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Trio-Tech International (Trio-Tech International) Gross Margin %

: 23.39% (As of Dec. 2023)
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Gross Margin % is calculated as gross profit divided by its revenue. Trio-Tech International's Gross Profit for the three months ended in Dec. 2023 was $2.85 Mil. Trio-Tech International's Revenue for the three months ended in Dec. 2023 was $12.20 Mil. Therefore, Trio-Tech International's Gross Margin % for the quarter that ended in Dec. 2023 was 23.39%.


The historical rank and industry rank for Trio-Tech International's Gross Margin % or its related term are showing as below:

TRT' s Gross Margin % Range Over the Past 10 Years
Min: 21.08   Med: 24.83   Max: 27.06
Current: 24.63


During the past 13 years, the highest Gross Margin % of Trio-Tech International was 27.06%. The lowest was 21.08%. And the median was 24.83%.

TRT's Gross Margin % is ranked worse than
57.73% of 970 companies
in the Semiconductors industry
Industry Median: 27.875 vs TRT: 24.63

Trio-Tech International had a gross margin of 23.39% for the quarter that ended in Dec. 2023 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Trio-Tech International was 2.70% per year.


Trio-Tech International Gross Margin % Historical Data

The historical data trend for Trio-Tech International'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.

Trio-Tech International Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Gross Margin %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 22.96 21.08 23.63 26.63 27.06

Trio-Tech International Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Gross Margin % 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 Premium Member Only Premium Member Only Premium Member Only 26.92 24.97 25.22 25.29 23.39

Competitive Comparison

For the Semiconductor Equipment & Materials subindustry, Trio-Tech International'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.


Trio-Tech International Gross Margin % Distribution

For the Semiconductors industry and Technology sector, Trio-Tech International's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Trio-Tech International's Gross Margin % falls into.



Trio-Tech International Gross Margin % Calculation

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

Trio-Tech International's Gross Margin for the fiscal year that ended in Jun. 2023 is calculated as

Gross Margin % (A: Jun. 2023 )=Gross Profit (A: Jun. 2023 ) / Revenue (A: Jun. 2023 )
=11.7 / 43.25
=(Revenue - Cost of Goods Sold) / Revenue
=(43.25 - 31.545) / 43.25
=27.06 %

Trio-Tech International'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 )
=2.9 / 12.202
=(Revenue - Cost of Goods Sold) / Revenue
=(12.202 - 9.348) / 12.202
=23.39 %

* 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.


Trio-Tech International  (AMEX:TRT) 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

Trio-Tech International had a gross margin of 23.39% for the quarter that ended in Dec. 2023 => 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.


Trio-Tech International Gross Margin % Related Terms

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


Trio-Tech International (Trio-Tech International) Business Description

Traded in Other Exchanges
N/A
Address
Unit 03-09, Block 1008, Toa Payoh North, Singapore, SGP, 318996
Trio-Tech International is a provider of third-party semiconductor testing and burn-in services through its laboratories in Southeast Asia. The company operates in four segments namely Manufacturing, Testing services, Distribution, and Real Estate. Its Manufacturing segment manufactures both front-end and back-end semiconductor test equipment and related peripherals. The Testing segment renders services to the manufacturer and purchaser of semiconductors and other entities. Its Distribution segment is involved in the distribution of its products. The company's Real Estate segment consists of investment in real estate. Its geographical area of operations includes the United States, Singapore, Malaysia, Thailand, and China.
Executives
Jason T Adelman director 900 PARK AVENUE, APARTMENT 15A, NEW YORK NY 10021
Anitha Srinivasan officer: CFO 103 HILLVIEW RISE, #09-18, SINGAPORE U0 667982
Ting Victor Hock Ming director 770 BEDOK RESERVOIR ROAD, #01-03, SINGAPORE U0 479250
S W Yong director, 10 percent owner, officer: Chief Executive Officer 7 PANDAN VALLEY, 16-502 POINCIANA TOWER, SINGAPORE U0 597631
Richard M Horowitz director 9301 WILSHIRE BOULEVARD #206, BEVERLY HILLS CA 90210
Kuan Soon Siew officer: Vice President 126 BUKIT MERAH VIEW, #18-374 U0 151126
Hwee Poh Lim officer: Vice President - Testing 39 WARINGIN WALK, SINGAPORE U0 416292
A Charles Wilson director 623 NORTH PALM DRIVE, BEVERLY HILLS CA 90210
Daniel Zeff 10 percent owner 400 S. MCCADDEN PL., LOS ANGELES CA 90020
Spectrum Galaxy Fund Ltd. 10 percent owner 50 CALIFORNIA STREET, SUITE 1500, SAN FRANCISCO CA 94111
Zeff Capital Partners I, L.p. 10 percent owner C/O ZEFF HOLDING COMPANY, LLC, 50 CALIFORNIA STREET, SAN FRANCISCO CA 94111
Zeff Holding Company, Llc 10 percent owner 400 S. MCCADDEN PL., LOS ANGELES CA 90020

Trio-Tech International (Trio-Tech International) Headlines