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Hebei Haiwei Electronic New Material Technology Co (HKSE:09609) 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
Hebei Haiwei Electronic New Material Technology Co had a gross margin of 31.13% for the quarter that ended in Dec. 2025 => Competition eroding margins
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.
Hebei Haiwei Electronic New Material Technology Co Gross Margin % Related Terms
Hebei Haiwei Electronic New Material Technology Co Gross Margin % Historical Data
* 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.
Hebei Haiwei Electronic New Material Technology Co Gross Margin % Chart
Hebei Haiwei Electronic New Material Technology Co Annual Data
Trend
Dec22
Dec23
Dec24
Dec25
Gross Margin %
44.90
31.22
29.66
31.13
Hebei Haiwei Electronic New Material Technology Co Semi-Annual Data
Dec22
Dec23
Dec24
Dec25
Gross Margin %
44.90
31.22
29.66
31.13
HKSE:09609 vs APH, GLW, TEL: Gross Margin % Comparison
* 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.
Hebei Haiwei Electronic New Material Technology Co Gross Margin % vs Hardware Industry
* 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.
Hebei Haiwei Electronic New Material Technology Co (HKSE:09609) has a Gross Margin % of 31.13% as of Dec. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on Hebei Haiwei Electronic New Material Technology Co and its competitors. This is near median its historical median of 31.18. Over the past decade, Hebei Haiwei Electronic New Material Technology Co's Gross Margin % has ranged from 29.66 to 44.90. According to the industry distribution chart, Hebei Haiwei Electronic New Material Technology Co ranks #933 out of 2454 companies in the Hardware industry, placing it in the top 38%.
Is Hebei Haiwei Electronic New Material Technology Co's Gross Margin % too high?
Hebei Haiwei Electronic New Material Technology Co's current Gross Margin % of 31.13% is near median its 10-year median of 31.18. Over the past 10 years, this metric has ranged from a low of 29.66 to a high of 44.90. The Hardware industry median Gross Margin % is 24.52. Hebei Haiwei Electronic New Material Technology Co's value of 31.13% is 27% above this industry median. Based on the distribution chart, Hebei Haiwei Electronic New Material Technology Co ranks #933 out of 2454 companies in the Hardware industry, which is above the industry midpoint. Overall, Hebei Haiwei Electronic New Material Technology Co has a GF Score™ of 21/100, reflecting its overall financial health beyond just this single metric.
How does Hebei Haiwei Electronic New Material Technology Co's Gross Margin % compare to APH and GLW?
According to the Hardware industry distribution chart, Hebei Haiwei Electronic New Material Technology Co ranks #933 out of 2454 companies for Gross Margin %. This puts Hebei Haiwei Electronic New Material Technology Co in the upper half of its industry. The industry median Gross Margin % is 24.52. Hebei Haiwei Electronic New Material Technology Co's value of 31.13% is 27% above this benchmark. Historically, Hebei Haiwei Electronic New Material Technology Co's own Gross Margin % has ranged from 29.66 to 44.90 over the past decade. While the company's 10-year median is 31.18 vs. the industry median of 24.52, Hebei Haiwei Electronic New Material Technology 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 24.52, 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. Hebei Haiwei Electronic New Material Technology Co's current Gross Margin % of 31.13% is 27% 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 Hebei Haiwei Electronic New Material Technology Co and its competitors. For the Hardware industry, the median Gross Margin % is 24.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hebei Haiwei Electronic New Material Technology Co's current Gross Margin % is 31.13%, which is near median its own 10-year median of 31.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hebei Haiwei Electronic New Material Technology Co stock overvalued right now?
Hebei Haiwei Electronic New Material Technology Co (HKSE:09609) has a current Gross Margin % of 31.13%. The current Gross Margin % is 31.13%, which is near median its 10-year median of 31.18 and 27% above the Hardware industry median of 24.52. Hebei Haiwei Electronic New Material Technology Co's overall GF Score™ is 21/100 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 Hebei Haiwei Electronic New Material Technology Co (HKSE:09609), the current Gross Margin % is 31.13% 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.
Hebei Haiwei Electronic New Material Technology Co Ltd is a capacitor film manufacturer in China. Its capacitor film products include capacitor base films and metallized films. These products are key components of film capacitors, a type of capacitor known for its outstanding voltage resistance, high-frequency stability, and long lifespan. Film capacitors have a wide range of end-use application scenarios, including new energy vehicles, new energy power systems, industrial equipment, and household appliances. The company's customers include film capacitor manufacturers and BYD, a Chinese new energy vehicle company.
21GF Score
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