Sichuan Mingxing Electric Power Co (SHSE:600101) Gross Margin %: 11.61% (As of Mar. 2026) — Near Median


SHSE:600101 Sichuan Mingxing Electric Power Co Ltd SHSE:600101
85 GF Score
Price ¥8.23
GF Value ¥9.78
Valuation Modestly Undervalued
! 2 Warning Signs
View Full Analysis

What is Sichuan Mingxing Electric Power Co Gross Margin %?

Sichuan Mingxing Electric Power Co SHSE:600101 +1.11% 85 Gross Margin % is 11.61% as of Mar. 2026, which is 1% above its 10-year median of 11.49. GuruFocus rates SHSE:600101 with a GF Score™ of 85/100 and a GF Value™ of ¥9.78 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 489 Utilities - Regulated companies, Sichuan Mingxing Electric Power Co ranks worse than 88.75% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Sichuan Mingxing Electric Power Co's Gross Profit for the three months ended in Mar. 2026 was ¥97 Mil. Sichuan Mingxing Electric Power Co's Revenue for the three months ended in Mar. 2026 was ¥832 Mil. Therefore, Sichuan Mingxing Electric Power Co's Gross Margin % for the quarter that ended in Mar. 2026 was 11.61%.


The historical rank and industry rank for Sichuan Mingxing Electric Power Co's Gross Margin % or its related term are showing as below:

SHSE:600101' s Gross Margin % Range Over the Past 10 Years
Min: 8.88   Med: 11.49   Max: 15.69
Current: 10.5


During the past 13 years, the highest Gross Margin % of Sichuan Mingxing Electric Power Co was 15.69%. The lowest was 8.88%. And the median was 11.49%.

SHSE:600101's Gross Margin % is ranked worse than
88.75% of 489 companies
in the Utilities - Regulated industry
Industry Median: 31.04 vs SHSE:600101: 10.50

Sichuan Mingxing Electric Power Co had a gross margin of 11.61% for the quarter that ended in Mar. 2026 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Sichuan Mingxing Electric Power Co was 2.80% per year.


Sichuan Mingxing Electric Power Co  (SHSE:600101) 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

Sichuan Mingxing Electric Power Co had a gross margin of 11.61% 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.


Sichuan Mingxing Electric Power Co Gross Margin % Related Terms


Sichuan Mingxing Electric Power Co Gross Margin % Historical Data

* Premium members only.

The historical data trend for Sichuan Mingxing Electric Power 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.

Sichuan Mingxing Electric Power Co Gross Margin % Chart

Sichuan Mingxing Electric Power 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 11.38 11.60 11.06 11.17 10.99

Sichuan Mingxing Electric Power 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 13.59 4.97 15.80 8.95 11.61

SHSE:600101 vs SRE, AES: Gross Margin % Comparison

For the Utilities - Diversified subindustry, Sichuan Mingxing Electric Power 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.


Sichuan Mingxing Electric Power Co Gross Margin % vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Sichuan Mingxing Electric Power Co's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Sichuan Mingxing Electric Power Co's Gross Margin % falls into.


SHSE:600101
85GF Score
Sichuan Mingxing Electric Power Co Ltd SHSE:600101
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Sichuan Mingxing Electric Power Co Gross Margin % Calculation

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

Sichuan Mingxing Electric Power 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 )
=332 / 3021.2
=(Revenue - Cost of Goods Sold) / Revenue
=(3021.2 - 2689.201) / 3021.2
=10.99 %

Sichuan Mingxing Electric Power 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 )
=96.6 / 832.169
=(Revenue - Cost of Goods Sold) / Revenue
=(832.169 - 735.567) / 832.169
=11.61 %

