Shanghai Jundao Liquor Enterprise Development Co (SHSE:600696) Gross Margin %: 6.23% (As of Mar. 2026) — 87% Below Median


SHSE:600696 Shanghai Jundao Liquor Enterprise Development Co Ltd SHSE:600696
14 GF Score
Price ¥0.74
GF Value ¥0.71
Valuation Fairly Valued
! 7 Warning Signs
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What is Shanghai Jundao Liquor Enterprise Development Co Gross Margin %?

Shanghai Jundao Liquor Enterprise Development Co SHSE:600696 14 Gross Margin % is 6.23% as of Mar. 2026, which is 87% below its 10-year median of 48.26. GuruFocus rates SHSE:600696 with a GF Score™ of 14/100 and a GF Value™ of ¥0.71 (Fairly Valued). The stock has 7 warning signs investors should review. Among 205 Beverages - Alcoholic companies, Shanghai Jundao Liquor Enterprise Development Co ranks worse than 77.07% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Shanghai Jundao Liquor Enterprise Development Co's Gross Profit for the three months ended in Mar. 2026 was ¥0.72 Mil. Shanghai Jundao Liquor Enterprise Development Co's Revenue for the three months ended in Mar. 2026 was ¥11.54 Mil. Therefore, Shanghai Jundao Liquor Enterprise Development Co's Gross Margin % for the quarter that ended in Mar. 2026 was 6.23%.

Warning Sign:

Shanghai Jundao Liquor Enterprise Development Co Ltd gross margin has been in long-term decline. The average rate of decline per year is -4.3%.


The historical rank and industry rank for Shanghai Jundao Liquor Enterprise Development Co's Gross Margin % or its related term are showing as below:

SHSE:600696' s Gross Margin % Range Over the Past 10 Years
Min: 5.43   Med: 48.26   Max: 75.05
Current: 30.56


During the past 13 years, the highest Gross Margin % of Shanghai Jundao Liquor Enterprise Development Co was 75.05%. The lowest was 5.43%. And the median was 48.26%.

SHSE:600696's Gross Margin % is ranked worse than
77.07% of 205 companies
in the Beverages - Alcoholic industry
Industry Median: 42.2 vs SHSE:600696: 30.56

Shanghai Jundao Liquor Enterprise Development Co had a gross margin of 6.23% for the quarter that ended in Mar. 2026 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Shanghai Jundao Liquor Enterprise Development Co was -4.30% per year.


Shanghai Jundao Liquor Enterprise Development Co  (SHSE:600696) 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

Shanghai Jundao Liquor Enterprise Development Co had a gross margin of 6.23% 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.


Shanghai Jundao Liquor Enterprise Development Co Gross Margin % Related Terms


Shanghai Jundao Liquor Enterprise Development Co Gross Margin % Historical Data

* Premium members only.

The historical data trend for Shanghai Jundao Liquor Enterprise 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.

Shanghai Jundao Liquor Enterprise Development Co Gross Margin % Chart

Shanghai Jundao Liquor Enterprise 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 63.92 67.43 75.05 56.96 42.11

Shanghai Jundao Liquor Enterprise 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 42.13 61.35 81.04 -69.13 6.23

SHSE:600696 vs BF.B: Gross Margin % Comparison

For the Beverages - Wineries & Distilleries subindustry, Shanghai Jundao Liquor Enterprise 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.


Shanghai Jundao Liquor Enterprise Development Co Gross Margin % vs Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Shanghai Jundao Liquor Enterprise Development Co's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Shanghai Jundao Liquor Enterprise Development Co's Gross Margin % falls into.


SHSE:600696
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Shanghai Jundao Liquor Enterprise Development Co Ltd SHSE:600696
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Shanghai Jundao Liquor Enterprise Development Co Gross Margin % Calculation

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

Shanghai Jundao Liquor Enterprise 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 )
=16.6 / 39.34
=(Revenue - Cost of Goods Sold) / Revenue
=(39.34 - 22.775) / 39.34
=42.11 %

Shanghai Jundao Liquor Enterprise 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 )
=0.7 / 11.54
=(Revenue - Cost of Goods Sold) / Revenue
=(11.54 - 10.821) / 11.54
=6.23 %

