Fulgent Sun International (Holding) Co (TPE:9802) Operating Margin %: 9.38% (As of Dec. 2025) — Near Median


TPE:9802 Fulgent Sun International (Holding) Co Ltd TPE:9802
81 GF Score
Price NT$74.50
GF Value NT$111.99
Valuation Significantly Undervalued
! 6 Warning Signs
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What is Fulgent Sun International (Holding) Co Operating Margin %?

Fulgent Sun International (Holding) Co TPE:9802 -0.53% 81 Operating Margin % is 9.38% as of Dec. 2025, which is 7% below its 10-year median of 10.07. GuruFocus rates TPE:9802 with a GF Score™ of 81/100 and a GF Value™ of NT$111.99 (Significantly Undervalued). The stock has 6 warning signs investors should review. Among 1,042 Manufacturing - Apparel & Accessories companies, Fulgent Sun International (Holding) Co ranks better than 74.38% on this metric.

Operating Margin % is calculated as Operating Income divided by its Revenue. Fulgent Sun International (Holding) Co's Operating Income for the three months ended in Dec. 2025 was NT$429 Mil. Fulgent Sun International (Holding) Co's Revenue for the three months ended in Dec. 2025 was NT$4,575 Mil. Therefore, Fulgent Sun International (Holding) Co's Operating Margin % for the quarter that ended in Dec. 2025 was 9.38%.

Warning Sign:

Fulgent Sun International (Holding) Co Ltd operating margin has been in a 5-year decline. The average rate of decline per year is -4.6%.

The historical rank and industry rank for Fulgent Sun International (Holding) Co's Operating Margin % or its related term are showing as below:

TPE:9802' s Operating Margin % Range Over the Past 10 Years
Min: 7.69   Med: 10.07   Max: 15.86
Current: 9.2


TPE:9802's Operating Margin % is ranked better than
74.38% of 1042 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 4.085 vs TPE:9802: 9.20

Fulgent Sun International (Holding) Co's 5-Year Average Operating Margin % Growth Rate was -4.60% per year.

Fulgent Sun International (Holding) Co's Operating Income for the three months ended in Dec. 2025 was NT$429 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2025 was NT$1,590 Mil.


Fulgent Sun International (Holding) Co  (TPE:9802) Operating Margin % Explanation

Just like Gross Margin %, it is important to see a company maintains its operating margin over time. Among the same industry, a company with higher operating margin is more efficient in its operation. It is also more stable during industry slowdown or recessions. Peter Lynch prefers those with higher margins than those with lower margins.


Be Aware

Operating Margin % can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).

If a company is facing competition, its Operating Margin % may decline. Often the Operating Margin % declines well before the company's Revenue or even profit decline. Therefore, Operating Margin % is a very important indicator of whether the company is facing problems.

For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokia’s Operating Margin % had already been in decline since 2002, although its Earnings per Share (Diluted) were still rising. Investors who paid attention to Operating Margin % would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).

Therefore, Operating Margin % is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.


Fulgent Sun International (Holding) Co Operating Margin % Related Terms


Fulgent Sun International (Holding) Co Operating Margin % Historical Data

* Premium members only.

The historical data trend for Fulgent Sun International (Holding) Co's Operating 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.

Fulgent Sun International (Holding) Co Operating Margin % Chart

Fulgent Sun International (Holding) Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Operating Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.46 15.86 10.68 8.65 9.20

Fulgent Sun International (Holding) Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
Operating 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 10.13 7.57 11.21 7.78 9.38

TPE:9802 vs NKE, DECK, ONON: Operating Margin % Comparison

For the Footwear & Accessories subindustry, Fulgent Sun International (Holding) Co's Operating Margin %, along with its competitors' market caps and Operating 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.


Fulgent Sun International (Holding) Co Operating Margin % vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Fulgent Sun International (Holding) Co's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Fulgent Sun International (Holding) Co's Operating Margin % falls into.


TPE:9802
81GF Score
Fulgent Sun International (Holding) Co Ltd TPE:9802
Operating Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Fulgent Sun International (Holding) Co Operating Margin % Calculation

Operating Margin % - also known as operating income margin, operating profit margin and return on sales (ROS) - is the ratio of Operating Income divided by net sales or Revenue, usually presented in percent.

