Jiangsu King's Luck Brewery Joint-Stock Co (SHSE:603369) Net Margin %: 32.04% (As of Mar. 2026) — Near Median

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SHSE:603369 Jiangsu King's Luck Brewery Joint-Stock Co Ltd SHSE:603369
94 GF Score
Price ¥27.62
GF Value ¥39.82
Valuation Significantly Undervalued
! 4 Warning Signs
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What is Jiangsu King's Luck Brewery Joint-Stock Co Net Margin %?

Jiangsu King's Luck Brewery Joint-Stock Co SHSE:603369 +2.18% 94 Net Margin % is 32.04% as of Mar. 2026, which is 5% above its 10-year median of 30.44. GuruFocus rates SHSE:603369 with a GF Score™ of 94/100 and a GF Value™ of ¥39.82 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 209 Beverages - Alcoholic companies, Jiangsu King's Luck Brewery Joint-Stock Co ranks better than 93.78% on this metric.

Net margin is calculated as Net Income divided by its Revenue. Jiangsu King's Luck Brewery Joint-Stock Co's Net Income for the three months ended in Mar. 2026 was ¥1,385 Mil. Jiangsu King's Luck Brewery Joint-Stock Co's Revenue for the three months ended in Mar. 2026 was ¥4,323 Mil. Therefore, Jiangsu King's Luck Brewery Joint-Stock Co's net margin for the quarter that ended in Mar. 2026 was 32.04%.

The historical rank and industry rank for Jiangsu King's Luck Brewery Joint-Stock Co's Net Margin % or its related term are showing as below:

SHSE:603369' s Net Margin % Range Over the Past 10 Years
Min: 24.93   Med: 30.44   Max: 31.73
Current: 24.93


SHSE:603369's Net Margin % is ranked better than
93.78% of 209 companies
in the Beverages - Alcoholic industry
Industry Median: 5.09 vs SHSE:603369: 24.93

Jiangsu King's Luck Brewery Joint-Stock Co  (SHSE:603369) 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.


Jiangsu King's Luck Brewery Joint-Stock Co Net Margin % Related Terms


Jiangsu King's Luck Brewery Joint-Stock Co Net Margin % Historical Data

* Premium members only.

The historical data trend for Jiangsu King's Luck Brewery Joint-Stock 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.

Jiangsu King's Luck Brewery Joint-Stock Co Net Margin % Chart

Jiangsu King's Luck Brewery Joint-Stock 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 31.66 31.73 31.05 29.55 25.57

Jiangsu King's Luck Brewery Joint-Stock 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 32.24 31.57 16.59 4.20 32.04

SHSE:603369 vs BF.B: Net Margin % Comparison

For the Beverages - Wineries & Distilleries subindustry, Jiangsu King's Luck Brewery Joint-Stock 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.


Jiangsu King's Luck Brewery Joint-Stock Co Net Margin % vs Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Jiangsu King's Luck Brewery Joint-Stock Co's Net Margin % distribution charts can be found below:

* The bar in red indicates where Jiangsu King's Luck Brewery Joint-Stock Co's Net Margin % falls into.


SHSE:603369
94GF Score
Jiangsu King's Luck Brewery Joint-Stock Co Ltd SHSE:603369
Net Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Jiangsu King's Luck Brewery Joint-Stock 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.

Jiangsu King's Luck Brewery Joint-Stock 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 )
=2603.691/10182.116
=25.57 %

Jiangsu King's Luck Brewery Joint-Stock 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 )
=1384.929/4322.642
=32.04 %

