TUGHF (Tungtex (Holdings) Co) Gross Margin %: 19.39% (As of Sep. 2025) — Near Median


TUGHF Tungtex (Holdings) Co Ltd TUGHF
38 GF Score
Price $0.03
GF Value $0.03
! 5 Warning Signs
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What is Tungtex (Holdings) Co Gross Margin %?

Tungtex (Holdings) Co TUGHF 38 Gross Margin % is 19.39% as of Sep. 2025, which is 4% below its 10-year median of 20.23. GuruFocus rates TUGHF with a GF Score™ of 38/100 and a GF Value™ of $0.03. The stock has 5 warning signs investors should review. Among 1,024 Manufacturing - Apparel & Accessories companies, Tungtex (Holdings) Co ranks worse than 64.26% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Tungtex (Holdings) Co's Gross Profit for the six months ended in Sep. 2025 was $6.97 Mil. Tungtex (Holdings) Co's Revenue for the six months ended in Sep. 2025 was $35.92 Mil. Therefore, Tungtex (Holdings) Co's Gross Margin % for the quarter that ended in Sep. 2025 was 19.39%.

Warning Sign:

Tungtex (Holdings) Co Ltd gross margin has been in long-term decline. The average rate of decline per year is -1.3%.


The historical rank and industry rank for Tungtex (Holdings) Co's Gross Margin % or its related term are showing as below:

TUGHF' s Gross Margin % Range Over the Past 10 Years
Min: 16.06   Med: 20.23   Max: 21.84
Current: 19.91


During the past 13 years, the highest Gross Margin % of Tungtex (Holdings) Co was 21.84%. The lowest was 16.06%. And the median was 20.23%.

TUGHF's Gross Margin % is ranked worse than
64.26% of 1024 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 28.415 vs TUGHF: 19.91

Tungtex (Holdings) Co had a gross margin of 19.39% for the quarter that ended in Sep. 2025 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Tungtex (Holdings) Co was -1.30% per year.


Tungtex (Holdings) Co  (OTCPK:TUGHF) 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

Tungtex (Holdings) Co had a gross margin of 19.39% for the quarter that ended in Sep. 2025 => 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.


Tungtex (Holdings) Co Gross Margin % Related Terms


Tungtex (Holdings) Co Gross Margin % Historical Data

* Premium members only.

The historical data trend for Tungtex (Holdings) Co'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.

Tungtex (Holdings) Co Gross Margin % Chart

Tungtex (Holdings) Co Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 21.39 19.05 21.43 20.48 18.26

Tungtex (Holdings) Co Semi-Annual Data
Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25
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 18.86 21.85 16.05 20.33 19.39

TUGHF vs RL, LEVI, VFC: Gross Margin % Comparison

For the Apparel Manufacturing subindustry, Tungtex (Holdings) 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.


Tungtex (Holdings) Co Gross Margin % vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Tungtex (Holdings) Co's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Tungtex (Holdings) Co's Gross Margin % falls into.


TUGHF
38GF Score
Tungtex (Holdings) Co Ltd TUGHF
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Tungtex (Holdings) Co Gross Margin % Calculation

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

Tungtex (Holdings) Co's Gross Margin for the fiscal year that ended in Mar. 2025 is calculated as

Gross Margin % (A: Mar. 2025 )=Gross Profit (A: Mar. 2025 ) / Revenue (A: Mar. 2025 )
=15.7 / 86.127
=(Revenue - Cost of Goods Sold) / Revenue
=(86.127 - 70.4) / 86.127
=18.26 %

Tungtex (Holdings) Co's Gross Margin for the quarter that ended in Sep. 2025 is calculated as


Gross Margin % (Q: Sep. 2025 )=Gross Profit (Q: Sep. 2025 ) / Revenue (Q: Sep. 2025 )
=7 / 35.918
=(Revenue - Cost of Goods Sold) / Revenue
=(35.918 - 28.953) / 35.918
=19.39 %

