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Comtrend (ROCO:8089) Gross Profit : NT$1,095 Mil (TTM As of Mar. 2024)


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What is Comtrend Gross Profit?

Comtrend's gross profit for the three months ended in Mar. 2024 was NT$940 Mil. Comtrend's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was NT$1,095 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Comtrend's gross profit for the three months ended in Mar. 2024 was NT$940 Mil. Comtrend's Revenue for the three months ended in Mar. 2024 was NT$1,725 Mil. Therefore, Comtrend's Gross Margin % for the quarter that ended in Mar. 2024 was 54.51%.

Comtrend had a gross margin of 54.51% for the quarter that ended in Mar. 2024 => Durable competitive advantage

During the past 10 years, the highest Gross Margin % of Comtrend was 45.32%. The lowest was 20.86%. And the median was 30.26%.

Warning Sign:

Comtrend Corp gross margin has been in long-term decline. The average rate of decline per year is -3.5%.


Comtrend Gross Profit Historical Data

The historical data trend for Comtrend'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.

Comtrend Gross Profit Chart

Comtrend 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 753.72 842.62 535.04 594.54 185.42

Comtrend Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 890.62 27.92 90.38 37.18 940.02

Competitive Comparison of Comtrend's Gross Profit

For the Communication Equipment subindustry, Comtrend'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.


Comtrend's Gross Profit Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Comtrend's Gross Profit distribution charts can be found below:

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



Comtrend Gross Profit Calculation

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

Comtrend'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
=888.721 - 703.301
=185

Comtrend's Gross Profit for the quarter that ended in Mar. 2024 is calculated as

Gross Profit (Q: Mar. 2024 )=Revenue - Cost of Goods Sold
=1724.632 - 784.612
=940

Gross Profit for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was NT$1,095 Mil.

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

Comtrend'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 )
=(Revenue - Cost of Goods Sold) / Revenue
=940 / 1724.632
=54.51 %

* 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.


Comtrend  (ROCO:8089) 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

Comtrend had a gross margin of 54.51% for the quarter that ended in Mar. 2024 => Durable competitive advantage


Comtrend Gross Profit Related Terms

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Comtrend (ROCO:8089) Business Description

Traded in Other Exchanges
N/A
Address
10 Lane 609, Chung Hsin Road, 3rd Floor-1, Section 5, Sanchong District, New Taipei City, TWN, 241405
Comtrend Corp is a Taiwan-based designer and manufacturer of broadband communication equipment. The company manufactures and sells multiplexers, high-speed network access devices, digital user loop devices, access routers, converters, splitters, and other products.

Comtrend (ROCO:8089) Headlines

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