Maitong Sunshine Cultural Development (MGSD) Gross Margin (2023 - 2026)
Maitong Sunshine Cultural Development's (MGSD) quarterly Gross Margin came in at 43.12% in Q1 2026, up 555.0% year-over-year from 6.58% in Q1 2025, and down 11.24% quarter-over-quarter from 48.58% in Q4 2025.
Analysis
Maitong Sunshine Cultural Development (MGSD) Gross Margin (2023 - 2026) Analysis & Trends
Maitong Sunshine Cultural Development has disclosed Gross Margin across 4 years of filings, most recently posting 43.12% for Q1 2026.
- In Q1 2026, Gross Margin rose 555.0% year-over-year to 43.12%; the TTM figure through Jun 2026 stood at 60.73% (up 2412.0% YoY), while the FY2025 annual figure was 41.13%, down 429.0% from the prior year.
- Gross Margin came in at 43.12% for Q1 2026 at Maitong Sunshine Cultural Development, down from 48.58% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 65.29% in Q2 2024 to a low of 33.0% in Q3 2024.
- Average Gross Margin over 4 years is 44.61%, with a median of 40.16% recorded in 2024.
- The largest YoY upside for Gross Margin was 2928 bps in 2025 against a maximum downside of 2403 bps in 2025.
- Over 4 years, Gross Margin stood at 38.82% in 2023, then retreated by 4 bps to 37.16% in 2024, then jumped by 31 bps to 48.58% in 2025, then fell by 11 bps to 43.12% in 2026.
- Per Business Quant data, the three most recent Gross Margin figures were 43.12% in Q1 2026, 48.58% in Q4 2025, and 62.28% in Q3 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Trip.com | 26.65 Bn | 15.19 Bn | 1.86 Bn | 79.12% |
| 2 | Yatra Online | 6.38 Bn | 6.42 Bn | 12.97 Mn | 65.32% |
| 3 | Global Business Travel | 4.95 Bn | 4.48 Bn | 514.00 Mn | 59.08% |
| 4 | Ambitions Enterprise Management Co. L.L.C | 36.55 Mn | 33.39 Mn | - | - |
| 5 | JX Luxventure | 5.82 Mn | 5.11 Mn | - | - |
| 6 | Maitong Sunshine Cultural Development | 1.92 Mn | 1.91 Mn | - | - |
| 7 | Wetour Robotics | 560,999.99 | 377,549.02 | - | - |
| 8 | Tuniu | 5.03 | -154.31 Mn | 11.27 Mn | 55.03% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | 43.12% |
| Dec 31, 2025 | 48.58% |
| Sep 30, 2025 | 62.28% |
| Jun 30, 2025 | 41.26% |
| Mar 31, 2025 | 37.58% |
| Dec 31, 2024 | 37.16% |
| Sep 30, 2024 | 33.00% |
| Jun 30, 2024 | 65.29% |
| Mar 31, 2024 | 39.06% |
| Dec 31, 2023 | 38.82% |