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Ostin Technology Group Co (Ostin Technology Group Co) Gross Margin % : 5.86% (As of Sep. 2023)


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What is Ostin Technology Group Co Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Ostin Technology Group Co's Gross Profit for the six months ended in Sep. 2023 was $1.36 Mil. Ostin Technology Group Co's Revenue for the six months ended in Sep. 2023 was $23.23 Mil. Therefore, Ostin Technology Group Co's Gross Margin % for the quarter that ended in Sep. 2023 was 5.86%.


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

OST' s Gross Margin % Range Over the Past 10 Years
Min: 3.57   Med: 8.53   Max: 11.96
Current: 3.57


During the past 5 years, the highest Gross Margin % of Ostin Technology Group Co was 11.96%. The lowest was 3.57%. And the median was 8.53%.

OST's Gross Margin % is ranked worse than
94.05% of 2439 companies
in the Hardware industry
Industry Median: 24.38 vs OST: 3.57

Ostin Technology Group Co had a gross margin of 5.86% for the quarter that ended in Sep. 2023 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Ostin Technology Group Co was 0.00% per year.


Ostin Technology Group Co Gross Margin % Historical Data

The historical data trend for Ostin Technology Group 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.

Ostin Technology Group Co Gross Margin % Chart

Ostin Technology Group Co Annual Data
Trend Sep19 Sep20 Sep21 Sep22 Sep23
Gross Margin %
8.53 8.27 10.35 11.96 3.57

Ostin Technology Group Co Semi-Annual Data
Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
Gross Margin % Get a 7-Day Free Trial Premium Member Only 8.99 14.37 8.78 2.02 5.86

Competitive Comparison of Ostin Technology Group Co's Gross Margin %

For the Electronic Components subindustry, Ostin Technology Group 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.


Ostin Technology Group Co's Gross Margin % Distribution in the Hardware Industry

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

* The bar in red indicates where Ostin Technology Group Co's Gross Margin % falls into.



Ostin Technology Group Co Gross Margin % Calculation

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

Ostin Technology Group Co's Gross Margin for the fiscal year that ended in Sep. 2023 is calculated as

Gross Margin % (A: Sep. 2023 )=Gross Profit (A: Sep. 2023 ) / Revenue (A: Sep. 2023 )
=2.1 / 57.526
=(Revenue - Cost of Goods Sold) / Revenue
=(57.526 - 55.472) / 57.526
=3.57 %

Ostin Technology Group Co's Gross Margin for the quarter that ended in Sep. 2023 is calculated as


Gross Margin % (Q: Sep. 2023 )=Gross Profit (Q: Sep. 2023 ) / Revenue (Q: Sep. 2023 )
=1.4 / 23.231
=(Revenue - Cost of Goods Sold) / Revenue
=(23.231 - 21.869) / 23.231
=5.86 %

* 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.


Ostin Technology Group Co  (NAS:OST) 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

Ostin Technology Group Co had a gross margin of 5.86% for the quarter that ended in Sep. 2023 => No sustainable competitive advantage


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.


Ostin Technology Group Co Gross Margin % Related Terms

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Ostin Technology Group Co (Ostin Technology Group Co) Business Description

Traded in Other Exchanges
N/A
Address
1 Kechuang Road, Building 2, 101/201, Qixia District, Nanjing, CHN, 210046
Ostin Technology Group Co Ltd is a supplier of display modules and polarizers in China. It designs, develops, and manufactures TFT-LCD modules in a wide range of sizes and customized sizes according to the specifications of its customers. Its display modules are mainly used in consumer electronics, commercial LCD displays, and automotive displays. The company also manufactures polarizers used in the TFT-LCD display modules and is in the process of developing polarizers for the OLED display panel.

Ostin Technology Group Co (Ostin Technology Group Co) Headlines

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