Hanpin Electron Co (TPE:2488) Gross Margin %: 24.51% (As of Mar. 2026) — Near Median

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TPE:2488 Hanpin Electron Co Ltd TPE:2488
79 GF Score
Price NT$48.25
GF Value NT$46.10
Valuation Fairly Valued
! 2 Warning Signs
View Full Analysis

What is Hanpin Electron Co Gross Margin %?

Hanpin Electron Co TPE:2488 -5.02% 79 Gross Margin % is 24.51% as of Mar. 2026, which is 4% above its 10-year median of 23.51. GuruFocus rates TPE:2488 with a GF Score™ of 79/100 and a GF Value™ of NT$46.10 (Fairly Valued). The stock has 2 warning signs investors should review. Among 2,451 Hardware companies, Hanpin Electron Co ranks worse than 54.59% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Hanpin Electron Co's Gross Profit for the three months ended in Mar. 2026 was NT$147 Mil. Hanpin Electron Co's Revenue for the three months ended in Mar. 2026 was NT$600 Mil. Therefore, Hanpin Electron Co's Gross Margin % for the quarter that ended in Mar. 2026 was 24.51%.


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

TPE:2488' s Gross Margin % Range Over the Past 10 Years
Min: 16.83   Med: 23.51   Max: 27.35
Current: 22.75


During the past 13 years, the highest Gross Margin % of Hanpin Electron Co was 27.35%. The lowest was 16.83%. And the median was 23.51%.

TPE:2488's Gross Margin % is ranked worse than
54.59% of 2451 companies
in the Hardware industry
Industry Median: 24.49 vs TPE:2488: 22.75

Hanpin Electron Co had a gross margin of 24.51% for the quarter that ended in Mar. 2026 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Hanpin Electron Co was 4.40% per year.


Hanpin Electron Co  (TPE:2488) 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

Hanpin Electron Co had a gross margin of 24.51% for the quarter that ended in Mar. 2026 => Competition eroding margins


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.


Hanpin Electron Co Gross Margin % Related Terms


Hanpin Electron Co Gross Margin % Historical Data

* Premium members only.

The historical data trend for Hanpin Electron 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.

Hanpin Electron Co Gross Margin % Chart

Hanpin Electron 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 16.83 20.59 26.73 24.35 22.93

Hanpin Electron Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 25.46 23.66 23.27 19.83 24.51

TPE:2488 vs AAPL: Gross Margin % Comparison

For the Consumer Electronics subindustry, Hanpin Electron 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.


Hanpin Electron Co Gross Margin % vs Hardware Industry

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

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


TPE:2488
79GF Score
Hanpin Electron Co Ltd TPE:2488
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hanpin Electron Co Gross Margin % Calculation

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

Hanpin Electron 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 )
=660.9 / 2882.427
=(Revenue - Cost of Goods Sold) / Revenue
=(2882.427 - 2221.487) / 2882.427
=22.93 %

Hanpin Electron Co's Gross Margin for the quarter that ended in Mar. 2026 is calculated as


Gross Margin % (Q: Mar. 2026 )=Gross Profit (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=147 / 600.007
=(Revenue - Cost of Goods Sold) / Revenue
=(600.007 - 452.958) / 600.007
=24.51 %

* 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 24.51% mean?
Hanpin Electron Co (TPE:2488) has a Gross Margin % of 24.51% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Hanpin Electron Co and its competitors. This is near median its historical median of 23.51. Over the past decade, Hanpin Electron Co's Gross Margin % has ranged from 16.83 to 27.35. According to the industry distribution chart, Hanpin Electron Co ranks #1338 out of 2451 companies in the Hardware industry, placing it in the top 54.6%.
Is Hanpin Electron Co's Gross Margin % too high?
Hanpin Electron Co's current Gross Margin % of 24.51% is near median its 10-year median of 23.51. Over the past 10 years, this metric has ranged from a low of 16.83 to a high of 27.35. The Hardware industry median Gross Margin % is 24.49. Hanpin Electron Co's value of 24.51% is 0.1% above this industry median. Based on the distribution chart, Hanpin Electron Co ranks #1338 out of 2451 companies in the Hardware industry, which is below the industry midpoint. Overall, Hanpin Electron Co has a GF Score™ of 79/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Hanpin Electron Co's Gross Margin % compare to AAPL?
According to the Hardware industry distribution chart, Hanpin Electron Co ranks #1338 out of 2451 companies for Gross Margin %. This places Hanpin Electron Co in the lower half of its industry. The industry median Gross Margin % is 24.49. Hanpin Electron Co's value of 24.51% is 0.1% above this benchmark. Historically, Hanpin Electron Co's own Gross Margin % has ranged from 16.83 to 27.35 over the past decade. While the company's 10-year median is 23.51 vs. the industry median of 24.49, Hanpin Electron Co has consistently been above 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 24.49, based on 2,451 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. Hanpin Electron Co's current Gross Margin % of 24.51% is 0.1% above 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 Hanpin Electron Co and its competitors. For the Hardware industry, the median Gross Margin % is 24.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hanpin Electron Co's current Gross Margin % is 24.51%, which is near median its own 10-year median of 23.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hanpin Electron Co stock overvalued right now?
Based on GuruFocus' analysis, Hanpin Electron Co (TPE:2488) is currently considered Fairly Valued. The stock's GF Value™ is NT$46.10, compared to a current price of NT$48.25 — trading 4.7% above its estimated fair value. The current Gross Margin % is 24.51%, which is near median its 10-year median of 23.51 and 0.1% above the Hardware industry median of 24.49. Hanpin Electron Co's overall GF Score™ is 79/100 with 2 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 Hanpin Electron Co (TPE:2488), the current Gross Margin % is 24.51% as of Mar. 2026. 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 Hanpin Electron Co (TPE:2488) Overvalued in 2026?

Based on GuruFocus' analysis, Hanpin Electron Co stock appears to be overvalued. The current stock price of NT$48.25 is trading 4.7% above its estimated GF Value™ of NT$46.10. GuruFocus considers Hanpin Electron Co to be Fairly Valued.

Key valuation signals for TPE:2488:

  • Gross Margin %: 24.51% (near median its 10-year median of 23.51)
  • GF Value™: NT$46.10 vs. price of NT$48.25 (4.7% above fair value)
  • GF Score™: 79/100 with 2 warning signs
  • Industry Position: 0.1% above the Hardware median (#1338 of 2451)

No single metric tells the full story. See the TPE:2488 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hanpin Electron Co Business Description

Address No. 256, Section 3, Zhongzheng Road, Rende District, Tainan, TWN
Hanpin Electron Co Ltd is engaged in the manufacture of electronic appliances, lighting equipment, data storage and processing equipment, wireless communication machinery and electronic components, the provision of international trading, product design and information software services. It operates in two segments Audio and Construction segments. Audio segment is engaged in the manufacture of audio equipment used in consumer entertainment venues, studios, personal audiovisual entertainment, schools, conference rooms, theatres and large-scale concerts. Construction segment engages in the development, leasing and sales of residential buildings, commercial buildings and industrial factories, as well as real estate sales and leasing. Audio segment derives the majority of revenue.
79GF Score

Get the complete analysis for TPE:2488

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

NT$48.25
Price
NT$46.10
GF Value