Ningbo Marine CoSHSE:600798 +0.96%67 Gross Margin % is 2.99% as of Mar. 2026, which is 87% below its 10-year median of 23.54. GuruFocus rates SHSE:600798 with a GF Score™ of 67/100 and a GF Value™ of ¥3.79 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 978 Transportation companies, Ningbo Marine Co ranks worse than 85.17% on this metric.
Ningbo Marine Co Ltd gross margin has been in long-term decline. The average rate of decline per year is -22.9%.
The historical rank and industry rank for Ningbo Marine Co's Gross Margin % or its related term are showing as below:
SHSE:600798'
s Gross Margin % Range Over the Past 10 Years
Min: 7.11 Med: 23.54 Max: 30.41
Current: 7.67
During the past 13 years, the highestGross Margin % of Ningbo Marine Co was 30.41%. The lowest was 7.11%. And the median was 23.54%.
SHSE:600798's Gross Margin % is ranked worse than 85.17% of 978
companies
in the Transportation industry
Industry Median: 20.5
vs SHSE:600798: 7.67
Ningbo Marine Co had a gross margin of 2.99% for the quarter that ended in Mar. 2026 => No sustainable competitive advantage
The 5-Year average Growth Rate of Gross Margin for Ningbo Marine Co was -22.90% per year.
Ningbo Marine Co (SHSE:600798) 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
Ningbo Marine Co had a gross margin of 2.99% 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.
Ningbo Marine Co Gross Margin % Related Terms
Ningbo Marine Co Gross Margin % Historical Data
* Premium members only.
The historical data trend for Ningbo Marine 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.
Ningbo Marine Co Gross Margin % Competitor Comparison
For the Marine Shipping subindustry, Ningbo Marine 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.
Ningbo Marine Co Gross Margin % vs Transportation Industry
For the Transportation industry and Industrials sector, Ningbo Marine Co's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Ningbo Marine 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.
Ningbo Marine Co (SHSE:600798) has a Gross Margin % of 2.99% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Ningbo Marine Co and its competitors. This is 87% below median its historical median of 23.54. Over the past decade, Ningbo Marine Co's Gross Margin % has ranged from 7.11 to 30.41. According to the industry distribution chart, Ningbo Marine Co ranks #833 out of 978 companies in the Transportation industry, placing it in the top 85.2%.
Is Ningbo Marine Co's Gross Margin % too high?
Ningbo Marine Co's current Gross Margin % of 2.99% is 87% below median its 10-year median of 23.54. Over the past 10 years, this metric has ranged from a low of 7.11 to a high of 30.41. The Transportation industry median Gross Margin % is 20.50. Ningbo Marine Co's value of 2.99% is 85.4% below this industry median. Based on the distribution chart, Ningbo Marine Co ranks #833 out of 978 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, Ningbo Marine Co has a GF Score™ of 67/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ningbo Marine Co's Gross Margin % compare to competitors?
According to the Transportation industry distribution chart, Ningbo Marine Co ranks #833 out of 978 companies for Gross Margin %. This places Ningbo Marine Co in the lower half of its industry. The industry median Gross Margin % is 20.50. Ningbo Marine Co's value of 2.99% is 85.4% below this benchmark. Historically, Ningbo Marine Co's own Gross Margin % has ranged from 7.11 to 30.41 over the past decade. While the company's 10-year median is 23.54 vs. the industry median of 20.50, Ningbo Marine 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. Ningbo Marine Co's current Gross Margin % of 2.99% is 85.4% 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 Ningbo Marine 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. Ningbo Marine Co's current Gross Margin % is 2.99%, which is 87% below median its own 10-year median of 23.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ningbo Marine Co stock overvalued right now?
Based on GuruFocus' analysis, Ningbo Marine Co (SHSE:600798) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥3.79, compared to a current price of ¥3.16 — trading 16.6% below its estimated fair value. The current Gross Margin % is 2.99%, which is 87% below median its 10-year median of 23.54 and 85.4% below the Transportation industry median of 20.50. Ningbo Marine Co's overall GF Score™ is 67/100 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 Ningbo Marine Co (SHSE:600798), the current Gross Margin % is 2.99% 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 Ningbo Marine Co (SHSE:600798) Overvalued in 2026?
Based on GuruFocus' analysis, Ningbo Marine Co stock appears to be undervalued.
The current stock price of ¥3.16 is trading 16.6% below its estimated GF Value™ of ¥3.79.
GuruFocus considers Ningbo Marine Co to be Modestly Undervalued.
Key valuation signals for SHSE:600798:
Gross Margin %: 2.99% (87% below median its 10-year median of 23.54)
GF Value™: ¥3.79 vs. price of ¥3.16 (16.6% below fair value)
Industry Position: 85.4% below the Transportation median (#833 of 978)
No single metric tells the full story. See the SHSE:600798 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ningbo Marine Co Ltd is a China-based company mainly engaged in the transportation of goods on China's coastal Yangtze River, as well as international ocean shipping and investing in transportation infrastructure and transportation service facilities. Its activities include transportation service facilities; import and export of self-operated and agent goods and technologies, except for goods and technologies that are restricted or prohibited by the state; apply for training, examinations, provide related activities such as manning for domestic sailing ships, and others.
67GF Score
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