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Zhejiang Changsheng Sliding Bearings Co (SZSE:300718) Gross Margin % : 32.91% (As of Mar. 2025)


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What is Zhejiang Changsheng Sliding Bearings Co Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Zhejiang Changsheng Sliding Bearings Co's Gross Profit for the three months ended in Mar. 2025 was ¥93 Mil. Zhejiang Changsheng Sliding Bearings Co's Revenue for the three months ended in Mar. 2025 was ¥282 Mil. Therefore, Zhejiang Changsheng Sliding Bearings Co's Gross Margin % for the quarter that ended in Mar. 2025 was 32.91%.


The historical rank and industry rank for Zhejiang Changsheng Sliding Bearings Co's Gross Margin % or its related term are showing as below:

SZSE:300718' s Gross Margin % Range Over the Past 10 Years
Min: 27.66   Med: 35.99   Max: 42.48
Current: 34.81


During the past 12 years, the highest Gross Margin % of Zhejiang Changsheng Sliding Bearings Co was 42.48%. The lowest was 27.66%. And the median was 35.99%.

SZSE:300718's Gross Margin % is ranked better than
70.71% of 2950 companies
in the Industrial Products industry
Industry Median: 26.645 vs SZSE:300718: 34.81

Zhejiang Changsheng Sliding Bearings Co had a gross margin of 32.91% for the quarter that ended in Mar. 2025 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Zhejiang Changsheng Sliding Bearings Co was -0.60% per year.


Zhejiang Changsheng Sliding Bearings Co Gross Margin % Historical Data

The historical data trend for Zhejiang Changsheng Sliding Bearings 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.

* Premium members only.

Zhejiang Changsheng Sliding Bearings Co Gross Margin % Chart

Zhejiang Changsheng Sliding Bearings Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 35.82 27.66 29.38 35.81 35.16

Zhejiang Changsheng Sliding Bearings Co Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 34.29 37.18 32.96 36.10 32.91

Competitive Comparison of Zhejiang Changsheng Sliding Bearings Co's Gross Margin %

For the Specialty Industrial Machinery subindustry, Zhejiang Changsheng Sliding Bearings 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.


Zhejiang Changsheng Sliding Bearings Co's Gross Margin % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Zhejiang Changsheng Sliding Bearings Co's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Zhejiang Changsheng Sliding Bearings Co's Gross Margin % falls into.


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Zhejiang Changsheng Sliding Bearings Co Gross Margin % Calculation

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

Zhejiang Changsheng Sliding Bearings Co's Gross Margin for the fiscal year that ended in Dec. 2024 is calculated as

Gross Margin % (A: Dec. 2024 )=Gross Profit (A: Dec. 2024 ) / Revenue (A: Dec. 2024 )
=399.9 / 1137.451
=(Revenue - Cost of Goods Sold) / Revenue
=(1137.451 - 737.549) / 1137.451
=35.16 %

Zhejiang Changsheng Sliding Bearings Co's Gross Margin for the quarter that ended in Mar. 2025 is calculated as


Gross Margin % (Q: Mar. 2025 )=Gross Profit (Q: Mar. 2025 ) / Revenue (Q: Mar. 2025 )
=92.8 / 282.056
=(Revenue - Cost of Goods Sold) / Revenue
=(282.056 - 189.239) / 282.056
=32.91 %

* 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.


Zhejiang Changsheng Sliding Bearings Co  (SZSE:300718) 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

Zhejiang Changsheng Sliding Bearings Co had a gross margin of 32.91% for the quarter that ended in Mar. 2025 => 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.


Zhejiang Changsheng Sliding Bearings Co Gross Margin % Related Terms

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Zhejiang Changsheng Sliding Bearings Co Business Description

Traded in Other Exchanges
N/A
Address
No.6, Xinda Road, Economic Development Zone, Jiashan, Zhejiang, CHN
Zhejiang Changsheng Sliding Bearings Co Ltd is engaged in the research, development, production, and sale of self-lubricating bearings in China. The main products are bimetallic self-lubricating bearings, metal plastic self-lubricating bearings, metal-based self-lubricating bearings, and plastic self-lubricating bearings. Its products are mainly used in automobiles, engineering machinery, agriculture and other.
Executives
Sun Zhi Hua Director
Chu Chen Jian Directors, executives
Cao Yin Chao Directors, executives
Wang Wei Jie Supervisors
Lu Zhong Quan Executives
Dai Hai Lin Executives
Zhu Yao Guang Supervisors

Zhejiang Changsheng Sliding Bearings Co Headlines

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