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Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Harbin Hatou Investment CoSHSE:600864 +0.35%58 Gross Margin % is 68.19% as of Jun. 2026, which is 23% above its 10-year median of 55.46. GuruFocus rates SHSE:600864 with a GF Score™ of 58/100 and a GF Value™ of ¥6.81 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 487 Utilities - Regulated companies, Harbin Hatou Investment Co ranks better than 77% on this metric.
SHSE:600864's Gross Margin % is ranked better than 77% of 487
companies
in the Utilities - Regulated industry
Industry Median: 30.95
vs SHSE:600864: 47.62
Harbin Hatou Investment Co had a gross margin of 68.19% for the quarter that ended in Jun. 2026 => Durable competitive advantage
Harbin Hatou Investment Co (SHSE:600864) 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
Harbin Hatou Investment Co had a gross margin of 68.19% for the quarter that ended in Jun. 2026 => Durable 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.
Harbin Hatou Investment Co Gross Margin % Related Terms
Harbin Hatou Investment Co Gross Margin % Historical Data
* 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.
SHSE:600864 vs NEE, SO, DUK: Gross Margin % Comparison
For the Utilities - Regulated Electric subindustry, Harbin Hatou Investment 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.
Harbin Hatou Investment Co Gross Margin % vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Harbin Hatou Investment Co's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Harbin Hatou Investment 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.
Harbin Hatou Investment Co (SHSE:600864) has a Gross Margin % of 68.19% as of Jun. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Harbin Hatou Investment Co and its competitors. This is 23% above median its historical median of 55.46. Over the past decade, Harbin Hatou Investment Co's Gross Margin % has ranged from 37.59 to 65.33. According to the industry distribution chart, Harbin Hatou Investment Co ranks #112 out of 487 companies in the Utilities - Regulated industry, placing it in the top 23%.
Is Harbin Hatou Investment Co's Gross Margin % too high?
Harbin Hatou Investment Co's current Gross Margin % of 68.19% is 23% above median its 10-year median of 55.46. Over the past 10 years, this metric has ranged from a low of 37.59 to a high of 65.33. The Utilities - Regulated industry median Gross Margin % is 30.95. Harbin Hatou Investment Co's value of 68.19% is 120.3% above this industry median. Based on the distribution chart, Harbin Hatou Investment Co ranks #112 out of 487 companies in the Utilities - Regulated industry, which is in the top quartile — a strong position relative to peers. Overall, Harbin Hatou Investment Co has a GF Score™ of 58/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Harbin Hatou Investment Co's Gross Margin % compare to NEE and SO?
According to the Utilities - Regulated industry distribution chart, Harbin Hatou Investment Co ranks #112 out of 487 companies for Gross Margin %. This places Harbin Hatou Investment Co in the top 23% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 30.95. Harbin Hatou Investment Co's value of 68.19% is 120.3% above this benchmark. Historically, Harbin Hatou Investment Co's own Gross Margin % has ranged from 37.59 to 65.33 over the past decade. While the company's 10-year median is 55.46 vs. the industry median of 30.95, Harbin Hatou Investment 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 an Utilities - Regulated company?
The median Gross Margin % among Utilities - Regulated companies is 30.95, based on 487 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. Harbin Hatou Investment Co's current Gross Margin % of 68.19% is 120.3% 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 Harbin Hatou Investment Co and its competitors. For the Utilities - Regulated industry, the median Gross Margin % is 30.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Harbin Hatou Investment Co's current Gross Margin % is 68.19%, which is 23% above median its own 10-year median of 55.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Harbin Hatou Investment Co stock overvalued right now?
Based on GuruFocus' analysis, Harbin Hatou Investment Co (SHSE:600864) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥6.81, compared to a current price of ¥5.73 — trading 15.9% below its estimated fair value. The current Gross Margin % is 68.19%, which is 23% above median its 10-year median of 55.46 and 120.3% above the Utilities - Regulated industry median of 30.95. Harbin Hatou Investment Co's overall GF Score™ is 58/100 with 6 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 Harbin Hatou Investment Co (SHSE:600864), the current Gross Margin % is 68.19% as of Jun. 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 Harbin Hatou Investment Co (SHSE:600864) Overvalued in 2026?
Based on GuruFocus' analysis, Harbin Hatou Investment Co stock appears to be undervalued.
The current stock price of ¥5.73 is trading 15.9% below its estimated GF Value™ of ¥6.81.
GuruFocus considers Harbin Hatou Investment Co to be Modestly Undervalued.
Key valuation signals for SHSE:600864:
Gross Margin %: 68.19% (23% above median its 10-year median of 55.46)
GF Value™: ¥6.81 vs. price of ¥5.73 (15.9% below fair value)
Industry Position: 120.3% above the Utilities - Regulated median (#112 of 487)
No single metric tells the full story. See the SHSE:600864 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Harbin Hatou Investment Co Ltd is engaged in the generation and supply of heat and electric power using coal. The Company is also engaged in forest harvesting, timber distribution and real estate development.
58GF Score
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