* 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 19.39% mean?
Tungtex (Holdings) Co (TUGHF) has a Gross Margin % of 19.39% as of Sep. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on Tungtex (Holdings) Co and its competitors. This is near median its historical median of 20.23. Over the past decade, Tungtex (Holdings) Co's Gross Margin % has ranged from 16.06 to 21.84. According to the industry distribution chart, Tungtex (Holdings) Co ranks #658 out of 1024 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 64.3%.
Is Tungtex (Holdings) Co's Gross Margin % too high?
Tungtex (Holdings) Co's current Gross Margin % of 19.39% is near median its 10-year median of 20.23. Over the past 10 years, this metric has ranged from a low of 16.06 to a high of 21.84. The Manufacturing - Apparel & Accessories industry median Gross Margin % is 28.42. Tungtex (Holdings) Co's value of 19.39% is 31.8% below this industry median. Based on the distribution chart, Tungtex (Holdings) Co ranks #658 out of 1024 companies in the Manufacturing - Apparel & Accessories industry, which is below the industry midpoint. Overall, Tungtex (Holdings) Co has a GF Score™ of 38/100, reflecting its overall financial health beyond just this single metric.
How does Tungtex (Holdings) Co's Gross Margin % compare to RL and LEVI?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Tungtex (Holdings) Co ranks #658 out of 1024 companies for Gross Margin %. This places Tungtex (Holdings) Co in the lower half of its industry. The industry median Gross Margin % is 28.42. Tungtex (Holdings) Co's value of 19.39% is 31.8% below this benchmark. Historically, Tungtex (Holdings) Co's own Gross Margin % has ranged from 16.06 to 21.84 over the past decade. While the company's 10-year median is 20.23 vs. the industry median of 28.42, Tungtex (Holdings) 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 Manufacturing - Apparel & Accessories company?
The median Gross Margin % among Manufacturing - Apparel & Accessories companies is 28.42, based on 1,024 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. Tungtex (Holdings) Co's current Gross Margin % of 19.39% is 31.8% 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 Tungtex (Holdings) Co and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Gross Margin % is 28.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tungtex (Holdings) Co's current Gross Margin % is 19.39%, which is near median its own 10-year median of 20.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tungtex (Holdings) Co stock overvalued right now?
Tungtex (Holdings) Co (TUGHF) has a current Gross Margin % of 19.39%. The stock's GF Value™ is $0.03, compared to a current price of $0.03 — trading 8.9% above its estimated fair value. The current Gross Margin % is 19.39%, which is near median its 10-year median of 20.23 and 31.8% below the Manufacturing - Apparel & Accessories industry median of 28.42. Tungtex (Holdings) Co's overall GF Score™ is 38/100 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 Tungtex (Holdings) Co (TUGHF), the current Gross Margin % is 19.39% as of Sep. 2025. 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 Tungtex (Holdings) Co (TUGHF) Overvalued in 2026?

Based on GuruFocus' analysis, Tungtex (Holdings) Co stock appears to be overvalued. The current stock price of $0.03 is trading 8.9% above its estimated GF Value™ of $0.03.

Key valuation signals for TUGHF:

  • Gross Margin %: 19.39% (near median its 10-year median of 20.23)
  • GF Value™: $0.03 vs. price of $0.03 (8.9% above fair value)
  • GF Score™: 38/100 with 5 warning signs
  • Industry Position: 31.8% below the Manufacturing - Apparel & Accessories median (#658 of 1024)

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


Tungtex (Holdings) Co Business Description

Other Exchanges 00518:Hong Kong
Address No. 83 Hung To Road, Office A, 26th Floor, EGL Tower, Kwun Tong, Kowloon, Hong Kong, HKG
Tungtex (Holdings) Co Ltd is engaged in the business of manufacturing and sale of garments products. The operating segments of the group are North America, Asia, and Europe and others. Its customers are located in the PRC, the USA, Canada, European countries, and other countries, of which key revenue is generated from the USA. The company offers Silk-blended, Linen, Cotton, Synthetic items, and other products.
38GF Score

Get the complete analysis for TUGHF

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

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