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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.
Wave Cyber (Shanghai) CoSHSE:688718 -11.56%83 Gross Margin % is 35.49% as of Mar. 2026, which is 3% above its 10-year median of 34.44. GuruFocus rates SHSE:688718 with a GF Score™ of 83/100 and a GF Value™ of ¥15.02 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 232 Waste Management companies, Wave Cyber (Shanghai) Co ranks better than 63.79% on this metric.
SHSE:688718's Gross Margin % is ranked better than 63.79% of 232
companies
in the Waste Management industry
Industry Median: 27.725
vs SHSE:688718: 34.21
Wave Cyber (Shanghai) Co had a gross margin of 35.49% for the quarter that ended in Mar. 2026 => Competition eroding margins
The 5-Year average Growth Rate of Gross Margin for Wave Cyber (Shanghai) Co was -1.80% per year.
Wave Cyber (Shanghai) Co (SHSE:688718) 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
Wave Cyber (Shanghai) Co had a gross margin of 35.49% 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.
Wave Cyber (Shanghai) Co Gross Margin % Related Terms
Wave Cyber (Shanghai) 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.
SHSE:688718 vs WM, RSG, WCN: Gross Margin % Comparison
For the Waste Management subindustry, Wave Cyber (Shanghai) 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.
Wave Cyber (Shanghai) Co Gross Margin % vs Waste Management Industry
For the Waste Management industry and Industrials sector, Wave Cyber (Shanghai) Co's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Wave Cyber (Shanghai) 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.
Wave Cyber (Shanghai) Co (SHSE:688718) has a Gross Margin % of 35.49% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Wave Cyber (Shanghai) Co and its competitors. This is near median its historical median of 34.44. Over the past decade, Wave Cyber (Shanghai) Co's Gross Margin % has ranged from 30.92 to 39.34. According to the industry distribution chart, Wave Cyber (Shanghai) Co ranks #84 out of 232 companies in the Waste Management industry, placing it in the top 36.2%.
Is Wave Cyber (Shanghai) Co's Gross Margin % too high?
Wave Cyber (Shanghai) Co's current Gross Margin % of 35.49% is near median its 10-year median of 34.44. Over the past 10 years, this metric has ranged from a low of 30.92 to a high of 39.34. The Waste Management industry median Gross Margin % is 27.73. Wave Cyber (Shanghai) Co's value of 35.49% is 28% above this industry median. Based on the distribution chart, Wave Cyber (Shanghai) Co ranks #84 out of 232 companies in the Waste Management industry, which is above the industry midpoint. Overall, Wave Cyber (Shanghai) Co has a GF Score™ of 83/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Wave Cyber (Shanghai) Co's Gross Margin % compare to WM and RSG?
According to the Waste Management industry distribution chart, Wave Cyber (Shanghai) Co ranks #84 out of 232 companies for Gross Margin %. This puts Wave Cyber (Shanghai) Co in the upper half of its industry. The industry median Gross Margin % is 27.73. Wave Cyber (Shanghai) Co's value of 35.49% is 28% above this benchmark. Historically, Wave Cyber (Shanghai) Co's own Gross Margin % has ranged from 30.92 to 39.34 over the past decade. While the company's 10-year median is 34.44 vs. the industry median of 27.73, Wave Cyber (Shanghai) 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 Waste Management company?
The median Gross Margin % among Waste Management companies is 27.73, based on 232 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. Wave Cyber (Shanghai) Co's current Gross Margin % of 35.49% is 28% 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 Wave Cyber (Shanghai) Co and its competitors. For the Waste Management industry, the median Gross Margin % is 27.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Wave Cyber (Shanghai) Co's current Gross Margin % is 35.49%, which is near median its own 10-year median of 34.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wave Cyber (Shanghai) Co stock overvalued right now?
Based on GuruFocus' analysis, Wave Cyber (Shanghai) Co (SHSE:688718) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥15.02, compared to a current price of ¥12.47 — trading 17% below its estimated fair value. The current Gross Margin % is 35.49%, which is near median its 10-year median of 34.44 and 28% above the Waste Management industry median of 27.73. Wave Cyber (Shanghai) Co's overall GF Score™ is 83/100 with 3 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 Wave Cyber (Shanghai) Co (SHSE:688718), the current Gross Margin % is 35.49% 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 Wave Cyber (Shanghai) Co (SHSE:688718) Overvalued in 2026?
Based on GuruFocus' analysis, Wave Cyber (Shanghai) Co stock appears to be undervalued.
The current stock price of ¥12.47 is trading 17% below its estimated GF Value™ of ¥15.02.
GuruFocus considers Wave Cyber (Shanghai) Co to be Modestly Undervalued.
Key valuation signals for SHSE:688718:
Gross Margin %: 35.49% (near median its 10-year median of 34.44)
GF Value™: ¥15.02 vs. price of ¥12.47 (17% below fair value)
Industry Position: 28% above the Waste Management median (#84 of 232)
No single metric tells the full story. See the SHSE:688718 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Wave Cyber (Shanghai) Co Ltd is a manufacturer of components for the residential, commercial, industrial and municipal water treatment industries. The products include full lines of fiberglass pressure tanks, brine tanks/cabinets, membrane pressure vessels and others.
83GF Score
Get the complete analysis for SHSE:688718
Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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