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Hainan Mining CoSHSE:601969 -1.32%82 Gross Margin % is 25.78% as of Mar. 2026, which is 3% above its 10-year median of 25.07. GuruFocus rates SHSE:601969 with a GF Score™ of 82/100 and a GF Value™ of ¥8.59 (Fairly Valued). The stock has 5 warning signs investors should review. Among 594 Steel companies, Hainan Mining Co ranks better than 78.62% on this metric.
The historical rank and industry rank for Hainan Mining Co's Gross Margin % or its related term are showing as below:
SHSE:601969'
s Gross Margin % Range Over the Past 10 Years
Min: 14.39 Med: 25.07 Max: 48.53
Current: 25.31
During the past 13 years, the highestGross Margin % of Hainan Mining Co was 48.53%. The lowest was 14.39%. And the median was 25.07%.
SHSE:601969's Gross Margin % is ranked better than 78.62% of 594
companies
in the Steel industry
Industry Median: 12.55
vs SHSE:601969: 25.31
Hainan Mining Co had a gross margin of 25.78% for the quarter that ended in Mar. 2026 => Competition eroding margins
The 5-Year average Growth Rate of Gross Margin for Hainan Mining Co was 0.40% per year.
Hainan Mining Co (SHSE:601969) 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
Hainan Mining Co had a gross margin of 25.78% 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.
Hainan Mining Co Gross Margin % Related Terms
Hainan Mining Co Gross Margin % Historical Data
* Premium members only.
The historical data trend for Hainan Mining 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.
SHSE:601969 vs NUE, STLD, RS: Gross Margin % Comparison
For the Steel subindustry, Hainan Mining 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.
Hainan Mining Co Gross Margin % vs Steel Industry
For the Steel industry and Basic Materials sector, Hainan Mining Co's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Hainan Mining 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.
Hainan Mining Co (SHSE:601969) has a Gross Margin % of 25.78% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Hainan Mining Co and its competitors. This is near median its historical median of 25.07. Over the past decade, Hainan Mining Co's Gross Margin % has ranged from 14.39 to 48.53. According to the industry distribution chart, Hainan Mining Co ranks #127 out of 594 companies in the Steel industry, placing it in the top 21.4%.
Is Hainan Mining Co's Gross Margin % too high?
Hainan Mining Co's current Gross Margin % of 25.78% is near median its 10-year median of 25.07. Over the past 10 years, this metric has ranged from a low of 14.39 to a high of 48.53. The Steel industry median Gross Margin % is 12.55. Hainan Mining Co's value of 25.78% is 105.4% above this industry median. Based on the distribution chart, Hainan Mining Co ranks #127 out of 594 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, Hainan Mining Co has a GF Score™ of 82/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Hainan Mining Co's Gross Margin % compare to NUE and STLD?
According to the Steel industry distribution chart, Hainan Mining Co ranks #127 out of 594 companies for Gross Margin %. This places Hainan Mining Co in the top 21% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 12.55. Hainan Mining Co's value of 25.78% is 105.4% above this benchmark. Historically, Hainan Mining Co's own Gross Margin % has ranged from 14.39 to 48.53 over the past decade. While the company's 10-year median is 25.07 vs. the industry median of 12.55, Hainan Mining 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 Steel company?
The median Gross Margin % among Steel companies is 12.55, based on 594 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. Hainan Mining Co's current Gross Margin % of 25.78% is 105.4% 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 Hainan Mining Co and its competitors. For the Steel industry, the median Gross Margin % is 12.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hainan Mining Co's current Gross Margin % is 25.78%, which is near median its own 10-year median of 25.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hainan Mining Co stock overvalued right now?
Based on GuruFocus' analysis, Hainan Mining Co (SHSE:601969) is currently considered Fairly Valued. The stock's GF Value™ is ¥8.59, compared to a current price of ¥8.23 — trading 4.2% below its estimated fair value. The current Gross Margin % is 25.78%, which is near median its 10-year median of 25.07 and 105.4% above the Steel industry median of 12.55. Hainan Mining Co's overall GF Score™ is 82/100 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 Hainan Mining Co (SHSE:601969), the current Gross Margin % is 25.78% 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 Hainan Mining Co (SHSE:601969) Overvalued in 2026?
Based on GuruFocus' analysis, Hainan Mining Co stock appears to be undervalued.
The current stock price of ¥8.23 is trading 4.2% below its estimated GF Value™ of ¥8.59.
GuruFocus considers Hainan Mining Co to be Fairly Valued.
Key valuation signals for SHSE:601969:
Gross Margin %: 25.78% (near median its 10-year median of 25.07)
GF Value™: ¥8.59 vs. price of ¥8.23 (4.2% below fair value)
Industry Position: 105.4% above the Steel median (#127 of 594)
No single metric tells the full story. See the SHSE:601969 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hainan Mining Co Ltd is a China-based company engages in the business of iron ore mining. It offers a range of product that is lump ore, fine ore, and iron fine powder to iron and steel companies. It holds an interest in Shilu, a multi-metal and non-metallic mineral deposit located in China.
82GF Score
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