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Minmetals Development CoSHSE:600058 -2.93%55 Gross Margin % is 3.27% as of Mar. 2026, which is 3% below its 10-year median of 3.38. GuruFocus rates SHSE:600058 with a GF Score™ of 55/100 and a GF Value™ of ¥5.45 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 593 Steel companies, Minmetals Development Co ranks worse than 87.86% on this metric.
Minmetals Development Co (SHSE:600058) 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
Minmetals Development Co had a gross margin of 3.27% 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.
Minmetals Development Co Gross Margin % Related Terms
Minmetals Development 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.
SHSE:600058 vs NUE, STLD, RS: Gross Margin % Comparison
For the Steel subindustry, Minmetals Development 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.
Minmetals Development Co Gross Margin % vs Steel Industry
For the Steel industry and Basic Materials sector, Minmetals Development Co's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Minmetals Development Co'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.
Minmetals Development Co (SHSE:600058) has a Gross Margin % of 3.27% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Minmetals Development Co and its competitors. This is near median its historical median of 3.38. Over the past decade, Minmetals Development Co's Gross Margin % has ranged from 2.66 to 5.49. According to the industry distribution chart, Minmetals Development Co ranks #521 out of 593 companies in the Steel industry, placing it in the top 87.9%.
Is Minmetals Development Co's Gross Margin % too high?
Minmetals Development Co's current Gross Margin % of 3.27% is near median its 10-year median of 3.38. Over the past 10 years, this metric has ranged from a low of 2.66 to a high of 5.49. The Steel industry median Gross Margin % is 12.60. Minmetals Development Co's value of 3.27% is 74% below this industry median. Based on the distribution chart, Minmetals Development Co ranks #521 out of 593 companies in the Steel industry, which is in the bottom quartile relative to peers. Overall, Minmetals Development Co has a GF Score™ of 55/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Minmetals Development Co's Gross Margin % compare to NUE and STLD?
According to the Steel industry distribution chart, Minmetals Development Co ranks #521 out of 593 companies for Gross Margin %. This places Minmetals Development Co in the lower half of its industry. The industry median Gross Margin % is 12.60. Minmetals Development Co's value of 3.27% is 74% below this benchmark. Historically, Minmetals Development Co's own Gross Margin % has ranged from 2.66 to 5.49 over the past decade. While the company's 10-year median is 3.38 vs. the industry median of 12.60, Minmetals Development 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 a Steel company?
The median Gross Margin % among Steel companies is 12.60, based on 593 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. Minmetals Development Co's current Gross Margin % of 3.27% is 74% 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 Minmetals Development Co and its competitors. For the Steel industry, the median Gross Margin % is 12.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Minmetals Development Co's current Gross Margin % is 3.27%, which is near median its own 10-year median of 3.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Minmetals Development Co stock overvalued right now?
Based on GuruFocus' analysis, Minmetals Development Co (SHSE:600058) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥5.45, compared to a current price of ¥8.62 — trading 58.2% above its estimated fair value. The current Gross Margin % is 3.27%, which is near median its 10-year median of 3.38 and 74% below the Steel industry median of 12.60. Minmetals Development Co's overall GF Score™ is 55/100 with 2 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 Minmetals Development Co (SHSE:600058), the current Gross Margin % is 3.27% 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 Minmetals Development Co (SHSE:600058) Overvalued in 2026?
Based on GuruFocus' analysis, Minmetals Development Co stock appears to be overvalued.
The current stock price of ¥8.62 is trading 58.2% above its estimated GF Value™ of ¥5.45.
GuruFocus considers Minmetals Development Co to be Significantly Overvalued.
Key valuation signals for SHSE:600058:
Gross Margin %: 3.27% (near median its 10-year median of 3.38)
GF Value™: ¥5.45 vs. price of ¥8.62 (58.2% above fair value)
Industry Position: 74% below the Steel median (#521 of 593)
No single metric tells the full story. See the SHSE:600058 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Minmetals Development Co Ltd is a steel distribution service provider. The activities of the company include the supply of metallurgical raw materials which includes iron ore, coal, coke, and pig iron, steel trading, processing and distribution, and logistics services.
55GF Score
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