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Hiwin Mikrosystem (TPE:4576) Gross Profit : NT$617 Mil (TTM As of Mar. 2024)


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What is Hiwin Mikrosystem Gross Profit?

Hiwin Mikrosystem's gross profit for the three months ended in Mar. 2024 was NT$113 Mil. Hiwin Mikrosystem's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was NT$617 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Hiwin Mikrosystem's gross profit for the three months ended in Mar. 2024 was NT$113 Mil. Hiwin Mikrosystem's Revenue for the three months ended in Mar. 2024 was NT$454 Mil. Therefore, Hiwin Mikrosystem's Gross Margin % for the quarter that ended in Mar. 2024 was 24.87%.

Hiwin Mikrosystem had a gross margin of 24.87% for the quarter that ended in Mar. 2024 => Competition eroding margins

During the past 9 years, the highest Gross Margin % of Hiwin Mikrosystem was 37.95%. The lowest was 29.80%. And the median was 34.58%.

Warning Sign:

Hiwin Mikrosystem Corp gross margin has been in long-term decline. The average rate of decline per year is -2.2%.


Hiwin Mikrosystem Gross Profit Historical Data

The historical data trend for Hiwin Mikrosystem'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.

Hiwin Mikrosystem Gross Profit Chart

Hiwin Mikrosystem Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
Get a 7-Day Free Trial Premium Member Only 649.54 839.75 1,086.21 1,116.39 668.43

Hiwin Mikrosystem 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 164.02 158.46 164.21 181.74 112.89

Competitive Comparison of Hiwin Mikrosystem's Gross Profit

For the Electrical Equipment & Parts subindustry, Hiwin Mikrosystem'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.


Hiwin Mikrosystem's Gross Profit Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Hiwin Mikrosystem's Gross Profit distribution charts can be found below:

* The bar in red indicates where Hiwin Mikrosystem's Gross Profit falls into.



Hiwin Mikrosystem Gross Profit Calculation

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

Hiwin Mikrosystem'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
=2170.2 - 1501.768
=668

Hiwin Mikrosystem's Gross Profit for the quarter that ended in Mar. 2024 is calculated as

Gross Profit (Q: Mar. 2024 )=Revenue - Cost of Goods Sold
=453.943 - 341.051
=113

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$617 Mil.

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

Hiwin Mikrosystem'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
=113 / 453.943
=24.87 %

* 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.


Hiwin Mikrosystem  (TPE:4576) 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

Hiwin Mikrosystem had a gross margin of 24.87% for the quarter that ended in Mar. 2024 => Competition eroding margins


Hiwin Mikrosystem Gross Profit Related Terms

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Hiwin Mikrosystem (TPE:4576) Business Description

Traded in Other Exchanges
N/A
Address
No.6, Jingke Central Road, Chuen She Village, Nantun District, Taichung, TWN
Hiwin Mikrosystem Corp is engaged in manufactures, repairs and sells a variety of motors, drives and automation systems. Its product offerings include ballscrews, rolled ballscrews, precision linear guideways, rotary motor, single axis motor, among other. Its products can be applied in semiconductor equipment, optical component manufacturing equipment, automation equipment, Medicare and healthcare equipment, rehabilitation equipment, and transportation.

Hiwin Mikrosystem (TPE:4576) Headlines

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