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What is Hengdian Group Tospo Lighting Co Gross Margin %?
Hengdian Group Tospo Lighting CoSHSE:603303 +1.78%63 Gross Margin % is 15.94% as of Mar. 2026, which is 11% below its 10-year median of 17.85. GuruFocus rates SHSE:603303 with a GF Score™ of 63/100 and a GF Value™ of ¥12.92 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 2,998 Industrial Products companies, Hengdian Group Tospo Lighting Co ranks worse than 76.55% on this metric.
SHSE:603303's Gross Margin % is ranked worse than 76.55% of 2998
companies
in the Industrial Products industry
Industry Median: 26.84
vs SHSE:603303: 16.50
Hengdian Group Tospo Lighting Co had a gross margin of 15.94% for the quarter that ended in Mar. 2026 => No sustainable competitive advantage
Hengdian Group Tospo Lighting Co (SHSE:603303) 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 Group Tospo Lighting Co had a gross margin of 15.94% 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 Group Tospo Lighting Co Gross Margin % Related Terms
Hengdian Group Tospo Lighting Co Gross Margin % Historical Data
* 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 Group Tospo Lighting Co Gross Margin % Chart
For the Electrical Equipment & Parts subindustry, Hengdian Group Tospo Lighting 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 Group Tospo Lighting Co Gross Margin % vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Hengdian Group Tospo Lighting Co's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Hengdian Group Tospo Lighting 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.
Hengdian Group Tospo Lighting Co (SHSE:603303) has a Gross Margin % of 15.94% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Hengdian Group Tospo Lighting Co and its competitors. This is 11% below median its historical median of 17.85. Over the past decade, Hengdian Group Tospo Lighting Co's Gross Margin % has ranged from 13.75 to 20.79. According to the industry distribution chart, Hengdian Group Tospo Lighting Co ranks #2295 out of 2998 companies in the Industrial Products industry, placing it in the top 76.6%.
Is Hengdian Group Tospo Lighting Co's Gross Margin % too high?
Hengdian Group Tospo Lighting Co's current Gross Margin % of 15.94% is 11% below median its 10-year median of 17.85. Over the past 10 years, this metric has ranged from a low of 13.75 to a high of 20.79. The Industrial Products industry median Gross Margin % is 26.84. Hengdian Group Tospo Lighting Co's value of 15.94% is 40.6% below this industry median. Based on the distribution chart, Hengdian Group Tospo Lighting Co ranks #2295 out of 2998 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Hengdian Group Tospo Lighting Co has a GF Score™ of 63/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hengdian Group Tospo Lighting Co's Gross Margin % compare to VRT and BE?
According to the Industrial Products industry distribution chart, Hengdian Group Tospo Lighting Co ranks #2295 out of 2998 companies for Gross Margin %. This places Hengdian Group Tospo Lighting Co in the lower half of its industry. The industry median Gross Margin % is 26.84. Hengdian Group Tospo Lighting Co's value of 15.94% is 40.6% below this benchmark. Historically, Hengdian Group Tospo Lighting Co's own Gross Margin % has ranged from 13.75 to 20.79 over the past decade. While the company's 10-year median is 17.85 vs. the industry median of 26.84, Hengdian Group Tospo Lighting 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 26.84, based on 2,998 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 Group Tospo Lighting Co's current Gross Margin % of 15.94% is 40.6% 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 Hengdian Group Tospo Lighting Co and its competitors. For the Industrial Products industry, the median Gross Margin % is 26.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hengdian Group Tospo Lighting Co's current Gross Margin % is 15.94%, which is 11% below median its own 10-year median of 17.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hengdian Group Tospo Lighting Co stock overvalued right now?
Based on GuruFocus' analysis, Hengdian Group Tospo Lighting Co (SHSE:603303) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥12.92, compared to a current price of ¥22.83 — trading 76.7% above its estimated fair value. The current Gross Margin % is 15.94%, which is 11% below median its 10-year median of 17.85 and 40.6% below the Industrial Products industry median of 26.84. Hengdian Group Tospo Lighting Co's overall GF Score™ is 63/100 with 4 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 Group Tospo Lighting Co (SHSE:603303), the current Gross Margin % is 15.94% 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 Group Tospo Lighting Co (SHSE:603303) Overvalued in 2026?
Based on GuruFocus' analysis, Hengdian Group Tospo Lighting Co stock appears to be overvalued.
The current stock price of ¥22.83 is trading 76.7% above its estimated GF Value™ of ¥12.92.
GuruFocus considers Hengdian Group Tospo Lighting Co to be Significantly Overvalued.
Key valuation signals for SHSE:603303:
Gross Margin %: 15.94% (11% below median its 10-year median of 17.85)
GF Value™: ¥12.92 vs. price of ¥22.83 (76.7% above fair value)
Industry Position: 40.6% below the Industrial Products median (#2295 of 2998)
No single metric tells the full story. See the SHSE:603303 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hengdian Group Tospo Lighting Co Business Description
Hengdian Group Tospo Lighting Co Ltd is a Chinese company engaged in designing and installation of lighting products. It provides LED light source products, interior lighting, professional lamps and lanterns, lighting control, structural components and other lighting products. LED light source products cover all kinds of bulbs, spotlights and decorative lights.
63GF Score
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