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SHSE:603829's Gross Margin % is ranked worse than 78.74% of 2996
companies
in the Industrial Products industry
Industry Median: 26.82
vs SHSE:603829: 15.57
Jiangsu Luokai Mechanical & Electrical Co had a gross margin of 14.93% for the quarter that ended in Mar. 2026 => No sustainable competitive advantage
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
Jiangsu Luokai Mechanical & Electrical Co had a gross margin of 14.93% 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.
Jiangsu Luokai Mechanical & Electrical Co Gross Margin % Related Terms
Jiangsu Luokai Mechanical & Electrical 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.
Jiangsu Luokai Mechanical & Electrical Co Gross Margin % Chart
Jiangsu Luokai Mechanical & Electrical Co Annual Data
For the Electrical Equipment & Parts subindustry, Jiangsu Luokai Mechanical & Electrical 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.
Jiangsu Luokai Mechanical & Electrical Co Gross Margin % vs Industrial Products Industry
* 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.
Jiangsu Luokai Mechanical & Electrical Co (SHSE:603829) has a Gross Margin % of 14.93% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Jiangsu Luokai Mechanical & Electrical Co and its competitors. This is 34% below median its historical median of 22.49. Over the past decade, Jiangsu Luokai Mechanical & Electrical Co's Gross Margin % has ranged from 15.57 to 24.97. According to the industry distribution chart, Jiangsu Luokai Mechanical & Electrical Co ranks #2359 out of 2996 companies in the Industrial Products industry, placing it in the top 78.7%.
Is Jiangsu Luokai Mechanical & Electrical Co's Gross Margin % too high?
Jiangsu Luokai Mechanical & Electrical Co's current Gross Margin % of 14.93% is 34% below median its 10-year median of 22.49. Over the past 10 years, this metric has ranged from a low of 15.57 to a high of 24.97. The Industrial Products industry median Gross Margin % is 26.82. Jiangsu Luokai Mechanical & Electrical Co's value of 14.93% is 44.3% below this industry median. Based on the distribution chart, Jiangsu Luokai Mechanical & Electrical Co ranks #2359 out of 2996 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Jiangsu Luokai Mechanical & Electrical Co has a GF Score™ of 80/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Jiangsu Luokai Mechanical & Electrical Co's Gross Margin % compare to VRT and BE?
According to the Industrial Products industry distribution chart, Jiangsu Luokai Mechanical & Electrical Co ranks #2359 out of 2996 companies for Gross Margin %. This places Jiangsu Luokai Mechanical & Electrical Co in the lower half of its industry. The industry median Gross Margin % is 26.82. Jiangsu Luokai Mechanical & Electrical Co's value of 14.93% is 44.3% below this benchmark. Historically, Jiangsu Luokai Mechanical & Electrical Co's own Gross Margin % has ranged from 15.57 to 24.97 over the past decade. While the company's 10-year median is 22.49 vs. the industry median of 26.82, Jiangsu Luokai Mechanical & Electrical 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 an Industrial Products company?
The median Gross Margin % among Industrial Products companies is 26.82, based on 2,996 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. Jiangsu Luokai Mechanical & Electrical Co's current Gross Margin % of 14.93% is 44.3% 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 Jiangsu Luokai Mechanical & Electrical 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. Jiangsu Luokai Mechanical & Electrical Co's current Gross Margin % is 14.93%, which is 34% below median its own 10-year median of 22.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jiangsu Luokai Mechanical & Electrical Co stock overvalued right now?
Based on GuruFocus' analysis, Jiangsu Luokai Mechanical & Electrical Co (SHSE:603829) is currently considered Fairly Valued. The stock's GF Value™ is ¥14.54, compared to a current price of ¥13.44 — trading 7.6% below its estimated fair value. The current Gross Margin % is 14.93%, which is 34% below median its 10-year median of 22.49 and 44.3% below the Industrial Products industry median of 26.82. Jiangsu Luokai Mechanical & Electrical Co's overall GF Score™ is 80/100 with 7 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 Jiangsu Luokai Mechanical & Electrical Co (SHSE:603829), the current Gross Margin % is 14.93% 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 Jiangsu Luokai Mechanical & Electrical Co (SHSE:603829) Overvalued in 2026?
Based on GuruFocus' analysis, Jiangsu Luokai Mechanical & Electrical Co stock appears to be undervalued.
The current stock price of ¥13.44 is trading 7.6% below its estimated GF Value™ of ¥14.54.
GuruFocus considers Jiangsu Luokai Mechanical & Electrical Co to be Fairly Valued.
Key valuation signals for SHSE:603829:
Gross Margin %: 14.93% (34% below median its 10-year median of 22.49)
GF Value™: ¥14.54 vs. price of ¥13.44 (7.6% below fair value)
Industry Position: 44.3% below the Industrial Products median (#2359 of 2996)
No single metric tells the full story. See the SHSE:603829 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Jiangsu Luokai Mechanical & Electrical Co Business Description
Jiangsu Luokai Mechanical & Electrical Co Ltd manufactures electrical components. The company produces accessories, parts and other supporting products of transmission and distribution switch equipment. The company's main products include low-voltage and high-voltage circuit breaker (drawing) frames, low-voltage circuit breaker operating mechanisms, high-voltage circuit breaker operating mechanisms, other high-voltage transmission and distribution equipment operating mechanisms, circuit breaker accessories and spare parts.
80GF Score
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