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Zhejiang Meilun Elevator CoSHSE:603321 -2.07%58 Net Margin % is 5.49% as of Mar. 2026, which is 21% below its 10-year median of 6.92. GuruFocus rates SHSE:603321 with a GF Score™ of 58/100 and a GF Value™ of ¥5.24 (Fairly Valued). The stock has 7 warning signs investors should review. Among 3,032 Industrial Products companies, Zhejiang Meilun Elevator Co ranks better than 53.73% on this metric.
The historical rank and industry rank for Zhejiang Meilun Elevator Co's Net Margin % or its related term are showing as below:
SHSE:603321'
s Net Margin % Range Over the Past 10 Years
Min: 4.14 Med: 6.92 Max: 16.56
Current: 5.17
SHSE:603321's Net Margin % is ranked better than 53.73% of 3032
companies
in the Industrial Products industry
Industry Median: 4.5
vs SHSE:603321: 5.17
Zhejiang Meilun Elevator Co (SHSE:603321) 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.
Zhejiang Meilun Elevator Co Net Margin % Related Terms
Zhejiang Meilun Elevator Co Net Margin % Historical Data
* 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.
SHSE:603321 vs GEV, ETN, PH: Net Margin % Comparison
For the Specialty Industrial Machinery subindustry, Zhejiang Meilun Elevator 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.
Zhejiang Meilun Elevator Co Net Margin % vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Zhejiang Meilun Elevator Co's Net Margin % distribution charts can be found below:
* The bar in red indicates where Zhejiang Meilun Elevator 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.
Zhejiang Meilun Elevator Co (SHSE:603321) has a Net Margin % of 5.49% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on Zhejiang Meilun Elevator Co and its competitors. This is 21% below median its historical median of 6.92. Over the past decade, Zhejiang Meilun Elevator Co's Net Margin % has ranged from 4.14 to 16.56. According to the industry distribution chart, Zhejiang Meilun Elevator Co ranks #1403 out of 3032 companies in the Industrial Products industry, placing it in the top 46.3%.
Is Zhejiang Meilun Elevator Co's Net Margin % too high?
Zhejiang Meilun Elevator Co's current Net Margin % of 5.49% is 21% below median its 10-year median of 6.92. Over the past 10 years, this metric has ranged from a low of 4.14 to a high of 16.56. The Industrial Products industry median Net Margin % is 4.50. Zhejiang Meilun Elevator Co's value of 5.49% is 22% above this industry median. Based on the distribution chart, Zhejiang Meilun Elevator Co ranks #1403 out of 3032 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Zhejiang Meilun Elevator Co has a GF Score™ of 58/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Zhejiang Meilun Elevator Co's Net Margin % compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Zhejiang Meilun Elevator Co ranks #1403 out of 3032 companies for Net Margin %. This puts Zhejiang Meilun Elevator Co in the upper half of its industry. The industry median Net Margin % is 4.50. Zhejiang Meilun Elevator Co's value of 5.49% is 22% above this benchmark. Historically, Zhejiang Meilun Elevator Co's own Net Margin % has ranged from 4.14 to 16.56 over the past decade. While the company's 10-year median is 6.92 vs. the industry median of 4.50, Zhejiang Meilun Elevator 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 an Industrial Products company?
The median Net Margin % among Industrial Products companies is 4.50, based on 3,032 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. Zhejiang Meilun Elevator Co's current Net Margin % of 5.49% is 22% 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 Zhejiang Meilun Elevator Co and its competitors. For the Industrial Products industry, the median Net Margin % is 4.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zhejiang Meilun Elevator Co's current Net Margin % is 5.49%, which is 21% below median its own 10-year median of 6.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhejiang Meilun Elevator Co stock overvalued right now?
Based on GuruFocus' analysis, Zhejiang Meilun Elevator Co (SHSE:603321) is currently considered Fairly Valued. The stock's GF Value™ is ¥5.24, compared to a current price of ¥5.69 — trading 8.6% above its estimated fair value. The current Net Margin % is 5.49%, which is 21% below median its 10-year median of 6.92 and 22% above the Industrial Products industry median of 4.50. Zhejiang Meilun Elevator Co's overall GF Score™ is 58/100 with 7 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 Zhejiang Meilun Elevator Co (SHSE:603321), the current Net Margin % is 5.49% 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 Zhejiang Meilun Elevator Co (SHSE:603321) Overvalued in 2026?
Based on GuruFocus' analysis, Zhejiang Meilun Elevator Co stock appears to be overvalued.
The current stock price of ¥5.69 is trading 8.6% above its estimated GF Value™ of ¥5.24.
GuruFocus considers Zhejiang Meilun Elevator Co to be Fairly Valued.
Key valuation signals for SHSE:603321:
Net Margin %: 5.49% (21% below median its 10-year median of 6.92)
GF Value™: ¥5.24 vs. price of ¥5.69 (8.6% above fair value)
Industry Position: 22% above the Industrial Products median (#1403 of 3032)
No single metric tells the full story. See the SHSE:603321 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Zhejiang Meilun Elevator Co Ltd operates in the elevator industrial field. The company is mainly engaged in the production and sales of passenger elevators, escalators, moving walkways, and accessory parts, installation and maintenance of the whole product. The main products include passenger elevators, freight elevators, medical ladders, sightseeing ladders, escalators, automatic sidewalks, three-dimensional garages, and accessories. The products are widely used in residential areas, shopping malls, hotels, and public facilities.
58GF Score
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Net Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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