Fulin Plastic Industry (Cayman) Holding Co Ltd
TWSE:1341

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Fulin Plastic Industry (Cayman) Holding Co Ltd Logo
Fulin Plastic Industry (Cayman) Holding Co Ltd
TWSE:1341
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Price: 58.5 TWD -1.68% Market Closed
Market Cap: NT$3.1B

Gross Margin

22.4%
Current
Improving
by 1%
vs 3-y average of 21.4%

Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.

Gross Margin
22.4%
=
Gross Profit
NT$597.2m
/
Revenue
NT$2.7B

Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.

Gross Margin
22.4%
=
Gross Profit
NT$597.2m
/
Revenue
NT$2.7B

Market Distribution

In line with most companies in Vietnam
Percentile
64rd
Based on 632 companies
64rd percentile
22.4%
Low
-798.7% — 9.6%
Typical Range
9.6% — 28%
High
28% — 206.1%
Distribution Statistics
Vietnam
Min -798.7%
30th Percentile 9.6%
Median 15.6%
70th Percentile 28%
Max 206.1%

Fulin Plastic Industry (Cayman) Holding Co Ltd
Glance View

Fulin Plastic Industry (Cayman) Holding Co., Ltd. engages in the production and sale of polyvinyl chloride leather products. The company is headquartered in Haiphong, Hai Phong. The company went IPO on 2018-12-24. The firm's product categories are mainly divided into PVC sponge leathers, PVC sheets, PVC casting leathers and others. The firm sells its products under Fulin brand. The firm mainly sells its products to Vietnam market, as well as the United States, Thailand, the Philippines, Malaysia, Cambodia, Myanmar, Turkey, Ecuador, Sri Lanka, Indonesia and Bangladesh. The firm's PVC sponge leather products include PVC sponge leathers used in furniture, leather bags, balls and rubber mats for car mats. The PVC sheet products include transparent PVC sheets, wood grain PVC sheets for building materials, electrical PVC sheets and general PVC sheets. The PVC casting leathers includes PVC casting leathers used in furniture, leather bags and soft leathers for bicycle seat cushions. The Other products include tarpaulins and non-woven fabrics.

Intrinsic Value
81.84 TWD
Undervaluation 29%
Intrinsic Value
Price
What is Gross Margin?
Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.
How is Gross Margin calculated?

Gross Margin is calculated by dividing the Gross Profit by the Revenue.

Gross Margin
22.4%
=
Gross Profit
NT$597.2m
/
Revenue
NT$2.7B
What is Fulin Plastic Industry (Cayman) Holding Co Ltd's current Gross Margin?

The current Gross Margin for Fulin Plastic Industry (Cayman) Holding Co Ltd is 22.4%, which is above its 3-year median of 21.4%.

How has Gross Margin changed over time?

Over the last 3 years, Fulin Plastic Industry (Cayman) Holding Co Ltd’s Gross Margin has increased from 18.8% to 22.4%. During this period, it reached a low of 18.8% on Sep 30, 2022 and a high of 22.4% on Sep 30, 2025.

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