Hwa Fong Rubber Ind Co (TPE:2109) Net Margin %: 7.81% (As of Sep. 2025) — 121% Above Median


TPE:2109 Hwa Fong Rubber Ind Co Ltd TPE:2109
73 GF Score
Price NT$14.55
GF Value NT$14.80
Valuation Fairly Valued
! 3 Warning Signs
View Full Analysis

What is Hwa Fong Rubber Ind Co Net Margin %?

Hwa Fong Rubber Ind Co TPE:2109 -0.34% 73 Net Margin % is 7.81% as of Sep. 2025, which is 121% above its 10-year median of 3.53. GuruFocus rates TPE:2109 with a GF Score™ of 73/100 and a GF Value™ of NT$14.80 (Fairly Valued). The stock has 3 warning signs investors should review. Among 1,326 Vehicles & Parts companies, Hwa Fong Rubber Ind Co ranks better than 75.49% on this metric.

Net margin is calculated as Net Income divided by its Revenue. Hwa Fong Rubber Ind Co's Net Income for the three months ended in Sep. 2025 was NT$75 Mil. Hwa Fong Rubber Ind Co's Revenue for the three months ended in Sep. 2025 was NT$966 Mil. Therefore, Hwa Fong Rubber Ind Co's net margin for the quarter that ended in Sep. 2025 was 7.81%.

The historical rank and industry rank for Hwa Fong Rubber Ind Co's Net Margin % or its related term are showing as below:

TPE:2109' s Net Margin % Range Over the Past 10 Years
Min: -17   Med: 3.53   Max: 9.11
Current: 7.62


TPE:2109's Net Margin % is ranked better than
75.49% of 1326 companies
in the Vehicles & Parts industry
Industry Median: 3.205 vs TPE:2109: 7.62

Hwa Fong Rubber Ind Co  (TPE:2109) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


Hwa Fong Rubber Ind Co Net Margin % Related Terms


Hwa Fong Rubber Ind Co Net Margin % Historical Data

* Premium members only.

The historical data trend for Hwa Fong Rubber Ind Co's Net 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.

Hwa Fong Rubber Ind Co Net Margin % Chart

Hwa Fong Rubber Ind Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.61 6.53 5.44 9.04 9.11

Hwa Fong Rubber Ind Co Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25
Net 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 4.71 10.30 8.56 3.36 7.81

TPE:2109 vs ORLY, AZO: Net Margin % Comparison

For the Auto Parts subindustry, Hwa Fong Rubber Ind Co's Net Margin %, along with its competitors' market caps and Net 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.


Hwa Fong Rubber Ind Co Net Margin % vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Hwa Fong Rubber Ind Co's Net Margin % distribution charts can be found below:

* The bar in red indicates where Hwa Fong Rubber Ind Co's Net Margin % falls into.


TPE:2109
73GF Score
Hwa Fong Rubber Ind Co Ltd TPE:2109
Net Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hwa Fong Rubber Ind Co Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Hwa Fong Rubber Ind Co's Net Margin for the fiscal year that ended in Dec. 2024 is calculated as

Net Margin=Net Income (A: Dec. 2024 )/Revenue (A: Dec. 2024 )
=449.98/4940.875
=9.11 %

Hwa Fong Rubber Ind Co's Net Margin for the quarter that ended in Sep. 2025 is calculated as

Net Margin=Net Income (Q: Sep. 2025 )/Revenue (Q: Sep. 2025 )
=75.461/966.028
=7.81 %

* 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.

