SBT Ultrasonic Technology CoSHSE:688392 -0.47%79 Gross Margin % is 66.77% as of Mar. 2026, which is 19% above its 10-year median of 56.23. GuruFocus rates SHSE:688392 with a GF Score™ of 79/100 and a GF Value™ of ¥98.53 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 2,992 Industrial Products companies, SBT Ultrasonic Technology Co ranks better than 96.59% on this metric.
SHSE:688392's Gross Margin % is ranked better than 96.59% of 2992
companies
in the Industrial Products industry
Industry Median: 26.82
vs SHSE:688392: 63.97
SBT Ultrasonic Technology Co had a gross margin of 66.77% for the quarter that ended in Mar. 2026 => Durable competitive advantage
SBT Ultrasonic Technology Co (SHSE:688392) 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
SBT Ultrasonic Technology Co had a gross margin of 66.77% 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.
SBT Ultrasonic Technology Co Gross Margin % Related Terms
SBT Ultrasonic 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:688392 vs GEV, ETN, PH: Gross Margin % Comparison
For the Specialty Industrial Machinery subindustry, SBT Ultrasonic 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.
SBT Ultrasonic Technology Co Gross Margin % vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, SBT Ultrasonic Technology Co's Gross Margin % distribution charts can be found below:
* The bar in red indicates where SBT Ultrasonic 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.
SBT Ultrasonic Technology Co (SHSE:688392) has a Gross Margin % of 66.77% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on SBT Ultrasonic Technology Co and its competitors. This is 19% above median its historical median of 56.23. Over the past decade, SBT Ultrasonic Technology Co's Gross Margin % has ranged from 45.86 to 64.25. According to the industry distribution chart, SBT Ultrasonic Technology Co ranks #102 out of 2992 companies in the Industrial Products industry, placing it in the top 3.4%.
Is SBT Ultrasonic Technology Co's Gross Margin % too high?
SBT Ultrasonic Technology Co's current Gross Margin % of 66.77% is 19% above median its 10-year median of 56.23. Over the past 10 years, this metric has ranged from a low of 45.86 to a high of 64.25. The Industrial Products industry median Gross Margin % is 26.82. SBT Ultrasonic Technology Co's value of 66.77% is 149% above this industry median. Based on the distribution chart, SBT Ultrasonic Technology Co ranks #102 out of 2992 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, SBT Ultrasonic Technology Co has a GF Score™ of 79/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does SBT Ultrasonic Technology Co's Gross Margin % compare to GEV and ETN?
According to the Industrial Products industry distribution chart, SBT Ultrasonic Technology Co ranks #102 out of 2992 companies for Gross Margin %. This places SBT Ultrasonic Technology Co in the top 3% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 26.82. SBT Ultrasonic Technology Co's value of 66.77% is 149% above this benchmark. Historically, SBT Ultrasonic Technology Co's own Gross Margin % has ranged from 45.86 to 64.25 over the past decade. While the company's 10-year median is 56.23 vs. the industry median of 26.82, SBT Ultrasonic 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 Industrial Products company?
The median Gross Margin % among Industrial Products companies is 26.82, based on 2,992 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. SBT Ultrasonic Technology Co's current Gross Margin % of 66.77% is 149% 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 SBT Ultrasonic Technology Co and its competitors. For the Industrial Products industry, the median Gross Margin % is 26.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SBT Ultrasonic Technology Co's current Gross Margin % is 66.77%, which is 19% above median its own 10-year median of 56.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SBT Ultrasonic Technology Co stock overvalued right now?
Based on GuruFocus' analysis, SBT Ultrasonic Technology Co (SHSE:688392) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥98.53, compared to a current price of ¥228.70 — trading 132.1% above its estimated fair value. The current Gross Margin % is 66.77%, which is 19% above median its 10-year median of 56.23 and 149% above the Industrial Products industry median of 26.82. SBT Ultrasonic Technology Co's overall GF Score™ is 79/100 with 9 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 SBT Ultrasonic Technology Co (SHSE:688392), the current Gross Margin % is 66.77% 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 SBT Ultrasonic Technology Co (SHSE:688392) Overvalued in 2026?
Based on GuruFocus' analysis, SBT Ultrasonic Technology Co stock appears to be overvalued.
The current stock price of ¥228.70 is trading 132.1% above its estimated GF Value™ of ¥98.53.
GuruFocus considers SBT Ultrasonic Technology Co to be Significantly Overvalued.
Key valuation signals for SHSE:688392:
Gross Margin %: 66.77% (19% above median its 10-year median of 56.23)
GF Value™: ¥98.53 vs. price of ¥228.70 (132.1% above fair value)
Industry Position: 149% above the Industrial Products median (#102 of 2992)
No single metric tells the full story. See the SHSE:688392 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
SBT Ultrasonic Technology Co Ltd is engaged in the research and development, design, manufacture, sales, and after-sales service of ultrasonic welding, cutting system application products, online testing, and automation products. The company's equipment is widely used in lithium batteries, wiring harnesses, 3C, semiconductor IGBT power modules, rubber tires, food, pharmaceutical, plastic packaging, and other fields.
79GF Score
Get the complete analysis for SHSE:688392
Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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