Zhejiang Longsheng Group Co (SHSE:600352) Gross Margin %: 33.85% (As of Mar. 2026) — Near Median


SHSE:600352 Zhejiang Longsheng Group Co Ltd SHSE:600352
63 GF Score
Price ¥12.56
GF Value ¥9.69
Valuation Modestly Overvalued
! 7 Warning Signs
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What is Zhejiang Longsheng Group Co Gross Margin %?

Zhejiang Longsheng Group Co SHSE:600352 -3.16% 63 Gross Margin % is 33.85% as of Mar. 2026, which is 4% below its 10-year median of 35.30. GuruFocus rates SHSE:600352 with a GF Score™ of 63/100 and a GF Value™ of ¥9.69 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 1,560 Chemicals companies, Zhejiang Longsheng Group Co ranks better than 68.72% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Zhejiang Longsheng Group Co's Gross Profit for the three months ended in Mar. 2026 was ¥1,225 Mil. Zhejiang Longsheng Group Co's Revenue for the three months ended in Mar. 2026 was ¥3,618 Mil. Therefore, Zhejiang Longsheng Group Co's Gross Margin % for the quarter that ended in Mar. 2026 was 33.85%.

Warning Sign:

Zhejiang Longsheng Group Co Ltd gross margin has been in long-term decline. The average rate of decline per year is -6.1%.


The historical rank and industry rank for Zhejiang Longsheng Group Co's Gross Margin % or its related term are showing as below:

SHSE:600352' s Gross Margin % Range Over the Past 10 Years
Min: 26.13   Med: 35.3   Max: 45.43
Current: 31.54


During the past 13 years, the highest Gross Margin % of Zhejiang Longsheng Group Co was 45.43%. The lowest was 26.13%. And the median was 35.30%.

SHSE:600352's Gross Margin % is ranked better than
68.72% of 1560 companies
in the Chemicals industry
Industry Median: 23.36 vs SHSE:600352: 31.54

Zhejiang Longsheng Group Co had a gross margin of 33.85% for the quarter that ended in Mar. 2026 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Zhejiang Longsheng Group Co was -6.10% per year.


Zhejiang Longsheng Group Co  (SHSE:600352) 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

Zhejiang Longsheng Group Co had a gross margin of 33.85% for the quarter that ended in Mar. 2026 => Competition eroding margins


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.


Zhejiang Longsheng Group Co Gross Margin % Related Terms


Zhejiang Longsheng Group Co Gross Margin % Historical Data

* Premium members only.

The historical data trend for Zhejiang Longsheng Group 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.

Zhejiang Longsheng Group Co Gross Margin % Chart

Zhejiang Longsheng Group 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 33.79 30.11 26.13 27.87 30.20

Zhejiang Longsheng Group 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 28.61 30.98 28.33 32.52 33.85

SHSE:600352 vs LIN, SHW, ECL: Gross Margin % Comparison

For the Specialty Chemicals subindustry, Zhejiang Longsheng Group 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.


Zhejiang Longsheng Group Co Gross Margin % vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Zhejiang Longsheng Group Co's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Zhejiang Longsheng Group Co's Gross Margin % falls into.


SHSE:600352
63GF Score
Zhejiang Longsheng Group Co Ltd SHSE:600352
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Zhejiang Longsheng Group Co Gross Margin % Calculation

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

Zhejiang Longsheng Group 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 )
=4020.2 / 13313.234
=(Revenue - Cost of Goods Sold) / Revenue
=(13313.234 - 9293.01) / 13313.234
=30.20 %

Zhejiang Longsheng Group 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 )
=1224.7 / 3617.855
=(Revenue - Cost of Goods Sold) / Revenue
=(3617.855 - 2393.179) / 3617.855
=33.85 %

