Suzhou Keda Technology Co (SHSE:603660) Gross Margin %: 57.54% (As of Mar. 2026) — Near Median

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SHSE:603660 Suzhou Keda Technology Co Ltd SHSE:603660
47 GF Score
Price ¥11.99
GF Value ¥5.35
Valuation Significantly Overvalued
! 3 Warning Signs
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What is Suzhou Keda Technology Co Gross Margin %?

Suzhou Keda Technology Co SHSE:603660 +10.00% 47 Gross Margin % is 57.54% as of Mar. 2026, which is 1% above its 10-year median of 57.07. GuruFocus rates SHSE:603660 with a GF Score™ of 47/100 and a GF Value™ of ¥5.35 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 2,453 Hardware companies, Suzhou Keda Technology Co ranks better than 87.2% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Suzhou Keda Technology Co's Gross Profit for the three months ended in Mar. 2026 was ¥99.4 Mil. Suzhou Keda Technology Co's Revenue for the three months ended in Mar. 2026 was ¥172.7 Mil. Therefore, Suzhou Keda Technology Co's Gross Margin % for the quarter that ended in Mar. 2026 was 57.54%.


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

SHSE:603660' s Gross Margin % Range Over the Past 10 Years
Min: 49.81   Med: 57.07   Max: 66.79
Current: 49.81


During the past 13 years, the highest Gross Margin % of Suzhou Keda Technology Co was 66.79%. The lowest was 49.81%. And the median was 57.07%.

SHSE:603660's Gross Margin % is ranked better than
87.2% of 2453 companies
in the Hardware industry
Industry Median: 24.49 vs SHSE:603660: 49.81

Suzhou Keda Technology Co had a gross margin of 57.54% for the quarter that ended in Mar. 2026 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Suzhou Keda Technology Co was 0.80% per year.


Suzhou Keda Technology Co  (SHSE:603660) 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

Suzhou Keda Technology Co had a gross margin of 57.54% for the quarter that ended in Mar. 2026 => Durable 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.


Suzhou Keda Technology Co Gross Margin % Related Terms


Suzhou Keda Technology Co Gross Margin % Historical Data

* Premium members only.

The historical data trend for Suzhou Keda Technology Co'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.

Suzhou Keda Technology Co Gross Margin % Chart

Suzhou Keda Technology Co 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 57.63 52.06 56.51 66.79 52.23

Suzhou Keda Technology Co 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 63.36 50.70 52.39 42.64 57.54

SHSE:603660 vs CSCO, MSI, HPE: Gross Margin % Comparison

For the Communication Equipment subindustry, Suzhou Keda Technology 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.


Suzhou Keda Technology Co Gross Margin % vs Hardware Industry

For the Hardware industry and Technology sector, Suzhou Keda Technology Co's Gross Margin % distribution charts can be found below:

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


SHSE:603660
47GF Score
Suzhou Keda Technology Co Ltd SHSE:603660
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Suzhou Keda Technology Co Gross Margin % Calculation

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

Suzhou Keda Technology Co'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 )
=546.4 / 1046.128
=(Revenue - Cost of Goods Sold) / Revenue
=(1046.128 - 499.705) / 1046.128
=52.23 %

Suzhou Keda Technology Co'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 )
=99.4 / 172.669
=(Revenue - Cost of Goods Sold) / Revenue
=(172.669 - 73.309) / 172.669
=57.54 %

* 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 57.54% mean?
Suzhou Keda Technology Co (SHSE:603660) has a Gross Margin % of 57.54% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Suzhou Keda Technology Co and its competitors. This is near median its historical median of 57.07. Over the past decade, Suzhou Keda Technology Co's Gross Margin % has ranged from 49.81 to 66.79. According to the industry distribution chart, Suzhou Keda Technology Co ranks #314 out of 2453 companies in the Hardware industry, placing it in the top 12.8%.
Is Suzhou Keda Technology Co's Gross Margin % too high?
Suzhou Keda Technology Co's current Gross Margin % of 57.54% is near median its 10-year median of 57.07. Over the past 10 years, this metric has ranged from a low of 49.81 to a high of 66.79. The Hardware industry median Gross Margin % is 24.49. Suzhou Keda Technology Co's value of 57.54% is 135% above this industry median. Based on the distribution chart, Suzhou Keda Technology Co ranks #314 out of 2453 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Suzhou Keda Technology Co has a GF Score™ of 47/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Suzhou Keda Technology Co's Gross Margin % compare to CSCO and MSI?
According to the Hardware industry distribution chart, Suzhou Keda Technology Co ranks #314 out of 2453 companies for Gross Margin %. This places Suzhou Keda Technology Co in the top 13% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 24.49. Suzhou Keda Technology Co's value of 57.54% is 135% above this benchmark. Historically, Suzhou Keda Technology Co's own Gross Margin % has ranged from 49.81 to 66.79 over the past decade. While the company's 10-year median is 57.07 vs. the industry median of 24.49, Suzhou Keda Technology 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 Hardware company?
The median Gross Margin % among Hardware companies is 24.49, based on 2,453 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. Suzhou Keda Technology Co's current Gross Margin % of 57.54% is 135% 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 Suzhou Keda Technology Co and its competitors. For the Hardware industry, the median Gross Margin % is 24.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Suzhou Keda Technology Co's current Gross Margin % is 57.54%, which is near median its own 10-year median of 57.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Suzhou Keda Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Suzhou Keda Technology Co (SHSE:603660) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥5.35, compared to a current price of ¥11.99 — trading 124.1% above its estimated fair value. The current Gross Margin % is 57.54%, which is near median its 10-year median of 57.07 and 135% above the Hardware industry median of 24.49. Suzhou Keda Technology Co's overall GF Score™ is 47/100 with 3 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 Suzhou Keda Technology Co (SHSE:603660), the current Gross Margin % is 57.54% 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 Suzhou Keda Technology Co (SHSE:603660) Overvalued in 2026?

Based on GuruFocus' analysis, Suzhou Keda Technology Co stock appears to be overvalued. The current stock price of ¥11.99 is trading 124.1% above its estimated GF Value™ of ¥5.35. GuruFocus considers Suzhou Keda Technology Co to be Significantly Overvalued.

Key valuation signals for SHSE:603660:

  • Gross Margin %: 57.54% (near median its 10-year median of 57.07)
  • GF Value™: ¥5.35 vs. price of ¥11.99 (124.1% above fair value)
  • GF Score™: 47/100 with 3 warning signs
  • Industry Position: 135% above the Hardware median (#314 of 2453)

No single metric tells the full story. See the SHSE:603660 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Suzhou Keda Technology Co Business Description

Address No. 131, Jinshan Road, High-tech Zone, Jiangsu Province, Suzhou, CHN, 215011
Suzhou Keda Technology Co Ltd is the video surveillance company and solution provider. The company's product line mainly include video surveillance products and video conferencing products. Its video surveillance product line include a recognitive camera, network codec, network video recorder and streaming media server. Its video conferencing product line includes the multipoint control unit and video conferencing peripheral devices. Its products are mainly applied in the fields of hospitals, military, medical, corporate and government sector.
47GF Score

Get the complete analysis for SHSE:603660

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

¥11.99
Price
¥5.35
GF Value