De Licacy Industrial Co (TPE:1464) Gross Margin %: 19.39% (As of Dec. 2025) — 11% Above Median


TPE:1464 De Licacy Industrial Co Ltd TPE:1464
69 GF Score
Price NT$10.25
GF Value NT$15.86
Valuation Possible Value Trap
! 5 Warning Signs
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What is De Licacy Industrial Co Gross Margin %?

De Licacy Industrial Co TPE:1464 -0.49% 69 Gross Margin % is 19.39% as of Dec. 2025, which is 11% above its 10-year median of 17.41. GuruFocus rates TPE:1464 with a GF Score™ of 69/100 and a GF Value™ of NT$15.86 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 1,026 Manufacturing - Apparel & Accessories companies, De Licacy Industrial Co ranks worse than 65.79% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. De Licacy Industrial Co's Gross Profit for the three months ended in Dec. 2025 was NT$628 Mil. De Licacy Industrial Co's Revenue for the three months ended in Dec. 2025 was NT$3,240 Mil. Therefore, De Licacy Industrial Co's Gross Margin % for the quarter that ended in Dec. 2025 was 19.39%.


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

TPE:1464' s Gross Margin % Range Over the Past 10 Years
Min: 14.47   Med: 17.41   Max: 19.33
Current: 19.33


During the past 13 years, the highest Gross Margin % of De Licacy Industrial Co was 19.33%. The lowest was 14.47%. And the median was 17.41%.

TPE:1464's Gross Margin % is ranked worse than
65.79% of 1026 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 28.51 vs TPE:1464: 19.33

De Licacy Industrial Co had a gross margin of 19.39% for the quarter that ended in Dec. 2025 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for De Licacy Industrial Co was 6.40% per year.


De Licacy Industrial Co  (TPE:1464) 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

De Licacy Industrial Co had a gross margin of 19.39% 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.


De Licacy Industrial Co Gross Margin % Related Terms


De Licacy Industrial Co Gross Margin % Historical Data

* Premium members only.

The historical data trend for De Licacy Industrial 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.

De Licacy Industrial Co Gross Margin % Chart

De Licacy Industrial 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 15.31 14.52 15.76 18.89 19.33

De Licacy Industrial 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 15.17 21.75 19.82 16.05 19.39

De Licacy Industrial Co Gross Margin % Competitor Comparison

For the Textile Manufacturing subindustry, De Licacy Industrial 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.


De Licacy Industrial Co Gross Margin % vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, De Licacy Industrial Co's Gross Margin % distribution charts can be found below:

* The bar in red indicates where De Licacy Industrial Co's Gross Margin % falls into.


TPE:1464
69GF Score
De Licacy Industrial Co Ltd TPE:1464
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

De Licacy Industrial Co Gross Margin % Calculation

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

De Licacy Industrial 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 )
=2430.2 / 12574.863
=(Revenue - Cost of Goods Sold) / Revenue
=(12574.863 - 10144.64) / 12574.863
=19.33 %

De Licacy Industrial 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 )
=628.2 / 3240.238
=(Revenue - Cost of Goods Sold) / Revenue
=(3240.238 - 2612.063) / 3240.238
=19.39 %

* 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 19.39% mean?
De Licacy Industrial Co (TPE:1464) has a Gross Margin % of 19.39% as of Dec. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on De Licacy Industrial Co and its competitors. This is 11% above median its historical median of 17.41. Over the past decade, De Licacy Industrial Co's Gross Margin % has ranged from 14.47 to 19.33. According to the industry distribution chart, De Licacy Industrial Co ranks #675 out of 1026 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 65.8%.
Is De Licacy Industrial Co's Gross Margin % too high?
De Licacy Industrial Co's current Gross Margin % of 19.39% is 11% above median its 10-year median of 17.41. Over the past 10 years, this metric has ranged from a low of 14.47 to a high of 19.33. The Manufacturing - Apparel & Accessories industry median Gross Margin % is 28.51. De Licacy Industrial Co's value of 19.39% is 32% below this industry median. Based on the distribution chart, De Licacy Industrial Co ranks #675 out of 1026 companies in the Manufacturing - Apparel & Accessories industry, which is below the industry midpoint. Overall, De Licacy Industrial Co has a GF Score™ of 69/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does De Licacy Industrial Co's Gross Margin % compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, De Licacy Industrial Co ranks #675 out of 1026 companies for Gross Margin %. This places De Licacy Industrial Co in the lower half of its industry. The industry median Gross Margin % is 28.51. De Licacy Industrial Co's value of 19.39% is 32% below this benchmark. Historically, De Licacy Industrial Co's own Gross Margin % has ranged from 14.47 to 19.33 over the past decade. While the company's 10-year median is 17.41 vs. the industry median of 28.51, De Licacy Industrial 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 Manufacturing - Apparel & Accessories company?
The median Gross Margin % among Manufacturing - Apparel & Accessories companies is 28.51, based on 1,026 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. De Licacy Industrial Co's current Gross Margin % of 19.39% is 32% 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 De Licacy Industrial Co and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Gross Margin % is 28.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. De Licacy Industrial Co's current Gross Margin % is 19.39%, which is 11% above median its own 10-year median of 17.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is De Licacy Industrial Co stock overvalued right now?
Based on GuruFocus' analysis, De Licacy Industrial Co (TPE:1464) is currently considered Possible Value Trap. The stock's GF Value™ is NT$15.86, compared to a current price of NT$10.25 — trading 35.4% below its estimated fair value. The current Gross Margin % is 19.39%, which is 11% above median its 10-year median of 17.41 and 32% below the Manufacturing - Apparel & Accessories industry median of 28.51. De Licacy Industrial Co's overall GF Score™ is 69/100 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 De Licacy Industrial Co (TPE:1464), the current Gross Margin % is 19.39% 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 De Licacy Industrial Co (TPE:1464) Overvalued in 2026?

Based on GuruFocus' analysis, De Licacy Industrial Co stock appears to be undervalued. The current stock price of NT$10.25 is trading 35.4% below its estimated GF Value™ of NT$15.86. GuruFocus considers De Licacy Industrial Co to be Possible Value Trap.

Key valuation signals for TPE:1464:

  • Gross Margin %: 19.39% (11% above median its 10-year median of 17.41)
  • GF Value™: NT$15.86 vs. price of NT$10.25 (35.4% below fair value)
  • GF Score™: 69/100 with 5 warning signs
  • Industry Position: 32% below the Manufacturing - Apparel & Accessories median (#675 of 1026)

No single metric tells the full story. See the TPE:1464 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


De Licacy Industrial Co Business Description

Address Fuxing Road, No. 820, 005 Lin, San Sher Li, Xinshi District, Tainan, TWN, 744
De Licacy Industrial Co Ltd is a textile company engaged in manufacturing, dyeing and finishing, and trading of various textiles. The company manufacture plaid cloth, blended cloth, jacquard cloth, bubble cloth, telescopic cloth, chemical fiber cloth, polyester cotton cloth, satin, and other textile manufacturing, dyeing, and finishing processing, and trading business. It manufactures and markets yarn-dyed fabric in various materials, including cotton, polyester, viscose rayon, tencel, lyocell, polynosic, modal, nylon, linen, and stretch, which are used for manufacturing shirts, bottoms, suits, outerwear, sportswear, and home textiles, among others. The company operates in Japan, Singapore, Hong Kong, Europe, and North America, along with Taiwan.
69GF Score

Get the complete analysis for TPE:1464

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

NT$10.25
Price
NT$15.86
GF Value