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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.
Zhejiang Heda Technology CoSHSE:688296 +0.24%67 Gross Margin % is 35.23% as of Mar. 2026, which is 22% below its 10-year median of 44.91. GuruFocus rates SHSE:688296 with a GF Score™ of 67/100 and a GF Value™ of ¥10.91 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 490 Utilities - Regulated companies, Zhejiang Heda Technology Co ranks better than 51.43% on this metric.
SHSE:688296's Gross Margin % is ranked better than 51.43% of 490
companies
in the Utilities - Regulated industry
Industry Median: 30.755
vs SHSE:688296: 31.34
Zhejiang Heda Technology Co had a gross margin of 35.23% for the quarter that ended in Mar. 2026 => Competition eroding margins
Zhejiang Heda Technology Co (SHSE:688296) 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
Zhejiang Heda Technology Co had a gross margin of 35.23% 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.
Zhejiang Heda Technology Co Gross Margin % Related Terms
Zhejiang Heda Technology Co Gross Margin % Historical Data
* 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.
SHSE:688296 vs AWK, WTRG, AWR: Gross Margin % Comparison
For the Utilities - Regulated Water subindustry, Zhejiang Heda 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.
Zhejiang Heda Technology Co Gross Margin % vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Zhejiang Heda Technology Co's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Zhejiang Heda Technology Co's Gross Margin % falls into.
* 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.
Zhejiang Heda Technology Co (SHSE:688296) has a Gross Margin % of 35.23% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Zhejiang Heda Technology Co and its competitors. This is 22% below median its historical median of 44.91. Over the past decade, Zhejiang Heda Technology Co's Gross Margin % has ranged from 29.64 to 58.93. According to the industry distribution chart, Zhejiang Heda Technology Co ranks #238 out of 490 companies in the Utilities - Regulated industry, placing it in the top 48.6%.
Is Zhejiang Heda Technology Co's Gross Margin % too high?
Zhejiang Heda Technology Co's current Gross Margin % of 35.23% is 22% below median its 10-year median of 44.91. Over the past 10 years, this metric has ranged from a low of 29.64 to a high of 58.93. The Utilities - Regulated industry median Gross Margin % is 30.76. Zhejiang Heda Technology Co's value of 35.23% is 14.6% above this industry median. Based on the distribution chart, Zhejiang Heda Technology Co ranks #238 out of 490 companies in the Utilities - Regulated industry, which is above the industry midpoint. Overall, Zhejiang Heda Technology Co has a GF Score™ of 67/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Zhejiang Heda Technology Co's Gross Margin % compare to AWK and WTRG?
According to the Utilities - Regulated industry distribution chart, Zhejiang Heda Technology Co ranks #238 out of 490 companies for Gross Margin %. This puts Zhejiang Heda Technology Co in the upper half of its industry. The industry median Gross Margin % is 30.76. Zhejiang Heda Technology Co's value of 35.23% is 14.6% above this benchmark. Historically, Zhejiang Heda Technology Co's own Gross Margin % has ranged from 29.64 to 58.93 over the past decade. While the company's 10-year median is 44.91 vs. the industry median of 30.76, Zhejiang Heda 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 an Utilities - Regulated company?
The median Gross Margin % among Utilities - Regulated companies is 30.76, based on 490 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. Zhejiang Heda Technology Co's current Gross Margin % of 35.23% is 14.6% 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 Zhejiang Heda Technology Co and its competitors. For the Utilities - Regulated industry, the median Gross Margin % is 30.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zhejiang Heda Technology Co's current Gross Margin % is 35.23%, which is 22% below median its own 10-year median of 44.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhejiang Heda Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Zhejiang Heda Technology Co (SHSE:688296) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥10.91, compared to a current price of ¥12.68 — trading 16.2% above its estimated fair value. The current Gross Margin % is 35.23%, which is 22% below median its 10-year median of 44.91 and 14.6% above the Utilities - Regulated industry median of 30.76. Zhejiang Heda Technology Co's overall GF Score™ is 67/100 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 Zhejiang Heda Technology Co (SHSE:688296), the current Gross Margin % is 35.23% 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 Zhejiang Heda Technology Co (SHSE:688296) Overvalued in 2026?
Based on GuruFocus' analysis, Zhejiang Heda Technology Co stock appears to be overvalued.
The current stock price of ¥12.68 is trading 16.2% above its estimated GF Value™ of ¥10.91.
GuruFocus considers Zhejiang Heda Technology Co to be Modestly Overvalued.
Key valuation signals for SHSE:688296:
Gross Margin %: 35.23% (22% below median its 10-year median of 44.91)
GF Value™: ¥10.91 vs. price of ¥12.68 (16.2% above fair value)
Industry Position: 14.6% above the Utilities - Regulated median (#238 of 490)
No single metric tells the full story. See the SHSE:688296 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Address36 Changsheng South Road, Building 18, Jiaxing Smart Industrial Innovation Park, Economic and Technological Development Zone, Zhejiang Province, Jiaxing, CHN, 314006
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