Shanghai Tongji Science & Technology Industrial Co (SHSE:600846) Gross Margin %: 15.12% (As of Mar. 2026) — 10% Below Median

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SHSE:600846 Shanghai Tongji Science & Technology Industrial Co Ltd SHSE:600846
55 GF Score
Price ¥10.71
GF Value ¥9.85
Valuation Fairly Valued
! 7 Warning Signs
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What is Shanghai Tongji Science & Technology Industrial Co Gross Margin %?

Shanghai Tongji Science & Technology Industrial Co SHSE:600846 -2.90% 55 Gross Margin % is 15.12% as of Mar. 2026, which is 10% below its 10-year median of 16.71. GuruFocus rates SHSE:600846 with a GF Score™ of 55/100 and a GF Value™ of ¥9.85 (Fairly Valued). The stock has 7 warning signs investors should review. Among 1,725 Construction companies, Shanghai Tongji Science & Technology Industrial Co ranks worse than 67.54% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Shanghai Tongji Science & Technology Industrial Co's Gross Profit for the three months ended in Mar. 2026 was ¥154 Mil. Shanghai Tongji Science & Technology Industrial Co's Revenue for the three months ended in Mar. 2026 was ¥1,019 Mil. Therefore, Shanghai Tongji Science & Technology Industrial Co's Gross Margin % for the quarter that ended in Mar. 2026 was 15.12%.

Warning Sign:

Shanghai Tongji Science & Technology Industrial Co Ltd gross margin has been in long-term decline. The average rate of decline per year is -13.1%.


The historical rank and industry rank for Shanghai Tongji Science & Technology Industrial Co's Gross Margin % or its related term are showing as below:

SHSE:600846' s Gross Margin % Range Over the Past 10 Years
Min: 10.07   Med: 16.71   Max: 32.31
Current: 14.17


During the past 13 years, the highest Gross Margin % of Shanghai Tongji Science & Technology Industrial Co was 32.31%. The lowest was 10.07%. And the median was 16.71%.

SHSE:600846's Gross Margin % is ranked worse than
67.54% of 1725 companies
in the Construction industry
Industry Median: 20.7 vs SHSE:600846: 14.17

Shanghai Tongji Science & Technology Industrial Co had a gross margin of 15.12% for the quarter that ended in Mar. 2026 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Shanghai Tongji Science & Technology Industrial Co was -13.10% per year.


Shanghai Tongji Science & Technology Industrial Co  (SHSE:600846) 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 Tongji Science & Technology Industrial Co had a gross margin of 15.12% 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 Tongji Science & Technology Industrial Co Gross Margin % Related Terms


Shanghai Tongji Science & Technology Industrial Co Gross Margin % Historical Data

* Premium members only.

The historical data trend for Shanghai Tongji Science & Technology Industrial 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 Tongji Science & Technology Industrial Co Gross Margin % Chart

Shanghai Tongji Science & Technology Industrial 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 16.06 14.15 10.07 10.63 13.33

Shanghai Tongji Science & Technology Industrial 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 11.08 18.23 11.20 13.66 15.12

SHSE:600846 vs PWR, FIX, EME: Gross Margin % Comparison

For the Engineering & Construction subindustry, Shanghai Tongji Science & Technology Industrial 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 Tongji Science & Technology Industrial Co Gross Margin % vs Construction Industry

For the Construction industry and Industrials sector, Shanghai Tongji Science & Technology Industrial Co's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Shanghai Tongji Science & Technology Industrial Co's Gross Margin % falls into.


SHSE:600846
55GF Score
Shanghai Tongji Science & Technology Industrial Co Ltd SHSE:600846
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Shanghai Tongji Science & Technology Industrial Co Gross Margin % Calculation

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

Shanghai Tongji Science & Technology Industrial 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 )
=591.9 / 4441.663
=(Revenue - Cost of Goods Sold) / Revenue
=(4441.663 - 3849.743) / 4441.663
=13.33 %

Shanghai Tongji Science & Technology Industrial 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 )
=154.2 / 1019.402
=(Revenue - Cost of Goods Sold) / Revenue
=(1019.402 - 865.235) / 1019.402
=15.12 %