Frequently Asked Questions Learn more about Net Margin % →
What does a Net Margin % of 7.81% mean?
Hwa Fong Rubber Ind Co (TPE:2109) has a Net Margin % of 7.81% as of Sep. 2025. Net margin is the ratio of total net income to net sales. View historical data on Hwa Fong Rubber Ind Co and its competitors. This is 121% above median its historical median of 3.53. According to the industry distribution chart, Hwa Fong Rubber Ind Co ranks #325 out of 1326 companies in the Vehicles & Parts industry, placing it in the top 24.5%.
Is Hwa Fong Rubber Ind Co's Net Margin % too high?
Hwa Fong Rubber Ind Co's current Net Margin % of 7.81% is 121% above median its 10-year median of 3.53. The Vehicles & Parts industry median Net Margin % is 3.21. Hwa Fong Rubber Ind Co's value of 7.81% is 143.7% above this industry median. Based on the distribution chart, Hwa Fong Rubber Ind Co ranks #325 out of 1326 companies in the Vehicles & Parts industry, which is in the top quartile — a strong position relative to peers. Overall, Hwa Fong Rubber Ind Co has a GF Score™ of 73/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Hwa Fong Rubber Ind Co's Net Margin % compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Hwa Fong Rubber Ind Co ranks #325 out of 1326 companies for Net Margin %. This places Hwa Fong Rubber Ind Co in the top 25% of its industry — outperforming the majority of peers. The industry median Net Margin % is 3.21. Hwa Fong Rubber Ind Co's value of 7.81% is 143.7% above this benchmark. While the company's 10-year median is 3.53 vs. the industry median of 3.21, Hwa Fong Rubber Ind 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 Net Margin % for a Vehicles & Parts company?
The median Net Margin % among Vehicles & Parts companies is 3.21, based on 1,326 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Hwa Fong Rubber Ind Co's current Net Margin % of 7.81% is 143.7% 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 Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on Hwa Fong Rubber Ind Co and its competitors. For the Vehicles & Parts industry, the median Net Margin % is 3.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hwa Fong Rubber Ind Co's current Net Margin % is 7.81%, which is 121% above median its own 10-year median of 3.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hwa Fong Rubber Ind Co stock overvalued right now?
Based on GuruFocus' analysis, Hwa Fong Rubber Ind Co (TPE:2109) is currently considered Fairly Valued. The stock's GF Value™ is NT$14.80, compared to a current price of NT$14.55 — trading 1.7% below its estimated fair value. The current Net Margin % is 7.81%, which is 121% above median its 10-year median of 3.53 and 143.7% above the Vehicles & Parts industry median of 3.21. Hwa Fong Rubber Ind Co's overall GF Score™ is 73/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For Hwa Fong Rubber Ind Co (TPE:2109), the current Net Margin % is 7.81% as of Sep. 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 Hwa Fong Rubber Ind Co (TPE:2109) Overvalued in 2026?

Based on GuruFocus' analysis, Hwa Fong Rubber Ind Co stock appears to be undervalued. The current stock price of NT$14.55 is trading 1.7% below its estimated GF Value™ of NT$14.80. GuruFocus considers Hwa Fong Rubber Ind Co to be Fairly Valued.

Key valuation signals for TPE:2109:

  • Net Margin %: 7.81% (121% above median its 10-year median of 3.53)
  • GF Value™: NT$14.80 vs. price of NT$14.55 (1.7% below fair value)
  • GF Score™: 73/100 with 3 warning signs
  • Industry Position: 143.7% above the Vehicles & Parts median (#325 of 1326)

No single metric tells the full story. See the TPE:2109 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hwa Fong Rubber Ind Co Business Description

Address No.300, Chung-Shan Road, Section 2, Ta-Tsun Township, Changhua County, Changhua, TWN, 515002
Hwa Fong Rubber Ind Co Ltd is a Taiwan-based company engaged in the manufacture, processing, domestic and foreign sales, import and export of rubber and plastic products. The company is engaged in the manufacture, processing, distribution, and trading of inner and outer bicycle tubes for automobiles, agricultural vehicles, recreational vehicles, light trucks, and radial tires. The company's reportable segments from a geographical perspective are Taiwan, Thailand, the United States of America, China and Other areas. The company generates the majority of its revenue from Other Areas.
73GF Score

Get the complete analysis for TPE:2109

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

NT$14.55
Price
NT$14.80
GF Value