GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Actoz Soft Co Ltd (XKRX:052790) » Definitions » Gross Margin %

Actoz Soft Co (XKRX:052790) Gross Margin % : 89.59% (As of Dec. 2023)


View and export this data going back to 2001. Start your Free Trial

What is Actoz Soft Co Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Actoz Soft Co's Gross Profit for the three months ended in Dec. 2023 was ₩24,452 Mil. Actoz Soft Co's Revenue for the three months ended in Dec. 2023 was ₩27,293 Mil. Therefore, Actoz Soft Co's Gross Margin % for the quarter that ended in Dec. 2023 was 89.59%.


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

XKRX:052790' s Gross Margin % Range Over the Past 10 Years
Min: 40.12   Med: 69.1   Max: 86.77
Current: 86.77


During the past 13 years, the highest Gross Margin % of Actoz Soft Co was 86.77%. The lowest was 40.12%. And the median was 69.10%.

XKRX:052790's Gross Margin % is ranked better than
73.99% of 519 companies
in the Interactive Media industry
Industry Median: 60.86 vs XKRX:052790: 86.77

Actoz Soft Co had a gross margin of 89.59% for the quarter that ended in Dec. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Actoz Soft Co was 4.80% per year.


Actoz Soft Co Gross Margin % Historical Data

The historical data trend for Actoz Soft 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.

Actoz Soft Co Gross Margin % Chart

Actoz Soft Co 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 76.27 75.30 79.77 75.54 86.77

Actoz Soft Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 68.83 76.93 77.63 91.46 89.59

Competitive Comparison of Actoz Soft Co's Gross Margin %

For the Electronic Gaming & Multimedia subindustry, Actoz Soft 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.


Actoz Soft Co's Gross Margin % Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Actoz Soft Co's Gross Margin % distribution charts can be found below:

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



Actoz Soft Co Gross Margin % Calculation

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

Actoz Soft 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 )
=77536.1 / 89363.311
=(Revenue - Cost of Goods Sold) / Revenue
=(89363.311 - 11827.203) / 89363.311
=86.77 %

Actoz Soft 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 )
=24451.5 / 27292.943
=(Revenue - Cost of Goods Sold) / Revenue
=(27292.943 - 2841.4) / 27292.943
=89.59 %

* 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.


Actoz Soft Co  (XKRX:052790) 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

Actoz Soft Co had a gross margin of 89.59% for the quarter that ended in Dec. 2023 => Durable competitive advantage


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.


Actoz Soft Co Gross Margin % Related Terms

Thank you for viewing the detailed overview of Actoz Soft Co's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Actoz Soft Co (XKRX:052790) Business Description

Traded in Other Exchanges
N/A
Address
Yeoksam Building 10th Floor-15th Floor, 8, Teheran-ro 44-gil, Gangnam-gu, Seoul, KOR, 06210
Actoz Soft Co Ltd is an entertainment company, operates in the online gaming industry in South Korea. It develops, operates, publishes, and licenses online games worldwide. It also develops 3D online games and console games; 3D game engines; and animation in house software online game engines. In addition, it distributes third party developed games.

Actoz Soft Co (XKRX:052790) Headlines

No Headlines