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Titan Invo Technology (HKSE:00872) Gross Margin % : 35.51% (As of Dec. 2021)


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What is Titan Invo Technology Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Titan Invo Technology's Gross Profit for the six months ended in Dec. 2021 was HK$35.7 Mil. Titan Invo Technology's Revenue for the six months ended in Dec. 2021 was HK$100.5 Mil. Therefore, Titan Invo Technology's Gross Margin % for the quarter that ended in Dec. 2021 was 35.51%.


The historical rank and industry rank for Titan Invo Technology's Gross Margin % or its related term are showing as below:


HKSE:00872's Gross Margin % is not ranked *
in the Vehicles & Parts industry.
Industry Median: 19.91
* Ranked among companies with meaningful Gross Margin % only.

Titan Invo Technology had a gross margin of 35.51% for the quarter that ended in Dec. 2021 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Titan Invo Technology was 0.00% per year.


Titan Invo Technology Gross Margin % Historical Data

The historical data trend for Titan Invo Technology'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.

Titan Invo Technology Gross Margin % Chart

Titan Invo Technology Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.18 13.29 12.23 15.07 25.22

Titan Invo Technology Semi-Annual Data
Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21
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 7.90 12.45 17.28 19.23 35.51

Competitive Comparison of Titan Invo Technology's Gross Margin %

For the Auto Parts subindustry, Titan Invo Technology'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.


Titan Invo Technology's Gross Margin % Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Titan Invo Technology's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Titan Invo Technology's Gross Margin % falls into.



Titan Invo Technology Gross Margin % Calculation

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

Titan Invo Technology's Gross Margin for the fiscal year that ended in Dec. 2021 is calculated as

Gross Margin % (A: Dec. 2021 )=Gross Profit (A: Dec. 2021 ) / Revenue (A: Dec. 2021 )
=68.9 / 273.111
=(Revenue - Cost of Goods Sold) / Revenue
=(273.111 - 204.239) / 273.111
=25.22 %

Titan Invo Technology's Gross Margin for the quarter that ended in Dec. 2021 is calculated as


Gross Margin % (Q: Dec. 2021 )=Gross Profit (Q: Dec. 2021 ) / Revenue (Q: Dec. 2021 )
=35.7 / 100.456
=(Revenue - Cost of Goods Sold) / Revenue
=(100.456 - 64.788) / 100.456
=35.51 %

* 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.


Titan Invo Technology  (HKSE:00872) 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

Titan Invo Technology had a gross margin of 35.51% for the quarter that ended in Dec. 2021 => 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.


Titan Invo Technology Gross Margin % Related Terms

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Titan Invo Technology (HKSE:00872) Business Description

Traded in Other Exchanges
N/A
Address
1 Zhongguancun East Road, 19th Floor, Block B, Science and Technology Building, Tsinghua Science and Technology Park, Haidian District, Beijing, CHN
Titan Invo Technology Ltd formerly TUS International Ltd is principally engaged in research and development, production and sales of automotive driving assistance system (ADAS) and automotive-grade wireless connectivity modules. Its operating segments are Automotive-grade wireless connectivity business which involves the research and development and sales of automotive-grade wireless connectivity modules in Europe, the United States and the Asia Pacific region, and the ADAS products segment which consists of the research and development, production and sales of ADAS products and software algorithm products in the PRC. The company operates in the PRC, Europe, the United States, and Asia pacific.
Executives
Si Chuan Sheng Neng Yuan Tou Zi Ji Tuan You Xian Ze Ren Gong Si 2201 Interest of corporation controlled by you
Ma Chi Kong Karl 2101 Beneficial owner
Wang Jiwu 2201 Interest of corporation controlled by you
Qing Hua Kong Gu You Xian Gong Si 2201 Interest of corporation controlled by you
Qing Hua Da Xue 2201 Interest of corporation controlled by you
Bei Jing Bai Jun Tou Zi You Xian Gong Si 2201 Interest of corporation controlled by you
Tus-holdings Co., Ltd.
Tuspark Venture Investment Ltd
Wang Jiwu
Shen Xiao
Yi Zhuang Guo Ji Kong Gu Xiang Gang You Xian Gong Si
Bei Jing Yi Zhuang Guo Ji Tou Zi Fa Zhan You Xian Gong Si

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