Top KingWinWAI +2.34%49 Gross Margin % is 6.71% as of Dec. 2025, which is 90% below its 10-year median of 65.66. GuruFocus rates WAI with a GF Score™ of 49/100 and a GF Value™ of $19.48 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 617 Capital Markets companies, Top KingWin ranks worse than 78.61% on this metric.
Top KingWin Ltd gross margin has been in long-term decline. The average rate of decline per year is -30.1%.
The historical rank and industry rank for Top KingWin's Gross Margin % or its related term are showing as below:
WAI'
s Gross Margin % Range Over the Past 10 Years
Min: 8.71 Med: 65.66 Max: 78.44
Current: 8.71
During the past 6 years, the highestGross Margin % of Top KingWin was 78.44%. The lowest was 8.71%. And the median was 65.66%.
WAI's Gross Margin % is ranked worse than 78.61% of 617
companies
in the Capital Markets industry
Industry Median: 48.3
vs WAI: 8.71
Top KingWin had a gross margin of 6.71% for the quarter that ended in Dec. 2025 => No sustainable competitive advantage
The 5-Year average Growth Rate of Gross Margin for Top KingWin was -30.10% per year.
Top KingWin (NAS:WAI) 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
Top KingWin had a gross margin of 6.71% for the quarter that ended in Dec. 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.
Top KingWin Gross Margin % Related Terms
Top KingWin Gross Margin % Historical Data
* Premium members only.
The historical data trend for Top KingWin'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.
WAI vs PMAX, LMFA, ITEX: Gross Margin % Comparison
For the Capital Markets subindustry, Top KingWin'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.
Top KingWin Gross Margin % vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Top KingWin's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Top KingWin'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.
Top KingWin (WAI) has a Gross Margin % of 6.71% as of Dec. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on Top KingWin and its competitors. This is 90% below median its historical median of 65.66. Over the past decade, Top KingWin's Gross Margin % has ranged from 8.71 to 78.44. According to the industry distribution chart, Top KingWin ranks #485 out of 617 companies in the Capital Markets industry, placing it in the top 78.6%.
Is Top KingWin's Gross Margin % too high?
Top KingWin's current Gross Margin % of 6.71% is 90% below median its 10-year median of 65.66. Over the past 10 years, this metric has ranged from a low of 8.71 to a high of 78.44. The Capital Markets industry median Gross Margin % is 48.30. Top KingWin's value of 6.71% is 86.1% below this industry median. Based on the distribution chart, Top KingWin ranks #485 out of 617 companies in the Capital Markets industry, which is in the bottom quartile relative to peers. Overall, Top KingWin has a GF Score™ of 49/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Top KingWin's Gross Margin % compare to PMAX and LMFA?
According to the Capital Markets industry distribution chart, Top KingWin ranks #485 out of 617 companies for Gross Margin %. This places Top KingWin in the lower half of its industry. The industry median Gross Margin % is 48.30. Top KingWin's value of 6.71% is 86.1% below this benchmark. Historically, Top KingWin's own Gross Margin % has ranged from 8.71 to 78.44 over the past decade. While the company's 10-year median is 65.66 vs. the industry median of 48.30, Top KingWin 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 Capital Markets company?
The median Gross Margin % among Capital Markets companies is 48.30, based on 617 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. Top KingWin's current Gross Margin % of 6.71% is 86.1% 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 Top KingWin and its competitors. For the Capital Markets industry, the median Gross Margin % is 48.30 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Top KingWin's current Gross Margin % is 6.71%, which is 90% below median its own 10-year median of 65.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Top KingWin stock overvalued right now?
Based on GuruFocus' analysis, Top KingWin (WAI) is currently considered Possible Value Trap. The stock's GF Value™ is $19.48, compared to a current price of $1.97 — trading 89.9% below its estimated fair value. The current Gross Margin % is 6.71%, which is 90% below median its 10-year median of 65.66 and 86.1% below the Capital Markets industry median of 48.30. Top KingWin's overall GF Score™ is 49/100 with 7 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 Top KingWin (WAI), the current Gross Margin % is 6.71% as of Dec. 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 Top KingWin (WAI) Overvalued in 2026?
Based on GuruFocus' analysis, Top KingWin stock appears to be undervalued.
The current stock price of $1.97 is trading 89.9% below its estimated GF Value™ of $19.48.
GuruFocus considers Top KingWin to be Possible Value Trap.
Key valuation signals for WAI:
Gross Margin %: 6.71% (90% below median its 10-year median of 65.66)
GF Value™: $19.48 vs. price of $1.97 (89.9% below fair value)
Industry Position: 86.1% below the Capital Markets median (#485 of 617)
No single metric tells the full story. See the WAI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Top KingWin Ltd is an offshore holding company. The company provides business services mainly to small and medium-sized enterprises, focusing on corporate training related to capital markets, business planning, and fundraising awareness, including guidance on public listing processes and regulatory basics. It also offers corporate consulting, advisory, and transaction services that are customized to clients' fundraising and strategic financial needs, often delivered as bundled or modular solutions. In addition, the company has expanded into selling AI-related devices for data collection and analysis as well as robots with interactive and multi-scenario capabilities, and it has also started limited overseas operations through a subsidiary in the United States.
49GF Score
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