Fulgent Sun International (Holding) Co's Operating Margin % for the fiscal year that ended in Dec. 2025 is calculated as

Operating Margin %=Operating Income (A: Dec. 2025 ) / Revenue (A: Dec. 2025 )
=1590.486 / 17294.633
=9.20 %

Fulgent Sun International (Holding) Co's Operating Margin % for the quarter that ended in Dec. 2025 is calculated as

Operating Margin %=Operating Income (Q: Dec. 2025 ) / Revenue (Q: Dec. 2025 )
=428.999 / 4575.286
=9.38 %

* 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 Operating Margin % →
What does a Operating Margin % of 9.38% mean?
Fulgent Sun International (Holding) Co (TPE:9802) has a Operating Margin % of 9.38% as of Dec. 2025. Operating margin is the ratio of total operating income to net sales. View historical data on Fulgent Sun International (Holding) Co and its competitors. This is near median its historical median of 10.07. Over the past decade, Fulgent Sun International (Holding) Co's Operating Margin % has ranged from 7.69 to 15.86. According to the industry distribution chart, Fulgent Sun International (Holding) Co ranks #267 out of 1042 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 25.6%.
Is Fulgent Sun International (Holding) Co's Operating Margin % too high?
Fulgent Sun International (Holding) Co's current Operating Margin % of 9.38% is near median its 10-year median of 10.07. Over the past 10 years, this metric has ranged from a low of 7.69 to a high of 15.86. The Manufacturing - Apparel & Accessories industry median Operating Margin % is 4.09. Fulgent Sun International (Holding) Co's value of 9.38% is 129.6% above this industry median. Based on the distribution chart, Fulgent Sun International (Holding) Co ranks #267 out of 1042 companies in the Manufacturing - Apparel & Accessories industry, which is above the industry midpoint. Overall, Fulgent Sun International (Holding) Co has a GF Score™ of 81/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Fulgent Sun International (Holding) Co's Operating Margin % compare to NKE and DECK?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Fulgent Sun International (Holding) Co ranks #267 out of 1042 companies for Operating Margin %. This puts Fulgent Sun International (Holding) Co in the upper half of its industry. The industry median Operating Margin % is 4.09. Fulgent Sun International (Holding) Co's value of 9.38% is 129.6% above this benchmark. Historically, Fulgent Sun International (Holding) Co's own Operating Margin % has ranged from 7.69 to 15.86 over the past decade. While the company's 10-year median is 10.07 vs. the industry median of 4.09, Fulgent Sun International (Holding) 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 Operating Margin % for a Manufacturing - Apparel & Accessories company?
The median Operating Margin % among Manufacturing - Apparel & Accessories companies is 4.09, based on 1,042 companies in the industry. Companies in the top quartile (top 25%) have a Operating Margin % significantly above this median, while those in the bottom quartile fall well below. However, Operating Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Fulgent Sun International (Holding) Co's current Operating Margin % of 9.38% is 129.6% 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 Operating Margin % mean?
A high Operating Margin % can signal that a stock is expensive relative to its fundamentals. Operating margin is the ratio of total operating income to net sales. View historical data on Fulgent Sun International (Holding) Co and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Operating Margin % is 4.09 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fulgent Sun International (Holding) Co's current Operating Margin % is 9.38%, which is near median its own 10-year median of 10.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fulgent Sun International (Holding) Co stock overvalued right now?
Based on GuruFocus' analysis, Fulgent Sun International (Holding) Co (TPE:9802) is currently considered Significantly Undervalued. The stock's GF Value™ is NT$111.99, compared to a current price of NT$74.50 — trading 33.5% below its estimated fair value. The current Operating Margin % is 9.38%, which is near median its 10-year median of 10.07 and 129.6% above the Manufacturing - Apparel & Accessories industry median of 4.09. Fulgent Sun International (Holding) Co's overall GF Score™ is 81/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Operating Margin % calculated?
Operating Margin % is calculated from a company's financial statements. For Fulgent Sun International (Holding) Co (TPE:9802), the current Operating Margin % is 9.38% 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 Fulgent Sun International (Holding) Co (TPE:9802) Overvalued in 2026?

Based on GuruFocus' analysis, Fulgent Sun International (Holding) Co stock appears to be undervalued. The current stock price of NT$74.50 is trading 33.5% below its estimated GF Value™ of NT$111.99. GuruFocus considers Fulgent Sun International (Holding) Co to be Significantly Undervalued.

Key valuation signals for TPE:9802:

  • Operating Margin %: 9.38% (near median its 10-year median of 10.07)
  • GF Value™: NT$111.99 vs. price of NT$74.50 (33.5% below fair value)
  • GF Score™: 81/100 with 6 warning signs
  • Industry Position: 129.6% above the Manufacturing - Apparel & Accessories median (#267 of 1042)

No single metric tells the full story. See the TPE:9802 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Fulgent Sun International (Holding) Co Business Description

Address No. 76, Section 3, Yunlin Road, Yunlin County, Douliu, TWN
Fulgent Sun International (Holding) Co Ltd is engaged in the business of production and sale of sports and leisure outdoor shoes. Its main business is the manufacturing of professional sports shoes and high-functional outdoor shoes. Its factories are located in China, Vietnam, and Cambodia.
81GF Score

Get the complete analysis for TPE:9802

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

NT$74.50
Price
NT$111.99
GF Value