State Grid Informationmmunication Co (SHSE:600131) Gross Margin %: 13.30% (As of Mar. 2026) — 30% Below Median

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SHSE:600131 State Grid Information & Communication Co Ltd SHSE:600131
87 GF Score
Price ¥14.10
GF Value ¥21.89
Valuation Significantly Undervalued
! 3 Warning Signs
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What is State Grid Informationmmunication Co Gross Margin %?

State Grid Informationmmunication Co SHSE:600131 -1.54% 87 Gross Margin % is 13.30% as of Mar. 2026, which is 30% below its 10-year median of 19.03. GuruFocus rates SHSE:600131 with a GF Score™ of 87/100 and a GF Value™ of ¥21.89 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 404 Utilities - Independent Power Producers companies, State Grid Informationmmunication Co ranks worse than 75% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. State Grid Informationmmunication Co's Gross Profit for the three months ended in Mar. 2026 was ¥179 Mil. State Grid Informationmmunication Co's Revenue for the three months ended in Mar. 2026 was ¥1,344 Mil. Therefore, State Grid Informationmmunication Co's Gross Margin % for the quarter that ended in Mar. 2026 was 13.30%.


The historical rank and industry rank for State Grid Informationmmunication Co's Gross Margin % or its related term are showing as below:

SHSE:600131' s Gross Margin % Range Over the Past 10 Years
Min: 13.52   Med: 19.03   Max: 21.56
Current: 16.26


During the past 13 years, the highest Gross Margin % of State Grid Informationmmunication Co was 21.56%. The lowest was 13.52%. And the median was 19.03%.

SHSE:600131's Gross Margin % is ranked worse than
75% of 404 companies
in the Utilities - Independent Power Producers industry
Industry Median: 31.32 vs SHSE:600131: 16.26

State Grid Informationmmunication Co had a gross margin of 13.30% for the quarter that ended in Mar. 2026 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for State Grid Informationmmunication Co was -1.00% per year.


State Grid Informationmmunication Co  (SHSE:600131) 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

State Grid Informationmmunication Co had a gross margin of 13.30% 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.


State Grid Informationmmunication Co Gross Margin % Related Terms


State Grid Informationmmunication Co Gross Margin % Historical Data

* Premium members only.

The historical data trend for State Grid Informationmmunication 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.

State Grid Informationmmunication Co Gross Margin % Chart

State Grid Informationmmunication 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 19.04 20.60 21.56 19.76 17.16

State Grid Informationmmunication 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 20.32 23.29 16.14 14.08 13.30

State Grid Informationmmunication Co Gross Margin % Competitor Comparison

For the Utilities - Renewable subindustry, State Grid Informationmmunication 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.


State Grid Informationmmunication Co Gross Margin % vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, State Grid Informationmmunication Co's Gross Margin % distribution charts can be found below:

* The bar in red indicates where State Grid Informationmmunication Co's Gross Margin % falls into.


SHSE:600131
87GF Score
State Grid Information & Communication Co Ltd SHSE:600131
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

State Grid Informationmmunication Co Gross Margin % Calculation

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

State Grid Informationmmunication 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 )
=1824.3 / 10627.82
=(Revenue - Cost of Goods Sold) / Revenue
=(10627.82 - 8803.568) / 10627.82
=17.16 %

State Grid Informationmmunication 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 )
=178.8 / 1344.31
=(Revenue - Cost of Goods Sold) / Revenue
=(1344.31 - 1165.482) / 1344.31
=13.30 %

* 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 13.30% mean?
State Grid Informationmmunication Co (SHSE:600131) has a Gross Margin % of 13.30% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on State Grid Informationmmunication Co and its competitors. This is 30% below median its historical median of 19.03. Over the past decade, State Grid Informationmmunication Co's Gross Margin % has ranged from 13.52 to 21.56. According to the industry distribution chart, State Grid Informationmmunication Co ranks #303 out of 404 companies in the Utilities - Independent Power Producers industry, placing it in the top 75%.
Is State Grid Informationmmunication Co's Gross Margin % too high?
State Grid Informationmmunication Co's current Gross Margin % of 13.30% is 30% below median its 10-year median of 19.03. Over the past 10 years, this metric has ranged from a low of 13.52 to a high of 21.56. The Utilities - Independent Power Producers industry median Gross Margin % is 31.32. State Grid Informationmmunication Co's value of 13.30% is 57.5% below this industry median. Based on the distribution chart, State Grid Informationmmunication Co ranks #303 out of 404 companies in the Utilities - Independent Power Producers industry, which is below the industry midpoint. Overall, State Grid Informationmmunication Co has a GF Score™ of 87/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does State Grid Informationmmunication Co's Gross Margin % compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, State Grid Informationmmunication Co ranks #303 out of 404 companies for Gross Margin %. This places State Grid Informationmmunication Co in the lower half of its industry. The industry median Gross Margin % is 31.32. State Grid Informationmmunication Co's value of 13.30% is 57.5% below this benchmark. Historically, State Grid Informationmmunication Co's own Gross Margin % has ranged from 13.52 to 21.56 over the past decade. While the company's 10-year median is 19.03 vs. the industry median of 31.32, State Grid Informationmmunication 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 - Independent Power Producers company?
The median Gross Margin % among Utilities - Independent Power Producers companies is 31.32, based on 404 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. State Grid Informationmmunication Co's current Gross Margin % of 13.30% is 57.5% 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 State Grid Informationmmunication Co and its competitors. For the Utilities - Independent Power Producers industry, the median Gross Margin % is 31.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. State Grid Informationmmunication Co's current Gross Margin % is 13.30%, which is 30% below median its own 10-year median of 19.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is State Grid Informationmmunication Co stock overvalued right now?
Based on GuruFocus' analysis, State Grid Informationmmunication Co (SHSE:600131) is currently considered Significantly Undervalued. The stock's GF Value™ is ¥21.89, compared to a current price of ¥14.10 — trading 35.6% below its estimated fair value. The current Gross Margin % is 13.30%, which is 30% below median its 10-year median of 19.03 and 57.5% below the Utilities - Independent Power Producers industry median of 31.32. State Grid Informationmmunication Co's overall GF Score™ is 87/100 with 3 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 State Grid Informationmmunication Co (SHSE:600131), the current Gross Margin % is 13.30% 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 State Grid Informationmmunication Co (SHSE:600131) Overvalued in 2026?

Based on GuruFocus' analysis, State Grid Informationmmunication Co stock appears to be undervalued. The current stock price of ¥14.10 is trading 35.6% below its estimated GF Value™ of ¥21.89. GuruFocus considers State Grid Informationmmunication Co to be Significantly Undervalued.

Key valuation signals for SHSE:600131:

  • Gross Margin %: 13.30% (30% below median its 10-year median of 19.03)
  • GF Value™: ¥21.89 vs. price of ¥14.10 (35.6% below fair value)
  • GF Score™: 87/100 with 3 warning signs
  • Industry Position: 57.5% below the Utilities - Independent Power Producers median (#303 of 404)

No single metric tells the full story. See the SHSE:600131 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


State Grid Informationmmunication Co Business Description

Address No. 301 Kuiguang Road, Doujiangyan, Sichuan, CHN, 611830
State Grid Information & Communication Co Ltd, formerly Sichuan Minjiang Hydropower Co Ltd is a China-based company is engaged in the hydroelectric generation business. It is mainly engaged in the development, generation, transmission, distribution, and sales of electric power, as well as other businesses with its subsidiaries.
87GF Score

Get the complete analysis for SHSE:600131

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

¥14.10
Price
¥21.89
GF Value