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Ingenic Semiconductor Co (SZSE:300223) Gross Margin % : 37.45% (As of Mar. 2024)


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What is Ingenic Semiconductor Co Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Ingenic Semiconductor Co's Gross Profit for the three months ended in Mar. 2024 was ¥377 Mil. Ingenic Semiconductor Co's Revenue for the three months ended in Mar. 2024 was ¥1,007 Mil. Therefore, Ingenic Semiconductor Co's Gross Margin % for the quarter that ended in Mar. 2024 was 37.45%.


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

SZSE:300223' s Gross Margin % Range Over the Past 10 Years
Min: 27.13   Med: 39.17   Max: 55.45
Current: 37.18


During the past 13 years, the highest Gross Margin % of Ingenic Semiconductor Co was 55.45%. The lowest was 27.13%. And the median was 39.17%.

SZSE:300223's Gross Margin % is ranked better than
73.53% of 2437 companies
in the Hardware industry
Industry Median: 24.45 vs SZSE:300223: 37.18

Ingenic Semiconductor Co had a gross margin of 37.45% for the quarter that ended in Mar. 2024 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Ingenic Semiconductor Co was -0.40% per year.


Ingenic Semiconductor Co Gross Margin % Historical Data

The historical data trend for Ingenic Semiconductor 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.

Ingenic Semiconductor Co Gross Margin % Chart

Ingenic Semiconductor 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 39.78 27.13 36.96 38.56 37.10

Ingenic Semiconductor Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 37.08 35.87 37.11 38.38 37.45

Competitive Comparison of Ingenic Semiconductor Co's Gross Margin %

For the Computer Hardware subindustry, Ingenic Semiconductor 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.


Ingenic Semiconductor Co's Gross Margin % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Ingenic Semiconductor Co's Gross Margin % distribution charts can be found below:

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



Ingenic Semiconductor Co Gross Margin % Calculation

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

Ingenic Semiconductor 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 )
=1680.9 / 4530.926
=(Revenue - Cost of Goods Sold) / Revenue
=(4530.926 - 2850.001) / 4530.926
=37.10 %

Ingenic Semiconductor Co'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 )
=377.1 / 1007.095
=(Revenue - Cost of Goods Sold) / Revenue
=(1007.095 - 629.978) / 1007.095
=37.45 %

* 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.


Ingenic Semiconductor Co  (SZSE:300223) 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

Ingenic Semiconductor Co had a gross margin of 37.45% for the quarter that ended in Mar. 2024 => 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.


Ingenic Semiconductor Co Gross Margin % Related Terms

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Ingenic Semiconductor Co (SZSE:300223) Business Description

Traded in Other Exchanges
N/A
Address
Xibeiwang East Road, East Building 14, Courtyard No. 10, Haidian District, Beijing, CHN, 100193
Ingenic Semiconductor Co Ltd is a China-based company engaged in the research and development, manufacture, and sale of central processing unit (CPU) chips and supporting software platform. It offers solutions for wearables and consumer devices markets, which cover smart Internet of things, smart videos, smart wearables, and CPU technology products.

Ingenic Semiconductor Co (SZSE:300223) Headlines

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