Hengdian Entertainment Co (SHSE:603103) Gross Margin %: 14.66% (As of Mar. 2026) — Near Median

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SHSE:603103 Hengdian Entertainment Co Ltd SHSE:603103
73 GF Score
Price ¥13.11
GF Value ¥14.78
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Hengdian Entertainment Co Gross Margin %?

Hengdian Entertainment Co SHSE:603103 -2.74% 73 Gross Margin % is 14.66% as of Mar. 2026, which is 2% above its 10-year median of 14.43. GuruFocus rates SHSE:603103 with a GF Score™ of 73/100 and a GF Value™ of ¥14.78 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 941 Media - Diversified companies, Hengdian Entertainment Co ranks worse than 95.11% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Hengdian Entertainment Co's Gross Profit for the three months ended in Mar. 2026 was ¥85 Mil. Hengdian Entertainment Co's Revenue for the three months ended in Mar. 2026 was ¥582 Mil. Therefore, Hengdian Entertainment Co's Gross Margin % for the quarter that ended in Mar. 2026 was 14.66%.


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

SHSE:603103' s Gross Margin % Range Over the Past 10 Years
Min: -40.4   Med: 14.43   Max: 26.71
Current: 0.17


During the past 13 years, the highest Gross Margin % of Hengdian Entertainment Co was 26.71%. The lowest was -40.40%. And the median was 14.43%.

SHSE:603103's Gross Margin % is ranked worse than
95.11% of 941 companies
in the Media - Diversified industry
Industry Median: 38.99 vs SHSE:603103: 0.17

Hengdian Entertainment Co had a gross margin of 14.66% for the quarter that ended in Mar. 2026 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Hengdian Entertainment Co was 0.00% per year.


Hengdian Entertainment Co  (SHSE:603103) 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

Hengdian Entertainment Co had a gross margin of 14.66% 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.


Hengdian Entertainment Co Gross Margin % Related Terms


Hengdian Entertainment Co Gross Margin % Historical Data

* Premium members only.

The historical data trend for Hengdian Entertainment 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.

Hengdian Entertainment Co Gross Margin % Chart

Hengdian Entertainment 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 12.81 -9.93 14.01 3.21 14.84

Hengdian Entertainment 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 36.12 -56.04 7.55 -2.32 14.66

SHSE:603103 vs NFLX, DIS, WBD: Gross Margin % Comparison

For the Entertainment subindustry, Hengdian Entertainment 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.


Hengdian Entertainment Co Gross Margin % vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Hengdian Entertainment Co's Gross Margin % distribution charts can be found below:

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


SHSE:603103
73GF Score
Hengdian Entertainment Co Ltd SHSE:603103
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hengdian Entertainment Co Gross Margin % Calculation

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

Hengdian Entertainment 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 )
=340.9 / 2297.66
=(Revenue - Cost of Goods Sold) / Revenue
=(2297.66 - 1956.718) / 2297.66
=14.84 %

Hengdian Entertainment 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 )
=85.3 / 581.862
=(Revenue - Cost of Goods Sold) / Revenue
=(581.862 - 496.557) / 581.862
=14.66 %

* 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 14.66% mean?
Hengdian Entertainment Co (SHSE:603103) has a Gross Margin % of 14.66% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Hengdian Entertainment Co and its competitors. This is near median its historical median of 14.43. According to the industry distribution chart, Hengdian Entertainment Co ranks #895 out of 941 companies in the Media - Diversified industry, placing it in the top 95.1%.
Is Hengdian Entertainment Co's Gross Margin % too high?
Hengdian Entertainment Co's current Gross Margin % of 14.66% is near median its 10-year median of 14.43. The Media - Diversified industry median Gross Margin % is 38.99. Hengdian Entertainment Co's value of 14.66% is 62.4% below this industry median. Based on the distribution chart, Hengdian Entertainment Co ranks #895 out of 941 companies in the Media - Diversified industry, which is in the bottom quartile relative to peers. Overall, Hengdian Entertainment Co has a GF Score™ of 73/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Hengdian Entertainment Co's Gross Margin % compare to NFLX and DIS?
According to the Media - Diversified industry distribution chart, Hengdian Entertainment Co ranks #895 out of 941 companies for Gross Margin %. This places Hengdian Entertainment Co in the lower half of its industry. The industry median Gross Margin % is 38.99. Hengdian Entertainment Co's value of 14.66% is 62.4% below this benchmark. While the company's 10-year median is 14.43 vs. the industry median of 38.99, Hengdian Entertainment 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 Media - Diversified company?
The median Gross Margin % among Media - Diversified companies is 38.99, based on 941 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. Hengdian Entertainment Co's current Gross Margin % of 14.66% is 62.4% 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 Hengdian Entertainment Co and its competitors. For the Media - Diversified industry, the median Gross Margin % is 38.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hengdian Entertainment Co's current Gross Margin % is 14.66%, which is near median its own 10-year median of 14.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hengdian Entertainment Co stock overvalued right now?
Based on GuruFocus' analysis, Hengdian Entertainment Co (SHSE:603103) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥14.78, compared to a current price of ¥13.11 — trading 11.3% below its estimated fair value. The current Gross Margin % is 14.66%, which is near median its 10-year median of 14.43 and 62.4% below the Media - Diversified industry median of 38.99. Hengdian Entertainment Co's overall GF Score™ is 73/100 with 5 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 Hengdian Entertainment Co (SHSE:603103), the current Gross Margin % is 14.66% 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 Hengdian Entertainment Co (SHSE:603103) Overvalued in 2026?

Based on GuruFocus' analysis, Hengdian Entertainment Co stock appears to be undervalued. The current stock price of ¥13.11 is trading 11.3% below its estimated GF Value™ of ¥14.78. GuruFocus considers Hengdian Entertainment Co to be Modestly Undervalued.

Key valuation signals for SHSE:603103:

  • Gross Margin %: 14.66% (near median its 10-year median of 14.43)
  • GF Value™: ¥14.78 vs. price of ¥13.11 (11.3% below fair value)
  • GF Score™: 73/100 with 5 warning signs
  • Industry Position: 62.4% below the Media - Diversified median (#895 of 941)

No single metric tells the full story. See the SHSE:603103 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hengdian Entertainment Co Business Description

Address Hengdian Film and Television Industry Experimental Zone, Business Building, Hengdian Town, Zhejiang Province, Dongyang, CHN, 322118
Hengdian Entertainment Co Ltd operates as a film production company. It offers film production, film marketing and other services. The activities are carried out through the region of China.
73GF Score

Get the complete analysis for SHSE:603103

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

¥13.11
Price
¥14.78
GF Value