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Y C C Parts Manufacturing Co (TPE:1339) Gross Margin % : 35.45% (As of Mar. 2024)


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What is Y C C Parts Manufacturing Co Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Y C C Parts Manufacturing Co's Gross Profit for the three months ended in Mar. 2024 was NT$182 Mil. Y C C Parts Manufacturing Co's Revenue for the three months ended in Mar. 2024 was NT$512 Mil. Therefore, Y C C Parts Manufacturing Co's Gross Margin % for the quarter that ended in Mar. 2024 was 35.45%.


The historical rank and industry rank for Y C C Parts Manufacturing Co's Gross Margin % or its related term are showing as below:

TPE:1339' s Gross Margin % Range Over the Past 10 Years
Min: 23.23   Med: 30.2   Max: 35.94
Current: 35.21


During the past 13 years, the highest Gross Margin % of Y C C Parts Manufacturing Co was 35.94%. The lowest was 23.23%. And the median was 30.20%.

TPE:1339's Gross Margin % is ranked better than
83.24% of 1265 companies
in the Vehicles & Parts industry
Industry Median: 19.67 vs TPE:1339: 35.21

Y C C Parts Manufacturing Co had a gross margin of 35.45% for the quarter that ended in Mar. 2024 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Y C C Parts Manufacturing Co was 1.60% per year.


Y C C Parts Manufacturing Co Gross Margin % Historical Data

The historical data trend for Y C C Parts Manufacturing Co'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.

Y C C Parts Manufacturing Co Gross Margin % Chart

Y C C Parts Manufacturing Co 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 30.33 30.06 23.23 26.25 33.61

Y C C Parts Manufacturing Co 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 28.54 29.93 34.49 40.40 35.45

Competitive Comparison of Y C C Parts Manufacturing Co's Gross Margin %

For the Auto Parts subindustry, Y C C Parts Manufacturing Co'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.


Y C C Parts Manufacturing Co's Gross Margin % Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Y C C Parts Manufacturing Co's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Y C C Parts Manufacturing Co's Gross Margin % falls into.



Y C C Parts Manufacturing Co Gross Margin % Calculation

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

Y C C Parts Manufacturing Co'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 )
=689.5 / 2051.209
=(Revenue - Cost of Goods Sold) / Revenue
=(2051.209 - 1361.742) / 2051.209
=33.61 %

Y C C Parts Manufacturing Co'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 )
=181.6 / 512.319
=(Revenue - Cost of Goods Sold) / Revenue
=(512.319 - 330.727) / 512.319
=35.45 %

* 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.


Y C C Parts Manufacturing Co  (TPE:1339) 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

Y C C Parts Manufacturing Co had a gross margin of 35.45% 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.


Y C C Parts Manufacturing Co Gross Margin % Related Terms

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Y C C Parts Manufacturing Co (TPE:1339) Business Description

Traded in Other Exchanges
N/A
Address
No.8, Xingye Road, Lukang Township, ChangHua County, Lukang, TWN, 505
Y C C Parts Manufacturing Co Ltd is engaged in manufacturing and trading automobiles parts, import and export as well as operating and reinvesting related businesses. The company's products include Bumpers, Grilles, Head Lamp Mounting Panels, Valances, Head Lamps, and Others.

Y C C Parts Manufacturing Co (TPE:1339) Headlines

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