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.
The historical rank and industry rank for WPG (Shanghai) Smart Water PCL's Net Margin % or its related term are showing as below:
SHSE:603956'
s Net Margin % Range Over the Past 10 Years
Min: -17.09 Med: 14.75 Max: 20.28
Current: -13.19
SHSE:603956's Net Margin % is ranked worse than 86.89% of 3036
companies
in the Industrial Products industry
Industry Median: 4.53
vs SHSE:603956: -13.19
WPG (Shanghai) Smart Water PCL (SHSE:603956) 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.
WPG (Shanghai) Smart Water PCL Net Margin % Related Terms
WPG (Shanghai) Smart Water PCL 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:603956 vs GEV, ETN, PH: Net Margin % Comparison
For the Specialty Industrial Machinery subindustry, WPG (Shanghai) Smart Water PCL'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.
WPG (Shanghai) Smart Water PCL Net Margin % vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, WPG (Shanghai) Smart Water PCL's Net Margin % distribution charts can be found below:
* The bar in red indicates where WPG (Shanghai) Smart Water PCL'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.
WPG (Shanghai) Smart Water PCL (SHSE:603956) has a Net Margin % of -131.01% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on WPG (Shanghai) Smart Water PCL and its competitors. According to the industry distribution chart, WPG (Shanghai) Smart Water PCL ranks #2638 out of 3036 companies in the Industrial Products industry, placing it in the top 86.9%.
Is WPG (Shanghai) Smart Water PCL's Net Margin % too high?
WPG (Shanghai) Smart Water PCL's current Net Margin % is -131.01%. Based on the distribution chart, WPG (Shanghai) Smart Water PCL ranks #2638 out of 3036 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, WPG (Shanghai) Smart Water PCL has a GF Score™ of 72/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does WPG (Shanghai) Smart Water PCL's Net Margin % compare to GEV and ETN?
According to the Industrial Products industry distribution chart, WPG (Shanghai) Smart Water PCL ranks #2638 out of 3036 companies for Net Margin %. This places WPG (Shanghai) Smart Water PCL in the lower half of its industry. The industry median Net Margin % is 4.53. 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 4.53, 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. 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 WPG (Shanghai) Smart Water PCL and its competitors. For the Industrial Products industry, the median Net Margin % is 4.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. WPG (Shanghai) Smart Water PCL's current Net Margin % is -131.01%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is WPG (Shanghai) Smart Water PCL stock overvalued right now?
Based on GuruFocus' analysis, WPG (Shanghai) Smart Water PCL (SHSE:603956) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥5.69, compared to a current price of ¥7.01 — trading 23.2% above its estimated fair value. The current Net Margin % is -131.01%. WPG (Shanghai) Smart Water PCL's overall GF Score™ is 72/100 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 WPG (Shanghai) Smart Water PCL (SHSE:603956), the current Net Margin % is -131.01% 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 WPG (Shanghai) Smart Water PCL (SHSE:603956) Overvalued in 2026?
Based on GuruFocus' analysis, WPG (Shanghai) Smart Water PCL stock appears to be overvalued.
The current stock price of ¥7.01 is trading 23.2% above its estimated GF Value™ of ¥5.69.
GuruFocus considers WPG (Shanghai) Smart Water PCL to be Modestly Overvalued.
Key valuation signals for SHSE:603956:
Net Margin %: -131.01%
GF Value™: ¥5.69 vs. price of ¥7.01 (23.2% above fair value)
No single metric tells the full story. See the SHSE:603956 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
WPG (Shanghai) Smart Water PCL is a smart water solutions provider, is a professional technology service company dedicated to solving various problems arising in water supply for customers. Its core business includes the development, production, sales and service of secondary water supply Zhilian equipment with the concept of industrial Internet, the deployment, commissioning and maintenance of the intelligent water supply management platform system, providing safe, energy-saving and efficient operation for secondary water supply.
72GF Score
Get the complete analysis for SHSE:603956
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:603956 has been successfully added to your 
