Ningbo Qrunning Cable Co (BJSE:920682) Gross Margin %: 9.28% (As of Mar. 2026) — 27% Below Median

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BJSE:920682 Ningbo Qrunning Cable Co Ltd BJSE:920682
80 GF Score
Price ¥5.78
GF Value ¥6.67
Valuation Modestly Undervalued
! 8 Warning Signs
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What is Ningbo Qrunning Cable Co Gross Margin %?

Ningbo Qrunning Cable Co BJSE:920682 80 Gross Margin % is 9.28% as of Mar. 2026, which is 27% below its 10-year median of 12.73. GuruFocus rates BJSE:920682 with a GF Score™ of 80/100 and a GF Value™ of ¥6.67 (Modestly Undervalued). The stock has 8 warning signs investors should review. Among 2,999 Industrial Products companies, Ningbo Qrunning Cable Co ranks worse than 89.83% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Ningbo Qrunning Cable Co's Gross Profit for the three months ended in Mar. 2026 was ¥75 Mil. Ningbo Qrunning Cable Co's Revenue for the three months ended in Mar. 2026 was ¥813 Mil. Therefore, Ningbo Qrunning Cable Co's Gross Margin % for the quarter that ended in Mar. 2026 was 9.28%.

Warning Sign:

Ningbo Qrunning Cable Co Ltd gross margin has been in long-term decline. The average rate of decline per year is -3.1%.


The historical rank and industry rank for Ningbo Qrunning Cable Co's Gross Margin % or its related term are showing as below:

BJSE:920682' s Gross Margin % Range Over the Past 10 Years
Min: 10.03   Med: 12.73   Max: 16.08
Current: 10.03


During the past 13 years, the highest Gross Margin % of Ningbo Qrunning Cable Co was 16.08%. The lowest was 10.03%. And the median was 12.73%.

BJSE:920682's Gross Margin % is ranked worse than
89.83% of 2999 companies
in the Industrial Products industry
Industry Median: 26.78 vs BJSE:920682: 10.03

Ningbo Qrunning Cable Co had a gross margin of 9.28% for the quarter that ended in Mar. 2026 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Ningbo Qrunning Cable Co was -3.10% per year.


Ningbo Qrunning Cable Co  (BJSE:920682) 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

Ningbo Qrunning Cable Co had a gross margin of 9.28% 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.


Ningbo Qrunning Cable Co Gross Margin % Related Terms


Ningbo Qrunning Cable Co Gross Margin % Historical Data

* Premium members only.

The historical data trend for Ningbo Qrunning Cable 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.

Ningbo Qrunning Cable Co Gross Margin % Chart

Ningbo Qrunning Cable 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 11.11 12.62 12.76 10.86 10.30

Ningbo Qrunning Cable 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 10.68 11.56 9.07 10.08 9.28

BJSE:920682 vs VRT, BE: Gross Margin % Comparison

For the Electrical Equipment & Parts subindustry, Ningbo Qrunning Cable 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.


Ningbo Qrunning Cable Co Gross Margin % vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Ningbo Qrunning Cable Co's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Ningbo Qrunning Cable Co's Gross Margin % falls into.


BJSE:920682
80GF Score
Ningbo Qrunning Cable Co Ltd BJSE:920682
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Ningbo Qrunning Cable Co Gross Margin % Calculation

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

Ningbo Qrunning Cable 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 )
=392.6 / 3812.463
=(Revenue - Cost of Goods Sold) / Revenue
=(3812.463 - 3419.855) / 3812.463
=10.30 %

Ningbo Qrunning Cable 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 )
=75.5 / 813.31
=(Revenue - Cost of Goods Sold) / Revenue
=(813.31 - 737.841) / 813.31
=9.28 %

* 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 9.28% mean?
Ningbo Qrunning Cable Co (BJSE:920682) has a Gross Margin % of 9.28% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Ningbo Qrunning Cable Co and its competitors. This is 27% below median its historical median of 12.73. Over the past decade, Ningbo Qrunning Cable Co's Gross Margin % has ranged from 10.03 to 16.08. According to the industry distribution chart, Ningbo Qrunning Cable Co ranks #2694 out of 2999 companies in the Industrial Products industry, placing it in the top 89.8%.
Is Ningbo Qrunning Cable Co's Gross Margin % too high?
Ningbo Qrunning Cable Co's current Gross Margin % of 9.28% is 27% below median its 10-year median of 12.73. Over the past 10 years, this metric has ranged from a low of 10.03 to a high of 16.08. The Industrial Products industry median Gross Margin % is 26.78. Ningbo Qrunning Cable Co's value of 9.28% is 65.3% below this industry median. Based on the distribution chart, Ningbo Qrunning Cable Co ranks #2694 out of 2999 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Ningbo Qrunning Cable Co has a GF Score™ of 80/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ningbo Qrunning Cable Co's Gross Margin % compare to VRT and BE?
According to the Industrial Products industry distribution chart, Ningbo Qrunning Cable Co ranks #2694 out of 2999 companies for Gross Margin %. This places Ningbo Qrunning Cable Co in the lower half of its industry. The industry median Gross Margin % is 26.78. Ningbo Qrunning Cable Co's value of 9.28% is 65.3% below this benchmark. Historically, Ningbo Qrunning Cable Co's own Gross Margin % has ranged from 10.03 to 16.08 over the past decade. While the company's 10-year median is 12.73 vs. the industry median of 26.78, Ningbo Qrunning Cable 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 26.78, 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. Ningbo Qrunning Cable Co's current Gross Margin % of 9.28% is 65.3% 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 Ningbo Qrunning Cable Co and its competitors. For the Industrial Products industry, the median Gross Margin % is 26.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ningbo Qrunning Cable Co's current Gross Margin % is 9.28%, which is 27% below median its own 10-year median of 12.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ningbo Qrunning Cable Co stock overvalued right now?
Based on GuruFocus' analysis, Ningbo Qrunning Cable Co (BJSE:920682) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥6.67, compared to a current price of ¥5.78 — trading 13.3% below its estimated fair value. The current Gross Margin % is 9.28%, which is 27% below median its 10-year median of 12.73 and 65.3% below the Industrial Products industry median of 26.78. Ningbo Qrunning Cable Co's overall GF Score™ is 80/100 with 8 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 Ningbo Qrunning Cable Co (BJSE:920682), the current Gross Margin % is 9.28% 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 Ningbo Qrunning Cable Co (BJSE:920682) Overvalued in 2026?

Based on GuruFocus' analysis, Ningbo Qrunning Cable Co stock appears to be undervalued. The current stock price of ¥5.78 is trading 13.3% below its estimated GF Value™ of ¥6.67. GuruFocus considers Ningbo Qrunning Cable Co to be Modestly Undervalued.

Key valuation signals for BJSE:920682:

  • Gross Margin %: 9.28% (27% below median its 10-year median of 12.73)
  • GF Value™: ¥6.67 vs. price of ¥5.78 (13.3% below fair value)
  • GF Score™: 80/100 with 8 warning signs
  • Industry Position: 65.3% below the Industrial Products median (#2694 of 2999)

No single metric tells the full story. See the BJSE:920682 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ningbo Qrunning Cable Co Business Description

Address Chenshan East Road, Address: No. 99, Beilun District, Zhejiang Province, Ningbo, CHN, 315800
Ningbo Qrunning Cable Co Ltd is involved in the Research and development, production, and sales of wire and cable-related products.
80GF Score

Get the complete analysis for BJSE:920682

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

¥5.78
Price
¥6.67
GF Value