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SHSE:603009's Gross Margin % is ranked better than 51.3% of 1310
companies
in the Vehicles & Parts industry
Industry Median: 19.855
vs SHSE:603009: 20.25
Shanghai Beite Technology Group Co had a gross margin of 18.84% for the quarter that ended in Mar. 2026 => No sustainable competitive advantage
Shanghai Beite Technology Group Co (SHSE:603009) 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
Shanghai Beite Technology Group Co had a gross margin of 18.84% 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.
Shanghai Beite Technology Group Co Gross Margin % Related Terms
Shanghai Beite Technology 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.
Shanghai Beite Technology Group Co Gross Margin % Chart
SHSE:603009 vs ORLY, AZO: Gross Margin % Comparison
For the Auto Parts subindustry, Shanghai Beite Technology 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.
Shanghai Beite Technology Group Co Gross Margin % vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Shanghai Beite Technology Group Co's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Shanghai Beite Technology 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.
Shanghai Beite Technology Group Co (SHSE:603009) has a Gross Margin % of 18.84% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Shanghai Beite Technology Group Co and its competitors. This is near median its historical median of 19.00. Over the past decade, Shanghai Beite Technology Group Co's Gross Margin % has ranged from 16.47 to 25.57. According to the industry distribution chart, Shanghai Beite Technology Group Co ranks #638 out of 1310 companies in the Vehicles & Parts industry, placing it in the top 48.7%.
Is Shanghai Beite Technology Group Co's Gross Margin % too high?
Shanghai Beite Technology Group Co's current Gross Margin % of 18.84% is near median its 10-year median of 19.00. Over the past 10 years, this metric has ranged from a low of 16.47 to a high of 25.57. The Vehicles & Parts industry median Gross Margin % is 19.86. Shanghai Beite Technology Group Co's value of 18.84% is 5.1% below this industry median. Based on the distribution chart, Shanghai Beite Technology Group Co ranks #638 out of 1310 companies in the Vehicles & Parts industry, which is above the industry midpoint. Overall, Shanghai Beite Technology Group Co has a GF Score™ of 86/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Shanghai Beite Technology Group Co's Gross Margin % compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Shanghai Beite Technology Group Co ranks #638 out of 1310 companies for Gross Margin %. This puts Shanghai Beite Technology Group Co in the upper half of its industry. The industry median Gross Margin % is 19.86. Shanghai Beite Technology Group Co's value of 18.84% is 5.1% below this benchmark. Historically, Shanghai Beite Technology Group Co's own Gross Margin % has ranged from 16.47 to 25.57 over the past decade. While the company's 10-year median is 19.00 vs. the industry median of 19.86, Shanghai Beite Technology 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 Vehicles & Parts company?
The median Gross Margin % among Vehicles & Parts companies is 19.86, based on 1,310 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. Shanghai Beite Technology Group Co's current Gross Margin % of 18.84% is 5.1% 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 Shanghai Beite Technology Group Co and its competitors. For the Vehicles & Parts industry, the median Gross Margin % is 19.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shanghai Beite Technology Group Co's current Gross Margin % is 18.84%, which is near median its own 10-year median of 19.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shanghai Beite Technology Group Co stock overvalued right now?
Based on GuruFocus' analysis, Shanghai Beite Technology Group Co (SHSE:603009) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥41.31, compared to a current price of ¥47.99 — trading 16.2% above its estimated fair value. The current Gross Margin % is 18.84%, which is near median its 10-year median of 19.00 and 5.1% below the Vehicles & Parts industry median of 19.86. Shanghai Beite Technology Group Co's overall GF Score™ is 86/100 with 2 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 Shanghai Beite Technology Group Co (SHSE:603009), the current Gross Margin % is 18.84% 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.
Is Shanghai Beite Technology Group Co (SHSE:603009) Overvalued in 2026?
Based on GuruFocus' analysis, Shanghai Beite Technology Group Co stock appears to be overvalued.
The current stock price of ¥47.99 is trading 16.2% above its estimated GF Value™ of ¥41.31.
GuruFocus considers Shanghai Beite Technology Group Co to be Modestly Overvalued.
Key valuation signals for SHSE:603009:
Gross Margin %: 18.84% (near median its 10-year median of 19.00)
GF Value™: ¥41.31 vs. price of ¥47.99 (16.2% above fair value)
Industry Position: 5.1% below the Vehicles & Parts median (#638 of 1310)
No single metric tells the full story. See the SHSE:603009 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shanghai Beite Technology Group Co Ltd operates in the automotive parts and accessories manufacturing industry. Its automotive parts business covers three sectors: chassis parts, aluminum alloy lightweight, and air-conditioning compressors. The group manufactures metal products; imports and exports goods and technology; technology development, transfer, consulting, and services in the new materials field; business management and consulting services; research and development, and sales of automotive air conditioners and compressors (excluding special equipment); automotive air conditioning systems and their accessories; and automotive parts. Its products are Gear, Output shaft, Piston rod, CDC-ivo control valve parts, Diesel injector body, Yoke Classware, and Others.
86GF Score
Get the complete analysis for SHSE:603009
Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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