GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Norbel Baby Co Ltd (ROCO:6844) » Definitions » Gross Profit

Norbel Baby Co (ROCO:6844) Gross Profit : NT$1,227 Mil (TTM As of Dec. 2023)


View and export this data going back to 2021. Start your Free Trial

What is Norbel Baby Co Gross Profit?

Norbel Baby Co's gross profit for the three months ended in Dec. 2023 was NT$294 Mil. Norbel Baby Co's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was NT$1,227 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Norbel Baby Co's gross profit for the three months ended in Dec. 2023 was NT$294 Mil. Norbel Baby Co's Revenue for the three months ended in Dec. 2023 was NT$860 Mil. Therefore, Norbel Baby Co's Gross Margin % for the quarter that ended in Dec. 2023 was 34.23%.

Norbel Baby Co had a gross margin of 34.23% for the quarter that ended in Dec. 2023 => Competition eroding margins

During the past 6 years, the highest Gross Margin % of Norbel Baby Co was 35.51%. The lowest was 31.52%. And the median was 33.36%.


Norbel Baby Co Gross Profit Historical Data

The historical data trend for Norbel Baby 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.

Norbel Baby Co Gross Profit Chart

Norbel Baby Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
Get a 7-Day Free Trial 1,163.05 1,225.98 1,229.80 1,425.23 1,227.01

Norbel Baby Co Quarterly Data
Dec18 Dec19 Jun20 Dec20 Jun21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 344.02 332.25 311.18 289.25 294.33

Competitive Comparison of Norbel Baby Co's Gross Profit

For the Specialty Retail subindustry, Norbel Baby 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.


Norbel Baby Co's Gross Profit Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Norbel Baby Co's Gross Profit distribution charts can be found below:

* The bar in red indicates where Norbel Baby Co's Gross Profit falls into.



Norbel Baby Co Gross Profit Calculation

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

Norbel Baby Co'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
=3602.136 - 2375.126
=1,227

Norbel Baby Co's Gross Profit for the quarter that ended in Dec. 2023 is calculated as

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=859.877 - 565.552
=294

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was NT$1,227 Mil.

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

Norbel Baby Co'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 )
=(Revenue - Cost of Goods Sold) / Revenue
=294 / 859.877
=34.23 %

* 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.


Norbel Baby Co  (ROCO:6844) 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

Norbel Baby Co had a gross margin of 34.23% for the quarter that ended in Dec. 2023 => Competition eroding margins


Norbel Baby Co Gross Profit Related Terms

Thank you for viewing the detailed overview of Norbel Baby Co's Gross Profit provided by GuruFocus.com. Please click on the following links to see related term pages.


Norbel Baby Co (ROCO:6844) Business Description

Traded in Other Exchanges
N/A
Address
No. 87, Dachang 2nd Road, Sanmin District, Kaohsiung, TWN
Norbel Baby Co Ltd is engaged in the sale of pharmaceutical products. It offers Milk products, Paper pants wipes, Baby supplies, and Cosmeceuticals among other products.

Norbel Baby Co (ROCO:6844) Headlines

No Headlines