Shandong Homey Aquatic Development Co (SHSE:600467) Gross Margin %: 20.68% (As of Mar. 2026) — Near Median

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SHSE:600467 Shandong Homey Aquatic Development Co Ltd SHSE:600467
59 GF Score
Price ¥2.21
GF Value ¥1.89
Valuation Modestly Overvalued
! 7 Warning Signs
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What is Shandong Homey Aquatic Development Co Gross Margin %?

Shandong Homey Aquatic Development Co SHSE:600467 +0.91% 59 Gross Margin % is 20.68% as of Mar. 2026, which is 4% below its 10-year median of 21.54. GuruFocus rates SHSE:600467 with a GF Score™ of 59/100 and a GF Value™ of ¥1.89 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 1,908 Consumer Packaged Goods companies, Shandong Homey Aquatic Development Co ranks worse than 61.37% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Shandong Homey Aquatic Development Co's Gross Profit for the three months ended in Mar. 2026 was ¥51 Mil. Shandong Homey Aquatic Development Co's Revenue for the three months ended in Mar. 2026 was ¥248 Mil. Therefore, Shandong Homey Aquatic Development Co's Gross Margin % for the quarter that ended in Mar. 2026 was 20.68%.


The historical rank and industry rank for Shandong Homey Aquatic Development Co's Gross Margin % or its related term are showing as below:

SHSE:600467' s Gross Margin % Range Over the Past 10 Years
Min: 15.57   Med: 21.54   Max: 28.84
Current: 21.34


During the past 13 years, the highest Gross Margin % of Shandong Homey Aquatic Development Co was 28.84%. The lowest was 15.57%. And the median was 21.54%.

SHSE:600467's Gross Margin % is ranked worse than
61.37% of 1908 companies
in the Consumer Packaged Goods industry
Industry Median: 26.355 vs SHSE:600467: 21.34

Shandong Homey Aquatic Development Co had a gross margin of 20.68% for the quarter that ended in Mar. 2026 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Shandong Homey Aquatic Development Co was -0.20% per year.


Shandong Homey Aquatic Development Co  (SHSE:600467) 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

Shandong Homey Aquatic Development Co had a gross margin of 20.68% 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.


Shandong Homey Aquatic Development Co Gross Margin % Related Terms


Shandong Homey Aquatic Development Co Gross Margin % Historical Data

* Premium members only.

The historical data trend for Shandong Homey Aquatic Development 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.

Shandong Homey Aquatic Development Co Gross Margin % Chart

Shandong Homey Aquatic Development 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 20.00 21.42 16.46 15.57 23.87

Shandong Homey Aquatic Development 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 33.44 14.66 27.91 39.06 20.68

SHSE:600467 vs ADM, BG, TSN: Gross Margin % Comparison

For the Farm Products subindustry, Shandong Homey Aquatic Development 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.


Shandong Homey Aquatic Development Co Gross Margin % vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Shandong Homey Aquatic Development Co's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Shandong Homey Aquatic Development Co's Gross Margin % falls into.


SHSE:600467
59GF Score
Shandong Homey Aquatic Development Co Ltd SHSE:600467
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Shandong Homey Aquatic Development Co Gross Margin % Calculation

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

Shandong Homey Aquatic Development 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 )
=251 / 1051.303
=(Revenue - Cost of Goods Sold) / Revenue
=(1051.303 - 800.321) / 1051.303
=23.87 %

Shandong Homey Aquatic Development 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 )
=51.3 / 248.197
=(Revenue - Cost of Goods Sold) / Revenue
=(248.197 - 196.872) / 248.197
=20.68 %