* 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 33.85% mean?
Zhejiang Longsheng Group Co (SHSE:600352) has a Gross Margin % of 33.85% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Zhejiang Longsheng Group Co and its competitors. This is near median its historical median of 35.30. Over the past decade, Zhejiang Longsheng Group Co's Gross Margin % has ranged from 26.13 to 45.43. According to the industry distribution chart, Zhejiang Longsheng Group Co ranks #488 out of 1560 companies in the Chemicals industry, placing it in the top 31.3%.
Is Zhejiang Longsheng Group Co's Gross Margin % too high?
Zhejiang Longsheng Group Co's current Gross Margin % of 33.85% is near median its 10-year median of 35.30. Over the past 10 years, this metric has ranged from a low of 26.13 to a high of 45.43. The Chemicals industry median Gross Margin % is 23.36. Zhejiang Longsheng Group Co's value of 33.85% is 44.9% above this industry median. Based on the distribution chart, Zhejiang Longsheng Group Co ranks #488 out of 1560 companies in the Chemicals industry, which is above the industry midpoint. Overall, Zhejiang Longsheng Group Co has a GF Score™ of 63/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Zhejiang Longsheng Group Co's Gross Margin % compare to LIN and SHW?
According to the Chemicals industry distribution chart, Zhejiang Longsheng Group Co ranks #488 out of 1560 companies for Gross Margin %. This puts Zhejiang Longsheng Group Co in the upper half of its industry. The industry median Gross Margin % is 23.36. Zhejiang Longsheng Group Co's value of 33.85% is 44.9% above this benchmark. Historically, Zhejiang Longsheng Group Co's own Gross Margin % has ranged from 26.13 to 45.43 over the past decade. While the company's 10-year median is 35.30 vs. the industry median of 23.36, Zhejiang Longsheng Group Co has consistently been above 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 Chemicals company?
The median Gross Margin % among Chemicals companies is 23.36, based on 1,560 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. Zhejiang Longsheng Group Co's current Gross Margin % of 33.85% is 44.9% above 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 Zhejiang Longsheng Group Co and its competitors. For the Chemicals industry, the median Gross Margin % is 23.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zhejiang Longsheng Group Co's current Gross Margin % is 33.85%, which is near median its own 10-year median of 35.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhejiang Longsheng Group Co stock overvalued right now?
Based on GuruFocus' analysis, Zhejiang Longsheng Group Co (SHSE:600352) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥9.69, compared to a current price of ¥12.56 — trading 29.6% above its estimated fair value. The current Gross Margin % is 33.85%, which is near median its 10-year median of 35.30 and 44.9% above the Chemicals industry median of 23.36. Zhejiang Longsheng Group Co's overall GF Score™ is 63/100 with 7 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 Zhejiang Longsheng Group Co (SHSE:600352), the current Gross Margin % is 33.85% 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 Zhejiang Longsheng Group Co (SHSE:600352) Overvalued in 2026?

Based on GuruFocus' analysis, Zhejiang Longsheng Group Co stock appears to be overvalued. The current stock price of ¥12.56 is trading 29.6% above its estimated GF Value™ of ¥9.69. GuruFocus considers Zhejiang Longsheng Group Co to be Modestly Overvalued.

Key valuation signals for SHSE:600352:

  • Gross Margin %: 33.85% (near median its 10-year median of 35.30)
  • GF Value™: ¥9.69 vs. price of ¥12.56 (29.6% above fair value)
  • GF Score™: 63/100 with 7 warning signs
  • Industry Position: 44.9% above the Chemicals median (#488 of 1560)

No single metric tells the full story. See the SHSE:600352 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Zhejiang Longsheng Group Co Business Description

Address No. 1, Longsheng Avenue, Daoxu Street, Shangyu District, Zhejiang Province, Shaoxing, CHN, 312368
Zhejiang Longsheng Group Co Ltd is a China-based company principally engaged in the production and sale of dyes and automobile spare parts. The Dye (Except for Dystar) segment focuses on manufacturing dyes used in textile printing and dyeing processes. The Intermediate segment is involved in the production of meta-phenylenediamine and resorcinol, which are mainly applied in the manufacturing of dyes, aramid fibers, resorcinol derivatives, meta aminophenol, rubber adhesives, synthetic resins, and other related materials. The Dystar segment is dedicated to producing fuels and additives utilized in textile printing and dyeing applications. In addition, the company conducts operations through the Inorganic Chemical, Real Estate, Auto Parts, and Others segments.
63GF Score

Get the complete analysis for SHSE:600352

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

¥12.56
Price
¥9.69
GF Value