Tong Yang Industry Co Ltd
TWSE:1319

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Tong Yang Industry Co Ltd
TWSE:1319
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Price: 109 TWD -1.36% Market Closed
Market Cap: 64.5B TWD
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Gross Margin
Tong Yang Industry Co Ltd

33%
Current
25%
Average
20.6%
Industry

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
33%
=
Gross Profit
8.3B
/
Revenue
25.2B

Gross Margin Across Competitors

Country TW
Market Cap 64.5B TWD
Gross Margin
33%
Country KR
Market Cap 83.5T KRW
Gross Margin
0%
Country JP
Market Cap 6.4T JPY
Gross Margin
15%
Country CN
Market Cap 155.3B CNY
Gross Margin
37%
Country KR
Market Cap 22.2T KRW
Gross Margin
13%
Country IE
Market Cap 14.6B USD
Gross Margin
19%
Country JP
Market Cap 2.2T JPY
Gross Margin
18%
Country DE
Market Cap 13.1B EUR
Gross Margin
22%
Country IN
Market Cap 1.1T INR
Gross Margin
46%
Country CA
Market Cap 17.2B CAD
Gross Margin
13%
Country IN
Market Cap 987.2B INR
Gross Margin
36%
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Tong Yang Industry Co Ltd
Glance View

Market Cap
64.5B TWD
Industry
Auto Components

Once a burgeoning player in Taiwan’s industrial landscape, Tong Yang Industry Co Ltd. has meticulously carved its niche in the automotive parts sector. Born in 1952, the company began its journey modestly, but steadily grew by aligning its ambitions with the evolving demands of the global automotive industry. With a foundational focus on producing high-quality auto components, Tong Yang swiftly became synonymous with reliability and innovation, eventually expanding its reach across international borders. The company specializes in manufacturing a range of automotive replacement parts, including bumpers, grilles, and lighting products. By leveraging economies of scale and fostering robust relationships with global distributors and original equipment manufacturers (OEMs), Tong Yang has efficiently positioned itself as a vital supplier in the automotive aftermarket. As the automotive world took strides toward modernization, Tong Yang equally embraced change, weaving advanced manufacturing techniques and technology into its operational fabric. Harnessing automation and precision engineering, the company ensures quality and efficiency while maintaining cost-effectiveness. This strategic blend of innovation and operational excellence allows Tong Yang to generate revenue from diversified channels. Its strength lies in its ability to serve both the OEM and aftermarket sectors, enabling it to mitigate risks associated with fluctuations in automotive production cycles. Revenue streams are solidified through long-term contracts, facilitating sustained growth and stability in an otherwise volatile market. Through this comprehensive approach, Tong Yang Industry Co Ltd. not only sustains its legacy but also sets a formidable standard in the global auto parts industry.

Intrinsic Value
134.25 TWD
Undervaluation 19%
Intrinsic Value
Price
What is Gross Margin?

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
33%
=
Gross Profit
8.3B
/
Revenue
25.2B
What is the Gross Margin of Tong Yang Industry Co Ltd?

Based on Tong Yang Industry Co Ltd's most recent financial statements, the company has Gross Margin of 33%.