Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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.
Changzhou Fusion New Material Co (SHSE:688503) 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
Changzhou Fusion New Material Co had a gross margin of -0.20% for the quarter that ended in Jun. 2026 => No sustainable 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.
Changzhou Fusion New Material Co Gross Margin % Related Terms
Changzhou Fusion New Material 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.
Changzhou Fusion New Material Co Gross Margin % Chart
SHSE:688503 vs FSLR, NXT, ENPH: Gross Margin % Comparison
For the Solar subindustry, Changzhou Fusion New Material 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.
Changzhou Fusion New Material Co Gross Margin % vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Changzhou Fusion New Material Co's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Changzhou Fusion New Material 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.
Changzhou Fusion New Material Co (SHSE:688503) has a Gross Margin % of -0.20% as of Jun. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Changzhou Fusion New Material Co and its competitors. Over the past decade, Changzhou Fusion New Material Co's Gross Margin % has ranged from 6.45 to 18.42. According to the industry distribution chart, Changzhou Fusion New Material Co ranks #922 out of 1016 companies in the Semiconductors industry, placing it in the top 90.7%.
Is Changzhou Fusion New Material Co's Gross Margin % too high?
Changzhou Fusion New Material Co's current Gross Margin % is -0.20%. Over the past 10 years, this metric has ranged from a low of 6.45 to a high of 18.42. Based on the distribution chart, Changzhou Fusion New Material Co ranks #922 out of 1016 companies in the Semiconductors industry, which is in the bottom quartile relative to peers. Overall, Changzhou Fusion New Material Co has a GF Score™ of 90/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Changzhou Fusion New Material Co's Gross Margin % compare to FSLR and NXT?
According to the Semiconductors industry distribution chart, Changzhou Fusion New Material Co ranks #922 out of 1016 companies for Gross Margin %. This places Changzhou Fusion New Material Co in the lower half of its industry. The industry median Gross Margin % is 30.41. Historically, Changzhou Fusion New Material Co's own Gross Margin % has ranged from 6.45 to 18.42 over the past decade. 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 30.41, based on 1,016 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. 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 Changzhou Fusion New Material Co and its competitors. For the Semiconductors industry, the median Gross Margin % is 30.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Changzhou Fusion New Material Co's current Gross Margin % is -0.20%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Changzhou Fusion New Material Co stock overvalued right now?
Based on GuruFocus' analysis, Changzhou Fusion New Material Co (SHSE:688503) is currently considered Fairly Valued. The stock's GF Value™ is ¥80.14, compared to a current price of ¥73.88 — trading 7.8% below its estimated fair value. The current Gross Margin % is -0.20%. Changzhou Fusion New Material Co's overall GF Score™ is 90/100 with 10 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 Changzhou Fusion New Material Co (SHSE:688503), the current Gross Margin % is -0.20% as of Jun. 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 Changzhou Fusion New Material Co (SHSE:688503) Overvalued in 2026?
Based on GuruFocus' analysis, Changzhou Fusion New Material Co stock appears to be undervalued.
The current stock price of ¥73.88 is trading 7.8% below its estimated GF Value™ of ¥80.14.
GuruFocus considers Changzhou Fusion New Material Co to be Fairly Valued.
Key valuation signals for SHSE:688503:
Gross Margin %: -0.20%
GF Value™: ¥80.14 vs. price of ¥73.88 (7.8% below fair value)
No single metric tells the full story. See the SHSE:688503 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Changzhou Fusion New Material Co Ltd specializes in the research and development, production and sales of new electronic pastes. The company's main product is front silver paste for solar cells. Front silver paste is a functional material based on silver powder, which is the key material for the preparation of solar cell metal electrodes. Its product performance and preparation process are directly related to the photoelectric conversion efficiency of solar cells.
90GF Score
Get the complete analysis for SHSE:688503
Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
SHSE:688503 has been successfully added to your 
