What is Laplace Renewable Energy Technology Co Gross Margin %?
Laplace Renewable Energy Technology CoSHSE:688726 -0.88%13 Gross Margin % is 34.18% as of Mar. 2026, which is 22% above its 10-year median of 28.04. GuruFocus rates SHSE:688726 with a GF Score™ of 13/100. The stock has 3 warning signs investors should review. Among 2,992 Industrial Products companies, Laplace Renewable Energy Technology Co ranks better than 56.89% on this metric.
SHSE:688726's Gross Margin % is ranked better than 56.89% of 2992
companies
in the Industrial Products industry
Industry Median: 26.82
vs SHSE:688726: 29.43
Laplace Renewable Energy Technology Co had a gross margin of 34.18% for the quarter that ended in Mar. 2026 => Competition eroding margins
Laplace Renewable Energy Technology Co (SHSE:688726) 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
Laplace Renewable Energy Technology Co had a gross margin of 34.18% 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.
Laplace Renewable Energy Technology Co Gross Margin % Related Terms
Laplace Renewable Energy 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.
Laplace Renewable Energy Technology Co Gross Margin % Chart
Laplace Renewable Energy Technology Co Annual Data
SHSE:688726 vs GEV, ETN, PH: Gross Margin % Comparison
For the Specialty Industrial Machinery subindustry, Laplace Renewable Energy 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.
Laplace Renewable Energy Technology Co Gross Margin % vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Laplace Renewable Energy Technology Co's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Laplace Renewable Energy Technology 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.
Laplace Renewable Energy Technology Co (SHSE:688726) has a Gross Margin % of 34.18% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Laplace Renewable Energy Technology Co and its competitors. This is 22% above median its historical median of 28.04. According to the industry distribution chart, Laplace Renewable Energy Technology Co ranks #1290 out of 2992 companies in the Industrial Products industry, placing it in the top 43.1%.
Is Laplace Renewable Energy Technology Co's Gross Margin % too high?
Laplace Renewable Energy Technology Co's current Gross Margin % of 34.18% is 22% above median its 10-year median of 28.04. The Industrial Products industry median Gross Margin % is 26.82. Laplace Renewable Energy Technology Co's value of 34.18% is 27.4% above this industry median. Based on the distribution chart, Laplace Renewable Energy Technology Co ranks #1290 out of 2992 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Laplace Renewable Energy Technology Co has a GF Score™ of 13/100, reflecting its overall financial health beyond just this single metric.
How does Laplace Renewable Energy Technology Co's Gross Margin % compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Laplace Renewable Energy Technology Co ranks #1290 out of 2992 companies for Gross Margin %. This puts Laplace Renewable Energy Technology Co in the upper half of its industry. The industry median Gross Margin % is 26.82. Laplace Renewable Energy Technology Co's value of 34.18% is 27.4% above this benchmark. While the company's 10-year median is 28.04 vs. the industry median of 26.82, Laplace Renewable Energy 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 an Industrial Products company?
The median Gross Margin % among Industrial Products companies is 26.82, based on 2,992 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. Laplace Renewable Energy Technology Co's current Gross Margin % of 34.18% is 27.4% 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 Laplace Renewable Energy Technology Co and its competitors. For the Industrial Products industry, the median Gross Margin % is 26.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Laplace Renewable Energy Technology Co's current Gross Margin % is 34.18%, which is 22% above median its own 10-year median of 28.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Laplace Renewable Energy Technology Co stock overvalued right now?
Laplace Renewable Energy Technology Co (SHSE:688726) has a current Gross Margin % of 34.18%. The current Gross Margin % is 34.18%, which is 22% above median its 10-year median of 28.04 and 27.4% above the Industrial Products industry median of 26.82. Laplace Renewable Energy Technology Co's overall GF Score™ is 13/100 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 Laplace Renewable Energy Technology Co (SHSE:688726), the current Gross Margin % is 34.18% 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.
Laplace Renewable Energy Technology Co Business Description
Laplace Renewable Energy Technology Co Ltd is engaged in research & develoment, production and sales of high-performance thermal processes, coatings and supporting automation equipment required for photovoltaic cell manufacturing.
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