Hangzhou EZVIZ Network Co (SHSE:688475) Gross Margin %: 50.47% (As of Mar. 2026) — 41% Above Median


SHSE:688475 Hangzhou EZVIZ Network Co Ltd SHSE:688475
84 GF Score
Price ¥27.39
GF Value ¥37.00
Valuation Modestly Undervalued
! 2 Warning Signs
View Full Analysis

What is Hangzhou EZVIZ Network Co Gross Margin %?

Hangzhou EZVIZ Network Co SHSE:688475 +0.18% 84 Gross Margin % is 50.47% as of Mar. 2026, which is 41% above its 10-year median of 35.84. GuruFocus rates SHSE:688475 with a GF Score™ of 84/100 and a GF Value™ of ¥37.00 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 2,450 Hardware companies, Hangzhou EZVIZ Network Co ranks better than 84.37% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Hangzhou EZVIZ Network Co's Gross Profit for the three months ended in Mar. 2026 was ¥713 Mil. Hangzhou EZVIZ Network Co's Revenue for the three months ended in Mar. 2026 was ¥1,413 Mil. Therefore, Hangzhou EZVIZ Network Co's Gross Margin % for the quarter that ended in Mar. 2026 was 50.47%.


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

SHSE:688475' s Gross Margin % Range Over the Past 10 Years
Min: 33.55   Med: 35.84   Max: 46.06
Current: 46.06


During the past 8 years, the highest Gross Margin % of Hangzhou EZVIZ Network Co was 46.06%. The lowest was 33.55%. And the median was 35.84%.

SHSE:688475's Gross Margin % is ranked better than
84.37% of 2450 companies
in the Hardware industry
Industry Median: 24.5 vs SHSE:688475: 46.06

Hangzhou EZVIZ Network Co had a gross margin of 50.47% for the quarter that ended in Mar. 2026 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Hangzhou EZVIZ Network Co was 5.50% per year.


Hangzhou EZVIZ Network Co  (SHSE:688475) 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

Hangzhou EZVIZ Network Co had a gross margin of 50.47% 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.


Hangzhou EZVIZ Network Co Gross Margin % Related Terms


Hangzhou EZVIZ Network Co Gross Margin % Historical Data

* Premium members only.

The historical data trend for Hangzhou EZVIZ Network 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.

Hangzhou EZVIZ Network Co Gross Margin % Chart

Hangzhou EZVIZ Network Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Gross Margin %
Get a 7-Day Free Trial 35.26 36.42 42.47 42.08 44.18

Hangzhou EZVIZ Network 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 42.55 44.58 43.71 45.65 50.47

SHSE:688475 vs AAPL: Gross Margin % Comparison

For the Consumer Electronics subindustry, Hangzhou EZVIZ Network 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.


Hangzhou EZVIZ Network Co Gross Margin % vs Hardware Industry

For the Hardware industry and Technology sector, Hangzhou EZVIZ Network Co's Gross Margin % distribution charts can be found below:

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


SHSE:688475
84GF Score
Hangzhou EZVIZ Network Co Ltd SHSE:688475
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hangzhou EZVIZ Network Co Gross Margin % Calculation

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

Hangzhou EZVIZ Network 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 )
=2607.2 / 5901.161
=(Revenue - Cost of Goods Sold) / Revenue
=(5901.161 - 3293.981) / 5901.161
=44.18 %

Hangzhou EZVIZ Network 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 )
=713.1 / 1412.825
=(Revenue - Cost of Goods Sold) / Revenue
=(1412.825 - 699.742) / 1412.825
=50.47 %

* 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 50.47% mean?
Hangzhou EZVIZ Network Co (SHSE:688475) has a Gross Margin % of 50.47% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Hangzhou EZVIZ Network Co and its competitors. This is 41% above median its historical median of 35.84. Over the past decade, Hangzhou EZVIZ Network Co's Gross Margin % has ranged from 33.55 to 46.06. According to the industry distribution chart, Hangzhou EZVIZ Network Co ranks #383 out of 2450 companies in the Hardware industry, placing it in the top 15.6%.
Is Hangzhou EZVIZ Network Co's Gross Margin % too high?
Hangzhou EZVIZ Network Co's current Gross Margin % of 50.47% is 41% above median its 10-year median of 35.84. Over the past 10 years, this metric has ranged from a low of 33.55 to a high of 46.06. The Hardware industry median Gross Margin % is 24.50. Hangzhou EZVIZ Network Co's value of 50.47% is 106% above this industry median. Based on the distribution chart, Hangzhou EZVIZ Network Co ranks #383 out of 2450 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Hangzhou EZVIZ Network Co has a GF Score™ of 84/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Hangzhou EZVIZ Network Co's Gross Margin % compare to AAPL?
According to the Hardware industry distribution chart, Hangzhou EZVIZ Network Co ranks #383 out of 2450 companies for Gross Margin %. This places Hangzhou EZVIZ Network Co in the top 16% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 24.50. Hangzhou EZVIZ Network Co's value of 50.47% is 106% above this benchmark. Historically, Hangzhou EZVIZ Network Co's own Gross Margin % has ranged from 33.55 to 46.06 over the past decade. While the company's 10-year median is 35.84 vs. the industry median of 24.50, Hangzhou EZVIZ Network 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 Hardware company?
The median Gross Margin % among Hardware companies is 24.50, based on 2,450 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. Hangzhou EZVIZ Network Co's current Gross Margin % of 50.47% is 106% 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 Hangzhou EZVIZ Network Co and its competitors. For the Hardware industry, the median Gross Margin % is 24.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hangzhou EZVIZ Network Co's current Gross Margin % is 50.47%, which is 41% above median its own 10-year median of 35.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hangzhou EZVIZ Network Co stock overvalued right now?
Based on GuruFocus' analysis, Hangzhou EZVIZ Network Co (SHSE:688475) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥37.00, compared to a current price of ¥27.39 — trading 26% below its estimated fair value. The current Gross Margin % is 50.47%, which is 41% above median its 10-year median of 35.84 and 106% above the Hardware industry median of 24.50. Hangzhou EZVIZ Network Co's overall GF Score™ is 84/100 with 2 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 Hangzhou EZVIZ Network Co (SHSE:688475), the current Gross Margin % is 50.47% 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 Hangzhou EZVIZ Network Co (SHSE:688475) Overvalued in 2026?

Based on GuruFocus' analysis, Hangzhou EZVIZ Network Co stock appears to be undervalued. The current stock price of ¥27.39 is trading 26% below its estimated GF Value™ of ¥37.00. GuruFocus considers Hangzhou EZVIZ Network Co to be Modestly Undervalued.

Key valuation signals for SHSE:688475:

  • Gross Margin %: 50.47% (41% above median its 10-year median of 35.84)
  • GF Value™: ¥37.00 vs. price of ¥27.39 (26% below fair value)
  • GF Score™: 84/100 with 2 warning signs
  • Industry Position: 106% above the Hardware median (#383 of 2450)

No single metric tells the full story. See the SHSE:688475 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hangzhou EZVIZ Network Co Business Description

Address No. 399 Danfeng Road, Room 301, Building B, Building 2, Binjiang District, Zhejiang Province, Hangzhou, CHN, 310051
Hangzhou EZVIZ Network Co Ltd provides smart living solutions based on visual interaction; for industry clients, it provides open cloud platform services for managing IoT devices.
84GF Score

Get the complete analysis for SHSE:688475

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

¥27.39
Price
¥37.00
GF Value