Tengda Construction Group Co (SHSE:600512) Gross Margin %: 9.15% (As of Mar. 2026) — 22% Below Median

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SHSE:600512 Tengda Construction Group Co Ltd SHSE:600512
54 GF Score
Price ¥1.96
GF Value ¥2.68
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Tengda Construction Group Co Gross Margin %?

Tengda Construction Group Co SHSE:600512 -2.49% 54 Gross Margin % is 9.15% as of Mar. 2026, which is 22% below its 10-year median of 11.79. GuruFocus rates SHSE:600512 with a GF Score™ of 54/100 and a GF Value™ of ¥2.68 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 1,725 Construction companies, Tengda Construction Group Co ranks worse than 76.23% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Tengda Construction Group Co's Gross Profit for the three months ended in Mar. 2026 was ¥73 Mil. Tengda Construction Group Co's Revenue for the three months ended in Mar. 2026 was ¥800 Mil. Therefore, Tengda Construction Group Co's Gross Margin % for the quarter that ended in Mar. 2026 was 9.15%.

Warning Sign:

Tengda Construction Group Co Ltd gross margin has been in long-term decline. The average rate of decline per year is -6.7%.


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

SHSE:600512' s Gross Margin % Range Over the Past 10 Years
Min: 10.22   Med: 11.79   Max: 19.41
Current: 11.43


During the past 13 years, the highest Gross Margin % of Tengda Construction Group Co was 19.41%. The lowest was 10.22%. And the median was 11.79%.

SHSE:600512's Gross Margin % is ranked worse than
76.23% of 1725 companies
in the Construction industry
Industry Median: 20.7 vs SHSE:600512: 11.43

Tengda Construction Group Co had a gross margin of 9.15% for the quarter that ended in Mar. 2026 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Tengda Construction Group Co was -6.70% per year.


Tengda Construction Group Co  (SHSE:600512) 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

Tengda Construction Group Co had a gross margin of 9.15% 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.


Tengda Construction Group Co Gross Margin % Related Terms


Tengda Construction Group Co Gross Margin % Historical Data

* Premium members only.

The historical data trend for Tengda Construction 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.

Tengda Construction Group Co Gross Margin % Chart

Tengda Construction 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 19.41 13.01 10.22 11.54 11.55

Tengda Construction 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 9.63 10.29 10.78 12.95 9.15

SHSE:600512 vs PWR, FIX, EME: Gross Margin % Comparison

For the Engineering & Construction subindustry, Tengda Construction 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.


Tengda Construction Group Co Gross Margin % vs Construction Industry

For the Construction industry and Industrials sector, Tengda Construction Group Co's Gross Margin % distribution charts can be found below:

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


SHSE:600512
54GF Score
Tengda Construction Group Co Ltd SHSE:600512
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tengda Construction Group Co Gross Margin % Calculation

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

Tengda Construction 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 )
=559.7 / 4845.43
=(Revenue - Cost of Goods Sold) / Revenue
=(4845.43 - 4285.759) / 4845.43
=11.55 %

Tengda Construction 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 )
=73.2 / 799.612
=(Revenue - Cost of Goods Sold) / Revenue
=(799.612 - 726.455) / 799.612
=9.15 %

* 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 9.15% mean?
Tengda Construction Group Co (SHSE:600512) has a Gross Margin % of 9.15% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Tengda Construction Group Co and its competitors. This is 22% below median its historical median of 11.79. Over the past decade, Tengda Construction Group Co's Gross Margin % has ranged from 10.22 to 19.41. According to the industry distribution chart, Tengda Construction Group Co ranks #1315 out of 1725 companies in the Construction industry, placing it in the top 76.2%.
Is Tengda Construction Group Co's Gross Margin % too high?
Tengda Construction Group Co's current Gross Margin % of 9.15% is 22% below median its 10-year median of 11.79. Over the past 10 years, this metric has ranged from a low of 10.22 to a high of 19.41. The Construction industry median Gross Margin % is 20.70. Tengda Construction Group Co's value of 9.15% is 55.8% below this industry median. Based on the distribution chart, Tengda Construction Group Co ranks #1315 out of 1725 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, Tengda Construction Group Co has a GF Score™ of 54/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Tengda Construction Group Co's Gross Margin % compare to PWR and FIX?
According to the Construction industry distribution chart, Tengda Construction Group Co ranks #1315 out of 1725 companies for Gross Margin %. This places Tengda Construction Group Co in the lower half of its industry. The industry median Gross Margin % is 20.70. Tengda Construction Group Co's value of 9.15% is 55.8% below this benchmark. Historically, Tengda Construction Group Co's own Gross Margin % has ranged from 10.22 to 19.41 over the past decade. While the company's 10-year median is 11.79 vs. the industry median of 20.70, Tengda Construction Group 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 Construction company?
The median Gross Margin % among Construction companies is 20.70, based on 1,725 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. Tengda Construction Group Co's current Gross Margin % of 9.15% is 55.8% 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 Tengda Construction Group Co and its competitors. For the Construction industry, the median Gross Margin % is 20.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tengda Construction Group Co's current Gross Margin % is 9.15%, which is 22% below median its own 10-year median of 11.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tengda Construction Group Co stock overvalued right now?
Based on GuruFocus' analysis, Tengda Construction Group Co (SHSE:600512) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥2.68, compared to a current price of ¥1.96 — trading 26.9% below its estimated fair value. The current Gross Margin % is 9.15%, which is 22% below median its 10-year median of 11.79 and 55.8% below the Construction industry median of 20.70. Tengda Construction Group Co's overall GF Score™ is 54/100 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 Tengda Construction Group Co (SHSE:600512), the current Gross Margin % is 9.15% 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 Tengda Construction Group Co (SHSE:600512) Overvalued in 2026?

Based on GuruFocus' analysis, Tengda Construction Group Co stock appears to be undervalued. The current stock price of ¥1.96 is trading 26.9% below its estimated GF Value™ of ¥2.68. GuruFocus considers Tengda Construction Group Co to be Modestly Undervalued.

Key valuation signals for SHSE:600512:

  • Gross Margin %: 9.15% (22% below median its 10-year median of 11.79)
  • GF Value™: ¥2.68 vs. price of ¥1.96 (26.9% below fair value)
  • GF Score™: 54/100 with 5 warning signs
  • Industry Position: 55.8% below the Construction median (#1315 of 1725)

No single metric tells the full story. See the SHSE:600512 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tengda Construction Group Co Business Description

Address No. 1 Luqiao Avenue East, Luqiao District, Taizhou, Zhejiang, CHN, 318050
Tengda Construction Group Co Ltd is a China-based company engaged in construction engineering and operation of railways, roads, and bridges. It is mainly engaged in urban roads, bridges, elevated roads, rail transit, sewage treatment, highways, housing construction and other projects. The company conducts its businesses primarily in domestic markets.
54GF Score

Get the complete analysis for SHSE:600512

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

¥1.96
Price
¥2.68
GF Value