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Anxo Pharmaceutical Co (ROCO:6677) Gross Profit : NT$404.1 Mil (TTM As of Jun. 2023)


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What is Anxo Pharmaceutical Co Gross Profit?

Anxo Pharmaceutical Co's gross profit for the six months ended in Jun. 2023 was NT$188.9 Mil. Anxo Pharmaceutical Co's gross profit for the trailing twelve months (TTM) ended in Jun. 2023 was NT$404.1 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Anxo Pharmaceutical Co's gross profit for the six months ended in Jun. 2023 was NT$188.9 Mil. Anxo Pharmaceutical Co's Revenue for the six months ended in Jun. 2023 was NT$445.2 Mil. Therefore, Anxo Pharmaceutical Co's Gross Margin % for the quarter that ended in Jun. 2023 was 42.42%.

Anxo Pharmaceutical Co had a gross margin of 42.42% for the quarter that ended in Jun. 2023 => Durable competitive advantage

During the past 10 years, the highest Gross Margin % of Anxo Pharmaceutical Co was 42.93%. The lowest was 34.65%. And the median was 38.26%.


Anxo Pharmaceutical Co Gross Profit Historical Data

The historical data trend for Anxo Pharmaceutical 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.

Anxo Pharmaceutical Co Gross Profit Chart

Anxo Pharmaceutical Co Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 337.52 319.27 356.29 331.66 331.46

Anxo Pharmaceutical Co Semi-Annual Data
Dec14 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
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 154.59 177.07 116.21 215.25 188.86

Competitive Comparison of Anxo Pharmaceutical Co's Gross Profit

For the Drug Manufacturers - Specialty & Generic subindustry, Anxo Pharmaceutical 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.


Anxo Pharmaceutical Co's Gross Profit Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Anxo Pharmaceutical Co's Gross Profit distribution charts can be found below:

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



Anxo Pharmaceutical Co Gross Profit Calculation

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

Anxo Pharmaceutical Co's Gross Profit for the fiscal year that ended in Dec. 2022 is calculated as

Gross Profit (A: Dec. 2022 )=Revenue - Cost of Goods Sold
=866.274 - 534.816
=331.5

Anxo Pharmaceutical Co's Gross Profit for the quarter that ended in Jun. 2023 is calculated as

Gross Profit (Q: Jun. 2023 )=Revenue - Cost of Goods Sold
=445.186 - 256.328
=188.9

Gross Profit for the trailing twelve months (TTM) ended in Jun. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was NT$404.1 Mil.

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

Anxo Pharmaceutical Co's Gross Margin % for the quarter that ended in Jun. 2023 is calculated as

Gross Margin % (Q: Jun. 2023 )=Gross Profit (Q: Jun. 2023 ) / Revenue (Q: Jun. 2023 )
=(Revenue - Cost of Goods Sold) / Revenue
=188.9 / 445.186
=42.42 %

* 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.


Anxo Pharmaceutical Co  (ROCO:6677) 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

Anxo Pharmaceutical Co had a gross margin of 42.42% for the quarter that ended in Jun. 2023 => Durable competitive advantage


Anxo Pharmaceutical Co Gross Profit Related Terms

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Anxo Pharmaceutical Co (ROCO:6677) Business Description

Traded in Other Exchanges
N/A
Address
8th Floor-3, Nanjing East Road, No. 206, Section 2, Taipei City, TWN
Anxo Pharmaceutical Co Ltd is a drug manufacturer. The company is engaged in developing drugs which include prescription medication and consumer healthcare medication. The products of the company include cardiovascular system medication, central nervous system medication, diabetes medication, infectious medicine, and dermatology medication.

Anxo Pharmaceutical Co (ROCO:6677) Headlines

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