Wangli Security & Surveillance Product Co (SHSE:605268) Gross Margin %: 25.14% (As of Mar. 2026) — 10% Below Median


SHSE:605268 Wangli Security & Surveillance Product Co Ltd SHSE:605268
86 GF Score
Price ¥9.43
GF Value ¥10.23
Valuation Fairly Valued
! 6 Warning Signs
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What is Wangli Security & Surveillance Product Co Gross Margin %?

Wangli Security & Surveillance Product Co SHSE:605268 +4.08% 86 Gross Margin % is 25.14% as of Mar. 2026, which is 10% below its 10-year median of 27.81. GuruFocus rates SHSE:605268 with a GF Score™ of 86/100 and a GF Value™ of ¥10.23 (Fairly Valued). The stock has 6 warning signs investors should review. Among 1,006 Business Services companies, Wangli Security & Surveillance Product Co ranks worse than 63.52% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Wangli Security & Surveillance Product Co's Gross Profit for the three months ended in Mar. 2026 was ¥135 Mil. Wangli Security & Surveillance Product Co's Revenue for the three months ended in Mar. 2026 was ¥538 Mil. Therefore, Wangli Security & Surveillance Product Co's Gross Margin % for the quarter that ended in Mar. 2026 was 25.14%.

Warning Sign:

Wangli Security & Surveillance Product Co Ltd gross margin has been in long-term decline. The average rate of decline per year is -1.3%.


The historical rank and industry rank for Wangli Security & Surveillance Product Co's Gross Margin % or its related term are showing as below:

SHSE:605268' s Gross Margin % Range Over the Past 10 Years
Min: 24.45   Med: 27.81   Max: 37.61
Current: 26.79


During the past 10 years, the highest Gross Margin % of Wangli Security & Surveillance Product Co was 37.61%. The lowest was 24.45%. And the median was 27.81%.

SHSE:605268's Gross Margin % is ranked worse than
63.52% of 1006 companies
in the Business Services industry
Industry Median: 34.46 vs SHSE:605268: 26.79

Wangli Security & Surveillance Product Co had a gross margin of 25.14% for the quarter that ended in Mar. 2026 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Wangli Security & Surveillance Product Co was -1.30% per year.


Wangli Security & Surveillance Product Co  (SHSE:605268) 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

Wangli Security & Surveillance Product Co had a gross margin of 25.14% 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.


Wangli Security & Surveillance Product Co Gross Margin % Related Terms


Wangli Security & Surveillance Product Co Gross Margin % Historical Data

* Premium members only.

The historical data trend for Wangli Security & Surveillance Product 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.

Wangli Security & Surveillance Product Co Gross Margin % Chart

Wangli Security & Surveillance Product 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 24.45 24.46 26.75 26.60 27.17

Wangli Security & Surveillance Product 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 27.48 26.64 27.46 27.25 25.14

SHSE:605268 vs ALLE, MSA, ADT: Gross Margin % Comparison

For the Security & Protection Services subindustry, Wangli Security & Surveillance Product 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.


Wangli Security & Surveillance Product Co Gross Margin % vs Business Services Industry

For the Business Services industry and Industrials sector, Wangli Security & Surveillance Product Co's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Wangli Security & Surveillance Product Co's Gross Margin % falls into.


SHSE:605268
86GF Score
Wangli Security & Surveillance Product Co Ltd SHSE:605268
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Wangli Security & Surveillance Product Co Gross Margin % Calculation

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

Wangli Security & Surveillance Product 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 )
=878.4 / 3233.061
=(Revenue - Cost of Goods Sold) / Revenue
=(3233.061 - 2354.633) / 3233.061
=27.17 %

Wangli Security & Surveillance Product 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 )
=135.2 / 537.985
=(Revenue - Cost of Goods Sold) / Revenue
=(537.985 - 402.754) / 537.985
=25.14 %

