Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Liaoning Fu-An Heavy Industry Co (SHSE:603315) 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
Liaoning Fu-An Heavy Industry Co had a gross margin of 18.49% 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.
Liaoning Fu-An Heavy Industry Co Gross Margin % Related Terms
Liaoning Fu-An Heavy Industry 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.
Liaoning Fu-An Heavy Industry Co Gross Margin % Chart
SHSE:603315 vs NUE, STLD, RS: Gross Margin % Comparison
For the Steel subindustry, Liaoning Fu-An Heavy Industry 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.
Liaoning Fu-An Heavy Industry Co Gross Margin % vs Steel Industry
For the Steel industry and Basic Materials sector, Liaoning Fu-An Heavy Industry Co's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Liaoning Fu-An Heavy Industry 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.
Liaoning Fu-An Heavy Industry Co (SHSE:603315) has a Gross Margin % of 18.49% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Liaoning Fu-An Heavy Industry Co and its competitors. This is 13% below median its historical median of 21.24. Over the past decade, Liaoning Fu-An Heavy Industry Co's Gross Margin % has ranged from 14.27 to 26.74. According to the industry distribution chart, Liaoning Fu-An Heavy Industry Co ranks #250 out of 595 companies in the Steel industry, placing it in the top 42%.
Is Liaoning Fu-An Heavy Industry Co's Gross Margin % too high?
Liaoning Fu-An Heavy Industry Co's current Gross Margin % of 18.49% is 13% below median its 10-year median of 21.24. Over the past 10 years, this metric has ranged from a low of 14.27 to a high of 26.74. The Steel industry median Gross Margin % is 12.50. Liaoning Fu-An Heavy Industry Co's value of 18.49% is 47.9% above this industry median. Based on the distribution chart, Liaoning Fu-An Heavy Industry Co ranks #250 out of 595 companies in the Steel industry, which is above the industry midpoint. Overall, Liaoning Fu-An Heavy Industry Co has a GF Score™ of 75/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Liaoning Fu-An Heavy Industry Co's Gross Margin % compare to NUE and STLD?
According to the Steel industry distribution chart, Liaoning Fu-An Heavy Industry Co ranks #250 out of 595 companies for Gross Margin %. This puts Liaoning Fu-An Heavy Industry Co in the upper half of its industry. The industry median Gross Margin % is 12.50. Liaoning Fu-An Heavy Industry Co's value of 18.49% is 47.9% above this benchmark. Historically, Liaoning Fu-An Heavy Industry Co's own Gross Margin % has ranged from 14.27 to 26.74 over the past decade. While the company's 10-year median is 21.24 vs. the industry median of 12.50, Liaoning Fu-An Heavy Industry 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 Steel company?
The median Gross Margin % among Steel companies is 12.50, based on 595 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. Liaoning Fu-An Heavy Industry Co's current Gross Margin % of 18.49% is 47.9% 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 Liaoning Fu-An Heavy Industry Co and its competitors. For the Steel industry, the median Gross Margin % is 12.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Liaoning Fu-An Heavy Industry Co's current Gross Margin % is 18.49%, which is 13% below median its own 10-year median of 21.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Liaoning Fu-An Heavy Industry Co stock overvalued right now?
Based on GuruFocus' analysis, Liaoning Fu-An Heavy Industry Co (SHSE:603315) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥14.22, compared to a current price of ¥11.50 — trading 19.1% below its estimated fair value. The current Gross Margin % is 18.49%, which is 13% below median its 10-year median of 21.24 and 47.9% above the Steel industry median of 12.50. Liaoning Fu-An Heavy Industry Co's overall GF Score™ is 75/100 with 8 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 Liaoning Fu-An Heavy Industry Co (SHSE:603315), the current Gross Margin % is 18.49% 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 Liaoning Fu-An Heavy Industry Co (SHSE:603315) Overvalued in 2026?
Based on GuruFocus' analysis, Liaoning Fu-An Heavy Industry Co stock appears to be undervalued.
The current stock price of ¥11.50 is trading 19.1% below its estimated GF Value™ of ¥14.22.
GuruFocus considers Liaoning Fu-An Heavy Industry Co to be Modestly Undervalued.
Key valuation signals for SHSE:603315:
Gross Margin %: 18.49% (13% below median its 10-year median of 21.24)
GF Value™: ¥14.22 vs. price of ¥11.50 (19.1% below fair value)
Industry Position: 47.9% above the Steel median (#250 of 595)
No single metric tells the full story. See the SHSE:603315 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
SHSE:603315 has been successfully added to your 
