Chicony Electronics Co (TPE:2385) Gross Margin %: 16.76% (As of Dec. 2025) — Near Median


TPE:2385 Chicony Electronics Co Ltd TPE:2385
79 GF Score
Price NT$105.50
GF Value NT$142.16
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Chicony Electronics Co Gross Margin %?

Chicony Electronics Co TPE:2385 -1.40% 79 Gross Margin % is 16.76% as of Dec. 2025, which is 5% below its 10-year median of 17.69. GuruFocus rates TPE:2385 with a GF Score™ of 79/100 and a GF Value™ of NT$142.16 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 2,453 Hardware companies, Chicony Electronics Co ranks worse than 65.47% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Chicony Electronics Co's Gross Profit for the three months ended in Dec. 2025 was NT$3,867 Mil. Chicony Electronics Co's Revenue for the three months ended in Dec. 2025 was NT$23,077 Mil. Therefore, Chicony Electronics Co's Gross Margin % for the quarter that ended in Dec. 2025 was 16.76%.


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

TPE:2385' s Gross Margin % Range Over the Past 10 Years
Min: 14.46   Med: 17.69   Max: 20.17
Current: 18.03


During the past 13 years, the highest Gross Margin % of Chicony Electronics Co was 20.17%. The lowest was 14.46%. And the median was 17.69%.

TPE:2385's Gross Margin % is ranked worse than
65.47% of 2453 companies
in the Hardware industry
Industry Median: 24.52 vs TPE:2385: 18.03

Chicony Electronics Co had a gross margin of 16.76% for the quarter that ended in Dec. 2025 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Chicony Electronics Co was 0.90% per year.


Chicony Electronics Co  (TPE:2385) 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

Chicony Electronics Co had a gross margin of 16.76% 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.


Chicony Electronics Co Gross Margin % Related Terms


Chicony Electronics Co Gross Margin % Historical Data

* Premium members only.

The historical data trend for Chicony Electronics 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.

Chicony Electronics Co Gross Margin % Chart

Chicony Electronics 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 17.59 17.78 19.35 20.17 18.03

Chicony Electronics 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 19.51 18.50 17.73 19.05 16.76

TPE:2385 vs SNDK, DELL, STX: Gross Margin % Comparison

For the Computer Hardware subindustry, Chicony Electronics 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.


Chicony Electronics Co Gross Margin % vs Hardware Industry

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

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


TPE:2385
79GF Score
Chicony Electronics Co Ltd TPE:2385
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Chicony Electronics Co Gross Margin % Calculation

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

Chicony Electronics 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 )
=17244.4 / 95660.609
=(Revenue - Cost of Goods Sold) / Revenue
=(95660.609 - 78416.164) / 95660.609
=18.03 %

Chicony Electronics 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 )
=3867 / 23076.721
=(Revenue - Cost of Goods Sold) / Revenue
=(23076.721 - 19209.674) / 23076.721
=16.76 %

* 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 16.76% mean?
Chicony Electronics Co (TPE:2385) has a Gross Margin % of 16.76% as of Dec. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on Chicony Electronics Co and its competitors. This is near median its historical median of 17.69. Over the past decade, Chicony Electronics Co's Gross Margin % has ranged from 14.46 to 20.17. According to the industry distribution chart, Chicony Electronics Co ranks #1606 out of 2453 companies in the Hardware industry, placing it in the top 65.5%.
Is Chicony Electronics Co's Gross Margin % too high?
Chicony Electronics Co's current Gross Margin % of 16.76% is near median its 10-year median of 17.69. Over the past 10 years, this metric has ranged from a low of 14.46 to a high of 20.17. The Hardware industry median Gross Margin % is 24.52. Chicony Electronics Co's value of 16.76% is 31.6% below this industry median. Based on the distribution chart, Chicony Electronics Co ranks #1606 out of 2453 companies in the Hardware industry, which is below the industry midpoint. Overall, Chicony Electronics Co has a GF Score™ of 79/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Chicony Electronics Co's Gross Margin % compare to SNDK and DELL?
According to the Hardware industry distribution chart, Chicony Electronics Co ranks #1606 out of 2453 companies for Gross Margin %. This places Chicony Electronics Co in the lower half of its industry. The industry median Gross Margin % is 24.52. Chicony Electronics Co's value of 16.76% is 31.6% below this benchmark. Historically, Chicony Electronics Co's own Gross Margin % has ranged from 14.46 to 20.17 over the past decade. While the company's 10-year median is 17.69 vs. the industry median of 24.52, Chicony Electronics 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 Hardware company?
The median Gross Margin % among Hardware companies is 24.52, based on 2,453 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. Chicony Electronics Co's current Gross Margin % of 16.76% is 31.6% 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 Chicony Electronics Co and its competitors. For the Hardware industry, the median Gross Margin % is 24.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Chicony Electronics Co's current Gross Margin % is 16.76%, which is near median its own 10-year median of 17.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chicony Electronics Co stock overvalued right now?
Based on GuruFocus' analysis, Chicony Electronics Co (TPE:2385) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$142.16, compared to a current price of NT$105.50 — trading 25.8% below its estimated fair value. The current Gross Margin % is 16.76%, which is near median its 10-year median of 17.69 and 31.6% below the Hardware industry median of 24.52. Chicony Electronics Co's overall GF Score™ is 79/100 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 Chicony Electronics Co (TPE:2385), the current Gross Margin % is 16.76% 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 Chicony Electronics Co (TPE:2385) Overvalued in 2026?

Based on GuruFocus' analysis, Chicony Electronics Co stock appears to be undervalued. The current stock price of NT$105.50 is trading 25.8% below its estimated GF Value™ of NT$142.16. GuruFocus considers Chicony Electronics Co to be Modestly Undervalued.

Key valuation signals for TPE:2385:

  • Gross Margin %: 16.76% (near median its 10-year median of 17.69)
  • GF Value™: NT$142.16 vs. price of NT$105.50 (25.8% below fair value)
  • GF Score™: 79/100 with 5 warning signs
  • Industry Position: 31.6% below the Hardware median (#1606 of 2453)

No single metric tells the full story. See the TPE:2385 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Chicony Electronics Co Business Description

Address Guangfu Road, No. 69, Section 2, Sanchong District, New Taipei, TWN, 24158
Chicony Electronics Co Ltd is engaged in the manufacturing and sales of keyboards and other computer peripheral components. The company has manufacturing bases in Suzhou, Dongguan, and Chongqing in China and in the Czech Republic. The company also has branches in the United States and Japan. Its business centers around the manufacture of computer peripheral products and video-image products. The company's inventories are keyboards, mouses, switching power supplies, lens modules, and other computer information-related peripherals and components. Geographically, it generates the majority of its revenue from Taiwan.
79GF Score

Get the complete analysis for TPE:2385

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

NT$105.50
Price
NT$142.16
GF Value