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Town Ray Holdings Ltd
HKEX:1692

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Town Ray Holdings Ltd
HKEX:1692
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Price: 1.64 HKD -0.61% Market Closed
Market Cap: HK$588.8m

Gross Margin

29.1%
Current
Declining
by 4%
vs 3-y average of 33.1%

Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.

Gross Margin
29.1%
=
Gross Profit
HK$211.9m
/
Revenue
HK$729m

Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.

Gross Margin
29.1%
=
Gross Profit
HK$211.9m
/
Revenue
HK$729m

Peer Comparison

Country Company Market Cap Gross
Margin
HK
Town Ray Holdings Ltd
HKEX:1692
588.8m HKD
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JP
Fujitsu General Ltd
TSE:6755
4 282 616.6T JPY
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CN
Midea Group Co Ltd
SZSE:000333
591.8B CNY
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CN
Gree Electric Appliances Inc of Zhuhai
SZSE:000651
209B CNY
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CN
Haier Smart Home Co Ltd
SSE:600690
197.5B CNY
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US
Sharkninja Inc
NYSE:SN
16.9B USD
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IN
LG Electronics India Ltd
NSE:LGEINDIA
1.1T INR
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IT
De' Longhi SpA
MIL:DLG
5.1B EUR
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CN
Hangzhou Greatstar Industrial Co Ltd
SZSE:002444
37.7B CNY
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CN
Zhejiang Supor Co Ltd
SZSE:002032
36.6B CNY
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CN
Ecovacs Robotics Co Ltd
SSE:603486
36.4B CNY
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Market Distribution

In line with most companies in Hong Kong
Percentile
54rd
Based on 2 774 companies
54rd percentile
29.1%
Low
-3 900% — 12.5%
Typical Range
12.5% — 42.7%
High
42.7% — 905%
Distribution Statistics
Hong Kong
Min -3 900%
30th Percentile 12.5%
Median 26.6%
70th Percentile 42.7%
Max 905%

Town Ray Holdings Ltd
Glance View

Market Cap
588.8m HKD
Industry
Consumer products

Town Ray Holdings Ltd. engages in manufacturing and supply of electrothermic household appliances mainly to overseas markets. The company employs 866 full-time employees The company went IPO on 2019-10-25. Along with its subsidiaries, the Company operates through three segments. Garment Care Appliances segment manufactures and sells steam generator irons, garment steamers and steam irons. Cooking Appliances segment manufactures and sells coffee machines, steam cooking appliances and other cooking appliances. The Other segment manufactures and sells consumer electronics products, cleaning products and air purifiers. The firm mainly sales its products to overseas markets, including Germany, France, the United Kingdom and the Netherlands.

Intrinsic Value
3.29 HKD
Undervaluation 50%
Intrinsic Value
Price HK$1.64
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What is Gross Margin?
Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.
How is Gross Margin calculated?

Gross Margin is calculated by dividing the Gross Profit by the Revenue.

Gross Margin
29.1%
=
Gross Profit
HK$211.9m
/
Revenue
HK$729m
What is Town Ray Holdings Ltd's current Gross Margin?

The current Gross Margin for Town Ray Holdings Ltd is 29.1%, which is below its 3-year median of 33.1%.

How has Gross Margin changed over time?

Over the last 3 years, Town Ray Holdings Ltd’s Gross Margin has increased from 28.9% to 29.1%. During this period, it reached a low of 28.9% on Jun 30, 2022 and a high of 36% on Jun 30, 2023.

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