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Leysen JewelrySHSE:603900 56 Gross Margin % is 47.77% as of Mar. 2026, which is 13% below its 10-year median of 54.97. GuruFocus rates SHSE:603900 with a GF Score™ of 56/100 and a GF Value™ of ¥12.48 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 1,119 Retail - Cyclical companies, Leysen Jewelry ranks better than 57.64% on this metric.
Leysen Jewelry Inc gross margin has been in long-term decline. The average rate of decline per year is -10.1%.
The historical rank and industry rank for Leysen Jewelry's Gross Margin % or its related term are showing as below:
SHSE:603900'
s Gross Margin % Range Over the Past 10 Years
Min: 33.18 Med: 54.97 Max: 58.26
Current: 39.79
During the past 13 years, the highestGross Margin % of Leysen Jewelry was 58.26%. The lowest was 33.18%. And the median was 54.97%.
SHSE:603900's Gross Margin % is ranked better than 57.64% of 1119
companies
in the Retail - Cyclical industry
Industry Median: 36.29
vs SHSE:603900: 39.79
Leysen Jewelry had a gross margin of 47.77% for the quarter that ended in Mar. 2026 => Durable competitive advantage
The 5-Year average Growth Rate of Gross Margin for Leysen Jewelry was -10.10% per year.
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
Leysen Jewelry had a gross margin of 47.77% for the quarter that ended in Mar. 2026 => Durable 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.
Leysen Jewelry Gross Margin % Related Terms
Leysen Jewelry Gross Margin % Historical Data
* Premium members only.
The historical data trend for Leysen Jewelry'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.
For the Luxury Goods subindustry, Leysen Jewelry'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.
Leysen Jewelry Gross Margin % vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Leysen Jewelry's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Leysen Jewelry'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.
Leysen Jewelry (SHSE:603900) has a Gross Margin % of 47.77% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Leysen Jewelry and its competitors. This is 13% below median its historical median of 54.97. Over the past decade, Leysen Jewelry's Gross Margin % has ranged from 33.18 to 58.26. According to the industry distribution chart, Leysen Jewelry ranks #474 out of 1119 companies in the Retail - Cyclical industry, placing it in the top 42.4%.
Is Leysen Jewelry's Gross Margin % too high?
Leysen Jewelry's current Gross Margin % of 47.77% is 13% below median its 10-year median of 54.97. Over the past 10 years, this metric has ranged from a low of 33.18 to a high of 58.26. The Retail - Cyclical industry median Gross Margin % is 36.29. Leysen Jewelry's value of 47.77% is 31.6% above this industry median. Based on the distribution chart, Leysen Jewelry ranks #474 out of 1119 companies in the Retail - Cyclical industry, which is above the industry midpoint. Overall, Leysen Jewelry has a GF Score™ of 56/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Leysen Jewelry's Gross Margin % compare to TPR?
According to the Retail - Cyclical industry distribution chart, Leysen Jewelry ranks #474 out of 1119 companies for Gross Margin %. This puts Leysen Jewelry in the upper half of its industry. The industry median Gross Margin % is 36.29. Leysen Jewelry's value of 47.77% is 31.6% above this benchmark. Historically, Leysen Jewelry's own Gross Margin % has ranged from 33.18 to 58.26 over the past decade. While the company's 10-year median is 54.97 vs. the industry median of 36.29, Leysen Jewelry 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 Retail - Cyclical company?
The median Gross Margin % among Retail - Cyclical companies is 36.29, based on 1,119 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. Leysen Jewelry's current Gross Margin % of 47.77% is 31.6% 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 Leysen Jewelry and its competitors. For the Retail - Cyclical industry, the median Gross Margin % is 36.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Leysen Jewelry's current Gross Margin % is 47.77%, which is 13% below median its own 10-year median of 54.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Leysen Jewelry stock overvalued right now?
Based on GuruFocus' analysis, Leysen Jewelry (SHSE:603900) is currently considered Significantly Undervalued. The stock's GF Value™ is ¥12.48, compared to a current price of ¥5.86 — trading 53% below its estimated fair value. The current Gross Margin % is 47.77%, which is 13% below median its 10-year median of 54.97 and 31.6% above the Retail - Cyclical industry median of 36.29. Leysen Jewelry's overall GF Score™ is 56/100 with 2 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 Leysen Jewelry (SHSE:603900), the current Gross Margin % is 47.77% 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 Leysen Jewelry (SHSE:603900) Overvalued in 2026?
Based on GuruFocus' analysis, Leysen Jewelry stock appears to be undervalued.
The current stock price of ¥5.86 is trading 53% below its estimated GF Value™ of ¥12.48.
GuruFocus considers Leysen Jewelry to be Significantly Undervalued.
Key valuation signals for SHSE:603900:
Gross Margin %: 47.77% (13% below median its 10-year median of 54.97)
GF Value™: ¥12.48 vs. price of ¥5.86 (53% below fair value)
Industry Position: 31.6% above the Retail - Cyclical median (#474 of 1119)
No single metric tells the full story. See the SHSE:603900 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Leysen Jewelry Inc operates in the jewellery industry. The company is mainly engaged in brand operation management, product designing, research and development and retail of jewellery. The main products offering include diamonds, precious stones, jewellery made of jade, gold, platinum and other materials.
56GF Score
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