* 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 6.23% mean?
Shanghai Jundao Liquor Enterprise Development Co (SHSE:600696) has a Gross Margin % of 6.23% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Shanghai Jundao Liquor Enterprise Development Co and its competitors. This is 87% below median its historical median of 48.26. Over the past decade, Shanghai Jundao Liquor Enterprise Development Co's Gross Margin % has ranged from 5.43 to 75.05. According to the industry distribution chart, Shanghai Jundao Liquor Enterprise Development Co ranks #158 out of 205 companies in the Beverages - Alcoholic industry, placing it in the top 77.1%.
Is Shanghai Jundao Liquor Enterprise Development Co's Gross Margin % too high?
Shanghai Jundao Liquor Enterprise Development Co's current Gross Margin % of 6.23% is 87% below median its 10-year median of 48.26. Over the past 10 years, this metric has ranged from a low of 5.43 to a high of 75.05. The Beverages - Alcoholic industry median Gross Margin % is 42.20. Shanghai Jundao Liquor Enterprise Development Co's value of 6.23% is 85.2% below this industry median. Based on the distribution chart, Shanghai Jundao Liquor Enterprise Development Co ranks #158 out of 205 companies in the Beverages - Alcoholic industry, which is in the bottom quartile relative to peers. Overall, Shanghai Jundao Liquor Enterprise Development Co has a GF Score™ of 14/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Shanghai Jundao Liquor Enterprise Development Co's Gross Margin % compare to BF.B?
According to the Beverages - Alcoholic industry distribution chart, Shanghai Jundao Liquor Enterprise Development Co ranks #158 out of 205 companies for Gross Margin %. This places Shanghai Jundao Liquor Enterprise Development Co in the lower half of its industry. The industry median Gross Margin % is 42.20. Shanghai Jundao Liquor Enterprise Development Co's value of 6.23% is 85.2% below this benchmark. Historically, Shanghai Jundao Liquor Enterprise Development Co's own Gross Margin % has ranged from 5.43 to 75.05 over the past decade. While the company's 10-year median is 48.26 vs. the industry median of 42.20, Shanghai Jundao Liquor Enterprise 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 Beverages - Alcoholic company?
The median Gross Margin % among Beverages - Alcoholic companies is 42.20, based on 205 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. Shanghai Jundao Liquor Enterprise Development Co's current Gross Margin % of 6.23% is 85.2% 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 Shanghai Jundao Liquor Enterprise Development Co and its competitors. For the Beverages - Alcoholic industry, the median Gross Margin % is 42.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shanghai Jundao Liquor Enterprise Development Co's current Gross Margin % is 6.23%, which is 87% below median its own 10-year median of 48.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shanghai Jundao Liquor Enterprise Development Co stock overvalued right now?
Based on GuruFocus' analysis, Shanghai Jundao Liquor Enterprise Development Co (SHSE:600696) is currently considered Fairly Valued. The stock's GF Value™ is ¥0.71, compared to a current price of ¥0.74 — trading 4.2% above its estimated fair value. The current Gross Margin % is 6.23%, which is 87% below median its 10-year median of 48.26 and 85.2% below the Beverages - Alcoholic industry median of 42.20. Shanghai Jundao Liquor Enterprise Development Co's overall GF Score™ is 14/100 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 Shanghai Jundao Liquor Enterprise Development Co (SHSE:600696), the current Gross Margin % is 6.23% 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 Shanghai Jundao Liquor Enterprise Development Co (SHSE:600696) Overvalued in 2026?

Based on GuruFocus' analysis, Shanghai Jundao Liquor Enterprise Development Co stock appears to be overvalued. The current stock price of ¥0.74 is trading 4.2% above its estimated GF Value™ of ¥0.71. GuruFocus considers Shanghai Jundao Liquor Enterprise Development Co to be Fairly Valued.

Key valuation signals for SHSE:600696:

  • Gross Margin %: 6.23% (87% below median its 10-year median of 48.26)
  • GF Value™: ¥0.71 vs. price of ¥0.74 (4.2% above fair value)
  • GF Score™: 14/100 with 7 warning signs
  • Industry Position: 85.2% below the Beverages - Alcoholic median (#158 of 205)

No single metric tells the full story. See the SHSE:600696 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shanghai Jundao Liquor Enterprise Development Co Business Description

Address Guizhou Gaojiang Winery Co., Ltd., No. 1 Rongchangba Production Area, Renhuai Famous Wine Industrial Park, Guizhou Province, Zunyi, CHN, 564510
Shanghai Jundao Liquor Enterprise Development Co Ltd is engaged in the commodity trading, commercial factoring, financial leasing, real estate operation and management, and liquor sales. Its business activities also include industrial investment, equity investment, investment consulting and management, enterprise management consulting services, and entrusted asset management.
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Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

¥0.74
Price
¥0.71
GF Value