Thinkon Semiconductor Jinzhou (SHSE:688233) Gross Margin %: 32.52% (As of Jun. 2026) — 36% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

SHSE:688233 Thinkon Semiconductor Jinzhou Corp SHSE:688233
69 GF Score
Price ¥93.18
GF Value ¥63.20
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is Thinkon Semiconductor Jinzhou Gross Margin %?

Thinkon Semiconductor Jinzhou SHSE:688233 -5.02% 69 Gross Margin % is 32.52% as of Jun. 2026, which is 36% below its 10-year median of 51.20. GuruFocus rates SHSE:688233 with a GF Score™ of 69/100 and a GF Value™ of ¥63.20 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 1,016 Semiconductors companies, Thinkon Semiconductor Jinzhou ranks better than 73.82% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Thinkon Semiconductor Jinzhou's Gross Profit for the three months ended in Jun. 2026 was ¥33.8 Mil. Thinkon Semiconductor Jinzhou's Revenue for the three months ended in Jun. 2026 was ¥104.0 Mil. Therefore, Thinkon Semiconductor Jinzhou's Gross Margin % for the quarter that ended in Jun. 2026 was 32.52%.

Warning Sign:

Thinkon Semiconductor Jinzhou Corp gross margin has been in long-term decline. The average rate of decline per year is -25.1%.


The historical rank and industry rank for Thinkon Semiconductor Jinzhou's Gross Margin % or its related term are showing as below:

SHSE:688233' s Gross Margin % Range Over the Past 10 Years
Min: 0.09   Med: 51.2   Max: 68.99
Current: 44.38


During the past 10 years, the highest Gross Margin % of Thinkon Semiconductor Jinzhou was 68.99%. The lowest was 0.09%. And the median was 51.20%.

SHSE:688233's Gross Margin % is ranked better than
73.82% of 1016 companies
in the Semiconductors industry
Industry Median: 30.405 vs SHSE:688233: 44.38

Thinkon Semiconductor Jinzhou had a gross margin of 32.52% for the quarter that ended in Jun. 2026 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Thinkon Semiconductor Jinzhou was -25.10% per year.


Thinkon Semiconductor Jinzhou  (SHSE:688233) 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

Thinkon Semiconductor Jinzhou had a gross margin of 32.52% for the quarter that ended in Jun. 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.


Thinkon Semiconductor Jinzhou Gross Margin % Related Terms


Thinkon Semiconductor Jinzhou Gross Margin % Historical Data

* Premium members only.

The historical data trend for Thinkon Semiconductor Jinzhou'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.

Thinkon Semiconductor Jinzhou Gross Margin % Chart

Thinkon Semiconductor Jinzhou 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 64.45 47.28 0.09 33.69 44.75

Thinkon Semiconductor Jinzhou Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 35.45 50.60 51.84 41.30 32.52

SHSE:688233 vs LRCX, AMAT, KLAC: Gross Margin % Comparison

For the Semiconductor Equipment & Materials subindustry, Thinkon Semiconductor Jinzhou'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.


Thinkon Semiconductor Jinzhou Gross Margin % vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Thinkon Semiconductor Jinzhou's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Thinkon Semiconductor Jinzhou's Gross Margin % falls into.


SHSE:688233
69GF Score
Thinkon Semiconductor Jinzhou Corp SHSE:688233
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Thinkon Semiconductor Jinzhou Gross Margin % Calculation

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

Thinkon Semiconductor Jinzhou'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 )
=196 / 437.999
=(Revenue - Cost of Goods Sold) / Revenue
=(437.999 - 241.992) / 437.999
=44.75 %

Thinkon Semiconductor Jinzhou's Gross Margin for the quarter that ended in Jun. 2026 is calculated as


Gross Margin % (Q: Jun. 2026 )=Gross Profit (Q: Jun. 2026 ) / Revenue (Q: Jun. 2026 )
=33.8 / 103.983
=(Revenue - Cost of Goods Sold) / Revenue
=(103.983 - 70.171) / 103.983
=32.52 %

