China Times Co (ROCO:8923) Gross Margin %: 46.56% (As of Dec. 2025) — Near Median

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ROCO:8923 China Times Co Ltd ROCO:8923
76 GF Score
Price NT$18.75
GF Value NT$19.78
Valuation Fairly Valued
! 5 Warning Signs
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What is China Times Co Gross Margin %?

China Times Co ROCO:8923 -2.60% 76 Gross Margin % is 46.56% as of Dec. 2025, which is 5% above its 10-year median of 44.52. GuruFocus rates ROCO:8923 with a GF Score™ of 76/100 and a GF Value™ of NT$19.78 (Fairly Valued). The stock has 5 warning signs investors should review. Among 944 Media - Diversified companies, China Times Co ranks better than 58.58% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. China Times Co's Gross Profit for the three months ended in Dec. 2025 was NT$54.3 Mil. China Times Co's Revenue for the three months ended in Dec. 2025 was NT$116.6 Mil. Therefore, China Times Co's Gross Margin % for the quarter that ended in Dec. 2025 was 46.56%.


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

ROCO:8923' s Gross Margin % Range Over the Past 10 Years
Min: 42.38   Med: 44.52   Max: 48.99
Current: 44.51


During the past 13 years, the highest Gross Margin % of China Times Co was 48.99%. The lowest was 42.38%. And the median was 44.52%.

ROCO:8923's Gross Margin % is ranked better than
58.58% of 944 companies
in the Media - Diversified industry
Industry Median: 38.99 vs ROCO:8923: 44.51

China Times Co had a gross margin of 46.56% for the quarter that ended in Dec. 2025 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for China Times Co was -0.10% per year.


China Times Co  (ROCO:8923) 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

China Times Co had a gross margin of 46.56% for the quarter that ended in Dec. 2025 => Durable 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.


China Times Co Gross Margin % Related Terms


China Times Co Gross Margin % Historical Data

* Premium members only.

The historical data trend for China Times 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.

China Times Co Gross Margin % Chart

China Times 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 44.69 44.29 42.38 44.52 44.51

China Times 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 45.37 45.10 44.35 41.28 46.56

ROCO:8923 vs NYT, WLY: Gross Margin % Comparison

For the Publishing subindustry, China Times 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.


China Times Co Gross Margin % vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, China Times Co's Gross Margin % distribution charts can be found below:

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


ROCO:8923
76GF Score
China Times Co Ltd ROCO:8923
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

China Times Co Gross Margin % Calculation

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

China Times 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 )
=199.1 / 447.369
=(Revenue - Cost of Goods Sold) / Revenue
=(447.369 - 248.256) / 447.369
=44.51 %

China Times 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 )
=54.3 / 116.642
=(Revenue - Cost of Goods Sold) / Revenue
=(116.642 - 62.329) / 116.642
=46.56 %

* 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 46.56% mean?
China Times Co (ROCO:8923) has a Gross Margin % of 46.56% as of Dec. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on China Times Co and its competitors. This is near median its historical median of 44.52. Over the past decade, China Times Co's Gross Margin % has ranged from 42.38 to 48.99. According to the industry distribution chart, China Times Co ranks #391 out of 944 companies in the Media - Diversified industry, placing it in the top 41.4%.
Is China Times Co's Gross Margin % too high?
China Times Co's current Gross Margin % of 46.56% is near median its 10-year median of 44.52. Over the past 10 years, this metric has ranged from a low of 42.38 to a high of 48.99. The Media - Diversified industry median Gross Margin % is 38.99. China Times Co's value of 46.56% is 19.4% above this industry median. Based on the distribution chart, China Times Co ranks #391 out of 944 companies in the Media - Diversified industry, which is above the industry midpoint. Overall, China Times Co has a GF Score™ of 76/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does China Times Co's Gross Margin % compare to NYT and WLY?
According to the Media - Diversified industry distribution chart, China Times Co ranks #391 out of 944 companies for Gross Margin %. This puts China Times Co in the upper half of its industry. The industry median Gross Margin % is 38.99. China Times Co's value of 46.56% is 19.4% above this benchmark. Historically, China Times Co's own Gross Margin % has ranged from 42.38 to 48.99 over the past decade. While the company's 10-year median is 44.52 vs. the industry median of 38.99, China Times 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 Media - Diversified company?
The median Gross Margin % among Media - Diversified companies is 38.99, based on 944 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. China Times Co's current Gross Margin % of 46.56% is 19.4% 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 China Times Co and its competitors. For the Media - Diversified industry, the median Gross Margin % is 38.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China Times Co's current Gross Margin % is 46.56%, which is near median its own 10-year median of 44.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Times Co stock overvalued right now?
Based on GuruFocus' analysis, China Times Co (ROCO:8923) is currently considered Fairly Valued. The stock's GF Value™ is NT$19.78, compared to a current price of NT$18.75 — trading 5.2% below its estimated fair value. The current Gross Margin % is 46.56%, which is near median its 10-year median of 44.52 and 19.4% above the Media - Diversified industry median of 38.99. China Times Co's overall GF Score™ is 76/100 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 China Times Co (ROCO:8923), the current Gross Margin % is 46.56% 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 China Times Co (ROCO:8923) Overvalued in 2026?

Based on GuruFocus' analysis, China Times Co stock appears to be undervalued. The current stock price of NT$18.75 is trading 5.2% below its estimated GF Value™ of NT$19.78. GuruFocus considers China Times Co to be Fairly Valued.

Key valuation signals for ROCO:8923:

  • Gross Margin %: 46.56% (near median its 10-year median of 44.52)
  • GF Value™: NT$19.78 vs. price of NT$18.75 (5.2% below fair value)
  • GF Score™: 76/100 with 5 warning signs
  • Industry Position: 19.4% above the Media - Diversified median (#391 of 944)

No single metric tells the full story. See the ROCO:8923 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


China Times Co Business Description

Address No. 240, Heping West Road, 1-7 Floor, Section 3, Wanhua District, Taipei, TWN, 108
China Times Co Ltd is a Taiwan-based company principally engaged in the publishing and distribution of books and magazines. Its activities mainly include editing, publishing, and wholesale distribution of books and magazines, as well as exhibition services.
76GF Score

Get the complete analysis for ROCO:8923

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

NT$18.75
Price
NT$19.78
GF Value