Shin Zu Shing Co (TPE:3376) Gross Margin %: 14.28% (As of Mar. 2026) — 36% Below Median


TPE:3376 Shin Zu Shing Co Ltd TPE:3376
86 GF Score
Price NT$194.00
GF Value NT$215.73
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Shin Zu Shing Co Gross Margin %?

Shin Zu Shing Co TPE:3376 86 Gross Margin % is 14.28% as of Mar. 2026, which is 36% below its 10-year median of 22.38. GuruFocus rates TPE:3376 with a GF Score™ of 86/100 and a GF Value™ of NT$215.73 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 2,992 Industrial Products companies, Shin Zu Shing Co ranks worse than 83.49% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Shin Zu Shing Co's Gross Profit for the three months ended in Mar. 2026 was NT$336 Mil. Shin Zu Shing Co's Revenue for the three months ended in Mar. 2026 was NT$2,353 Mil. Therefore, Shin Zu Shing Co's Gross Margin % for the quarter that ended in Mar. 2026 was 14.28%.

Warning Sign:

Shin Zu Shing Co Ltd gross margin has been in long-term decline. The average rate of decline per year is -8.6%.


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

TPE:3376' s Gross Margin % Range Over the Past 10 Years
Min: 13.46   Med: 22.38   Max: 27.34
Current: 13.46


During the past 13 years, the highest Gross Margin % of Shin Zu Shing Co was 27.34%. The lowest was 13.46%. And the median was 22.38%.

TPE:3376's Gross Margin % is ranked worse than
83.49% of 2992 companies
in the Industrial Products industry
Industry Median: 26.82 vs TPE:3376: 13.46

Shin Zu Shing Co had a gross margin of 14.28% for the quarter that ended in Mar. 2026 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Shin Zu Shing Co was -8.60% per year.


Shin Zu Shing Co  (TPE:3376) 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 Zu Shing Co had a gross margin of 14.28% for the quarter that ended in Mar. 2026 => 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.


Shin Zu Shing Co Gross Margin % Related Terms


Shin Zu Shing Co Gross Margin % Historical Data

* Premium members only.

The historical data trend for Shin Zu Shing 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 Zu Shing Co Gross Margin % Chart

Shin Zu Shing 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 20.09 21.16 17.93 18.47 13.95

Shin Zu Shing 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 16.05 14.19 13.60 11.53 14.28

TPE:3376 vs CRS, ATI, MLI: Gross Margin % Comparison

For the Metal Fabrication subindustry, Shin Zu Shing 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 Zu Shing Co Gross Margin % vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Shin Zu Shing Co's Gross Margin % distribution charts can be found below:

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


TPE:3376
86GF Score
Shin Zu Shing Co Ltd TPE:3376
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Shin Zu Shing Co Gross Margin % Calculation

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

Shin Zu Shing 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 )
=1496.4 / 10723.102
=(Revenue - Cost of Goods Sold) / Revenue
=(10723.102 - 9226.73) / 10723.102
=13.95 %

Shin Zu Shing 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 )
=335.9 / 2352.701
=(Revenue - Cost of Goods Sold) / Revenue
=(2352.701 - 2016.806) / 2352.701
=14.28 %

* 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 14.28% mean?
Shin Zu Shing Co (TPE:3376) has a Gross Margin % of 14.28% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Shin Zu Shing Co and its competitors. This is 36% below median its historical median of 22.38. Over the past decade, Shin Zu Shing Co's Gross Margin % has ranged from 13.46 to 27.34. According to the industry distribution chart, Shin Zu Shing Co ranks #2498 out of 2992 companies in the Industrial Products industry, placing it in the top 83.5%.
Is Shin Zu Shing Co's Gross Margin % too high?
Shin Zu Shing Co's current Gross Margin % of 14.28% is 36% below median its 10-year median of 22.38. Over the past 10 years, this metric has ranged from a low of 13.46 to a high of 27.34. The Industrial Products industry median Gross Margin % is 26.82. Shin Zu Shing Co's value of 14.28% is 46.8% below this industry median. Based on the distribution chart, Shin Zu Shing Co ranks #2498 out of 2992 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Shin Zu Shing Co has a GF Score™ of 86/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Shin Zu Shing Co's Gross Margin % compare to CRS and ATI?
According to the Industrial Products industry distribution chart, Shin Zu Shing Co ranks #2498 out of 2992 companies for Gross Margin %. This places Shin Zu Shing Co in the lower half of its industry. The industry median Gross Margin % is 26.82. Shin Zu Shing Co's value of 14.28% is 46.8% below this benchmark. Historically, Shin Zu Shing Co's own Gross Margin % has ranged from 13.46 to 27.34 over the past decade. While the company's 10-year median is 22.38 vs. the industry median of 26.82, Shin Zu Shing 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. Shin Zu Shing Co's current Gross Margin % of 14.28% is 46.8% 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 Shin Zu Shing 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. Shin Zu Shing Co's current Gross Margin % is 14.28%, which is 36% below median its own 10-year median of 22.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shin Zu Shing Co stock overvalued right now?
Based on GuruFocus' analysis, Shin Zu Shing Co (TPE:3376) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$215.73, compared to a current price of NT$194.00 — trading 10.1% below its estimated fair value. The current Gross Margin % is 14.28%, which is 36% below median its 10-year median of 22.38 and 46.8% below the Industrial Products industry median of 26.82. Shin Zu Shing Co's overall GF Score™ is 86/100 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 Shin Zu Shing Co (TPE:3376), the current Gross Margin % is 14.28% 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 Shin Zu Shing Co (TPE:3376) Overvalued in 2026?

Based on GuruFocus' analysis, Shin Zu Shing Co stock appears to be undervalued. The current stock price of NT$194.00 is trading 10.1% below its estimated GF Value™ of NT$215.73. GuruFocus considers Shin Zu Shing Co to be Modestly Undervalued.

Key valuation signals for TPE:3376:

  • Gross Margin %: 14.28% (36% below median its 10-year median of 22.38)
  • GF Value™: NT$215.73 vs. price of NT$194.00 (10.1% below fair value)
  • GF Score™: 86/100 with 5 warning signs
  • Industry Position: 46.8% below the Industrial Products median (#2498 of 2992)

No single metric tells the full story. See the TPE:3376 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shin Zu Shing Co Business Description

Address No. 174, Junying Street, Shulin District, New Taipei City, TWN, 238
Shin Zu Shing Co Ltd is engaged in research and development, design, production, assembly, testing, manufacturing, and sales of various precision springs, stamping parts, hinge components, and metal injection molding (MIM) products. It develops hinge components used in notebook computers, LCD monitors, digital cameras, and other electronic product parts. Its segments are Hinge products, which generate maximum revenue and engage in the design, manufacture, testing, and sales of hinge products for various components, including NB, LCD, and 3C hinge products and other parts such as springs and stamping parts for different types of laptops or consumer electronic products, as well as Milling products and MIM products. Geographically, it generates maximum revenue from Asia.
86GF Score

Get the complete analysis for TPE:3376

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

NT$194.00
Price
NT$215.73
GF Value