Space Shuttle Hi-Tech Co (TPE:2440) Gross Margin %: 4.12% (As of Dec. 2025) — 32% Below Median


TPE:2440 Space Shuttle Hi-Tech Co Ltd TPE:2440
68 GF Score
Price NT$16.65
GF Value NT$14.20
Valuation Modestly Overvalued
! 10 Warning Signs
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What is Space Shuttle Hi-Tech Co Gross Margin %?

Space Shuttle Hi-Tech Co TPE:2440 68 Gross Margin % is 4.12% as of Dec. 2025, which is 32% below its 10-year median of 6.07. GuruFocus rates TPE:2440 with a GF Score™ of 68/100 and a GF Value™ of NT$14.20 (Modestly Overvalued). The stock has 10 warning signs investors should review. Among 2,992 Industrial Products companies, Space Shuttle Hi-Tech Co ranks worse than 95.76% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Space Shuttle Hi-Tech Co's Gross Profit for the three months ended in Dec. 2025 was NT$37 Mil. Space Shuttle Hi-Tech Co's Revenue for the three months ended in Dec. 2025 was NT$901 Mil. Therefore, Space Shuttle Hi-Tech Co's Gross Margin % for the quarter that ended in Dec. 2025 was 4.12%.

Warning Sign:

Space Shuttle Hi-Tech Co Ltd gross margin has been in long-term decline. The average rate of decline per year is -18.9%.


The historical rank and industry rank for Space Shuttle Hi-Tech Co's Gross Margin % or its related term are showing as below:

TPE:2440' s Gross Margin % Range Over the Past 10 Years
Min: 2.34   Med: 6.07   Max: 9.94
Current: 3.8


During the past 13 years, the highest Gross Margin % of Space Shuttle Hi-Tech Co was 9.94%. The lowest was 2.34%. And the median was 6.07%.

TPE:2440's Gross Margin % is ranked worse than
95.76% of 2992 companies
in the Industrial Products industry
Industry Median: 26.82 vs TPE:2440: 3.80

Space Shuttle Hi-Tech Co had a gross margin of 4.12% for the quarter that ended in Dec. 2025 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Space Shuttle Hi-Tech Co was -18.90% per year.


Space Shuttle Hi-Tech Co  (TPE:2440) 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

Space Shuttle Hi-Tech Co had a gross margin of 4.12% 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.


Space Shuttle Hi-Tech Co Gross Margin % Related Terms


Space Shuttle Hi-Tech Co Gross Margin % Historical Data

* Premium members only.

The historical data trend for Space Shuttle Hi-Tech 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.

Space Shuttle Hi-Tech Co Gross Margin % Chart

Space Shuttle Hi-Tech 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 7.35 5.97 2.34 3.66 3.80

Space Shuttle Hi-Tech 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 4.01 3.91 4.16 2.98 4.12

TPE:2440 vs VRT, BE: Gross Margin % Comparison

For the Electrical Equipment & Parts subindustry, Space Shuttle Hi-Tech 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.


Space Shuttle Hi-Tech Co Gross Margin % vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Space Shuttle Hi-Tech Co's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Space Shuttle Hi-Tech Co's Gross Margin % falls into.


TPE:2440
68GF Score
Space Shuttle Hi-Tech Co Ltd TPE:2440
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Space Shuttle Hi-Tech Co Gross Margin % Calculation

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

Space Shuttle Hi-Tech 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 )
=132.7 / 3489.466
=(Revenue - Cost of Goods Sold) / Revenue
=(3489.466 - 3356.748) / 3489.466
=3.80 %

Space Shuttle Hi-Tech 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 )
=37.1 / 900.592
=(Revenue - Cost of Goods Sold) / Revenue
=(900.592 - 863.527) / 900.592
=4.12 %

