Sicc Co (SHSE:688234) Gross Margin %: 19.12% (As of Mar. 2026) — 26% Below Median

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SHSE:688234 Sicc Co Ltd SHSE:688234
65 GF Score
Price ¥100.00
GF Value ¥75.08
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Sicc Co Gross Margin %?

Sicc Co SHSE:688234 +4.37% 65 Gross Margin % is 19.12% as of Mar. 2026, which is 26% below its 10-year median of 25.74. GuruFocus rates SHSE:688234 with a GF Score™ of 65/100 and a GF Value™ of ¥75.08 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,010 Semiconductors companies, Sicc Co ranks worse than 83.27% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Sicc Co's Gross Profit for the three months ended in Mar. 2026 was ¥70 Mil. Sicc Co's Revenue for the three months ended in Mar. 2026 was ¥366 Mil. Therefore, Sicc Co's Gross Margin % for the quarter that ended in Mar. 2026 was 19.12%.


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

SHSE:688234' s Gross Margin % Range Over the Past 10 Years
Min: -5.75   Med: 25.74   Max: 37.68
Current: 11.49


During the past 8 years, the highest Gross Margin % of Sicc Co was 37.68%. The lowest was -5.75%. And the median was 25.74%.

SHSE:688234's Gross Margin % is ranked worse than
83.27% of 1010 companies
in the Semiconductors industry
Industry Median: 29.605 vs SHSE:688234: 11.49

Sicc Co had a gross margin of 19.12% for the quarter that ended in Mar. 2026 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Sicc Co was 0.00% per year.


Sicc Co  (SHSE:688234) 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

Sicc Co had a gross margin of 19.12% 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.


Sicc Co Gross Margin % Related Terms


Sicc Co Gross Margin % Historical Data

* Premium members only.

The historical data trend for Sicc 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.

Sicc Co Gross Margin % Chart

Sicc Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Gross Margin %
Get a 7-Day Free Trial 28.43 -5.75 15.81 25.90 13.05

Sicc 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 23.95 12.64 20.59 -5.89 19.12

SHSE:688234 vs AMAT, LRCX, KLAC: Gross Margin % Comparison

For the Semiconductor Equipment & Materials subindustry, Sicc 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.


Sicc Co Gross Margin % vs Semiconductors Industry

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

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


SHSE:688234
65GF Score
Sicc Co Ltd SHSE:688234
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Sicc Co Gross Margin % Calculation

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

Sicc 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 )
=191.2 / 1464.882
=(Revenue - Cost of Goods Sold) / Revenue
=(1464.882 - 1273.654) / 1464.882
=13.05 %

Sicc 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 )
=69.9 / 365.505
=(Revenue - Cost of Goods Sold) / Revenue
=(365.505 - 295.638) / 365.505
=19.12 %

* 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 19.12% mean?
Sicc Co (SHSE:688234) has a Gross Margin % of 19.12% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Sicc Co and its competitors. This is 26% below median its historical median of 25.74. According to the industry distribution chart, Sicc Co ranks #841 out of 1010 companies in the Semiconductors industry, placing it in the top 83.3%.
Is Sicc Co's Gross Margin % too high?
Sicc Co's current Gross Margin % of 19.12% is 26% below median its 10-year median of 25.74. The Semiconductors industry median Gross Margin % is 29.61. Sicc Co's value of 19.12% is 35.4% below this industry median. Based on the distribution chart, Sicc Co ranks #841 out of 1010 companies in the Semiconductors industry, which is in the bottom quartile relative to peers. Overall, Sicc Co has a GF Score™ of 65/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Sicc Co's Gross Margin % compare to AMAT and LRCX?
According to the Semiconductors industry distribution chart, Sicc Co ranks #841 out of 1010 companies for Gross Margin %. This places Sicc Co in the lower half of its industry. The industry median Gross Margin % is 29.61. Sicc Co's value of 19.12% is 35.4% below this benchmark. While the company's 10-year median is 25.74 vs. the industry median of 29.61, Sicc 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 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. Sicc Co's current Gross Margin % of 19.12% is 35.4% 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 Sicc 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. Sicc Co's current Gross Margin % is 19.12%, which is 26% below median its own 10-year median of 25.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sicc Co stock overvalued right now?
Based on GuruFocus' analysis, Sicc Co (SHSE:688234) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥75.08, compared to a current price of ¥100.00 — trading 33.2% above its estimated fair value. The current Gross Margin % is 19.12%, which is 26% below median its 10-year median of 25.74 and 35.4% below the Semiconductors industry median of 29.61. Sicc Co's overall GF Score™ is 65/100 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 Sicc Co (SHSE:688234), the current Gross Margin % is 19.12% 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 Sicc Co (SHSE:688234) Overvalued in 2026?

Based on GuruFocus' analysis, Sicc Co stock appears to be overvalued. The current stock price of ¥100.00 is trading 33.2% above its estimated GF Value™ of ¥75.08. GuruFocus considers Sicc Co to be Significantly Overvalued.

Key valuation signals for SHSE:688234:

  • Gross Margin %: 19.12% (26% below median its 10-year median of 25.74)
  • GF Value™: ¥75.08 vs. price of ¥100.00 (33.2% above fair value)
  • GF Score™: 65/100 with 5 warning signs
  • Industry Position: 35.4% below the Semiconductors median (#841 of 1010)

No single metric tells the full story. See the SHSE:688234 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Sicc Co Business Description

Other Exchanges 02631:Hong Kong
Address No. 99, Tianyue South Road, Huaiyin District, Shandong Province, Jinan, CHN, 250118
Sicc Co Ltd is principally engaged in research and development, manufacturing and sales of SiC substrates. The Group's revenue streams are categorized as follows: Sales of SiC semiconductor material; and Others. It generates majority of its revenue from the Sales of SiC semiconductor material.
65GF Score

Get the complete analysis for SHSE:688234

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

¥100.00
Price
¥75.08
GF Value