Sinkang Industries CoTPE:2032 70 Gross Margin % is 6.08% as of Dec. 2025, which is 45% above its 10-year median of 4.20. GuruFocus rates TPE:2032 with a GF Score™ of 70/100 and a GF Value™ of NT$16.70 (Fairly Valued). The stock has 10 warning signs investors should review. Among 592 Steel companies, Sinkang Industries Co ranks worse than 84.63% on this metric.
TPE:2032's Gross Margin % is ranked worse than 84.63% of 592
companies
in the Steel industry
Industry Median: 12.55
vs TPE:2032: 4.16
Sinkang Industries Co had a gross margin of 6.08% for the quarter that ended in Dec. 2025 => No sustainable competitive advantage
The 5-Year average Growth Rate of Gross Margin for Sinkang Industries Co was -13.10% per year.
Sinkang Industries Co (TPE:2032) 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
Sinkang Industries Co had a gross margin of 6.08% 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.
Sinkang Industries Co Gross Margin % Related Terms
Sinkang Industries Co Gross Margin % Historical Data
* Premium members only.
The historical data trend for Sinkang Industries 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.
TPE:2032 vs NUE, STLD, RS: Gross Margin % Comparison
For the Steel subindustry, Sinkang Industries 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.
Sinkang Industries Co Gross Margin % vs Steel Industry
For the Steel industry and Basic Materials sector, Sinkang Industries Co's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Sinkang Industries Co's Gross Margin % falls into.
* 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.
Sinkang Industries Co (TPE:2032) has a Gross Margin % of 6.08% as of Dec. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on Sinkang Industries Co and its competitors. This is 45% above median its historical median of 4.20. Over the past decade, Sinkang Industries Co's Gross Margin % has ranged from 1.52 to 8.62. According to the industry distribution chart, Sinkang Industries Co ranks #501 out of 592 companies in the Steel industry, placing it in the top 84.6%.
Is Sinkang Industries Co's Gross Margin % too high?
Sinkang Industries Co's current Gross Margin % of 6.08% is 45% above median its 10-year median of 4.20. Over the past 10 years, this metric has ranged from a low of 1.52 to a high of 8.62. The Steel industry median Gross Margin % is 12.55. Sinkang Industries Co's value of 6.08% is 51.6% below this industry median. Based on the distribution chart, Sinkang Industries Co ranks #501 out of 592 companies in the Steel industry, which is in the bottom quartile relative to peers. Overall, Sinkang Industries Co has a GF Score™ of 70/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Sinkang Industries Co's Gross Margin % compare to NUE and STLD?
According to the Steel industry distribution chart, Sinkang Industries Co ranks #501 out of 592 companies for Gross Margin %. This places Sinkang Industries Co in the lower half of its industry. The industry median Gross Margin % is 12.55. Sinkang Industries Co's value of 6.08% is 51.6% below this benchmark. Historically, Sinkang Industries Co's own Gross Margin % has ranged from 1.52 to 8.62 over the past decade. While the company's 10-year median is 4.20 vs. the industry median of 12.55, Sinkang Industries 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 Steel company?
The median Gross Margin % among Steel companies is 12.55, based on 592 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. Sinkang Industries Co's current Gross Margin % of 6.08% is 51.6% 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 Sinkang Industries Co and its competitors. For the Steel industry, the median Gross Margin % is 12.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sinkang Industries Co's current Gross Margin % is 6.08%, which is 45% above median its own 10-year median of 4.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sinkang Industries Co stock overvalued right now?
Based on GuruFocus' analysis, Sinkang Industries Co (TPE:2032) is currently considered Fairly Valued. The stock's GF Value™ is NT$16.70, compared to a current price of NT$16.45 — trading 1.5% below its estimated fair value. The current Gross Margin % is 6.08%, which is 45% above median its 10-year median of 4.20 and 51.6% below the Steel industry median of 12.55. Sinkang Industries Co's overall GF Score™ is 70/100 with 10 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 Sinkang Industries Co (TPE:2032), the current Gross Margin % is 6.08% 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 Sinkang Industries Co (TPE:2032) Overvalued in 2026?
Based on GuruFocus' analysis, Sinkang Industries Co stock appears to be undervalued.
The current stock price of NT$16.45 is trading 1.5% below its estimated GF Value™ of NT$16.70.
GuruFocus considers Sinkang Industries Co to be Fairly Valued.
Key valuation signals for TPE:2032:
Gross Margin %: 6.08% (45% above median its 10-year median of 4.20)
GF Value™: NT$16.70 vs. price of NT$16.45 (1.5% below fair value)
Industry Position: 51.6% below the Steel median (#501 of 592)
No single metric tells the full story. See the TPE:2032 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Sinkang Industries Co Ltd is engaged in cutting and processing surface treatments for stainless steel. Its business activities include Steel secondary processing, Scrap iron and steel metal processing, Metal structure and architectural components manufacturing, Metal wire products manufacturing, Other fabricated metal products manufacturing, Surface treatments, and Mechanical equipment manufacturing.
70GF Score
Get the complete analysis for TPE:2032
Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
TPE:2032 has been successfully added to your 
