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iXensor Co (ROCO:6734) Gross Profit : NT$1.60 Mil (TTM As of Dec. 2023)


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What is iXensor Co Gross Profit?

iXensor Co's gross profit for the six months ended in Dec. 2023 was NT$1.19 Mil. iXensor Co's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was NT$1.60 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. iXensor Co's gross profit for the six months ended in Dec. 2023 was NT$1.19 Mil. iXensor Co's Revenue for the six months ended in Dec. 2023 was NT$9.50 Mil. Therefore, iXensor Co's Gross Margin % for the quarter that ended in Dec. 2023 was 12.54%.

iXensor Co had a gross margin of 12.54% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

During the past 8 years, the highest Gross Margin % of iXensor Co was 61.48%. The lowest was 5.42%. And the median was 28.28%.


iXensor Co Gross Profit Historical Data

The historical data trend for iXensor 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.

iXensor Co Gross Profit Chart

iXensor Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
Get a 7-Day Free Trial 9.03 4.50 4.62 62.60 1.60

iXensor Co Semi-Annual Data
Dec16 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 4.39 50.57 12.03 0.41 1.19

Competitive Comparison of iXensor Co's Gross Profit

For the Medical Devices subindustry, iXensor 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.


iXensor Co's Gross Profit Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, iXensor Co's Gross Profit distribution charts can be found below:

* The bar in red indicates where iXensor Co's Gross Profit falls into.



iXensor Co Gross Profit Calculation

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

iXensor 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
=20.889 - 19.29
=1.60

iXensor Co's Gross Profit for the quarter that ended in Dec. 2023 is calculated as

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=9.503 - 8.311
=1.19

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was NT$1.60 Mil.

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

iXensor 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 )
=(Revenue - Cost of Goods Sold) / Revenue
=1.19 / 9.503
=12.54 %

* 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.


iXensor Co  (ROCO:6734) 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

iXensor Co had a gross margin of 12.54% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage


iXensor Co Gross Profit Related Terms

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iXensor Co (ROCO:6734) Business Description

Traded in Other Exchanges
N/A
Address
No. 9, Lane 2, Lane 35, Jihu Road, 6th Floor, Neihu District, Taipei, TWN, 11492
iXensor Co Ltd is a Taiwan based company involved in research and development, manufacturing and sales of medical equipment. Its PixoTest technology utilizes the lighting and image sensing module of the smartphone or mobile device to detect the color change reaction on the biochemical test strip. This enables the users to monitor their conditions of diabetes, cardiovascular diseases, women health problems, or infectious diseases.

iXensor Co (ROCO:6734) Headlines

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