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Hitron Technologies (TPE:2419) Gross Profit : NT$1,869 Mil (TTM As of Mar. 2024)


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What is Hitron Technologies Gross Profit?

Hitron Technologies's gross profit for the three months ended in Mar. 2024 was NT$400 Mil. Hitron Technologies's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was NT$1,869 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Hitron Technologies's gross profit for the three months ended in Mar. 2024 was NT$400 Mil. Hitron Technologies's Revenue for the three months ended in Mar. 2024 was NT$2,110 Mil. Therefore, Hitron Technologies's Gross Margin % for the quarter that ended in Mar. 2024 was 18.97%.

Hitron Technologies had a gross margin of 18.97% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage

During the past 13 years, the highest Gross Margin % of Hitron Technologies was 25.42%. The lowest was 18.37%. And the median was 21.68%.


Hitron Technologies Gross Profit Historical Data

The historical data trend for Hitron Technologies'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.

Hitron Technologies Gross Profit Chart

Hitron Technologies 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 2,084.77 2,152.50 1,964.12 2,711.17 2,028.15

Hitron Technologies 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 559.78 462.43 423.56 582.38 400.14

Competitive Comparison of Hitron Technologies's Gross Profit

For the Communication Equipment subindustry, Hitron Technologies'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.


Hitron Technologies's Gross Profit Distribution in the Hardware Industry

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

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



Hitron Technologies Gross Profit Calculation

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

Hitron Technologies'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
=9403.662 - 7375.511
=2,028

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

Gross Profit (Q: Mar. 2024 )=Revenue - Cost of Goods Sold
=2109.786 - 1709.65
=400

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$1,869 Mil.

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

Hitron Technologies'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
=400 / 2109.786
=18.97 %

* 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.


Hitron Technologies  (TPE:2419) 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

Hitron Technologies had a gross margin of 18.97% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage


Hitron Technologies Gross Profit Related Terms

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Hitron Technologies (TPE:2419) Business Description

Traded in Other Exchanges
N/A
Address
No. 1-8, Lihsin 1st Road, Hsinchu Science Park, Hsinchu, TWN, 30078
Hitron Technologies Inc manufactures and distributes communication and telecommunication products. The Company is mainly engaged in integrating communication systems, and producing and selling electronic and telecom communication products. Its products include cable modems, wireless gateway, and IPTV, among others. The majority is from the Sales revenue.

Hitron Technologies (TPE:2419) Headlines

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