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Hangcha Group CoSHSE:603298 +0.08%93 Gross Margin % is 22.50% as of Mar. 2026, which is 7% above its 10-year median of 21.04. GuruFocus rates SHSE:603298 with a GF Score™ of 93/100 and a GF Value™ of ¥22.43 (Modestly Overvalued). The stock has 2 warning signs investors should review. Among 210 Farm & Heavy Construction Machinery companies, Hangcha Group Co ranks worse than 53.81% on this metric.
The historical rank and industry rank for Hangcha Group Co's Gross Margin % or its related term are showing as below:
SHSE:603298'
s Gross Margin % Range Over the Past 10 Years
Min: 15.51 Med: 21.04 Max: 25.12
Current: 25.12
During the past 13 years, the highestGross Margin % of Hangcha Group Co was 25.12%. The lowest was 15.51%. And the median was 21.04%.
SHSE:603298's Gross Margin % is ranked worse than 53.81% of 210
companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 25.66
vs SHSE:603298: 25.12
Hangcha Group Co had a gross margin of 22.50% for the quarter that ended in Mar. 2026 => Competition eroding margins
The 5-Year average Growth Rate of Gross Margin for Hangcha Group Co was 9.60% per year.
Hangcha Group Co (SHSE:603298) 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
Hangcha Group Co had a gross margin of 22.50% 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.
Hangcha Group Co Gross Margin % Related Terms
Hangcha Group Co Gross Margin % Historical Data
* Premium members only.
The historical data trend for Hangcha 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.
SHSE:603298 vs CAT, DE, PCAR: Gross Margin % Comparison
For the Farm & Heavy Construction Machinery subindustry, Hangcha 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.
Hangcha Group Co Gross Margin % vs Farm & Heavy Construction Machinery Industry
For the Farm & Heavy Construction Machinery industry and Industrials sector, Hangcha Group Co's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Hangcha Group 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.
Hangcha Group Co (SHSE:603298) has a Gross Margin % of 22.50% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Hangcha Group Co and its competitors. This is near median its historical median of 21.04. Over the past decade, Hangcha Group Co's Gross Margin % has ranged from 15.51 to 25.12. According to the industry distribution chart, Hangcha Group Co ranks #113 out of 210 companies in the Farm & Heavy Construction Machinery industry, placing it in the top 53.8%.
Is Hangcha Group Co's Gross Margin % too high?
Hangcha Group Co's current Gross Margin % of 22.50% is near median its 10-year median of 21.04. Over the past 10 years, this metric has ranged from a low of 15.51 to a high of 25.12. The Farm & Heavy Construction Machinery industry median Gross Margin % is 25.66. Hangcha Group Co's value of 22.50% is 12.3% below this industry median. Based on the distribution chart, Hangcha Group Co ranks #113 out of 210 companies in the Farm & Heavy Construction Machinery industry, which is below the industry midpoint. Overall, Hangcha Group Co has a GF Score™ of 93/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hangcha Group Co's Gross Margin % compare to CAT and DE?
According to the Farm & Heavy Construction Machinery industry distribution chart, Hangcha Group Co ranks #113 out of 210 companies for Gross Margin %. This places Hangcha Group Co in the lower half of its industry. The industry median Gross Margin % is 25.66. Hangcha Group Co's value of 22.50% is 12.3% below this benchmark. Historically, Hangcha Group Co's own Gross Margin % has ranged from 15.51 to 25.12 over the past decade. While the company's 10-year median is 21.04 vs. the industry median of 25.66, Hangcha Group 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 Farm & Heavy Construction Machinery company?
The median Gross Margin % among Farm & Heavy Construction Machinery companies is 25.66, based on 210 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. Hangcha Group Co's current Gross Margin % of 22.50% is 12.3% 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 Hangcha Group Co and its competitors. For the Farm & Heavy Construction Machinery industry, the median Gross Margin % is 25.66 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hangcha Group Co's current Gross Margin % is 22.50%, which is near median its own 10-year median of 21.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hangcha Group Co stock overvalued right now?
Based on GuruFocus' analysis, Hangcha Group Co (SHSE:603298) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥22.43, compared to a current price of ¥25.07 — trading 11.8% above its estimated fair value. The current Gross Margin % is 22.50%, which is near median its 10-year median of 21.04 and 12.3% below the Farm & Heavy Construction Machinery industry median of 25.66. Hangcha Group Co's overall GF Score™ is 93/100 with 2 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 Hangcha Group Co (SHSE:603298), the current Gross Margin % is 22.50% 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 Hangcha Group Co (SHSE:603298) Overvalued in 2026?
Based on GuruFocus' analysis, Hangcha Group Co stock appears to be overvalued.
The current stock price of ¥25.07 is trading 11.8% above its estimated GF Value™ of ¥22.43.
GuruFocus considers Hangcha Group Co to be Modestly Overvalued.
Key valuation signals for SHSE:603298:
Gross Margin %: 22.50% (near median its 10-year median of 21.04)
GF Value™: ¥22.43 vs. price of ¥25.07 (11.8% above fair value)
Industry Position: 12.3% below the Farm & Heavy Construction Machinery median (#113 of 210)
No single metric tells the full story. See the SHSE:603298 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hangcha Group Co Ltd is engaged in manufacturing of forklift truck. Its products include IC forklift truck, Electric forklift truck, warehouse equipment, tow tractors, side loading forklifts, explosion proof forklifts, empty container handlers and among others.
93GF Score
Get the complete analysis for SHSE:603298
Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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