Shenzhen Tongye Technology Co (SZSE:300960) Gross Margin %: 42.39% (As of Jun. 2026) — 11% Below Median

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SZSE:300960 Shenzhen Tongye Technology Co Ltd SZSE:300960
67 GF Score
Price ¥16.53
GF Value ¥22.60
Valuation Modestly Undervalued
! 7 Warning Signs
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What is Shenzhen Tongye Technology Co Gross Margin %?

Shenzhen Tongye Technology Co SZSE:300960 -1.72% 67 Gross Margin % is 42.39% as of Jun. 2026, which is 11% below its 10-year median of 47.51. GuruFocus rates SZSE:300960 with a GF Score™ of 67/100 and a GF Value™ of ¥22.60 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 3,008 Industrial Products companies, Shenzhen Tongye Technology Co ranks better than 78.82% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Shenzhen Tongye Technology Co's Gross Profit for the three months ended in Jun. 2026 was ¥53.4 Mil. Shenzhen Tongye Technology Co's Revenue for the three months ended in Jun. 2026 was ¥126.0 Mil. Therefore, Shenzhen Tongye Technology Co's Gross Margin % for the quarter that ended in Jun. 2026 was 42.39%.

Warning Sign:

Shenzhen Tongye Technology Co Ltd gross margin has been in long-term decline. The average rate of decline per year is -4%.


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

SZSE:300960' s Gross Margin % Range Over the Past 10 Years
Min: 40.4   Med: 47.51   Max: 52.49
Current: 40.4


During the past 13 years, the highest Gross Margin % of Shenzhen Tongye Technology Co was 52.49%. The lowest was 40.40%. And the median was 47.51%.

SZSE:300960's Gross Margin % is ranked better than
78.82% of 3008 companies
in the Industrial Products industry
Industry Median: 26.745 vs SZSE:300960: 40.40

Shenzhen Tongye Technology Co had a gross margin of 42.39% for the quarter that ended in Jun. 2026 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Shenzhen Tongye Technology Co was -4.00% per year.


Shenzhen Tongye Technology Co  (SZSE:300960) 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

Shenzhen Tongye Technology Co had a gross margin of 42.39% for the quarter that ended in Jun. 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.


Shenzhen Tongye Technology Co Gross Margin % Related Terms


Shenzhen Tongye Technology Co Gross Margin % Historical Data

* Premium members only.

The historical data trend for Shenzhen Tongye 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.

Shenzhen Tongye Technology Co Gross Margin % Chart

Shenzhen Tongye Technology Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 47.74 46.18 41.99 43.44 41.39

Shenzhen Tongye Technology Co Quarterly Data
Sep21 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 46.64 38.70 41.27 35.41 42.39

SZSE:300960 vs GEV, ETN, PH: Gross Margin % Comparison

For the Specialty Industrial Machinery subindustry, Shenzhen Tongye 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.


Shenzhen Tongye Technology Co Gross Margin % vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Shenzhen Tongye Technology Co's Gross Margin % distribution charts can be found below:

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


SZSE:300960
67GF Score
Shenzhen Tongye Technology Co Ltd SZSE:300960
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Shenzhen Tongye Technology Co Gross Margin % Calculation

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

Shenzhen Tongye 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 )
=211 / 509.809
=(Revenue - Cost of Goods Sold) / Revenue
=(509.809 - 298.807) / 509.809
=41.39 %

Shenzhen Tongye Technology 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 )
=53.4 / 125.975
=(Revenue - Cost of Goods Sold) / Revenue
=(125.975 - 72.58) / 125.975
=42.39 %

* 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 42.39% mean?
Shenzhen Tongye Technology Co (SZSE:300960) has a Gross Margin % of 42.39% as of Jun. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Shenzhen Tongye Technology Co and its competitors. This is 11% below median its historical median of 47.51. Over the past decade, Shenzhen Tongye Technology Co's Gross Margin % has ranged from 40.40 to 52.49. According to the industry distribution chart, Shenzhen Tongye Technology Co ranks #637 out of 3008 companies in the Industrial Products industry, placing it in the top 21.2%.
Is Shenzhen Tongye Technology Co's Gross Margin % too high?
Shenzhen Tongye Technology Co's current Gross Margin % of 42.39% is 11% below median its 10-year median of 47.51. Over the past 10 years, this metric has ranged from a low of 40.40 to a high of 52.49. The Industrial Products industry median Gross Margin % is 26.75. Shenzhen Tongye Technology Co's value of 42.39% is 58.5% above this industry median. Based on the distribution chart, Shenzhen Tongye Technology Co ranks #637 out of 3008 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Shenzhen Tongye Technology Co has a GF Score™ of 67/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Shenzhen Tongye Technology Co's Gross Margin % compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Shenzhen Tongye Technology Co ranks #637 out of 3008 companies for Gross Margin %. This places Shenzhen Tongye Technology Co in the top 21% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 26.75. Shenzhen Tongye Technology Co's value of 42.39% is 58.5% above this benchmark. Historically, Shenzhen Tongye Technology Co's own Gross Margin % has ranged from 40.40 to 52.49 over the past decade. While the company's 10-year median is 47.51 vs. the industry median of 26.75, Shenzhen Tongye 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 26.75, based on 3,008 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. Shenzhen Tongye Technology Co's current Gross Margin % of 42.39% is 58.5% 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 Shenzhen Tongye Technology Co and its competitors. For the Industrial Products industry, the median Gross Margin % is 26.75 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shenzhen Tongye Technology Co's current Gross Margin % is 42.39%, which is 11% below median its own 10-year median of 47.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shenzhen Tongye Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Shenzhen Tongye Technology Co (SZSE:300960) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥22.60, compared to a current price of ¥16.53 — trading 26.9% below its estimated fair value. The current Gross Margin % is 42.39%, which is 11% below median its 10-year median of 47.51 and 58.5% above the Industrial Products industry median of 26.75. Shenzhen Tongye Technology Co's overall GF Score™ is 67/100 with 7 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 Shenzhen Tongye Technology Co (SZSE:300960), the current Gross Margin % is 42.39% 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 Shenzhen Tongye Technology Co (SZSE:300960) Overvalued in 2026?

Based on GuruFocus' analysis, Shenzhen Tongye Technology Co stock appears to be undervalued. The current stock price of ¥16.53 is trading 26.9% below its estimated GF Value™ of ¥22.60. GuruFocus considers Shenzhen Tongye Technology Co to be Modestly Undervalued.

Key valuation signals for SZSE:300960:

  • Gross Margin %: 42.39% (11% below median its 10-year median of 47.51)
  • GF Value™: ¥22.60 vs. price of ¥16.53 (26.9% below fair value)
  • GF Score™: 67/100 with 7 warning signs
  • Industry Position: 58.5% above the Industrial Products median (#637 of 3008)

No single metric tells the full story. See the SZSE:300960 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shenzhen Tongye Technology Co Business Description

Address No. 1231 Guanguang Road, Guanlan Street, Room 101, Building 3, Mattel Industrial Park, Guihua Community, Longhua District, Guangdong Province, Shenzhen, CHN, 518000
Shenzhen Tongye Technology Co Ltd is engaged in the development and production of rail transit train power supply products, network control products, energy management systems, motors and fans. The products are widely used in high-speed rail, urban rail vehicles, locomotives, and new energy products at home and abroad.
67GF Score

Get the complete analysis for SZSE:300960

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

¥16.53
Price
¥22.60
GF Value