Changzhou Tonghui Electronic Co (BJSE:920509) Gross Margin %: 57.20% (As of Jun. 2026) — Near Median

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BJSE:920509 Changzhou Tonghui Electronic Co Ltd BJSE:920509
97 GF Score
Price ¥20.15
GF Value ¥24.52
Valuation Modestly Undervalued
! 1 Warning Sign
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What is Changzhou Tonghui Electronic Co Gross Margin %?

Changzhou Tonghui Electronic Co BJSE:920509 97 Gross Margin % is 57.20% as of Jun. 2026, which is 2% below its 10-year median of 58.45. GuruFocus rates BJSE:920509 with a GF Score™ of 97/100 and a GF Value™ of ¥24.52 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 2,454 Hardware companies, Changzhou Tonghui Electronic Co ranks better than 93.19% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Changzhou Tonghui Electronic Co's Gross Profit for the three months ended in Jun. 2026 was ¥39.8 Mil. Changzhou Tonghui Electronic Co's Revenue for the three months ended in Jun. 2026 was ¥69.6 Mil. Therefore, Changzhou Tonghui Electronic Co's Gross Margin % for the quarter that ended in Jun. 2026 was 57.20%.


The historical rank and industry rank for Changzhou Tonghui Electronic Co's Gross Margin % or its related term are showing as below:

BJSE:920509' s Gross Margin % Range Over the Past 10 Years
Min: 54.62   Med: 58.45   Max: 61.53
Current: 59.49


During the past 13 years, the highest Gross Margin % of Changzhou Tonghui Electronic Co was 61.53%. The lowest was 54.62%. And the median was 58.45%.

BJSE:920509's Gross Margin % is ranked better than
93.19% of 2454 companies
in the Hardware industry
Industry Median: 24.765 vs BJSE:920509: 59.49

Changzhou Tonghui Electronic Co had a gross margin of 57.20% for the quarter that ended in Jun. 2026 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Changzhou Tonghui Electronic Co was 0.80% per year.


Changzhou Tonghui Electronic Co  (BJSE:920509) 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

Changzhou Tonghui Electronic Co had a gross margin of 57.20% for the quarter that ended in Jun. 2026 => Durable 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.


Changzhou Tonghui Electronic Co Gross Margin % Related Terms


Changzhou Tonghui Electronic Co Gross Margin % Historical Data

* Premium members only.

The historical data trend for Changzhou Tonghui Electronic 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.

Changzhou Tonghui Electronic Co Gross Margin % Chart

Changzhou Tonghui Electronic 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 54.62 55.98 57.09 56.01 59.51

Changzhou Tonghui Electronic Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 58.25 62.25 60.07 58.88 57.20

BJSE:920509 vs COHR, KEYS, GRMN: Gross Margin % Comparison

For the Scientific & Technical Instruments subindustry, Changzhou Tonghui Electronic 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.


Changzhou Tonghui Electronic Co Gross Margin % vs Hardware Industry

For the Hardware industry and Technology sector, Changzhou Tonghui Electronic Co's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Changzhou Tonghui Electronic Co's Gross Margin % falls into.


BJSE:920509
97GF Score
Changzhou Tonghui Electronic Co Ltd BJSE:920509
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Changzhou Tonghui Electronic Co Gross Margin % Calculation

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

Changzhou Tonghui Electronic 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 )
=138 / 231.899
=(Revenue - Cost of Goods Sold) / Revenue
=(231.899 - 93.89) / 231.899
=59.51 %

Changzhou Tonghui Electronic Co's Gross Margin for the quarter that ended in Jun. 2026 is calculated as


Gross Margin % (Q: Jun. 2026 )=Gross Profit (Q: Jun. 2026 ) / Revenue (Q: Jun. 2026 )
=39.8 / 69.609
=(Revenue - Cost of Goods Sold) / Revenue
=(69.609 - 29.794) / 69.609
=57.20 %