* 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 20.68% mean?
Shandong Homey Aquatic Development Co (SHSE:600467) has a Gross Margin % of 20.68% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Shandong Homey Aquatic Development Co and its competitors. This is near median its historical median of 21.54. Over the past decade, Shandong Homey Aquatic Development Co's Gross Margin % has ranged from 15.57 to 28.84. According to the industry distribution chart, Shandong Homey Aquatic Development Co ranks #1171 out of 1908 companies in the Consumer Packaged Goods industry, placing it in the top 61.4%.
Is Shandong Homey Aquatic Development Co's Gross Margin % too high?
Shandong Homey Aquatic Development Co's current Gross Margin % of 20.68% is near median its 10-year median of 21.54. Over the past 10 years, this metric has ranged from a low of 15.57 to a high of 28.84. The Consumer Packaged Goods industry median Gross Margin % is 26.36. Shandong Homey Aquatic Development Co's value of 20.68% is 21.5% below this industry median. Based on the distribution chart, Shandong Homey Aquatic Development Co ranks #1171 out of 1908 companies in the Consumer Packaged Goods industry, which is below the industry midpoint. Overall, Shandong Homey Aquatic Development Co has a GF Score™ of 59/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Shandong Homey Aquatic Development Co's Gross Margin % compare to ADM and BG?
According to the Consumer Packaged Goods industry distribution chart, Shandong Homey Aquatic Development Co ranks #1171 out of 1908 companies for Gross Margin %. This places Shandong Homey Aquatic Development Co in the lower half of its industry. The industry median Gross Margin % is 26.36. Shandong Homey Aquatic Development Co's value of 20.68% is 21.5% below this benchmark. Historically, Shandong Homey Aquatic Development Co's own Gross Margin % has ranged from 15.57 to 28.84 over the past decade. While the company's 10-year median is 21.54 vs. the industry median of 26.36, Shandong Homey Aquatic Development 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 Consumer Packaged Goods company?
The median Gross Margin % among Consumer Packaged Goods companies is 26.36, based on 1,908 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. Shandong Homey Aquatic Development Co's current Gross Margin % of 20.68% is 21.5% 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 Shandong Homey Aquatic Development Co and its competitors. For the Consumer Packaged Goods industry, the median Gross Margin % is 26.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shandong Homey Aquatic Development Co's current Gross Margin % is 20.68%, which is near median its own 10-year median of 21.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shandong Homey Aquatic Development Co stock overvalued right now?
Based on GuruFocus' analysis, Shandong Homey Aquatic Development Co (SHSE:600467) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥1.89, compared to a current price of ¥2.21 — trading 16.9% above its estimated fair value. The current Gross Margin % is 20.68%, which is near median its 10-year median of 21.54 and 21.5% below the Consumer Packaged Goods industry median of 26.36. Shandong Homey Aquatic Development Co's overall GF Score™ is 59/100 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 Shandong Homey Aquatic Development Co (SHSE:600467), the current Gross Margin % is 20.68% 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 Shandong Homey Aquatic Development Co (SHSE:600467) Overvalued in 2026?

Based on GuruFocus' analysis, Shandong Homey Aquatic Development Co stock appears to be overvalued. The current stock price of ¥2.21 is trading 16.9% above its estimated GF Value™ of ¥1.89. GuruFocus considers Shandong Homey Aquatic Development Co to be Modestly Overvalued.

Key valuation signals for SHSE:600467:

  • Gross Margin %: 20.68% (near median its 10-year median of 21.54)
  • GF Value™: ¥1.89 vs. price of ¥2.21 (16.9% above fair value)
  • GF Score™: 59/100 with 7 warning signs
  • Industry Position: 21.5% below the Consumer Packaged Goods median (#1171 of 1908)

No single metric tells the full story. See the SHSE:600467 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shandong Homey Aquatic Development Co Business Description

Address Shazuizi, Hushan Town, Rongcheng, Shandong, CHN, 264305
Shandong Homey Aquatic Development Co Ltd is engaged in the aquaculture and food processing businesses in China. Its products include sea cucumber, sea bream, abalone, prawn, kelp, clam, loach and other sea treasures, all of which are medium and high-grade seafood. Its other products include frozen food, aquatic products, health tonic series, beverage series products and salted aquatic products. The company distributes its products within the domestic market and to overseas markets.
59GF Score

Get the complete analysis for SHSE:600467

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

¥2.21
Price
¥1.89
GF Value