North Navigation Control Technology Co (SHSE:600435) Gross Margin %: 18.99% (As of Mar. 2026) — 18% Below Median

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SHSE:600435 North Navigation Control Technology Co Ltd SHSE:600435
57 GF Score
Price ¥10.09
GF Value ¥17.71
Valuation Significantly Undervalued
! 5 Warning Signs
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What is North Navigation Control Technology Co Gross Margin %?

North Navigation Control Technology Co SHSE:600435 +0.10% 57 Gross Margin % is 18.99% as of Mar. 2026, which is 18% below its 10-year median of 23.17. GuruFocus rates SHSE:600435 with a GF Score™ of 57/100 and a GF Value™ of ¥17.71 (Significantly Undervalued). The stock has 5 warning signs investors should review. Among 2,996 Industrial Products companies, North Navigation Control Technology Co ranks worse than 80.31% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. North Navigation Control Technology Co's Gross Profit for the three months ended in Mar. 2026 was ¥82 Mil. North Navigation Control Technology Co's Revenue for the three months ended in Mar. 2026 was ¥432 Mil. Therefore, North Navigation Control Technology Co's Gross Margin % for the quarter that ended in Mar. 2026 was 18.99%.

Warning Sign:

North Navigation Control Technology Co Ltd gross margin has been in long-term decline. The average rate of decline per year is -3.2%.


The historical rank and industry rank for North Navigation Control Technology Co's Gross Margin % or its related term are showing as below:

SHSE:600435' s Gross Margin % Range Over the Past 10 Years
Min: 15.01   Med: 23.17   Max: 26.71
Current: 15.01


During the past 13 years, the highest Gross Margin % of North Navigation Control Technology Co was 26.71%. The lowest was 15.01%. And the median was 23.17%.

SHSE:600435's Gross Margin % is ranked worse than
80.31% of 2996 companies
in the Industrial Products industry
Industry Median: 26.8 vs SHSE:600435: 15.01

North Navigation Control Technology Co had a gross margin of 18.99% for the quarter that ended in Mar. 2026 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for North Navigation Control Technology Co was -3.20% per year.


North Navigation Control Technology Co  (SHSE:600435) 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

North Navigation Control Technology Co had a gross margin of 18.99% 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.


North Navigation Control Technology Co Gross Margin % Related Terms


North Navigation Control Technology Co Gross Margin % Historical Data

* Premium members only.

The historical data trend for North Navigation Control Technology 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.

North Navigation Control Technology Co Gross Margin % Chart

North Navigation Control Technology 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 20.65 21.59 24.80 22.64 15.68

North Navigation Control Technology 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 27.91 20.86 15.87 9.03 18.99

SHSE:600435 vs GEV, ETN, PH: Gross Margin % Comparison

For the Specialty Industrial Machinery subindustry, North Navigation Control Technology 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.


North Navigation Control Technology Co Gross Margin % vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, North Navigation Control Technology Co's Gross Margin % distribution charts can be found below:

* The bar in red indicates where North Navigation Control Technology Co's Gross Margin % falls into.


SHSE:600435
57GF Score
North Navigation Control Technology Co Ltd SHSE:600435
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

North Navigation Control Technology Co Gross Margin % Calculation

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

North Navigation Control Technology 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 )
=657.2 / 4191.875
=(Revenue - Cost of Goods Sold) / Revenue
=(4191.875 - 3534.626) / 4191.875
=15.68 %

North Navigation Control Technology 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 )
=82 / 431.546
=(Revenue - Cost of Goods Sold) / Revenue
=(431.546 - 349.594) / 431.546
=18.99 %

* 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 18.99% mean?
North Navigation Control Technology Co (SHSE:600435) has a Gross Margin % of 18.99% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on North Navigation Control Technology Co and its competitors. This is 18% below median its historical median of 23.17. Over the past decade, North Navigation Control Technology Co's Gross Margin % has ranged from 15.01 to 26.71. According to the industry distribution chart, North Navigation Control Technology Co ranks #2406 out of 2996 companies in the Industrial Products industry, placing it in the top 80.3%.
Is North Navigation Control Technology Co's Gross Margin % too high?
North Navigation Control Technology Co's current Gross Margin % of 18.99% is 18% below median its 10-year median of 23.17. Over the past 10 years, this metric has ranged from a low of 15.01 to a high of 26.71. The Industrial Products industry median Gross Margin % is 26.80. North Navigation Control Technology Co's value of 18.99% is 29.1% below this industry median. Based on the distribution chart, North Navigation Control Technology Co ranks #2406 out of 2996 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, North Navigation Control Technology Co has a GF Score™ of 57/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does North Navigation Control Technology Co's Gross Margin % compare to GEV and ETN?
According to the Industrial Products industry distribution chart, North Navigation Control Technology Co ranks #2406 out of 2996 companies for Gross Margin %. This places North Navigation Control Technology Co in the lower half of its industry. The industry median Gross Margin % is 26.80. North Navigation Control Technology Co's value of 18.99% is 29.1% below this benchmark. Historically, North Navigation Control Technology Co's own Gross Margin % has ranged from 15.01 to 26.71 over the past decade. While the company's 10-year median is 23.17 vs. the industry median of 26.80, North Navigation Control Technology 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 26.80, based on 2,996 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. North Navigation Control Technology Co's current Gross Margin % of 18.99% is 29.1% 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 North Navigation Control Technology Co and its competitors. For the Industrial Products industry, the median Gross Margin % is 26.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. North Navigation Control Technology Co's current Gross Margin % is 18.99%, which is 18% below median its own 10-year median of 23.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is North Navigation Control Technology Co stock overvalued right now?
Based on GuruFocus' analysis, North Navigation Control Technology Co (SHSE:600435) is currently considered Significantly Undervalued. The stock's GF Value™ is ¥17.71, compared to a current price of ¥10.09 — trading 43% below its estimated fair value. The current Gross Margin % is 18.99%, which is 18% below median its 10-year median of 23.17 and 29.1% below the Industrial Products industry median of 26.80. North Navigation Control Technology Co's overall GF Score™ is 57/100 with 5 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 North Navigation Control Technology Co (SHSE:600435), the current Gross Margin % is 18.99% 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 North Navigation Control Technology Co (SHSE:600435) Overvalued in 2026?

Based on GuruFocus' analysis, North Navigation Control Technology Co stock appears to be undervalued. The current stock price of ¥10.09 is trading 43% below its estimated GF Value™ of ¥17.71. GuruFocus considers North Navigation Control Technology Co to be Significantly Undervalued.

Key valuation signals for SHSE:600435:

  • Gross Margin %: 18.99% (18% below median its 10-year median of 23.17)
  • GF Value™: ¥17.71 vs. price of ¥10.09 (43% below fair value)
  • GF Score™: 57/100 with 5 warning signs
  • Industry Position: 29.1% below the Industrial Products median (#2406 of 2996)

No single metric tells the full story. See the SHSE:600435 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


North Navigation Control Technology Co Business Description

Address No. 2 Kechuang 15th Street, Yizhuang Economic and Technological Development Zone, Beijing, CHN, 100176
North Navigation Control Technology Co Ltd is engaged in Research & Development, and production of high-tech products such as navigation control and ammunition information technology and special vehicles.
57GF Score

Get the complete analysis for SHSE:600435

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

¥10.09
Price
¥17.71
GF Value