Ningbo Lehui International Engineering Equipment Co (SHSE:603076) Gross Margin %: 21.55% (As of Mar. 2026) — 11% Below Median

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SHSE:603076 Ningbo Lehui International Engineering Equipment Co Ltd SHSE:603076
70 GF Score
Price ¥18.75
GF Value ¥30.33
Valuation Possible Value Trap
! 7 Warning Signs
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What is Ningbo Lehui International Engineering Equipment Co Gross Margin %?

Ningbo Lehui International Engineering Equipment Co SHSE:603076 +3.59% 70 Gross Margin % is 21.55% as of Mar. 2026, which is 11% below its 10-year median of 24.33. GuruFocus rates SHSE:603076 with a GF Score™ of 70/100 and a GF Value™ of ¥30.33 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 3,000 Industrial Products companies, Ningbo Lehui International Engineering Equipment Co ranks worse than 63.6% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Ningbo Lehui International Engineering Equipment Co's Gross Profit for the three months ended in Mar. 2026 was ¥69 Mil. Ningbo Lehui International Engineering Equipment Co's Revenue for the three months ended in Mar. 2026 was ¥321 Mil. Therefore, Ningbo Lehui International Engineering Equipment Co's Gross Margin % for the quarter that ended in Mar. 2026 was 21.55%.

Warning Sign:

Ningbo Lehui International Engineering Equipment Co Ltd gross margin has been in long-term decline. The average rate of decline per year is -4.3%.


The historical rank and industry rank for Ningbo Lehui International Engineering Equipment Co's Gross Margin % or its related term are showing as below:

SHSE:603076' s Gross Margin % Range Over the Past 10 Years
Min: 21.75   Med: 24.33   Max: 30.14
Current: 22.06


During the past 13 years, the highest Gross Margin % of Ningbo Lehui International Engineering Equipment Co was 30.14%. The lowest was 21.75%. And the median was 24.33%.

SHSE:603076's Gross Margin % is ranked worse than
63.6% of 3000 companies
in the Industrial Products industry
Industry Median: 26.82 vs SHSE:603076: 22.06

Ningbo Lehui International Engineering Equipment Co had a gross margin of 21.55% for the quarter that ended in Mar. 2026 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Ningbo Lehui International Engineering Equipment Co was -4.30% per year.


Ningbo Lehui International Engineering Equipment Co  (SHSE:603076) 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

Ningbo Lehui International Engineering Equipment Co had a gross margin of 21.55% 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.


Ningbo Lehui International Engineering Equipment Co Gross Margin % Related Terms


Ningbo Lehui International Engineering Equipment Co Gross Margin % Historical Data

* Premium members only.

The historical data trend for Ningbo Lehui International Engineering Equipment 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.

Ningbo Lehui International Engineering Equipment Co Gross Margin % Chart

Ningbo Lehui International Engineering Equipment 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 23.67 22.92 21.75 24.55 21.98

Ningbo Lehui International Engineering Equipment 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 20.66 28.13 24.46 17.08 21.55

SHSE:603076 vs GEV, ETN, PH: Gross Margin % Comparison

For the Specialty Industrial Machinery subindustry, Ningbo Lehui International Engineering Equipment 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.


Ningbo Lehui International Engineering Equipment Co Gross Margin % vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Ningbo Lehui International Engineering Equipment Co's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Ningbo Lehui International Engineering Equipment Co's Gross Margin % falls into.


SHSE:603076
70GF Score
Ningbo Lehui International Engineering Equipment Co Ltd SHSE:603076
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Ningbo Lehui International Engineering Equipment Co Gross Margin % Calculation

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

Ningbo Lehui International Engineering Equipment 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 )
=346.5 / 1576.48
=(Revenue - Cost of Goods Sold) / Revenue
=(1576.48 - 1229.932) / 1576.48
=21.98 %

Ningbo Lehui International Engineering Equipment 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 )
=69.2 / 321.06
=(Revenue - Cost of Goods Sold) / Revenue
=(321.06 - 251.881) / 321.06
=21.55 %