* 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 57.20% mean?
Changzhou Tonghui Electronic Co (BJSE:920509) has a Gross Margin % of 57.20% as of Jun. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Changzhou Tonghui Electronic Co and its competitors. This is near median its historical median of 58.45. Over the past decade, Changzhou Tonghui Electronic Co's Gross Margin % has ranged from 54.62 to 61.53. According to the industry distribution chart, Changzhou Tonghui Electronic Co ranks #167 out of 2454 companies in the Hardware industry, placing it in the top 6.8%.
Is Changzhou Tonghui Electronic Co's Gross Margin % too high?
Changzhou Tonghui Electronic Co's current Gross Margin % of 57.20% is near median its 10-year median of 58.45. Over the past 10 years, this metric has ranged from a low of 54.62 to a high of 61.53. The Hardware industry median Gross Margin % is 24.77. Changzhou Tonghui Electronic Co's value of 57.20% is 131% above this industry median. Based on the distribution chart, Changzhou Tonghui Electronic Co ranks #167 out of 2454 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Changzhou Tonghui Electronic Co has a GF Score™ of 97/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Changzhou Tonghui Electronic Co's Gross Margin % compare to COHR and KEYS?
According to the Hardware industry distribution chart, Changzhou Tonghui Electronic Co ranks #167 out of 2454 companies for Gross Margin %. This places Changzhou Tonghui Electronic Co in the top 7% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 24.77. Changzhou Tonghui Electronic Co's value of 57.20% is 131% above this benchmark. Historically, Changzhou Tonghui Electronic Co's own Gross Margin % has ranged from 54.62 to 61.53 over the past decade. While the company's 10-year median is 58.45 vs. the industry median of 24.77, Changzhou Tonghui Electronic Co has consistently been above 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 Hardware company?
The median Gross Margin % among Hardware companies is 24.77, based on 2,454 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. Changzhou Tonghui Electronic Co's current Gross Margin % of 57.20% is 131% above 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 Changzhou Tonghui Electronic Co and its competitors. For the Hardware industry, the median Gross Margin % is 24.77 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Changzhou Tonghui Electronic Co's current Gross Margin % is 57.20%, which is near median its own 10-year median of 58.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Changzhou Tonghui Electronic Co stock overvalued right now?
Based on GuruFocus' analysis, Changzhou Tonghui Electronic Co (BJSE:920509) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥24.52, compared to a current price of ¥20.15 — trading 17.8% below its estimated fair value. The current Gross Margin % is 57.20%, which is near median its 10-year median of 58.45 and 131% above the Hardware industry median of 24.77. Changzhou Tonghui Electronic Co's overall GF Score™ is 97/100 with 1 warning sign 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 Changzhou Tonghui Electronic Co (BJSE:920509), the current Gross Margin % is 57.20% as of Jun. 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 Changzhou Tonghui Electronic Co (BJSE:920509) Overvalued in 2026?

Based on GuruFocus' analysis, Changzhou Tonghui Electronic Co stock appears to be undervalued. The current stock price of ¥20.15 is trading 17.8% below its estimated GF Value™ of ¥24.52. GuruFocus considers Changzhou Tonghui Electronic Co to be Modestly Undervalued.

Key valuation signals for BJSE:920509:

  • Gross Margin %: 57.20% (near median its 10-year median of 58.45)
  • GF Value™: ¥24.52 vs. price of ¥20.15 (17.8% below fair value)
  • GF Score™: 97/100 with 1 warning sign
  • Industry Position: 131% above the Hardware median (#167 of 2454)

No single metric tells the full story. See the BJSE:920509 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Changzhou Tonghui Electronic Co Business Description

Address No. 1, Xinzhu Road,, Xinbei District, Jiangsu Province, Changzhou, CHN, 213022
Changzhou Tonghui Electronic Co Ltd operates as a manufacturer of electronic test and measurement instruments. Its product categories include Component Parameter Tester, Micro Signal Type Tester, Power Electronic Tester, Electrical Safety Tester, Cable Tester, and Accessories.
97GF Score

Get the complete analysis for BJSE:920509

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

¥20.15
Price
¥24.52
GF Value