Sichuan Changhong Electric Co (SHSE:600839) Gross Margin %: 8.42% (As of Mar. 2026) — 26% Below Median


SHSE:600839 Sichuan Changhong Electric Co Ltd SHSE:600839
54 GF Score
Price ¥6.60
GF Value ¥8.92
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Sichuan Changhong Electric Co Gross Margin %?

Sichuan Changhong Electric Co SHSE:600839 -1.49% 54 Gross Margin % is 8.42% as of Mar. 2026, which is 26% below its 10-year median of 11.35. GuruFocus rates SHSE:600839 with a GF Score™ of 54/100 and a GF Value™ of ¥8.92 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 415 Furnishings, Fixtures & Appliances companies, Sichuan Changhong Electric Co ranks worse than 92.29% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Sichuan Changhong Electric Co's Gross Profit for the three months ended in Mar. 2026 was ¥2,297 Mil. Sichuan Changhong Electric Co's Revenue for the three months ended in Mar. 2026 was ¥27,276 Mil. Therefore, Sichuan Changhong Electric Co's Gross Margin % for the quarter that ended in Mar. 2026 was 8.42%.

Warning Sign:

Sichuan Changhong Electric Co Ltd gross margin has been in long-term decline. The average rate of decline per year is -1.2%.


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

SHSE:600839' s Gross Margin % Range Over the Past 10 Years
Min: 9.06   Med: 11.35   Max: 14.28
Current: 9.06


During the past 13 years, the highest Gross Margin % of Sichuan Changhong Electric Co was 14.28%. The lowest was 9.06%. And the median was 11.35%.

SHSE:600839's Gross Margin % is ranked worse than
92.29% of 415 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 29.36 vs SHSE:600839: 9.06

Sichuan Changhong Electric Co had a gross margin of 8.42% for the quarter that ended in Mar. 2026 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Sichuan Changhong Electric Co was -1.20% per year.


Sichuan Changhong Electric Co  (SHSE:600839) 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

Sichuan Changhong Electric Co had a gross margin of 8.42% 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.


Sichuan Changhong Electric Co Gross Margin % Related Terms


Sichuan Changhong Electric Co Gross Margin % Historical Data

* Premium members only.

The historical data trend for Sichuan Changhong Electric 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.

Sichuan Changhong Electric Co Gross Margin % Chart

Sichuan Changhong Electric 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 9.97 11.62 11.18 10.02 9.42

Sichuan Changhong Electric 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 9.88 9.28 8.94 9.57 8.42

SHSE:600839 vs SN, SGI, MHK: Gross Margin % Comparison

For the Furnishings, Fixtures & Appliances subindustry, Sichuan Changhong Electric 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.


Sichuan Changhong Electric Co Gross Margin % vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Sichuan Changhong Electric Co's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Sichuan Changhong Electric Co's Gross Margin % falls into.


SHSE:600839
54GF Score
Sichuan Changhong Electric Co Ltd SHSE:600839
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Sichuan Changhong Electric Co Gross Margin % Calculation

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

Sichuan Changhong Electric 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 )
=10250.7 / 108815.802
=(Revenue - Cost of Goods Sold) / Revenue
=(108815.802 - 98565.127) / 108815.802
=9.42 %

Sichuan Changhong Electric 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 )
=2297.3 / 27276.41
=(Revenue - Cost of Goods Sold) / Revenue
=(27276.41 - 24979.103) / 27276.41
=8.42 %

* 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 8.42% mean?
Sichuan Changhong Electric Co (SHSE:600839) has a Gross Margin % of 8.42% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Sichuan Changhong Electric Co and its competitors. This is 26% below median its historical median of 11.35. Over the past decade, Sichuan Changhong Electric Co's Gross Margin % has ranged from 9.06 to 14.28. According to the industry distribution chart, Sichuan Changhong Electric Co ranks #383 out of 415 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 92.3%.
Is Sichuan Changhong Electric Co's Gross Margin % too high?
Sichuan Changhong Electric Co's current Gross Margin % of 8.42% is 26% below median its 10-year median of 11.35. Over the past 10 years, this metric has ranged from a low of 9.06 to a high of 14.28. The Furnishings, Fixtures & Appliances industry median Gross Margin % is 29.36. Sichuan Changhong Electric Co's value of 8.42% is 71.3% below this industry median. Based on the distribution chart, Sichuan Changhong Electric Co ranks #383 out of 415 companies in the Furnishings, Fixtures & Appliances industry, which is in the bottom quartile relative to peers. Overall, Sichuan Changhong Electric Co has a GF Score™ of 54/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Sichuan Changhong Electric Co's Gross Margin % compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Sichuan Changhong Electric Co ranks #383 out of 415 companies for Gross Margin %. This places Sichuan Changhong Electric Co in the lower half of its industry. The industry median Gross Margin % is 29.36. Sichuan Changhong Electric Co's value of 8.42% is 71.3% below this benchmark. Historically, Sichuan Changhong Electric Co's own Gross Margin % has ranged from 9.06 to 14.28 over the past decade. While the company's 10-year median is 11.35 vs. the industry median of 29.36, Sichuan Changhong Electric 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 Furnishings, Fixtures & Appliances company?
The median Gross Margin % among Furnishings, Fixtures & Appliances companies is 29.36, based on 415 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. Sichuan Changhong Electric Co's current Gross Margin % of 8.42% is 71.3% 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 Sichuan Changhong Electric Co and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Gross Margin % is 29.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sichuan Changhong Electric Co's current Gross Margin % is 8.42%, which is 26% below median its own 10-year median of 11.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sichuan Changhong Electric Co stock overvalued right now?
Based on GuruFocus' analysis, Sichuan Changhong Electric Co (SHSE:600839) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥8.92, compared to a current price of ¥6.60 — trading 26% below its estimated fair value. The current Gross Margin % is 8.42%, which is 26% below median its 10-year median of 11.35 and 71.3% below the Furnishings, Fixtures & Appliances industry median of 29.36. Sichuan Changhong Electric Co's overall GF Score™ is 54/100 with 4 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 Sichuan Changhong Electric Co (SHSE:600839), the current Gross Margin % is 8.42% 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 Sichuan Changhong Electric Co (SHSE:600839) Overvalued in 2026?

Based on GuruFocus' analysis, Sichuan Changhong Electric Co stock appears to be undervalued. The current stock price of ¥6.60 is trading 26% below its estimated GF Value™ of ¥8.92. GuruFocus considers Sichuan Changhong Electric Co to be Modestly Undervalued.

Key valuation signals for SHSE:600839:

  • Gross Margin %: 8.42% (26% below median its 10-year median of 11.35)
  • GF Value™: ¥8.92 vs. price of ¥6.60 (26% below fair value)
  • GF Score™: 54/100 with 4 warning signs
  • Industry Position: 71.3% below the Furnishings, Fixtures & Appliances median (#383 of 415)

No single metric tells the full story. See the SHSE:600839 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Sichuan Changhong Electric Co Business Description

Address No. 35, Mianxing East Road, High-tech Zone, Sichuan Province, Mianyang, CHN, 621000
Sichuan Changhong Electric Co Ltd is a China-based manufacturer and distributor of electronics and home appliances. It specializes in research and development, manufacturing, and marketing of various series of products, including TVs, refrigerators, air conditioners, cell phones, electronic components, compressors, and IT-integrated service businesses represented by mass distribution of digital products and cloud computing value-added services.
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Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

¥6.60
Price
¥8.92
GF Value