Keeson Technology (SHSE:603610) Gross Margin %: 31.77% (As of Mar. 2026) — 11% Below Median

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SHSE:603610 Keeson Technology Corp Ltd SHSE:603610
78 GF Score
Price ¥12.53
GF Value ¥13.79
Valuation Fairly Valued
! 5 Warning Signs
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What is Keeson Technology Gross Margin %?

Keeson Technology SHSE:603610 -2.94% 78 Gross Margin % is 31.77% as of Mar. 2026, which is 11% below its 10-year median of 35.77. GuruFocus rates SHSE:603610 with a GF Score™ of 78/100 and a GF Value™ of ¥13.79 (Fairly Valued). The stock has 5 warning signs investors should review. Among 417 Furnishings, Fixtures & Appliances companies, Keeson Technology ranks better than 58.27% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Keeson Technology's Gross Profit for the three months ended in Mar. 2026 was ¥276 Mil. Keeson Technology's Revenue for the three months ended in Mar. 2026 was ¥868 Mil. Therefore, Keeson Technology's Gross Margin % for the quarter that ended in Mar. 2026 was 31.77%.

Warning Sign:

Keeson Technology Corp Ltd gross margin has been in long-term decline. The average rate of decline per year is -1.6%.


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

SHSE:603610' s Gross Margin % Range Over the Past 10 Years
Min: 31.61   Med: 35.77   Max: 39.3
Current: 33.04


During the past 11 years, the highest Gross Margin % of Keeson Technology was 39.30%. The lowest was 31.61%. And the median was 35.77%.

SHSE:603610's Gross Margin % is ranked better than
58.27% of 417 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 29.49 vs SHSE:603610: 33.04

Keeson Technology had a gross margin of 31.77% for the quarter that ended in Mar. 2026 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Keeson Technology was -1.60% per year.


Keeson Technology  (SHSE:603610) 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

Keeson Technology had a gross margin of 31.77% 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.


Keeson Technology Gross Margin % Related Terms


Keeson Technology Gross Margin % Historical Data

* Premium members only.

The historical data trend for Keeson 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.

Keeson Technology Gross Margin % Chart

Keeson 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 35.47 31.61 36.38 34.85 33.47

Keeson 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 33.27 34.39 32.27 34.03 31.77

SHSE:603610 vs SN, SGI, MHK: Gross Margin % Comparison

For the Furnishings, Fixtures & Appliances subindustry, Keeson 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.


Keeson Technology Gross Margin % vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Keeson Technology's Gross Margin % distribution charts can be found below:

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


SHSE:603610
78GF Score
Keeson Technology Corp Ltd SHSE:603610
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Keeson Technology Gross Margin % Calculation

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

Keeson 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 )
=1014.1 / 3029.761
=(Revenue - Cost of Goods Sold) / Revenue
=(3029.761 - 2015.703) / 3029.761
=33.47 %

Keeson 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 )
=275.8 / 868.189
=(Revenue - Cost of Goods Sold) / Revenue
=(868.189 - 592.404) / 868.189
=31.77 %

* 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 31.77% mean?
Keeson Technology (SHSE:603610) has a Gross Margin % of 31.77% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Keeson Technology and its competitors. This is 11% below median its historical median of 35.77. Over the past decade, Keeson Technology's Gross Margin % has ranged from 31.61 to 39.30. According to the industry distribution chart, Keeson Technology ranks #174 out of 417 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 41.7%.
Is Keeson Technology's Gross Margin % too high?
Keeson Technology's current Gross Margin % of 31.77% is 11% below median its 10-year median of 35.77. Over the past 10 years, this metric has ranged from a low of 31.61 to a high of 39.30. The Furnishings, Fixtures & Appliances industry median Gross Margin % is 29.49. Keeson Technology's value of 31.77% is 7.7% above this industry median. Based on the distribution chart, Keeson Technology ranks #174 out of 417 companies in the Furnishings, Fixtures & Appliances industry, which is above the industry midpoint. Overall, Keeson Technology has a GF Score™ of 78/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Keeson Technology's Gross Margin % compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Keeson Technology ranks #174 out of 417 companies for Gross Margin %. This puts Keeson Technology in the upper half of its industry. The industry median Gross Margin % is 29.49. Keeson Technology's value of 31.77% is 7.7% above this benchmark. Historically, Keeson Technology's own Gross Margin % has ranged from 31.61 to 39.30 over the past decade. While the company's 10-year median is 35.77 vs. the industry median of 29.49, Keeson Technology 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 Furnishings, Fixtures & Appliances company?
The median Gross Margin % among Furnishings, Fixtures & Appliances companies is 29.49, based on 417 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. Keeson Technology's current Gross Margin % of 31.77% is 7.7% 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 Keeson Technology and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Gross Margin % is 29.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Keeson Technology's current Gross Margin % is 31.77%, which is 11% below median its own 10-year median of 35.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Keeson Technology stock overvalued right now?
Based on GuruFocus' analysis, Keeson Technology (SHSE:603610) is currently considered Fairly Valued. The stock's GF Value™ is ¥13.79, compared to a current price of ¥12.53 — trading 9.1% below its estimated fair value. The current Gross Margin % is 31.77%, which is 11% below median its 10-year median of 35.77 and 7.7% above the Furnishings, Fixtures & Appliances industry median of 29.49. Keeson Technology's overall GF Score™ is 78/100 with 5 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 Keeson Technology (SHSE:603610), the current Gross Margin % is 31.77% 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 Keeson Technology (SHSE:603610) Overvalued in 2026?

Based on GuruFocus' analysis, Keeson Technology stock appears to be undervalued. The current stock price of ¥12.53 is trading 9.1% below its estimated GF Value™ of ¥13.79. GuruFocus considers Keeson Technology to be Fairly Valued.

Key valuation signals for SHSE:603610:

  • Gross Margin %: 31.77% (11% below median its 10-year median of 35.77)
  • GF Value™: ¥13.79 vs. price of ¥12.53 (9.1% below fair value)
  • GF Score™: 78/100 with 5 warning signs
  • Industry Position: 7.7% above the Furnishings, Fixtures & Appliances median (#174 of 417)

No single metric tells the full story. See the SHSE:603610 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Keeson Technology Business Description

Address No. 158 Qiumao Road, Wangjiangyu Town, Xiuzhou District, Zhejiang Province, Jiaxing, CHN, 314016
Keeson Technology Corp Ltd is engaged in the Research, design, production and sales of intelligent electric beds and related products.
78GF Score

Get the complete analysis for SHSE:603610

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

¥12.53
Price
¥13.79
GF Value