Hsin BA BaTPE:9906 -2.65%58 Gross Margin % is 38.98% as of Dec. 2025, which is 45% above its 10-year median of 26.92. GuruFocus rates TPE:9906 with a GF Score™ of 58/100 and a GF Value™ of NT$23.34 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 1,719 Construction companies, Hsin BA Ba ranks better than 72.77% on this metric.
Gross Margin % is calculated as gross profit divided by its revenue. Hsin BA Ba's Gross Profit for the
three
months ended in Dec. 2025 was NT$341 Mil. Hsin BA Ba's Revenue for the
three
months ended in Dec. 2025 was NT$875 Mil. Therefore, Hsin BA Ba's Gross Margin % for the quarter that ended in Dec. 2025 was 38.98%.
The historical rank and industry rank for Hsin BA Ba's Gross Margin % or its related term are showing as below:
TPE:9906'
s Gross Margin % Range Over the Past 10 Years
Min: 20.49 Med: 26.92 Max: 32.83
Current: 32.83
During the past 13 years, the highestGross Margin % of Hsin BA Ba was 32.83%. The lowest was 20.49%. And the median was 26.92%.
TPE:9906's Gross Margin % is ranked better than 72.77% of 1719
companies
in the Construction industry
Industry Median: 20.71
vs TPE:9906: 32.83
Hsin BA Ba had a gross margin of 38.98% for the quarter that ended in Dec. 2025 => Competition eroding margins
The 5-Year average Growth Rate of Gross Margin for Hsin BA Ba was 3.30% per year.
Hsin BA Ba (TPE:9906) 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
Hsin BA Ba had a gross margin of 38.98% for the quarter that ended in Dec. 2025 => 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.
Hsin BA Ba Gross Margin % Related Terms
Hsin BA Ba Gross Margin % Historical Data
* Premium members only.
The historical data trend for Hsin BA Ba'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.
TPE:9906 vs PWR, FIX, EME: Gross Margin % Comparison
For the Engineering & Construction subindustry, Hsin BA Ba'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.
Hsin BA Ba Gross Margin % vs Construction Industry
For the Construction industry and Industrials sector, Hsin BA Ba's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Hsin BA Ba's Gross Margin % falls into.
* 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.
Hsin BA Ba (TPE:9906) has a Gross Margin % of 38.98% as of Dec. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on Hsin BA Ba and its competitors. This is 45% above median its historical median of 26.92. Over the past decade, Hsin BA Ba's Gross Margin % has ranged from 20.49 to 32.83. According to the industry distribution chart, Hsin BA Ba ranks #468 out of 1719 companies in the Construction industry, placing it in the top 27.2%.
Is Hsin BA Ba's Gross Margin % too high?
Hsin BA Ba's current Gross Margin % of 38.98% is 45% above median its 10-year median of 26.92. Over the past 10 years, this metric has ranged from a low of 20.49 to a high of 32.83. The Construction industry median Gross Margin % is 20.71. Hsin BA Ba's value of 38.98% is 88.2% above this industry median. Based on the distribution chart, Hsin BA Ba ranks #468 out of 1719 companies in the Construction industry, which is above the industry midpoint. Overall, Hsin BA Ba has a GF Score™ of 58/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hsin BA Ba's Gross Margin % compare to PWR and FIX?
According to the Construction industry distribution chart, Hsin BA Ba ranks #468 out of 1719 companies for Gross Margin %. This puts Hsin BA Ba in the upper half of its industry. The industry median Gross Margin % is 20.71. Hsin BA Ba's value of 38.98% is 88.2% above this benchmark. Historically, Hsin BA Ba's own Gross Margin % has ranged from 20.49 to 32.83 over the past decade. While the company's 10-year median is 26.92 vs. the industry median of 20.71, Hsin BA Ba 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 Construction company?
The median Gross Margin % among Construction companies is 20.71, based on 1,719 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. Hsin BA Ba's current Gross Margin % of 38.98% is 88.2% 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 Hsin BA Ba and its competitors. For the Construction industry, the median Gross Margin % is 20.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hsin BA Ba's current Gross Margin % is 38.98%, which is 45% above median its own 10-year median of 26.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hsin BA Ba stock overvalued right now?
Based on GuruFocus' analysis, Hsin BA Ba (TPE:9906) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$23.34, compared to a current price of NT$40.35 — trading 72.9% above its estimated fair value. The current Gross Margin % is 38.98%, which is 45% above median its 10-year median of 26.92 and 88.2% above the Construction industry median of 20.71. Hsin BA Ba's overall GF Score™ is 58/100 with 8 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 Hsin BA Ba (TPE:9906), the current Gross Margin % is 38.98% 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 Hsin BA Ba (TPE:9906) Overvalued in 2026?
Based on GuruFocus' analysis, Hsin BA Ba stock appears to be overvalued.
The current stock price of NT$40.35 is trading 72.9% above its estimated GF Value™ of NT$23.34.
GuruFocus considers Hsin BA Ba to be Significantly Overvalued.
Key valuation signals for TPE:9906:
Gross Margin %: 38.98% (45% above median its 10-year median of 26.92)
GF Value™: NT$23.34 vs. price of NT$40.35 (72.9% above fair value)
Industry Position: 88.2% above the Construction median (#468 of 1719)
No single metric tells the full story. See the TPE:9906 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hsin BA Ba Corp is engaged in designing, planning, and selling commercial and residential buildings. It also provides interior designing services and construction contracting services.
58GF Score
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Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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