* 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 21.55% mean?
Ningbo Lehui International Engineering Equipment Co (SHSE:603076) has a Gross Margin % of 21.55% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Ningbo Lehui International Engineering Equipment Co and its competitors. This is 11% below median its historical median of 24.33. Over the past decade, Ningbo Lehui International Engineering Equipment Co's Gross Margin % has ranged from 21.75 to 30.14. According to the industry distribution chart, Ningbo Lehui International Engineering Equipment Co ranks #1908 out of 3000 companies in the Industrial Products industry, placing it in the top 63.6%.
Is Ningbo Lehui International Engineering Equipment Co's Gross Margin % too high?
Ningbo Lehui International Engineering Equipment Co's current Gross Margin % of 21.55% is 11% below median its 10-year median of 24.33. Over the past 10 years, this metric has ranged from a low of 21.75 to a high of 30.14. The Industrial Products industry median Gross Margin % is 26.82. Ningbo Lehui International Engineering Equipment Co's value of 21.55% is 19.6% below this industry median. Based on the distribution chart, Ningbo Lehui International Engineering Equipment Co ranks #1908 out of 3000 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Ningbo Lehui International Engineering Equipment Co has a GF Score™ of 70/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Ningbo Lehui International Engineering Equipment Co's Gross Margin % compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Ningbo Lehui International Engineering Equipment Co ranks #1908 out of 3000 companies for Gross Margin %. This places Ningbo Lehui International Engineering Equipment Co in the lower half of its industry. The industry median Gross Margin % is 26.82. Ningbo Lehui International Engineering Equipment Co's value of 21.55% is 19.6% below this benchmark. Historically, Ningbo Lehui International Engineering Equipment Co's own Gross Margin % has ranged from 21.75 to 30.14 over the past decade. While the company's 10-year median is 24.33 vs. the industry median of 26.82, Ningbo Lehui International Engineering Equipment 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 an Industrial Products company?
The median Gross Margin % among Industrial Products companies is 26.82, based on 3,000 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. Ningbo Lehui International Engineering Equipment Co's current Gross Margin % of 21.55% is 19.6% 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 Ningbo Lehui International Engineering Equipment Co and its competitors. For the Industrial Products industry, the median Gross Margin % is 26.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ningbo Lehui International Engineering Equipment Co's current Gross Margin % is 21.55%, which is 11% below median its own 10-year median of 24.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ningbo Lehui International Engineering Equipment Co stock overvalued right now?
Based on GuruFocus' analysis, Ningbo Lehui International Engineering Equipment Co (SHSE:603076) is currently considered Possible Value Trap. The stock's GF Value™ is ¥30.33, compared to a current price of ¥18.75 — trading 38.2% below its estimated fair value. The current Gross Margin % is 21.55%, which is 11% below median its 10-year median of 24.33 and 19.6% below the Industrial Products industry median of 26.82. Ningbo Lehui International Engineering Equipment Co's overall GF Score™ is 70/100 with 7 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 Ningbo Lehui International Engineering Equipment Co (SHSE:603076), the current Gross Margin % is 21.55% 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 Ningbo Lehui International Engineering Equipment Co (SHSE:603076) Overvalued in 2026?

Based on GuruFocus' analysis, Ningbo Lehui International Engineering Equipment Co stock appears to be undervalued. The current stock price of ¥18.75 is trading 38.2% below its estimated GF Value™ of ¥30.33. GuruFocus considers Ningbo Lehui International Engineering Equipment Co to be Possible Value Trap.

Key valuation signals for SHSE:603076:

  • Gross Margin %: 21.55% (11% below median its 10-year median of 24.33)
  • GF Value™: ¥30.33 vs. price of ¥18.75 (38.2% below fair value)
  • GF Score™: 70/100 with 7 warning signs
  • Industry Position: 19.6% below the Industrial Products median (#1908 of 3000)

No single metric tells the full story. See the SHSE:603076 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ningbo Lehui International Engineering Equipment Co Business Description

Address No. 1 Chaohui Road, Xizhou Town, Zhejiang Province, Ningbo, CHN, 315722
Ningbo Lehui International Engineering Equipment Co Ltd operates as a brewery equipment manufacturing company. Its products consist of scale brewery equipment such as brew-house, cellar and filtration, craft brewery equipment, beverage and liquid food technology, bio, and food equipment, retort and automation technology comprising of renovating and reconstructing and process control system and others. The company's products have applications in beer, beverages, food, biology, medicine and other departments. It distributes its products within domestic as well as in international market.
70GF Score

Get the complete analysis for SHSE:603076

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

¥18.75
Price
¥30.33
GF Value