Tongda Smart Tech (Xiamen) Co (SZSE:001368) Gross Margin %: 24.55% (As of Jun. 2026) — Near Median

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SZSE:001368 Tongda Smart Tech (Xiamen) Co Ltd SZSE:001368
88 GF Score
Price ¥29.02
GF Value ¥28.46
Valuation Fairly Valued
! 5 Warning Signs
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What is Tongda Smart Tech (Xiamen) Co Gross Margin %?

Tongda Smart Tech (Xiamen) Co SZSE:001368 +6.50% 88 Gross Margin % is 24.55% as of Jun. 2026, which is 3% below its 10-year median of 25.40. GuruFocus rates SZSE:001368 with a GF Score™ of 88/100 and a GF Value™ of ¥28.46 (Fairly Valued). The stock has 5 warning signs investors should review. Among 413 Furnishings, Fixtures & Appliances companies, Tongda Smart Tech (Xiamen) Co ranks worse than 60.29% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Tongda Smart Tech (Xiamen) Co's Gross Profit for the three months ended in Jun. 2026 was ¥73 Mil. Tongda Smart Tech (Xiamen) Co's Revenue for the three months ended in Jun. 2026 was ¥297 Mil. Therefore, Tongda Smart Tech (Xiamen) Co's Gross Margin % for the quarter that ended in Jun. 2026 was 24.55%.


The historical rank and industry rank for Tongda Smart Tech (Xiamen) Co's Gross Margin % or its related term are showing as below:

SZSE:001368' s Gross Margin % Range Over the Past 10 Years
Min: 23.16   Med: 25.4   Max: 27.29
Current: 25.04


During the past 8 years, the highest Gross Margin % of Tongda Smart Tech (Xiamen) Co was 27.29%. The lowest was 23.16%. And the median was 25.40%.

SZSE:001368's Gross Margin % is ranked worse than
60.29% of 413 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 29.29 vs SZSE:001368: 25.04

Tongda Smart Tech (Xiamen) Co had a gross margin of 24.55% for the quarter that ended in Jun. 2026 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Tongda Smart Tech (Xiamen) Co was -0.20% per year.


Tongda Smart Tech (Xiamen) Co  (SZSE:001368) 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

Tongda Smart Tech (Xiamen) Co had a gross margin of 24.55% for the quarter that ended in Jun. 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.


Tongda Smart Tech (Xiamen) Co Gross Margin % Related Terms


Tongda Smart Tech (Xiamen) Co Gross Margin % Historical Data

* Premium members only.

The historical data trend for Tongda Smart Tech (Xiamen) 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.

Tongda Smart Tech (Xiamen) Co Gross Margin % Chart

Tongda Smart Tech (Xiamen) Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Gross Margin %
Get a 7-Day Free Trial 24.81 25.10 27.29 26.19 24.49

Tongda Smart Tech (Xiamen) Co Quarterly Data
Jun21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Gross Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 24.27 23.77 25.08 26.64 24.55

SZSE:001368 vs SN, SGI, MHK: Gross Margin % Comparison

For the Furnishings, Fixtures & Appliances subindustry, Tongda Smart Tech (Xiamen) 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.


Tongda Smart Tech (Xiamen) Co Gross Margin % vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Tongda Smart Tech (Xiamen) Co's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Tongda Smart Tech (Xiamen) Co's Gross Margin % falls into.


SZSE:001368
88GF Score
Tongda Smart Tech (Xiamen) Co Ltd SZSE:001368
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Tongda Smart Tech (Xiamen) Co Gross Margin % Calculation

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

Tongda Smart Tech (Xiamen) 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 )
=258.6 / 1056.002
=(Revenue - Cost of Goods Sold) / Revenue
=(1056.002 - 797.432) / 1056.002
=24.49 %

Tongda Smart Tech (Xiamen) Co's Gross Margin for the quarter that ended in Jun. 2026 is calculated as


Gross Margin % (Q: Jun. 2026 )=Gross Profit (Q: Jun. 2026 ) / Revenue (Q: Jun. 2026 )
=73 / 297.381
=(Revenue - Cost of Goods Sold) / Revenue
=(297.381 - 224.388) / 297.381
=24.55 %