* 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 15.12% mean?
Shanghai Tongji Science & Technology Industrial Co (SHSE:600846) has a Gross Margin % of 15.12% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Shanghai Tongji Science & Technology Industrial Co and its competitors. This is 10% below median its historical median of 16.71. Over the past decade, Shanghai Tongji Science & Technology Industrial Co's Gross Margin % has ranged from 10.07 to 32.31. According to the industry distribution chart, Shanghai Tongji Science & Technology Industrial Co ranks #1165 out of 1725 companies in the Construction industry, placing it in the top 67.5%.
Is Shanghai Tongji Science & Technology Industrial Co's Gross Margin % too high?
Shanghai Tongji Science & Technology Industrial Co's current Gross Margin % of 15.12% is 10% below median its 10-year median of 16.71. Over the past 10 years, this metric has ranged from a low of 10.07 to a high of 32.31. The Construction industry median Gross Margin % is 20.70. Shanghai Tongji Science & Technology Industrial Co's value of 15.12% is 27% below this industry median. Based on the distribution chart, Shanghai Tongji Science & Technology Industrial Co ranks #1165 out of 1725 companies in the Construction industry, which is below the industry midpoint. Overall, Shanghai Tongji Science & Technology Industrial Co has a GF Score™ of 55/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Shanghai Tongji Science & Technology Industrial Co's Gross Margin % compare to PWR and FIX?
According to the Construction industry distribution chart, Shanghai Tongji Science & Technology Industrial Co ranks #1165 out of 1725 companies for Gross Margin %. This places Shanghai Tongji Science & Technology Industrial Co in the lower half of its industry. The industry median Gross Margin % is 20.70. Shanghai Tongji Science & Technology Industrial Co's value of 15.12% is 27% below this benchmark. Historically, Shanghai Tongji Science & Technology Industrial Co's own Gross Margin % has ranged from 10.07 to 32.31 over the past decade. While the company's 10-year median is 16.71 vs. the industry median of 20.70, Shanghai Tongji Science & Technology Industrial 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 Construction company?
The median Gross Margin % among Construction companies is 20.70, based on 1,725 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 Tongji Science & Technology Industrial Co's current Gross Margin % of 15.12% is 27% 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 Tongji Science & Technology Industrial Co and its competitors. For the Construction industry, the median Gross Margin % is 20.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shanghai Tongji Science & Technology Industrial Co's current Gross Margin % is 15.12%, which is 10% below median its own 10-year median of 16.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shanghai Tongji Science & Technology Industrial Co stock overvalued right now?
Based on GuruFocus' analysis, Shanghai Tongji Science & Technology Industrial Co (SHSE:600846) is currently considered Fairly Valued. The stock's GF Value™ is ¥9.85, compared to a current price of ¥10.71 — trading 8.7% above its estimated fair value. The current Gross Margin % is 15.12%, which is 10% below median its 10-year median of 16.71 and 27% below the Construction industry median of 20.70. Shanghai Tongji Science & Technology Industrial Co's overall GF Score™ is 55/100 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 Tongji Science & Technology Industrial Co (SHSE:600846), the current Gross Margin % is 15.12% 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 Tongji Science & Technology Industrial Co (SHSE:600846) Overvalued in 2026?

Based on GuruFocus' analysis, Shanghai Tongji Science & Technology Industrial Co stock appears to be overvalued. The current stock price of ¥10.71 is trading 8.7% above its estimated GF Value™ of ¥9.85. GuruFocus considers Shanghai Tongji Science & Technology Industrial Co to be Fairly Valued.

Key valuation signals for SHSE:600846:

  • Gross Margin %: 15.12% (10% below median its 10-year median of 16.71)
  • GF Value™: ¥9.85 vs. price of ¥10.71 (8.7% above fair value)
  • GF Score™: 55/100 with 7 warning signs
  • Industry Position: 27% below the Construction median (#1165 of 1725)

No single metric tells the full story. See the SHSE:600846 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shanghai Tongji Science & Technology Industrial Co Business Description

Address No. 1398 Siping Road, 20th Floor, Block B, Tongji Union Plaza, Shanghai, CHN, 200092
Shanghai Tongji Science & Technology Industrial Co Ltd is engaged in Engineering construction and consulting services, science park value-added services and base operation and management, environmental engineering technology services and investment operation, real estate development business.
55GF Score

Get the complete analysis for SHSE:600846

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

¥10.71
Price
¥9.85
GF Value