ASR Microelectronics Co (SHSE:688220) Gross Margin %: 30.14% (As of Mar. 2026) — 21% Above Median

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SHSE:688220 ASR Microelectronics Co Ltd SHSE:688220
80 GF Score
Price ¥110.12
GF Value ¥111.82
Valuation Fairly Valued
! 5 Warning Signs
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What is ASR Microelectronics Co Gross Margin %?

ASR Microelectronics Co SHSE:688220 -1.48% 80 Gross Margin % is 30.14% as of Mar. 2026, which is 21% above its 10-year median of 24.95. GuruFocus rates SHSE:688220 with a GF Score™ of 80/100 and a GF Value™ of ¥111.82 (Fairly Valued). The stock has 5 warning signs investors should review. Among 1,010 Semiconductors companies, ASR Microelectronics Co ranks worse than 57.52% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. ASR Microelectronics Co's Gross Profit for the three months ended in Mar. 2026 was ¥341 Mil. ASR Microelectronics Co's Revenue for the three months ended in Mar. 2026 was ¥1,130 Mil. Therefore, ASR Microelectronics Co's Gross Margin % for the quarter that ended in Mar. 2026 was 30.14%.

Warning Sign:

ASR Microelectronics Co Ltd gross margin has been in long-term decline. The average rate of decline per year is -1.9%.


The historical rank and industry rank for ASR Microelectronics Co's Gross Margin % or its related term are showing as below:

SHSE:688220' s Gross Margin % Range Over the Past 10 Years
Min: 18.08   Med: 24.95   Max: 40.66
Current: 26.09


During the past 9 years, the highest Gross Margin % of ASR Microelectronics Co was 40.66%. The lowest was 18.08%. And the median was 24.95%.

SHSE:688220's Gross Margin % is ranked worse than
57.52% of 1010 companies
in the Semiconductors industry
Industry Median: 29.605 vs SHSE:688220: 26.09

ASR Microelectronics Co had a gross margin of 30.14% for the quarter that ended in Mar. 2026 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for ASR Microelectronics Co was -1.90% per year.


ASR Microelectronics Co  (SHSE:688220) 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

ASR Microelectronics Co had a gross margin of 30.14% 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.


ASR Microelectronics Co Gross Margin % Related Terms


ASR Microelectronics Co Gross Margin % Historical Data

* Premium members only.

The historical data trend for ASR Microelectronics 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.

ASR Microelectronics Co Gross Margin % Chart

ASR Microelectronics Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Gross Margin %
Get a 7-Day Free Trial Premium Member Only 27.12 37.13 24.05 23.19 24.95

ASR Microelectronics 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 26.35 23.21 26.65 23.65 30.14

SHSE:688220 vs NVDA, AVGO, MU: Gross Margin % Comparison

For the Semiconductors subindustry, ASR Microelectronics 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.


ASR Microelectronics Co Gross Margin % vs Semiconductors Industry

For the Semiconductors industry and Technology sector, ASR Microelectronics Co's Gross Margin % distribution charts can be found below:

* The bar in red indicates where ASR Microelectronics Co's Gross Margin % falls into.


SHSE:688220
80GF Score
ASR Microelectronics Co Ltd SHSE:688220
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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ASR Microelectronics Co Gross Margin % Calculation

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

ASR Microelectronics 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 )
=952.4 / 3816.803
=(Revenue - Cost of Goods Sold) / Revenue
=(3816.803 - 2864.395) / 3816.803
=24.95 %

ASR Microelectronics 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 )
=340.6 / 1129.985
=(Revenue - Cost of Goods Sold) / Revenue
=(1129.985 - 789.41) / 1129.985
=30.14 %

* 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 30.14% mean?
ASR Microelectronics Co (SHSE:688220) has a Gross Margin % of 30.14% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on ASR Microelectronics Co and its competitors. This is 21% above median its historical median of 24.95. Over the past decade, ASR Microelectronics Co's Gross Margin % has ranged from 18.08 to 40.66. According to the industry distribution chart, ASR Microelectronics Co ranks #581 out of 1010 companies in the Semiconductors industry, placing it in the top 57.5%.
Is ASR Microelectronics Co's Gross Margin % too high?
ASR Microelectronics Co's current Gross Margin % of 30.14% is 21% above median its 10-year median of 24.95. Over the past 10 years, this metric has ranged from a low of 18.08 to a high of 40.66. The Semiconductors industry median Gross Margin % is 29.61. ASR Microelectronics Co's value of 30.14% is 1.8% above this industry median. Based on the distribution chart, ASR Microelectronics Co ranks #581 out of 1010 companies in the Semiconductors industry, which is below the industry midpoint. Overall, ASR Microelectronics Co has a GF Score™ of 80/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does ASR Microelectronics Co's Gross Margin % compare to NVDA and AVGO?
According to the Semiconductors industry distribution chart, ASR Microelectronics Co ranks #581 out of 1010 companies for Gross Margin %. This places ASR Microelectronics Co in the lower half of its industry. The industry median Gross Margin % is 29.61. ASR Microelectronics Co's value of 30.14% is 1.8% above this benchmark. Historically, ASR Microelectronics Co's own Gross Margin % has ranged from 18.08 to 40.66 over the past decade. While the company's 10-year median is 24.95 vs. the industry median of 29.61, ASR Microelectronics Co 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 Semiconductors company?
The median Gross Margin % among Semiconductors companies is 29.61, based on 1,010 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. ASR Microelectronics Co's current Gross Margin % of 30.14% is 1.8% 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 ASR Microelectronics Co and its competitors. For the Semiconductors industry, the median Gross Margin % is 29.61 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ASR Microelectronics Co's current Gross Margin % is 30.14%, which is 21% above median its own 10-year median of 24.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ASR Microelectronics Co stock overvalued right now?
Based on GuruFocus' analysis, ASR Microelectronics Co (SHSE:688220) is currently considered Fairly Valued. The stock's GF Value™ is ¥111.82, compared to a current price of ¥110.12 — trading 1.5% below its estimated fair value. The current Gross Margin % is 30.14%, which is 21% above median its 10-year median of 24.95 and 1.8% above the Semiconductors industry median of 29.61. ASR Microelectronics Co's overall GF Score™ is 80/100 with 5 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 ASR Microelectronics Co (SHSE:688220), the current Gross Margin % is 30.14% 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 ASR Microelectronics Co (SHSE:688220) Overvalued in 2026?

Based on GuruFocus' analysis, ASR Microelectronics Co stock appears to be undervalued. The current stock price of ¥110.12 is trading 1.5% below its estimated GF Value™ of ¥111.82. GuruFocus considers ASR Microelectronics Co to be Fairly Valued.

Key valuation signals for SHSE:688220:

  • Gross Margin %: 30.14% (21% above median its 10-year median of 24.95)
  • GF Value™: ¥111.82 vs. price of ¥110.12 (1.5% below fair value)
  • GF Score™: 80/100 with 5 warning signs
  • Industry Position: 1.8% above the Semiconductors median (#581 of 1010)

No single metric tells the full story. See the SHSE:688220 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


ASR Microelectronics Co Business Description

Address No.399 Keyuan Road, 8th Floor, Building 10, Pilot Free Trade Zone (Nominal Floor 9th Floor), Shanghai, CHN, 201203
ASR Microelectronics Co Ltd is engaged in the research, development, and technological innovation of wireless communication chips.
80GF Score

Get the complete analysis for SHSE:688220

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

¥110.12
Price
¥111.82
GF Value