Shanghai Belling Co (SHSE:600171) Net Margin %: 3.71% (As of Mar. 2026) — 80% Below Median

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Director of Data and Quant Analytics at GuruFocus
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SHSE:600171 Shanghai Belling Co Ltd SHSE:600171
67 GF Score
Price ¥23.45
GF Value ¥29.89
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Shanghai Belling Co Net Margin %?

Shanghai Belling Co SHSE:600171 +4.27% 67 Net Margin % is 3.71% as of Mar. 2026, which is 80% below its 10-year median of 19.01. GuruFocus rates SHSE:600171 with a GF Score™ of 67/100 and a GF Value™ of ¥29.89 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,023 Semiconductors companies, Shanghai Belling Co ranks better than 57.28% on this metric.

Net margin is calculated as Net Income divided by its Revenue. Shanghai Belling Co's Net Income for the three months ended in Mar. 2026 was ¥22 Mil. Shanghai Belling Co's Revenue for the three months ended in Mar. 2026 was ¥604 Mil. Therefore, Shanghai Belling Co's net margin for the quarter that ended in Mar. 2026 was 3.71%.

The historical rank and industry rank for Shanghai Belling Co's Net Margin % or its related term are showing as below:

SHSE:600171' s Net Margin % Range Over the Past 10 Years
Min: -2.82   Med: 19.01   Max: 39.63
Current: 6.66


SHSE:600171's Net Margin % is ranked better than
57.28% of 1023 companies
in the Semiconductors industry
Industry Median: 4.25 vs SHSE:600171: 6.66

Shanghai Belling Co  (SHSE:600171) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


Shanghai Belling Co Net Margin % Related Terms


Shanghai Belling Co Net Margin % Historical Data

* Premium members only.

The historical data trend for Shanghai Belling Co's Net 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.

Shanghai Belling Co Net Margin % Chart

Shanghai Belling Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 36.03 19.52 -2.82 14.03 7.44

Shanghai Belling Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Net 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 8.19 10.90 8.10 3.33 3.71

SHSE:600171 vs NVDA, AVGO, MU: Net Margin % Comparison

For the Semiconductors subindustry, Shanghai Belling Co's Net Margin %, along with its competitors' market caps and Net 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.


Shanghai Belling Co Net Margin % vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Shanghai Belling Co's Net Margin % distribution charts can be found below:

* The bar in red indicates where Shanghai Belling Co's Net Margin % falls into.


SHSE:600171
67GF Score
Shanghai Belling Co Ltd SHSE:600171
Net Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shanghai Belling Co Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Shanghai Belling Co's Net Margin for the fiscal year that ended in Dec. 2025 is calculated as

Net Margin=Net Income (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=236.227/3173.723
=7.44 %

Shanghai Belling Co's Net Margin for the quarter that ended in Mar. 2026 is calculated as

Net Margin=Net Income (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=22.418/604.498
=3.71 %

* 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.

Frequently Asked Questions Learn more about Net Margin % →
What does a Net Margin % of 3.71% mean?
Shanghai Belling Co (SHSE:600171) has a Net Margin % of 3.71% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on Shanghai Belling Co and its competitors. This is 80% below median its historical median of 19.01. According to the industry distribution chart, Shanghai Belling Co ranks #437 out of 1023 companies in the Semiconductors industry, placing it in the top 42.7%.
Is Shanghai Belling Co's Net Margin % too high?
Shanghai Belling Co's current Net Margin % of 3.71% is 80% below median its 10-year median of 19.01. The Semiconductors industry median Net Margin % is 4.25. Shanghai Belling Co's value of 3.71% is 12.7% below this industry median. Based on the distribution chart, Shanghai Belling Co ranks #437 out of 1023 companies in the Semiconductors industry, which is above the industry midpoint. Overall, Shanghai Belling 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 Shanghai Belling Co's Net Margin % compare to NVDA and AVGO?
According to the Semiconductors industry distribution chart, Shanghai Belling Co ranks #437 out of 1023 companies for Net Margin %. This puts Shanghai Belling Co in the upper half of its industry. The industry median Net Margin % is 4.25. Shanghai Belling Co's value of 3.71% is 12.7% below this benchmark. While the company's 10-year median is 19.01 vs. the industry median of 4.25, Shanghai Belling 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 Net Margin % for a Semiconductors company?
The median Net Margin % among Semiconductors companies is 4.25, based on 1,023 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Shanghai Belling Co's current Net Margin % of 3.71% is 12.7% 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 Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on Shanghai Belling Co and its competitors. For the Semiconductors industry, the median Net Margin % is 4.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shanghai Belling Co's current Net Margin % is 3.71%, which is 80% below median its own 10-year median of 19.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shanghai Belling Co stock overvalued right now?
Based on GuruFocus' analysis, Shanghai Belling Co (SHSE:600171) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥29.89, compared to a current price of ¥23.45 — trading 21.5% below its estimated fair value. The current Net Margin % is 3.71%, which is 80% below median its 10-year median of 19.01 and 12.7% below the Semiconductors industry median of 4.25. Shanghai Belling Co's overall GF Score™ is 67/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For Shanghai Belling Co (SHSE:600171), the current Net Margin % is 3.71% 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.

Is Shanghai Belling Co (SHSE:600171) Overvalued in 2026?

Based on GuruFocus' analysis, Shanghai Belling Co stock appears to be undervalued. The current stock price of ¥23.45 is trading 21.5% below its estimated GF Value™ of ¥29.89. GuruFocus considers Shanghai Belling Co to be Modestly Undervalued.

Key valuation signals for SHSE:600171:

  • Net Margin %: 3.71% (80% below median its 10-year median of 19.01)
  • GF Value™: ¥29.89 vs. price of ¥23.45 (21.5% below fair value)
  • GF Score™: 67/100 with 3 warning signs
  • Industry Position: 12.7% below the Semiconductors median (#437 of 1023)

No single metric tells the full story. See the SHSE:600171 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shanghai Belling Co Business Description

Address No. 810 Yishan Road, Caohejing Development Zone, Shanghai, Shanghai, CHN, 200233
Shanghai Belling Co Ltd operates in the IC industry in the People's Republic of China. Its products include power management, AC/DC converters, electric energy metering circuits, LED drive ICs, interface circuits, ADC circuits, MCU, EEPROM, MOSFET and discrete devices, and smoke detector circuits.
67GF Score

Get the complete analysis for SHSE:600171

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

¥23.45
Price
¥29.89
GF Value