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Zoy Home Furnishing CoSHSE:603709 +2.48%78 Gross Margin % is 27.01% as of Mar. 2026, which is 17% above its 10-year median of 23.10. GuruFocus rates SHSE:603709 with a GF Score™ of 78/100 and a GF Value™ of ¥13.90 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 417 Furnishings, Fixtures & Appliances companies, Zoy Home Furnishing Co ranks worse than 70.5% on this metric.
SHSE:603709's Gross Margin % is ranked worse than 70.5% of 417
companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 29.36
vs SHSE:603709: 22.22
Zoy Home Furnishing Co had a gross margin of 27.01% for the quarter that ended in Mar. 2026 => Competition eroding margins
The 5-Year average Growth Rate of Gross Margin for Zoy Home Furnishing Co was 4.40% per year.
Zoy Home Furnishing Co (SHSE:603709) 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
Zoy Home Furnishing Co had a gross margin of 27.01% 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.
Zoy Home Furnishing Co Gross Margin % Related Terms
Zoy Home Furnishing Co Gross Margin % Historical Data
* Premium members only.
The historical data trend for Zoy Home Furnishing 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.
SHSE:603709 vs SN, SGI, MHK: Gross Margin % Comparison
For the Furnishings, Fixtures & Appliances subindustry, Zoy Home Furnishing 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.
Zoy Home Furnishing Co Gross Margin % vs Furnishings, Fixtures & Appliances Industry
For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Zoy Home Furnishing Co's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Zoy Home Furnishing 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.
Zoy Home Furnishing Co (SHSE:603709) has a Gross Margin % of 27.01% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Zoy Home Furnishing Co and its competitors. This is 17% above median its historical median of 23.10. Over the past decade, Zoy Home Furnishing Co's Gross Margin % has ranged from 13.99 to 30.31. According to the industry distribution chart, Zoy Home Furnishing Co ranks #294 out of 417 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 70.5%.
Is Zoy Home Furnishing Co's Gross Margin % too high?
Zoy Home Furnishing Co's current Gross Margin % of 27.01% is 17% above median its 10-year median of 23.10. Over the past 10 years, this metric has ranged from a low of 13.99 to a high of 30.31. The Furnishings, Fixtures & Appliances industry median Gross Margin % is 29.36. Zoy Home Furnishing Co's value of 27.01% is 8% below this industry median. Based on the distribution chart, Zoy Home Furnishing Co ranks #294 out of 417 companies in the Furnishings, Fixtures & Appliances industry, which is below the industry midpoint. Overall, Zoy Home Furnishing Co has a GF Score™ of 78/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Zoy Home Furnishing Co's Gross Margin % compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Zoy Home Furnishing Co ranks #294 out of 417 companies for Gross Margin %. This places Zoy Home Furnishing Co in the lower half of its industry. The industry median Gross Margin % is 29.36. Zoy Home Furnishing Co's value of 27.01% is 8% below this benchmark. Historically, Zoy Home Furnishing Co's own Gross Margin % has ranged from 13.99 to 30.31 over the past decade. While the company's 10-year median is 23.10 vs. the industry median of 29.36, Zoy Home Furnishing 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 Furnishings, Fixtures & Appliances company?
The median Gross Margin % among Furnishings, Fixtures & Appliances companies is 29.36, 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. Zoy Home Furnishing Co's current Gross Margin % of 27.01% is 8% 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 Zoy Home Furnishing Co and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Gross Margin % is 29.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zoy Home Furnishing Co's current Gross Margin % is 27.01%, which is 17% above median its own 10-year median of 23.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zoy Home Furnishing Co stock overvalued right now?
Based on GuruFocus' analysis, Zoy Home Furnishing Co (SHSE:603709) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥13.90, compared to a current price of ¥10.76 — trading 22.6% below its estimated fair value. The current Gross Margin % is 27.01%, which is 17% above median its 10-year median of 23.10 and 8% below the Furnishings, Fixtures & Appliances industry median of 29.36. Zoy Home Furnishing Co's overall GF Score™ is 78/100 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 Zoy Home Furnishing Co (SHSE:603709), the current Gross Margin % is 27.01% 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 Zoy Home Furnishing Co (SHSE:603709) Overvalued in 2026?
Based on GuruFocus' analysis, Zoy Home Furnishing Co stock appears to be undervalued.
The current stock price of ¥10.76 is trading 22.6% below its estimated GF Value™ of ¥13.90.
GuruFocus considers Zoy Home Furnishing Co to be Modestly Undervalued.
Key valuation signals for SHSE:603709:
Gross Margin %: 27.01% (17% above median its 10-year median of 23.10)
GF Value™: ¥13.90 vs. price of ¥10.76 (22.6% below fair value)
Industry Position: 8% below the Furnishings, Fixtures & Appliances median (#294 of 417)
No single metric tells the full story. See the SHSE:603709 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Zoy Home Furnishing Co Ltd manufactures and markets furniture. The Company designs, produces, and sells ordinary and ergonomic sofas, and other related products. The company's products mainly include functional sofas, fixed sofas and single lounge chairs and others, such as manual function sofa, electric function sofa, armrest push back sofas, elderly chairs, household and commercial sofas and household and commercial single leisure chairs.
78GF Score
Get the complete analysis for SHSE:603709
Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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