Jiangsu Jiangnan Water Co (SHSE:601199) Gross Margin %: 40.72% (As of Mar. 2026) — 15% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

SHSE:601199 Jiangsu Jiangnan Water Co Ltd SHSE:601199
75 GF Score
Price ¥6.00
GF Value ¥5.66
Valuation Fairly Valued
! 9 Warning Signs
View Full Analysis

What is Jiangsu Jiangnan Water Co Gross Margin %?

Jiangsu Jiangnan Water Co SHSE:601199 -3.38% 75 Gross Margin % is 40.72% as of Mar. 2026, which is 15% below its 10-year median of 48.06. GuruFocus rates SHSE:601199 with a GF Score™ of 75/100 and a GF Value™ of ¥5.66 (Fairly Valued). The stock has 9 warning signs investors should review. Among 490 Utilities - Regulated companies, Jiangsu Jiangnan Water Co ranks better than 66.94% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Jiangsu Jiangnan Water Co's Gross Profit for the three months ended in Mar. 2026 was ¥123 Mil. Jiangsu Jiangnan Water Co's Revenue for the three months ended in Mar. 2026 was ¥302 Mil. Therefore, Jiangsu Jiangnan Water Co's Gross Margin % for the quarter that ended in Mar. 2026 was 40.72%.

Warning Sign:

Jiangsu Jiangnan Water Co Ltd gross margin has been in long-term decline. The average rate of decline per year is -7.3%.


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

SHSE:601199' s Gross Margin % Range Over the Past 10 Years
Min: 35.47   Med: 48.06   Max: 54.21
Current: 39.22


During the past 13 years, the highest Gross Margin % of Jiangsu Jiangnan Water Co was 54.21%. The lowest was 35.47%. And the median was 48.06%.

SHSE:601199's Gross Margin % is ranked better than
66.94% of 490 companies
in the Utilities - Regulated industry
Industry Median: 30.755 vs SHSE:601199: 39.22

Jiangsu Jiangnan Water Co had a gross margin of 40.72% for the quarter that ended in Mar. 2026 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Jiangsu Jiangnan Water Co was -7.30% per year.


Jiangsu Jiangnan Water Co  (SHSE:601199) 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

Jiangsu Jiangnan Water Co had a gross margin of 40.72% for the quarter that ended in Mar. 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.


Jiangsu Jiangnan Water Co Gross Margin % Related Terms


Jiangsu Jiangnan Water Co Gross Margin % Historical Data

* Premium members only.

The historical data trend for Jiangsu Jiangnan Water 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.

Jiangsu Jiangnan Water Co Gross Margin % Chart

Jiangsu Jiangnan Water 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 50.49 43.14 40.42 35.47 38.71

Jiangsu Jiangnan Water 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 38.27 41.11 38.91 37.03 40.72

SHSE:601199 vs AWK, WTRG, AWR: Gross Margin % Comparison

For the Utilities - Regulated Water subindustry, Jiangsu Jiangnan Water 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.


Jiangsu Jiangnan Water Co Gross Margin % vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Jiangsu Jiangnan Water Co's Gross Margin % distribution charts can be found below:

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


SHSE:601199
75GF Score
Jiangsu Jiangnan Water Co Ltd SHSE:601199
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Jiangsu Jiangnan Water Co Gross Margin % Calculation

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

Jiangsu Jiangnan Water 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 )
=564.6 / 1458.403
=(Revenue - Cost of Goods Sold) / Revenue
=(1458.403 - 893.815) / 1458.403
=38.71 %

Jiangsu Jiangnan Water 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 )
=123.1 / 302.311
=(Revenue - Cost of Goods Sold) / Revenue
=(302.311 - 179.205) / 302.311
=40.72 %

