Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Henan Lantian Gas CoSHSE:605368 +1.20%66 Gross Margin % is 14.58% as of Mar. 2026, which is 20% below its 10-year median of 18.19. GuruFocus rates SHSE:605368 with a GF Score™ of 66/100 and a GF Value™ of ¥8.61 (Modestly Undervalued). The stock has 8 warning signs investors should review. Among 490 Utilities - Regulated companies, Henan Lantian Gas Co ranks worse than 80% on this metric.
Henan Lantian Gas 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 Henan Lantian Gas Co's Gross Margin % or its related term are showing as below:
SHSE:605368'
s Gross Margin % Range Over the Past 10 Years
Min: 15.36 Med: 18.19 Max: 21.38
Current: 15.36
During the past 13 years, the highestGross Margin % of Henan Lantian Gas Co was 21.38%. The lowest was 15.36%. And the median was 18.19%.
SHSE:605368's Gross Margin % is ranked worse than 80% of 490
companies
in the Utilities - Regulated industry
Industry Median: 30.755
vs SHSE:605368: 15.36
Henan Lantian Gas Co had a gross margin of 14.58% for the quarter that ended in Mar. 2026 => No sustainable competitive advantage
The 5-Year average Growth Rate of Gross Margin for Henan Lantian Gas Co was -1.30% per year.
Henan Lantian Gas Co (SHSE:605368) 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
Henan Lantian Gas Co had a gross margin of 14.58% 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.
Henan Lantian Gas Co Gross Margin % Related Terms
Henan Lantian Gas Co Gross Margin % Historical Data
* Premium members only.
The historical data trend for Henan Lantian Gas 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.
For the Utilities - Regulated Gas subindustry, Henan Lantian Gas 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.
Henan Lantian Gas Co Gross Margin % vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Henan Lantian Gas Co's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Henan Lantian Gas Co'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.
Henan Lantian Gas Co (SHSE:605368) has a Gross Margin % of 14.58% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Henan Lantian Gas Co and its competitors. This is 20% below median its historical median of 18.19. Over the past decade, Henan Lantian Gas Co's Gross Margin % has ranged from 15.36 to 21.38. According to the industry distribution chart, Henan Lantian Gas Co ranks #392 out of 490 companies in the Utilities - Regulated industry, placing it in the top 80%.
Is Henan Lantian Gas Co's Gross Margin % too high?
Henan Lantian Gas Co's current Gross Margin % of 14.58% is 20% below median its 10-year median of 18.19. Over the past 10 years, this metric has ranged from a low of 15.36 to a high of 21.38. The Utilities - Regulated industry median Gross Margin % is 30.76. Henan Lantian Gas Co's value of 14.58% is 52.6% below this industry median. Based on the distribution chart, Henan Lantian Gas Co ranks #392 out of 490 companies in the Utilities - Regulated industry, which is in the bottom quartile relative to peers. Overall, Henan Lantian Gas Co has a GF Score™ of 66/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Henan Lantian Gas Co's Gross Margin % compare to ATO and NI?
According to the Utilities - Regulated industry distribution chart, Henan Lantian Gas Co ranks #392 out of 490 companies for Gross Margin %. This places Henan Lantian Gas Co in the lower half of its industry. The industry median Gross Margin % is 30.76. Henan Lantian Gas Co's value of 14.58% is 52.6% below this benchmark. Historically, Henan Lantian Gas Co's own Gross Margin % has ranged from 15.36 to 21.38 over the past decade. While the company's 10-year median is 18.19 vs. the industry median of 30.76, Henan Lantian Gas 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 Utilities - Regulated company?
The median Gross Margin % among Utilities - Regulated companies is 30.76, based on 490 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. Henan Lantian Gas Co's current Gross Margin % of 14.58% is 52.6% 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 Henan Lantian Gas Co and its competitors. For the Utilities - Regulated industry, the median Gross Margin % is 30.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Henan Lantian Gas Co's current Gross Margin % is 14.58%, which is 20% below median its own 10-year median of 18.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Henan Lantian Gas Co stock overvalued right now?
Based on GuruFocus' analysis, Henan Lantian Gas Co (SHSE:605368) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥8.61, compared to a current price of ¥6.73 — trading 21.8% below its estimated fair value. The current Gross Margin % is 14.58%, which is 20% below median its 10-year median of 18.19 and 52.6% below the Utilities - Regulated industry median of 30.76. Henan Lantian Gas Co's overall GF Score™ is 66/100 with 8 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 Henan Lantian Gas Co (SHSE:605368), the current Gross Margin % is 14.58% 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 Henan Lantian Gas Co (SHSE:605368) Overvalued in 2026?
Based on GuruFocus' analysis, Henan Lantian Gas Co stock appears to be undervalued.
The current stock price of ¥6.73 is trading 21.8% below its estimated GF Value™ of ¥8.61.
GuruFocus considers Henan Lantian Gas Co to be Modestly Undervalued.
Key valuation signals for SHSE:605368:
Gross Margin %: 14.58% (20% below median its 10-year median of 18.19)
GF Value™: ¥8.61 vs. price of ¥6.73 (21.8% below fair value)
Industry Position: 52.6% below the Utilities - Regulated median (#392 of 490)
No single metric tells the full story. See the SHSE:605368 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Henan Lantian Gas Co Ltd is involved in the natural gas transmission and sales business. The company's natural gas branch has a total length of more than 700 kilometers and covers a population of more than 50 million.
66GF Score
Get the complete analysis for SHSE:605368
Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
SHSE:605368 has been successfully added to your 
