Kaimei Electronic (TPE:2375) Gross Margin %: 19.39% (As of Dec. 2025) — Near Median

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TPE:2375 Kaimei Electronic Corp TPE:2375
60 GF Score
Price NT$172.00
GF Value NT$74.58
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is Kaimei Electronic Gross Margin %?

Kaimei Electronic TPE:2375 -7.03% 60 Gross Margin % is 19.39% as of Dec. 2025, which is 2% above its 10-year median of 18.95. GuruFocus rates TPE:2375 with a GF Score™ of 60/100 and a GF Value™ of NT$74.58 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 2,457 Hardware companies, Kaimei Electronic ranks worse than 60.72% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Kaimei Electronic's Gross Profit for the three months ended in Dec. 2025 was NT$260 Mil. Kaimei Electronic's Revenue for the three months ended in Dec. 2025 was NT$1,340 Mil. Therefore, Kaimei Electronic's Gross Margin % for the quarter that ended in Dec. 2025 was 19.39%.

Warning Sign:

Kaimei Electronic Corp gross margin has been in long-term decline. The average rate of decline per year is -4.3%.


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

TPE:2375' s Gross Margin % Range Over the Past 10 Years
Min: 15.18   Med: 18.95   Max: 25.1
Current: 20.01


During the past 13 years, the highest Gross Margin % of Kaimei Electronic was 25.10%. The lowest was 15.18%. And the median was 18.95%.

TPE:2375's Gross Margin % is ranked worse than
60.72% of 2457 companies
in the Hardware industry
Industry Median: 24.54 vs TPE:2375: 20.01

Kaimei Electronic 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 Kaimei Electronic was -4.30% per year.


Kaimei Electronic  (TPE:2375) 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

Kaimei Electronic 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.


Kaimei Electronic Gross Margin % Related Terms


Kaimei Electronic Gross Margin % Historical Data

* Premium members only.

The historical data trend for Kaimei Electronic'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.

Kaimei Electronic Gross Margin % Chart

Kaimei Electronic 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 22.74 17.43 15.18 18.77 20.01

Kaimei Electronic 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 17.55 19.82 20.70 20.07 19.39

TPE:2375 vs APH, GLW: Gross Margin % Comparison

For the Electronic Components subindustry, Kaimei Electronic'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.


Kaimei Electronic Gross Margin % vs Hardware Industry

For the Hardware industry and Technology sector, Kaimei Electronic's Gross Margin % distribution charts can be found below:

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


TPE:2375
60GF Score
Kaimei Electronic Corp TPE:2375
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Kaimei Electronic Gross Margin % Calculation

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

Kaimei Electronic'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 )
=1109.9 / 5545.491
=(Revenue - Cost of Goods Sold) / Revenue
=(5545.491 - 4435.636) / 5545.491
=20.01 %

Kaimei Electronic'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 )
=259.8 / 1340.136
=(Revenue - Cost of Goods Sold) / Revenue
=(1340.136 - 1080.323) / 1340.136
=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?
Kaimei Electronic (TPE:2375) 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 Kaimei Electronic and its competitors. This is near median its historical median of 18.95. Over the past decade, Kaimei Electronic's Gross Margin % has ranged from 15.18 to 25.10. According to the industry distribution chart, Kaimei Electronic ranks #1492 out of 2457 companies in the Hardware industry, placing it in the top 60.7%.
Is Kaimei Electronic's Gross Margin % too high?
Kaimei Electronic's current Gross Margin % of 19.39% is near median its 10-year median of 18.95. Over the past 10 years, this metric has ranged from a low of 15.18 to a high of 25.10. The Hardware industry median Gross Margin % is 24.54. Kaimei Electronic's value of 19.39% is 21% below this industry median. Based on the distribution chart, Kaimei Electronic ranks #1492 out of 2457 companies in the Hardware industry, which is below the industry midpoint. Overall, Kaimei Electronic has a GF Score™ of 60/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Kaimei Electronic's Gross Margin % compare to APH and GLW?
According to the Hardware industry distribution chart, Kaimei Electronic ranks #1492 out of 2457 companies for Gross Margin %. This places Kaimei Electronic in the lower half of its industry. The industry median Gross Margin % is 24.54. Kaimei Electronic's value of 19.39% is 21% below this benchmark. Historically, Kaimei Electronic's own Gross Margin % has ranged from 15.18 to 25.10 over the past decade. While the company's 10-year median is 18.95 vs. the industry median of 24.54, Kaimei Electronic 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 Hardware company?
The median Gross Margin % among Hardware companies is 24.54, based on 2,457 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. Kaimei Electronic's current Gross Margin % of 19.39% is 21% 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 Kaimei Electronic and its competitors. For the Hardware industry, the median Gross Margin % is 24.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kaimei Electronic's current Gross Margin % is 19.39%, which is near median its own 10-year median of 18.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kaimei Electronic stock overvalued right now?
Based on GuruFocus' analysis, Kaimei Electronic (TPE:2375) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$74.58, compared to a current price of NT$172.00 — trading 130.6% above its estimated fair value. The current Gross Margin % is 19.39%, which is near median its 10-year median of 18.95 and 21% below the Hardware industry median of 24.54. Kaimei Electronic's overall GF Score™ is 60/100 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 Kaimei Electronic (TPE:2375), 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 Kaimei Electronic (TPE:2375) Overvalued in 2026?

Based on GuruFocus' analysis, Kaimei Electronic stock appears to be overvalued. The current stock price of NT$172.00 is trading 130.6% above its estimated GF Value™ of NT$74.58. GuruFocus considers Kaimei Electronic to be Significantly Overvalued.

Key valuation signals for TPE:2375:

  • Gross Margin %: 19.39% (near median its 10-year median of 18.95)
  • GF Value™: NT$74.58 vs. price of NT$172.00 (130.6% above fair value)
  • GF Score™: 60/100 with 4 warning signs
  • Industry Position: 21% below the Hardware median (#1492 of 2457)

No single metric tells the full story. See the TPE:2375 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Kaimei Electronic Business Description

Address Section 1, Xintai 5th Road, 13th Floor, No. 81, Xizhi District, New Taipei City, TWN, 22101
Kaimei Electronic Corp is engaged in the manufacturing and sale of capacitors. Its products portfolio includes Polymer solid aluminum electrolytic capacitors, Polymer Hybrid Aluminum Electrolytic Capacitor, and Liquid aluminum electrolytic capacitors; DC fan, DC blower, AC fan, and accessories. It operates in two reporting departments: capacitor and fan department and resistor department, which provides the product design, manufacture and sales in their respective areas. The capacitor and fan department derives the majority of revenue. Geographically, it operates in Hong Kong and China, Taiwan and other Asia Pacific regions, Europe, Americas, and Others with majority of revenue deriving from Hong Kong and China.
60GF Score

Get the complete analysis for TPE:2375

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

NT$172.00
Price
NT$74.58
GF Value