In Win Development (TPE:6117) Net Margin %: 17.26% (As of Dec. 2025)


TPE:6117 In Win Development Inc TPE:6117
70 GF Score
Price NT$72.40
GF Value NT$95.70
Valuation Modestly Undervalued
! 5 Warning Signs
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What is In Win Development Net Margin %?

In Win Development TPE:6117 70 Net Margin % is 17.26% as of Dec. 2025. GuruFocus rates TPE:6117 with a GF Score™ of 70/100 and a GF Value™ of NT$95.70 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 2,480 Hardware companies, In Win Development ranks better than 81.65% on this metric.

Net margin is calculated as Net Income divided by its Revenue. In Win Development's Net Income for the three months ended in Dec. 2025 was NT$143 Mil. In Win Development's Revenue for the three months ended in Dec. 2025 was NT$831 Mil. Therefore, In Win Development's net margin for the quarter that ended in Dec. 2025 was 17.26%.

The historical rank and industry rank for In Win Development's Net Margin % or its related term are showing as below:

TPE:6117' s Net Margin % Range Over the Past 10 Years
Min: -9.86   Med: -0.6   Max: 14.75
Current: 10.74


TPE:6117's Net Margin % is ranked better than
81.65% of 2480 companies
in the Hardware industry
Industry Median: 2.71 vs TPE:6117: 10.74

In Win Development  (TPE:6117) 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.


In Win Development Net Margin % Related Terms


In Win Development Net Margin % Historical Data

* Premium members only.

The historical data trend for In Win Development'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.

In Win Development Net Margin % Chart

In Win Development 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 -3.77 2.28 3.83 12.78 10.74

In Win Development 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 13.77 6.28 4.00 14.58 17.26

TPE:6117 vs SNDK, DELL, STX: Net Margin % Comparison

For the Computer Hardware subindustry, In Win Development'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.


In Win Development Net Margin % vs Hardware Industry

For the Hardware industry and Technology sector, In Win Development's Net Margin % distribution charts can be found below:

* The bar in red indicates where In Win Development's Net Margin % falls into.


TPE:6117
70GF Score
In Win Development Inc TPE:6117
Net Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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In Win Development 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.

In Win Development'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 )
=346.034/3222.227
=10.74 %

In Win Development'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 )
=143.475/831.326
=17.26 %

* 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 17.26% mean?
In Win Development (TPE:6117) has a Net Margin % of 17.26% as of Dec. 2025. Net margin is the ratio of total net income to net sales. View historical data on In Win Development and its competitors. According to the industry distribution chart, In Win Development ranks #455 out of 2480 companies in the Hardware industry, placing it in the top 18.3%.
Is In Win Development's Net Margin % too high?
In Win Development's current Net Margin % is 17.26%. The Hardware industry median Net Margin % is 2.71. In Win Development's value of 17.26% is 536.9% above this industry median. Based on the distribution chart, In Win Development ranks #455 out of 2480 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, In Win Development has a GF Score™ of 70/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does In Win Development's Net Margin % compare to SNDK and DELL?
According to the Hardware industry distribution chart, In Win Development ranks #455 out of 2480 companies for Net Margin %. This places In Win Development in the top 18% of its industry — outperforming the majority of peers. The industry median Net Margin % is 2.71. In Win Development's value of 17.26% is 536.9% above this benchmark. 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 2.71, based on 2,480 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. In Win Development's current Net Margin % of 17.26% is 536.9% 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 In Win Development and its competitors. For the Hardware industry, the median Net Margin % is 2.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. In Win Development's current Net Margin % is 17.26%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is In Win Development stock overvalued right now?
Based on GuruFocus' analysis, In Win Development (TPE:6117) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$95.70, compared to a current price of NT$72.40 — trading 24.3% below its estimated fair value. The current Net Margin % is 17.26% and 536.9% above the Hardware industry median of 2.71. In Win Development's overall GF Score™ is 70/100 with 5 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 In Win Development (TPE:6117), the current Net Margin % is 17.26% 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 In Win Development (TPE:6117) Overvalued in 2026?

Based on GuruFocus' analysis, In Win Development stock appears to be undervalued. The current stock price of NT$72.40 is trading 24.3% below its estimated GF Value™ of NT$95.70. GuruFocus considers In Win Development to be Modestly Undervalued.

Key valuation signals for TPE:6117:

  • Net Margin %: 17.26%
  • GF Value™: NT$95.70 vs. price of NT$72.40 (24.3% below fair value)
  • GF Score™: 70/100 with 5 warning signs
  • Industry Position: 536.9% above the Hardware median (#455 of 2480)

No single metric tells the full story. See the TPE:6117 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


In Win Development Business Description

Address No. 57, Lane 350, Nan Shang Road, Guishan District, Taoyuan, TWN
In Win Development Inc is engaged in the processing, manufacturing, and trading of computer and peripheral equipment, plastic products, etc., and the manufacturing, baking, and trading of mechanical hardware parts. Its products include Gaming Chassis, Computer Chassis, Gaming Power Supply, PC Power Supply, IPC/Server, iBuildiShare, and Cooling. Geographically, it operates in Europe, the USA, Japan, Taiwan, and Other countries, with the majority of the revenue deriving from Taiwan.
70GF Score

Get the complete analysis for TPE:6117

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

NT$72.40
Price
NT$95.70
GF Value