Street, Phu My Hung Urban Area, Tan Hung ward, Ho Chi Minh City, VNM
Khai Hoan Land Real Estate JSC operates as a real estate developer and a broker. The companies business includes real estate consulting, brokerage services, auction of real estate, auction of land use rights; housing construction; site preparation; hotel service with threestart above quality standard (not operating at the head office); organization of introduction and trade promotion; construction of other civil engineering works; restaurants and catering services; trading real estate, land use rights of owners, leased or leased by the owners; retailing other goods in specialized stores; civil design activities; landscape maintenance services; wholesale of other household appliances; career education; other recreational activities.
63GF Score

Get the complete analysis for STC:KHG

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

₫4,930.00
Price
₫10,006.75
GF Value