CMST Development Co (SHSE:600787) Gross Margin %: 2.89% (As of Mar. 2026) — Near Median


SHSE:600787 CMST Development Co Ltd SHSE:600787
59 GF Score
Price ¥4.36
GF Value ¥5.26
Valuation Modestly Undervalued
! 3 Warning Signs
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What is CMST Development Co Gross Margin %?

CMST Development Co SHSE:600787 59 Gross Margin % is 2.89% as of Mar. 2026, which is 4% below its 10-year median of 3.01. GuruFocus rates SHSE:600787 with a GF Score™ of 59/100 and a GF Value™ of ¥5.26 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 978 Transportation companies, CMST Development Co ranks worse than 93.66% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. CMST Development Co's Gross Profit for the three months ended in Mar. 2026 was ¥515 Mil. CMST Development Co's Revenue for the three months ended in Mar. 2026 was ¥17,844 Mil. Therefore, CMST Development Co's Gross Margin % for the quarter that ended in Mar. 2026 was 2.89%.


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

SHSE:600787' s Gross Margin % Range Over the Past 10 Years
Min: 2.18   Med: 3.01   Max: 4.98
Current: 2.91


During the past 13 years, the highest Gross Margin % of CMST Development Co was 4.98%. The lowest was 2.18%. And the median was 3.01%.

SHSE:600787's Gross Margin % is ranked worse than
93.66% of 978 companies
in the Transportation industry
Industry Median: 20.5 vs SHSE:600787: 2.91

CMST Development Co had a gross margin of 2.89% for the quarter that ended in Mar. 2026 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for CMST Development Co was 3.60% per year.


CMST Development Co  (SHSE:600787) 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

CMST Development Co had a gross margin of 2.89% 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.


CMST Development Co Gross Margin % Related Terms


CMST Development Co Gross Margin % Historical Data

* Premium members only.

The historical data trend for CMST 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.

CMST Development Co Gross Margin % Chart

CMST 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 2.20 2.18 2.87 3.07 3.00

CMST 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 3.35 3.02 2.94 2.80 2.89

SHSE:600787 vs UPS, FDX, JBHT: Gross Margin % Comparison

For the Integrated Freight & Logistics subindustry, CMST 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.


CMST Development Co Gross Margin % vs Transportation Industry

For the Transportation industry and Industrials sector, CMST Development Co's Gross Margin % distribution charts can be found below:

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


SHSE:600787
59GF Score
CMST Development Co Ltd SHSE:600787
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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CMST Development Co Gross Margin % Calculation

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

CMST 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 )
=2030.8 / 67685.258
=(Revenue - Cost of Goods Sold) / Revenue
=(67685.258 - 65654.489) / 67685.258
=3.00 %

CMST 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 )
=515.5 / 17843.906
=(Revenue - Cost of Goods Sold) / Revenue
=(17843.906 - 17328.435) / 17843.906
=2.89 %

* 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 2.89% mean?
CMST Development Co (SHSE:600787) has a Gross Margin % of 2.89% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on CMST Development Co and its competitors. This is near median its historical median of 3.01. Over the past decade, CMST Development Co's Gross Margin % has ranged from 2.18 to 4.98. According to the industry distribution chart, CMST Development Co ranks #916 out of 978 companies in the Transportation industry, placing it in the top 93.7%.
Is CMST Development Co's Gross Margin % too high?
CMST Development Co's current Gross Margin % of 2.89% is near median its 10-year median of 3.01. Over the past 10 years, this metric has ranged from a low of 2.18 to a high of 4.98. The Transportation industry median Gross Margin % is 20.50. CMST Development Co's value of 2.89% is 85.9% below this industry median. Based on the distribution chart, CMST Development Co ranks #916 out of 978 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, CMST Development Co has a GF Score™ of 59/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does CMST Development Co's Gross Margin % compare to UPS and FDX?
According to the Transportation industry distribution chart, CMST Development Co ranks #916 out of 978 companies for Gross Margin %. This places CMST Development Co in the lower half of its industry. The industry median Gross Margin % is 20.50. CMST Development Co's value of 2.89% is 85.9% below this benchmark. Historically, CMST Development Co's own Gross Margin % has ranged from 2.18 to 4.98 over the past decade. While the company's 10-year median is 3.01 vs. the industry median of 20.50, CMST 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 Transportation company?
The median Gross Margin % among Transportation companies is 20.50, based on 978 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. CMST Development Co's current Gross Margin % of 2.89% is 85.9% 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 CMST Development Co and its competitors. For the Transportation industry, the median Gross Margin % is 20.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CMST Development Co's current Gross Margin % is 2.89%, which is near median its own 10-year median of 3.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CMST Development Co stock overvalued right now?
Based on GuruFocus' analysis, CMST Development Co (SHSE:600787) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥5.26, compared to a current price of ¥4.36 — trading 17.1% below its estimated fair value. The current Gross Margin % is 2.89%, which is near median its 10-year median of 3.01 and 85.9% below the Transportation industry median of 20.50. CMST Development Co's overall GF Score™ is 59/100 with 3 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 CMST Development Co (SHSE:600787), the current Gross Margin % is 2.89% 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 CMST Development Co (SHSE:600787) Overvalued in 2026?

Based on GuruFocus' analysis, CMST Development Co stock appears to be undervalued. The current stock price of ¥4.36 is trading 17.1% below its estimated GF Value™ of ¥5.26. GuruFocus considers CMST Development Co to be Modestly Undervalued.

Key valuation signals for SHSE:600787:

  • Gross Margin %: 2.89% (near median its 10-year median of 3.01)
  • GF Value™: ¥5.26 vs. price of ¥4.36 (17.1% below fair value)
  • GF Score™: 59/100 with 3 warning signs
  • Industry Position: 85.9% below the Transportation median (#916 of 978)

No single metric tells the full story. See the SHSE:600787 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


CMST Development Co Business Description

Address Fenghuangzui Street, 27th-28th Floors, Block A, Dingxing Building, No. 5 Courtyard, Fengtai District, Beijing, CHN, 100073
CMST Development Co Ltd is engaged in Modern integrated logistics encompassing futures and spot delivery logistics, bulk commodity supply chains, Internet+ logistics, engineering logistics, consumer goods logistics, and financial logistics.
59GF Score

Get the complete analysis for SHSE:600787

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

¥4.36
Price
¥5.26
GF Value