Syncmold Enterprise Corp gross margin has been in long-term decline. The average rate of decline per year is -5.9%.
The historical rank and industry rank for Syncmold Enterprise's Gross Margin % or its related term are showing as below:
TPE:1582'
s Gross Margin % Range Over the Past 10 Years
Min: 15.71 Med: 22.97 Max: 26.39
Current: 24.81
During the past 13 years, the highestGross Margin % of Syncmold Enterprise was 26.39%. The lowest was 15.71%. And the median was 22.97%.
TPE:1582's Gross Margin % is ranked better than 51.05% of 2439
companies
in the Hardware industry
Industry Median: 24.34
vs TPE:1582: 24.81
Syncmold Enterprise had a gross margin of 29.24% for the quarter that ended in Mar. 2024 => Competition eroding margins
The 5-Year average Growth Rate of Gross Margin for Syncmold Enterprise was -5.90% per year.
Syncmold Enterprise Gross Margin % Historical Data
The historical data trend for Syncmold Enterprise'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.
Competitive Comparison of Syncmold Enterprise's Gross Margin %
For the Electronic Components subindustry, Syncmold Enterprise'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.
Syncmold Enterprise's Gross Margin % Distribution in the Hardware Industry
For the Hardware industry and Technology sector, Syncmold Enterprise's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Syncmold Enterprise's Gross Margin % falls into.
* 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.
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
Syncmold Enterprise had a gross margin of 29.24% 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.
Syncmold Enterprise Gross Margin % Related Terms
Thank you for viewing the detailed overview of Syncmold Enterprise's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.
Syncmold Enterprise (TPE:1582) Business Description
Syncmold Enterprise Corp is a Taiwan-based company engaged in the processing, manufacturing, trading, technology licensing and related import and export business of various metal molds, plastic molds and electronic parts. stands for LCD monitors, LCD TVs, appliances, office machines, components of medical devices, and many other electronic products. The company's customers comprise both original design manufacturers, such as Foxconn, and branded manufacturers like Dell and Philips. The company also designs and manufactures molding products. It generates almost all its revenue from markets outside of Taiwan, with mainland China contributing to majority of its revenue.
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