Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
SHSE:603580'
s Net Margin % Range Over the Past 10 Years
Min: -5.28 Med: 14.62 Max: 20.8
Current: 10.72
SHSE:603580's Net Margin % is ranked better than 77.9% of 3036
companies
in the Industrial Products industry
Industry Median: 4.505
vs SHSE:603580: 10.72
AA Industrial Belting (Shanghai) Co (SHSE:603580) 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.
AA Industrial Belting (Shanghai) Co Net Margin % Related Terms
AA Industrial Belting (Shanghai) 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.
AA Industrial Belting (Shanghai) Co Net Margin % Chart
SHSE:603580 vs GEV, ETN, PH: Net Margin % Comparison
For the Specialty Industrial Machinery subindustry, AA Industrial Belting (Shanghai) 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.
AA Industrial Belting (Shanghai) Co Net Margin % vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, AA Industrial Belting (Shanghai) Co's Net Margin % distribution charts can be found below:
* The bar in red indicates where AA Industrial Belting (Shanghai) 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.
AA Industrial Belting (Shanghai) Co (SHSE:603580) has a Net Margin % of 2.72% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on AA Industrial Belting (Shanghai) Co and its competitors. This is 81% below median its historical median of 14.62. According to the industry distribution chart, AA Industrial Belting (Shanghai) Co ranks #671 out of 3036 companies in the Industrial Products industry, placing it in the top 22.1%.
Is AA Industrial Belting (Shanghai) Co's Net Margin % too high?
AA Industrial Belting (Shanghai) Co's current Net Margin % of 2.72% is 81% below median its 10-year median of 14.62. The Industrial Products industry median Net Margin % is 4.51. AA Industrial Belting (Shanghai) Co's value of 2.72% is 39.6% below this industry median. Based on the distribution chart, AA Industrial Belting (Shanghai) Co ranks #671 out of 3036 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, AA Industrial Belting (Shanghai) Co has a GF Score™ of 62/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does AA Industrial Belting (Shanghai) Co's Net Margin % compare to GEV and ETN?
According to the Industrial Products industry distribution chart, AA Industrial Belting (Shanghai) Co ranks #671 out of 3036 companies for Net Margin %. This places AA Industrial Belting (Shanghai) Co in the top 22% of its industry — outperforming the majority of peers. The industry median Net Margin % is 4.51. AA Industrial Belting (Shanghai) Co's value of 2.72% is 39.6% below this benchmark. While the company's 10-year median is 14.62 vs. the industry median of 4.51, AA Industrial Belting (Shanghai) 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 an Industrial Products company?
The median Net Margin % among Industrial Products companies is 4.51, based on 3,036 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. AA Industrial Belting (Shanghai) Co's current Net Margin % of 2.72% is 39.6% 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 AA Industrial Belting (Shanghai) Co and its competitors. For the Industrial Products industry, the median Net Margin % is 4.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. AA Industrial Belting (Shanghai) Co's current Net Margin % is 2.72%, which is 81% below median its own 10-year median of 14.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AA Industrial Belting (Shanghai) Co stock overvalued right now?
Based on GuruFocus' analysis, AA Industrial Belting (Shanghai) Co (SHSE:603580) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥35.63, compared to a current price of ¥61.63 — trading 73% above its estimated fair value. The current Net Margin % is 2.72%, which is 81% below median its 10-year median of 14.62 and 39.6% below the Industrial Products industry median of 4.51. AA Industrial Belting (Shanghai) Co's overall GF Score™ is 62/100 with 9 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 AA Industrial Belting (Shanghai) Co (SHSE:603580), the current Net Margin % is 2.72% 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 AA Industrial Belting (Shanghai) Co (SHSE:603580) Overvalued in 2026?
Based on GuruFocus' analysis, AA Industrial Belting (Shanghai) Co stock appears to be overvalued.
The current stock price of ¥61.63 is trading 73% above its estimated GF Value™ of ¥35.63.
GuruFocus considers AA Industrial Belting (Shanghai) Co to be Significantly Overvalued.
Key valuation signals for SHSE:603580:
Net Margin %: 2.72% (81% below median its 10-year median of 14.62)
GF Value™: ¥35.63 vs. price of ¥61.63 (73% above fair value)
Industry Position: 39.6% below the Industrial Products median (#671 of 3036)
No single metric tells the full story. See the SHSE:603580 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
AA Industrial Belting (Shanghai) Co Business Description
AA Industrial Belting (Shanghai) Co Ltd is specialized in the research and development of light conveyor belts. Its main products include thermoplastic urethane (TPU) conveyor belts, thermoplastic polyester elastomeric (TPEE) conveyor belts, polyvinyl chloride (PVC) conveyor belts, polyethylene (PE) conveyor belts and seamless conveyor belts. Its product is widely used in food processing, airport logistics, textile printing, automotive and steel processing, tyre, tobacco, and aluminum industry.
62GF Score
Get the complete analysis for SHSE:603580
Net Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
SHSE:603580 has been successfully added to your 
