Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Minfeng Special Paper CoSHSE:600235 -3.09%48 Gross Margin % is 10.67% as of Mar. 2026, which is 35% below its 10-year median of 16.54. GuruFocus rates SHSE:600235 with a GF Score™ of 48/100 and a GF Value™ of ¥4.98 (Fairly Valued). The stock has 8 warning signs investors should review. Among 279 Forest Products companies, Minfeng Special Paper Co ranks worse than 63.8% on this metric.
SHSE:600235's Gross Margin % is ranked worse than 63.8% of 279
companies
in the Forest Products industry
Industry Median: 18.89
vs SHSE:600235: 13.90
Minfeng Special Paper Co had a gross margin of 10.67% for the quarter that ended in Mar. 2026 => No sustainable competitive advantage
The 5-Year average Growth Rate of Gross Margin for Minfeng Special Paper Co was -2.70% per year.
Minfeng Special Paper Co (SHSE:600235) 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
Minfeng Special Paper Co had a gross margin of 10.67% 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.
Minfeng Special Paper Co Gross Margin % Related Terms
Minfeng Special Paper 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.
Minfeng Special Paper Co Gross Margin % Competitor Comparison
For the Paper & Paper Products subindustry, Minfeng Special Paper 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.
Minfeng Special Paper Co Gross Margin % vs Forest Products Industry
For the Forest Products industry and Basic Materials sector, Minfeng Special Paper Co's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Minfeng Special Paper 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.
Minfeng Special Paper Co (SHSE:600235) has a Gross Margin % of 10.67% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Minfeng Special Paper Co and its competitors. This is 35% below median its historical median of 16.54. Over the past decade, Minfeng Special Paper Co's Gross Margin % has ranged from 12.03 to 18.82. According to the industry distribution chart, Minfeng Special Paper Co ranks #178 out of 279 companies in the Forest Products industry, placing it in the top 63.8%.
Is Minfeng Special Paper Co's Gross Margin % too high?
Minfeng Special Paper Co's current Gross Margin % of 10.67% is 35% below median its 10-year median of 16.54. Over the past 10 years, this metric has ranged from a low of 12.03 to a high of 18.82. The Forest Products industry median Gross Margin % is 18.89. Minfeng Special Paper Co's value of 10.67% is 43.5% below this industry median. Based on the distribution chart, Minfeng Special Paper Co ranks #178 out of 279 companies in the Forest Products industry, which is below the industry midpoint. Overall, Minfeng Special Paper Co has a GF Score™ of 48/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Minfeng Special Paper Co's Gross Margin % compare to competitors?
According to the Forest Products industry distribution chart, Minfeng Special Paper Co ranks #178 out of 279 companies for Gross Margin %. This places Minfeng Special Paper Co in the lower half of its industry. The industry median Gross Margin % is 18.89. Minfeng Special Paper Co's value of 10.67% is 43.5% below this benchmark. Historically, Minfeng Special Paper Co's own Gross Margin % has ranged from 12.03 to 18.82 over the past decade. While the company's 10-year median is 16.54 vs. the industry median of 18.89, Minfeng Special Paper 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 Forest Products company?
The median Gross Margin % among Forest Products companies is 18.89, based on 279 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. Minfeng Special Paper Co's current Gross Margin % of 10.67% is 43.5% 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 Minfeng Special Paper Co and its competitors. For the Forest Products industry, the median Gross Margin % is 18.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Minfeng Special Paper Co's current Gross Margin % is 10.67%, which is 35% below median its own 10-year median of 16.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Minfeng Special Paper Co stock overvalued right now?
Based on GuruFocus' analysis, Minfeng Special Paper Co (SHSE:600235) is currently considered Fairly Valued. The stock's GF Value™ is ¥4.98, compared to a current price of ¥5.01 — trading 0.6% above its estimated fair value. The current Gross Margin % is 10.67%, which is 35% below median its 10-year median of 16.54 and 43.5% below the Forest Products industry median of 18.89. Minfeng Special Paper Co's overall GF Score™ is 48/100 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 Minfeng Special Paper Co (SHSE:600235), the current Gross Margin % is 10.67% 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 Minfeng Special Paper Co (SHSE:600235) Overvalued in 2026?
Based on GuruFocus' analysis, Minfeng Special Paper Co stock appears to be overvalued.
The current stock price of ¥5.01 is trading 0.6% above its estimated GF Value™ of ¥4.98.
GuruFocus considers Minfeng Special Paper Co to be Fairly Valued.
Key valuation signals for SHSE:600235:
Gross Margin %: 10.67% (35% below median its 10-year median of 16.54)
GF Value™: ¥4.98 vs. price of ¥5.01 (0.6% above fair value)
Industry Position: 43.5% below the Forest Products median (#178 of 279)
No single metric tells the full story. See the SHSE:600235 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Minfeng Special Paper Co Ltd develops and manufactures paper. The company focuses on the industrial specialty paper market. The company's main products consist of cigarette paper series, industrial paper, tracing paper series and capacitor paper series, among others. It sells the products in both Chinese and international market.
48GF Score
Get the complete analysis for SHSE:600235
Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
SHSE:600235 has been successfully added to your 
