Leshan Electric Power CoSHSE:600644 -1.39%52 Gross Margin % is 11.90% as of Mar. 2026, which is 49% below its 10-year median of 23.38. GuruFocus rates SHSE:600644 with a GF Score™ of 52/100 and a GF Value™ of ¥7.50 (Fairly Valued). The stock has 5 warning signs investors should review. Among 490 Utilities - Regulated companies, Leshan Electric Power Co ranks worse than 79.59% on this metric.
SHSE:600644's Gross Margin % is ranked worse than 79.59% of 490
companies
in the Utilities - Regulated industry
Industry Median: 30.915
vs SHSE:600644: 15.37
Leshan Electric Power Co had a gross margin of 11.90% for the quarter that ended in Mar. 2026 => No sustainable competitive advantage
The 5-Year average Growth Rate of Gross Margin for Leshan Electric Power Co was -10.40% per year.
Leshan Electric Power Co (SHSE:600644) 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
Leshan Electric Power Co had a gross margin of 11.90% 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.
Leshan Electric Power Co Gross Margin % Related Terms
Leshan Electric Power Co Gross Margin % Historical Data
* 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.
SHSE:600644 vs NEE, SO, DUK: Gross Margin % Comparison
For the Utilities - Regulated Electric subindustry, Leshan Electric Power 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.
Leshan Electric Power Co Gross Margin % vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Leshan Electric Power Co's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Leshan Electric Power Co's Gross Margin % falls into.
* 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.
Leshan Electric Power Co (SHSE:600644) has a Gross Margin % of 11.90% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Leshan Electric Power Co and its competitors. This is 49% below median its historical median of 23.38. Over the past decade, Leshan Electric Power Co's Gross Margin % has ranged from 15.37 to 27.35. According to the industry distribution chart, Leshan Electric Power Co ranks #390 out of 490 companies in the Utilities - Regulated industry, placing it in the top 79.6%.
Is Leshan Electric Power Co's Gross Margin % too high?
Leshan Electric Power Co's current Gross Margin % of 11.90% is 49% below median its 10-year median of 23.38. Over the past 10 years, this metric has ranged from a low of 15.37 to a high of 27.35. The Utilities - Regulated industry median Gross Margin % is 30.92. Leshan Electric Power Co's value of 11.90% is 61.5% below this industry median. Based on the distribution chart, Leshan Electric Power Co ranks #390 out of 490 companies in the Utilities - Regulated industry, which is in the bottom quartile relative to peers. Overall, Leshan Electric Power Co has a GF Score™ of 52/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Leshan Electric Power Co's Gross Margin % compare to NEE and SO?
According to the Utilities - Regulated industry distribution chart, Leshan Electric Power Co ranks #390 out of 490 companies for Gross Margin %. This places Leshan Electric Power Co in the lower half of its industry. The industry median Gross Margin % is 30.92. Leshan Electric Power Co's value of 11.90% is 61.5% below this benchmark. Historically, Leshan Electric Power Co's own Gross Margin % has ranged from 15.37 to 27.35 over the past decade. While the company's 10-year median is 23.38 vs. the industry median of 30.92, Leshan Electric Power 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 Utilities - Regulated company?
The median Gross Margin % among Utilities - Regulated companies is 30.92, based on 490 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. Leshan Electric Power Co's current Gross Margin % of 11.90% is 61.5% 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 Leshan Electric Power Co and its competitors. For the Utilities - Regulated industry, the median Gross Margin % is 30.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Leshan Electric Power Co's current Gross Margin % is 11.90%, which is 49% below median its own 10-year median of 23.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Leshan Electric Power Co stock overvalued right now?
Based on GuruFocus' analysis, Leshan Electric Power Co (SHSE:600644) is currently considered Fairly Valued. The stock's GF Value™ is ¥7.50, compared to a current price of ¥7.82 — trading 4.3% above its estimated fair value. The current Gross Margin % is 11.90%, which is 49% below median its 10-year median of 23.38 and 61.5% below the Utilities - Regulated industry median of 30.92. Leshan Electric Power Co's overall GF Score™ is 52/100 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 Leshan Electric Power Co (SHSE:600644), the current Gross Margin % is 11.90% 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 Leshan Electric Power Co (SHSE:600644) Overvalued in 2026?
Based on GuruFocus' analysis, Leshan Electric Power Co stock appears to be overvalued.
The current stock price of ¥7.82 is trading 4.3% above its estimated GF Value™ of ¥7.50.
GuruFocus considers Leshan Electric Power Co to be Fairly Valued.
Key valuation signals for SHSE:600644:
Gross Margin %: 11.90% (49% below median its 10-year median of 23.38)
GF Value™: ¥7.50 vs. price of ¥7.82 (4.3% above fair value)
Industry Position: 61.5% below the Utilities - Regulated median (#390 of 490)
No single metric tells the full story. See the SHSE:600644 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Leshan Electric Power Co Ltd is an electric power company. The company is engaged in covering power, natural gas, tap water and hotels, photovoltaic new energy and other fields.
52GF Score
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