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YoungQin International Co (ROCO:2755) Gross Profit : NT$439 Mil (TTM As of Mar. 2024)


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What is YoungQin International Co Gross Profit?

YoungQin International Co's gross profit for the three months ended in Mar. 2024 was NT$147 Mil. YoungQin International Co's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was NT$439 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. YoungQin International Co's gross profit for the three months ended in Mar. 2024 was NT$147 Mil. YoungQin International Co's Revenue for the three months ended in Mar. 2024 was NT$567 Mil. Therefore, YoungQin International Co's Gross Margin % for the quarter that ended in Mar. 2024 was 25.97%.

YoungQin International Co had a gross margin of 25.97% for the quarter that ended in Mar. 2024 => Competition eroding margins

During the past 7 years, the highest Gross Margin % of YoungQin International Co was 31.37%. The lowest was 25.30%. And the median was 26.06%.

Warning Sign:

YoungQin International Co Ltd gross margin has been in long-term decline. The average rate of decline per year is -1.9%.


YoungQin International Co Gross Profit Historical Data

The historical data trend for YoungQin International Co's Gross Profit 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.

YoungQin International Co Gross Profit Chart

YoungQin International Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Gross Profit
Get a 7-Day Free Trial 286.85 332.57 385.57 398.62 502.88

YoungQin International Co Quarterly Data
Dec18 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Mar24
Gross Profit 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 133.49 129.97 143.51 148.38 147.28

Competitive Comparison of YoungQin International Co's Gross Profit

For the Restaurants subindustry, YoungQin International Co's Gross Profit, along with its competitors' market caps and Gross Profit 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.


YoungQin International Co's Gross Profit Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, YoungQin International Co's Gross Profit distribution charts can be found below:

* The bar in red indicates where YoungQin International Co's Gross Profit falls into.



YoungQin International Co Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

YoungQin International Co's Gross Profit for the fiscal year that ended in Dec. 2022 is calculated as

Gross Profit (A: Dec. 2022 )=Revenue - Cost of Goods Sold
=1884.077 - 1381.194
=503

YoungQin International Co's Gross Profit for the quarter that ended in Mar. 2024 is calculated as

Gross Profit (Q: Mar. 2024 )=Revenue - Cost of Goods Sold
=567.063 - 419.788
=147

Gross Profit for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was NT$439 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

YoungQin International 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 )
=(Revenue - Cost of Goods Sold) / Revenue
=147 / 567.063
=25.97 %

* 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.


YoungQin International Co  (ROCO:2755) Gross Profit 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

YoungQin International Co had a gross margin of 25.97% for the quarter that ended in Mar. 2024 => Competition eroding margins


YoungQin International Co Gross Profit Related Terms

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YoungQin International Co (ROCO:2755) Business Description

Traded in Other Exchanges
N/A
Address
Number 16 Hejiang Road, Zhongli District, Taoyuan, TWN, 320
YoungQin International Co Ltd is a Taiwan based company providing restaurant and bakery business. The Group is mainly engaged in the franchising of chain restaurants and the sales of related products.

YoungQin International Co (ROCO:2755) Headlines

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