* 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 24.55% mean?
Tongda Smart Tech (Xiamen) Co (SZSE:001368) has a Gross Margin % of 24.55% as of Jun. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Tongda Smart Tech (Xiamen) Co and its competitors. This is near median its historical median of 25.40. Over the past decade, Tongda Smart Tech (Xiamen) Co's Gross Margin % has ranged from 23.16 to 27.29. According to the industry distribution chart, Tongda Smart Tech (Xiamen) Co ranks #249 out of 413 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 60.3%.
Is Tongda Smart Tech (Xiamen) Co's Gross Margin % too high?
Tongda Smart Tech (Xiamen) Co's current Gross Margin % of 24.55% is near median its 10-year median of 25.40. Over the past 10 years, this metric has ranged from a low of 23.16 to a high of 27.29. The Furnishings, Fixtures & Appliances industry median Gross Margin % is 29.29. Tongda Smart Tech (Xiamen) Co's value of 24.55% is 16.2% below this industry median. Based on the distribution chart, Tongda Smart Tech (Xiamen) Co ranks #249 out of 413 companies in the Furnishings, Fixtures & Appliances industry, which is below the industry midpoint. Overall, Tongda Smart Tech (Xiamen) Co has a GF Score™ of 88/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Tongda Smart Tech (Xiamen) Co's Gross Margin % compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Tongda Smart Tech (Xiamen) Co ranks #249 out of 413 companies for Gross Margin %. This places Tongda Smart Tech (Xiamen) Co in the lower half of its industry. The industry median Gross Margin % is 29.29. Tongda Smart Tech (Xiamen) Co's value of 24.55% is 16.2% below this benchmark. Historically, Tongda Smart Tech (Xiamen) Co's own Gross Margin % has ranged from 23.16 to 27.29 over the past decade. While the company's 10-year median is 25.40 vs. the industry median of 29.29, Tongda Smart Tech (Xiamen) Co has consistently been below 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 Furnishings, Fixtures & Appliances company?
The median Gross Margin % among Furnishings, Fixtures & Appliances companies is 29.29, based on 413 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. Tongda Smart Tech (Xiamen) Co's current Gross Margin % of 24.55% is 16.2% below 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 Tongda Smart Tech (Xiamen) Co and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Gross Margin % is 29.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tongda Smart Tech (Xiamen) Co's current Gross Margin % is 24.55%, which is near median its own 10-year median of 25.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tongda Smart Tech (Xiamen) Co stock overvalued right now?
Based on GuruFocus' analysis, Tongda Smart Tech (Xiamen) Co (SZSE:001368) is currently considered Fairly Valued. The stock's GF Value™ is ¥28.46, compared to a current price of ¥29.02 — trading 2% above its estimated fair value. The current Gross Margin % is 24.55%, which is near median its 10-year median of 25.40 and 16.2% below the Furnishings, Fixtures & Appliances industry median of 29.29. Tongda Smart Tech (Xiamen) Co's overall GF Score™ is 88/100 with 5 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 Tongda Smart Tech (Xiamen) Co (SZSE:001368), the current Gross Margin % is 24.55% 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.

Is Tongda Smart Tech (Xiamen) Co (SZSE:001368) Overvalued in 2026?

Based on GuruFocus' analysis, Tongda Smart Tech (Xiamen) Co stock appears to be overvalued. The current stock price of ¥29.02 is trading 2% above its estimated GF Value™ of ¥28.46. GuruFocus considers Tongda Smart Tech (Xiamen) Co to be Fairly Valued.

Key valuation signals for SZSE:001368:

  • Gross Margin %: 24.55% (near median its 10-year median of 25.40)
  • GF Value™: ¥28.46 vs. price of ¥29.02 (2% above fair value)
  • GF Score™: 88/100 with 5 warning signs
  • Industry Position: 16.2% below the Furnishings, Fixtures & Appliances median (#249 of 413)

No single metric tells the full story. See the SZSE:001368 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tongda Smart Tech (Xiamen) Co Business Description

Address No. 89 DingShan Middle Road, Dongfu Town, Fujian Province, Haicang District, Xiamen, CHN, 361000
Tongda Smart Tech (Xiamen) Co Ltd is engaged in the research and development, production, and sales of consumer products such as sports, outdoor, home life, health care, and others.
88GF Score

Get the complete analysis for SZSE:001368

Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

¥29.02
Price
¥28.46
GF Value