BTR New Material Group Co (BJSE:920185) Gross Margin %: 19.95% (As of Mar. 2026) — 23% Below Median

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BJSE:920185 BTR New Material Group Co Ltd BJSE:920185
91 GF Score
Price ¥20.60
GF Value ¥24.17
Valuation Modestly Undervalued
! 7 Warning Signs
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What is BTR New Material Group Co Gross Margin %?

BTR New Material Group Co BJSE:920185 91 Gross Margin % is 19.95% as of Mar. 2026, which is 23% below its 10-year median of 25.97. GuruFocus rates BJSE:920185 with a GF Score™ of 91/100 and a GF Value™ of ¥24.17 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 2,999 Industrial Products companies, BTR New Material Group Co ranks worse than 68.26% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. BTR New Material Group Co's Gross Profit for the three months ended in Mar. 2026 was ¥860 Mil. BTR New Material Group Co's Revenue for the three months ended in Mar. 2026 was ¥4,310 Mil. Therefore, BTR New Material Group Co's Gross Margin % for the quarter that ended in Mar. 2026 was 19.95%.

Warning Sign:

BTR New Material Group Co Ltd gross margin has been in long-term decline. The average rate of decline per year is -4.1%.


The historical rank and industry rank for BTR New Material Group Co's Gross Margin % or its related term are showing as below:

BJSE:920185' s Gross Margin % Range Over the Past 10 Years
Min: 15.83   Med: 25.97   Max: 30.12
Current: 20.14


During the past 13 years, the highest Gross Margin % of BTR New Material Group Co was 30.12%. The lowest was 15.83%. And the median was 25.97%.

BJSE:920185's Gross Margin % is ranked worse than
68.26% of 2999 companies
in the Industrial Products industry
Industry Median: 26.86 vs BJSE:920185: 20.14

BTR New Material Group Co had a gross margin of 19.95% for the quarter that ended in Mar. 2026 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for BTR New Material Group Co was -4.10% per year.


BTR New Material Group Co  (BJSE:920185) 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

BTR New Material Group Co had a gross margin of 19.95% for the quarter that ended in Mar. 2026 => 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.


BTR New Material Group Co Gross Margin % Related Terms


BTR New Material Group Co Gross Margin % Historical Data

* Premium members only.

The historical data trend for BTR New Material Group 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.

BTR New Material Group Co Gross Margin % Chart

BTR New Material Group Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 25.02 15.83 17.66 23.02 20.72

BTR New Material Group Co 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 22.78 22.46 20.17 18.05 19.95

BJSE:920185 vs VRT, BE: Gross Margin % Comparison

For the Electrical Equipment & Parts subindustry, BTR New Material Group 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.


BTR New Material Group Co Gross Margin % vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, BTR New Material Group Co's Gross Margin % distribution charts can be found below:

* The bar in red indicates where BTR New Material Group Co's Gross Margin % falls into.


BJSE:920185
91GF Score
BTR New Material Group Co Ltd BJSE:920185
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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BTR New Material Group Co Gross Margin % Calculation

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

BTR New Material Group Co'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 )
=3518.3 / 16982.825
=(Revenue - Cost of Goods Sold) / Revenue
=(16982.825 - 13464.508) / 16982.825
=20.72 %

BTR New Material Group Co'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 )
=860.1 / 4310.431
=(Revenue - Cost of Goods Sold) / Revenue
=(4310.431 - 3450.349) / 4310.431
=19.95 %

* 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 19.95% mean?
BTR New Material Group Co (BJSE:920185) has a Gross Margin % of 19.95% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on BTR New Material Group Co and its competitors. This is 23% below median its historical median of 25.97. Over the past decade, BTR New Material Group Co's Gross Margin % has ranged from 15.83 to 30.12. According to the industry distribution chart, BTR New Material Group Co ranks #2047 out of 2999 companies in the Industrial Products industry, placing it in the top 68.3%.
Is BTR New Material Group Co's Gross Margin % too high?
BTR New Material Group Co's current Gross Margin % of 19.95% is 23% below median its 10-year median of 25.97. Over the past 10 years, this metric has ranged from a low of 15.83 to a high of 30.12. The Industrial Products industry median Gross Margin % is 26.86. BTR New Material Group Co's value of 19.95% is 25.7% below this industry median. Based on the distribution chart, BTR New Material Group Co ranks #2047 out of 2999 companies in the Industrial Products industry, which is below the industry midpoint. Overall, BTR New Material Group Co has a GF Score™ of 91/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does BTR New Material Group Co's Gross Margin % compare to VRT and BE?
According to the Industrial Products industry distribution chart, BTR New Material Group Co ranks #2047 out of 2999 companies for Gross Margin %. This places BTR New Material Group Co in the lower half of its industry. The industry median Gross Margin % is 26.86. BTR New Material Group Co's value of 19.95% is 25.7% below this benchmark. Historically, BTR New Material Group Co's own Gross Margin % has ranged from 15.83 to 30.12 over the past decade. While the company's 10-year median is 25.97 vs. the industry median of 26.86, BTR New Material Group 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 an Industrial Products company?
The median Gross Margin % among Industrial Products companies is 26.86, based on 2,999 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. BTR New Material Group Co's current Gross Margin % of 19.95% is 25.7% 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 BTR New Material Group Co and its competitors. For the Industrial Products industry, the median Gross Margin % is 26.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. BTR New Material Group Co's current Gross Margin % is 19.95%, which is 23% below median its own 10-year median of 25.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BTR New Material Group Co stock overvalued right now?
Based on GuruFocus' analysis, BTR New Material Group Co (BJSE:920185) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥24.17, compared to a current price of ¥20.60 — trading 14.8% below its estimated fair value. The current Gross Margin % is 19.95%, which is 23% below median its 10-year median of 25.97 and 25.7% below the Industrial Products industry median of 26.86. BTR New Material Group Co's overall GF Score™ is 91/100 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 BTR New Material Group Co (BJSE:920185), the current Gross Margin % is 19.95% 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 BTR New Material Group Co (BJSE:920185) Overvalued in 2026?

Based on GuruFocus' analysis, BTR New Material Group Co stock appears to be undervalued. The current stock price of ¥20.60 is trading 14.8% below its estimated GF Value™ of ¥24.17. GuruFocus considers BTR New Material Group Co to be Modestly Undervalued.

Key valuation signals for BJSE:920185:

  • Gross Margin %: 19.95% (23% below median its 10-year median of 25.97)
  • GF Value™: ¥24.17 vs. price of ¥20.60 (14.8% below fair value)
  • GF Score™: 91/100 with 7 warning signs
  • Industry Position: 25.7% below the Industrial Products median (#2047 of 2999)

No single metric tells the full story. See the BJSE:920185 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


BTR New Material Group Co Business Description

Address No. 8, Guangyuan 4th Road, Fenghuang Street, Dongkeng Community, Fenghuang Subdistrict, Guangming District, Shenzhen, CHN, 518107
BTR New Material Group Co Ltd is engaged in Research, development, production and sales of materials for lithium-ion batteries.
91GF Score

Get the complete analysis for BJSE:920185

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

¥20.60
Price
¥24.17
GF Value