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Acter Group (ROCO:5536) Gross Margin % : 20.77% (As of Mar. 2024)


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What is Acter Group Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Acter Group's Gross Profit for the three months ended in Mar. 2024 was NT$1,137 Mil. Acter Group's Revenue for the three months ended in Mar. 2024 was NT$5,477 Mil. Therefore, Acter Group's Gross Margin % for the quarter that ended in Mar. 2024 was 20.77%.


The historical rank and industry rank for Acter Group's Gross Margin % or its related term are showing as below:

ROCO:5536' s Gross Margin % Range Over the Past 10 Years
Min: 8.21   Med: 17.37   Max: 20.29
Current: 19.83


During the past 13 years, the highest Gross Margin % of Acter Group was 20.29%. The lowest was 8.21%. And the median was 17.37%.

ROCO:5536's Gross Margin % is ranked better than
51.21% of 1613 companies
in the Construction industry
Industry Median: 19.14 vs ROCO:5536: 19.83

Acter Group had a gross margin of 20.77% for the quarter that ended in Mar. 2024 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Acter Group was -0.50% per year.


Acter Group Gross Margin % Historical Data

The historical data trend for Acter Group's Gross Margin % 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.

Acter Group Gross Margin % Chart

Acter Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 20.29 18.02 16.24 16.91 19.62

Acter Group Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Gross Margin % 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 19.82 21.06 19.15 18.53 20.77

Competitive Comparison of Acter Group's Gross Margin %

For the Engineering & Construction subindustry, Acter Group's Gross Margin %, along with its competitors' market caps and Gross Margin % 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.


Acter Group's Gross Margin % Distribution in the Construction Industry

For the Construction industry and Industrials sector, Acter Group's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Acter Group's Gross Margin % falls into.



Acter Group Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

Acter Group's Gross Margin for the fiscal year that ended in Dec. 2023 is calculated as

Gross Margin % (A: Dec. 2023 )=Gross Profit (A: Dec. 2023 ) / Revenue (A: Dec. 2023 )
=4917.7 / 25060.741
=(Revenue - Cost of Goods Sold) / Revenue
=(25060.741 - 20142.993) / 25060.741
=19.62 %

Acter Group'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 )
=1137.3 / 5476.735
=(Revenue - Cost of Goods Sold) / Revenue
=(5476.735 - 4339.472) / 5476.735
=20.77 %

* 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.


Acter Group  (ROCO:5536) Gross Margin % 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

Acter Group had a gross margin of 20.77% for the quarter that ended in Mar. 2024 => Competition eroding margins


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


Acter Group Gross Margin % Related Terms

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Acter Group (ROCO:5536) Business Description

Traded in Other Exchanges
N/A
Address
No. 201, Wenxin Road, 19th Floor-1, Section 2, Xitun District, Taichung, TWN, 40758
Acter Group Corp Ltd Formerly Acter Co Ltd is a Taiwan-based engineering and construction company. It is engaged in providing construction, design, and maintenance services related to air conditioners, environmental control services, clean room set-up, ice water machine trading, energy-storing equipment trading, ventilation engineering, and energy technology services. The company's geographical segments include Taiwan, Mainland China, and other Asian countries. It generates maximum revenue from Taiwan, which provides engineering services and sales.

Acter Group (ROCO:5536) Headlines

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