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Ledtech Electronics (TPE:6164) Gross Profit : NT$211.2 Mil (TTM As of Mar. 2024)


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What is Ledtech Electronics Gross Profit?

Ledtech Electronics's gross profit for the three months ended in Mar. 2024 was NT$69.5 Mil. Ledtech Electronics's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was NT$211.2 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Ledtech Electronics's gross profit for the three months ended in Mar. 2024 was NT$69.5 Mil. Ledtech Electronics's Revenue for the three months ended in Mar. 2024 was NT$214.4 Mil. Therefore, Ledtech Electronics's Gross Margin % for the quarter that ended in Mar. 2024 was 32.42%.

Ledtech Electronics had a gross margin of 32.42% for the quarter that ended in Mar. 2024 => Competition eroding margins

During the past 13 years, the highest Gross Margin % of Ledtech Electronics was 30.48%. The lowest was 24.42%. And the median was 25.99%.

Warning Sign:

Ledtech Electronics Corp gross margin has been in long-term decline. The average rate of decline per year is -1.6%.


Ledtech Electronics Gross Profit Historical Data

The historical data trend for Ledtech Electronics'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.

Ledtech Electronics Gross Profit Chart

Ledtech Electronics 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 234.76 191.36 249.51 227.11 184.98

Ledtech Electronics 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 43.26 52.02 41.83 47.88 69.50

Competitive Comparison of Ledtech Electronics's Gross Profit

For the Electrical Equipment & Parts subindustry, Ledtech Electronics'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.


Ledtech Electronics's Gross Profit Distribution in the Industrial Products Industry

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

* The bar in red indicates where Ledtech Electronics's Gross Profit falls into.



Ledtech Electronics Gross Profit Calculation

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

Ledtech Electronics'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
=717.071 - 532.089
=185.0

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

Gross Profit (Q: Mar. 2024 )=Revenue - Cost of Goods Sold
=214.368 - 144.872
=69.5

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$211.2 Mil.

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

Ledtech 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 )
=(Revenue - Cost of Goods Sold) / Revenue
=69.5 / 214.368
=32.42 %

* 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.


Ledtech Electronics  (TPE:6164) 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

Ledtech Electronics had a gross margin of 32.42% for the quarter that ended in Mar. 2024 => Competition eroding margins


Ledtech Electronics Gross Profit Related Terms

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Ledtech Electronics (TPE:6164) Business Description

Traded in Other Exchanges
N/A
Address
Zhongzheng Road, 5th Floor, No 542-5, Xindian District, New Taipei City, TWN, 231
Ledtech Electronics Corp is a Taiwan-based company engaged in the manufacturing, processing, R&D, and sale of light-emitting diode (LED) equipment.

Ledtech Electronics (TPE:6164) Headlines

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