Hefei Jianghang Aircraft Equipment Co (SHSE:688586) Gross Margin %: 29.57% (As of Mar. 2026) — 18% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

SHSE:688586 Hefei Jianghang Aircraft Equipment Co Ltd SHSE:688586
74 GF Score
Price ¥10.05
GF Value ¥9.86
Valuation Fairly Valued
! 9 Warning Signs
View Full Analysis

What is Hefei Jianghang Aircraft Equipment Co Gross Margin %?

Hefei Jianghang Aircraft Equipment Co SHSE:688586 -0.79% 74 Gross Margin % is 29.57% as of Mar. 2026, which is 18% below its 10-year median of 36.18. GuruFocus rates SHSE:688586 with a GF Score™ of 74/100 and a GF Value™ of ¥9.86 (Fairly Valued). The stock has 9 warning signs investors should review. Among 345 Aerospace & Defense companies, Hefei Jianghang Aircraft Equipment Co ranks worse than 50.72% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Hefei Jianghang Aircraft Equipment Co's Gross Profit for the three months ended in Mar. 2026 was ¥53.5 Mil. Hefei Jianghang Aircraft Equipment Co's Revenue for the three months ended in Mar. 2026 was ¥180.9 Mil. Therefore, Hefei Jianghang Aircraft Equipment Co's Gross Margin % for the quarter that ended in Mar. 2026 was 29.57%.

Warning Sign:

Hefei Jianghang Aircraft Equipment Co Ltd gross margin has been in long-term decline. The average rate of decline per year is -8.2%.


The historical rank and industry rank for Hefei Jianghang Aircraft Equipment Co's Gross Margin % or its related term are showing as below:

SHSE:688586' s Gross Margin % Range Over the Past 10 Years
Min: 26.39   Med: 36.18   Max: 43.61
Current: 26.69


During the past 10 years, the highest Gross Margin % of Hefei Jianghang Aircraft Equipment Co was 43.61%. The lowest was 26.39%. And the median was 36.18%.

SHSE:688586's Gross Margin % is ranked worse than
50.72% of 345 companies
in the Aerospace & Defense industry
Industry Median: 26.84 vs SHSE:688586: 26.69

Hefei Jianghang Aircraft Equipment Co had a gross margin of 29.57% for the quarter that ended in Mar. 2026 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Hefei Jianghang Aircraft Equipment Co was -8.20% per year.


Hefei Jianghang Aircraft Equipment Co  (SHSE:688586) 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

Hefei Jianghang Aircraft Equipment Co had a gross margin of 29.57% 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.


Hefei Jianghang Aircraft Equipment Co Gross Margin % Related Terms


Hefei Jianghang Aircraft Equipment Co Gross Margin % Historical Data

* Premium members only.

The historical data trend for Hefei Jianghang Aircraft Equipment 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.

Hefei Jianghang Aircraft Equipment Co Gross Margin % Chart

Hefei Jianghang Aircraft Equipment Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 43.61 40.23 37.52 34.84 26.39

Hefei Jianghang Aircraft Equipment 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 27.81 29.41 25.68 23.25 29.57

SHSE:688586 vs SPCX, GE, RTX: Gross Margin % Comparison

For the Aerospace & Defense subindustry, Hefei Jianghang Aircraft Equipment 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.


Hefei Jianghang Aircraft Equipment Co Gross Margin % vs Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Hefei Jianghang Aircraft Equipment Co's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Hefei Jianghang Aircraft Equipment Co's Gross Margin % falls into.


SHSE:688586
74GF Score
Hefei Jianghang Aircraft Equipment Co Ltd SHSE:688586
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hefei Jianghang Aircraft Equipment Co Gross Margin % Calculation

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

Hefei Jianghang Aircraft Equipment 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 )
=250 / 947.542
=(Revenue - Cost of Goods Sold) / Revenue
=(947.542 - 697.511) / 947.542
=26.39 %

Hefei Jianghang Aircraft Equipment 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 )
=53.5 / 180.871
=(Revenue - Cost of Goods Sold) / Revenue
=(180.871 - 127.382) / 180.871
=29.57 %

