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ShineMore Technology Materials Co (ROCO:8291) 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
ShineMore Technology Materials Co had a gross margin of -249.26% 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.
ShineMore Technology Materials Co Gross Margin % Related Terms
ShineMore Technology Materials Co Gross 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.
ShineMore Technology Materials Co Gross Margin % Chart
For the Electronic Components subindustry, ShineMore Technology Materials 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.
ShineMore Technology Materials Co Gross Margin % vs Hardware Industry
For the Hardware industry and Technology sector, ShineMore Technology Materials Co's Gross Margin % distribution charts can be found below:
* The bar in red indicates where ShineMore Technology Materials Co's Gross 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.
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.
ShineMore Technology Materials Co (ROCO:8291) has a Gross Margin % of -249.26% as of Dec. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on ShineMore Technology Materials Co and its competitors. According to the industry distribution chart, ShineMore Technology Materials Co ranks #2452 out of 2455 companies in the Hardware industry, placing it in the top 99.9%.
Is ShineMore Technology Materials Co's Gross Margin % too high?
ShineMore Technology Materials Co's current Gross Margin % is -249.26%. Based on the distribution chart, ShineMore Technology Materials Co ranks #2452 out of 2455 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, ShineMore Technology Materials Co has a GF Score™ of 30/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does ShineMore Technology Materials Co's Gross Margin % compare to APH and GLW?
According to the Hardware industry distribution chart, ShineMore Technology Materials Co ranks #2452 out of 2455 companies for Gross Margin %. This places ShineMore Technology Materials Co in the lower half of its industry. The industry median Gross Margin % is 24.50. 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 24.50, based on 2,455 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. 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 ShineMore Technology Materials Co and its competitors. For the Hardware industry, the median Gross Margin % is 24.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ShineMore Technology Materials Co's current Gross Margin % is -249.26%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ShineMore Technology Materials Co stock overvalued right now?
Based on GuruFocus' analysis, ShineMore Technology Materials Co (ROCO:8291) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$3.00, compared to a current price of NT$27.35 — trading 811.7% above its estimated fair value. The current Gross Margin % is -249.26%. ShineMore Technology Materials Co's overall GF Score™ is 30/100 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 ShineMore Technology Materials Co (ROCO:8291), the current Gross Margin % is -249.26% 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 ShineMore Technology Materials Co (ROCO:8291) Overvalued in 2026?
Based on GuruFocus' analysis, ShineMore Technology Materials Co stock appears to be overvalued.
The current stock price of NT$27.35 is trading 811.7% above its estimated GF Value™ of NT$3.00.
GuruFocus considers ShineMore Technology Materials Co to be Significantly Overvalued.
Key valuation signals for ROCO:8291:
Gross Margin %: -249.26%
GF Value™: NT$3.00 vs. price of NT$27.35 (811.7% above fair value)
No single metric tells the full story. See the ROCO:8291 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
ShineMore Technology Materials Co Business Description
ShineMore Technology Materials Co Ltd is a company engaged in the manufacture, processing, and sales of copper-clad circuit laminate and adhesive films. Geographically, it derives a majority of its revenue from Taiwan and also has a presence in Japan. Its products include FR-4 CCL including Conventional FR-4 Material, Lead Free Material, Halogen Free(HF) Material, Low Flow Prepreg and Unclad FR-4 Material.
30GF Score
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