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.
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.
Shanghai REFIRE GroupHKSE:02570 -2.90%3 Gross Margin % is 16.83% as of Dec. 2025, which is 43% above its 10-year median of 11.79. GuruFocus rates HKSE:02570 with a GF Score™ of 3/100. The stock has 8 warning signs investors should review. Among 2,997 Industrial Products companies, Shanghai REFIRE Group ranks worse than 87.25% on this metric.
HKSE:02570's Gross Margin % is ranked worse than 87.25% of 2997
companies
in the Industrial Products industry
Industry Median: 26.85
vs HKSE:02570: 11.59
Shanghai REFIRE Group had a gross margin of 16.83% for the quarter that ended in Dec. 2025 => No sustainable competitive advantage
The 5-Year average Growth Rate of Gross Margin for Shanghai REFIRE Group was 0.00% per year.
Shanghai REFIRE Group (HKSE:02570) 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
Shanghai REFIRE Group had a gross margin of 16.83% for the quarter that ended in Dec. 2025 => 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.
Shanghai REFIRE Group Gross Margin % Related Terms
Shanghai REFIRE Group Gross Margin % Historical Data
* Premium members only.
The historical data trend for Shanghai REFIRE Group'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.
HKSE:02570 vs GEV, ETN, PH: Gross Margin % Comparison
For the Specialty Industrial Machinery subindustry, Shanghai REFIRE Group'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.
Shanghai REFIRE Group Gross Margin % vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Shanghai REFIRE Group's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Shanghai REFIRE Group's Gross Margin % falls into.
* 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.
Shanghai REFIRE Group (HKSE:02570) has a Gross Margin % of 16.83% as of Dec. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on Shanghai REFIRE Group and its competitors. This is 43% above median its historical median of 11.79. Over the past decade, Shanghai REFIRE Group's Gross Margin % has ranged from 8.24 to 20.06. According to the industry distribution chart, Shanghai REFIRE Group ranks #2615 out of 2997 companies in the Industrial Products industry, placing it in the top 87.3%.
Is Shanghai REFIRE Group's Gross Margin % too high?
Shanghai REFIRE Group's current Gross Margin % of 16.83% is 43% above median its 10-year median of 11.79. Over the past 10 years, this metric has ranged from a low of 8.24 to a high of 20.06. The Industrial Products industry median Gross Margin % is 26.85. Shanghai REFIRE Group's value of 16.83% is 37.3% below this industry median. Based on the distribution chart, Shanghai REFIRE Group ranks #2615 out of 2997 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Shanghai REFIRE Group has a GF Score™ of 3/100, reflecting its overall financial health beyond just this single metric.
How does Shanghai REFIRE Group's Gross Margin % compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Shanghai REFIRE Group ranks #2615 out of 2997 companies for Gross Margin %. This places Shanghai REFIRE Group in the lower half of its industry. The industry median Gross Margin % is 26.85. Shanghai REFIRE Group's value of 16.83% is 37.3% below this benchmark. Historically, Shanghai REFIRE Group's own Gross Margin % has ranged from 8.24 to 20.06 over the past decade. While the company's 10-year median is 11.79 vs. the industry median of 26.85, Shanghai REFIRE Group 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 26.85, based on 2,997 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. Shanghai REFIRE Group's current Gross Margin % of 16.83% is 37.3% 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 Shanghai REFIRE Group and its competitors. For the Industrial Products industry, the median Gross Margin % is 26.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shanghai REFIRE Group's current Gross Margin % is 16.83%, which is 43% above median its own 10-year median of 11.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shanghai REFIRE Group stock overvalued right now?
Shanghai REFIRE Group (HKSE:02570) has a current Gross Margin % of 16.83%. The current Gross Margin % is 16.83%, which is 43% above median its 10-year median of 11.79 and 37.3% below the Industrial Products industry median of 26.85. Shanghai REFIRE Group's overall GF Score™ is 3/100 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 Shanghai REFIRE Group (HKSE:02570), the current Gross Margin % is 16.83% as of Dec. 2025. 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.
Shanghai REFIRE Group Ltd is a hydrogen technology company in China, It is focused on the design, development, manufacture, and sales of hydrogen fuel cell systems, hydrogen production systems, and related components, as well as providing fuel cell engineering and technical services catering to customers' needs, enabling it to provide one-stop solution for hydrogen production and end-use applications. Key revenue of the Group was derived from operations in Mainland China, and also has its presence in Other Countries.
3GF Score
Get the complete analysis for HKSE:02570
Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
HKSE:02570 has been successfully added to your 
