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Kinpo Electronics (TPE:2312) Gross Margin % : 6.59% (As of Mar. 2024)


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What is Kinpo Electronics Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Kinpo Electronics's Gross Profit for the three months ended in Mar. 2024 was NT$2,169 Mil. Kinpo Electronics's Revenue for the three months ended in Mar. 2024 was NT$32,900 Mil. Therefore, Kinpo Electronics's Gross Margin % for the quarter that ended in Mar. 2024 was 6.59%.

Warning Sign:

Kinpo Electronics Inc gross margin has been in long-term decline. The average rate of decline per year is -1.2%.


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

TPE:2312' s Gross Margin % Range Over the Past 10 Years
Min: 5.9   Med: 6.24   Max: 7.1
Current: 6.06


During the past 13 years, the highest Gross Margin % of Kinpo Electronics was 7.10%. The lowest was 5.90%. And the median was 6.24%.

TPE:2312's Gross Margin % is ranked worse than
90.98% of 2438 companies
in the Hardware industry
Industry Median: 24.415 vs TPE:2312: 6.06

Kinpo Electronics had a gross margin of 6.59% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Kinpo Electronics was -1.20% per year.


Kinpo Electronics Gross Margin % Historical Data

The historical data trend for Kinpo 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.

Kinpo Electronics Gross Margin % Chart

Kinpo 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 6.34 6.21 6.41 5.90 6.15

Kinpo 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 6.87 6.43 6.50 4.85 6.59

Competitive Comparison of Kinpo Electronics's Gross Margin %

For the Computer Hardware subindustry, Kinpo 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.


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

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

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



Kinpo Electronics Gross Margin % Calculation

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

Kinpo 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 )
=9820.8 / 159757.214
=(Revenue - Cost of Goods Sold) / Revenue
=(159757.214 - 149936.416) / 159757.214
=6.15 %

Kinpo 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 )
=2169 / 32899.755
=(Revenue - Cost of Goods Sold) / Revenue
=(32899.755 - 30730.711) / 32899.755
=6.59 %

* 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.


Kinpo Electronics  (TPE:2312) 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

Kinpo Electronics had a gross margin of 6.59% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage


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.


Kinpo Electronics Gross Margin % Related Terms

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Kinpo Electronics (TPE:2312) Business Description

Traded in Other Exchanges
N/A
Address
No. 99, Nanjing East Road, 10th Floor, Section 5, Songshan District, Taipei, TWN, 105
Kinpo Electronics Inc is a Taiwan-based company that manufactures consumer electronics and computer equipment. Its offerings include 3D printers, storage products, wireless and broadband solutions, light-emitting diodes, and image products for communications, information, and consumer electronics applications. Its operations are organized into a notebook, PC, mobile phone, precision plastic, plant factory, power supply, 3D printing, and peripheral consumer segments.

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