Wingtech Technology Co (SHSE:600745) Gross Margin %: 27.86% (As of Mar. 2026) — 123% Above Median


SHSE:600745 Wingtech Technology Co Ltd SHSE:600745
39 GF Score
Price ¥18.53
GF Value ¥11.09
Valuation Significantly Overvalued
! 8 Warning Signs
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What is Wingtech Technology Co Gross Margin %?

Wingtech Technology Co SHSE:600745 +3.40% 39 Gross Margin % is 27.86% as of Mar. 2026, which is 123% above its 10-year median of 12.51. GuruFocus rates SHSE:600745 with a GF Score™ of 39/100 and a GF Value™ of ¥11.09 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 2,450 Hardware companies, Wingtech Technology Co ranks worse than 57.31% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Wingtech Technology Co's Gross Profit for the three months ended in Mar. 2026 was ¥227 Mil. Wingtech Technology Co's Revenue for the three months ended in Mar. 2026 was ¥816 Mil. Therefore, Wingtech Technology Co's Gross Margin % for the quarter that ended in Mar. 2026 was 27.86%.

Warning Sign:

Wingtech Technology Co Ltd gross margin has been in long-term decline. The average rate of decline per year is -1.6%.


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

SHSE:600745' s Gross Margin % Range Over the Past 10 Years
Min: 8.02   Med: 12.51   Max: 21.53
Current: 21.53


During the past 13 years, the highest Gross Margin % of Wingtech Technology Co was 21.53%. The lowest was 8.02%. And the median was 12.51%.

SHSE:600745's Gross Margin % is ranked worse than
57.31% of 2450 companies
in the Hardware industry
Industry Median: 24.5 vs SHSE:600745: 21.53

Wingtech Technology Co had a gross margin of 27.86% for the quarter that ended in Mar. 2026 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Wingtech Technology Co was -1.60% per year.


Wingtech Technology Co  (SHSE:600745) 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

Wingtech Technology Co had a gross margin of 27.86% for the quarter that ended in Mar. 2026 => Competition eroding margins


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.


Wingtech Technology Co Gross Margin % Related Terms


Wingtech Technology Co Gross Margin % Historical Data

* Premium members only.

The historical data trend for Wingtech Technology 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.

Wingtech Technology Co Gross Margin % Chart

Wingtech Technology 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 16.17 18.16 16.08 9.77 18.19

Wingtech Technology 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 13.97 13.52 35.49 42.47 27.86

SHSE:600745 vs CSCO, CIEN, MSI: Gross Margin % Comparison

For the Communication Equipment subindustry, Wingtech Technology 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.


Wingtech Technology Co Gross Margin % vs Hardware Industry

For the Hardware industry and Technology sector, Wingtech Technology Co's Gross Margin % distribution charts can be found below:

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


SHSE:600745
39GF Score
Wingtech Technology Co Ltd SHSE:600745
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Wingtech Technology Co Gross Margin % Calculation

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

Wingtech Technology 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 )
=5686.3 / 31252.528
=(Revenue - Cost of Goods Sold) / Revenue
=(31252.528 - 25566.237) / 31252.528
=18.19 %

Wingtech Technology 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 )
=227.4 / 816.413
=(Revenue - Cost of Goods Sold) / Revenue
=(816.413 - 588.973) / 816.413
=27.86 %

* 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 27.86% mean?
Wingtech Technology Co (SHSE:600745) has a Gross Margin % of 27.86% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Wingtech Technology Co and its competitors. This is 123% above median its historical median of 12.51. Over the past decade, Wingtech Technology Co's Gross Margin % has ranged from 8.02 to 21.53. According to the industry distribution chart, Wingtech Technology Co ranks #1404 out of 2450 companies in the Hardware industry, placing it in the top 57.3%.
Is Wingtech Technology Co's Gross Margin % too high?
Wingtech Technology Co's current Gross Margin % of 27.86% is 123% above median its 10-year median of 12.51. Over the past 10 years, this metric has ranged from a low of 8.02 to a high of 21.53. The Hardware industry median Gross Margin % is 24.50. Wingtech Technology Co's value of 27.86% is 13.7% above this industry median. Based on the distribution chart, Wingtech Technology Co ranks #1404 out of 2450 companies in the Hardware industry, which is below the industry midpoint. Overall, Wingtech Technology Co has a GF Score™ of 39/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Wingtech Technology Co's Gross Margin % compare to CSCO and CIEN?
According to the Hardware industry distribution chart, Wingtech Technology Co ranks #1404 out of 2450 companies for Gross Margin %. This places Wingtech Technology Co in the lower half of its industry. The industry median Gross Margin % is 24.50. Wingtech Technology Co's value of 27.86% is 13.7% above this benchmark. Historically, Wingtech Technology Co's own Gross Margin % has ranged from 8.02 to 21.53 over the past decade. While the company's 10-year median is 12.51 vs. the industry median of 24.50, Wingtech Technology 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 Hardware company?
The median Gross Margin % among Hardware companies is 24.50, based on 2,450 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. Wingtech Technology Co's current Gross Margin % of 27.86% is 13.7% 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 Wingtech Technology Co and its competitors. For the Hardware industry, the median Gross Margin % is 24.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Wingtech Technology Co's current Gross Margin % is 27.86%, which is 123% above median its own 10-year median of 12.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wingtech Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Wingtech Technology Co (SHSE:600745) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥11.09, compared to a current price of ¥18.53 — trading 67.1% above its estimated fair value. The current Gross Margin % is 27.86%, which is 123% above median its 10-year median of 12.51 and 13.7% above the Hardware industry median of 24.50. Wingtech Technology Co's overall GF Score™ is 39/100 with 8 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 Wingtech Technology Co (SHSE:600745), the current Gross Margin % is 27.86% 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 Wingtech Technology Co (SHSE:600745) Overvalued in 2026?

Based on GuruFocus' analysis, Wingtech Technology Co stock appears to be overvalued. The current stock price of ¥18.53 is trading 67.1% above its estimated GF Value™ of ¥11.09. GuruFocus considers Wingtech Technology Co to be Significantly Overvalued.

Key valuation signals for SHSE:600745:

  • Gross Margin %: 27.86% (123% above median its 10-year median of 12.51)
  • GF Value™: ¥11.09 vs. price of ¥18.53 (67.1% above fair value)
  • GF Score™: 39/100 with 8 warning signs
  • Industry Position: 13.7% above the Hardware median (#1404 of 2450)

No single metric tells the full story. See the SHSE:600745 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Wingtech Technology Co Business Description

Address No. 777, Yazhong Road, Nanhu District, Zhejiang Province, Jiaxing, CHN, 314000
Wingtech Technology Co Ltd is a China-based semiconductor and product integration company that integrates R&D, design, and production manufacturing. The company's operations are organized into three segments. The Product Integration Business Segment focuses on designing and producing mobile internet devices, with smartphones being the core product line. The Semiconductor Business Segment is dedicated to the innovation, development, and fabrication of semiconductor components. The Other Business Segment includes various supplementary operations that support the company's overall activities.
39GF Score

Get the complete analysis for SHSE:600745

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

¥18.53
Price
¥11.09
GF Value