Xgimi Tech CoSHSE:688696 -1.75%60 Gross Margin % is 36.14% as of Mar. 2026, which is 16% above its 10-year median of 31.19. GuruFocus rates SHSE:688696 with a GF Score™ of 60/100 and a GF Value™ of ¥110.21 (Significantly Undervalued). The stock has 8 warning signs investors should review. Among 2,449 Hardware companies, Xgimi Tech Co ranks better than 65.5% on this metric.
The historical rank and industry rank for Xgimi Tech Co's Gross Margin % or its related term are showing as below:
SHSE:688696'
s Gross Margin % Range Over the Past 10 Years
Min: 18.04 Med: 31.19 Max: 35.98
Current: 32.68
During the past 9 years, the highestGross Margin % of Xgimi Tech Co was 35.98%. The lowest was 18.04%. And the median was 31.19%.
SHSE:688696's Gross Margin % is ranked better than 65.5% of 2449
companies
in the Hardware industry
Industry Median: 24.5
vs SHSE:688696: 32.68
Xgimi Tech Co had a gross margin of 36.14% for the quarter that ended in Mar. 2026 => Competition eroding margins
The 5-Year average Growth Rate of Gross Margin for Xgimi Tech Co was -0.70% per year.
Xgimi Tech Co (SHSE:688696) 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
Xgimi Tech Co had a gross margin of 36.14% 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.
Xgimi Tech Co Gross Margin % Related Terms
Xgimi Tech Co Gross Margin % Historical Data
* Premium members only.
The historical data trend for Xgimi Tech 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.
For the Consumer Electronics subindustry, Xgimi Tech 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.
Xgimi Tech Co Gross Margin % vs Hardware Industry
For the Hardware industry and Technology sector, Xgimi Tech Co's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Xgimi Tech 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.
Xgimi Tech Co (SHSE:688696) has a Gross Margin % of 36.14% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Xgimi Tech Co and its competitors. This is 16% above median its historical median of 31.19. Over the past decade, Xgimi Tech Co's Gross Margin % has ranged from 18.04 to 35.98. According to the industry distribution chart, Xgimi Tech Co ranks #845 out of 2449 companies in the Hardware industry, placing it in the top 34.5%.
Is Xgimi Tech Co's Gross Margin % too high?
Xgimi Tech Co's current Gross Margin % of 36.14% is 16% above median its 10-year median of 31.19. Over the past 10 years, this metric has ranged from a low of 18.04 to a high of 35.98. The Hardware industry median Gross Margin % is 24.50. Xgimi Tech Co's value of 36.14% is 47.5% above this industry median. Based on the distribution chart, Xgimi Tech Co ranks #845 out of 2449 companies in the Hardware industry, which is above the industry midpoint. Overall, Xgimi Tech Co has a GF Score™ of 60/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Xgimi Tech Co's Gross Margin % compare to AAPL?
According to the Hardware industry distribution chart, Xgimi Tech Co ranks #845 out of 2449 companies for Gross Margin %. This puts Xgimi Tech Co in the upper half of its industry. The industry median Gross Margin % is 24.50. Xgimi Tech Co's value of 36.14% is 47.5% above this benchmark. Historically, Xgimi Tech Co's own Gross Margin % has ranged from 18.04 to 35.98 over the past decade. While the company's 10-year median is 31.19 vs. the industry median of 24.50, Xgimi Tech 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 2,449 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. Xgimi Tech Co's current Gross Margin % of 36.14% is 47.5% 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 Xgimi Tech 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. Xgimi Tech Co's current Gross Margin % is 36.14%, which is 16% above median its own 10-year median of 31.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Xgimi Tech Co stock overvalued right now?
Based on GuruFocus' analysis, Xgimi Tech Co (SHSE:688696) is currently considered Significantly Undervalued. The stock's GF Value™ is ¥110.21, compared to a current price of ¥65.01 — trading 41% below its estimated fair value. The current Gross Margin % is 36.14%, which is 16% above median its 10-year median of 31.19 and 47.5% above the Hardware industry median of 24.50. Xgimi Tech Co's overall GF Score™ is 60/100 with 8 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 Xgimi Tech Co (SHSE:688696), the current Gross Margin % is 36.14% 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 Xgimi Tech Co (SHSE:688696) Overvalued in 2026?
Based on GuruFocus' analysis, Xgimi Tech Co stock appears to be undervalued.
The current stock price of ¥65.01 is trading 41% below its estimated GF Value™ of ¥110.21.
GuruFocus considers Xgimi Tech Co to be Significantly Undervalued.
Key valuation signals for SHSE:688696:
Gross Margin %: 36.14% (16% above median its 10-year median of 31.19)
GF Value™: ¥110.21 vs. price of ¥65.01 (41% below fair value)
Industry Position: 47.5% above the Hardware median (#845 of 2449)
No single metric tells the full story. See the SHSE:688696 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
AddressNo. 1129, Century City Road, High-tech Zone, China (Sichuan) Pilot Free Trade Zone, Building 4, Area A, Tianfu Software Park, Chengdu, CHN, 610000
Xgimi Tech Co Ltd focuses on research and development, manufacturing, and sales of smart projection products. It offers consumers related accessories and internet value-added services centered around smart projection technology. Its business activities include software development, technical consulting, and technology transfer, enabling ongoing innovation and product enhancement. The company produces computer software, hardware, and peripheral equipment, alongside manufacturing smart home consumer electronics.
60GF Score
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