Sanwei Holding Group Co (SHSE:603033) Gross Margin %: -1.45% (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

SHSE:603033 Sanwei Holding Group Co Ltd SHSE:603033
61 GF Score
Price ¥7.71
GF Value ¥15.65
Valuation Possible Value Trap
! 6 Warning Signs
View Full Analysis

What is Sanwei Holding Group Co Gross Margin %?

Sanwei Holding Group Co SHSE:603033 +1.85% 61 Gross Margin % is -1.45% as of Mar. 2026. GuruFocus rates SHSE:603033 with a GF Score™ of 61/100 and a GF Value™ of ¥15.65 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 2,999 Industrial Products companies, Sanwei Holding Group Co ranks worse than 97.23% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Sanwei Holding Group Co's Gross Profit for the three months ended in Mar. 2026 was ¥-17 Mil. Sanwei Holding Group Co's Revenue for the three months ended in Mar. 2026 was ¥1,165 Mil. Therefore, Sanwei Holding Group Co's Gross Margin % for the quarter that ended in Mar. 2026 was -1.45%.

Warning Sign:

Sanwei Holding Group Co Ltd gross margin has been in long-term decline. The average rate of decline per year is -35%.


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

SHSE:603033' s Gross Margin % Range Over the Past 10 Years
Min: 0.2   Med: 16.57   Max: 33.38
Current: 0.2


During the past 13 years, the highest Gross Margin % of Sanwei Holding Group Co was 33.38%. The lowest was 0.20%. And the median was 16.57%.

SHSE:603033's Gross Margin % is ranked worse than
97.23% of 2999 companies
in the Industrial Products industry
Industry Median: 26.83 vs SHSE:603033: 0.20

Sanwei Holding Group Co had a gross margin of -1.45% for the quarter that ended in Mar. 2026 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Sanwei Holding Group Co was -35.00% per year.


Sanwei Holding Group Co  (SHSE:603033) 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

Sanwei Holding Group Co had a gross margin of -1.45% 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.


Sanwei Holding Group Co Gross Margin % Related Terms


Sanwei Holding Group Co Gross Margin % Historical Data

* Premium members only.

The historical data trend for Sanwei Holding Group 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.

Sanwei Holding Group Co Gross Margin % Chart

Sanwei Holding Group 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 14.75 11.86 13.45 7.81 2.21

Sanwei Holding Group 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 7.20 6.23 -0.10 -3.61 -1.45

SHSE:603033 vs GEV, ETN, PH: Gross Margin % Comparison

For the Specialty Industrial Machinery subindustry, Sanwei Holding 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.


Sanwei Holding Group Co Gross Margin % vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Sanwei Holding Group Co's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Sanwei Holding Group Co's Gross Margin % falls into.


SHSE:603033
61GF Score
Sanwei Holding Group Co Ltd SHSE:603033
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Sanwei Holding Group Co Gross Margin % Calculation

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

Sanwei Holding Group 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 )
=103.2 / 4664.868
=(Revenue - Cost of Goods Sold) / Revenue
=(4664.868 - 4561.701) / 4664.868
=2.21 %

Sanwei Holding Group 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 )
=-16.9 / 1165.174
=(Revenue - Cost of Goods Sold) / Revenue
=(1165.174 - 1182.1) / 1165.174
=-1.45 %

* 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 -1.45% mean?
Sanwei Holding Group Co (SHSE:603033) has a Gross Margin % of -1.45% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Sanwei Holding Group Co and its competitors. Over the past decade, Sanwei Holding Group Co's Gross Margin % has ranged from 0.20 to 33.38. According to the industry distribution chart, Sanwei Holding Group Co ranks #2916 out of 2999 companies in the Industrial Products industry, placing it in the top 97.2%.
Is Sanwei Holding Group Co's Gross Margin % too high?
Sanwei Holding Group Co's current Gross Margin % is -1.45%. Over the past 10 years, this metric has ranged from a low of 0.20 to a high of 33.38. Based on the distribution chart, Sanwei Holding Group Co ranks #2916 out of 2999 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Sanwei Holding Group Co has a GF Score™ of 61/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Sanwei Holding Group Co's Gross Margin % compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Sanwei Holding Group Co ranks #2916 out of 2999 companies for Gross Margin %. This places Sanwei Holding Group Co in the lower half of its industry. The industry median Gross Margin % is 26.83. Historically, Sanwei Holding Group Co's own Gross Margin % has ranged from 0.20 to 33.38 over the past decade. 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 an Industrial Products company?
The median Gross Margin % among Industrial Products companies is 26.83, based on 2,999 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. 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 Sanwei Holding Group Co and its competitors. For the Industrial Products industry, the median Gross Margin % is 26.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sanwei Holding Group Co's current Gross Margin % is -1.45%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sanwei Holding Group Co stock overvalued right now?
Based on GuruFocus' analysis, Sanwei Holding Group Co (SHSE:603033) is currently considered Possible Value Trap. The stock's GF Value™ is ¥15.65, compared to a current price of ¥7.71 — trading 50.7% below its estimated fair value. The current Gross Margin % is -1.45%. Sanwei Holding Group Co's overall GF Score™ is 61/100 with 6 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 Sanwei Holding Group Co (SHSE:603033), the current Gross Margin % is -1.45% 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 Sanwei Holding Group Co (SHSE:603033) Overvalued in 2026?

Based on GuruFocus' analysis, Sanwei Holding Group Co stock appears to be undervalued. The current stock price of ¥7.71 is trading 50.7% below its estimated GF Value™ of ¥15.65. GuruFocus considers Sanwei Holding Group Co to be Possible Value Trap.

Key valuation signals for SHSE:603033:

  • Gross Margin %: -1.45%
  • GF Value™: ¥15.65 vs. price of ¥7.71 (50.7% below fair value)
  • GF Score™: 61/100 with 6 warning signs

No single metric tells the full story. See the SHSE:603033 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Sanwei Holding Group Co Business Description

Address Haiyou Street, Xiapeng Village, Sanmen County, Zhejiang Province, Taizhou, CHN, 317100
Sanwei Holding Group Co Ltd formerly Zhejiang Sanwei Rubber Item Co Ltd manufactures and sells conveyor belt and v belt products for bulk materials and various industrial applications. The company designs, produces, and sells conveyor belt and belt products constructed from polyester, polyester cotton, nylon, and other fabrics. The company offers EP conveyor belts, NN conveyor belts, steel cord conveyor belts, flame retardant conveyor belts, high temperature resistant conveyor belts, chevron conveyor belts, cold resistant conveyor belts, rubber v belts, raw edge cogged v belts, banded v belts, agricultural v belts, motor v belts, variable speed v belts.
61GF Score

Get the complete analysis for SHSE:603033

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

¥7.71
Price
¥15.65
GF Value