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SHSE:603687's Gross Margin % is ranked better than 52.52% of 278
companies
in the Forest Products industry
Industry Median: 18.825
vs SHSE:603687: 19.42
Zhejiang Great Shengda Packing Co had a gross margin of 19.35% for the quarter that ended in Mar. 2026 => No sustainable competitive advantage
Zhejiang Great Shengda Packing Co (SHSE:603687) 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
Zhejiang Great Shengda Packing Co had a gross margin of 19.35% 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.
Zhejiang Great Shengda Packing Co Gross Margin % Related Terms
Zhejiang Great Shengda Packing 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.
Zhejiang Great Shengda Packing Co Gross Margin % Chart
Zhejiang Great Shengda Packing Co Gross Margin % Competitor Comparison
For the Paper & Paper Products subindustry, Zhejiang Great Shengda Packing 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.
Zhejiang Great Shengda Packing Co Gross Margin % vs Forest Products Industry
For the Forest Products industry and Basic Materials sector, Zhejiang Great Shengda Packing Co's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Zhejiang Great Shengda Packing 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.
Zhejiang Great Shengda Packing Co (SHSE:603687) has a Gross Margin % of 19.35% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Zhejiang Great Shengda Packing Co and its competitors. This is near median its historical median of 18.01. Over the past decade, Zhejiang Great Shengda Packing Co's Gross Margin % has ranged from 11.68 to 24.09. According to the industry distribution chart, Zhejiang Great Shengda Packing Co ranks #132 out of 278 companies in the Forest Products industry, placing it in the top 47.5%.
Is Zhejiang Great Shengda Packing Co's Gross Margin % too high?
Zhejiang Great Shengda Packing Co's current Gross Margin % of 19.35% is near median its 10-year median of 18.01. Over the past 10 years, this metric has ranged from a low of 11.68 to a high of 24.09. The Forest Products industry median Gross Margin % is 18.83. Zhejiang Great Shengda Packing Co's value of 19.35% is 2.8% above this industry median. Based on the distribution chart, Zhejiang Great Shengda Packing Co ranks #132 out of 278 companies in the Forest Products industry, which is above the industry midpoint. Overall, Zhejiang Great Shengda Packing Co 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 Great Shengda Packing Co's Gross Margin % compare to competitors?
According to the Forest Products industry distribution chart, Zhejiang Great Shengda Packing Co ranks #132 out of 278 companies for Gross Margin %. This puts Zhejiang Great Shengda Packing Co in the upper half of its industry. The industry median Gross Margin % is 18.83. Zhejiang Great Shengda Packing Co's value of 19.35% is 2.8% above this benchmark. Historically, Zhejiang Great Shengda Packing Co's own Gross Margin % has ranged from 11.68 to 24.09 over the past decade. While the company's 10-year median is 18.01 vs. the industry median of 18.83, Zhejiang Great Shengda Packing 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 Forest Products company?
The median Gross Margin % among Forest Products companies is 18.83, based on 278 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 Great Shengda Packing Co's current Gross Margin % of 19.35% is 2.8% 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 Great Shengda Packing Co and its competitors. For the Forest Products industry, the median Gross Margin % is 18.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zhejiang Great Shengda Packing Co's current Gross Margin % is 19.35%, which is near median its own 10-year median of 18.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhejiang Great Shengda Packing Co stock overvalued right now?
Based on GuruFocus' analysis, Zhejiang Great Shengda Packing Co (SHSE:603687) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥9.66, compared to a current price of ¥12.50 — trading 29.4% above its estimated fair value. The current Gross Margin % is 19.35%, which is near median its 10-year median of 18.01 and 2.8% above the Forest Products industry median of 18.83. Zhejiang Great Shengda Packing Co's overall GF Score™ is 67/100 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 Zhejiang Great Shengda Packing Co (SHSE:603687), the current Gross Margin % is 19.35% 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 Great Shengda Packing Co (SHSE:603687) Overvalued in 2026?
Based on GuruFocus' analysis, Zhejiang Great Shengda Packing Co stock appears to be overvalued.
The current stock price of ¥12.50 is trading 29.4% above its estimated GF Value™ of ¥9.66.
GuruFocus considers Zhejiang Great Shengda Packing Co to be Modestly Overvalued.
Key valuation signals for SHSE:603687:
Gross Margin %: 19.35% (near median its 10-year median of 18.01)
GF Value™: ¥9.66 vs. price of ¥12.50 (29.4% above fair value)
Industry Position: 2.8% above the Forest Products median (#132 of 278)
No single metric tells the full story. See the SHSE:603687 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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