* 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 29.57% mean?
Hefei Jianghang Aircraft Equipment Co (SHSE:688586) has a Gross Margin % of 29.57% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Hefei Jianghang Aircraft Equipment Co and its competitors. This is 18% below median its historical median of 36.18. Over the past decade, Hefei Jianghang Aircraft Equipment Co's Gross Margin % has ranged from 26.39 to 43.61. According to the industry distribution chart, Hefei Jianghang Aircraft Equipment Co ranks #175 out of 345 companies in the Aerospace & Defense industry, placing it in the top 50.7%.
Is Hefei Jianghang Aircraft Equipment Co's Gross Margin % too high?
Hefei Jianghang Aircraft Equipment Co's current Gross Margin % of 29.57% is 18% below median its 10-year median of 36.18. Over the past 10 years, this metric has ranged from a low of 26.39 to a high of 43.61. The Aerospace & Defense industry median Gross Margin % is 26.84. Hefei Jianghang Aircraft Equipment Co's value of 29.57% is 10.2% above this industry median. Based on the distribution chart, Hefei Jianghang Aircraft Equipment Co ranks #175 out of 345 companies in the Aerospace & Defense industry, which is below the industry midpoint. Overall, Hefei Jianghang Aircraft Equipment Co has a GF Score™ of 74/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Hefei Jianghang Aircraft Equipment Co's Gross Margin % compare to SPCX and GE?
According to the Aerospace & Defense industry distribution chart, Hefei Jianghang Aircraft Equipment Co ranks #175 out of 345 companies for Gross Margin %. This places Hefei Jianghang Aircraft Equipment Co in the lower half of its industry. The industry median Gross Margin % is 26.84. Hefei Jianghang Aircraft Equipment Co's value of 29.57% is 10.2% above this benchmark. Historically, Hefei Jianghang Aircraft Equipment Co's own Gross Margin % has ranged from 26.39 to 43.61 over the past decade. While the company's 10-year median is 36.18 vs. the industry median of 26.84, Hefei Jianghang Aircraft Equipment 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 Aerospace & Defense company?
The median Gross Margin % among Aerospace & Defense companies is 26.84, based on 345 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. Hefei Jianghang Aircraft Equipment Co's current Gross Margin % of 29.57% is 10.2% 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 Hefei Jianghang Aircraft Equipment Co and its competitors. For the Aerospace & Defense industry, the median Gross Margin % is 26.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hefei Jianghang Aircraft Equipment Co's current Gross Margin % is 29.57%, which is 18% below median its own 10-year median of 36.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hefei Jianghang Aircraft Equipment Co stock overvalued right now?
Based on GuruFocus' analysis, Hefei Jianghang Aircraft Equipment Co (SHSE:688586) is currently considered Fairly Valued. The stock's GF Value™ is ¥9.86, compared to a current price of ¥10.05 — trading 1.9% above its estimated fair value. The current Gross Margin % is 29.57%, which is 18% below median its 10-year median of 36.18 and 10.2% above the Aerospace & Defense industry median of 26.84. Hefei Jianghang Aircraft Equipment Co's overall GF Score™ is 74/100 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 Hefei Jianghang Aircraft Equipment Co (SHSE:688586), the current Gross Margin % is 29.57% 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 Hefei Jianghang Aircraft Equipment Co (SHSE:688586) Overvalued in 2026?

Based on GuruFocus' analysis, Hefei Jianghang Aircraft Equipment Co stock appears to be overvalued. The current stock price of ¥10.05 is trading 1.9% above its estimated GF Value™ of ¥9.86. GuruFocus considers Hefei Jianghang Aircraft Equipment Co to be Fairly Valued.

Key valuation signals for SHSE:688586:

  • Gross Margin %: 29.57% (18% below median its 10-year median of 36.18)
  • GF Value™: ¥9.86 vs. price of ¥10.05 (1.9% above fair value)
  • GF Score™: 74/100 with 9 warning signs
  • Industry Position: 10.2% above the Aerospace & Defense median (#175 of 345)

No single metric tells the full story. See the SHSE:688586 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hefei Jianghang Aircraft Equipment Co Business Description

Address No. 35, Yan\'an Road, Baohe Industrial Zone, Anhui Province, Hefei, CHN, 230051
Hefei Jianghang Aircraft Equipment Co Ltd is engaged in production of aviation equipments and special refrigeration. The company produces aviation oxygen system, air service oxygen system, aircraft cabin equipment facilities, emergency oxygen supply device, engine oxygen supplement system, inert protection system, aviation fuel tank system, landing gear, aerospace environmental control life support equipment, aerospace individual protective device, ground oxygen protection device, plug-in pod, aviation ground equipment, non-standard testing equipment, non-standard training equipment, oxygen generator, sensitive element, sensor, refrigeration equipment, civil oxygen generator, medical oxygen generator, air purifier, and water purification.
74GF Score

Get the complete analysis for SHSE:688586

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

¥10.05
Price
¥9.86
GF Value