Anji Foodstuff Co (SHSE:603696) Gross Margin %: 24.10% (As of Mar. 2026) — Near Median

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SHSE:603696 Anji Foodstuff Co Ltd SHSE:603696
72 GF Score
Price ¥13.34
GF Value ¥10.02
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Anji Foodstuff Co Gross Margin %?

Anji Foodstuff Co SHSE:603696 +0.98% 72 Gross Margin % is 24.10% as of Mar. 2026, which is 4% above its 10-year median of 23.16. GuruFocus rates SHSE:603696 with a GF Score™ of 72/100 and a GF Value™ of ¥10.02 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 1,910 Consumer Packaged Goods companies, Anji Foodstuff Co ranks worse than 66.44% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Anji Foodstuff Co's Gross Profit for the three months ended in Mar. 2026 was ¥31.8 Mil. Anji Foodstuff Co's Revenue for the three months ended in Mar. 2026 was ¥132.0 Mil. Therefore, Anji Foodstuff Co's Gross Margin % for the quarter that ended in Mar. 2026 was 24.10%.

Warning Sign:

Anji Foodstuff Co Ltd gross margin has been in long-term decline. The average rate of decline per year is -6.3%.


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

SHSE:603696' s Gross Margin % Range Over the Past 10 Years
Min: 16.3   Med: 23.16   Max: 36.08
Current: 19.07


During the past 13 years, the highest Gross Margin % of Anji Foodstuff Co was 36.08%. The lowest was 16.30%. And the median was 23.16%.

SHSE:603696's Gross Margin % is ranked worse than
66.44% of 1910 companies
in the Consumer Packaged Goods industry
Industry Median: 26.37 vs SHSE:603696: 19.07

Anji Foodstuff Co had a gross margin of 24.10% for the quarter that ended in Mar. 2026 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Anji Foodstuff Co was -6.30% per year.


Anji Foodstuff Co  (SHSE:603696) 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

Anji Foodstuff Co had a gross margin of 24.10% 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.


Anji Foodstuff Co Gross Margin % Related Terms


Anji Foodstuff Co Gross Margin % Historical Data

* Premium members only.

The historical data trend for Anji Foodstuff 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.

Anji Foodstuff Co Gross Margin % Chart

Anji Foodstuff 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 21.57 16.30 16.79 18.06 17.39

Anji Foodstuff 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 16.38 17.04 17.81 18.01 24.10

SHSE:603696 vs KHC, GIS: Gross Margin % Comparison

For the Packaged Foods subindustry, Anji Foodstuff 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.


Anji Foodstuff Co Gross Margin % vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Anji Foodstuff Co's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Anji Foodstuff Co's Gross Margin % falls into.


SHSE:603696
72GF Score
Anji Foodstuff Co Ltd SHSE:603696
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Anji Foodstuff Co Gross Margin % Calculation

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

Anji Foodstuff 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 )
=101.8 / 585.485
=(Revenue - Cost of Goods Sold) / Revenue
=(585.485 - 483.685) / 585.485
=17.39 %

Anji Foodstuff 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 )
=31.8 / 131.968
=(Revenue - Cost of Goods Sold) / Revenue
=(131.968 - 100.166) / 131.968
=24.10 %

* 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 24.10% mean?
Anji Foodstuff Co (SHSE:603696) has a Gross Margin % of 24.10% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Anji Foodstuff Co and its competitors. This is near median its historical median of 23.16. Over the past decade, Anji Foodstuff Co's Gross Margin % has ranged from 16.30 to 36.08. According to the industry distribution chart, Anji Foodstuff Co ranks #1269 out of 1910 companies in the Consumer Packaged Goods industry, placing it in the top 66.4%.
Is Anji Foodstuff Co's Gross Margin % too high?
Anji Foodstuff Co's current Gross Margin % of 24.10% is near median its 10-year median of 23.16. Over the past 10 years, this metric has ranged from a low of 16.30 to a high of 36.08. The Consumer Packaged Goods industry median Gross Margin % is 26.37. Anji Foodstuff Co's value of 24.10% is 8.6% below this industry median. Based on the distribution chart, Anji Foodstuff Co ranks #1269 out of 1910 companies in the Consumer Packaged Goods industry, which is below the industry midpoint. Overall, Anji Foodstuff Co has a GF Score™ of 72/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Anji Foodstuff Co's Gross Margin % compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Anji Foodstuff Co ranks #1269 out of 1910 companies for Gross Margin %. This places Anji Foodstuff Co in the lower half of its industry. The industry median Gross Margin % is 26.37. Anji Foodstuff Co's value of 24.10% is 8.6% below this benchmark. Historically, Anji Foodstuff Co's own Gross Margin % has ranged from 16.30 to 36.08 over the past decade. While the company's 10-year median is 23.16 vs. the industry median of 26.37, Anji Foodstuff 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 Consumer Packaged Goods company?
The median Gross Margin % among Consumer Packaged Goods companies is 26.37, based on 1,910 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. Anji Foodstuff Co's current Gross Margin % of 24.10% is 8.6% 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 Anji Foodstuff Co and its competitors. For the Consumer Packaged Goods industry, the median Gross Margin % is 26.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Anji Foodstuff Co's current Gross Margin % is 24.10%, which is near median its own 10-year median of 23.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Anji Foodstuff Co stock overvalued right now?
Based on GuruFocus' analysis, Anji Foodstuff Co (SHSE:603696) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥10.02, compared to a current price of ¥13.34 — trading 33.1% above its estimated fair value. The current Gross Margin % is 24.10%, which is near median its 10-year median of 23.16 and 8.6% below the Consumer Packaged Goods industry median of 26.37. Anji Foodstuff Co's overall GF Score™ is 72/100 with 4 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 Anji Foodstuff Co (SHSE:603696), the current Gross Margin % is 24.10% 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 Anji Foodstuff Co (SHSE:603696) Overvalued in 2026?

Based on GuruFocus' analysis, Anji Foodstuff Co stock appears to be overvalued. The current stock price of ¥13.34 is trading 33.1% above its estimated GF Value™ of ¥10.02. GuruFocus considers Anji Foodstuff Co to be Significantly Overvalued.

Key valuation signals for SHSE:603696:

  • Gross Margin %: 24.10% (near median its 10-year median of 23.16)
  • GF Value™: ¥10.02 vs. price of ¥13.34 (33.1% above fair value)
  • GF Score™: 72/100 with 4 warning signs
  • Industry Position: 8.6% below the Consumer Packaged Goods median (#1269 of 1910)

No single metric tells the full story. See the SHSE:603696 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Anji Foodstuff Co Business Description

Address 4-9A, Qingmeng Science and Technology Industrial Zone, Fujian Province, Quanzhou, CHN, 362005
Anji Foodstuff Co Ltd is engaged in the research and development, production and sales of seasoning. The company has five products namely seasoning powder of mixed flavors, seasoning from natural extracts, herbs and spices, sauce and condensed soup. Its seasoning powder of mixed flavors includes seasoning for spare-rib, concentrated pork stock, beef powder, and other. Its seasonings from natural extracts comprise mushroom extract seasoning, bonito flavor bisque, scallop bisque, and others. The company herbs and spices comprise white pepper powder, five spices powder, and others; sauces include oyster, chili, curry seasoning, spare rib, and other sauces.
72GF Score

Get the complete analysis for SHSE:603696

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

¥13.34
Price
¥10.02
GF Value