Nuode New Materials Co (SHSE:600110) Gross Margin %: 11.71% (As of Mar. 2026) — 48% Below Median

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SHSE:600110 Nuode New Materials Co Ltd SHSE:600110
73 GF Score
Price ¥12.14
GF Value ¥10.82
Valuation Modestly Overvalued
! 8 Warning Signs
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What is Nuode New Materials Co Gross Margin %?

Nuode New Materials Co SHSE:600110 +5.20% 73 Gross Margin % is 11.71% as of Mar. 2026, which is 48% below its 10-year median of 22.59. GuruFocus rates SHSE:600110 with a GF Score™ of 73/100 and a GF Value™ of ¥10.82 (Modestly Overvalued). The stock has 8 warning signs investors should review. Among 2,998 Industrial Products companies, Nuode New Materials Co ranks worse than 89.23% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Nuode New Materials Co's Gross Profit for the three months ended in Mar. 2026 was ¥298 Mil. Nuode New Materials Co's Revenue for the three months ended in Mar. 2026 was ¥2,543 Mil. Therefore, Nuode New Materials Co's Gross Margin % for the quarter that ended in Mar. 2026 was 11.71%.

Warning Sign:

Nuode New Materials Co Ltd gross margin has been in long-term decline. The average rate of decline per year is -21.5%.


The historical rank and industry rank for Nuode New Materials Co's Gross Margin % or its related term are showing as below:

SHSE:600110' s Gross Margin % Range Over the Past 10 Years
Min: 6.31   Med: 22.59   Max: 29.05
Current: 10.3


During the past 13 years, the highest Gross Margin % of Nuode New Materials Co was 29.05%. The lowest was 6.31%. And the median was 22.59%.

SHSE:600110's Gross Margin % is ranked worse than
89.23% of 2998 companies
in the Industrial Products industry
Industry Median: 26.84 vs SHSE:600110: 10.30

Nuode New Materials Co had a gross margin of 11.71% for the quarter that ended in Mar. 2026 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Nuode New Materials Co was -21.50% per year.


Nuode New Materials Co  (SHSE:600110) 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

Nuode New Materials Co had a gross margin of 11.71% 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.


Nuode New Materials Co Gross Margin % Related Terms


Nuode New Materials Co Gross Margin % Historical Data

* Premium members only.

The historical data trend for Nuode New Materials 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.

Nuode New Materials Co Gross Margin % Chart

Nuode New Materials 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 24.73 20.33 10.40 6.31 9.74

Nuode New Materials 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 9.93 9.35 10.86 9.08 11.71

SHSE:600110 vs VRT, BE: Gross Margin % Comparison

For the Electrical Equipment & Parts subindustry, Nuode New Materials 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.


Nuode New Materials Co Gross Margin % vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Nuode New Materials Co's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Nuode New Materials Co's Gross Margin % falls into.


SHSE:600110
73GF Score
Nuode New Materials Co Ltd SHSE:600110
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Nuode New Materials Co Gross Margin % Calculation

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

Nuode New Materials 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 )
=713.4 / 7328.098
=(Revenue - Cost of Goods Sold) / Revenue
=(7328.098 - 6614.677) / 7328.098
=9.74 %

Nuode New Materials 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 )
=297.9 / 2542.799
=(Revenue - Cost of Goods Sold) / Revenue
=(2542.799 - 2244.911) / 2542.799
=11.71 %

* 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 11.71% mean?
Nuode New Materials Co (SHSE:600110) has a Gross Margin % of 11.71% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Nuode New Materials Co and its competitors. This is 48% below median its historical median of 22.59. Over the past decade, Nuode New Materials Co's Gross Margin % has ranged from 6.31 to 29.05. According to the industry distribution chart, Nuode New Materials Co ranks #2675 out of 2998 companies in the Industrial Products industry, placing it in the top 89.2%.
Is Nuode New Materials Co's Gross Margin % too high?
Nuode New Materials Co's current Gross Margin % of 11.71% is 48% below median its 10-year median of 22.59. Over the past 10 years, this metric has ranged from a low of 6.31 to a high of 29.05. The Industrial Products industry median Gross Margin % is 26.84. Nuode New Materials Co's value of 11.71% is 56.4% below this industry median. Based on the distribution chart, Nuode New Materials Co ranks #2675 out of 2998 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Nuode New Materials Co has a GF Score™ of 73/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nuode New Materials Co's Gross Margin % compare to VRT and BE?
According to the Industrial Products industry distribution chart, Nuode New Materials Co ranks #2675 out of 2998 companies for Gross Margin %. This places Nuode New Materials Co in the lower half of its industry. The industry median Gross Margin % is 26.84. Nuode New Materials Co's value of 11.71% is 56.4% below this benchmark. Historically, Nuode New Materials Co's own Gross Margin % has ranged from 6.31 to 29.05 over the past decade. While the company's 10-year median is 22.59 vs. the industry median of 26.84, Nuode New Materials 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 Industrial Products company?
The median Gross Margin % among Industrial Products companies is 26.84, based on 2,998 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. Nuode New Materials Co's current Gross Margin % of 11.71% is 56.4% 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 Nuode New Materials Co and its competitors. For the Industrial Products industry, the median Gross Margin % is 26.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nuode New Materials Co's current Gross Margin % is 11.71%, which is 48% below median its own 10-year median of 22.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nuode New Materials Co stock overvalued right now?
Based on GuruFocus' analysis, Nuode New Materials Co (SHSE:600110) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥10.82, compared to a current price of ¥12.14 — trading 12.2% above its estimated fair value. The current Gross Margin % is 11.71%, which is 48% below median its 10-year median of 22.59 and 56.4% below the Industrial Products industry median of 26.84. Nuode New Materials Co's overall GF Score™ is 73/100 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 Nuode New Materials Co (SHSE:600110), the current Gross Margin % is 11.71% 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 Nuode New Materials Co (SHSE:600110) Overvalued in 2026?

Based on GuruFocus' analysis, Nuode New Materials Co stock appears to be overvalued. The current stock price of ¥12.14 is trading 12.2% above its estimated GF Value™ of ¥10.82. GuruFocus considers Nuode New Materials Co to be Modestly Overvalued.

Key valuation signals for SHSE:600110:

  • Gross Margin %: 11.71% (48% below median its 10-year median of 22.59)
  • GF Value™: ¥10.82 vs. price of ¥12.14 (12.2% above fair value)
  • GF Score™: 73/100 with 8 warning signs
  • Industry Position: 56.4% below the Industrial Products median (#2675 of 2998)

No single metric tells the full story. See the SHSE:600110 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nuode New Materials Co Business Description

Address No. 8 Shazui Road, 16th Floor, Block A, LVGEM Hongshuwan No. 1, Futian District, Shenzhen, CHN, 518000
Nuode New Materials Co Ltd through its subsidiaries mainly engaged in the research and development, production and sales of electrolytic copper foil.
73GF Score

Get the complete analysis for SHSE:600110

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

¥12.14
Price
¥10.82
GF Value