IKD Co (SHSE:600933) Gross Margin %: 27.36% (As of Mar. 2026) — Near Median

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SHSE:600933 IKD Co Ltd SHSE:600933
84 GF Score
Price ¥13.20
GF Value ¥22.32
Valuation Significantly Undervalued
! 5 Warning Signs
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What is IKD Co Gross Margin %?

IKD Co SHSE:600933 84 Gross Margin % is 27.36% as of Mar. 2026, which is 9% below its 10-year median of 30.06. GuruFocus rates SHSE:600933 with a GF Score™ of 84/100 and a GF Value™ of ¥22.32 (Significantly Undervalued). The stock has 5 warning signs investors should review. Among 1,305 Vehicles & Parts companies, IKD Co ranks better than 71.95% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. IKD Co's Gross Profit for the three months ended in Mar. 2026 was ¥526 Mil. IKD Co's Revenue for the three months ended in Mar. 2026 was ¥1,922 Mil. Therefore, IKD Co's Gross Margin % for the quarter that ended in Mar. 2026 was 27.36%.


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

SHSE:600933' s Gross Margin % Range Over the Past 10 Years
Min: 26.32   Med: 30.06   Max: 42.28
Current: 29.4


During the past 13 years, the highest Gross Margin % of IKD Co was 42.28%. The lowest was 26.32%. And the median was 30.06%.

SHSE:600933's Gross Margin % is ranked better than
71.95% of 1305 companies
in the Vehicles & Parts industry
Industry Median: 19.84 vs SHSE:600933: 29.40

IKD Co had a gross margin of 27.36% for the quarter that ended in Mar. 2026 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for IKD Co was 0.20% per year.


IKD Co  (SHSE:600933) 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

IKD Co had a gross margin of 27.36% for the quarter that ended in Mar. 2026 => Competition eroding margins


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.


IKD Co Gross Margin % Related Terms


IKD Co Gross Margin % Historical Data

* Premium members only.

The historical data trend for IKD 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.

IKD Co Gross Margin % Chart

IKD 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 26.32 27.77 28.44 27.65 29.77

IKD 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 28.73 29.74 32.59 28.13 27.36

SHSE:600933 vs ORLY, AZO: Gross Margin % Comparison

For the Auto Parts subindustry, IKD 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.


IKD Co Gross Margin % vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, IKD Co's Gross Margin % distribution charts can be found below:

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


SHSE:600933
84GF Score
IKD Co Ltd SHSE:600933
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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IKD Co Gross Margin % Calculation

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

IKD 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 )
=2207.1 / 7413.176
=(Revenue - Cost of Goods Sold) / Revenue
=(7413.176 - 5206.105) / 7413.176
=29.77 %

IKD 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 )
=525.9 / 1922.097
=(Revenue - Cost of Goods Sold) / Revenue
=(1922.097 - 1396.162) / 1922.097
=27.36 %

* 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 27.36% mean?
IKD Co (SHSE:600933) has a Gross Margin % of 27.36% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on IKD Co and its competitors. This is near median its historical median of 30.06. Over the past decade, IKD Co's Gross Margin % has ranged from 26.32 to 42.28. According to the industry distribution chart, IKD Co ranks #366 out of 1305 companies in the Vehicles & Parts industry, placing it in the top 28%.
Is IKD Co's Gross Margin % too high?
IKD Co's current Gross Margin % of 27.36% is near median its 10-year median of 30.06. Over the past 10 years, this metric has ranged from a low of 26.32 to a high of 42.28. The Vehicles & Parts industry median Gross Margin % is 19.84. IKD Co's value of 27.36% is 37.9% above this industry median. Based on the distribution chart, IKD Co ranks #366 out of 1305 companies in the Vehicles & Parts industry, which is above the industry midpoint. Overall, IKD Co has a GF Score™ of 84/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does IKD Co's Gross Margin % compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, IKD Co ranks #366 out of 1305 companies for Gross Margin %. This puts IKD Co in the upper half of its industry. The industry median Gross Margin % is 19.84. IKD Co's value of 27.36% is 37.9% above this benchmark. Historically, IKD Co's own Gross Margin % has ranged from 26.32 to 42.28 over the past decade. While the company's 10-year median is 30.06 vs. the industry median of 19.84, IKD 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 a Vehicles & Parts company?
The median Gross Margin % among Vehicles & Parts companies is 19.84, based on 1,305 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. IKD Co's current Gross Margin % of 27.36% is 37.9% 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 IKD Co and its competitors. For the Vehicles & Parts industry, the median Gross Margin % is 19.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. IKD Co's current Gross Margin % is 27.36%, which is near median its own 10-year median of 30.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IKD Co stock overvalued right now?
Based on GuruFocus' analysis, IKD Co (SHSE:600933) is currently considered Significantly Undervalued. The stock's GF Value™ is ¥22.32, compared to a current price of ¥13.20 — trading 40.9% below its estimated fair value. The current Gross Margin % is 27.36%, which is near median its 10-year median of 30.06 and 37.9% above the Vehicles & Parts industry median of 19.84. IKD Co's overall GF Score™ is 84/100 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 IKD Co (SHSE:600933), the current Gross Margin % is 27.36% 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 IKD Co (SHSE:600933) Overvalued in 2026?

Based on GuruFocus' analysis, IKD Co stock appears to be undervalued. The current stock price of ¥13.20 is trading 40.9% below its estimated GF Value™ of ¥22.32. GuruFocus considers IKD Co to be Significantly Undervalued.

Key valuation signals for SHSE:600933:

  • Gross Margin %: 27.36% (near median its 10-year median of 30.06)
  • GF Value™: ¥22.32 vs. price of ¥13.20 (40.9% below fair value)
  • GF Score™: 84/100 with 5 warning signs
  • Industry Position: 37.9% above the Vehicles & Parts median (#366 of 1305)

No single metric tells the full story. See the SHSE:600933 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


IKD Co Business Description

Address No. 588 Jin Shan Road, Jiangbei Investment Pioneering Park, Zhejiang Province, Ningbo, CHN, 315033
IKD Co Ltd is engaged in manufacturing of aluminum die casting products. The company is mainly engaged in the research and development, production and sales of automotive aluminum alloy precision casting. The production process covers the whole process of the design and development of die-casting tooling, die casting, trimming, heat treatment, precision machining, surface treatment and assembly. Its main products include automotive wiper system, transmission system, steering system, engine system, air condition system, commercial vehicle braking system.
84GF Score

Get the complete analysis for SHSE:600933

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

¥13.20
Price
¥22.32
GF Value