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Dawning Information Industry Co (SHSE:603019) 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
Dawning Information Industry Co had a gross margin of 27.73% for the quarter that ended in Jun. 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.
Dawning Information Industry Co Gross Margin % Related Terms
Dawning Information Industry 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.
Dawning Information Industry Co Gross Margin % Chart
SHSE:603019 vs DELL, ANET, SNDK: Gross Margin % Comparison
For the Computer Hardware subindustry, Dawning Information Industry 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.
Dawning Information Industry Co Gross Margin % vs Hardware Industry
For the Hardware industry and Technology sector, Dawning Information Industry Co's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Dawning Information Industry 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.
Dawning Information Industry Co (SHSE:603019) has a Gross Margin % of 27.73% as of Jun. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Dawning Information Industry Co and its competitors. This is 21% above median its historical median of 22.97. Over the past decade, Dawning Information Industry Co's Gross Margin % has ranged from 17.41 to 30.58. According to the industry distribution chart, Dawning Information Industry Co ranks #972 out of 2457 companies in the Hardware industry, placing it in the top 39.6%.
Is Dawning Information Industry Co's Gross Margin % too high?
Dawning Information Industry Co's current Gross Margin % of 27.73% is 21% above median its 10-year median of 22.97. Over the past 10 years, this metric has ranged from a low of 17.41 to a high of 30.58. The Hardware industry median Gross Margin % is 24.67. Dawning Information Industry Co's value of 27.73% is 12.4% above this industry median. Based on the distribution chart, Dawning Information Industry Co ranks #972 out of 2457 companies in the Hardware industry, which is above the industry midpoint. Overall, Dawning Information Industry Co has a GF Score™ of 92/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Dawning Information Industry Co's Gross Margin % compare to DELL and ANET?
According to the Hardware industry distribution chart, Dawning Information Industry Co ranks #972 out of 2457 companies for Gross Margin %. This puts Dawning Information Industry Co in the upper half of its industry. The industry median Gross Margin % is 24.67. Dawning Information Industry Co's value of 27.73% is 12.4% above this benchmark. Historically, Dawning Information Industry Co's own Gross Margin % has ranged from 17.41 to 30.58 over the past decade. While the company's 10-year median is 22.97 vs. the industry median of 24.67, Dawning Information Industry 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 Hardware company?
The median Gross Margin % among Hardware companies is 24.67, based on 2,457 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. Dawning Information Industry Co's current Gross Margin % of 27.73% is 12.4% 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 Dawning Information Industry Co and its competitors. For the Hardware industry, the median Gross Margin % is 24.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Dawning Information Industry Co's current Gross Margin % is 27.73%, which is 21% above median its own 10-year median of 22.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dawning Information Industry Co stock overvalued right now?
Based on GuruFocus' analysis, Dawning Information Industry Co (SHSE:603019) is currently considered Fairly Valued. The stock's GF Value™ is ¥83.34, compared to a current price of ¥86.67 — trading 4% above its estimated fair value. The current Gross Margin % is 27.73%, which is 21% above median its 10-year median of 22.97 and 12.4% above the Hardware industry median of 24.67. Dawning Information Industry Co's overall GF Score™ is 92/100 with 3 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 Dawning Information Industry Co (SHSE:603019), the current Gross Margin % is 27.73% as of Jun. 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 Dawning Information Industry Co (SHSE:603019) Overvalued in 2026?
Based on GuruFocus' analysis, Dawning Information Industry Co stock appears to be overvalued.
The current stock price of ¥86.67 is trading 4% above its estimated GF Value™ of ¥83.34.
GuruFocus considers Dawning Information Industry Co to be Fairly Valued.
Key valuation signals for SHSE:603019:
Gross Margin %: 27.73% (21% above median its 10-year median of 22.97)
GF Value™: ¥83.34 vs. price of ¥86.67 (4% above fair value)
Industry Position: 12.4% above the Hardware median (#972 of 2457)
No single metric tells the full story. See the SHSE:603019 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Dawning Information Industry Co Ltd is engaged in the research and development and manufacturing of core IT equipment, the company provides high-end computers, storage products and integrated services for cloud computing and big data.
92GF Score
Get the complete analysis for SHSE:603019
Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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