* 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 11.61% mean?
Sichuan Mingxing Electric Power Co (SHSE:600101) has a Gross Margin % of 11.61% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Sichuan Mingxing Electric Power Co and its competitors. This is near median its historical median of 11.49. Over the past decade, Sichuan Mingxing Electric Power Co's Gross Margin % has ranged from 8.88 to 15.69. According to the industry distribution chart, Sichuan Mingxing Electric Power Co ranks #434 out of 489 companies in the Utilities - Regulated industry, placing it in the top 88.8%.
Is Sichuan Mingxing Electric Power Co's Gross Margin % too high?
Sichuan Mingxing Electric Power Co's current Gross Margin % of 11.61% is near median its 10-year median of 11.49. Over the past 10 years, this metric has ranged from a low of 8.88 to a high of 15.69. The Utilities - Regulated industry median Gross Margin % is 31.04. Sichuan Mingxing Electric Power Co's value of 11.61% is 62.6% below this industry median. Based on the distribution chart, Sichuan Mingxing Electric Power Co ranks #434 out of 489 companies in the Utilities - Regulated industry, which is in the bottom quartile relative to peers. Overall, Sichuan Mingxing Electric Power Co has a GF Score™ of 85/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Sichuan Mingxing Electric Power Co's Gross Margin % compare to SRE and AES?
According to the Utilities - Regulated industry distribution chart, Sichuan Mingxing Electric Power Co ranks #434 out of 489 companies for Gross Margin %. This places Sichuan Mingxing Electric Power Co in the lower half of its industry. The industry median Gross Margin % is 31.04. Sichuan Mingxing Electric Power Co's value of 11.61% is 62.6% below this benchmark. Historically, Sichuan Mingxing Electric Power Co's own Gross Margin % has ranged from 8.88 to 15.69 over the past decade. While the company's 10-year median is 11.49 vs. the industry median of 31.04, Sichuan Mingxing Electric Power 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 Utilities - Regulated company?
The median Gross Margin % among Utilities - Regulated companies is 31.04, based on 489 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. Sichuan Mingxing Electric Power Co's current Gross Margin % of 11.61% is 62.6% 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 Sichuan Mingxing Electric Power Co and its competitors. For the Utilities - Regulated industry, the median Gross Margin % is 31.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sichuan Mingxing Electric Power Co's current Gross Margin % is 11.61%, which is near median its own 10-year median of 11.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sichuan Mingxing Electric Power Co stock overvalued right now?
Based on GuruFocus' analysis, Sichuan Mingxing Electric Power Co (SHSE:600101) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥9.78, compared to a current price of ¥8.23 — trading 15.8% below its estimated fair value. The current Gross Margin % is 11.61%, which is near median its 10-year median of 11.49 and 62.6% below the Utilities - Regulated industry median of 31.04. Sichuan Mingxing Electric Power Co's overall GF Score™ is 85/100 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 Sichuan Mingxing Electric Power Co (SHSE:600101), the current Gross Margin % is 11.61% 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 Sichuan Mingxing Electric Power Co (SHSE:600101) Overvalued in 2026?

Based on GuruFocus' analysis, Sichuan Mingxing Electric Power Co stock appears to be undervalued. The current stock price of ¥8.23 is trading 15.8% below its estimated GF Value™ of ¥9.78. GuruFocus considers Sichuan Mingxing Electric Power Co to be Modestly Undervalued.

Key valuation signals for SHSE:600101:

  • Gross Margin %: 11.61% (near median its 10-year median of 11.49)
  • GF Value™: ¥9.78 vs. price of ¥8.23 (15.8% below fair value)
  • GF Score™: 85/100 with 2 warning signs
  • Industry Position: 62.6% below the Utilities - Regulated median (#434 of 489)

No single metric tells the full story. See the SHSE:600101 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Sichuan Mingxing Electric Power Co Business Description

Address No. 88 Mingyue Road, Mingxing Hotel, 11F, Suining, Sichuan, CHN, 629000
Sichuan Mingxing Electric Power Co Ltd is mainly engaged in the production of electricity, water, and natural gas in China. It is also involved in the development of mineral resources, real estate, and hotel services.
85GF Score

Get the complete analysis for SHSE:600101

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

¥8.23
Price
¥9.78
GF Value