Shin Shin Co (TPE:2901) Gross Margin %: 84.77% (As of Dec. 2025) — Near Median


TPE:2901 Shin Shin Co Ltd TPE:2901
84 GF Score
Price NT$24.00
GF Value NT$27.39
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Shin Shin Co Gross Margin %?

Shin Shin Co TPE:2901 -0.21% 84 Gross Margin % is 84.77% as of Dec. 2025, which is 1% below its 10-year median of 85.40. GuruFocus rates TPE:2901 with a GF Score™ of 84/100 and a GF Value™ of NT$27.39 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,109 Retail - Cyclical companies, Shin Shin Co ranks better than 98.29% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Shin Shin Co's Gross Profit for the three months ended in Dec. 2025 was NT$28.6 Mil. Shin Shin Co's Revenue for the three months ended in Dec. 2025 was NT$33.7 Mil. Therefore, Shin Shin Co's Gross Margin % for the quarter that ended in Dec. 2025 was 84.77%.


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

TPE:2901' s Gross Margin % Range Over the Past 10 Years
Min: 80.76   Med: 85.4   Max: 88.16
Current: 85.21


During the past 13 years, the highest Gross Margin % of Shin Shin Co was 88.16%. The lowest was 80.76%. And the median was 85.40%.

TPE:2901's Gross Margin % is ranked better than
98.29% of 1109 companies
in the Retail - Cyclical industry
Industry Median: 36.37 vs TPE:2901: 85.21

Shin Shin Co had a gross margin of 84.77% for the quarter that ended in Dec. 2025 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Shin Shin Co was 0.70% per year.


Shin Shin Co  (TPE:2901) 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

Shin Shin Co had a gross margin of 84.77% for the quarter that ended in Dec. 2025 => Durable 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.


Shin Shin Co Gross Margin % Related Terms


Shin Shin Co Gross Margin % Historical Data

* Premium members only.

The historical data trend for Shin Shin 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.

Shin Shin Co Gross Margin % Chart

Shin Shin 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 80.76 81.28 84.45 85.85 85.21

Shin Shin 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 87.06 84.46 85.34 86.25 84.77

TPE:2901 vs DDS, M: Gross Margin % Comparison

For the Department Stores subindustry, Shin Shin 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.


Shin Shin Co Gross Margin % vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Shin Shin Co's Gross Margin % distribution charts can be found below:

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


TPE:2901
84GF Score
Shin Shin Co Ltd TPE:2901
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Shin Shin Co Gross Margin % Calculation

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

Shin Shin 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 )
=111.4 / 130.749
=(Revenue - Cost of Goods Sold) / Revenue
=(130.749 - 19.334) / 130.749
=85.21 %

Shin Shin 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 )
=28.6 / 33.718
=(Revenue - Cost of Goods Sold) / Revenue
=(33.718 - 5.136) / 33.718
=84.77 %

* 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 84.77% mean?
Shin Shin Co (TPE:2901) has a Gross Margin % of 84.77% as of Dec. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on Shin Shin Co and its competitors. This is near median its historical median of 85.40. Over the past decade, Shin Shin Co's Gross Margin % has ranged from 80.76 to 88.16. According to the industry distribution chart, Shin Shin Co ranks #19 out of 1109 companies in the Retail - Cyclical industry, placing it in the top 1.7%.
Is Shin Shin Co's Gross Margin % too high?
Shin Shin Co's current Gross Margin % of 84.77% is near median its 10-year median of 85.40. Over the past 10 years, this metric has ranged from a low of 80.76 to a high of 88.16. The Retail - Cyclical industry median Gross Margin % is 36.37. Shin Shin Co's value of 84.77% is 133.1% above this industry median. Based on the distribution chart, Shin Shin Co ranks #19 out of 1109 companies in the Retail - Cyclical industry, which is in the top quartile — a strong position relative to peers. Overall, Shin Shin Co has a GF Score™ of 84/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Shin Shin Co's Gross Margin % compare to DDS and M?
According to the Retail - Cyclical industry distribution chart, Shin Shin Co ranks #19 out of 1109 companies for Gross Margin %. This places Shin Shin Co in the top 2% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 36.37. Shin Shin Co's value of 84.77% is 133.1% above this benchmark. Historically, Shin Shin Co's own Gross Margin % has ranged from 80.76 to 88.16 over the past decade. While the company's 10-year median is 85.40 vs. the industry median of 36.37, Shin Shin 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 Retail - Cyclical company?
The median Gross Margin % among Retail - Cyclical companies is 36.37, based on 1,109 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. Shin Shin Co's current Gross Margin % of 84.77% is 133.1% 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 Shin Shin Co and its competitors. For the Retail - Cyclical industry, the median Gross Margin % is 36.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shin Shin Co's current Gross Margin % is 84.77%, which is near median its own 10-year median of 85.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shin Shin Co stock overvalued right now?
Based on GuruFocus' analysis, Shin Shin Co (TPE:2901) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$27.39, compared to a current price of NT$24.00 — trading 12.4% below its estimated fair value. The current Gross Margin % is 84.77%, which is near median its 10-year median of 85.40 and 133.1% above the Retail - Cyclical industry median of 36.37. Shin Shin Co's overall GF Score™ is 84/100 with 3 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 Shin Shin Co (TPE:2901), the current Gross Margin % is 84.77% 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 Shin Shin Co (TPE:2901) Overvalued in 2026?

Based on GuruFocus' analysis, Shin Shin Co stock appears to be undervalued. The current stock price of NT$24.00 is trading 12.4% below its estimated GF Value™ of NT$27.39. GuruFocus considers Shin Shin Co to be Modestly Undervalued.

Key valuation signals for TPE:2901:

  • Gross Margin %: 84.77% (near median its 10-year median of 85.40)
  • GF Value™: NT$27.39 vs. price of NT$24.00 (12.4% below fair value)
  • GF Score™: 84/100 with 3 warning signs
  • Industry Position: 133.1% above the Retail - Cyclical median (#19 of 1109)

No single metric tells the full story. See the TPE:2901 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shin Shin Co Business Description

Address No. 247, Linsen N. Road, Zhongshan District, Taipei, TWN
Shin Shin Co Ltd is engaged in business operations including supermarkets, department store retailing, cinemas, parking lots, and property leasing. Maximum of its revenue is generated from Department store.
84GF Score

Get the complete analysis for TPE:2901

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

NT$24.00
Price
NT$27.39
GF Value