* 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 32.04% mean?
Jiangsu King's Luck Brewery Joint-Stock Co (SHSE:603369) has a Net Margin % of 32.04% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on Jiangsu King's Luck Brewery Joint-Stock Co and its competitors. This is near median its historical median of 30.44. Over the past decade, Jiangsu King's Luck Brewery Joint-Stock Co's Net Margin % has ranged from 24.93 to 31.73. According to the industry distribution chart, Jiangsu King's Luck Brewery Joint-Stock Co ranks #13 out of 209 companies in the Beverages - Alcoholic industry, placing it in the top 6.2%.
Is Jiangsu King's Luck Brewery Joint-Stock Co's Net Margin % too high?
Jiangsu King's Luck Brewery Joint-Stock Co's current Net Margin % of 32.04% is near median its 10-year median of 30.44. Over the past 10 years, this metric has ranged from a low of 24.93 to a high of 31.73. The Beverages - Alcoholic industry median Net Margin % is 5.09. Jiangsu King's Luck Brewery Joint-Stock Co's value of 32.04% is 529.5% above this industry median. Based on the distribution chart, Jiangsu King's Luck Brewery Joint-Stock Co ranks #13 out of 209 companies in the Beverages - Alcoholic industry, which is in the top quartile — a strong position relative to peers. Overall, Jiangsu King's Luck Brewery Joint-Stock Co has a GF Score™ of 94/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Jiangsu King's Luck Brewery Joint-Stock Co's Net Margin % compare to BF.B?
According to the Beverages - Alcoholic industry distribution chart, Jiangsu King's Luck Brewery Joint-Stock Co ranks #13 out of 209 companies for Net Margin %. This places Jiangsu King's Luck Brewery Joint-Stock Co in the top 6% of its industry — outperforming the majority of peers. The industry median Net Margin % is 5.09. Jiangsu King's Luck Brewery Joint-Stock Co's value of 32.04% is 529.5% above this benchmark. Historically, Jiangsu King's Luck Brewery Joint-Stock Co's own Net Margin % has ranged from 24.93 to 31.73 over the past decade. While the company's 10-year median is 30.44 vs. the industry median of 5.09, Jiangsu King's Luck Brewery Joint-Stock 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 5.09, based on 209 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. Jiangsu King's Luck Brewery Joint-Stock Co's current Net Margin % of 32.04% is 529.5% 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 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 Jiangsu King's Luck Brewery Joint-Stock Co and its competitors. For the Beverages - Alcoholic industry, the median Net Margin % is 5.09 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Jiangsu King's Luck Brewery Joint-Stock Co's current Net Margin % is 32.04%, which is near median its own 10-year median of 30.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jiangsu King's Luck Brewery Joint-Stock Co stock overvalued right now?
Based on GuruFocus' analysis, Jiangsu King's Luck Brewery Joint-Stock Co (SHSE:603369) is currently considered Significantly Undervalued. The stock's GF Value™ is ¥39.82, compared to a current price of ¥27.62 — trading 30.6% below its estimated fair value. The current Net Margin % is 32.04%, which is near median its 10-year median of 30.44 and 529.5% above the Beverages - Alcoholic industry median of 5.09. Jiangsu King's Luck Brewery Joint-Stock Co's overall GF Score™ is 94/100 with 4 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 Jiangsu King's Luck Brewery Joint-Stock Co (SHSE:603369), the current Net Margin % is 32.04% 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 Jiangsu King's Luck Brewery Joint-Stock Co (SHSE:603369) Overvalued in 2026?

Based on GuruFocus' analysis, Jiangsu King's Luck Brewery Joint-Stock Co stock appears to be undervalued. The current stock price of ¥27.62 is trading 30.6% below its estimated GF Value™ of ¥39.82. GuruFocus considers Jiangsu King's Luck Brewery Joint-Stock Co to be Significantly Undervalued.

Key valuation signals for SHSE:603369:

  • Net Margin %: 32.04% (near median its 10-year median of 30.44)
  • GF Value™: ¥39.82 vs. price of ¥27.62 (30.6% below fair value)
  • GF Score™: 94/100 with 4 warning signs
  • Industry Position: 529.5% above the Beverages - Alcoholic median (#13 of 209)

No single metric tells the full story. See the SHSE:603369 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Jiangsu King's Luck Brewery Joint-Stock Co Business Description

Address No. 1, Jinshiyuan Avenue, Gaogou Town, Lianshui County, Jiangsu Province, Huaian, CHN, 223411
Jiangsu King's Luck Brewery Joint-Stock Co Ltd is a China-based company engaged in the manufacturing and distribution of liquor. The company markets its products under the Guoyuan, Jinshiyuan, and Gaogou brands. It also offers pre-packaged food. The company conducts its business mainly within Jiangsu province.
94GF Score

Get the complete analysis for SHSE:603369

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

¥27.62
Price
¥39.82
GF Value