Shanghai Moons' Electric Co (SHSE:603728) Gross Margin %: 37.02% (As of Mar. 2026) — Near Median

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SHSE:603728 Shanghai Moons' Electric Co Ltd SHSE:603728
80 GF Score
Price ¥47.01
GF Value ¥69.52
Valuation Significantly Undervalued
! 6 Warning Signs
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What is Shanghai Moons' Electric Co Gross Margin %?

Shanghai Moons' Electric Co SHSE:603728 -2.51% 80 Gross Margin % is 37.02% as of Mar. 2026, which is 2% below its 10-year median of 37.78. GuruFocus rates SHSE:603728 with a GF Score™ of 80/100 and a GF Value™ of ¥69.52 (Significantly Undervalued). The stock has 6 warning signs investors should review. Among 3,000 Industrial Products companies, Shanghai Moons' Electric Co ranks better than 72.33% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Shanghai Moons' Electric Co's Gross Profit for the three months ended in Mar. 2026 was ¥259 Mil. Shanghai Moons' Electric Co's Revenue for the three months ended in Mar. 2026 was ¥700 Mil. Therefore, Shanghai Moons' Electric Co's Gross Margin % for the quarter that ended in Mar. 2026 was 37.02%.

Warning Sign:

Shanghai Moons' Electric Co Ltd gross margin has been in long-term decline. The average rate of decline per year is -1.5%.


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

SHSE:603728' s Gross Margin % Range Over the Past 10 Years
Min: 34.99   Med: 37.78   Max: 40.17
Current: 36.45


During the past 13 years, the highest Gross Margin % of Shanghai Moons' Electric Co was 40.17%. The lowest was 34.99%. And the median was 37.78%.

SHSE:603728's Gross Margin % is ranked better than
72.33% of 3000 companies
in the Industrial Products industry
Industry Median: 26.82 vs SHSE:603728: 36.45

Shanghai Moons' Electric Co had a gross margin of 37.02% for the quarter that ended in Mar. 2026 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Shanghai Moons' Electric Co was -1.50% per year.


Shanghai Moons' Electric Co  (SHSE:603728) 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

Shanghai Moons' Electric Co had a gross margin of 37.02% 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.


Shanghai Moons' Electric Co Gross Margin % Related Terms


Shanghai Moons' Electric Co Gross Margin % Historical Data

* Premium members only.

The historical data trend for Shanghai Moons' Electric 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.

Shanghai Moons' Electric Co Gross Margin % Chart

Shanghai Moons' Electric 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 37.66 38.20 37.19 37.68 36.39

Shanghai Moons' Electric 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 36.87 33.46 37.77 37.54 37.02

SHSE:603728 vs VRT, BE: Gross Margin % Comparison

For the Electrical Equipment & Parts subindustry, Shanghai Moons' Electric 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.


Shanghai Moons' Electric Co Gross Margin % vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Shanghai Moons' Electric Co's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Shanghai Moons' Electric Co's Gross Margin % falls into.


SHSE:603728
80GF Score
Shanghai Moons' Electric Co Ltd SHSE:603728
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shanghai Moons' Electric Co Gross Margin % Calculation

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

Shanghai Moons' Electric 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 )
=1005.1 / 2761.978
=(Revenue - Cost of Goods Sold) / Revenue
=(2761.978 - 1756.84) / 2761.978
=36.39 %

Shanghai Moons' Electric 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 )
=259.3 / 700.402
=(Revenue - Cost of Goods Sold) / Revenue
=(700.402 - 441.091) / 700.402
=37.02 %

