Joinsoon Electronics Manufacturing Co (ROCO:3322) Gross Margin %: 12.86% (As of Dec. 2025) — 24% Below Median


ROCO:3322 Joinsoon Electronics Manufacturing Co Ltd ROCO:3322
52 GF Score
Price NT$13.50
GF Value NT$22.28
Valuation Possible Value Trap
! 6 Warning Signs
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What is Joinsoon Electronics Manufacturing Co Gross Margin %?

Joinsoon Electronics Manufacturing Co ROCO:3322 52 Gross Margin % is 12.86% as of Dec. 2025, which is 24% below its 10-year median of 17.02. GuruFocus rates ROCO:3322 with a GF Score™ of 52/100 and a GF Value™ of NT$22.28 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 2,457 Hardware companies, Joinsoon Electronics Manufacturing Co ranks worse than 76.8% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Joinsoon Electronics Manufacturing Co's Gross Profit for the three months ended in Dec. 2025 was NT$93 Mil. Joinsoon Electronics Manufacturing Co's Revenue for the three months ended in Dec. 2025 was NT$721 Mil. Therefore, Joinsoon Electronics Manufacturing Co's Gross Margin % for the quarter that ended in Dec. 2025 was 12.86%.

Warning Sign:

Joinsoon Electronics Manufacturing Co Ltd gross margin has been in long-term decline. The average rate of decline per year is -6.2%.


The historical rank and industry rank for Joinsoon Electronics Manufacturing Co's Gross Margin % or its related term are showing as below:

ROCO:3322' s Gross Margin % Range Over the Past 10 Years
Min: 13.76   Med: 17.02   Max: 19.68
Current: 13.76


During the past 13 years, the highest Gross Margin % of Joinsoon Electronics Manufacturing Co was 19.68%. The lowest was 13.76%. And the median was 17.02%.

ROCO:3322's Gross Margin % is ranked worse than
76.8% of 2457 companies
in the Hardware industry
Industry Median: 24.54 vs ROCO:3322: 13.76

Joinsoon Electronics Manufacturing Co had a gross margin of 12.86% for the quarter that ended in Dec. 2025 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Joinsoon Electronics Manufacturing Co was -6.20% per year.


Joinsoon Electronics Manufacturing Co  (ROCO:3322) Gross Margin % Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Joinsoon Electronics Manufacturing Co had a gross margin of 12.86% for the quarter that ended in Dec. 2025 => No sustainable competitive advantage


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


Joinsoon Electronics Manufacturing Co Gross Margin % Related Terms


Joinsoon Electronics Manufacturing Co Gross Margin % Historical Data

* Premium members only.

The historical data trend for Joinsoon Electronics Manufacturing Co's Gross 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.

Joinsoon Electronics Manufacturing Co Gross Margin % Chart

Joinsoon Electronics Manufacturing Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 17.40 18.58 19.48 14.75 13.76

Joinsoon Electronics Manufacturing Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
Gross 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 14.70 14.22 13.10 14.82 12.86

ROCO:3322 vs APH, GLW: Gross Margin % Comparison

For the Electronic Components subindustry, Joinsoon Electronics Manufacturing Co's Gross Margin %, along with its competitors' market caps and Gross 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.


Joinsoon Electronics Manufacturing Co Gross Margin % vs Hardware Industry

For the Hardware industry and Technology sector, Joinsoon Electronics Manufacturing Co's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Joinsoon Electronics Manufacturing Co's Gross Margin % falls into.


ROCO:3322
52GF Score
Joinsoon Electronics Manufacturing Co Ltd ROCO:3322
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Joinsoon Electronics Manufacturing Co Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

Joinsoon Electronics Manufacturing Co's Gross Margin for the fiscal year that ended in Dec. 2025 is calculated as

Gross Margin % (A: Dec. 2025 )=Gross Profit (A: Dec. 2025 ) / Revenue (A: Dec. 2025 )
=413.3 / 3004.391
=(Revenue - Cost of Goods Sold) / Revenue
=(3004.391 - 2591.083) / 3004.391
=13.76 %

Joinsoon Electronics Manufacturing Co's Gross Margin for the quarter that ended in Dec. 2025 is calculated as


Gross Margin % (Q: Dec. 2025 )=Gross Profit (Q: Dec. 2025 ) / Revenue (Q: Dec. 2025 )
=92.7 / 720.501
=(Revenue - Cost of Goods Sold) / Revenue
=(720.501 - 627.833) / 720.501
=12.86 %

* 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.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.

