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.
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.
Ningbo Jintian Copper Group Co (SHSE:601609) 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
Ningbo Jintian Copper Group Co had a gross margin of 2.18% 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.
Ningbo Jintian Copper Group Co Gross Margin % Related Terms
Ningbo Jintian Copper Group 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.
Ningbo Jintian Copper Group Co Gross Margin % Chart
SHSE:601609 vs SCCO, FCX: Gross Margin % Comparison
For the Copper subindustry, Ningbo Jintian Copper Group 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.
Ningbo Jintian Copper Group Co Gross Margin % vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Ningbo Jintian Copper Group Co's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Ningbo Jintian Copper Group 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.
Ningbo Jintian Copper Group Co (SHSE:601609) has a Gross Margin % of 2.18% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Ningbo Jintian Copper Group Co and its competitors. This is 33% below median its historical median of 3.25. Over the past decade, Ningbo Jintian Copper Group Co's Gross Margin % has ranged from 1.96 to 4.12. According to the industry distribution chart, Ningbo Jintian Copper Group Co ranks #646 out of 731 companies in the Metals & Mining industry, placing it in the top 88.4%.
Is Ningbo Jintian Copper Group Co's Gross Margin % too high?
Ningbo Jintian Copper Group Co's current Gross Margin % of 2.18% is 33% below median its 10-year median of 3.25. Over the past 10 years, this metric has ranged from a low of 1.96 to a high of 4.12. The Metals & Mining industry median Gross Margin % is 26.20. Ningbo Jintian Copper Group Co's value of 2.18% is 91.7% below this industry median. Based on the distribution chart, Ningbo Jintian Copper Group Co ranks #646 out of 731 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, Ningbo Jintian Copper Group Co has a GF Score™ of 80/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ningbo Jintian Copper Group Co's Gross Margin % compare to SCCO and FCX?
According to the Metals & Mining industry distribution chart, Ningbo Jintian Copper Group Co ranks #646 out of 731 companies for Gross Margin %. This places Ningbo Jintian Copper Group Co in the lower half of its industry. The industry median Gross Margin % is 26.20. Ningbo Jintian Copper Group Co's value of 2.18% is 91.7% below this benchmark. Historically, Ningbo Jintian Copper Group Co's own Gross Margin % has ranged from 1.96 to 4.12 over the past decade. While the company's 10-year median is 3.25 vs. the industry median of 26.20, Ningbo Jintian Copper Group 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 Metals & Mining company?
The median Gross Margin % among Metals & Mining companies is 26.20, based on 731 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. Ningbo Jintian Copper Group Co's current Gross Margin % of 2.18% is 91.7% 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 Ningbo Jintian Copper Group Co and its competitors. For the Metals & Mining industry, the median Gross Margin % is 26.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ningbo Jintian Copper Group Co's current Gross Margin % is 2.18%, which is 33% below median its own 10-year median of 3.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ningbo Jintian Copper Group Co stock overvalued right now?
Based on GuruFocus' analysis, Ningbo Jintian Copper Group Co (SHSE:601609) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥7.59, compared to a current price of ¥9.62 — trading 26.7% above its estimated fair value. The current Gross Margin % is 2.18%, which is 33% below median its 10-year median of 3.25 and 91.7% below the Metals & Mining industry median of 26.20. Ningbo Jintian Copper Group Co's overall GF Score™ is 80/100 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 Ningbo Jintian Copper Group Co (SHSE:601609), the current Gross Margin % is 2.18% 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 Ningbo Jintian Copper Group Co (SHSE:601609) Overvalued in 2026?
Based on GuruFocus' analysis, Ningbo Jintian Copper Group Co stock appears to be overvalued.
The current stock price of ¥9.62 is trading 26.7% above its estimated GF Value™ of ¥7.59.
GuruFocus considers Ningbo Jintian Copper Group Co to be Modestly Overvalued.
Key valuation signals for SHSE:601609:
Gross Margin %: 2.18% (33% below median its 10-year median of 3.25)
GF Value™: ¥7.59 vs. price of ¥9.62 (26.7% above fair value)
Industry Position: 91.7% below the Metals & Mining median (#646 of 731)
No single metric tells the full story. See the SHSE:601609 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ningbo Jintian Copper Group Co Business Description
Ningbo Jintian Copper Group Co Ltd is engaged in production and sales of recycled copper smelting, copper product processing, deep processing and sintered NdFeB permanent magnet materials. Its activity includes nonferrous and ferrous metal rolling, processing; manufacturing and processing of grinding wheels, wires, motors, hardware, valves, electronic components, fasteners; enameled wire, electrolytic copper, copper rods, plates, tapes, wires, tubes, magnetic materials, stainless steel products.
80GF Score
Get the complete analysis for SHSE:601609
Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
SHSE:601609 has been successfully added to your 