* 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 25.14% mean?
Wangli Security & Surveillance Product Co (SHSE:605268) has a Gross Margin % of 25.14% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Wangli Security & Surveillance Product Co and its competitors. This is 10% below median its historical median of 27.81. Over the past decade, Wangli Security & Surveillance Product Co's Gross Margin % has ranged from 24.45 to 37.61. According to the industry distribution chart, Wangli Security & Surveillance Product Co ranks #639 out of 1006 companies in the Business Services industry, placing it in the top 63.5%.
Is Wangli Security & Surveillance Product Co's Gross Margin % too high?
Wangli Security & Surveillance Product Co's current Gross Margin % of 25.14% is 10% below median its 10-year median of 27.81. Over the past 10 years, this metric has ranged from a low of 24.45 to a high of 37.61. The Business Services industry median Gross Margin % is 34.46. Wangli Security & Surveillance Product Co's value of 25.14% is 27% below this industry median. Based on the distribution chart, Wangli Security & Surveillance Product Co ranks #639 out of 1006 companies in the Business Services industry, which is below the industry midpoint. Overall, Wangli Security & Surveillance Product Co has a GF Score™ of 86/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Wangli Security & Surveillance Product Co's Gross Margin % compare to ALLE and MSA?
According to the Business Services industry distribution chart, Wangli Security & Surveillance Product Co ranks #639 out of 1006 companies for Gross Margin %. This places Wangli Security & Surveillance Product Co in the lower half of its industry. The industry median Gross Margin % is 34.46. Wangli Security & Surveillance Product Co's value of 25.14% is 27% below this benchmark. Historically, Wangli Security & Surveillance Product Co's own Gross Margin % has ranged from 24.45 to 37.61 over the past decade. While the company's 10-year median is 27.81 vs. the industry median of 34.46, Wangli Security & Surveillance Product 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 a Business Services company?
The median Gross Margin % among Business Services companies is 34.46, based on 1,006 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. Wangli Security & Surveillance Product Co's current Gross Margin % of 25.14% is 27% 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 Wangli Security & Surveillance Product Co and its competitors. For the Business Services industry, the median Gross Margin % is 34.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Wangli Security & Surveillance Product Co's current Gross Margin % is 25.14%, which is 10% below median its own 10-year median of 27.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wangli Security & Surveillance Product Co stock overvalued right now?
Based on GuruFocus' analysis, Wangli Security & Surveillance Product Co (SHSE:605268) is currently considered Fairly Valued. The stock's GF Value™ is ¥10.23, compared to a current price of ¥9.43 — trading 7.8% below its estimated fair value. The current Gross Margin % is 25.14%, which is 10% below median its 10-year median of 27.81 and 27% below the Business Services industry median of 34.46. Wangli Security & Surveillance Product Co's overall GF Score™ is 86/100 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 Wangli Security & Surveillance Product Co (SHSE:605268), the current Gross Margin % is 25.14% 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 Wangli Security & Surveillance Product Co (SHSE:605268) Overvalued in 2026?

Based on GuruFocus' analysis, Wangli Security & Surveillance Product Co stock appears to be undervalued. The current stock price of ¥9.43 is trading 7.8% below its estimated GF Value™ of ¥10.23. GuruFocus considers Wangli Security & Surveillance Product Co to be Fairly Valued.

Key valuation signals for SHSE:605268:

  • Gross Margin %: 25.14% (10% below median its 10-year median of 27.81)
  • GF Value™: ¥10.23 vs. price of ¥9.43 (7.8% below fair value)
  • GF Score™: 86/100 with 6 warning signs
  • Industry Position: 27% below the Business Services median (#639 of 1006)

No single metric tells the full story. See the SHSE:605268 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Wangli Security & Surveillance Product Co Business Description

Address No. 9, Aigang Road, Yongkang Economic Development Zone, Zhejiang Province, Jinhua, CHN, 321300
Wangli Security & Surveillance Product Co Ltd is engaged in the research and development, design, production and sales of door products such as security doors and lock products such as mechanical locks and smart locks.
86GF Score

Get the complete analysis for SHSE:605268

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

¥9.43
Price
¥10.23
GF Value