TrickleStar (SGX:CYW) Gross Margin %: 33.19% (As of Dec. 2025) — 28% Above Median

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What is TrickleStar Gross Margin %?

TrickleStar SGX:CYW +3.66% Gross Margin % is 33.19% as of Dec. 2025, which is 28% above its 10-year median of 26.03. The stock has 4 warning signs investors should review. Among 2,454 Hardware companies, TrickleStar ranks better than 69.07% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. TrickleStar's Gross Profit for the six months ended in Dec. 2025 was S$0.86 Mil. TrickleStar's Revenue for the six months ended in Dec. 2025 was S$2.58 Mil. Therefore, TrickleStar's Gross Margin % for the quarter that ended in Dec. 2025 was 33.19%.


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

SGX:CYW' s Gross Margin % Range Over the Past 10 Years
Min: 15.91   Med: 26.03   Max: 38.75
Current: 34.65


During the past 10 years, the highest Gross Margin % of TrickleStar was 38.75%. The lowest was 15.91%. And the median was 26.03%.

SGX:CYW's Gross Margin % is ranked better than
69.07% of 2454 companies
in the Hardware industry
Industry Median: 24.5 vs SGX:CYW: 34.65

TrickleStar had a gross margin of 33.19% for the quarter that ended in Dec. 2025 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for TrickleStar was 6.00% per year.


TrickleStar  (SGX:CYW) 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

TrickleStar had a gross margin of 33.19% 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.


TrickleStar Gross Margin % Related Terms


TrickleStar Gross Margin % Historical Data

* Premium members only.

The historical data trend for TrickleStar'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.

TrickleStar Gross Margin % Chart

TrickleStar 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 15.91 25.34 23.26 18.67 34.64

TrickleStar Semi-Annual Data
Dec16 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 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 18.28 22.78 15.91 35.42 33.19

SGX:CYW vs APH, GLW, TEL: Gross Margin % Comparison

For the Electronic Components subindustry, TrickleStar'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.


TrickleStar Gross Margin % vs Hardware Industry

For the Hardware industry and Technology sector, TrickleStar's Gross Margin % distribution charts can be found below:

* The bar in red indicates where TrickleStar's Gross Margin % falls into.



TrickleStar Gross Margin % Calculation

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

TrickleStar'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 )
=2.6 / 7.503
=(Revenue - Cost of Goods Sold) / Revenue
=(7.503 - 4.904) / 7.503
=34.64 %

TrickleStar'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 )
=0.9 / 2.579
=(Revenue - Cost of Goods Sold) / Revenue
=(2.579 - 1.723) / 2.579
=33.19 %

* 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 33.19% mean?
TrickleStar (SGX:CYW) has a Gross Margin % of 33.19% as of Dec. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on TrickleStar and its competitors. This is 28% above median its historical median of 26.03. Over the past decade, TrickleStar's Gross Margin % has ranged from 15.91 to 38.75. According to the industry distribution chart, TrickleStar ranks #759 out of 2454 companies in the Hardware industry, placing it in the top 30.9%.
Is TrickleStar's Gross Margin % too high?
TrickleStar's current Gross Margin % of 33.19% is 28% above median its 10-year median of 26.03. Over the past 10 years, this metric has ranged from a low of 15.91 to a high of 38.75. The Hardware industry median Gross Margin % is 24.50. TrickleStar's value of 33.19% is 35.5% above this industry median. Based on the distribution chart, TrickleStar ranks #759 out of 2454 companies in the Hardware industry, which is above the industry midpoint.
How does TrickleStar's Gross Margin % compare to APH and GLW?
According to the Hardware industry distribution chart, TrickleStar ranks #759 out of 2454 companies for Gross Margin %. This puts TrickleStar in the upper half of its industry. The industry median Gross Margin % is 24.50. TrickleStar's value of 33.19% is 35.5% above this benchmark. Historically, TrickleStar's own Gross Margin % has ranged from 15.91 to 38.75 over the past decade. While the company's 10-year median is 26.03 vs. the industry median of 24.50, TrickleStar 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 Hardware company?
The median Gross Margin % among Hardware companies is 24.50, based on 2,454 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. TrickleStar's current Gross Margin % of 33.19% is 35.5% 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 TrickleStar 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. TrickleStar's current Gross Margin % is 33.19%, which is 28% above median its own 10-year median of 26.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TrickleStar stock overvalued right now?
Based on GuruFocus' analysis, TrickleStar (SGX:CYW) is currently considered Significantly Overvalued. The stock's GF Value™ is S$0.01, compared to a current price of S$0.09 — trading 750% above its estimated fair value. The current Gross Margin % is 33.19%, which is 28% above median its 10-year median of 26.03 and 35.5% above the Hardware industry median of 24.50. 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 TrickleStar (SGX:CYW), the current Gross Margin % is 33.19% 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.

TrickleStar Business Description

Address Jalan Dutamas 1, C3-U6-15 Solaris Dutamas, Kuala Lumpur, MYS, 50480
TrickleStar Ltd is engaged in design and supply energy-saving products to help consumers reduce energy consumption in their homes and workplaces. Its product portfolio includes Tier 1 APS, Tier 2 APS, SensorClick PowerStrip, GSA PowerStrip, Surge Protector, Advanced Keyboard, Energy Monitor, PowerSwitch, and DryerSaver. The Group has only one business segment, which is that of developing and selling advanced power strips, surge protectors, electrical and energy-saving products.