Zhejiang Wansheng Co (SHSE:603010) Gross Margin %: 15.69% (As of Mar. 2026) — 30% Below Median

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SHSE:603010 Zhejiang Wansheng Co Ltd SHSE:603010
61 GF Score
Price ¥10.90
GF Value ¥11.03
Valuation Fairly Valued
! 8 Warning Signs
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What is Zhejiang Wansheng Co Gross Margin %?

Zhejiang Wansheng Co SHSE:603010 +1.02% 61 Gross Margin % is 15.69% as of Mar. 2026, which is 30% below its 10-year median of 22.38. GuruFocus rates SHSE:603010 with a GF Score™ of 61/100 and a GF Value™ of ¥11.03 (Fairly Valued). The stock has 8 warning signs investors should review. Among 1,560 Chemicals companies, Zhejiang Wansheng Co ranks worse than 66.79% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Zhejiang Wansheng Co's Gross Profit for the three months ended in Mar. 2026 was ¥154 Mil. Zhejiang Wansheng Co's Revenue for the three months ended in Mar. 2026 was ¥980 Mil. Therefore, Zhejiang Wansheng Co's Gross Margin % for the quarter that ended in Mar. 2026 was 15.69%.

Warning Sign:

Zhejiang Wansheng Co Ltd gross margin has been in long-term decline. The average rate of decline per year is -11.7%.


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

SHSE:603010' s Gross Margin % Range Over the Past 10 Years
Min: 17.24   Med: 22.38   Max: 32.7
Current: 17.24


During the past 13 years, the highest Gross Margin % of Zhejiang Wansheng Co was 32.70%. The lowest was 17.24%. And the median was 22.38%.

SHSE:603010's Gross Margin % is ranked worse than
66.79% of 1560 companies
in the Chemicals industry
Industry Median: 23.545 vs SHSE:603010: 17.24

Zhejiang Wansheng Co had a gross margin of 15.69% for the quarter that ended in Mar. 2026 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Zhejiang Wansheng Co was -11.70% per year.


Zhejiang Wansheng Co  (SHSE:603010) 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 Wansheng Co had a gross margin of 15.69% 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.


Zhejiang Wansheng Co Gross Margin % Related Terms


Zhejiang Wansheng Co Gross Margin % Historical Data

* Premium members only.

The historical data trend for Zhejiang Wansheng 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 Wansheng Co Gross Margin % Chart

Zhejiang Wansheng 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 32.70 22.12 18.98 18.48 18.30

Zhejiang Wansheng 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 19.91 18.19 18.87 16.46 15.69

SHSE:603010 vs LIN, SHW, ECL: Gross Margin % Comparison

For the Specialty Chemicals subindustry, Zhejiang Wansheng 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 Wansheng Co Gross Margin % vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Zhejiang Wansheng Co's Gross Margin % distribution charts can be found below:

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


SHSE:603010
61GF Score
Zhejiang Wansheng Co Ltd SHSE:603010
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Zhejiang Wansheng Co Gross Margin % Calculation

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

Zhejiang Wansheng 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 )
=618 / 3377.789
=(Revenue - Cost of Goods Sold) / Revenue
=(3377.789 - 2759.744) / 3377.789
=18.30 %

Zhejiang Wansheng 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 )
=153.9 / 980.487
=(Revenue - Cost of Goods Sold) / Revenue
=(980.487 - 826.623) / 980.487
=15.69 %

* 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 15.69% mean?
Zhejiang Wansheng Co (SHSE:603010) has a Gross Margin % of 15.69% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Zhejiang Wansheng Co and its competitors. This is 30% below median its historical median of 22.38. Over the past decade, Zhejiang Wansheng Co's Gross Margin % has ranged from 17.24 to 32.70. According to the industry distribution chart, Zhejiang Wansheng Co ranks #1042 out of 1560 companies in the Chemicals industry, placing it in the top 66.8%.
Is Zhejiang Wansheng Co's Gross Margin % too high?
Zhejiang Wansheng Co's current Gross Margin % of 15.69% is 30% below median its 10-year median of 22.38. Over the past 10 years, this metric has ranged from a low of 17.24 to a high of 32.70. The Chemicals industry median Gross Margin % is 23.55. Zhejiang Wansheng Co's value of 15.69% is 33.4% below this industry median. Based on the distribution chart, Zhejiang Wansheng Co ranks #1042 out of 1560 companies in the Chemicals industry, which is below the industry midpoint. Overall, Zhejiang Wansheng Co has a GF Score™ of 61/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Zhejiang Wansheng Co's Gross Margin % compare to LIN and SHW?
According to the Chemicals industry distribution chart, Zhejiang Wansheng Co ranks #1042 out of 1560 companies for Gross Margin %. This places Zhejiang Wansheng Co in the lower half of its industry. The industry median Gross Margin % is 23.55. Zhejiang Wansheng Co's value of 15.69% is 33.4% below this benchmark. Historically, Zhejiang Wansheng Co's own Gross Margin % has ranged from 17.24 to 32.70 over the past decade. While the company's 10-year median is 22.38 vs. the industry median of 23.55, Zhejiang Wansheng 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 Chemicals company?
The median Gross Margin % among Chemicals companies is 23.55, based on 1,560 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 Wansheng Co's current Gross Margin % of 15.69% is 33.4% 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 Wansheng Co and its competitors. For the Chemicals industry, the median Gross Margin % is 23.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zhejiang Wansheng Co's current Gross Margin % is 15.69%, which is 30% below median its own 10-year median of 22.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhejiang Wansheng Co stock overvalued right now?
Based on GuruFocus' analysis, Zhejiang Wansheng Co (SHSE:603010) is currently considered Fairly Valued. The stock's GF Value™ is ¥11.03, compared to a current price of ¥10.90 — trading 1.2% below its estimated fair value. The current Gross Margin % is 15.69%, which is 30% below median its 10-year median of 22.38 and 33.4% below the Chemicals industry median of 23.55. Zhejiang Wansheng Co's overall GF Score™ is 61/100 with 8 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 Wansheng Co (SHSE:603010), the current Gross Margin % is 15.69% 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 Zhejiang Wansheng Co (SHSE:603010) Overvalued in 2026?

Based on GuruFocus' analysis, Zhejiang Wansheng Co stock appears to be undervalued. The current stock price of ¥10.90 is trading 1.2% below its estimated GF Value™ of ¥11.03. GuruFocus considers Zhejiang Wansheng Co to be Fairly Valued.

Key valuation signals for SHSE:603010:

  • Gross Margin %: 15.69% (30% below median its 10-year median of 22.38)
  • GF Value™: ¥11.03 vs. price of ¥10.90 (1.2% below fair value)
  • GF Score™: 61/100 with 8 warning signs
  • Industry Position: 33.4% below the Chemicals median (#1042 of 1560)

No single metric tells the full story. See the SHSE:603010 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Zhejiang Wansheng Co Business Description

Address Liangshui Development Zone, No. 8, Jujing Road, Zhejiang Province, Linhai, CHN
Zhejiang Wansheng Co Ltd is a China-based chemical producer. The company is engaged in the manufacturing and sale of organic phosphorus-based flame retardants for rigid and flexible foam, special amines, and cardanol based curing agents and diluents. Its products are mainly used in the aerospace, automotive, electronics, construction, and furniture industry. The firm has a global presence and its products are exported to various countries and regions including the United States, Europe, South America, South Korea, Japan, and Southeast Asia.
61GF Score

Get the complete analysis for SHSE:603010

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

¥10.90
Price
¥11.03
GF Value