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Shanghai Carthane CoSHSE:603037 +0.59%80 Net Margin % is 9.44% as of Jun. 2026, which is 41% below its 10-year median of 15.89. GuruFocus rates SHSE:603037 with a GF Score™ of 80/100 and a GF Value™ of ¥12.14 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 1,328 Vehicles & Parts companies, Shanghai Carthane Co ranks better than 77.86% on this metric.
Shanghai Carthane Co (SHSE:603037) 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 Carthane Co Net Margin % Related Terms
Shanghai Carthane Co Net Margin % Historical Data
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The historical data trend for Shanghai Carthane 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.
For the Auto Parts subindustry, Shanghai Carthane 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 Carthane Co Net Margin % vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Shanghai Carthane Co's Net Margin % distribution charts can be found below:
* The bar in red indicates where Shanghai Carthane Co's Net Margin % falls into.
* 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 Carthane Co (SHSE:603037) has a Net Margin % of 9.44% as of Jun. 2026. Net margin is the ratio of total net income to net sales. View historical data on Shanghai Carthane Co and its competitors. This is 41% below median its historical median of 15.89. Over the past decade, Shanghai Carthane Co's Net Margin % has ranged from 7.71 to 27.24. According to the industry distribution chart, Shanghai Carthane Co ranks #294 out of 1328 companies in the Vehicles & Parts industry, placing it in the top 22.1%.
Is Shanghai Carthane Co's Net Margin % too high?
Shanghai Carthane Co's current Net Margin % of 9.44% is 41% below median its 10-year median of 15.89. Over the past 10 years, this metric has ranged from a low of 7.71 to a high of 27.24. The Vehicles & Parts industry median Net Margin % is 3.36. Shanghai Carthane Co's value of 9.44% is 181.4% above this industry median. Based on the distribution chart, Shanghai Carthane Co ranks #294 out of 1328 companies in the Vehicles & Parts industry, which is in the top quartile — a strong position relative to peers. Overall, Shanghai Carthane Co has a GF Score™ of 80/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Shanghai Carthane Co's Net Margin % compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Shanghai Carthane Co ranks #294 out of 1328 companies for Net Margin %. This places Shanghai Carthane Co in the top 22% of its industry — outperforming the majority of peers. The industry median Net Margin % is 3.36. Shanghai Carthane Co's value of 9.44% is 181.4% above this benchmark. Historically, Shanghai Carthane Co's own Net Margin % has ranged from 7.71 to 27.24 over the past decade. While the company's 10-year median is 15.89 vs. the industry median of 3.36, Shanghai Carthane 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 Vehicles & Parts company?
The median Net Margin % among Vehicles & Parts companies is 3.36, based on 1,328 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 Carthane Co's current Net Margin % of 9.44% is 181.4% 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 Shanghai Carthane Co and its competitors. For the Vehicles & Parts industry, the median Net Margin % is 3.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shanghai Carthane Co's current Net Margin % is 9.44%, which is 41% below median its own 10-year median of 15.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shanghai Carthane Co stock overvalued right now?
Based on GuruFocus' analysis, Shanghai Carthane Co (SHSE:603037) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥12.14, compared to a current price of ¥10.29 — trading 15.2% below its estimated fair value. The current Net Margin % is 9.44%, which is 41% below median its 10-year median of 15.89 and 181.4% above the Vehicles & Parts industry median of 3.36. Shanghai Carthane Co's overall GF Score™ is 80/100 with 6 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 Carthane Co (SHSE:603037), the current Net Margin % is 9.44% 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 Shanghai Carthane Co (SHSE:603037) Overvalued in 2026?
Based on GuruFocus' analysis, Shanghai Carthane Co stock appears to be undervalued.
The current stock price of ¥10.29 is trading 15.2% below its estimated GF Value™ of ¥12.14.
GuruFocus considers Shanghai Carthane Co to be Modestly Undervalued.
Key valuation signals for SHSE:603037:
Net Margin %: 9.44% (41% below median its 10-year median of 15.89)
GF Value™: ¥12.14 vs. price of ¥10.29 (15.2% below fair value)
Industry Position: 181.4% above the Vehicles & Parts median (#294 of 1328)
No single metric tells the full story. See the SHSE:603037 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shanghai Carthane Co Ltd designs, produces and sells car parts, accessories, polyurethane elastomer and other polyurethane products. It engages in the sales of suspension damping internal components, pedal assemblies and plastic core-rubber-tires. Suspension damping internal components include buffers, spring cushion s, damping support blocks, and dust covers. Pedal assemblies mainly include plastic pedal assemblies. Plastic core-rubber-tires include automobile assembly lines and polyurethane tires applied in electric fork-lift trucks.
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