SHSE:605080's Gross Margin % is ranked worse than 70.11% of 793
companies
in the Travel & Leisure industry
Industry Median: 43.52
vs SHSE:605080: 30.76
Zhejiang Natural Outdoor Goods had a gross margin of 34.23% for the quarter that ended in Mar. 2026 => Competition eroding margins
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
Zhejiang Natural Outdoor Goods had a gross margin of 34.23% 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.
Zhejiang Natural Outdoor Goods Gross Margin % Related Terms
Zhejiang Natural Outdoor Goods 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.
SHSE:605080 vs AS, HAS, LTH: Gross Margin % Comparison
For the Leisure subindustry, Zhejiang Natural Outdoor Goods'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.
Zhejiang Natural Outdoor Goods Gross Margin % vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Zhejiang Natural Outdoor Goods's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Zhejiang Natural Outdoor Goods'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.
Zhejiang Natural Outdoor Goods (SHSE:605080) has a Gross Margin % of 34.23% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Zhejiang Natural Outdoor Goods and its competitors. This is near median its historical median of 36.10. Over the past decade, Zhejiang Natural Outdoor Goods' Gross Margin % has ranged from 30.76 to 40.68. According to the industry distribution chart, Zhejiang Natural Outdoor Goods ranks #556 out of 793 companies in the Travel & Leisure industry, placing it in the top 70.1%.
Is Zhejiang Natural Outdoor Goods' Gross Margin % too high?
Zhejiang Natural Outdoor Goods' current Gross Margin % of 34.23% is near median its 10-year median of 36.10. Over the past 10 years, this metric has ranged from a low of 30.76 to a high of 40.68. The Travel & Leisure industry median Gross Margin % is 43.52. Zhejiang Natural Outdoor Goods' value of 34.23% is 21.3% below this industry median. Based on the distribution chart, Zhejiang Natural Outdoor Goods ranks #556 out of 793 companies in the Travel & Leisure industry, which is below the industry midpoint. Overall, Zhejiang Natural Outdoor Goods has a GF Score™ of 80/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Zhejiang Natural Outdoor Goods' Gross Margin % compare to AS and HAS?
According to the Travel & Leisure industry distribution chart, Zhejiang Natural Outdoor Goods ranks #556 out of 793 companies for Gross Margin %. This places Zhejiang Natural Outdoor Goods in the lower half of its industry. The industry median Gross Margin % is 43.52. Zhejiang Natural Outdoor Goods' value of 34.23% is 21.3% below this benchmark. Historically, Zhejiang Natural Outdoor Goods' own Gross Margin % has ranged from 30.76 to 40.68 over the past decade. While the company's 10-year median is 36.10 vs. the industry median of 43.52, Zhejiang Natural Outdoor Goods 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 Travel & Leisure company?
The median Gross Margin % among Travel & Leisure companies is 43.52, based on 793 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. Zhejiang Natural Outdoor Goods's current Gross Margin % of 34.23% is 21.3% 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 Zhejiang Natural Outdoor Goods and its competitors. For the Travel & Leisure industry, the median Gross Margin % is 43.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zhejiang Natural Outdoor Goods's current Gross Margin % is 34.23%, which is near median its own 10-year median of 36.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhejiang Natural Outdoor Goods stock overvalued right now?
Based on GuruFocus' analysis, Zhejiang Natural Outdoor Goods (SHSE:605080) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥27.85, compared to a current price of ¥19.90 — trading 28.5% below its estimated fair value. The current Gross Margin % is 34.23%, which is near median its 10-year median of 36.10 and 21.3% below the Travel & Leisure industry median of 43.52. Zhejiang Natural Outdoor Goods' overall GF Score™ is 80/100 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 Zhejiang Natural Outdoor Goods (SHSE:605080), the current Gross Margin % is 34.23% 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 Zhejiang Natural Outdoor Goods (SHSE:605080) Overvalued in 2026?
Based on GuruFocus' analysis, Zhejiang Natural Outdoor Goods stock appears to be undervalued.
The current stock price of ¥19.90 is trading 28.5% below its estimated GF Value™ of ¥27.85.
GuruFocus considers Zhejiang Natural Outdoor Goods to be Modestly Undervalued.
Key valuation signals for SHSE:605080:
Gross Margin %: 34.23% (near median its 10-year median of 36.10)
GF Value™: ¥27.85 vs. price of ¥19.90 (28.5% below fair value)
Industry Position: 21.3% below the Travel & Leisure median (#556 of 793)
No single metric tells the full story. See the SHSE:605080 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Zhejiang Natural Outdoor Goods Business Description
Zhejiang Natural Outdoor Goods Inc is engaged in the research and development, design, production and sales of outdoor sports products such as inflatable mattresses, outdoor luggage, headrest cushions and others.
80GF Score
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