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Apex Dynamics (TPE:4583) Gross Margin % : 54.03% (As of Mar. 2024)


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What is Apex Dynamics Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Apex Dynamics's Gross Profit for the three months ended in Mar. 2024 was NT$389 Mil. Apex Dynamics's Revenue for the three months ended in Mar. 2024 was NT$720 Mil. Therefore, Apex Dynamics's Gross Margin % for the quarter that ended in Mar. 2024 was 54.03%.


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

TPE:4583' s Gross Margin % Range Over the Past 10 Years
Min: 46.47   Med: 49.7   Max: 55.49
Current: 55.32


During the past 8 years, the highest Gross Margin % of Apex Dynamics was 55.49%. The lowest was 46.47%. And the median was 49.70%.

TPE:4583's Gross Margin % is ranked better than
94.02% of 2942 companies
in the Industrial Products industry
Industry Median: 26.47 vs TPE:4583: 55.32

Apex Dynamics had a gross margin of 54.03% for the quarter that ended in Mar. 2024 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Apex Dynamics was 2.30% per year.


Apex Dynamics Gross Margin % Historical Data

The historical data trend for Apex Dynamics'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.

Apex Dynamics Gross Margin % Chart

Apex Dynamics Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
Get a 7-Day Free Trial 50.45 47.05 49.70 50.75 55.49

Apex Dynamics Quarterly Data
Dec17 Dec18 Jun19 Dec19 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 54.61 56.26 55.71 55.34 54.03

Competitive Comparison of Apex Dynamics's Gross Margin %

For the Specialty Industrial Machinery subindustry, Apex Dynamics'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.


Apex Dynamics's Gross Margin % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Apex Dynamics's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Apex Dynamics's Gross Margin % falls into.



Apex Dynamics Gross Margin % Calculation

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

Apex Dynamics'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 )
=1491 / 2686.956
=(Revenue - Cost of Goods Sold) / Revenue
=(2686.956 - 1195.994) / 2686.956
=55.49 %

Apex Dynamics'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 )
=388.9 / 719.758
=(Revenue - Cost of Goods Sold) / Revenue
=(719.758 - 330.883) / 719.758
=54.03 %

* 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.


Apex Dynamics  (TPE:4583) 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

Apex Dynamics had a gross margin of 54.03% for the quarter that ended in Mar. 2024 => Durable 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.


Apex Dynamics Gross Margin % Related Terms

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Apex Dynamics (TPE:4583) Business Description

Traded in Other Exchanges
N/A
Address
No.10, Keyuan 3rd Road, Situn District, Taichung, TWN, 40763
Apex Dynamics Inc is involved in the production and sales of machinery equipment. It offers various equipment such as a gearbox, rack and pinion, smart lubrication equipment, traversing robots, turrets, and other equipment. The company has two reportable business departments. The precision machinery segment is engaged in the production and sales of precision reducers and automatic control equipment manufacturing. The Hotel and Restaurant Service includes catering service which is engaged in hotel housing service and catering business. The majority is from the Precision Machinery segment. Geographically, the majority is derived from Asia.

Apex Dynamics (TPE:4583) Headlines

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