ZYfire Hose (BJSE:920694) Gross Margin %: 51.03% (As of Mar. 2026) — 17% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BJSE:920694 ZYfire Hose Corp BJSE:920694
87 GF Score
Price ¥14.17
GF Value ¥13.63
Valuation Fairly Valued
! 3 Warning Signs
View Full Analysis

What is ZYfire Hose Gross Margin %?

ZYfire Hose BJSE:920694 87 Gross Margin % is 51.03% as of Mar. 2026, which is 17% above its 10-year median of 43.52. GuruFocus rates BJSE:920694 with a GF Score™ of 87/100 and a GF Value™ of ¥13.63 (Fairly Valued). The stock has 3 warning signs investors should review. Among 1,562 Chemicals companies, ZYfire Hose ranks better than 90.14% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. ZYfire Hose's Gross Profit for the three months ended in Mar. 2026 was ¥91.3 Mil. ZYfire Hose's Revenue for the three months ended in Mar. 2026 was ¥178.9 Mil. Therefore, ZYfire Hose's Gross Margin % for the quarter that ended in Mar. 2026 was 51.03%.


The historical rank and industry rank for ZYfire Hose's Gross Margin % or its related term are showing as below:

BJSE:920694' s Gross Margin % Range Over the Past 10 Years
Min: 36.12   Med: 43.52   Max: 48.85
Current: 48.6


During the past 11 years, the highest Gross Margin % of ZYfire Hose was 48.85%. The lowest was 36.12%. And the median was 43.52%.

BJSE:920694's Gross Margin % is ranked better than
90.14% of 1562 companies
in the Chemicals industry
Industry Median: 23.61 vs BJSE:920694: 48.60

ZYfire Hose had a gross margin of 51.03% for the quarter that ended in Mar. 2026 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for ZYfire Hose was 3.10% per year.


ZYfire Hose  (BJSE:920694) 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

ZYfire Hose had a gross margin of 51.03% for the quarter that ended in Mar. 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.


ZYfire Hose Gross Margin % Related Terms


ZYfire Hose Gross Margin % Historical Data

* Premium members only.

The historical data trend for ZYfire Hose'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.

ZYfire Hose Gross Margin % Chart

ZYfire Hose 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 41.42 43.09 46.47 48.85 48.53

ZYfire Hose 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 50.72 54.27 41.15 49.00 51.03

BJSE:920694 vs LIN, SHW, ECL: Gross Margin % Comparison

For the Specialty Chemicals subindustry, ZYfire Hose'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.


ZYfire Hose Gross Margin % vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, ZYfire Hose's Gross Margin % distribution charts can be found below:

* The bar in red indicates where ZYfire Hose's Gross Margin % falls into.


BJSE:920694
87GF Score
ZYfire Hose Corp BJSE:920694
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

ZYfire Hose Gross Margin % Calculation

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

ZYfire Hose'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 )
=344.4 / 709.626
=(Revenue - Cost of Goods Sold) / Revenue
=(709.626 - 365.226) / 709.626
=48.53 %

ZYfire Hose'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 )
=91.3 / 178.902
=(Revenue - Cost of Goods Sold) / Revenue
=(178.902 - 87.602) / 178.902
=51.03 %

* 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 51.03% mean?
ZYfire Hose (BJSE:920694) has a Gross Margin % of 51.03% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on ZYfire Hose and its competitors. This is 17% above median its historical median of 43.52. Over the past decade, ZYfire Hose's Gross Margin % has ranged from 36.12 to 48.85. According to the industry distribution chart, ZYfire Hose ranks #154 out of 1562 companies in the Chemicals industry, placing it in the top 9.9%.
Is ZYfire Hose's Gross Margin % too high?
ZYfire Hose's current Gross Margin % of 51.03% is 17% above median its 10-year median of 43.52. Over the past 10 years, this metric has ranged from a low of 36.12 to a high of 48.85. The Chemicals industry median Gross Margin % is 23.61. ZYfire Hose's value of 51.03% is 116.1% above this industry median. Based on the distribution chart, ZYfire Hose ranks #154 out of 1562 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, ZYfire Hose has a GF Score™ of 87/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does ZYfire Hose's Gross Margin % compare to LIN and SHW?
According to the Chemicals industry distribution chart, ZYfire Hose ranks #154 out of 1562 companies for Gross Margin %. This places ZYfire Hose in the top 10% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 23.61. ZYfire Hose's value of 51.03% is 116.1% above this benchmark. Historically, ZYfire Hose's own Gross Margin % has ranged from 36.12 to 48.85 over the past decade. While the company's 10-year median is 43.52 vs. the industry median of 23.61, ZYfire Hose 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 Chemicals company?
The median Gross Margin % among Chemicals companies is 23.61, based on 1,562 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. ZYfire Hose's current Gross Margin % of 51.03% is 116.1% 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 ZYfire Hose and its competitors. For the Chemicals industry, the median Gross Margin % is 23.61 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ZYfire Hose's current Gross Margin % is 51.03%, which is 17% above median its own 10-year median of 43.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ZYfire Hose stock overvalued right now?
Based on GuruFocus' analysis, ZYfire Hose (BJSE:920694) is currently considered Fairly Valued. The stock's GF Value™ is ¥13.63, compared to a current price of ¥14.17 — trading 4% above its estimated fair value. The current Gross Margin % is 51.03%, which is 17% above median its 10-year median of 43.52 and 116.1% above the Chemicals industry median of 23.61. ZYfire Hose's overall GF Score™ is 87/100 with 3 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 ZYfire Hose (BJSE:920694), the current Gross Margin % is 51.03% 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 ZYfire Hose (BJSE:920694) Overvalued in 2026?

Based on GuruFocus' analysis, ZYfire Hose stock appears to be overvalued. The current stock price of ¥14.17 is trading 4% above its estimated GF Value™ of ¥13.63. GuruFocus considers ZYfire Hose to be Fairly Valued.

Key valuation signals for BJSE:920694:

  • Gross Margin %: 51.03% (17% above median its 10-year median of 43.52)
  • GF Value™: ¥13.63 vs. price of ¥14.17 (4% above fair value)
  • GF Score™: 87/100 with 3 warning signs
  • Industry Position: 116.1% above the Chemicals median (#154 of 1562)

No single metric tells the full story. See the BJSE:920694 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


ZYfire Hose Business Description

Address No. 88, Kaiyang Road, Jiangyan Economic Development Zone, Jiangsu Province, Taizhou, CHN, 225500
ZYfire Hose Corp is engaged in the production and sales of polymer material hoses for fluid transmission. Its products mainly include four categories: high-pressure, high-flow-rate hoses, ordinary lightweight hoses, steel-lined modified polyurethane wear-resistant pipes, and flexible reinforced thermoplastic composite pipes.
87GF Score

Get the complete analysis for BJSE:920694

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

¥14.17
Price
¥13.63
GF Value