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SHSE:603331's Gross Margin % is ranked better than 53.48% of 1309
companies
in the Vehicles & Parts industry
Industry Median: 19.83
vs SHSE:603331: 21.07
Zhejiang Baida Precision Manufacturing had a gross margin of 20.42% for the quarter that ended in Mar. 2026 => Competition eroding margins
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
Zhejiang Baida Precision Manufacturing had a gross margin of 20.42% 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.
Zhejiang Baida Precision Manufacturing Gross Margin % Related Terms
Zhejiang Baida Precision Manufacturing 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.
SHSE:603331 vs ORLY, AZO: Gross Margin % Comparison
For the Auto Parts subindustry, Zhejiang Baida Precision Manufacturing'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.
Zhejiang Baida Precision Manufacturing Gross Margin % vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Zhejiang Baida Precision Manufacturing's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Zhejiang Baida Precision Manufacturing'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.
Zhejiang Baida Precision Manufacturing (SHSE:603331) has a Gross Margin % of 20.42% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Zhejiang Baida Precision Manufacturing and its competitors. This is 18% below median its historical median of 24.79. Over the past decade, Zhejiang Baida Precision Manufacturing's Gross Margin % has ranged from 20.24 to 27.37. According to the industry distribution chart, Zhejiang Baida Precision Manufacturing ranks #609 out of 1309 companies in the Vehicles & Parts industry, placing it in the top 46.5%.
Is Zhejiang Baida Precision Manufacturing's Gross Margin % too high?
Zhejiang Baida Precision Manufacturing's current Gross Margin % of 20.42% is 18% below median its 10-year median of 24.79. Over the past 10 years, this metric has ranged from a low of 20.24 to a high of 27.37. The Vehicles & Parts industry median Gross Margin % is 19.83. Zhejiang Baida Precision Manufacturing's value of 20.42% is 3% above this industry median. Based on the distribution chart, Zhejiang Baida Precision Manufacturing ranks #609 out of 1309 companies in the Vehicles & Parts industry, which is above the industry midpoint. Overall, Zhejiang Baida Precision Manufacturing has a GF Score™ of 67/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Zhejiang Baida Precision Manufacturing's Gross Margin % compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Zhejiang Baida Precision Manufacturing ranks #609 out of 1309 companies for Gross Margin %. This puts Zhejiang Baida Precision Manufacturing in the upper half of its industry. The industry median Gross Margin % is 19.83. Zhejiang Baida Precision Manufacturing's value of 20.42% is 3% above this benchmark. Historically, Zhejiang Baida Precision Manufacturing's own Gross Margin % has ranged from 20.24 to 27.37 over the past decade. While the company's 10-year median is 24.79 vs. the industry median of 19.83, Zhejiang Baida Precision Manufacturing 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 19.83, based on 1,309 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. Zhejiang Baida Precision Manufacturing's current Gross Margin % of 20.42% is 3% 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 Zhejiang Baida Precision Manufacturing and its competitors. For the Vehicles & Parts industry, the median Gross Margin % is 19.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zhejiang Baida Precision Manufacturing's current Gross Margin % is 20.42%, which is 18% below median its own 10-year median of 24.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhejiang Baida Precision Manufacturing stock overvalued right now?
Based on GuruFocus' analysis, Zhejiang Baida Precision Manufacturing (SHSE:603331) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥9.76, compared to a current price of ¥11.40 — trading 16.8% above its estimated fair value. The current Gross Margin % is 20.42%, which is 18% below median its 10-year median of 24.79 and 3% above the Vehicles & Parts industry median of 19.83. Zhejiang Baida Precision Manufacturing's overall GF Score™ is 67/100 with 10 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 Zhejiang Baida Precision Manufacturing (SHSE:603331), the current Gross Margin % is 20.42% 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 Zhejiang Baida Precision Manufacturing (SHSE:603331) Overvalued in 2026?
Based on GuruFocus' analysis, Zhejiang Baida Precision Manufacturing stock appears to be overvalued.
The current stock price of ¥11.40 is trading 16.8% above its estimated GF Value™ of ¥9.76.
GuruFocus considers Zhejiang Baida Precision Manufacturing to be Modestly Overvalued.
Key valuation signals for SHSE:603331:
Gross Margin %: 20.42% (18% below median its 10-year median of 24.79)
GF Value™: ¥9.76 vs. price of ¥11.40 (16.8% above fair value)
Industry Position: 3% above the Vehicles & Parts median (#609 of 1309)
No single metric tells the full story. See the SHSE:603331 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Zhejiang Baida Precision Manufacturing Corp is engaged in the research and development, manufacturing and sales of various compressor and auto parts. Its products include core components of the compressor - blades, balance blocks, and cross ring connectors as well as automotive parts - power generation claw pole, brake caliper piston, starter series (switch housing, static iron core, moving iron core, deceleration shaft), drive train columns (spline sleeves, spline shafts, ferrules), and steering series.
67GF Score
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