Duolun Technology (SHSE:603528) Gross Margin %: 29.49% (As of Mar. 2026) — 36% Below Median

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SHSE:603528 Duolun Technology Corp Ltd SHSE:603528
57 GF Score
Price ¥5.83
GF Value ¥7.52
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Duolun Technology Gross Margin %?

Duolun Technology SHSE:603528 +7.37% 57 Gross Margin % is 29.49% as of Mar. 2026, which is 36% below its 10-year median of 46.21. GuruFocus rates SHSE:603528 with a GF Score™ of 57/100 and a GF Value™ of ¥7.52 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 2,691 Software companies, Duolun Technology ranks worse than 66.3% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Duolun Technology's Gross Profit for the three months ended in Mar. 2026 was ¥23.1 Mil. Duolun Technology's Revenue for the three months ended in Mar. 2026 was ¥78.5 Mil. Therefore, Duolun Technology's Gross Margin % for the quarter that ended in Mar. 2026 was 29.49%.

Warning Sign:

Duolun Technology Corp Ltd gross margin has been in long-term decline. The average rate of decline per year is -7.7%.


The historical rank and industry rank for Duolun Technology's Gross Margin % or its related term are showing as below:

SHSE:603528' s Gross Margin % Range Over the Past 10 Years
Min: 27.93   Med: 46.21   Max: 60.43
Current: 27.93


During the past 13 years, the highest Gross Margin % of Duolun Technology was 60.43%. The lowest was 27.93%. And the median was 46.21%.

SHSE:603528's Gross Margin % is ranked worse than
66.3% of 2691 companies
in the Software industry
Industry Median: 40.57 vs SHSE:603528: 27.93

Duolun Technology had a gross margin of 29.49% for the quarter that ended in Mar. 2026 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Duolun Technology was -7.70% per year.


Duolun Technology  (SHSE:603528) 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

Duolun Technology had a gross margin of 29.49% 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.


Duolun Technology Gross Margin % Related Terms


Duolun Technology Gross Margin % Historical Data

* Premium members only.

The historical data trend for Duolun Technology'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.

Duolun Technology Gross Margin % Chart

Duolun Technology Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 39.53 45.13 30.01 35.19 31.37

Duolun Technology Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 42.19 33.38 31.21 16.41 29.49

SHSE:603528 vs QH, SHOP, UBER: Gross Margin % Comparison

For the Software - Application subindustry, Duolun Technology'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.


Duolun Technology Gross Margin % vs Software Industry

For the Software industry and Technology sector, Duolun Technology's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Duolun Technology's Gross Margin % falls into.


SHSE:603528
57GF Score
Duolun Technology Corp Ltd SHSE:603528
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Duolun Technology Gross Margin % Calculation

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

Duolun Technology'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 )
=125.4 / 399.824
=(Revenue - Cost of Goods Sold) / Revenue
=(399.824 - 274.392) / 399.824
=31.37 %

Duolun Technology'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 )
=23.1 / 78.456
=(Revenue - Cost of Goods Sold) / Revenue
=(78.456 - 55.322) / 78.456
=29.49 %

* 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 29.49% mean?
Duolun Technology (SHSE:603528) has a Gross Margin % of 29.49% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Duolun Technology and its competitors. This is 36% below median its historical median of 46.21. Over the past decade, Duolun Technology's Gross Margin % has ranged from 27.93 to 60.43. According to the industry distribution chart, Duolun Technology ranks #1784 out of 2691 companies in the Software industry, placing it in the top 66.3%.
Is Duolun Technology's Gross Margin % too high?
Duolun Technology's current Gross Margin % of 29.49% is 36% below median its 10-year median of 46.21. Over the past 10 years, this metric has ranged from a low of 27.93 to a high of 60.43. The Software industry median Gross Margin % is 40.57. Duolun Technology's value of 29.49% is 27.3% below this industry median. Based on the distribution chart, Duolun Technology ranks #1784 out of 2691 companies in the Software industry, which is below the industry midpoint. Overall, Duolun Technology has a GF Score™ of 57/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Duolun Technology's Gross Margin % compare to QH and SHOP?
According to the Software industry distribution chart, Duolun Technology ranks #1784 out of 2691 companies for Gross Margin %. This places Duolun Technology in the lower half of its industry. The industry median Gross Margin % is 40.57. Duolun Technology's value of 29.49% is 27.3% below this benchmark. Historically, Duolun Technology's own Gross Margin % has ranged from 27.93 to 60.43 over the past decade. While the company's 10-year median is 46.21 vs. the industry median of 40.57, Duolun Technology 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 Software company?
The median Gross Margin % among Software companies is 40.57, based on 2,691 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. Duolun Technology's current Gross Margin % of 29.49% is 27.3% 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 Duolun Technology and its competitors. For the Software industry, the median Gross Margin % is 40.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Duolun Technology's current Gross Margin % is 29.49%, which is 36% below median its own 10-year median of 46.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Duolun Technology stock overvalued right now?
Based on GuruFocus' analysis, Duolun Technology (SHSE:603528) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥7.52, compared to a current price of ¥5.83 — trading 22.5% below its estimated fair value. The current Gross Margin % is 29.49%, which is 36% below median its 10-year median of 46.21 and 27.3% below the Software industry median of 40.57. Duolun Technology's overall GF Score™ is 57/100 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 Duolun Technology (SHSE:603528), the current Gross Margin % is 29.49% 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 Duolun Technology (SHSE:603528) Overvalued in 2026?

Based on GuruFocus' analysis, Duolun Technology stock appears to be undervalued. The current stock price of ¥5.83 is trading 22.5% below its estimated GF Value™ of ¥7.52. GuruFocus considers Duolun Technology to be Modestly Undervalued.

Key valuation signals for SHSE:603528:

  • Gross Margin %: 29.49% (36% below median its 10-year median of 46.21)
  • GF Value™: ¥7.52 vs. price of ¥5.83 (22.5% below fair value)
  • GF Score™: 57/100 with 2 warning signs
  • Industry Position: 27.3% below the Software median (#1784 of 2691)

No single metric tells the full story. See the SHSE:603528 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Duolun Technology Business Description

Address 1555 Tianyin Avenue, Jiangning District, Nanjing, CHN, 211112
Duolun Technology Corp Ltd develops motor vehicle driving training and examination system, vehicle driving simulation training systems, intelligent traffic management application platform, traffic signal control systems and electronic police systems.
57GF Score

Get the complete analysis for SHSE:603528

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

¥5.83
Price
¥7.52
GF Value