Bai ShA Technology Co (ROCO:8401) Gross Margin %: 32.49% (As of Dec. 2025) — 26% Above Median


ROCO:8401 Bai ShA Technology Co Ltd ROCO:8401
83 GF Score
Price NT$23.00
GF Value NT$21.66
Valuation Fairly Valued
! 1 Warning Sign
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What is Bai ShA Technology Co Gross Margin %?

Bai ShA Technology Co ROCO:8401 +0.22% 83 Gross Margin % is 32.49% as of Dec. 2025, which is 26% above its 10-year median of 25.74. GuruFocus rates ROCO:8401 with a GF Score™ of 83/100 and a GF Value™ of NT$21.66 (Fairly Valued). The stock has 1 warning sign investors should review. Among 1,007 Business Services companies, Bai ShA Technology Co ranks worse than 57% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Bai ShA Technology Co's Gross Profit for the three months ended in Dec. 2025 was NT$135 Mil. Bai ShA Technology Co's Revenue for the three months ended in Dec. 2025 was NT$415 Mil. Therefore, Bai ShA Technology Co's Gross Margin % for the quarter that ended in Dec. 2025 was 32.49%.


The historical rank and industry rank for Bai ShA Technology Co's Gross Margin % or its related term are showing as below:

ROCO:8401' s Gross Margin % Range Over the Past 10 Years
Min: 21.98   Med: 25.74   Max: 30.64
Current: 30.64


During the past 13 years, the highest Gross Margin % of Bai ShA Technology Co was 30.64%. The lowest was 21.98%. And the median was 25.74%.

ROCO:8401's Gross Margin % is ranked worse than
57% of 1007 companies
in the Business Services industry
Industry Median: 34.5 vs ROCO:8401: 30.64

Bai ShA Technology Co had a gross margin of 32.49% for the quarter that ended in Dec. 2025 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Bai ShA Technology Co was 5.50% per year.


Bai ShA Technology Co  (ROCO:8401) 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

Bai ShA Technology Co had a gross margin of 32.49% for the quarter that ended in Dec. 2025 => 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.


Bai ShA Technology Co Gross Margin % Related Terms


Bai ShA Technology Co Gross Margin % Historical Data

* Premium members only.

The historical data trend for Bai ShA Technology 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.

Bai ShA Technology Co Gross Margin % Chart

Bai ShA Technology 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 25.73 26.62 27.21 30.46 30.64

Bai ShA Technology 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 32.24 28.97 29.93 30.85 32.49

ROCO:8401 vs CTAS, CPRT, ULS: Gross Margin % Comparison

For the Specialty Business Services subindustry, Bai ShA Technology 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.


Bai ShA Technology Co Gross Margin % vs Business Services Industry

For the Business Services industry and Industrials sector, Bai ShA Technology Co's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Bai ShA Technology Co's Gross Margin % falls into.


ROCO:8401
83GF Score
Bai ShA Technology Co Ltd ROCO:8401
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Bai ShA Technology Co Gross Margin % Calculation

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

Bai ShA Technology 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 )
=473 / 1543.839
=(Revenue - Cost of Goods Sold) / Revenue
=(1543.839 - 1070.879) / 1543.839
=30.64 %

Bai ShA Technology 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 )
=134.7 / 414.745
=(Revenue - Cost of Goods Sold) / Revenue
=(414.745 - 280.004) / 414.745
=32.49 %

* 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 32.49% mean?
Bai ShA Technology Co (ROCO:8401) has a Gross Margin % of 32.49% as of Dec. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on Bai ShA Technology Co and its competitors. This is 26% above median its historical median of 25.74. Over the past decade, Bai ShA Technology Co's Gross Margin % has ranged from 21.98 to 30.64. According to the industry distribution chart, Bai ShA Technology Co ranks #574 out of 1007 companies in the Business Services industry, placing it in the top 57%.
Is Bai ShA Technology Co's Gross Margin % too high?
Bai ShA Technology Co's current Gross Margin % of 32.49% is 26% above median its 10-year median of 25.74. Over the past 10 years, this metric has ranged from a low of 21.98 to a high of 30.64. The Business Services industry median Gross Margin % is 34.50. Bai ShA Technology Co's value of 32.49% is 5.8% below this industry median. Based on the distribution chart, Bai ShA Technology Co ranks #574 out of 1007 companies in the Business Services industry, which is below the industry midpoint. Overall, Bai ShA Technology Co has a GF Score™ of 83/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Bai ShA Technology Co's Gross Margin % compare to CTAS and CPRT?
According to the Business Services industry distribution chart, Bai ShA Technology Co ranks #574 out of 1007 companies for Gross Margin %. This places Bai ShA Technology Co in the lower half of its industry. The industry median Gross Margin % is 34.50. Bai ShA Technology Co's value of 32.49% is 5.8% below this benchmark. Historically, Bai ShA Technology Co's own Gross Margin % has ranged from 21.98 to 30.64 over the past decade. While the company's 10-year median is 25.74 vs. the industry median of 34.50, Bai ShA Technology 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 Business Services company?
The median Gross Margin % among Business Services companies is 34.50, based on 1,007 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. Bai ShA Technology Co's current Gross Margin % of 32.49% is 5.8% 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 Bai ShA Technology Co and its competitors. For the Business Services industry, the median Gross Margin % is 34.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bai ShA Technology Co's current Gross Margin % is 32.49%, which is 26% above median its own 10-year median of 25.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bai ShA Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Bai ShA Technology Co (ROCO:8401) is currently considered Fairly Valued. The stock's GF Value™ is NT$21.66, compared to a current price of NT$23.00 — trading 6.2% above its estimated fair value. The current Gross Margin % is 32.49%, which is 26% above median its 10-year median of 25.74 and 5.8% below the Business Services industry median of 34.50. Bai ShA Technology Co's overall GF Score™ is 83/100 with 1 warning sign 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 Bai ShA Technology Co (ROCO:8401), the current Gross Margin % is 32.49% 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 Bai ShA Technology Co (ROCO:8401) Overvalued in 2026?

Based on GuruFocus' analysis, Bai ShA Technology Co stock appears to be overvalued. The current stock price of NT$23.00 is trading 6.2% above its estimated GF Value™ of NT$21.66. GuruFocus considers Bai ShA Technology Co to be Fairly Valued.

Key valuation signals for ROCO:8401:

  • Gross Margin %: 32.49% (26% above median its 10-year median of 25.74)
  • GF Value™: NT$21.66 vs. price of NT$23.00 (6.2% above fair value)
  • GF Score™: 83/100 with 1 warning sign
  • Industry Position: 5.8% below the Business Services median (#574 of 1007)

No single metric tells the full story. See the ROCO:8401 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Bai ShA Technology Co Business Description

Address No.116, Sec. 1, Xiangshun Road, Taiping district, Taichung, TWN, 411042
Bai ShA Technology Co Ltd is a Taiwan based company engages in the production and sale of commercial printing products. Its products include business cards, posters, wedding invitations, envelopes, related business printings, books, and class books. Geographically the company operates from Taiwan region.
83GF Score

Get the complete analysis for ROCO:8401

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

NT$23.00
Price
NT$21.66
GF Value