* 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 4.12% mean?
Space Shuttle Hi-Tech Co (TPE:2440) has a Gross Margin % of 4.12% as of Dec. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on Space Shuttle Hi-Tech Co and its competitors. This is 32% below median its historical median of 6.07. Over the past decade, Space Shuttle Hi-Tech Co's Gross Margin % has ranged from 2.34 to 9.94. According to the industry distribution chart, Space Shuttle Hi-Tech Co ranks #2865 out of 2992 companies in the Industrial Products industry, placing it in the top 95.8%.
Is Space Shuttle Hi-Tech Co's Gross Margin % too high?
Space Shuttle Hi-Tech Co's current Gross Margin % of 4.12% is 32% below median its 10-year median of 6.07. Over the past 10 years, this metric has ranged from a low of 2.34 to a high of 9.94. The Industrial Products industry median Gross Margin % is 26.82. Space Shuttle Hi-Tech Co's value of 4.12% is 84.6% below this industry median. Based on the distribution chart, Space Shuttle Hi-Tech Co ranks #2865 out of 2992 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Space Shuttle Hi-Tech Co has a GF Score™ of 68/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Space Shuttle Hi-Tech Co's Gross Margin % compare to VRT and BE?
According to the Industrial Products industry distribution chart, Space Shuttle Hi-Tech Co ranks #2865 out of 2992 companies for Gross Margin %. This places Space Shuttle Hi-Tech Co in the lower half of its industry. The industry median Gross Margin % is 26.82. Space Shuttle Hi-Tech Co's value of 4.12% is 84.6% below this benchmark. Historically, Space Shuttle Hi-Tech Co's own Gross Margin % has ranged from 2.34 to 9.94 over the past decade. While the company's 10-year median is 6.07 vs. the industry median of 26.82, Space Shuttle Hi-Tech 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 an Industrial Products company?
The median Gross Margin % among Industrial Products companies is 26.82, based on 2,992 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. Space Shuttle Hi-Tech Co's current Gross Margin % of 4.12% is 84.6% 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 Space Shuttle Hi-Tech Co and its competitors. For the Industrial Products industry, the median Gross Margin % is 26.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Space Shuttle Hi-Tech Co's current Gross Margin % is 4.12%, which is 32% below median its own 10-year median of 6.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Space Shuttle Hi-Tech Co stock overvalued right now?
Based on GuruFocus' analysis, Space Shuttle Hi-Tech Co (TPE:2440) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$14.20, compared to a current price of NT$16.65 — trading 17.3% above its estimated fair value. The current Gross Margin % is 4.12%, which is 32% below median its 10-year median of 6.07 and 84.6% below the Industrial Products industry median of 26.82. Space Shuttle Hi-Tech Co's overall GF Score™ is 68/100 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 Space Shuttle Hi-Tech Co (TPE:2440), the current Gross Margin % is 4.12% 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 Space Shuttle Hi-Tech Co (TPE:2440) Overvalued in 2026?

Based on GuruFocus' analysis, Space Shuttle Hi-Tech Co stock appears to be overvalued. The current stock price of NT$16.65 is trading 17.3% above its estimated GF Value™ of NT$14.20. GuruFocus considers Space Shuttle Hi-Tech Co to be Modestly Overvalued.

Key valuation signals for TPE:2440:

  • Gross Margin %: 4.12% (32% below median its 10-year median of 6.07)
  • GF Value™: NT$14.20 vs. price of NT$16.65 (17.3% above fair value)
  • GF Score™: 68/100 with 10 warning signs
  • Industry Position: 84.6% below the Industrial Products median (#2865 of 2992)

No single metric tells the full story. See the TPE:2440 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Space Shuttle Hi-Tech Co Business Description

Address Huanke 1ST Road, 9th floor-2, Number 23, Hsinchu County, Zhubei, TWN
Space Shuttle Hi-Tech Co Ltd is engaged in the reprocessing of copper and the manufacturing and sales of information transmission cables. The company generates the majority of its revenues from the re-processing and re-manufacturing of various copper materials, the production and sales of information transmission wires, and the manufacturing and sales of related products. The company mainly operates in Asia, hence all the revenue come from Asia itself.
68GF Score

Get the complete analysis for TPE:2440

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

NT$16.65
Price
NT$14.20
GF Value