China Glaze Co (TPE:1809) Gross Margin %: 21.38% (As of Dec. 2025) — Near Median


TPE:1809 China Glaze Co Ltd TPE:1809
56 GF Score
Price NT$50.30
GF Value NT$18.57
Valuation Significantly Overvalued
! 3 Warning Signs
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What is China Glaze Co Gross Margin %?

China Glaze Co TPE:1809 +5.12% 56 Gross Margin % is 21.38% as of Dec. 2025, which is 7% above its 10-year median of 19.95. GuruFocus rates TPE:1809 with a GF Score™ of 56/100 and a GF Value™ of NT$18.57 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 1,719 Construction companies, China Glaze Co ranks worse than 51.54% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. China Glaze Co's Gross Profit for the three months ended in Dec. 2025 was NT$136 Mil. China Glaze Co's Revenue for the three months ended in Dec. 2025 was NT$637 Mil. Therefore, China Glaze Co's Gross Margin % for the quarter that ended in Dec. 2025 was 21.38%.


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

TPE:1809' s Gross Margin % Range Over the Past 10 Years
Min: 15.82   Med: 19.95   Max: 23.7
Current: 19.9


During the past 13 years, the highest Gross Margin % of China Glaze Co was 23.70%. The lowest was 15.82%. And the median was 19.95%.

TPE:1809's Gross Margin % is ranked worse than
51.54% of 1719 companies
in the Construction industry
Industry Median: 20.71 vs TPE:1809: 19.90

China Glaze Co had a gross margin of 21.38% for the quarter that ended in Dec. 2025 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for China Glaze Co was 0.80% per year.


China Glaze Co  (TPE:1809) 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 Glaze Co had a gross margin of 21.38% 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.


China Glaze Co Gross Margin % Related Terms


China Glaze Co Gross Margin % Historical Data

* Premium members only.

The historical data trend for China Glaze 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 Glaze Co Gross Margin % Chart

China Glaze 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 20.14 20.40 15.82 20.00 19.90

China Glaze 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 20.39 20.03 19.54 18.68 21.38

TPE:1809 vs TT, JCI, CARR: Gross Margin % Comparison

For the Building Products & Equipment subindustry, China Glaze 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 Glaze Co Gross Margin % vs Construction Industry

For the Construction industry and Industrials sector, China Glaze Co's Gross Margin % distribution charts can be found below:

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


TPE:1809
56GF Score
China Glaze Co Ltd TPE:1809
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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China Glaze Co Gross Margin % Calculation

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

China Glaze 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 )
=496.9 / 2497.538
=(Revenue - Cost of Goods Sold) / Revenue
=(2497.538 - 2000.652) / 2497.538
=19.90 %

China Glaze 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 )
=136.1 / 636.729
=(Revenue - Cost of Goods Sold) / Revenue
=(636.729 - 500.601) / 636.729
=21.38 %

* 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 21.38% mean?
China Glaze Co (TPE:1809) has a Gross Margin % of 21.38% as of Dec. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on China Glaze Co and its competitors. This is near median its historical median of 19.95. Over the past decade, China Glaze Co's Gross Margin % has ranged from 15.82 to 23.70. According to the industry distribution chart, China Glaze Co ranks #886 out of 1719 companies in the Construction industry, placing it in the top 51.5%.
Is China Glaze Co's Gross Margin % too high?
China Glaze Co's current Gross Margin % of 21.38% is near median its 10-year median of 19.95. Over the past 10 years, this metric has ranged from a low of 15.82 to a high of 23.70. The Construction industry median Gross Margin % is 20.71. China Glaze Co's value of 21.38% is 3.2% above this industry median. Based on the distribution chart, China Glaze Co ranks #886 out of 1719 companies in the Construction industry, which is below the industry midpoint. Overall, China Glaze Co has a GF Score™ of 56/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does China Glaze Co's Gross Margin % compare to TT and JCI?
According to the Construction industry distribution chart, China Glaze Co ranks #886 out of 1719 companies for Gross Margin %. This places China Glaze Co in the lower half of its industry. The industry median Gross Margin % is 20.71. China Glaze Co's value of 21.38% is 3.2% above this benchmark. Historically, China Glaze Co's own Gross Margin % has ranged from 15.82 to 23.70 over the past decade. While the company's 10-year median is 19.95 vs. the industry median of 20.71, China Glaze 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 Construction company?
The median Gross Margin % among Construction companies is 20.71, based on 1,719 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 Glaze Co's current Gross Margin % of 21.38% is 3.2% 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 Glaze Co and its competitors. For the Construction industry, the median Gross Margin % is 20.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China Glaze Co's current Gross Margin % is 21.38%, which is near median its own 10-year median of 19.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Glaze Co stock overvalued right now?
Based on GuruFocus' analysis, China Glaze Co (TPE:1809) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$18.57, compared to a current price of NT$50.30 — trading 170.9% above its estimated fair value. The current Gross Margin % is 21.38%, which is near median its 10-year median of 19.95 and 3.2% above the Construction industry median of 20.71. China Glaze Co's overall GF Score™ is 56/100 with 3 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 Glaze Co (TPE:1809), the current Gross Margin % is 21.38% 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 Glaze Co (TPE:1809) Overvalued in 2026?

Based on GuruFocus' analysis, China Glaze Co stock appears to be overvalued. The current stock price of NT$50.30 is trading 170.9% above its estimated GF Value™ of NT$18.57. GuruFocus considers China Glaze Co to be Significantly Overvalued.

Key valuation signals for TPE:1809:

  • Gross Margin %: 21.38% (near median its 10-year median of 19.95)
  • GF Value™: NT$18.57 vs. price of NT$50.30 (170.9% above fair value)
  • GF Score™: 56/100 with 3 warning signs
  • Industry Position: 3.2% above the Construction median (#886 of 1719)

No single metric tells the full story. See the TPE:1809 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


China Glaze Co Business Description

Address No. 136, Chung Hsing Road, Section 4, Zhudong Township, Hsinchu, TWN, 31061
China Glaze Co Ltd is engaged in mainly manufacturing and sales of various frit, glaze, pigments, ceramics, crystallized glass, phosphor powder for photoelectric use, and digital textile ink.
56GF Score

Get the complete analysis for TPE:1809

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

NT$50.30
Price
NT$18.57
GF Value