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Grand-Tek Technology Co (ROCO:3684) Gross Profit : NT$284.9 Mil (TTM As of Sep. 2024)


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What is Grand-Tek Technology Co Gross Profit?

Grand-Tek Technology Co's gross profit for the three months ended in Sep. 2024 was NT$71.4 Mil. Grand-Tek Technology Co's gross profit for the trailing twelve months (TTM) ended in Sep. 2024 was NT$284.9 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Grand-Tek Technology Co's gross profit for the three months ended in Sep. 2024 was NT$71.4 Mil. Grand-Tek Technology Co's Revenue for the three months ended in Sep. 2024 was NT$225.9 Mil. Therefore, Grand-Tek Technology Co's Gross Margin % for the quarter that ended in Sep. 2024 was 31.59%.

Grand-Tek Technology Co had a gross margin of 31.59% for the quarter that ended in Sep. 2024 => Competition eroding margins

During the past 13 years, the highest Gross Margin % of Grand-Tek Technology Co was 39.69%. The lowest was 29.74%. And the median was 36.51%.

Warning Sign:

Grand-Tek Technology Co Ltd gross margin has been in long-term decline. The average rate of decline per year is -4.9%.


Grand-Tek Technology Co Gross Profit Historical Data

The historical data trend for Grand-Tek Technology 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.

Grand-Tek Technology Co Gross Profit Chart

Grand-Tek Technology 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 186.85 184.78 273.57 356.75 243.57

Grand-Tek Technology Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 56.04 60.60 61.03 91.85 71.38

Competitive Comparison of Grand-Tek Technology Co's Gross Profit

For the Electronic Components subindustry, Grand-Tek Technology 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.


Grand-Tek Technology Co's Gross Profit Distribution in the Hardware Industry

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

* The bar in red indicates where Grand-Tek Technology Co's Gross Profit falls into.



Grand-Tek Technology Co Gross Profit Calculation

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

Grand-Tek Technology 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
=807.62 - 564.046
=243.6

Grand-Tek Technology Co's Gross Profit for the quarter that ended in Sep. 2024 is calculated as

Gross Profit (Q: Sep. 2024 )=Revenue - Cost of Goods Sold
=225.948 - 154.573
=71.4

Gross Profit for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was NT$284.9 Mil.

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

Grand-Tek Technology Co's Gross Margin % for the quarter that ended in Sep. 2024 is calculated as

Gross Margin % (Q: Sep. 2024 )=Gross Profit (Q: Sep. 2024 ) / Revenue (Q: Sep. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=71.4 / 225.948
=31.59 %

* 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.


Grand-Tek Technology Co  (ROCO:3684) 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

Grand-Tek Technology Co had a gross margin of 31.59% for the quarter that ended in Sep. 2024 => Competition eroding margins


Grand-Tek Technology Co Gross Profit Related Terms

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Grand-Tek Technology Co Business Description

Traded in Other Exchanges
N/A
Address
Bao Ciao Road, Sin Dian District, 3rd Floor, No 4, Lane 235, New Taipei City, TWN, 23145
Grand-Tek Technology Co Ltd is an engaged in the design and manufacturing of electronic components. The company provides cable assemblies. Its products include RF and DATA, Outdoor Protection, Outdoor Unit, Telematrics Antenna, and TQSC System Technology.

Grand-Tek Technology Co Headlines

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