Hiroca Holdings (TPE:1338) Gross Margin %: 22.76% (As of Dec. 2025) — Near Median


TPE:1338 Hiroca Holdings Ltd TPE:1338
54 GF Score
Price NT$16.90
GF Value NT$31.67
Valuation Possible Value Trap
! 6 Warning Signs
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What is Hiroca Holdings Gross Margin %?

Hiroca Holdings TPE:1338 54 Gross Margin % is 22.76% as of Dec. 2025, which is 1% below its 10-year median of 23.06. GuruFocus rates TPE:1338 with a GF Score™ of 54/100 and a GF Value™ of NT$31.67 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 1,307 Vehicles & Parts companies, Hiroca Holdings ranks better than 61.06% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Hiroca Holdings's Gross Profit for the three months ended in Dec. 2025 was NT$307 Mil. Hiroca Holdings's Revenue for the three months ended in Dec. 2025 was NT$1,347 Mil. Therefore, Hiroca Holdings's Gross Margin % for the quarter that ended in Dec. 2025 was 22.76%.


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

TPE:1338' s Gross Margin % Range Over the Past 10 Years
Min: 20.36   Med: 23.06   Max: 27.41
Current: 23.52


During the past 13 years, the highest Gross Margin % of Hiroca Holdings was 27.41%. The lowest was 20.36%. And the median was 23.06%.

TPE:1338's Gross Margin % is ranked better than
61.06% of 1307 companies
in the Vehicles & Parts industry
Industry Median: 19.83 vs TPE:1338: 23.52

Hiroca Holdings had a gross margin of 22.76% for the quarter that ended in Dec. 2025 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Hiroca Holdings was 1.30% per year.


Hiroca Holdings  (TPE:1338) 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

Hiroca Holdings had a gross margin of 22.76% 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.


Hiroca Holdings Gross Margin % Related Terms


Hiroca Holdings Gross Margin % Historical Data

* Premium members only.

The historical data trend for Hiroca Holdings'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.

Hiroca Holdings Gross Margin % Chart

Hiroca Holdings 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 21.05 20.36 22.12 22.23 23.51

Hiroca Holdings 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 20.39 25.72 18.97 26.28 22.76

TPE:1338 vs ORLY, AZO: Gross Margin % Comparison

For the Auto Parts subindustry, Hiroca Holdings'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.


Hiroca Holdings Gross Margin % vs Vehicles & Parts Industry

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

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


TPE:1338
54GF Score
Hiroca Holdings Ltd TPE:1338
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hiroca Holdings Gross Margin % Calculation

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

Hiroca Holdings'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 )
=1230.2 / 5231.666
=(Revenue - Cost of Goods Sold) / Revenue
=(5231.666 - 4001.444) / 5231.666
=23.51 %

Hiroca Holdings'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 )
=306.6 / 1347.208
=(Revenue - Cost of Goods Sold) / Revenue
=(1347.208 - 1040.613) / 1347.208
=22.76 %

* 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 22.76% mean?
Hiroca Holdings (TPE:1338) has a Gross Margin % of 22.76% as of Dec. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on Hiroca Holdings and its competitors. This is near median its historical median of 23.06. Over the past decade, Hiroca Holdings' Gross Margin % has ranged from 20.36 to 27.41. According to the industry distribution chart, Hiroca Holdings ranks #509 out of 1307 companies in the Vehicles & Parts industry, placing it in the top 38.9%.
Is Hiroca Holdings' Gross Margin % too high?
Hiroca Holdings' current Gross Margin % of 22.76% is near median its 10-year median of 23.06. Over the past 10 years, this metric has ranged from a low of 20.36 to a high of 27.41. The Vehicles & Parts industry median Gross Margin % is 19.83. Hiroca Holdings' value of 22.76% is 14.8% above this industry median. Based on the distribution chart, Hiroca Holdings ranks #509 out of 1307 companies in the Vehicles & Parts industry, which is above the industry midpoint. Overall, Hiroca Holdings has a GF Score™ of 54/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Hiroca Holdings' Gross Margin % compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Hiroca Holdings ranks #509 out of 1307 companies for Gross Margin %. This puts Hiroca Holdings in the upper half of its industry. The industry median Gross Margin % is 19.83. Hiroca Holdings' value of 22.76% is 14.8% above this benchmark. Historically, Hiroca Holdings' own Gross Margin % has ranged from 20.36 to 27.41 over the past decade. While the company's 10-year median is 23.06 vs. the industry median of 19.83, Hiroca Holdings 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 19.83, 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. Hiroca Holdings's current Gross Margin % of 22.76% is 14.8% 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 Hiroca Holdings and its competitors. For the Vehicles & Parts industry, the median Gross Margin % is 19.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hiroca Holdings's current Gross Margin % is 22.76%, which is near median its own 10-year median of 23.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hiroca Holdings stock overvalued right now?
Based on GuruFocus' analysis, Hiroca Holdings (TPE:1338) is currently considered Possible Value Trap. The stock's GF Value™ is NT$31.67, compared to a current price of NT$16.90 — trading 46.6% below its estimated fair value. The current Gross Margin % is 22.76%, which is near median its 10-year median of 23.06 and 14.8% above the Vehicles & Parts industry median of 19.83. Hiroca Holdings' overall GF Score™ is 54/100 with 6 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 Hiroca Holdings (TPE:1338), the current Gross Margin % is 22.76% 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 Hiroca Holdings (TPE:1338) Overvalued in 2026?

Based on GuruFocus' analysis, Hiroca Holdings stock appears to be undervalued. The current stock price of NT$16.90 is trading 46.6% below its estimated GF Value™ of NT$31.67. GuruFocus considers Hiroca Holdings to be Possible Value Trap.

Key valuation signals for TPE:1338:

  • Gross Margin %: 22.76% (near median its 10-year median of 23.06)
  • GF Value™: NT$31.67 vs. price of NT$16.90 (46.6% below fair value)
  • GF Score™: 54/100 with 6 warning signs
  • Industry Position: 14.8% above the Vehicles & Parts median (#509 of 1307)

No single metric tells the full story. See the TPE:1338 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hiroca Holdings Business Description

Address Qiaotou Third Industrial Zone, Houjie Town, Guangdong Province, Dongguan, CHN
Hiroca Holdings Ltd mainly engages in the production and sales of a variety of automotive trim parts, electronic plastic parts, plastic corrugated board, and molds. It provides products and services of Interior, Exterior, and Lighting. The company generates a majority of its revenue from the sale of automotive spare parts and the rest from other products and services. Geographically, it derives key revenue from Mainland China and the rest from America and other regions.
54GF Score

Get the complete analysis for TPE:1338

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

NT$16.90
Price
NT$31.67
GF Value