Zhejiang Conba Pharmaceutical Co (SHSE:600572) Gross Margin %: 56.74% (As of Mar. 2026) — Near Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

SHSE:600572 Zhejiang Conba Pharmaceutical Co Ltd SHSE:600572
71 GF Score
Price ¥4.32
GF Value ¥5.51
Valuation Modestly Undervalued
! 4 Warning Signs
View Full Analysis

What is Zhejiang Conba Pharmaceutical Co Gross Margin %?

Zhejiang Conba Pharmaceutical Co SHSE:600572 +2.61% 71 Gross Margin % is 56.74% as of Mar. 2026, which is 6% below its 10-year median of 60.25. GuruFocus rates SHSE:600572 with a GF Score™ of 71/100 and a GF Value™ of ¥5.51 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 942 Drug Manufacturers companies, Zhejiang Conba Pharmaceutical Co ranks better than 59.24% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Zhejiang Conba Pharmaceutical Co's Gross Profit for the three months ended in Mar. 2026 was ¥1,081 Mil. Zhejiang Conba Pharmaceutical Co's Revenue for the three months ended in Mar. 2026 was ¥1,906 Mil. Therefore, Zhejiang Conba Pharmaceutical Co's Gross Margin % for the quarter that ended in Mar. 2026 was 56.74%.

Warning Sign:

Zhejiang Conba Pharmaceutical Co Ltd gross margin has been in long-term decline. The average rate of decline per year is -4.1%.


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

SHSE:600572' s Gross Margin % Range Over the Past 10 Years
Min: 47.97   Med: 60.25   Max: 76.1
Current: 53.91


During the past 13 years, the highest Gross Margin % of Zhejiang Conba Pharmaceutical Co was 76.10%. The lowest was 47.97%. And the median was 60.25%.

SHSE:600572's Gross Margin % is ranked better than
59.24% of 942 companies
in the Drug Manufacturers industry
Industry Median: 48.54 vs SHSE:600572: 53.91

Zhejiang Conba Pharmaceutical Co had a gross margin of 56.74% for the quarter that ended in Mar. 2026 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Zhejiang Conba Pharmaceutical Co was -4.10% per year.


Zhejiang Conba Pharmaceutical Co  (SHSE:600572) 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 Conba Pharmaceutical Co had a gross margin of 56.74% for the quarter that ended in Mar. 2026 => Durable 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.


Zhejiang Conba Pharmaceutical Co Gross Margin % Related Terms


Zhejiang Conba Pharmaceutical Co Gross Margin % Historical Data

* Premium members only.

The historical data trend for Zhejiang Conba Pharmaceutical 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 Conba Pharmaceutical Co Gross Margin % Chart

Zhejiang Conba Pharmaceutical 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 61.20 59.30 58.48 53.14 53.31

Zhejiang Conba Pharmaceutical 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 54.81 52.64 53.90 51.72 56.74

SHSE:600572 vs ZTS: Gross Margin % Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, Zhejiang Conba Pharmaceutical 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 Conba Pharmaceutical Co Gross Margin % vs Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Zhejiang Conba Pharmaceutical Co's Gross Margin % distribution charts can be found below:

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


SHSE:600572
71GF Score
Zhejiang Conba Pharmaceutical Co Ltd SHSE:600572
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Zhejiang Conba Pharmaceutical Co Gross Margin % Calculation

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

Zhejiang Conba Pharmaceutical 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 )
=3450.8 / 6473.434
=(Revenue - Cost of Goods Sold) / Revenue
=(6473.434 - 3022.604) / 6473.434
=53.31 %

Zhejiang Conba Pharmaceutical 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 )
=1081.2 / 1905.513
=(Revenue - Cost of Goods Sold) / Revenue
=(1905.513 - 824.279) / 1905.513
=56.74 %

