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Walrus Pump Co (ROCO:6982) Gross Margin % : 27.37% (As of Dec. 2023)


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What is Walrus Pump Co Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Walrus Pump Co's Gross Profit for the six months ended in Dec. 2023 was NT$189 Mil. Walrus Pump Co's Revenue for the six months ended in Dec. 2023 was NT$691 Mil. Therefore, Walrus Pump Co's Gross Margin % for the quarter that ended in Dec. 2023 was 27.37%.


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

ROCO:6982' s Gross Margin % Range Over the Past 10 Years
Min: 25.15   Med: 26.83   Max: 27.73
Current: 27.73


During the past 3 years, the highest Gross Margin % of Walrus Pump Co was 27.73%. The lowest was 25.15%. And the median was 26.83%.

ROCO:6982's Gross Margin % is ranked better than
53.6% of 2931 companies
in the Industrial Products industry
Industry Median: 26.55 vs ROCO:6982: 27.73

Walrus Pump Co had a gross margin of 27.37% for the quarter that ended in Dec. 2023 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Walrus Pump Co was 0.00% per year.


Walrus Pump Co Gross Margin % Historical Data

The historical data trend for Walrus Pump Co'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.

Walrus Pump Co Gross Margin % Chart

Walrus Pump Co Annual Data
Trend Dec21 Dec22 Dec23
Gross Margin %
25.15 26.83 27.73

Walrus Pump Co Semi-Annual Data
Dec21 Jun22 Dec22 Jun23 Dec23
Gross Margin % - 27.01 26.62 28.07 27.37

Competitive Comparison of Walrus Pump Co's Gross Margin %

For the Specialty Industrial Machinery subindustry, Walrus Pump Co'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.


Walrus Pump Co's Gross Margin % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Walrus Pump Co's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Walrus Pump Co's Gross Margin % falls into.



Walrus Pump Co Gross Margin % Calculation

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

Walrus Pump Co'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 )
=389.5 / 1404.797
=(Revenue - Cost of Goods Sold) / Revenue
=(1404.797 - 1015.289) / 1404.797
=27.73 %

Walrus Pump Co's Gross Margin for the quarter that ended in Dec. 2023 is calculated as


Gross Margin % (Q: Dec. 2023 )=Gross Profit (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=189.2 / 690.992
=(Revenue - Cost of Goods Sold) / Revenue
=(690.992 - 501.839) / 690.992
=27.37 %

* 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.


Walrus Pump Co  (ROCO:6982) 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

Walrus Pump Co had a gross margin of 27.37% for the quarter that ended in Dec. 2023 => 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.


Walrus Pump Co Gross Margin % Related Terms

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Walrus Pump Co (ROCO:6982) Business Description

Traded in Other Exchanges
N/A
Address
No. 83-14, Dapiantou, Sanzhi District, New Taipei, TWN, 252002
Walrus Pump Co Ltd is a company engaged in the design, research and development, manufacturing, sales and services in the field of water pumps. It has manufacturing bases in Taipei and Kaohsiung, Taiwan, and Suzhou, China.

Walrus Pump Co (ROCO:6982) Headlines

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