Shuang-Bang Industrial (ROCO:6506) Gross Margin %: 20.34% (As of Jun. 2026) — 38% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

ROCO:6506 Shuang-Bang Industrial Corp ROCO:6506
74 GF Score
Price NT$17.80
GF Value NT$18.62
Valuation Fairly Valued
! 4 Warning Signs
View Full Analysis

What is Shuang-Bang Industrial Gross Margin %?

Shuang-Bang Industrial ROCO:6506 +0.56% 74 Gross Margin % is 20.34% as of Jun. 2026, which is 38% above its 10-year median of 14.69. GuruFocus rates ROCO:6506 with a GF Score™ of 74/100 and a GF Value™ of NT$18.62 (Fairly Valued). The stock has 4 warning signs investors should review. Among 1,567 Chemicals companies, Shuang-Bang Industrial ranks worse than 66.11% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Shuang-Bang Industrial's Gross Profit for the three months ended in Jun. 2026 was NT$111 Mil. Shuang-Bang Industrial's Revenue for the three months ended in Jun. 2026 was NT$546 Mil. Therefore, Shuang-Bang Industrial's Gross Margin % for the quarter that ended in Jun. 2026 was 20.34%.


The historical rank and industry rank for Shuang-Bang Industrial's Gross Margin % or its related term are showing as below:

ROCO:6506' s Gross Margin % Range Over the Past 10 Years
Min: 7.79   Med: 14.69   Max: 19.49
Current: 18.13


During the past 13 years, the highest Gross Margin % of Shuang-Bang Industrial was 19.49%. The lowest was 7.79%. And the median was 14.69%.

ROCO:6506's Gross Margin % is ranked worse than
66.11% of 1567 companies
in the Chemicals industry
Industry Median: 24.03 vs ROCO:6506: 18.13

Shuang-Bang Industrial had a gross margin of 20.34% for the quarter that ended in Jun. 2026 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Shuang-Bang Industrial was -0.20% per year.


Shuang-Bang Industrial  (ROCO:6506) 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

Shuang-Bang Industrial had a gross margin of 20.34% for the quarter that ended in Jun. 2026 => Competition eroding margins


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.


Shuang-Bang Industrial Gross Margin % Related Terms


Shuang-Bang Industrial Gross Margin % Historical Data

* Premium members only.

The historical data trend for Shuang-Bang Industrial'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.

Shuang-Bang Industrial Gross Margin % Chart

Shuang-Bang Industrial 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 13.77 14.06 7.79 13.66 16.01

Shuang-Bang Industrial Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 15.36 14.99 15.47 20.44 20.34

ROCO:6506 vs LIN, SHW, ECL: Gross Margin % Comparison

For the Specialty Chemicals subindustry, Shuang-Bang Industrial'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.


Shuang-Bang Industrial Gross Margin % vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Shuang-Bang Industrial's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Shuang-Bang Industrial's Gross Margin % falls into.


ROCO:6506
74GF Score
Shuang-Bang Industrial Corp ROCO:6506
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shuang-Bang Industrial Gross Margin % Calculation

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

Shuang-Bang Industrial'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 )
=300.3 / 1875.443
=(Revenue - Cost of Goods Sold) / Revenue
=(1875.443 - 1575.17) / 1875.443
=16.01 %

Shuang-Bang Industrial's Gross Margin for the quarter that ended in Jun. 2026 is calculated as


Gross Margin % (Q: Jun. 2026 )=Gross Profit (Q: Jun. 2026 ) / Revenue (Q: Jun. 2026 )
=111 / 545.692
=(Revenue - Cost of Goods Sold) / Revenue
=(545.692 - 434.719) / 545.692
=20.34 %