* 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 56.74% mean?
Zhejiang Conba Pharmaceutical Co (SHSE:600572) has a Gross Margin % of 56.74% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Zhejiang Conba Pharmaceutical Co and its competitors. This is near median its historical median of 60.25. Over the past decade, Zhejiang Conba Pharmaceutical Co's Gross Margin % has ranged from 47.97 to 76.10. According to the industry distribution chart, Zhejiang Conba Pharmaceutical Co ranks #384 out of 942 companies in the Drug Manufacturers industry, placing it in the top 40.8%.
Is Zhejiang Conba Pharmaceutical Co's Gross Margin % too high?
Zhejiang Conba Pharmaceutical Co's current Gross Margin % of 56.74% is near median its 10-year median of 60.25. Over the past 10 years, this metric has ranged from a low of 47.97 to a high of 76.10. The Drug Manufacturers industry median Gross Margin % is 48.54. Zhejiang Conba Pharmaceutical Co's value of 56.74% is 16.9% above this industry median. Based on the distribution chart, Zhejiang Conba Pharmaceutical Co ranks #384 out of 942 companies in the Drug Manufacturers industry, which is above the industry midpoint. Overall, Zhejiang Conba Pharmaceutical Co has a GF Score™ of 71/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Zhejiang Conba Pharmaceutical Co's Gross Margin % compare to ZTS?
According to the Drug Manufacturers industry distribution chart, Zhejiang Conba Pharmaceutical Co ranks #384 out of 942 companies for Gross Margin %. This puts Zhejiang Conba Pharmaceutical Co in the upper half of its industry. The industry median Gross Margin % is 48.54. Zhejiang Conba Pharmaceutical Co's value of 56.74% is 16.9% above this benchmark. Historically, Zhejiang Conba Pharmaceutical Co's own Gross Margin % has ranged from 47.97 to 76.10 over the past decade. While the company's 10-year median is 60.25 vs. the industry median of 48.54, Zhejiang Conba Pharmaceutical 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 Drug Manufacturers company?
The median Gross Margin % among Drug Manufacturers companies is 48.54, based on 942 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 Conba Pharmaceutical Co's current Gross Margin % of 56.74% is 16.9% 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 Conba Pharmaceutical Co and its competitors. For the Drug Manufacturers industry, the median Gross Margin % is 48.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zhejiang Conba Pharmaceutical Co's current Gross Margin % is 56.74%, which is near median its own 10-year median of 60.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhejiang Conba Pharmaceutical Co stock overvalued right now?
Based on GuruFocus' analysis, Zhejiang Conba Pharmaceutical Co (SHSE:600572) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥5.51, compared to a current price of ¥4.32 — trading 21.6% below its estimated fair value. The current Gross Margin % is 56.74%, which is near median its 10-year median of 60.25 and 16.9% above the Drug Manufacturers industry median of 48.54. Zhejiang Conba Pharmaceutical Co's overall GF Score™ is 71/100 with 4 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 Conba Pharmaceutical Co (SHSE:600572), the current Gross Margin % is 56.74% 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 Conba Pharmaceutical Co (SHSE:600572) Overvalued in 2026?

Based on GuruFocus' analysis, Zhejiang Conba Pharmaceutical Co stock appears to be undervalued. The current stock price of ¥4.32 is trading 21.6% below its estimated GF Value™ of ¥5.51. GuruFocus considers Zhejiang Conba Pharmaceutical Co to be Modestly Undervalued.

Key valuation signals for SHSE:600572:

  • Gross Margin %: 56.74% (near median its 10-year median of 60.25)
  • GF Value™: ¥5.51 vs. price of ¥4.32 (21.6% below fair value)
  • GF Score™: 71/100 with 4 warning signs
  • Industry Position: 16.9% above the Drug Manufacturers median (#384 of 942)

No single metric tells the full story. See the SHSE:600572 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Zhejiang Conba Pharmaceutical Co Business Description

Address No. 568 Binkang Road, New and High-Technology Development Zone, Binjiang District, Zhejiang, Hangzhou, CHN, 310052
Zhejiang Conba Pharmaceutical Co Ltd operates as a pharmaceutical company in China. It offers traditional Chinese medicines, botanical extracts, chemical medicines, chemical raw medicines, health foods, common foods, prepared drugs in pieces, and commodities. It provides its products under the Conba, Prostate Plus, Zhenshiming, Tianbaoning, Alocin, Xitao, Yuanbang, Baby, and Omeprazole names.
71GF Score

Get the complete analysis for SHSE:600572

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

¥4.32
Price
¥5.51
GF Value