Cambricon Technologies (SHSE:688256) Gross Margin %: 54.33% (As of Mar. 2026) — 17% Below Median

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SHSE:688256 Cambricon Technologies Corp Ltd SHSE:688256
79 GF Score
Price ¥1,225.00
GF Value ¥1,532.46
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Cambricon Technologies Gross Margin %?

Cambricon Technologies SHSE:688256 -1.92% 79 Gross Margin % is 54.33% as of Mar. 2026, which is 17% below its 10-year median of 65.76. GuruFocus rates SHSE:688256 with a GF Score™ of 79/100 and a GF Value™ of ¥1,532.46 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 1,011 Semiconductors companies, Cambricon Technologies ranks better than 88.33% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Cambricon Technologies's Gross Profit for the three months ended in Mar. 2026 was ¥1,567 Mil. Cambricon Technologies's Revenue for the three months ended in Mar. 2026 was ¥2,885 Mil. Therefore, Cambricon Technologies's Gross Margin % for the quarter that ended in Mar. 2026 was 54.33%.

Warning Sign:

Cambricon Technologies Corp Ltd gross margin has been in long-term decline. The average rate of decline per year is -3.1%.


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

SHSE:688256' s Gross Margin % Range Over the Past 10 Years
Min: 54.75   Med: 65.76   Max: 99.96
Current: 54.75


During the past 9 years, the highest Gross Margin % of Cambricon Technologies was 99.96%. The lowest was 54.75%. And the median was 65.76%.

SHSE:688256's Gross Margin % is ranked better than
88.33% of 1011 companies
in the Semiconductors industry
Industry Median: 29.61 vs SHSE:688256: 54.75

Cambricon Technologies had a gross margin of 54.33% for the quarter that ended in Mar. 2026 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Cambricon Technologies was -3.10% per year.


Cambricon Technologies  (SHSE:688256) 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

Cambricon Technologies had a gross margin of 54.33% for the quarter that ended in Mar. 2026 => Durable 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.


Cambricon Technologies Gross Margin % Related Terms


Cambricon Technologies Gross Margin % Historical Data

* Premium members only.

The historical data trend for Cambricon Technologies'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.

Cambricon Technologies Gross Margin % Chart

Cambricon Technologies Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Gross Margin %
Get a 7-Day Free Trial Premium Member Only 62.39 65.76 69.16 56.71 55.15

Cambricon Technologies 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 55.99 55.88 54.24 54.81 54.33

SHSE:688256 vs NVDA, AVGO, MU: Gross Margin % Comparison

For the Semiconductors subindustry, Cambricon Technologies'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.


Cambricon Technologies Gross Margin % vs Semiconductors Industry

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

* The bar in red indicates where Cambricon Technologies's Gross Margin % falls into.


SHSE:688256
79GF Score
Cambricon Technologies Corp Ltd SHSE:688256
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Cambricon Technologies Gross Margin % Calculation

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

Cambricon Technologies'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 )
=3583.3 / 6497.196
=(Revenue - Cost of Goods Sold) / Revenue
=(6497.196 - 2913.883) / 6497.196
=55.15 %

Cambricon Technologies'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 )
=1567.3 / 2884.697
=(Revenue - Cost of Goods Sold) / Revenue
=(2884.697 - 1317.43) / 2884.697
=54.33 %

* 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 54.33% mean?
Cambricon Technologies (SHSE:688256) has a Gross Margin % of 54.33% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Cambricon Technologies and its competitors. This is 17% below median its historical median of 65.76. Over the past decade, Cambricon Technologies' Gross Margin % has ranged from 54.75 to 99.96. According to the industry distribution chart, Cambricon Technologies ranks #118 out of 1011 companies in the Semiconductors industry, placing it in the top 11.7%.
Is Cambricon Technologies' Gross Margin % too high?
Cambricon Technologies' current Gross Margin % of 54.33% is 17% below median its 10-year median of 65.76. Over the past 10 years, this metric has ranged from a low of 54.75 to a high of 99.96. The Semiconductors industry median Gross Margin % is 29.61. Cambricon Technologies' value of 54.33% is 83.5% above this industry median. Based on the distribution chart, Cambricon Technologies ranks #118 out of 1011 companies in the Semiconductors industry, which is in the top quartile — a strong position relative to peers. Overall, Cambricon Technologies has a GF Score™ of 79/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Cambricon Technologies' Gross Margin % compare to NVDA and AVGO?
According to the Semiconductors industry distribution chart, Cambricon Technologies ranks #118 out of 1011 companies for Gross Margin %. This places Cambricon Technologies in the top 12% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 29.61. Cambricon Technologies' value of 54.33% is 83.5% above this benchmark. Historically, Cambricon Technologies' own Gross Margin % has ranged from 54.75 to 99.96 over the past decade. While the company's 10-year median is 65.76 vs. the industry median of 29.61, Cambricon Technologies 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 1,011 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. Cambricon Technologies's current Gross Margin % of 54.33% is 83.5% 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 Cambricon Technologies 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. Cambricon Technologies's current Gross Margin % is 54.33%, which is 17% below median its own 10-year median of 65.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cambricon Technologies stock overvalued right now?
Based on GuruFocus' analysis, Cambricon Technologies (SHSE:688256) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥1,532.46, compared to a current price of ¥1,225.00 — trading 20.1% below its estimated fair value. The current Gross Margin % is 54.33%, which is 17% below median its 10-year median of 65.76 and 83.5% above the Semiconductors industry median of 29.61. Cambricon Technologies' overall GF Score™ is 79/100 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 Cambricon Technologies (SHSE:688256), the current Gross Margin % is 54.33% 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 Cambricon Technologies (SHSE:688256) Overvalued in 2026?

Based on GuruFocus' analysis, Cambricon Technologies stock appears to be undervalued. The current stock price of ¥1,225.00 is trading 20.1% below its estimated GF Value™ of ¥1,532.46. GuruFocus considers Cambricon Technologies to be Modestly Undervalued.

Key valuation signals for SHSE:688256:

  • Gross Margin %: 54.33% (17% below median its 10-year median of 65.76)
  • GF Value™: ¥1,532.46 vs. price of ¥1,225.00 (20.1% below fair value)
  • GF Score™: 79/100 with 4 warning signs
  • Industry Position: 83.5% above the Semiconductors median (#118 of 1011)

No single metric tells the full story. See the SHSE:688256 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Cambricon Technologies Business Description

Address No. 7, Zhichun Road, 11th-13th and 16th Floor, Building D, Zhizhen Building, Haidian District, Beijing, CHN, 100191
Cambricon Technologies Corp Ltd is engaged in designing and selling artificial intelligence core chips in various cloud servers, edge computing equipment, terminal equipment, providing customers with rich chip products and system software solutions.
79GF Score

Get the complete analysis for SHSE:688256

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

¥1,225.00
Price
¥1,532.46
GF Value