TOPBI International Holdings (TPE:2929) Net Margin %: -26.96% (As of Dec. 2025)


TPE:2929 TOPBI International Holdings Ltd TPE:2929
69 GF Score
Price NT$5.90
GF Value NT$7.80
Valuation Modestly Undervalued
! 3 Warning Signs
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What is TOPBI International Holdings Net Margin %?

TOPBI International Holdings TPE:2929 +0.85% 69 Net Margin % is -26.96% as of Dec. 2025. GuruFocus rates TPE:2929 with a GF Score™ of 69/100 and a GF Value™ of NT$7.80 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,035 Manufacturing - Apparel & Accessories companies, TOPBI International Holdings ranks worse than 86.38% on this metric.

Net margin is calculated as Net Income divided by its Revenue. TOPBI International Holdings's Net Income for the three months ended in Dec. 2025 was NT$-150 Mil. TOPBI International Holdings's Revenue for the three months ended in Dec. 2025 was NT$558 Mil. Therefore, TOPBI International Holdings's net margin for the quarter that ended in Dec. 2025 was -26.96%.

The historical rank and industry rank for TOPBI International Holdings's Net Margin % or its related term are showing as below:

TPE:2929' s Net Margin % Range Over the Past 10 Years
Min: -79.57   Med: 2.96   Max: 15.83
Current: -10.45


TPE:2929's Net Margin % is ranked worse than
86.38% of 1035 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 2.58 vs TPE:2929: -10.45

TOPBI International Holdings  (TPE:2929) 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.


TOPBI International Holdings Net Margin % Related Terms


TOPBI International Holdings Net Margin % Historical Data

* Premium members only.

The historical data trend for TOPBI International Holdings'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.

TOPBI International Holdings Net Margin % Chart

TOPBI International Holdings 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 -23.65 5.21 -2.86 0.70 -10.45

TOPBI International Holdings 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 5.83 -0.52 -5.39 -3.07 -26.96

TPE:2929 vs RL, LEVI, VFC: Net Margin % Comparison

For the Apparel Manufacturing subindustry, TOPBI International Holdings'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.


TOPBI International Holdings Net Margin % vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, TOPBI International Holdings's Net Margin % distribution charts can be found below:

* The bar in red indicates where TOPBI International Holdings's Net Margin % falls into.


TPE:2929
69GF Score
TOPBI International Holdings Ltd TPE:2929
Net Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

TOPBI International Holdings 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.

TOPBI International Holdings'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 )
=-183.29/1753.536
=-10.45 %

TOPBI International Holdings'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 )
=-150.467/558.072
=-26.96 %

* 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 -26.96% mean?
TOPBI International Holdings (TPE:2929) has a Net Margin % of -26.96% as of Dec. 2025. Net margin is the ratio of total net income to net sales. View historical data on TOPBI International Holdings and its competitors. According to the industry distribution chart, TOPBI International Holdings ranks #894 out of 1035 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 86.4%.
Is TOPBI International Holdings' Net Margin % too high?
TOPBI International Holdings' current Net Margin % is -26.96%. Based on the distribution chart, TOPBI International Holdings ranks #894 out of 1035 companies in the Manufacturing - Apparel & Accessories industry, which is in the bottom quartile relative to peers. Overall, TOPBI International Holdings has a GF Score™ of 69/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does TOPBI International Holdings' Net Margin % compare to RL and LEVI?
According to the Manufacturing - Apparel & Accessories industry distribution chart, TOPBI International Holdings ranks #894 out of 1035 companies for Net Margin %. This places TOPBI International Holdings in the lower half of its industry. The industry median Net Margin % is 2.58. 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 Manufacturing - Apparel & Accessories company?
The median Net Margin % among Manufacturing - Apparel & Accessories companies is 2.58, based on 1,035 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. 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 TOPBI International Holdings and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Net Margin % is 2.58 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TOPBI International Holdings's current Net Margin % is -26.96%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TOPBI International Holdings stock overvalued right now?
Based on GuruFocus' analysis, TOPBI International Holdings (TPE:2929) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$7.80, compared to a current price of NT$5.90 — trading 24.4% below its estimated fair value. The current Net Margin % is -26.96%. TOPBI International Holdings' overall GF Score™ is 69/100 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 TOPBI International Holdings (TPE:2929), the current Net Margin % is -26.96% 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 TOPBI International Holdings (TPE:2929) Overvalued in 2026?

Based on GuruFocus' analysis, TOPBI International Holdings stock appears to be undervalued. The current stock price of NT$5.90 is trading 24.4% below its estimated GF Value™ of NT$7.80. GuruFocus considers TOPBI International Holdings to be Modestly Undervalued.

Key valuation signals for TPE:2929:

  • Net Margin %: -26.96%
  • GF Value™: NT$7.80 vs. price of NT$5.90 (24.4% below fair value)
  • GF Score™: 69/100 with 3 warning signs

No single metric tells the full story. See the TPE:2929 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


TOPBI International Holdings Business Description

Address No.97, Xinhu 1st Road, 2nd Floor, Neihu District, Taipei, TWN, 11494
TOPBI International Holdings Ltd is a children's clothing manufacturer. Its products, which it sells under the TOPBI (Amoy) brand, are designed for middle-class families with children under 16 years old. Nearly half of the company's sales are from items designed for the 1- to 3-year-old age group. TOPBI sells its products through both company-owned stores and third-party distributors. The company focuses on reaching customers in the developing market in China, and its roughly 1,500 stores are in more than a dozen Chinese provinces.
69GF Score

Get the complete analysis for TPE:2929

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

NT$5.90
Price
NT$7.80
GF Value