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Hwa Fong Rubber Ind Co Ltd
TWSE:2109

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Hwa Fong Rubber Ind Co Ltd
TWSE:2109
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Price: 14.65 TWD -0.34%
Market Cap: NT$4.1B

Gross Margin

21.9%
Current
Declining
by 0.3%
vs 3-y average of 22.2%

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
21.9%
=
Gross Profit
NT$1B
/
Revenue
NT$4.6B

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
21.9%
=
Gross Profit
NT$1B
/
Revenue
NT$4.6B

Peer Comparison

Country Company Market Cap Gross
Margin
TW
Hwa Fong Rubber Ind Co Ltd
TWSE:2109
4.1B TWD
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JP
Bridgestone Corp
TSE:5108
4.2T JPY
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FR
Compagnie Generale des Etablissements Michelin SCA
PAR:ML
21B EUR
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IT
Pirelli & C SpA
MIL:PIRC
6B EUR
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CN
Sailun Group Co Ltd
SSE:601058
43.3B CNY
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JP
Yokohama Rubber Co Ltd
TSE:5101
973.3B JPY
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IN
MRF Ltd
NSE:MRF
536B INR
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IN
Balkrishna Industries Ltd
NSE:BALKRISIND
399.6B INR
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KR
Hankook Tire & Technology Co Ltd
KRX:161390
6.5T KRW
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JP
Toyo Tire Corp
TSE:5105
588.4B JPY
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JP
Sumitomo Rubber Industries Ltd
TSE:5110
538.3B JPY
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Market Distribution

In line with most companies in Taiwan
Percentile
50th
Based on 1 022 companies
50th percentile
21.9%
Low
-197.7% — 13.7%
Typical Range
13.7% — 31.4%
High
31.4% — 400.8%
Distribution Statistics
Taiwan
Min -197.7%
30th Percentile 13.7%
Median 22.1%
70th Percentile 31.4%
Max 400.8%

Hwa Fong Rubber Ind Co Ltd
Glance View

Market Cap
4.1B TWD
Industry
Auto Components

Hwa Fong Rubber Ind.Co., Ltd. engages in the manufacture, processing, domestic and foreign sales, import and export of rubber and plastic products. The company is headquartered in Dacun, Changhua. The firm provides bicycle tires, agricultural and industrial tires, motorcycle tires, truck tires, automobile tires, radial tires and other rubber products. Its tire products are applied in sedans, recreational and leisure vehicles, heavy trucks, trailers, grass mowers, forklifts, as well as bicycles and monocycles. The firm distributes its products in Taiwan market and to Mainland China, the Americas, Thailand and other markets.

Hwa Fong Rubber Ind Co Ltd Intrinsic Value
LOCKED
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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
21.9%
=
Gross Profit
NT$1B
/
Revenue
NT$4.6B
What is Hwa Fong Rubber Ind Co Ltd's current Gross Margin?

The current Gross Margin for Hwa Fong Rubber Ind Co Ltd is 21.9%, which is below its 3-year median of 22.2%.

How has Gross Margin changed over time?

Over the last 3 years, Hwa Fong Rubber Ind Co Ltd’s Gross Margin has increased from 20.1% to 21.9%. During this period, it reached a low of 17.4% on Jun 30, 2023 and a high of 25.9% on Jun 30, 2024.

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