Heilongjiang Tianyouwei Electronics Co (SHSE:603202) Gross Margin %: 32.59% (As of Mar. 2026) — Near Median

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SHSE:603202 Heilongjiang Tianyouwei Electronics Co Ltd SHSE:603202
19 GF Score
Price ¥50.50
! 3 Warning Signs
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What is Heilongjiang Tianyouwei Electronics Co Gross Margin %?

Heilongjiang Tianyouwei Electronics Co SHSE:603202 -2.15% 19 Gross Margin % is 32.59% as of Mar. 2026, which is 1% below its 10-year median of 32.81. GuruFocus rates SHSE:603202 with a GF Score™ of 19/100. The stock has 3 warning signs investors should review. Among 1,307 Vehicles & Parts companies, Heilongjiang Tianyouwei Electronics Co ranks better than 78.88% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Heilongjiang Tianyouwei Electronics Co's Gross Profit for the three months ended in Mar. 2026 was ¥262 Mil. Heilongjiang Tianyouwei Electronics Co's Revenue for the three months ended in Mar. 2026 was ¥804 Mil. Therefore, Heilongjiang Tianyouwei Electronics Co's Gross Margin % for the quarter that ended in Mar. 2026 was 32.59%.


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

SHSE:603202' s Gross Margin % Range Over the Past 10 Years
Min: 17.74   Med: 32.81   Max: 36.21
Current: 34.37


During the past 6 years, the highest Gross Margin % of Heilongjiang Tianyouwei Electronics Co was 36.21%. The lowest was 17.74%. And the median was 32.81%.

SHSE:603202's Gross Margin % is ranked better than
78.88% of 1307 companies
in the Vehicles & Parts industry
Industry Median: 19.87 vs SHSE:603202: 34.37

Heilongjiang Tianyouwei Electronics Co had a gross margin of 32.59% for the quarter that ended in Mar. 2026 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Heilongjiang Tianyouwei Electronics Co was 15.00% per year.


Heilongjiang Tianyouwei Electronics Co  (SHSE:603202) 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

Heilongjiang Tianyouwei Electronics Co had a gross margin of 32.59% 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.


Heilongjiang Tianyouwei Electronics Co Gross Margin % Related Terms


Heilongjiang Tianyouwei Electronics Co Gross Margin % Historical Data

* Premium members only.

The historical data trend for Heilongjiang Tianyouwei Electronics 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.

Heilongjiang Tianyouwei Electronics Co Gross Margin % Chart

Heilongjiang Tianyouwei Electronics Co Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Gross Margin %
Get a 7-Day Free Trial 22.23 31.10 36.21 35.46 34.51

Heilongjiang Tianyouwei Electronics Co Quarterly Data
Dec20 Dec21 Dec22 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 33.52 41.06 34.45 29.21 32.59

SHSE:603202 vs ORLY, AZO: Gross Margin % Comparison

For the Auto Parts subindustry, Heilongjiang Tianyouwei Electronics 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.


Heilongjiang Tianyouwei Electronics Co Gross Margin % vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Heilongjiang Tianyouwei Electronics Co's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Heilongjiang Tianyouwei Electronics Co's Gross Margin % falls into.


SHSE:603202
19GF Score
Heilongjiang Tianyouwei Electronics Co Ltd SHSE:603202
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Heilongjiang Tianyouwei Electronics Co Gross Margin % Calculation

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

Heilongjiang Tianyouwei Electronics 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 )
=1379.4 / 3997.547
=(Revenue - Cost of Goods Sold) / Revenue
=(3997.547 - 2618.14) / 3997.547
=34.51 %

Heilongjiang Tianyouwei Electronics 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 )
=261.9 / 803.771
=(Revenue - Cost of Goods Sold) / Revenue
=(803.771 - 541.862) / 803.771
=32.59 %

* 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 32.59% mean?
Heilongjiang Tianyouwei Electronics Co (SHSE:603202) has a Gross Margin % of 32.59% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Heilongjiang Tianyouwei Electronics Co and its competitors. This is near median its historical median of 32.81. Over the past decade, Heilongjiang Tianyouwei Electronics Co's Gross Margin % has ranged from 17.74 to 36.21. According to the industry distribution chart, Heilongjiang Tianyouwei Electronics Co ranks #276 out of 1307 companies in the Vehicles & Parts industry, placing it in the top 21.1%.
Is Heilongjiang Tianyouwei Electronics Co's Gross Margin % too high?
Heilongjiang Tianyouwei Electronics Co's current Gross Margin % of 32.59% is near median its 10-year median of 32.81. Over the past 10 years, this metric has ranged from a low of 17.74 to a high of 36.21. The Vehicles & Parts industry median Gross Margin % is 19.87. Heilongjiang Tianyouwei Electronics Co's value of 32.59% is 64% above this industry median. Based on the distribution chart, Heilongjiang Tianyouwei Electronics Co ranks #276 out of 1307 companies in the Vehicles & Parts industry, which is in the top quartile — a strong position relative to peers. Overall, Heilongjiang Tianyouwei Electronics Co has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does Heilongjiang Tianyouwei Electronics Co's Gross Margin % compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Heilongjiang Tianyouwei Electronics Co ranks #276 out of 1307 companies for Gross Margin %. This places Heilongjiang Tianyouwei Electronics Co in the top 21% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 19.87. Heilongjiang Tianyouwei Electronics Co's value of 32.59% is 64% above this benchmark. Historically, Heilongjiang Tianyouwei Electronics Co's own Gross Margin % has ranged from 17.74 to 36.21 over the past decade. While the company's 10-year median is 32.81 vs. the industry median of 19.87, Heilongjiang Tianyouwei Electronics 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 Vehicles & Parts company?
The median Gross Margin % among Vehicles & Parts companies is 19.87, based on 1,307 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. Heilongjiang Tianyouwei Electronics Co's current Gross Margin % of 32.59% is 64% 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 Heilongjiang Tianyouwei Electronics Co and its competitors. For the Vehicles & Parts industry, the median Gross Margin % is 19.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Heilongjiang Tianyouwei Electronics Co's current Gross Margin % is 32.59%, which is near median its own 10-year median of 32.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Heilongjiang Tianyouwei Electronics Co stock overvalued right now?
Heilongjiang Tianyouwei Electronics Co (SHSE:603202) has a current Gross Margin % of 32.59%. The current Gross Margin % is 32.59%, which is near median its 10-year median of 32.81 and 64% above the Vehicles & Parts industry median of 19.87. Heilongjiang Tianyouwei Electronics Co's overall GF Score™ is 19/100 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 Heilongjiang Tianyouwei Electronics Co (SHSE:603202), the current Gross Margin % is 32.59% 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.

Heilongjiang Tianyouwei Electronics Co Business Description

Address Number 9 Kunshan Road, Suihua Economic and Technological Development Zone, Heilongjiang Province, Suihua, CHN, 152000
Heilongjiang Tianyouwei Electronics Co Ltd is engaged in the research and development, design, production, sales and service of automotive instruments, and gradually expands into the field of smart cockpits. The company products include electronic instrument clusters, full LCD instrument clusters, dual-screen instruments, in-vehicle infotainment systems, in-vehicle air-conditioning controllers, in-vehicle wireless chargers, automotive electronics development services, etc.
19GF Score

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

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