Polygreen Resources Co (ROCO:8423) Gross Margin %: 28.79% (As of Dec. 2025) — Near 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:8423 Polygreen Resources Co Ltd ROCO:8423
75 GF Score
Price NT$17.60
GF Value NT$16.17
Valuation Fairly Valued
! 3 Warning Signs
View Full Analysis

What is Polygreen Resources Co Gross Margin %?

Polygreen Resources Co ROCO:8423 -0.56% 75 Gross Margin % is 28.79% as of Dec. 2025, which is 4% above its 10-year median of 27.66. GuruFocus rates ROCO:8423 with a GF Score™ of 75/100 and a GF Value™ of NT$16.17 (Fairly Valued). The stock has 3 warning signs investors should review. Among 1,307 Vehicles & Parts companies, Polygreen Resources Co ranks better than 69.47% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Polygreen Resources Co's Gross Profit for the three months ended in Dec. 2025 was NT$27.5 Mil. Polygreen Resources Co's Revenue for the three months ended in Dec. 2025 was NT$95.4 Mil. Therefore, Polygreen Resources Co's Gross Margin % for the quarter that ended in Dec. 2025 was 28.79%.


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

ROCO:8423' s Gross Margin % Range Over the Past 10 Years
Min: 21.94   Med: 27.66   Max: 29.84
Current: 27.63


During the past 13 years, the highest Gross Margin % of Polygreen Resources Co was 29.84%. The lowest was 21.94%. And the median was 27.66%.

ROCO:8423's Gross Margin % is ranked better than
69.47% of 1307 companies
in the Vehicles & Parts industry
Industry Median: 19.88 vs ROCO:8423: 27.63

Polygreen Resources Co had a gross margin of 28.79% for the quarter that ended in Dec. 2025 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Polygreen Resources Co was -0.60% per year.


Polygreen Resources Co  (ROCO:8423) 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

Polygreen Resources Co had a gross margin of 28.79% 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.


Polygreen Resources Co Gross Margin % Related Terms


Polygreen Resources Co Gross Margin % Historical Data

* Premium members only.

The historical data trend for Polygreen Resources 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.

Polygreen Resources Co Gross Margin % Chart

Polygreen Resources 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 26.40 28.47 25.67 26.65 27.63

Polygreen Resources 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 23.09 25.68 28.45 27.59 28.79

ROCO:8423 vs ORLY, AZO: Gross Margin % Comparison

For the Auto Parts subindustry, Polygreen Resources 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.


Polygreen Resources Co Gross Margin % vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Polygreen Resources Co's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Polygreen Resources Co's Gross Margin % falls into.


ROCO:8423
75GF Score
Polygreen Resources Co Ltd ROCO:8423
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Polygreen Resources Co Gross Margin % Calculation

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

Polygreen Resources 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 )
=104.2 / 376.999
=(Revenue - Cost of Goods Sold) / Revenue
=(376.999 - 272.825) / 376.999
=27.63 %

Polygreen Resources 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 )
=27.5 / 95.436
=(Revenue - Cost of Goods Sold) / Revenue
=(95.436 - 67.956) / 95.436
=28.79 %

* 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 28.79% mean?
Polygreen Resources Co (ROCO:8423) has a Gross Margin % of 28.79% as of Dec. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on Polygreen Resources Co and its competitors. This is near median its historical median of 27.66. Over the past decade, Polygreen Resources Co's Gross Margin % has ranged from 21.94 to 29.84. According to the industry distribution chart, Polygreen Resources Co ranks #399 out of 1307 companies in the Vehicles & Parts industry, placing it in the top 30.5%.
Is Polygreen Resources Co's Gross Margin % too high?
Polygreen Resources Co's current Gross Margin % of 28.79% is near median its 10-year median of 27.66. Over the past 10 years, this metric has ranged from a low of 21.94 to a high of 29.84. The Vehicles & Parts industry median Gross Margin % is 19.88. Polygreen Resources Co's value of 28.79% is 44.8% above this industry median. Based on the distribution chart, Polygreen Resources Co ranks #399 out of 1307 companies in the Vehicles & Parts industry, which is above the industry midpoint. Overall, Polygreen Resources Co has a GF Score™ of 75/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Polygreen Resources Co's Gross Margin % compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Polygreen Resources Co ranks #399 out of 1307 companies for Gross Margin %. This puts Polygreen Resources Co in the upper half of its industry. The industry median Gross Margin % is 19.88. Polygreen Resources Co's value of 28.79% is 44.8% above this benchmark. Historically, Polygreen Resources Co's own Gross Margin % has ranged from 21.94 to 29.84 over the past decade. While the company's 10-year median is 27.66 vs. the industry median of 19.88, Polygreen Resources Co has consistently been above 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 Vehicles & Parts company?
The median Gross Margin % among Vehicles & Parts companies is 19.88, based on 1,307 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. Polygreen Resources Co's current Gross Margin % of 28.79% is 44.8% above 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 Polygreen Resources Co and its competitors. For the Vehicles & Parts industry, the median Gross Margin % is 19.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Polygreen Resources Co's current Gross Margin % is 28.79%, which is near median its own 10-year median of 27.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Polygreen Resources Co stock overvalued right now?
Based on GuruFocus' analysis, Polygreen Resources Co (ROCO:8423) is currently considered Fairly Valued. The stock's GF Value™ is NT$16.17, compared to a current price of NT$17.60 — trading 8.8% above its estimated fair value. The current Gross Margin % is 28.79%, which is near median its 10-year median of 27.66 and 44.8% above the Vehicles & Parts industry median of 19.88. Polygreen Resources Co's overall GF Score™ is 75/100 with 3 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 Polygreen Resources Co (ROCO:8423), the current Gross Margin % is 28.79% 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 Polygreen Resources Co (ROCO:8423) Overvalued in 2026?

Based on GuruFocus' analysis, Polygreen Resources Co stock appears to be overvalued. The current stock price of NT$17.60 is trading 8.8% above its estimated GF Value™ of NT$16.17. GuruFocus considers Polygreen Resources Co to be Fairly Valued.

Key valuation signals for ROCO:8423:

  • Gross Margin %: 28.79% (near median its 10-year median of 27.66)
  • GF Value™: NT$16.17 vs. price of NT$17.60 (8.8% above fair value)
  • GF Score™: 75/100 with 3 warning signs
  • Industry Position: 44.8% above the Vehicles & Parts median (#399 of 1307)

No single metric tells the full story. See the ROCO:8423 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Polygreen Resources Co Business Description

Address North Sound Road, Cannon Place, P.O. Box 712, Suite 102, Grand Cayman, CYM, KY1 9006
Polygreen Resources Co Ltd is engaged in the rubber recycling business, offering its products to manufacturers of the tire and conveyor belt industries. The company manufactures premium-quality reclaimed rubber, crumb rubber, and rubber granules. Its products include Rubber asphalt application, Reclaimed Rubber, Butyl Reclaimed Rubber, Crumb Rubber, and Tyre Chip. It has only one operating segment which focuses on the manufacturing and sales of reclaimed rubber. The company operates in Malaysia, Japan, Indonesia, Vietnam, Taiwan, and other countries, of which key revenue is derived from Malaysia.
75GF Score

Get the complete analysis for ROCO:8423

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

NT$17.60
Price
NT$16.17
GF Value