Shen's Art Printing Co (ROCO:8921) Gross Margin %: 13.25% (As of Dec. 2025) — Near Median


ROCO:8921 Shen's Art Printing Co Ltd ROCO:8921
68 GF Score
Price NT$17.50
GF Value NT$17.11
Valuation Fairly Valued
! 5 Warning Signs
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What is Shen's Art Printing Co Gross Margin %?

Shen's Art Printing Co ROCO:8921 -1.41% 68 Gross Margin % is 13.25% as of Dec. 2025, which is 2% below its 10-year median of 13.57. GuruFocus rates ROCO:8921 with a GF Score™ of 68/100 and a GF Value™ of NT$17.11 (Fairly Valued). The stock has 5 warning signs investors should review. Among 1,006 Business Services companies, Shen's Art Printing Co ranks worse than 90.46% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Shen's Art Printing Co's Gross Profit for the three months ended in Dec. 2025 was NT$24.6 Mil. Shen's Art Printing Co's Revenue for the three months ended in Dec. 2025 was NT$185.7 Mil. Therefore, Shen's Art Printing Co's Gross Margin % for the quarter that ended in Dec. 2025 was 13.25%.

Warning Sign:

Shen's Art Printing Co Ltd gross margin has been in long-term decline. The average rate of decline per year is -6.5%.


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

ROCO:8921' s Gross Margin % Range Over the Past 10 Years
Min: 10.66   Med: 13.57   Max: 16.14
Current: 11.67


During the past 13 years, the highest Gross Margin % of Shen's Art Printing Co was 16.14%. The lowest was 10.66%. And the median was 13.57%.

ROCO:8921's Gross Margin % is ranked worse than
90.46% of 1006 companies
in the Business Services industry
Industry Median: 34.46 vs ROCO:8921: 11.67

Shen's Art Printing Co had a gross margin of 13.25% for the quarter that ended in Dec. 2025 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Shen's Art Printing Co was -6.50% per year.


Shen's Art Printing Co  (ROCO:8921) 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

Shen's Art Printing Co had a gross margin of 13.25% 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.


Shen's Art Printing Co Gross Margin % Related Terms


Shen's Art Printing Co Gross Margin % Historical Data

* Premium members only.

The historical data trend for Shen's Art Printing 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.

Shen's Art Printing Co Gross Margin % Chart

Shen's Art Printing 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 15.22 11.37 10.66 11.08 11.67

Shen's Art Printing 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 11.08 9.88 11.84 11.32 13.25

ROCO:8921 vs CTAS, CPRT, ULS: Gross Margin % Comparison

For the Specialty Business Services subindustry, Shen's Art Printing 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.


Shen's Art Printing Co Gross Margin % vs Business Services Industry

For the Business Services industry and Industrials sector, Shen's Art Printing Co's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Shen's Art Printing Co's Gross Margin % falls into.


ROCO:8921
68GF Score
Shen's Art Printing Co Ltd ROCO:8921
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Shen's Art Printing Co Gross Margin % Calculation

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

Shen's Art Printing 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 )
=73.8 / 632.856
=(Revenue - Cost of Goods Sold) / Revenue
=(632.856 - 559.016) / 632.856
=11.67 %

Shen's Art Printing 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 )
=24.6 / 185.722
=(Revenue - Cost of Goods Sold) / Revenue
=(185.722 - 161.113) / 185.722
=13.25 %

* 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 13.25% mean?
Shen's Art Printing Co (ROCO:8921) has a Gross Margin % of 13.25% as of Dec. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on Shen's Art Printing Co and its competitors. This is near median its historical median of 13.57. Over the past decade, Shen's Art Printing Co's Gross Margin % has ranged from 10.66 to 16.14. According to the industry distribution chart, Shen's Art Printing Co ranks #910 out of 1006 companies in the Business Services industry, placing it in the top 90.5%.
Is Shen's Art Printing Co's Gross Margin % too high?
Shen's Art Printing Co's current Gross Margin % of 13.25% is near median its 10-year median of 13.57. Over the past 10 years, this metric has ranged from a low of 10.66 to a high of 16.14. The Business Services industry median Gross Margin % is 34.46. Shen's Art Printing Co's value of 13.25% is 61.5% below this industry median. Based on the distribution chart, Shen's Art Printing Co ranks #910 out of 1006 companies in the Business Services industry, which is in the bottom quartile relative to peers. Overall, Shen's Art Printing Co has a GF Score™ of 68/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Shen's Art Printing Co's Gross Margin % compare to CTAS and CPRT?
According to the Business Services industry distribution chart, Shen's Art Printing Co ranks #910 out of 1006 companies for Gross Margin %. This places Shen's Art Printing Co in the lower half of its industry. The industry median Gross Margin % is 34.46. Shen's Art Printing Co's value of 13.25% is 61.5% below this benchmark. Historically, Shen's Art Printing Co's own Gross Margin % has ranged from 10.66 to 16.14 over the past decade. While the company's 10-year median is 13.57 vs. the industry median of 34.46, Shen's Art Printing 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 34.46, based on 1,006 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. Shen's Art Printing Co's current Gross Margin % of 13.25% is 61.5% 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 Shen's Art Printing Co and its competitors. For the Business Services industry, the median Gross Margin % is 34.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shen's Art Printing Co's current Gross Margin % is 13.25%, which is near median its own 10-year median of 13.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shen's Art Printing Co stock overvalued right now?
Based on GuruFocus' analysis, Shen's Art Printing Co (ROCO:8921) is currently considered Fairly Valued. The stock's GF Value™ is NT$17.11, compared to a current price of NT$17.50 — trading 2.3% above its estimated fair value. The current Gross Margin % is 13.25%, which is near median its 10-year median of 13.57 and 61.5% below the Business Services industry median of 34.46. Shen's Art Printing Co's overall GF Score™ is 68/100 with 5 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 Shen's Art Printing Co (ROCO:8921), the current Gross Margin % is 13.25% 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 Shen's Art Printing Co (ROCO:8921) Overvalued in 2026?

Based on GuruFocus' analysis, Shen's Art Printing Co stock appears to be overvalued. The current stock price of NT$17.50 is trading 2.3% above its estimated GF Value™ of NT$17.11. GuruFocus considers Shen's Art Printing Co to be Fairly Valued.

Key valuation signals for ROCO:8921:

  • Gross Margin %: 13.25% (near median its 10-year median of 13.57)
  • GF Value™: NT$17.11 vs. price of NT$17.50 (2.3% above fair value)
  • GF Score™: 68/100 with 5 warning signs
  • Industry Position: 61.5% below the Business Services median (#910 of 1006)

No single metric tells the full story. See the ROCO:8921 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shen's Art Printing Co Business Description

Address Zhongyang Road, 3rd Floor, No.7, Lane 365, Section 1, Tucheng District, New Taipei City, Taipei, TWN, 236
Shen's Art Printing Co Ltd is engaged in the manufacture and distribution of printing products in Taiwan. It provides cultural printing services which offer books, posters, magazines and calendars, and commercial printing products, such as posters, catalogs, direct mails (DMs) and instruction books.
68GF Score

Get the complete analysis for ROCO:8921

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

NT$17.50
Price
NT$17.11
GF Value