* 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 40.72% mean?
Jiangsu Jiangnan Water Co (SHSE:601199) has a Gross Margin % of 40.72% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Jiangsu Jiangnan Water Co and its competitors. This is 15% below median its historical median of 48.06. Over the past decade, Jiangsu Jiangnan Water Co's Gross Margin % has ranged from 35.47 to 54.21. According to the industry distribution chart, Jiangsu Jiangnan Water Co ranks #162 out of 490 companies in the Utilities - Regulated industry, placing it in the top 33.1%.
Is Jiangsu Jiangnan Water Co's Gross Margin % too high?
Jiangsu Jiangnan Water Co's current Gross Margin % of 40.72% is 15% below median its 10-year median of 48.06. Over the past 10 years, this metric has ranged from a low of 35.47 to a high of 54.21. The Utilities - Regulated industry median Gross Margin % is 30.76. Jiangsu Jiangnan Water Co's value of 40.72% is 32.4% above this industry median. Based on the distribution chart, Jiangsu Jiangnan Water Co ranks #162 out of 490 companies in the Utilities - Regulated industry, which is above the industry midpoint. Overall, Jiangsu Jiangnan Water Co has a GF Score™ of 75/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Jiangsu Jiangnan Water Co's Gross Margin % compare to AWK and WTRG?
According to the Utilities - Regulated industry distribution chart, Jiangsu Jiangnan Water Co ranks #162 out of 490 companies for Gross Margin %. This puts Jiangsu Jiangnan Water Co in the upper half of its industry. The industry median Gross Margin % is 30.76. Jiangsu Jiangnan Water Co's value of 40.72% is 32.4% above this benchmark. Historically, Jiangsu Jiangnan Water Co's own Gross Margin % has ranged from 35.47 to 54.21 over the past decade. While the company's 10-year median is 48.06 vs. the industry median of 30.76, Jiangsu Jiangnan Water 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 30.76, based on 490 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. Jiangsu Jiangnan Water Co's current Gross Margin % of 40.72% is 32.4% 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 Jiangsu Jiangnan Water Co and its competitors. For the Utilities - Regulated industry, the median Gross Margin % is 30.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Jiangsu Jiangnan Water Co's current Gross Margin % is 40.72%, which is 15% below median its own 10-year median of 48.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jiangsu Jiangnan Water Co stock overvalued right now?
Based on GuruFocus' analysis, Jiangsu Jiangnan Water Co (SHSE:601199) is currently considered Fairly Valued. The stock's GF Value™ is ¥5.66, compared to a current price of ¥6.00 — trading 6% above its estimated fair value. The current Gross Margin % is 40.72%, which is 15% below median its 10-year median of 48.06 and 32.4% above the Utilities - Regulated industry median of 30.76. Jiangsu Jiangnan Water Co's overall GF Score™ is 75/100 with 9 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 Jiangsu Jiangnan Water Co (SHSE:601199), the current Gross Margin % is 40.72% 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 Jiangsu Jiangnan Water Co (SHSE:601199) Overvalued in 2026?

Based on GuruFocus' analysis, Jiangsu Jiangnan Water Co stock appears to be overvalued. The current stock price of ¥6.00 is trading 6% above its estimated GF Value™ of ¥5.66. GuruFocus considers Jiangsu Jiangnan Water Co to be Fairly Valued.

Key valuation signals for SHSE:601199:

  • Gross Margin %: 40.72% (15% below median its 10-year median of 48.06)
  • GF Value™: ¥5.66 vs. price of ¥6.00 (6% above fair value)
  • GF Score™: 75/100 with 9 warning signs
  • Industry Position: 32.4% above the Utilities - Regulated median (#162 of 490)

No single metric tells the full story. See the SHSE:601199 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Jiangsu Jiangnan Water Co Business Description

Address No. 66, Binjiang Yangtze River Road, Jiangsu Province, Jiangyin, CHN, 214432
Jiangsu Jiangnan Water Co Ltd is engaged in the Production and sale of tap water, tap water drainage and related water treatment businesses.
75GF Score

Get the complete analysis for SHSE:601199

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

¥6.00
Price
¥5.66
GF Value