Moore Threads Technology Co (SHSE:688795) Gross Margin %: 67.35% (As of Mar. 2026) — 47% Above Median

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SHSE:688795 Moore Threads Technology Co Ltd SHSE:688795
3 GF Score
Price ¥564.54
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What is Moore Threads Technology Co Gross Margin %?

Moore Threads Technology Co SHSE:688795 +0.22% 3 Gross Margin % is 67.35% as of Mar. 2026, which is 47% above its 10-year median of 45.72. GuruFocus rates SHSE:688795 with a GF Score™ of 3/100. The stock has 2 warning signs investors should review. Among 2,453 Hardware companies, Moore Threads Technology Co ranks better than 95.52% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Moore Threads Technology Co's Gross Profit for the three months ended in Mar. 2026 was ¥497 Mil. Moore Threads Technology Co's Revenue for the three months ended in Mar. 2026 was ¥738 Mil. Therefore, Moore Threads Technology Co's Gross Margin % for the quarter that ended in Mar. 2026 was 67.35%.


The historical rank and industry rank for Moore Threads Technology Co's Gross Margin % or its related term are showing as below:

SHSE:688795' s Gross Margin % Range Over the Past 10 Years
Min: -70.08   Med: 45.72   Max: 70.71
Current: 64.46


During the past 4 years, the highest Gross Margin % of Moore Threads Technology Co was 70.71%. The lowest was -70.08%. And the median was 45.72%.

SHSE:688795's Gross Margin % is ranked better than
95.52% of 2453 companies
in the Hardware industry
Industry Median: 24.49 vs SHSE:688795: 64.46

Moore Threads Technology Co had a gross margin of 67.35% for the quarter that ended in Mar. 2026 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Moore Threads Technology Co was 0.00% per year.


Moore Threads Technology Co  (SHSE:688795) 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

Moore Threads Technology Co had a gross margin of 67.35% for the quarter that ended in Mar. 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.


Moore Threads Technology Co Gross Margin % Related Terms


Moore Threads Technology Co Gross Margin % Historical Data

* Premium members only.

The historical data trend for Moore Threads Technology 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.

Moore Threads Technology Co Gross Margin % Chart

Moore Threads Technology Co Annual Data
Trend Dec22 Dec23 Dec24 Dec25
Gross Margin %
-70.08 25.87 70.71 65.57

Moore Threads Technology Co Quarterly Data
Dec22 Dec23 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Gross Margin % Get a 7-Day Free Trial 77.64 63.20 0.25 69.60 67.35

SHSE:688795 vs DELL, ANET, SNDK: Gross Margin % Comparison

For the Computer Hardware subindustry, Moore Threads 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.


Moore Threads Technology Co Gross Margin % vs Hardware Industry

For the Hardware industry and Technology sector, Moore Threads Technology Co's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Moore Threads Technology Co's Gross Margin % falls into.


SHSE:688795
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Moore Threads Technology Co Ltd SHSE:688795
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Moore Threads Technology Co Gross Margin % Calculation

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

Moore Threads Technology 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 )
=987.2 / 1505.525
=(Revenue - Cost of Goods Sold) / Revenue
=(1505.525 - 518.339) / 1505.525
=65.57 %

Moore Threads Technology 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 )
=496.8 / 737.596
=(Revenue - Cost of Goods Sold) / Revenue
=(737.596 - 240.815) / 737.596
=67.35 %

* 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 67.35% mean?
Moore Threads Technology Co (SHSE:688795) has a Gross Margin % of 67.35% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Moore Threads Technology Co and its competitors. This is 47% above median its historical median of 45.72. According to the industry distribution chart, Moore Threads Technology Co ranks #110 out of 2453 companies in the Hardware industry, placing it in the top 4.5%.
Is Moore Threads Technology Co's Gross Margin % too high?
Moore Threads Technology Co's current Gross Margin % of 67.35% is 47% above median its 10-year median of 45.72. The Hardware industry median Gross Margin % is 24.49. Moore Threads Technology Co's value of 67.35% is 175% above this industry median. Based on the distribution chart, Moore Threads Technology Co ranks #110 out of 2453 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Moore Threads Technology Co has a GF Score™ of 3/100, reflecting its overall financial health beyond just this single metric.
How does Moore Threads Technology Co's Gross Margin % compare to DELL and ANET?
According to the Hardware industry distribution chart, Moore Threads Technology Co ranks #110 out of 2453 companies for Gross Margin %. This places Moore Threads Technology Co in the top 5% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 24.49. Moore Threads Technology Co's value of 67.35% is 175% above this benchmark. While the company's 10-year median is 45.72 vs. the industry median of 24.49, Moore Threads 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 24.49, based on 2,453 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. Moore Threads Technology Co's current Gross Margin % of 67.35% is 175% 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 Moore Threads Technology Co and its competitors. For the Hardware industry, the median Gross Margin % is 24.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Moore Threads Technology Co's current Gross Margin % is 67.35%, which is 47% above median its own 10-year median of 45.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Moore Threads Technology Co stock overvalued right now?
Moore Threads Technology Co (SHSE:688795) has a current Gross Margin % of 67.35%. The current Gross Margin % is 67.35%, which is 47% above median its 10-year median of 45.72 and 175% above the Hardware industry median of 24.49. Moore Threads Technology Co's overall GF Score™ is 3/100 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 Moore Threads Technology Co (SHSE:688795), the current Gross Margin % is 67.35% 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.

Moore Threads Technology Co Business Description

Address Donghu Street, 3rd floor, Block I, Wangjing International R&D Park, Chaoyang District, Beijing, CHN, 100102
Moore Threads Technology Co Ltd is principally engaged in the R&D, design and sales of graphics processing units(GPUs) and related products. The business includes providing technical services, technology development, technical consulting, technology exchanges, technology transfers, technology promotion and information system integration. Besides chip design and sales, it also engages in import-export activities related to technology and hardware products.
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