Great Microwave Technology Co (SHSE:688270) Gross Margin %: 70.52% (As of Mar. 2026) — 16% Below Median

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SHSE:688270 Great Microwave Technology Co Ltd SHSE:688270
85 GF Score
Price ¥75.28
GF Value ¥54.88
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Great Microwave Technology Co Gross Margin %?

Great Microwave Technology Co SHSE:688270 -3.18% 85 Gross Margin % is 70.52% as of Mar. 2026, which is 16% below its 10-year median of 84.16. GuruFocus rates SHSE:688270 with a GF Score™ of 85/100 and a GF Value™ of ¥54.88 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,011 Semiconductors companies, Great Microwave Technology Co ranks better than 96.54% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Great Microwave Technology Co's Gross Profit for the three months ended in Mar. 2026 was ¥85.5 Mil. Great Microwave Technology Co's Revenue for the three months ended in Mar. 2026 was ¥121.3 Mil. Therefore, Great Microwave Technology Co's Gross Margin % for the quarter that ended in Mar. 2026 was 70.52%.

Warning Sign:

Great Microwave Technology Co Ltd gross margin has been in long-term decline. The average rate of decline per year is -3.5%.


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

SHSE:688270' s Gross Margin % Range Over the Past 10 Years
Min: 72.78   Med: 84.16   Max: 88.46
Current: 72.78


During the past 8 years, the highest Gross Margin % of Great Microwave Technology Co was 88.46%. The lowest was 72.78%. And the median was 84.16%.

SHSE:688270's Gross Margin % is ranked better than
96.54% of 1011 companies
in the Semiconductors industry
Industry Median: 29.61 vs SHSE:688270: 72.78

Great Microwave Technology Co had a gross margin of 70.52% for the quarter that ended in Mar. 2026 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Great Microwave Technology Co was -3.50% per year.


Great Microwave Technology Co  (SHSE:688270) 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

Great Microwave Technology Co had a gross margin of 70.52% 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.


Great Microwave Technology Co Gross Margin % Related Terms


Great Microwave Technology Co Gross Margin % Historical Data

* Premium members only.

The historical data trend for Great Microwave Technology 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.

Great Microwave Technology Co Gross Margin % Chart

Great Microwave Technology Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Gross Margin %
Get a 7-Day Free Trial 88.46 87.99 83.12 76.23 75.88

Great Microwave Technology 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 87.40 82.98 77.45 60.96 70.52

SHSE:688270 vs NVDA, AVGO, MU: Gross Margin % Comparison

For the Semiconductors subindustry, Great Microwave Technology 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.


Great Microwave Technology Co Gross Margin % vs Semiconductors Industry

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

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


SHSE:688270
85GF Score
Great Microwave Technology Co Ltd SHSE:688270
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Great Microwave Technology Co Gross Margin % Calculation

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

Great Microwave Technology 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 )
=327.6 / 431.703
=(Revenue - Cost of Goods Sold) / Revenue
=(431.703 - 104.14) / 431.703
=75.88 %

Great Microwave Technology 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 )
=85.5 / 121.293
=(Revenue - Cost of Goods Sold) / Revenue
=(121.293 - 35.763) / 121.293
=70.52 %

* 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 70.52% mean?
Great Microwave Technology Co (SHSE:688270) has a Gross Margin % of 70.52% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Great Microwave Technology Co and its competitors. This is 16% below median its historical median of 84.16. Over the past decade, Great Microwave Technology Co's Gross Margin % has ranged from 72.78 to 88.46. According to the industry distribution chart, Great Microwave Technology Co ranks #35 out of 1011 companies in the Semiconductors industry, placing it in the top 3.5%.
Is Great Microwave Technology Co's Gross Margin % too high?
Great Microwave Technology Co's current Gross Margin % of 70.52% is 16% below median its 10-year median of 84.16. Over the past 10 years, this metric has ranged from a low of 72.78 to a high of 88.46. The Semiconductors industry median Gross Margin % is 29.61. Great Microwave Technology Co's value of 70.52% is 138.2% above this industry median. Based on the distribution chart, Great Microwave Technology Co ranks #35 out of 1011 companies in the Semiconductors industry, which is in the top quartile — a strong position relative to peers. Overall, Great Microwave Technology Co has a GF Score™ of 85/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Great Microwave Technology Co's Gross Margin % compare to NVDA and AVGO?
According to the Semiconductors industry distribution chart, Great Microwave Technology Co ranks #35 out of 1011 companies for Gross Margin %. This places Great Microwave Technology Co in the top 4% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 29.61. Great Microwave Technology Co's value of 70.52% is 138.2% above this benchmark. Historically, Great Microwave Technology Co's own Gross Margin % has ranged from 72.78 to 88.46 over the past decade. While the company's 10-year median is 84.16 vs. the industry median of 29.61, Great Microwave Technology 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 1,011 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. Great Microwave Technology Co's current Gross Margin % of 70.52% is 138.2% 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 Great Microwave Technology 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. Great Microwave Technology Co's current Gross Margin % is 70.52%, which is 16% below median its own 10-year median of 84.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Great Microwave Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Great Microwave Technology Co (SHSE:688270) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥54.88, compared to a current price of ¥75.28 — trading 37.2% above its estimated fair value. The current Gross Margin % is 70.52%, which is 16% below median its 10-year median of 84.16 and 138.2% above the Semiconductors industry median of 29.61. Great Microwave Technology Co's overall GF Score™ is 85/100 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 Great Microwave Technology Co (SHSE:688270), the current Gross Margin % is 70.52% 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 Great Microwave Technology Co (SHSE:688270) Overvalued in 2026?

Based on GuruFocus' analysis, Great Microwave Technology Co stock appears to be overvalued. The current stock price of ¥75.28 is trading 37.2% above its estimated GF Value™ of ¥54.88. GuruFocus considers Great Microwave Technology Co to be Significantly Overvalued.

Key valuation signals for SHSE:688270:

  • Gross Margin %: 70.52% (16% below median its 10-year median of 84.16)
  • GF Value™: ¥54.88 vs. price of ¥75.28 (37.2% above fair value)
  • GF Score™: 85/100 with 5 warning signs
  • Industry Position: 138.2% above the Semiconductors median (#35 of 1011)

No single metric tells the full story. See the SHSE:688270 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Great Microwave Technology Co Business Description

Address No. 3, Xiyuan 3rd Road, Room 502, Building 5, Sandun Town, Xihu District, Zhejiang Province, Hangzhou, CHN, 310012
Great Microwave Technology Co Ltd is engaged in the research and development, production and sales of integrated circuit chips and microsystems.
85GF Score

Get the complete analysis for SHSE:688270

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

¥75.28
Price
¥54.88
GF Value