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ABICO NetCom Co (ROCO:8071) Gross Profit : NT$328 Mil (TTM As of Mar. 2024)


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What is ABICO NetCom Co Gross Profit?

ABICO NetCom Co's gross profit for the three months ended in Mar. 2024 was NT$62 Mil. ABICO NetCom Co's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was NT$328 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. ABICO NetCom Co's gross profit for the three months ended in Mar. 2024 was NT$62 Mil. ABICO NetCom Co's Revenue for the three months ended in Mar. 2024 was NT$449 Mil. Therefore, ABICO NetCom Co's Gross Margin % for the quarter that ended in Mar. 2024 was 13.71%.

ABICO NetCom Co had a gross margin of 13.71% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage

During the past 13 years, the highest Gross Margin % of ABICO NetCom Co was 19.90%. The lowest was 14.34%. And the median was 17.26%.

Warning Sign:

ABICO NetCom Co gross margin has been in long-term decline. The average rate of decline per year is -2.4%.


ABICO NetCom Co Gross Profit Historical Data

The historical data trend for ABICO NetCom 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.

ABICO NetCom Co Gross Profit Chart

ABICO NetCom Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 965.75 342.88 417.75 463.74 346.66

ABICO NetCom Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 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 80.20 83.28 92.82 90.37 61.50

Competitive Comparison of ABICO NetCom Co's Gross Profit

For the Computer Hardware subindustry, ABICO NetCom 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.


ABICO NetCom Co's Gross Profit Distribution in the Hardware Industry

For the Hardware industry and Technology sector, ABICO NetCom Co's Gross Profit distribution charts can be found below:

* The bar in red indicates where ABICO NetCom Co's Gross Profit falls into.



ABICO NetCom Co Gross Profit Calculation

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

ABICO NetCom Co's Gross Profit for the fiscal year that ended in Dec. 2023 is calculated as

Gross Profit (A: Dec. 2023 )=Revenue - Cost of Goods Sold
=2119.765 - 1773.107
=347

ABICO NetCom 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
=448.65 - 387.146
=62

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$328 Mil.

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

ABICO NetCom 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
=62 / 448.65
=13.71 %

* 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.


ABICO NetCom Co  (ROCO:8071) 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

ABICO NetCom Co had a gross margin of 13.71% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage


ABICO NetCom Co Gross Profit Related Terms

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ABICO NetCom Co (ROCO:8071) Business Description

Traded in Other Exchanges
N/A
Address
13F-1, No. 27, Lane 169, Kang-Ning Street, Hsi-Chih District, New Taipei, Taipei, TWN
ABICO NetCom Co is a Taiwan-based company, mainly engaged in the manufacture of optical disks. The company provides CDs, and DVDs, and is also involved in diversified services including distribution and logistics.

ABICO NetCom Co (ROCO:8071) Headlines

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