Gold Circuit Electronics (TPE:2368) Net Margin %: 17.86% (As of Dec. 2025) — 80% Above Median


TPE:2368 Gold Circuit Electronics Ltd TPE:2368
72 GF Score
Price NT$1,240.00
GF Value NT$485.25
Valuation Significantly Overvalued
! 8 Warning Signs
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What is Gold Circuit Electronics Net Margin %?

Gold Circuit Electronics TPE:2368 -1.20% 72 Net Margin % is 17.86% as of Dec. 2025, which is 80% above its 10-year median of 9.92. GuruFocus rates TPE:2368 with a GF Score™ of 72/100 and a GF Value™ of NT$485.25 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 2,473 Hardware companies, Gold Circuit Electronics ranks better than 90.13% on this metric.

Net margin is calculated as Net Income divided by its Revenue. Gold Circuit Electronics's Net Income for the three months ended in Dec. 2025 was NT$2,931 Mil. Gold Circuit Electronics's Revenue for the three months ended in Dec. 2025 was NT$16,408 Mil. Therefore, Gold Circuit Electronics's net margin for the quarter that ended in Dec. 2025 was 17.86%.

The historical rank and industry rank for Gold Circuit Electronics's Net Margin % or its related term are showing as below:

TPE:2368' s Net Margin % Range Over the Past 10 Years
Min: -1.4   Med: 9.92   Max: 16.01
Current: 16.01


TPE:2368's Net Margin % is ranked better than
90.13% of 2473 companies
in the Hardware industry
Industry Median: 2.7 vs TPE:2368: 16.01

Gold Circuit Electronics  (TPE:2368) 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.


Gold Circuit Electronics Net Margin % Related Terms


Gold Circuit Electronics Net Margin % Historical Data

* Premium members only.

The historical data trend for Gold Circuit Electronics'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.

Gold Circuit Electronics Net Margin % Chart

Gold Circuit Electronics Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.00 13.93 11.74 14.42 16.01

Gold Circuit Electronics Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
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 13.01 14.53 12.23 18.26 17.86

TPE:2368 vs APH, GLW, TEL: Net Margin % Comparison

For the Electronic Components subindustry, Gold Circuit Electronics'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.


Gold Circuit Electronics Net Margin % vs Hardware Industry

For the Hardware industry and Technology sector, Gold Circuit Electronics's Net Margin % distribution charts can be found below:

* The bar in red indicates where Gold Circuit Electronics's Net Margin % falls into.


TPE:2368
72GF Score
Gold Circuit Electronics Ltd TPE:2368
Net Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Gold Circuit Electronics 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.

Gold Circuit Electronics's Net Margin for the fiscal year that ended in Dec. 2025 is calculated as

Net Margin=Net Income (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=9606.531/60003.758
=16.01 %

Gold Circuit Electronics's Net Margin for the quarter that ended in Dec. 2025 is calculated as

Net Margin=Net Income (Q: Dec. 2025 )/Revenue (Q: Dec. 2025 )
=2931.009/16408.204
=17.86 %

* 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 17.86% mean?
Gold Circuit Electronics (TPE:2368) has a Net Margin % of 17.86% as of Dec. 2025. Net margin is the ratio of total net income to net sales. View historical data on Gold Circuit Electronics and its competitors. This is 80% above median its historical median of 9.92. According to the industry distribution chart, Gold Circuit Electronics ranks #244 out of 2473 companies in the Hardware industry, placing it in the top 9.9%.
Is Gold Circuit Electronics' Net Margin % too high?
Gold Circuit Electronics' current Net Margin % of 17.86% is 80% above median its 10-year median of 9.92. The Hardware industry median Net Margin % is 2.70. Gold Circuit Electronics' value of 17.86% is 561.5% above this industry median. Based on the distribution chart, Gold Circuit Electronics ranks #244 out of 2473 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Gold Circuit Electronics has a GF Score™ of 72/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Gold Circuit Electronics' Net Margin % compare to APH and GLW?
According to the Hardware industry distribution chart, Gold Circuit Electronics ranks #244 out of 2473 companies for Net Margin %. This places Gold Circuit Electronics in the top 10% of its industry — outperforming the majority of peers. The industry median Net Margin % is 2.70. Gold Circuit Electronics' value of 17.86% is 561.5% above this benchmark. While the company's 10-year median is 9.92 vs. the industry median of 2.70, Gold Circuit Electronics 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 Hardware company?
The median Net Margin % among Hardware companies is 2.70, based on 2,473 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. Gold Circuit Electronics's current Net Margin % of 17.86% is 561.5% 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 Gold Circuit Electronics and its competitors. For the Hardware industry, the median Net Margin % is 2.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Gold Circuit Electronics's current Net Margin % is 17.86%, which is 80% above median its own 10-year median of 9.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gold Circuit Electronics stock overvalued right now?
Based on GuruFocus' analysis, Gold Circuit Electronics (TPE:2368) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$485.25, compared to a current price of NT$1,240.00 — trading 155.5% above its estimated fair value. The current Net Margin % is 17.86%, which is 80% above median its 10-year median of 9.92 and 561.5% above the Hardware industry median of 2.70. Gold Circuit Electronics' overall GF Score™ is 72/100 with 8 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 Gold Circuit Electronics (TPE:2368), the current Net Margin % is 17.86% 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 Gold Circuit Electronics (TPE:2368) Overvalued in 2026?

Based on GuruFocus' analysis, Gold Circuit Electronics stock appears to be overvalued. The current stock price of NT$1,240.00 is trading 155.5% above its estimated GF Value™ of NT$485.25. GuruFocus considers Gold Circuit Electronics to be Significantly Overvalued.

Key valuation signals for TPE:2368:

  • Net Margin %: 17.86% (80% above median its 10-year median of 9.92)
  • GF Value™: NT$485.25 vs. price of NT$1,240.00 (155.5% above fair value)
  • GF Score™: 72/100 with 8 warning signs
  • Industry Position: 561.5% above the Hardware median (#244 of 2473)

No single metric tells the full story. See the TPE:2368 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Gold Circuit Electronics Business Description

Address No. 113, Xiyuan Road, Zhongli Industrial Park, Zhongli District, Taoyuan, TWN, 320
Gold Circuit Electronics Ltd manufactures, processes and sells printed circuit boards for various applications. Its products are applied in notebooks, handheld devices, telecommunications, networking, and server & storage fields, among others. The company's revenue was generated from the sale of electronic products, such as printed circuit boards.
72GF Score

Get the complete analysis for TPE:2368

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

NT$1,240.00
Price
NT$485.25
GF Value