Frequently Asked Questions Learn more about Gross Margin % →
What does a Gross Margin % of 12.86% mean?
Joinsoon Electronics Manufacturing Co (ROCO:3322) has a Gross Margin % of 12.86% as of Dec. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on Joinsoon Electronics Manufacturing Co and its competitors. This is 24% below median its historical median of 17.02. Over the past decade, Joinsoon Electronics Manufacturing Co's Gross Margin % has ranged from 13.76 to 19.68. According to the industry distribution chart, Joinsoon Electronics Manufacturing Co ranks #1887 out of 2457 companies in the Hardware industry, placing it in the top 76.8%.
Is Joinsoon Electronics Manufacturing Co's Gross Margin % too high?
Joinsoon Electronics Manufacturing Co's current Gross Margin % of 12.86% is 24% below median its 10-year median of 17.02. Over the past 10 years, this metric has ranged from a low of 13.76 to a high of 19.68. The Hardware industry median Gross Margin % is 24.54. Joinsoon Electronics Manufacturing Co's value of 12.86% is 47.6% below this industry median. Based on the distribution chart, Joinsoon Electronics Manufacturing Co ranks #1887 out of 2457 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Joinsoon Electronics Manufacturing Co has a GF Score™ of 52/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Joinsoon Electronics Manufacturing Co's Gross Margin % compare to APH and GLW?
According to the Hardware industry distribution chart, Joinsoon Electronics Manufacturing Co ranks #1887 out of 2457 companies for Gross Margin %. This places Joinsoon Electronics Manufacturing Co in the lower half of its industry. The industry median Gross Margin % is 24.54. Joinsoon Electronics Manufacturing Co's value of 12.86% is 47.6% below this benchmark. Historically, Joinsoon Electronics Manufacturing Co's own Gross Margin % has ranged from 13.76 to 19.68 over the past decade. While the company's 10-year median is 17.02 vs. the industry median of 24.54, Joinsoon Electronics Manufacturing 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 Gross Margin % for a Hardware company?
The median Gross Margin % among Hardware companies is 24.54, based on 2,457 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Joinsoon Electronics Manufacturing Co's current Gross Margin % of 12.86% is 47.6% 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 Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on Joinsoon Electronics Manufacturing Co and its competitors. For the Hardware industry, the median Gross Margin % is 24.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Joinsoon Electronics Manufacturing Co's current Gross Margin % is 12.86%, which is 24% below median its own 10-year median of 17.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Joinsoon Electronics Manufacturing Co stock overvalued right now?
Based on GuruFocus' analysis, Joinsoon Electronics Manufacturing Co (ROCO:3322) is currently considered Possible Value Trap. The stock's GF Value™ is NT$22.28, compared to a current price of NT$13.50 — trading 39.4% below its estimated fair value. The current Gross Margin % is 12.86%, which is 24% below median its 10-year median of 17.02 and 47.6% below the Hardware industry median of 24.54. Joinsoon Electronics Manufacturing Co's overall GF Score™ is 52/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For Joinsoon Electronics Manufacturing Co (ROCO:3322), the current Gross Margin % is 12.86% as of Dec. 2025. 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 Joinsoon Electronics Manufacturing Co (ROCO:3322) Overvalued in 2026?

Based on GuruFocus' analysis, Joinsoon Electronics Manufacturing Co stock appears to be undervalued. The current stock price of NT$13.50 is trading 39.4% below its estimated GF Value™ of NT$22.28. GuruFocus considers Joinsoon Electronics Manufacturing Co to be Possible Value Trap.

Key valuation signals for ROCO:3322:

  • Gross Margin %: 12.86% (24% below median its 10-year median of 17.02)
  • GF Value™: NT$22.28 vs. price of NT$13.50 (39.4% below fair value)
  • GF Score™: 52/100 with 6 warning signs
  • Industry Position: 47.6% below the Hardware median (#1887 of 2457)

No single metric tells the full story. See the ROCO:3322 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Joinsoon Electronics Manufacturing Co Business Description

Address Sintai 5th Road, 19th Floor Number 79, Section 1, Xizhi District, New Taipei City, TWN, 221
Joinsoon Electronics Manufacturing Co Ltd manufactures and sells computer peripheral equipment and electronic components, The Company has three reporting departments: the connecting components segment, the electronics segment, and the high-speed internet segment. The company generates the majority of its revenue from the connecting components segment. It designs and manufactures signal cables, medical wires, connectors, computer peripheral antennas, and data storage devices.
52GF Score

Get the complete analysis for ROCO:3322

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

NT$13.50
Price
NT$22.28
GF Value