Shede Spirits Co (SHSE:600702) Net Margin %: 15.63% (As of Mar. 2026) — 10% Below Median


SHSE:600702 Shede Spirits Co Ltd SHSE:600702
78 GF Score
Price ¥35.96
GF Value ¥50.37
Valuation Modestly Undervalued
! 10 Warning Signs
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What is Shede Spirits Co Net Margin %?

Shede Spirits Co SHSE:600702 +2.42% 78 Net Margin % is 15.63% as of Mar. 2026, which is 10% below its 10-year median of 17.31. GuruFocus rates SHSE:600702 with a GF Score™ of 78/100 and a GF Value™ of ¥50.37 (Modestly Undervalued). The stock has 10 warning signs investors should review. Among 211 Beverages - Alcoholic companies, Shede Spirits Co ranks worse than 59.72% on this metric.

Net margin is calculated as Net Income divided by its Revenue. Shede Spirits Co's Net Income for the three months ended in Mar. 2026 was ¥232 Mil. Shede Spirits Co's Revenue for the three months ended in Mar. 2026 was ¥1,481 Mil. Therefore, Shede Spirits Co's net margin for the quarter that ended in Mar. 2026 was 15.63%.

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

SHSE:600702' s Net Margin % Range Over the Past 10 Years
Min: 2.51   Med: 17.31   Max: 27.83
Current: 2.51


SHSE:600702's Net Margin % is ranked worse than
59.72% of 211 companies
in the Beverages - Alcoholic industry
Industry Median: 4.65 vs SHSE:600702: 2.51

Shede Spirits Co  (SHSE:600702) 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.


Shede Spirits Co Net Margin % Related Terms


Shede Spirits Co Net Margin % Historical Data

* Premium members only.

The historical data trend for Shede Spirits 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.

Shede Spirits Co Net Margin % Chart

Shede Spirits 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 25.07 27.83 24.97 6.45 5.05

Shede Spirits 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 21.96 8.64 2.87 -34.70 15.63

SHSE:600702 vs BF.B: Net Margin % Comparison

For the Beverages - Wineries & Distilleries subindustry, Shede Spirits 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.


Shede Spirits Co Net Margin % vs Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Shede Spirits Co's Net Margin % distribution charts can be found below:

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


SHSE:600702
78GF Score
Shede Spirits Co Ltd SHSE:600702
Net Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Shede Spirits 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.

Shede Spirits 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 )
=223.007/4419.219
=5.05 %

Shede Spirits 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 )
=231.548/1481.337
=15.63 %

* 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 15.63% mean?
Shede Spirits Co (SHSE:600702) has a Net Margin % of 15.63% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on Shede Spirits Co and its competitors. This is 10% below median its historical median of 17.31. Over the past decade, Shede Spirits Co's Net Margin % has ranged from 2.51 to 27.83. According to the industry distribution chart, Shede Spirits Co ranks #126 out of 211 companies in the Beverages - Alcoholic industry, placing it in the top 59.7%.
Is Shede Spirits Co's Net Margin % too high?
Shede Spirits Co's current Net Margin % of 15.63% is 10% below median its 10-year median of 17.31. Over the past 10 years, this metric has ranged from a low of 2.51 to a high of 27.83. The Beverages - Alcoholic industry median Net Margin % is 4.65. Shede Spirits Co's value of 15.63% is 236.1% above this industry median. Based on the distribution chart, Shede Spirits Co ranks #126 out of 211 companies in the Beverages - Alcoholic industry, which is below the industry midpoint. Overall, Shede Spirits Co has a GF Score™ of 78/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Shede Spirits Co's Net Margin % compare to BF.B?
According to the Beverages - Alcoholic industry distribution chart, Shede Spirits Co ranks #126 out of 211 companies for Net Margin %. This places Shede Spirits Co in the lower half of its industry. The industry median Net Margin % is 4.65. Shede Spirits Co's value of 15.63% is 236.1% above this benchmark. Historically, Shede Spirits Co's own Net Margin % has ranged from 2.51 to 27.83 over the past decade. While the company's 10-year median is 17.31 vs. the industry median of 4.65, Shede Spirits 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 Net Margin % for a Beverages - Alcoholic company?
The median Net Margin % among Beverages - Alcoholic companies is 4.65, based on 211 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. Shede Spirits Co's current Net Margin % of 15.63% is 236.1% 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 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 Shede Spirits Co and its competitors. For the Beverages - Alcoholic industry, the median Net Margin % is 4.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shede Spirits Co's current Net Margin % is 15.63%, which is 10% below median its own 10-year median of 17.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shede Spirits Co stock overvalued right now?
Based on GuruFocus' analysis, Shede Spirits Co (SHSE:600702) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥50.37, compared to a current price of ¥35.96 — trading 28.6% below its estimated fair value. The current Net Margin % is 15.63%, which is 10% below median its 10-year median of 17.31 and 236.1% above the Beverages - Alcoholic industry median of 4.65. Shede Spirits Co's overall GF Score™ is 78/100 with 10 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 Shede Spirits Co (SHSE:600702), the current Net Margin % is 15.63% 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 Shede Spirits Co (SHSE:600702) Overvalued in 2026?

Based on GuruFocus' analysis, Shede Spirits Co stock appears to be undervalued. The current stock price of ¥35.96 is trading 28.6% below its estimated GF Value™ of ¥50.37. GuruFocus considers Shede Spirits Co to be Modestly Undervalued.

Key valuation signals for SHSE:600702:

  • Net Margin %: 15.63% (10% below median its 10-year median of 17.31)
  • GF Value™: ¥50.37 vs. price of ¥35.96 (28.6% below fair value)
  • GF Score™: 78/100 with 10 warning signs
  • Industry Position: 236.1% above the Beverages - Alcoholic median (#126 of 211)

No single metric tells the full story. See the SHSE:600702 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shede Spirits Co Business Description

Address No. 999, Tuopai Avenue, Tuopai Town, Sichuan Province, Shehong, CHN, 629209
Shede Spirits Co Ltd manufactures liquor products. The company produces high-end liquor, low-end liquor, mid-end liquor, and other products. Shede Spirits markets its products throughout China.
78GF Score

Get the complete analysis for SHSE:600702

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

¥35.96
Price
¥50.37
GF Value