Associated Industries China (TPE:9912) Net Margin %: 1.06% (As of Dec. 2025)


TPE:9912 Associated Industries China Inc TPE:9912
61 GF Score
Price NT$12.70
GF Value NT$11.36
Valuation Modestly Overvalued
! 7 Warning Signs
View Full Analysis

What is Associated Industries China Net Margin %?

Associated Industries China TPE:9912 61 Net Margin % is 1.06% as of Dec. 2025. GuruFocus rates TPE:9912 with a GF Score™ of 61/100 and a GF Value™ of NT$11.36 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 2,472 Hardware companies, Associated Industries China ranks worse than 82.12% on this metric.

Net margin is calculated as Net Income divided by its Revenue. Associated Industries China's Net Income for the three months ended in Dec. 2025 was NT$1.5 Mil. Associated Industries China's Revenue for the three months ended in Dec. 2025 was NT$143.8 Mil. Therefore, Associated Industries China's net margin for the quarter that ended in Dec. 2025 was 1.06%.

The historical rank and industry rank for Associated Industries China's Net Margin % or its related term are showing as below:

TPE:9912' s Net Margin % Range Over the Past 10 Years
Min: -18.88   Med: -3.18   Max: 2.89
Current: -11.79


TPE:9912's Net Margin % is ranked worse than
82.12% of 2472 companies
in the Hardware industry
Industry Median: 2.71 vs TPE:9912: -11.79

Associated Industries China  (TPE:9912) 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.


Associated Industries China Net Margin % Related Terms


Associated Industries China Net Margin % Historical Data

* Premium members only.

The historical data trend for Associated Industries China'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.

Associated Industries China Net Margin % Chart

Associated Industries China 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 2.89 -2.31 -4.04 -10.24 -11.79

Associated Industries China 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 -13.73 -23.12 -15.88 -11.90 1.06

TPE:9912 vs APH, GLW: Net Margin % Comparison

For the Electronic Components subindustry, Associated Industries China'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.


Associated Industries China Net Margin % vs Hardware Industry

For the Hardware industry and Technology sector, Associated Industries China's Net Margin % distribution charts can be found below:

* The bar in red indicates where Associated Industries China's Net Margin % falls into.


TPE:9912
61GF Score
Associated Industries China Inc TPE:9912
Net Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Associated Industries China 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.

Associated Industries China'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 )
=-59.676/506.372
=-11.79 %

Associated Industries China'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 )
=1.523/143.758
=1.06 %

* 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 1.06% mean?
Associated Industries China (TPE:9912) has a Net Margin % of 1.06% as of Dec. 2025. Net margin is the ratio of total net income to net sales. View historical data on Associated Industries China and its competitors. According to the industry distribution chart, Associated Industries China ranks #2030 out of 2472 companies in the Hardware industry, placing it in the top 82.1%.
Is Associated Industries China's Net Margin % too high?
Associated Industries China's current Net Margin % is 1.06%. The Hardware industry median Net Margin % is 2.71. Associated Industries China's value of 1.06% is 60.9% below this industry median. Based on the distribution chart, Associated Industries China ranks #2030 out of 2472 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Associated Industries China has a GF Score™ of 61/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Associated Industries China's Net Margin % compare to APH and GLW?
According to the Hardware industry distribution chart, Associated Industries China ranks #2030 out of 2472 companies for Net Margin %. This places Associated Industries China in the lower half of its industry. The industry median Net Margin % is 2.71. Associated Industries China's value of 1.06% is 60.9% below 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 2,472 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. Associated Industries China's current Net Margin % of 1.06% is 60.9% 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 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 Associated Industries China 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. Associated Industries China's current Net Margin % is 1.06%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Associated Industries China stock overvalued right now?
Based on GuruFocus' analysis, Associated Industries China (TPE:9912) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$11.36, compared to a current price of NT$12.70 — trading 11.8% above its estimated fair value. The current Net Margin % is 1.06% and 60.9% below the Hardware industry median of 2.71. Associated Industries China's overall GF Score™ is 61/100 with 7 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 Associated Industries China (TPE:9912), the current Net Margin % is 1.06% 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 Associated Industries China (TPE:9912) Overvalued in 2026?

Based on GuruFocus' analysis, Associated Industries China stock appears to be overvalued. The current stock price of NT$12.70 is trading 11.8% above its estimated GF Value™ of NT$11.36. GuruFocus considers Associated Industries China to be Modestly Overvalued.

Key valuation signals for TPE:9912:

  • Net Margin %: 1.06%
  • GF Value™: NT$11.36 vs. price of NT$12.70 (11.8% above fair value)
  • GF Score™: 61/100 with 7 warning signs
  • Industry Position: 60.9% below the Hardware median (#2030 of 2472)

No single metric tells the full story. See the TPE:9912 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Associated Industries China Business Description

Address No. 3-1, Park Street, 5th Floor-1, Nangang District, Taipei, TWN, 11503
Associated Industries China Inc is engaged in the research, development, and sale of LCD monitors, Medical equipment and Healthcare products, Other accessories, and the Real estate rental business. The company earns maximum revenue from LCD monitors, and geographically, the company earns maximum revenue from the Netherlands, followed by the United States, Taiwan, and others.
61GF Score

Get the complete analysis for TPE:9912

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

NT$12.70
Price
NT$11.36
GF Value