Zhejiang Zhenshi New Materials Co (SHSE:601112) Gross Margin %: 21.84% (As of Mar. 2026) — 14% Below Median

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SHSE:601112 Zhejiang Zhenshi New Materials Co Ltd SHSE:601112
11 GF Score
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What is Zhejiang Zhenshi New Materials Co Gross Margin %?

Zhejiang Zhenshi New Materials Co SHSE:601112 -2.00% 11 Gross Margin % is 21.84% as of Mar. 2026, which is 14% below its 10-year median of 25.35. GuruFocus rates SHSE:601112 with a GF Score™ of 11/100. The stock has 3 warning signs investors should review. Among 2,996 Industrial Products companies, Zhejiang Zhenshi New Materials Co ranks worse than 64.32% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Zhejiang Zhenshi New Materials Co's Gross Profit for the three months ended in Mar. 2026 was ¥356 Mil. Zhejiang Zhenshi New Materials Co's Revenue for the three months ended in Mar. 2026 was ¥1,630 Mil. Therefore, Zhejiang Zhenshi New Materials Co's Gross Margin % for the quarter that ended in Mar. 2026 was 21.84%.


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

SHSE:601112' s Gross Margin % Range Over the Past 10 Years
Min: 21.76   Med: 25.35   Max: 26.57
Current: 21.76


During the past 4 years, the highest Gross Margin % of Zhejiang Zhenshi New Materials Co was 26.57%. The lowest was 21.76%. And the median was 25.35%.

SHSE:601112's Gross Margin % is ranked worse than
64.32% of 2996 companies
in the Industrial Products industry
Industry Median: 26.8 vs SHSE:601112: 21.76

Zhejiang Zhenshi New Materials Co had a gross margin of 21.84% for the quarter that ended in Mar. 2026 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Zhejiang Zhenshi New Materials Co was 0.00% per year.


Zhejiang Zhenshi New Materials Co  (SHSE:601112) 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

Zhejiang Zhenshi New Materials Co had a gross margin of 21.84% 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.


Zhejiang Zhenshi New Materials Co Gross Margin % Related Terms


Zhejiang Zhenshi New Materials Co Gross Margin % Historical Data

* Premium members only.

The historical data trend for Zhejiang Zhenshi New Materials 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.

Zhejiang Zhenshi New Materials Co Gross Margin % Chart

Zhejiang Zhenshi New Materials Co Annual Data
Trend Dec22 Dec23 Dec24 Dec25
Gross Margin %
24.30 26.40 26.57 22.73

Zhejiang Zhenshi New Materials Co Quarterly Data
Dec22 Dec23 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Gross Margin % Get a 7-Day Free Trial Premium Member Only 27.02 25.33 20.51 19.36 21.84

SHSE:601112 vs GEV, ETN, PH: Gross Margin % Comparison

For the Specialty Industrial Machinery subindustry, Zhejiang Zhenshi New Materials 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.


Zhejiang Zhenshi New Materials Co Gross Margin % vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Zhejiang Zhenshi New Materials Co's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Zhejiang Zhenshi New Materials Co's Gross Margin % falls into.


SHSE:601112
11GF Score
Zhejiang Zhenshi New Materials Co Ltd SHSE:601112
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Zhejiang Zhenshi New Materials Co Gross Margin % Calculation

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

Zhejiang Zhenshi New Materials 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 )
=1637.3 / 7202.377
=(Revenue - Cost of Goods Sold) / Revenue
=(7202.377 - 5565.03) / 7202.377
=22.73 %

Zhejiang Zhenshi New Materials 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 )
=356.1 / 1630.375
=(Revenue - Cost of Goods Sold) / Revenue
=(1630.375 - 1274.28) / 1630.375
=21.84 %

* 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 21.84% mean?
Zhejiang Zhenshi New Materials Co (SHSE:601112) has a Gross Margin % of 21.84% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Zhejiang Zhenshi New Materials Co and its competitors. This is 14% below median its historical median of 25.35. Over the past decade, Zhejiang Zhenshi New Materials Co's Gross Margin % has ranged from 21.76 to 26.57. According to the industry distribution chart, Zhejiang Zhenshi New Materials Co ranks #1927 out of 2996 companies in the Industrial Products industry, placing it in the top 64.3%.
Is Zhejiang Zhenshi New Materials Co's Gross Margin % too high?
Zhejiang Zhenshi New Materials Co's current Gross Margin % of 21.84% is 14% below median its 10-year median of 25.35. Over the past 10 years, this metric has ranged from a low of 21.76 to a high of 26.57. The Industrial Products industry median Gross Margin % is 26.80. Zhejiang Zhenshi New Materials Co's value of 21.84% is 18.5% below this industry median. Based on the distribution chart, Zhejiang Zhenshi New Materials Co ranks #1927 out of 2996 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Zhejiang Zhenshi New Materials Co has a GF Score™ of 11/100, reflecting its overall financial health beyond just this single metric.
How does Zhejiang Zhenshi New Materials Co's Gross Margin % compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Zhejiang Zhenshi New Materials Co ranks #1927 out of 2996 companies for Gross Margin %. This places Zhejiang Zhenshi New Materials Co in the lower half of its industry. The industry median Gross Margin % is 26.80. Zhejiang Zhenshi New Materials Co's value of 21.84% is 18.5% below this benchmark. Historically, Zhejiang Zhenshi New Materials Co's own Gross Margin % has ranged from 21.76 to 26.57 over the past decade. While the company's 10-year median is 25.35 vs. the industry median of 26.80, Zhejiang Zhenshi New Materials 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 an Industrial Products company?
The median Gross Margin % among Industrial Products companies is 26.80, based on 2,996 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. Zhejiang Zhenshi New Materials Co's current Gross Margin % of 21.84% is 18.5% 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 Zhejiang Zhenshi New Materials Co and its competitors. For the Industrial Products industry, the median Gross Margin % is 26.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zhejiang Zhenshi New Materials Co's current Gross Margin % is 21.84%, which is 14% below median its own 10-year median of 25.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhejiang Zhenshi New Materials Co stock overvalued right now?
Zhejiang Zhenshi New Materials Co (SHSE:601112) has a current Gross Margin % of 21.84%. The current Gross Margin % is 21.84%, which is 14% below median its 10-year median of 25.35 and 18.5% below the Industrial Products industry median of 26.80. Zhejiang Zhenshi New Materials Co's overall GF Score™ is 11/100 with 3 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 Zhejiang Zhenshi New Materials Co (SHSE:601112), the current Gross Margin % is 21.84% 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.

Zhejiang Zhenshi New Materials Co Business Description

Address No. 1 Guangyun South Road, Tongxiang Economic Development Zone, Zhejiang Province, Tongxiang, CHN, 314500
Zhejiang Zhenshi New Materials Co Ltd is engaged in the research and development, production, and sale of fiber reinforcement materials for clean energy applications. Its activities include the manufacturing and sale of fiberglass, glass fiber reinforced plastic products, high-performance fibers and composites, as well as related power electronic components. The company specializes in the research and development, production and sales of high-performance fiber weaving, thermosetting and thermoplastic composite products. The products are used in new energy wind power, solar photovoltaic, new energy vehicles, transportation, building materials and home furnishings.
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