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Lanner Electronics (ROCO:6245) Gross Margin % : 34.39% (As of Mar. 2024)


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What is Lanner Electronics Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Lanner Electronics's Gross Profit for the three months ended in Mar. 2024 was NT$570 Mil. Lanner Electronics's Revenue for the three months ended in Mar. 2024 was NT$1,658 Mil. Therefore, Lanner Electronics's Gross Margin % for the quarter that ended in Mar. 2024 was 34.39%.


The historical rank and industry rank for Lanner Electronics's Gross Margin % or its related term are showing as below:

ROCO:6245' s Gross Margin % Range Over the Past 10 Years
Min: 26.53   Med: 28.44   Max: 33.93
Current: 33.93


During the past 13 years, the highest Gross Margin % of Lanner Electronics was 33.93%. The lowest was 26.53%. And the median was 28.44%.

ROCO:6245's Gross Margin % is ranked better than
68.5% of 2438 companies
in the Hardware industry
Industry Median: 24.395 vs ROCO:6245: 33.93

Lanner Electronics had a gross margin of 34.39% for the quarter that ended in Mar. 2024 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Lanner Electronics was 3.30% per year.


Lanner Electronics Gross Margin % Historical Data

The historical data trend for Lanner Electronics's Gross 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.

* Premium members only.

Lanner Electronics Gross Margin % Chart

Lanner Electronics Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 28.69 29.41 26.53 30.51 33.67

Lanner Electronics Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Gross 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 33.30 32.59 36.04 33.19 34.39

Competitive Comparison of Lanner Electronics's Gross Margin %

For the Computer Hardware subindustry, Lanner Electronics's Gross Margin %, along with its competitors' market caps and Gross 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.


Lanner Electronics's Gross Margin % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Lanner Electronics's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Lanner Electronics's Gross Margin % falls into.



Lanner Electronics Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

Lanner Electronics's Gross Margin for the fiscal year that ended in Dec. 2023 is calculated as

Gross Margin % (A: Dec. 2023 )=Gross Profit (A: Dec. 2023 ) / Revenue (A: Dec. 2023 )
=2818.9 / 8371.337
=(Revenue - Cost of Goods Sold) / Revenue
=(8371.337 - 5552.475) / 8371.337
=33.67 %

Lanner Electronics's Gross Margin for the quarter that ended in Mar. 2024 is calculated as


Gross Margin % (Q: Mar. 2024 )=Gross Profit (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=570 / 1657.611
=(Revenue - Cost of Goods Sold) / Revenue
=(1657.611 - 1087.593) / 1657.611
=34.39 %

* 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.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.


Lanner Electronics  (ROCO:6245) Gross Margin % Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Lanner Electronics had a gross margin of 34.39% for the quarter that ended in Mar. 2024 => Competition eroding margins


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


Lanner Electronics Gross Margin % Related Terms

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Lanner Electronics (ROCO:6245) Business Description

Traded in Other Exchanges
N/A
Address
No. 173, Datong Road, 7th Floor, Section 2, XiZhi District, New Taipei, TWN, 22184
Lanner Electronics Inc is a Taiwan-based company that engages in the provision of engineering and manufacturing services for network appliances and rugged applied computing platforms for system integrators, service providers, and application developers. Its products include telecommunication data center appliances, industrial communication platforms, embedded boxes, vehicle computers, and embedded boards. Geographically, it derives a majority of its revenue from the United States.

Lanner Electronics (ROCO:6245) Headlines

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