COPLUS (TPE:2254) Gross Margin %: -21.68% (As of Dec. 2025)


TPE:2254 COPLUS Inc TPE:2254
70 GF Score
Price NT$59.60
GF Value NT$55.73
Valuation Fairly Valued
! 4 Warning Signs
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What is COPLUS Gross Margin %?

COPLUS TPE:2254 +0.34% 70 Gross Margin % is -21.68% as of Dec. 2025. GuruFocus rates TPE:2254 with a GF Score™ of 70/100 and a GF Value™ of NT$55.73 (Fairly Valued). The stock has 4 warning signs investors should review. Among 1,311 Vehicles & Parts companies, COPLUS ranks better than 56.75% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. COPLUS's Gross Profit for the three months ended in Dec. 2025 was NT$-11.0 Mil. COPLUS's Revenue for the three months ended in Dec. 2025 was NT$51.0 Mil. Therefore, COPLUS's Gross Margin % for the quarter that ended in Dec. 2025 was -21.68%.

Warning Sign:

COPLUS Inc gross margin has been in long-term decline. The average rate of decline per year is -9.8%.


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

TPE:2254' s Gross Margin % Range Over the Past 10 Years
Min: 21.98   Med: 34.19   Max: 38.36
Current: 21.98


During the past 9 years, the highest Gross Margin % of COPLUS was 38.36%. The lowest was 21.98%. And the median was 34.19%.

TPE:2254's Gross Margin % is ranked better than
56.75% of 1311 companies
in the Vehicles & Parts industry
Industry Median: 19.84 vs TPE:2254: 21.98

COPLUS had a gross margin of -21.68% for the quarter that ended in Dec. 2025 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for COPLUS was -9.80% per year.


COPLUS  (TPE:2254) 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

COPLUS had a gross margin of -21.68% 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.


COPLUS Gross Margin % Related Terms


COPLUS Gross Margin % Historical Data

* Premium members only.

The historical data trend for COPLUS'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.

COPLUS Gross Margin % Chart

COPLUS Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Gross Margin %
Get a 7-Day Free Trial Premium Member Only 38.36 35.95 28.47 26.25 21.98

COPLUS Quarterly Data
Dec20 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 24.74 33.15 30.05 13.48 -21.68

TPE:2254 vs ORLY, AZO: Gross Margin % Comparison

For the Auto Parts subindustry, COPLUS'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.


COPLUS Gross Margin % vs Vehicles & Parts Industry

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

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


TPE:2254
70GF Score
COPLUS Inc TPE:2254
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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COPLUS Gross Margin % Calculation

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

COPLUS'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 )
=105 / 477.757
=(Revenue - Cost of Goods Sold) / Revenue
=(477.757 - 372.756) / 477.757
=21.98 %

COPLUS'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 )
=-11 / 50.954
=(Revenue - Cost of Goods Sold) / Revenue
=(50.954 - 62.003) / 50.954
=-21.68 %

* 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 -21.68% mean?
COPLUS (TPE:2254) has a Gross Margin % of -21.68% as of Dec. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on COPLUS and its competitors. Over the past decade, COPLUS's Gross Margin % has ranged from 21.98 to 38.36. According to the industry distribution chart, COPLUS ranks #567 out of 1311 companies in the Vehicles & Parts industry, placing it in the top 43.2%.
Is COPLUS's Gross Margin % too high?
COPLUS's current Gross Margin % is -21.68%. Over the past 10 years, this metric has ranged from a low of 21.98 to a high of 38.36. Based on the distribution chart, COPLUS ranks #567 out of 1311 companies in the Vehicles & Parts industry, which is above the industry midpoint. Overall, COPLUS has a GF Score™ of 70/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does COPLUS's Gross Margin % compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, COPLUS ranks #567 out of 1311 companies for Gross Margin %. This puts COPLUS in the upper half of its industry. The industry median Gross Margin % is 19.84. Historically, COPLUS's own Gross Margin % has ranged from 21.98 to 38.36 over the past decade. 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 19.84, based on 1,311 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. 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 COPLUS and its competitors. For the Vehicles & Parts industry, the median Gross Margin % is 19.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. COPLUS's current Gross Margin % is -21.68%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is COPLUS stock overvalued right now?
Based on GuruFocus' analysis, COPLUS (TPE:2254) is currently considered Fairly Valued. The stock's GF Value™ is NT$55.73, compared to a current price of NT$59.60 — trading 6.9% above its estimated fair value. The current Gross Margin % is -21.68%. COPLUS's overall GF Score™ is 70/100 with 4 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 COPLUS (TPE:2254), the current Gross Margin % is -21.68% 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 COPLUS (TPE:2254) Overvalued in 2026?

Based on GuruFocus' analysis, COPLUS stock appears to be overvalued. The current stock price of NT$59.60 is trading 6.9% above its estimated GF Value™ of NT$55.73. GuruFocus considers COPLUS to be Fairly Valued.

Key valuation signals for TPE:2254:

  • Gross Margin %: -21.68%
  • GF Value™: NT$55.73 vs. price of NT$59.60 (6.9% above fair value)
  • GF Score™: 70/100 with 4 warning signs

No single metric tells the full story. See the TPE:2254 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


COPLUS Business Description

Address No. 50, Keji 2nd Road, Annan District, Tainan, TWN, 70266
COPLUS Inc is a Taiwan-based company mainly engaged in the research, development, production and sale of customized car lights, components and plastic decorative parts. The main products include light emitting diode (LED) car lights, as well as automotive components such as plastic decorative parts, water tank caps, oil caps, water tank guards and others. The Company mainly operates in Taiwan and overseas markets like USA and Japan.
70GF Score

Get the complete analysis for TPE:2254

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

NT$59.60
Price
NT$55.73
GF Value