Hsing Ta Cement Co (TPE:1109) Gross Margin %: 14.62% (As of Dec. 2025) — 35% Below Median


TPE:1109 Hsing Ta Cement Co Ltd TPE:1109
71 GF Score
Price NT$14.70
GF Value NT$13.54
Valuation Fairly Valued
! 5 Warning Signs
View Full Analysis

What is Hsing Ta Cement Co Gross Margin %?

Hsing Ta Cement Co TPE:1109 71 Gross Margin % is 14.62% as of Dec. 2025, which is 35% below its 10-year median of 22.39. GuruFocus rates TPE:1109 with a GF Score™ of 71/100 and a GF Value™ of NT$13.54 (Fairly Valued). The stock has 5 warning signs investors should review. Among 396 Building Materials companies, Hsing Ta Cement Co ranks worse than 76.01% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Hsing Ta Cement Co's Gross Profit for the three months ended in Dec. 2025 was NT$164 Mil. Hsing Ta Cement Co's Revenue for the three months ended in Dec. 2025 was NT$1,119 Mil. Therefore, Hsing Ta Cement Co's Gross Margin % for the quarter that ended in Dec. 2025 was 14.62%.

Warning Sign:

Hsing Ta Cement Co Ltd gross margin has been in long-term decline. The average rate of decline per year is -12.7%.


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

TPE:1109' s Gross Margin % Range Over the Past 10 Years
Min: 15.19   Med: 22.39   Max: 34.37
Current: 15.99


During the past 13 years, the highest Gross Margin % of Hsing Ta Cement Co was 34.37%. The lowest was 15.19%. And the median was 22.39%.

TPE:1109's Gross Margin % is ranked worse than
76.01% of 396 companies
in the Building Materials industry
Industry Median: 26.155 vs TPE:1109: 15.99

Hsing Ta Cement Co had a gross margin of 14.62% for the quarter that ended in Dec. 2025 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Hsing Ta Cement Co was -12.70% per year.


Hsing Ta Cement Co  (TPE:1109) 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

Hsing Ta Cement Co had a gross margin of 14.62% 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.


Hsing Ta Cement Co Gross Margin % Related Terms


Hsing Ta Cement Co Gross Margin % Historical Data

* Premium members only.

The historical data trend for Hsing Ta Cement 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.

Hsing Ta Cement Co Gross Margin % Chart

Hsing Ta Cement 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 29.86 19.56 21.42 21.30 15.99

Hsing Ta Cement 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 23.04 10.43 20.75 16.93 14.62

TPE:1109 vs CRH, VMC, MLM: Gross Margin % Comparison

For the Building Materials subindustry, Hsing Ta Cement 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.


Hsing Ta Cement Co Gross Margin % vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, Hsing Ta Cement Co's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Hsing Ta Cement Co's Gross Margin % falls into.


TPE:1109
71GF Score
Hsing Ta Cement Co Ltd TPE:1109
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hsing Ta Cement Co Gross Margin % Calculation

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

Hsing Ta Cement 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 )
=708.4 / 4431.539
=(Revenue - Cost of Goods Sold) / Revenue
=(4431.539 - 3723.105) / 4431.539
=15.99 %

Hsing Ta Cement 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 )
=163.6 / 1119.27
=(Revenue - Cost of Goods Sold) / Revenue
=(1119.27 - 955.664) / 1119.27
=14.62 %

* 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 14.62% mean?
Hsing Ta Cement Co (TPE:1109) has a Gross Margin % of 14.62% as of Dec. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on Hsing Ta Cement Co and its competitors. This is 35% below median its historical median of 22.39. Over the past decade, Hsing Ta Cement Co's Gross Margin % has ranged from 15.19 to 34.37. According to the industry distribution chart, Hsing Ta Cement Co ranks #301 out of 396 companies in the Building Materials industry, placing it in the top 76%.
Is Hsing Ta Cement Co's Gross Margin % too high?
Hsing Ta Cement Co's current Gross Margin % of 14.62% is 35% below median its 10-year median of 22.39. Over the past 10 years, this metric has ranged from a low of 15.19 to a high of 34.37. The Building Materials industry median Gross Margin % is 26.16. Hsing Ta Cement Co's value of 14.62% is 44.1% below this industry median. Based on the distribution chart, Hsing Ta Cement Co ranks #301 out of 396 companies in the Building Materials industry, which is in the bottom quartile relative to peers. Overall, Hsing Ta Cement Co has a GF Score™ of 71/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Hsing Ta Cement Co's Gross Margin % compare to CRH and VMC?
According to the Building Materials industry distribution chart, Hsing Ta Cement Co ranks #301 out of 396 companies for Gross Margin %. This places Hsing Ta Cement Co in the lower half of its industry. The industry median Gross Margin % is 26.16. Hsing Ta Cement Co's value of 14.62% is 44.1% below this benchmark. Historically, Hsing Ta Cement Co's own Gross Margin % has ranged from 15.19 to 34.37 over the past decade. While the company's 10-year median is 22.39 vs. the industry median of 26.16, Hsing Ta Cement 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 Building Materials company?
The median Gross Margin % among Building Materials companies is 26.16, based on 396 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. Hsing Ta Cement Co's current Gross Margin % of 14.62% is 44.1% 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 Hsing Ta Cement Co and its competitors. For the Building Materials industry, the median Gross Margin % is 26.16 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hsing Ta Cement Co's current Gross Margin % is 14.62%, which is 35% below median its own 10-year median of 22.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hsing Ta Cement Co stock overvalued right now?
Based on GuruFocus' analysis, Hsing Ta Cement Co (TPE:1109) is currently considered Fairly Valued. The stock's GF Value™ is NT$13.54, compared to a current price of NT$14.70 — trading 8.6% above its estimated fair value. The current Gross Margin % is 14.62%, which is 35% below median its 10-year median of 22.39 and 44.1% below the Building Materials industry median of 26.16. Hsing Ta Cement Co's overall GF Score™ is 71/100 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 Hsing Ta Cement Co (TPE:1109), the current Gross Margin % is 14.62% 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 Hsing Ta Cement Co (TPE:1109) Overvalued in 2026?

Based on GuruFocus' analysis, Hsing Ta Cement Co stock appears to be overvalued. The current stock price of NT$14.70 is trading 8.6% above its estimated GF Value™ of NT$13.54. GuruFocus considers Hsing Ta Cement Co to be Fairly Valued.

Key valuation signals for TPE:1109:

  • Gross Margin %: 14.62% (35% below median its 10-year median of 22.39)
  • GF Value™: NT$13.54 vs. price of NT$14.70 (8.6% above fair value)
  • GF Score™: 71/100 with 5 warning signs
  • Industry Position: 44.1% below the Building Materials median (#301 of 396)

No single metric tells the full story. See the TPE:1109 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hsing Ta Cement Co Business Description

Address Baoqing Road, 7th floor, No.37, Zhongzheng District, Taipei, TWN, 100
Hsing Ta Cement Co Ltd is engaged in quarrying, processing, warehousing, and distribution of minerals, manufacturing, processing, warehousing, and distribution of limestone chemicals, cement products and limestone related industry, treatment of general waste, sales and leasing of real estate, consultancy of building management, etc. It offers products such as Bootland Cement Type I Cement, Botland Type I Low Alkali Cement, Jinghao dry-mixed cement sand type III, and Others. The Company mainly operates businesses in Taiwan and China. It generates the majority of its revenue from China.
71GF Score

Get the complete analysis for TPE:1109

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

NT$14.70
Price
NT$13.54
GF Value