* 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 37.02% mean?
Shanghai Moons' Electric Co (SHSE:603728) has a Gross Margin % of 37.02% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Shanghai Moons' Electric Co and its competitors. This is near median its historical median of 37.78. Over the past decade, Shanghai Moons' Electric Co's Gross Margin % has ranged from 34.99 to 40.17. According to the industry distribution chart, Shanghai Moons' Electric Co ranks #830 out of 3000 companies in the Industrial Products industry, placing it in the top 27.7%.
Is Shanghai Moons' Electric Co's Gross Margin % too high?
Shanghai Moons' Electric Co's current Gross Margin % of 37.02% is near median its 10-year median of 37.78. Over the past 10 years, this metric has ranged from a low of 34.99 to a high of 40.17. The Industrial Products industry median Gross Margin % is 26.82. Shanghai Moons' Electric Co's value of 37.02% is 38% above this industry median. Based on the distribution chart, Shanghai Moons' Electric Co ranks #830 out of 3000 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Shanghai Moons' Electric Co has a GF Score™ of 80/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Shanghai Moons' Electric Co's Gross Margin % compare to VRT and BE?
According to the Industrial Products industry distribution chart, Shanghai Moons' Electric Co ranks #830 out of 3000 companies for Gross Margin %. This puts Shanghai Moons' Electric Co in the upper half of its industry. The industry median Gross Margin % is 26.82. Shanghai Moons' Electric Co's value of 37.02% is 38% above this benchmark. Historically, Shanghai Moons' Electric Co's own Gross Margin % has ranged from 34.99 to 40.17 over the past decade. While the company's 10-year median is 37.78 vs. the industry median of 26.82, Shanghai Moons' Electric 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 an Industrial Products company?
The median Gross Margin % among Industrial Products companies is 26.82, based on 3,000 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. Shanghai Moons' Electric Co's current Gross Margin % of 37.02% is 38% 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 Shanghai Moons' Electric Co and its competitors. For the Industrial Products industry, the median Gross Margin % is 26.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shanghai Moons' Electric Co's current Gross Margin % is 37.02%, which is near median its own 10-year median of 37.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shanghai Moons' Electric Co stock overvalued right now?
Based on GuruFocus' analysis, Shanghai Moons' Electric Co (SHSE:603728) is currently considered Significantly Undervalued. The stock's GF Value™ is ¥69.52, compared to a current price of ¥47.01 — trading 32.4% below its estimated fair value. The current Gross Margin % is 37.02%, which is near median its 10-year median of 37.78 and 38% above the Industrial Products industry median of 26.82. Shanghai Moons' Electric Co's overall GF Score™ is 80/100 with 6 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 Shanghai Moons' Electric Co (SHSE:603728), the current Gross Margin % is 37.02% 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 Shanghai Moons' Electric Co (SHSE:603728) Overvalued in 2026?

Based on GuruFocus' analysis, Shanghai Moons' Electric Co stock appears to be undervalued. The current stock price of ¥47.01 is trading 32.4% below its estimated GF Value™ of ¥69.52. GuruFocus considers Shanghai Moons' Electric Co to be Significantly Undervalued.

Key valuation signals for SHSE:603728:

  • Gross Margin %: 37.02% (near median its 10-year median of 37.78)
  • GF Value™: ¥69.52 vs. price of ¥47.01 (32.4% below fair value)
  • GF Score™: 80/100 with 6 warning signs
  • Industry Position: 38% above the Industrial Products median (#830 of 3000)

No single metric tells the full story. See the SHSE:603728 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shanghai Moons' Electric Co Business Description

Address No. 168 Mingjia Road, Minbei Industrial Zone, Minhang District, Shanghai, CHN, 201107
Shanghai Moons' Electric Co Ltd is a China based manufacturer of motion control, intelligent LED lighting control, and industrial equipment management. Its products include drives, slotless motors, rotary stepper products, LED drivers, and Step-Servo products. The company has a business presence in China and various other countries. In addition, the company also offers support and training services. The products offered by the company have applications in various fields including 3D printer, lightning, textile, security, telecom, and medical and life science.
80GF Score

Get the complete analysis for SHSE:603728

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

¥47.01
Price
¥69.52
GF Value