Myoung Shin Industry Co (XKRX:009900) Gross Margin %: 12.40% (As of Jun. 2026) — Near Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

XKRX:009900 Myoung Shin Industry Co Ltd XKRX:009900
89 GF Score
Price ₩8,150.00
GF Value ₩11,852.83
Valuation Significantly Undervalued
! 3 Warning Signs
View Full Analysis

What is Myoung Shin Industry Co Gross Margin %?

Myoung Shin Industry Co XKRX:009900 -1.09% 89 Gross Margin % is 12.40% as of Jun. 2026, which is 6% below its 10-year median of 13.16. GuruFocus rates XKRX:009900 with a GF Score™ of 89/100 and a GF Value™ of ₩11,852.83 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 1,318 Vehicles & Parts companies, Myoung Shin Industry Co ranks worse than 84.98% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Myoung Shin Industry Co's Gross Profit for the three months ended in Jun. 2026 was ₩61,645 Mil. Myoung Shin Industry Co's Revenue for the three months ended in Jun. 2026 was ₩497,054 Mil. Therefore, Myoung Shin Industry Co's Gross Margin % for the quarter that ended in Jun. 2026 was 12.40%.


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

XKRX:009900' s Gross Margin % Range Over the Past 10 Years
Min: 9.25   Med: 13.16   Max: 16.54
Current: 10.87


During the past 13 years, the highest Gross Margin % of Myoung Shin Industry Co was 16.54%. The lowest was 9.25%. And the median was 13.16%.

XKRX:009900's Gross Margin % is ranked worse than
84.98% of 1318 companies
in the Vehicles & Parts industry
Industry Median: 20.02 vs XKRX:009900: 10.87

Myoung Shin Industry Co had a gross margin of 12.40% for the quarter that ended in Jun. 2026 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Myoung Shin Industry Co was 2.80% per year.


Myoung Shin Industry Co  (XKRX:009900) 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

Myoung Shin Industry Co had a gross margin of 12.40% for the quarter that ended in Jun. 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.


Myoung Shin Industry Co Gross Margin % Related Terms


Myoung Shin Industry Co Gross Margin % Historical Data

* Premium members only.

The historical data trend for Myoung Shin Industry 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.

Myoung Shin Industry Co Gross Margin % Chart

Myoung Shin Industry 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 9.25 13.30 16.40 14.27 11.28

Myoung Shin Industry Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 10.90 12.92 7.96 9.77 12.40

XKRX:009900 vs ORLY, AZO, GPC: Gross Margin % Comparison

For the Auto Parts subindustry, Myoung Shin Industry 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.


Myoung Shin Industry Co Gross Margin % vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Myoung Shin Industry Co's Gross Margin % distribution charts can be found below:

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


XKRX:009900
89GF Score
Myoung Shin Industry Co Ltd XKRX:009900
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Myoung Shin Industry Co Gross Margin % Calculation

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

Myoung Shin Industry 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 )
=182617.4 / 1619154.582
=(Revenue - Cost of Goods Sold) / Revenue
=(1619154.582 - 1436537.146) / 1619154.582
=11.28 %

Myoung Shin Industry Co's Gross Margin for the quarter that ended in Jun. 2026 is calculated as


Gross Margin % (Q: Jun. 2026 )=Gross Profit (Q: Jun. 2026 ) / Revenue (Q: Jun. 2026 )
=61645.1 / 497054.35
=(Revenue - Cost of Goods Sold) / Revenue
=(497054.35 - 435409.277) / 497054.35
=12.40 %

* 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 12.40% mean?
Myoung Shin Industry Co (XKRX:009900) has a Gross Margin % of 12.40% as of Jun. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Myoung Shin Industry Co and its competitors. This is near median its historical median of 13.16. Over the past decade, Myoung Shin Industry Co's Gross Margin % has ranged from 9.25 to 16.54. According to the industry distribution chart, Myoung Shin Industry Co ranks #1120 out of 1318 companies in the Vehicles & Parts industry, placing it in the top 85%.
Is Myoung Shin Industry Co's Gross Margin % too high?
Myoung Shin Industry Co's current Gross Margin % of 12.40% is near median its 10-year median of 13.16. Over the past 10 years, this metric has ranged from a low of 9.25 to a high of 16.54. The Vehicles & Parts industry median Gross Margin % is 20.02. Myoung Shin Industry Co's value of 12.40% is 38.1% below this industry median. Based on the distribution chart, Myoung Shin Industry Co ranks #1120 out of 1318 companies in the Vehicles & Parts industry, which is in the bottom quartile relative to peers. Overall, Myoung Shin Industry Co has a GF Score™ of 89/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Myoung Shin Industry Co's Gross Margin % compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Myoung Shin Industry Co ranks #1120 out of 1318 companies for Gross Margin %. This places Myoung Shin Industry Co in the lower half of its industry. The industry median Gross Margin % is 20.02. Myoung Shin Industry Co's value of 12.40% is 38.1% below this benchmark. Historically, Myoung Shin Industry Co's own Gross Margin % has ranged from 9.25 to 16.54 over the past decade. While the company's 10-year median is 13.16 vs. the industry median of 20.02, Myoung Shin Industry 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 a Vehicles & Parts company?
The median Gross Margin % among Vehicles & Parts companies is 20.02, based on 1,318 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. Myoung Shin Industry Co's current Gross Margin % of 12.40% is 38.1% 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 Myoung Shin Industry Co and its competitors. For the Vehicles & Parts industry, the median Gross Margin % is 20.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Myoung Shin Industry Co's current Gross Margin % is 12.40%, which is near median its own 10-year median of 13.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Myoung Shin Industry Co stock overvalued right now?
Based on GuruFocus' analysis, Myoung Shin Industry Co (XKRX:009900) is currently considered Significantly Undervalued. The stock's GF Value™ is ₩11,852.83, compared to a current price of ₩8,150.00 — trading 31.2% below its estimated fair value. The current Gross Margin % is 12.40%, which is near median its 10-year median of 13.16 and 38.1% below the Vehicles & Parts industry median of 20.02. Myoung Shin Industry Co's overall GF Score™ is 89/100 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 Myoung Shin Industry Co (XKRX:009900), the current Gross Margin % is 12.40% as of Jun. 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 Myoung Shin Industry Co (XKRX:009900) Overvalued in 2026?

Based on GuruFocus' analysis, Myoung Shin Industry Co stock appears to be undervalued. The current stock price of ₩8,150.00 is trading 31.2% below its estimated GF Value™ of ₩11,852.83. GuruFocus considers Myoung Shin Industry Co to be Significantly Undervalued.

Key valuation signals for XKRX:009900:

  • Gross Margin %: 12.40% (near median its 10-year median of 13.16)
  • GF Value™: ₩11,852.83 vs. price of ₩8,150.00 (31.2% below fair value)
  • GF Score™: 89/100 with 3 warning signs
  • Industry Position: 38.1% below the Vehicles & Parts median (#1120 of 1318)

No single metric tells the full story. See the XKRX:009900 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Myoung Shin Industry Co Business Description

Address 91, Cheonbuksandan-ro, Cheonbuk-myeon, Gyeongsangbuk-do, Gyeongju-si, KOR
Myoung Shin Industry Co Ltd operates in the automobile body parts and strives manufacturing industry.
89GF Score

Get the complete analysis for XKRX:009900

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

₩8,150.00
Price
₩11,852.83
GF Value