Heilongjiang Agriculture Co (SHSE:600598) Gross Margin %: 64.27% (As of Mar. 2026) — 44% Above Median

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SHSE:600598 Heilongjiang Agriculture Co Ltd SHSE:600598
70 GF Score
Price ¥12.20
GF Value ¥14.97
Valuation Modestly Undervalued
! 6 Warning Signs
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What is Heilongjiang Agriculture Co Gross Margin %?

Heilongjiang Agriculture Co SHSE:600598 +2.09% 70 Gross Margin % is 64.27% as of Mar. 2026, which is 44% above its 10-year median of 44.53. GuruFocus rates SHSE:600598 with a GF Score™ of 70/100 and a GF Value™ of ¥14.97 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 1,910 Consumer Packaged Goods companies, Heilongjiang Agriculture Co ranks better than 67.75% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Heilongjiang Agriculture Co's Gross Profit for the three months ended in Mar. 2026 was ¥673 Mil. Heilongjiang Agriculture Co's Revenue for the three months ended in Mar. 2026 was ¥1,047 Mil. Therefore, Heilongjiang Agriculture Co's Gross Margin % for the quarter that ended in Mar. 2026 was 64.27%.

Warning Sign:

Heilongjiang Agriculture 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 Heilongjiang Agriculture Co's Gross Margin % or its related term are showing as below:

SHSE:600598' s Gross Margin % Range Over the Past 10 Years
Min: 34.56   Med: 44.53   Max: 85.86
Current: 34.88


During the past 13 years, the highest Gross Margin % of Heilongjiang Agriculture Co was 85.86%. The lowest was 34.56%. And the median was 44.53%.

SHSE:600598's Gross Margin % is ranked better than
67.75% of 1910 companies
in the Consumer Packaged Goods industry
Industry Median: 26.355 vs SHSE:600598: 34.88

Heilongjiang Agriculture Co had a gross margin of 64.27% for the quarter that ended in Mar. 2026 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Heilongjiang Agriculture Co was -6.10% per year.


Heilongjiang Agriculture Co  (SHSE:600598) 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

Heilongjiang Agriculture Co had a gross margin of 64.27% 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.


Heilongjiang Agriculture Co Gross Margin % Related Terms


Heilongjiang Agriculture Co Gross Margin % Historical Data

* Premium members only.

The historical data trend for Heilongjiang Agriculture 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.

Heilongjiang Agriculture Co Gross Margin % Chart

Heilongjiang Agriculture 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 42.87 39.55 35.38 34.59 34.56

Heilongjiang Agriculture 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 65.31 26.73 45.16 12.36 64.27

SHSE:600598 vs ADM, BG, TSN: Gross Margin % Comparison

For the Farm Products subindustry, Heilongjiang Agriculture 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.


Heilongjiang Agriculture Co Gross Margin % vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Heilongjiang Agriculture Co's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Heilongjiang Agriculture Co's Gross Margin % falls into.


SHSE:600598
70GF Score
Heilongjiang Agriculture Co Ltd SHSE:600598
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Heilongjiang Agriculture Co Gross Margin % Calculation

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

Heilongjiang Agriculture 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 )
=1807 / 5229.19
=(Revenue - Cost of Goods Sold) / Revenue
=(5229.19 - 3422.172) / 5229.19
=34.56 %

Heilongjiang Agriculture 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 )
=672.8 / 1046.869
=(Revenue - Cost of Goods Sold) / Revenue
=(1046.869 - 374.058) / 1046.869
=64.27 %

* 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 64.27% mean?
Heilongjiang Agriculture Co (SHSE:600598) has a Gross Margin % of 64.27% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Heilongjiang Agriculture Co and its competitors. This is 44% above median its historical median of 44.53. Over the past decade, Heilongjiang Agriculture Co's Gross Margin % has ranged from 34.56 to 85.86. According to the industry distribution chart, Heilongjiang Agriculture Co ranks #616 out of 1910 companies in the Consumer Packaged Goods industry, placing it in the top 32.3%.
Is Heilongjiang Agriculture Co's Gross Margin % too high?
Heilongjiang Agriculture Co's current Gross Margin % of 64.27% is 44% above median its 10-year median of 44.53. Over the past 10 years, this metric has ranged from a low of 34.56 to a high of 85.86. The Consumer Packaged Goods industry median Gross Margin % is 26.36. Heilongjiang Agriculture Co's value of 64.27% is 143.9% above this industry median. Based on the distribution chart, Heilongjiang Agriculture Co ranks #616 out of 1910 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, Heilongjiang Agriculture Co has a GF Score™ of 70/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Heilongjiang Agriculture Co's Gross Margin % compare to ADM and BG?
According to the Consumer Packaged Goods industry distribution chart, Heilongjiang Agriculture Co ranks #616 out of 1910 companies for Gross Margin %. This puts Heilongjiang Agriculture Co in the upper half of its industry. The industry median Gross Margin % is 26.36. Heilongjiang Agriculture Co's value of 64.27% is 143.9% above this benchmark. Historically, Heilongjiang Agriculture Co's own Gross Margin % has ranged from 34.56 to 85.86 over the past decade. While the company's 10-year median is 44.53 vs. the industry median of 26.36, Heilongjiang Agriculture 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 Consumer Packaged Goods company?
The median Gross Margin % among Consumer Packaged Goods companies is 26.36, based on 1,910 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. Heilongjiang Agriculture Co's current Gross Margin % of 64.27% is 143.9% 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 Heilongjiang Agriculture 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. Heilongjiang Agriculture Co's current Gross Margin % is 64.27%, which is 44% above median its own 10-year median of 44.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Heilongjiang Agriculture Co stock overvalued right now?
Based on GuruFocus' analysis, Heilongjiang Agriculture Co (SHSE:600598) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥14.97, compared to a current price of ¥12.20 — trading 18.5% below its estimated fair value. The current Gross Margin % is 64.27%, which is 44% above median its 10-year median of 44.53 and 143.9% above the Consumer Packaged Goods industry median of 26.36. Heilongjiang Agriculture Co's overall GF Score™ is 70/100 with 6 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 Heilongjiang Agriculture Co (SHSE:600598), the current Gross Margin % is 64.27% 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 Heilongjiang Agriculture Co (SHSE:600598) Overvalued in 2026?

Based on GuruFocus' analysis, Heilongjiang Agriculture Co stock appears to be undervalued. The current stock price of ¥12.20 is trading 18.5% below its estimated GF Value™ of ¥14.97. GuruFocus considers Heilongjiang Agriculture Co to be Modestly Undervalued.

Key valuation signals for SHSE:600598:

  • Gross Margin %: 64.27% (44% above median its 10-year median of 44.53)
  • GF Value™: ¥14.97 vs. price of ¥12.20 (18.5% below fair value)
  • GF Score™: 70/100 with 6 warning signs
  • Industry Position: 143.9% above the Consumer Packaged Goods median (#616 of 1910)

No single metric tells the full story. See the SHSE:600598 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Heilongjiang Agriculture Co Business Description

Address No. 263, Hanshui Road, Nangang District, Heilongjiang Province, Harbin, CHN, 150090
Heilongjiang Agriculture Co Ltd is an agricultural company. It is engaged in the contracting and operating of cultivated land; production and sale of food crops such as rice and corn; technology, information, and services related to crop production; retail of fertilizers (only branches can operate these businesses); and real estate development and sales.
70GF Score

Get the complete analysis for SHSE:600598

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

¥12.20
Price
¥14.97
GF Value