* 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 32.52% mean?
Thinkon Semiconductor Jinzhou (SHSE:688233) has a Gross Margin % of 32.52% as of Jun. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Thinkon Semiconductor Jinzhou and its competitors. This is 36% below median its historical median of 51.20. Over the past decade, Thinkon Semiconductor Jinzhou's Gross Margin % has ranged from 0.09 to 68.99. According to the industry distribution chart, Thinkon Semiconductor Jinzhou ranks #266 out of 1016 companies in the Semiconductors industry, placing it in the top 26.2%.
Is Thinkon Semiconductor Jinzhou's Gross Margin % too high?
Thinkon Semiconductor Jinzhou's current Gross Margin % of 32.52% is 36% below median its 10-year median of 51.20. Over the past 10 years, this metric has ranged from a low of 0.09 to a high of 68.99. The Semiconductors industry median Gross Margin % is 30.41. Thinkon Semiconductor Jinzhou's value of 32.52% is 7% above this industry median. Based on the distribution chart, Thinkon Semiconductor Jinzhou ranks #266 out of 1016 companies in the Semiconductors industry, which is above the industry midpoint. Overall, Thinkon Semiconductor Jinzhou has a GF Score™ of 69/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Thinkon Semiconductor Jinzhou's Gross Margin % compare to LRCX and AMAT?
According to the Semiconductors industry distribution chart, Thinkon Semiconductor Jinzhou ranks #266 out of 1016 companies for Gross Margin %. This puts Thinkon Semiconductor Jinzhou in the upper half of its industry. The industry median Gross Margin % is 30.41. Thinkon Semiconductor Jinzhou's value of 32.52% is 7% above this benchmark. Historically, Thinkon Semiconductor Jinzhou's own Gross Margin % has ranged from 0.09 to 68.99 over the past decade. While the company's 10-year median is 51.20 vs. the industry median of 30.41, Thinkon Semiconductor Jinzhou 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 30.41, based on 1,016 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. Thinkon Semiconductor Jinzhou's current Gross Margin % of 32.52% is 7% 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 Thinkon Semiconductor Jinzhou and its competitors. For the Semiconductors industry, the median Gross Margin % is 30.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thinkon Semiconductor Jinzhou's current Gross Margin % is 32.52%, which is 36% below median its own 10-year median of 51.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thinkon Semiconductor Jinzhou stock overvalued right now?
Based on GuruFocus' analysis, Thinkon Semiconductor Jinzhou (SHSE:688233) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥63.20, compared to a current price of ¥93.18 — trading 47.4% above its estimated fair value. The current Gross Margin % is 32.52%, which is 36% below median its 10-year median of 51.20 and 7% above the Semiconductors industry median of 30.41. Thinkon Semiconductor Jinzhou's overall GF Score™ is 69/100 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 Thinkon Semiconductor Jinzhou (SHSE:688233), the current Gross Margin % is 32.52% as of Jun. 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 Thinkon Semiconductor Jinzhou (SHSE:688233) Overvalued in 2026?

Based on GuruFocus' analysis, Thinkon Semiconductor Jinzhou stock appears to be overvalued. The current stock price of ¥93.18 is trading 47.4% above its estimated GF Value™ of ¥63.20. GuruFocus considers Thinkon Semiconductor Jinzhou to be Significantly Overvalued.

Key valuation signals for SHSE:688233:

  • Gross Margin %: 32.52% (36% below median its 10-year median of 51.20)
  • GF Value™: ¥63.20 vs. price of ¥93.18 (47.4% above fair value)
  • GF Score™: 69/100 with 4 warning signs
  • Industry Position: 7% above the Semiconductors median (#266 of 1016)

No single metric tells the full story. See the SHSE:688233 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Thinkon Semiconductor Jinzhou Business Description

Address No. 46 Zhongxin Road, Taihe District, Liaoning Province, Jinzhou, CHN, 121000
Thinkon Semiconductor Jinzhou Corp is engaged in research, development, production, and sales of monocrystalline silicon materials for integrated circuit etching. The company's products portfolio includes Large Diameter Silicon Rods, Large Diameter Silicon Tubes, Monocrystalline silicon disk, Single crystal silicon ring, and Silicon wafer.
69GF Score

Get the complete analysis for SHSE:688233

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

¥93.18
Price
¥63.20
GF Value