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SHSE:603596's Gross Margin % is ranked better than 50.5% of 1309
companies
in the Vehicles & Parts industry
Industry Median: 19.87
vs SHSE:603596: 19.97
Bethel Automotivefety Systems Co had a gross margin of 19.43% for the quarter that ended in Mar. 2026 => No sustainable competitive advantage
Bethel Automotivefety Systems Co (SHSE:603596) 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
Bethel Automotivefety Systems Co had a gross margin of 19.43% 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.
Bethel Automotivefety Systems Co Gross Margin % Related Terms
Bethel Automotivefety Systems 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.
Bethel Automotivefety Systems Co Gross Margin % Chart
SHSE:603596 vs ORLY, AZO: Gross Margin % Comparison
For the Auto Parts subindustry, Bethel Automotivefety Systems 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.
Bethel Automotivefety Systems Co Gross Margin % vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Bethel Automotivefety Systems Co's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Bethel Automotivefety Systems 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.
Bethel Automotivefety Systems Co (SHSE:603596) has a Gross Margin % of 19.43% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Bethel Automotivefety Systems Co and its competitors. This is 18% below median its historical median of 23.74. Over the past decade, Bethel Automotivefety Systems Co's Gross Margin % has ranged from 19.65 to 26.43. According to the industry distribution chart, Bethel Automotivefety Systems Co ranks #648 out of 1309 companies in the Vehicles & Parts industry, placing it in the top 49.5%.
Is Bethel Automotivefety Systems Co's Gross Margin % too high?
Bethel Automotivefety Systems Co's current Gross Margin % of 19.43% is 18% below median its 10-year median of 23.74. Over the past 10 years, this metric has ranged from a low of 19.65 to a high of 26.43. The Vehicles & Parts industry median Gross Margin % is 19.87. Bethel Automotivefety Systems Co's value of 19.43% is 2.2% below this industry median. Based on the distribution chart, Bethel Automotivefety Systems Co ranks #648 out of 1309 companies in the Vehicles & Parts industry, which is above the industry midpoint. Overall, Bethel Automotivefety Systems Co has a GF Score™ of 87/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Bethel Automotivefety Systems Co's Gross Margin % compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Bethel Automotivefety Systems Co ranks #648 out of 1309 companies for Gross Margin %. This puts Bethel Automotivefety Systems Co in the upper half of its industry. The industry median Gross Margin % is 19.87. Bethel Automotivefety Systems Co's value of 19.43% is 2.2% below this benchmark. Historically, Bethel Automotivefety Systems Co's own Gross Margin % has ranged from 19.65 to 26.43 over the past decade. While the company's 10-year median is 23.74 vs. the industry median of 19.87, Bethel Automotivefety Systems 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 Vehicles & Parts company?
The median Gross Margin % among Vehicles & Parts companies is 19.87, 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. Bethel Automotivefety Systems Co's current Gross Margin % of 19.43% is 2.2% 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 Bethel Automotivefety Systems Co and its competitors. For the Vehicles & Parts industry, the median Gross Margin % is 19.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bethel Automotivefety Systems Co's current Gross Margin % is 19.43%, which is 18% below median its own 10-year median of 23.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bethel Automotivefety Systems Co stock overvalued right now?
Based on GuruFocus' analysis, Bethel Automotivefety Systems Co (SHSE:603596) is currently considered Possible Value Trap. The stock's GF Value™ is ¥44.45, compared to a current price of ¥26.25 — trading 40.9% below its estimated fair value. The current Gross Margin % is 19.43%, which is 18% below median its 10-year median of 23.74 and 2.2% below the Vehicles & Parts industry median of 19.87. Bethel Automotivefety Systems Co's overall GF Score™ is 87/100 with 6 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 Bethel Automotivefety Systems Co (SHSE:603596), the current Gross Margin % is 19.43% 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 Bethel Automotivefety Systems Co (SHSE:603596) Overvalued in 2026?
Based on GuruFocus' analysis, Bethel Automotivefety Systems Co stock appears to be undervalued.
The current stock price of ¥26.25 is trading 40.9% below its estimated GF Value™ of ¥44.45.
GuruFocus considers Bethel Automotivefety Systems Co to be Possible Value Trap.
Key valuation signals for SHSE:603596:
Gross Margin %: 19.43% (18% below median its 10-year median of 23.74)
GF Value™: ¥44.45 vs. price of ¥26.25 (40.9% below fair value)
Industry Position: 2.2% below the Vehicles & Parts median (#648 of 1309)
No single metric tells the full story. See the SHSE:603596 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Bethel Automotivefety Systems Co Business Description
Bethel Automotive Safety Systems Co Ltd is engaged in the research & development, production, and sales of automotive braking system-related products. The company specializes in automotive braking systems and related components. Its product portfolio covers disc brakes, lightweight brake parts, vacuum boosters, electronic parking brake systems, anti-lock braking systems, electronic stability control systems, as well as other associated products.
87GF Score
Get the complete analysis for SHSE:603596
Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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