* 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 20.34% mean?
Shuang-Bang Industrial (ROCO:6506) has a Gross Margin % of 20.34% as of Jun. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Shuang-Bang Industrial and its competitors. This is 38% above median its historical median of 14.69. Over the past decade, Shuang-Bang Industrial's Gross Margin % has ranged from 7.79 to 19.49. According to the industry distribution chart, Shuang-Bang Industrial ranks #1036 out of 1567 companies in the Chemicals industry, placing it in the top 66.1%.
Is Shuang-Bang Industrial's Gross Margin % too high?
Shuang-Bang Industrial's current Gross Margin % of 20.34% is 38% above median its 10-year median of 14.69. Over the past 10 years, this metric has ranged from a low of 7.79 to a high of 19.49. The Chemicals industry median Gross Margin % is 24.03. Shuang-Bang Industrial's value of 20.34% is 15.4% below this industry median. Based on the distribution chart, Shuang-Bang Industrial ranks #1036 out of 1567 companies in the Chemicals industry, which is below the industry midpoint. Overall, Shuang-Bang Industrial has a GF Score™ of 74/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Shuang-Bang Industrial's Gross Margin % compare to LIN and SHW?
According to the Chemicals industry distribution chart, Shuang-Bang Industrial ranks #1036 out of 1567 companies for Gross Margin %. This places Shuang-Bang Industrial in the lower half of its industry. The industry median Gross Margin % is 24.03. Shuang-Bang Industrial's value of 20.34% is 15.4% below this benchmark. Historically, Shuang-Bang Industrial's own Gross Margin % has ranged from 7.79 to 19.49 over the past decade. While the company's 10-year median is 14.69 vs. the industry median of 24.03, Shuang-Bang Industrial 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 Chemicals company?
The median Gross Margin % among Chemicals companies is 24.03, based on 1,567 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. Shuang-Bang Industrial's current Gross Margin % of 20.34% is 15.4% 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 Shuang-Bang Industrial and its competitors. For the Chemicals industry, the median Gross Margin % is 24.03 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shuang-Bang Industrial's current Gross Margin % is 20.34%, which is 38% above median its own 10-year median of 14.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shuang-Bang Industrial stock overvalued right now?
Based on GuruFocus' analysis, Shuang-Bang Industrial (ROCO:6506) is currently considered Fairly Valued. The stock's GF Value™ is NT$18.62, compared to a current price of NT$17.80 — trading 4.4% below its estimated fair value. The current Gross Margin % is 20.34%, which is 38% above median its 10-year median of 14.69 and 15.4% below the Chemicals industry median of 24.03. Shuang-Bang Industrial's overall GF Score™ is 74/100 with 4 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 Shuang-Bang Industrial (ROCO:6506), the current Gross Margin % is 20.34% as of Jun. 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 Shuang-Bang Industrial (ROCO:6506) Overvalued in 2026?

Based on GuruFocus' analysis, Shuang-Bang Industrial stock appears to be undervalued. The current stock price of NT$17.80 is trading 4.4% below its estimated GF Value™ of NT$18.62. GuruFocus considers Shuang-Bang Industrial to be Fairly Valued.

Key valuation signals for ROCO:6506:

  • Gross Margin %: 20.34% (38% above median its 10-year median of 14.69)
  • GF Value™: NT$18.62 vs. price of NT$17.80 (4.4% below fair value)
  • GF Score™: 74/100 with 4 warning signs
  • Industry Position: 15.4% below the Chemicals median (#1036 of 1567)

No single metric tells the full story. See the ROCO:6506 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shuang-Bang Industrial Business Description

Address No. 3 Yongsing Road, Nankang Industrial District, Nantou City, TWN, 540
Shuang-Bang Industrial Corp is engaged in the manufacturing of PU resin for shoes, coating and lamination, hardener, and Thermoplastic Polyurethane (TPU) and the sales of photoinitiators. The group has four segments, including coating and lamination, polymer, TPU, and sports. It generates the majority of its revenue from the coating and lamination segment engaged in manufacturing. The TPU segment is engaged in manufacturing of PU resin for shoes, coating and lamination, hardener, and Thermoplastic Polyurethane (TPU) and sales of photo initiators.
74GF Score

Get the complete analysis for ROCO:6506

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

NT$17.80
Price
NT$18.62
GF Value