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Silvery Dragon Group Co Tianjin (SHSE:603969) 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
Silvery Dragon Group Co Tianjin had a gross margin of 25.76% 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.
Silvery Dragon Group Co Tianjin Gross Margin % Related Terms
Silvery Dragon Group Co Tianjin 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.
Silvery Dragon Group Co Tianjin Gross Margin % Chart
SHSE:603969 vs NUE, STLD, RS: Gross Margin % Comparison
For the Steel subindustry, Silvery Dragon Group Co Tianjin'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.
Silvery Dragon Group Co Tianjin Gross Margin % vs Steel Industry
For the Steel industry and Basic Materials sector, Silvery Dragon Group Co Tianjin's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Silvery Dragon Group Co Tianjin'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.
Silvery Dragon Group Co Tianjin (SHSE:603969) has a Gross Margin % of 25.76% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Silvery Dragon Group Co Tianjin and its competitors. This is 51% above median its historical median of 17.08. Over the past decade, Silvery Dragon Group Co Tianjin's Gross Margin % has ranged from 13.33 to 25.35. According to the industry distribution chart, Silvery Dragon Group Co Tianjin ranks #125 out of 594 companies in the Steel industry, placing it in the top 21%.
Is Silvery Dragon Group Co Tianjin's Gross Margin % too high?
Silvery Dragon Group Co Tianjin's current Gross Margin % of 25.76% is 51% above median its 10-year median of 17.08. Over the past 10 years, this metric has ranged from a low of 13.33 to a high of 25.35. The Steel industry median Gross Margin % is 12.55. Silvery Dragon Group Co Tianjin's value of 25.76% is 105.3% above this industry median. Based on the distribution chart, Silvery Dragon Group Co Tianjin ranks #125 out of 594 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, Silvery Dragon Group Co Tianjin has a GF Score™ of 84/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Silvery Dragon Group Co Tianjin's Gross Margin % compare to NUE and STLD?
According to the Steel industry distribution chart, Silvery Dragon Group Co Tianjin ranks #125 out of 594 companies for Gross Margin %. This places Silvery Dragon Group Co Tianjin in the top 21% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 12.55. Silvery Dragon Group Co Tianjin's value of 25.76% is 105.3% above this benchmark. Historically, Silvery Dragon Group Co Tianjin's own Gross Margin % has ranged from 13.33 to 25.35 over the past decade. While the company's 10-year median is 17.08 vs. the industry median of 12.55, Silvery Dragon Group Co Tianjin 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 Steel company?
The median Gross Margin % among Steel companies is 12.55, based on 594 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. Silvery Dragon Group Co Tianjin's current Gross Margin % of 25.76% is 105.3% 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 Silvery Dragon Group Co Tianjin and its competitors. For the Steel industry, the median Gross Margin % is 12.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Silvery Dragon Group Co Tianjin's current Gross Margin % is 25.76%, which is 51% above median its own 10-year median of 17.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Silvery Dragon Group Co Tianjin stock overvalued right now?
Based on GuruFocus' analysis, Silvery Dragon Group Co Tianjin (SHSE:603969) is currently considered Fairly Valued. The stock's GF Value™ is ¥7.54, compared to a current price of ¥7.10 — trading 5.8% below its estimated fair value. The current Gross Margin % is 25.76%, which is 51% above median its 10-year median of 17.08 and 105.3% above the Steel industry median of 12.55. Silvery Dragon Group Co Tianjin's overall GF Score™ is 84/100 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 Silvery Dragon Group Co Tianjin (SHSE:603969), the current Gross Margin % is 25.76% 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 Silvery Dragon Group Co Tianjin (SHSE:603969) Overvalued in 2026?
Based on GuruFocus' analysis, Silvery Dragon Group Co Tianjin stock appears to be undervalued.
The current stock price of ¥7.10 is trading 5.8% below its estimated GF Value™ of ¥7.54.
GuruFocus considers Silvery Dragon Group Co Tianjin to be Fairly Valued.
Key valuation signals for SHSE:603969:
Gross Margin %: 25.76% (51% above median its 10-year median of 17.08)
GF Value™: ¥7.54 vs. price of ¥7.10 (5.8% below fair value)
Industry Position: 105.3% above the Steel median (#125 of 594)
No single metric tells the full story. See the SHSE:603969 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Silvery Dragon Group Co Tianjin Business Description
Silvery Dragon Group Co Ltd Tianjin is engaged in the research, development, production, and sale of steel for prestressed concrete. Its licensed business activities include the production of steel bar products for construction, the undertaking of construction projects and the design of construction projects.
84GF Score
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