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.
What is Wuhan Changjin Photonics Technology Co Gross Margin %?
Wuhan Changjin Photonics Technology CoSHSE:688635 -6.28%20 Gross Margin % is 67.99% as of Jun. 2026, which is 0% above its 10-year median of 67.75. GuruFocus rates SHSE:688635 with a GF Score™ of 20/100. The stock has 2 warning signs investors should review. Among 2,455 Hardware companies, Wuhan Changjin Photonics Technology Co ranks better than 96.21% on this metric.
Wuhan Changjin Photonics Technology Co (SHSE:688635) 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
Wuhan Changjin Photonics Technology Co had a gross margin of 67.99% for the quarter that ended in Jun. 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.
Wuhan Changjin Photonics Technology Co Gross Margin % Related Terms
Wuhan Changjin Photonics 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.
Wuhan Changjin Photonics Technology Co Gross Margin % Chart
Wuhan Changjin Photonics Technology Co Annual Data
Trend
Dec22
Dec23
Dec24
Dec25
Gross Margin %
66.37
69.31
69.13
64.80
Wuhan Changjin Photonics Technology Co Quarterly Data
SHSE:688635 vs CSCO, MSI, HPE: Gross Margin % Comparison
For the Communication Equipment subindustry, Wuhan Changjin Photonics 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.
Wuhan Changjin Photonics Technology Co Gross Margin % vs Hardware Industry
* 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.
Wuhan Changjin Photonics Technology Co (SHSE:688635) has a Gross Margin % of 67.99% as of Jun. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Wuhan Changjin Photonics Technology Co and its competitors. This is near median its historical median of 67.75. Over the past decade, Wuhan Changjin Photonics Technology Co's Gross Margin % has ranged from 64.39 to 69.31. According to the industry distribution chart, Wuhan Changjin Photonics Technology Co ranks #93 out of 2455 companies in the Hardware industry, placing it in the top 3.8%.
Is Wuhan Changjin Photonics Technology Co's Gross Margin % too high?
Wuhan Changjin Photonics Technology Co's current Gross Margin % of 67.99% is near median its 10-year median of 67.75. Over the past 10 years, this metric has ranged from a low of 64.39 to a high of 69.31. The Hardware industry median Gross Margin % is 24.67. Wuhan Changjin Photonics Technology Co's value of 67.99% is 175.6% above this industry median. Based on the distribution chart, Wuhan Changjin Photonics Technology Co ranks #93 out of 2455 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Wuhan Changjin Photonics Technology Co has a GF Score™ of 20/100, reflecting its overall financial health beyond just this single metric.
How does Wuhan Changjin Photonics Technology Co's Gross Margin % compare to CSCO and MSI?
According to the Hardware industry distribution chart, Wuhan Changjin Photonics Technology Co ranks #93 out of 2455 companies for Gross Margin %. This places Wuhan Changjin Photonics Technology Co in the top 4% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 24.67. Wuhan Changjin Photonics Technology Co's value of 67.99% is 175.6% above this benchmark. Historically, Wuhan Changjin Photonics Technology Co's own Gross Margin % has ranged from 64.39 to 69.31 over the past decade. While the company's 10-year median is 67.75 vs. the industry median of 24.67, Wuhan Changjin Photonics 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 a Hardware company?
The median Gross Margin % among Hardware companies is 24.67, based on 2,455 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. Wuhan Changjin Photonics Technology Co's current Gross Margin % of 67.99% is 175.6% 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 Wuhan Changjin Photonics Technology Co and its competitors. For the Hardware industry, the median Gross Margin % is 24.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Wuhan Changjin Photonics Technology Co's current Gross Margin % is 67.99%, which is near median its own 10-year median of 67.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wuhan Changjin Photonics Technology Co stock overvalued right now?
Wuhan Changjin Photonics Technology Co (SHSE:688635) has a current Gross Margin % of 67.99%. The current Gross Margin % is 67.99%, which is near median its 10-year median of 67.75 and 175.6% above the Hardware industry median of 24.67. Wuhan Changjin Photonics Technology Co's overall GF Score™ is 20/100 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 Wuhan Changjin Photonics Technology Co (SHSE:688635), the current Gross Margin % is 67.99% 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.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
SHSE:688635 has been successfully added to your 
