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Integrated Micro-Electronics (PHS:IMI) Gross Margin % : 7.63% (As of Sep. 2024)


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What is Integrated Micro-Electronics Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Integrated Micro-Electronics's Gross Profit for the three months ended in Sep. 2024 was ₱1,198 Mil. Integrated Micro-Electronics's Revenue for the three months ended in Sep. 2024 was ₱15,709 Mil. Therefore, Integrated Micro-Electronics's Gross Margin % for the quarter that ended in Sep. 2024 was 7.63%.

Warning Sign:

Integrated Micro-Electronics Inc gross margin has been in long-term decline. The average rate of decline per year is -2.2%.


The historical rank and industry rank for Integrated Micro-Electronics's Gross Margin % or its related term are showing as below:

PHS:IMI' s Gross Margin % Range Over the Past 10 Years
Min: 6.98   Med: 9.53   Max: 12.02
Current: 8.67


During the past 13 years, the highest Gross Margin % of Integrated Micro-Electronics was 12.02%. The lowest was 6.98%. And the median was 9.53%.

PHS:IMI's Gross Margin % is ranked worse than
86.77% of 2412 companies
in the Hardware industry
Industry Median: 24.64 vs PHS:IMI: 8.67

Integrated Micro-Electronics had a gross margin of 7.63% for the quarter that ended in Sep. 2024 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Integrated Micro-Electronics was -2.20% per year.


Integrated Micro-Electronics Gross Margin % Historical Data

The historical data trend for Integrated Micro-Electronics'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.

Integrated Micro-Electronics Gross Margin % Chart

Integrated Micro-Electronics Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.18 8.48 6.98 7.84 9.09

Integrated Micro-Electronics Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 8.45 10.00 7.96 9.03 7.63

Competitive Comparison of Integrated Micro-Electronics's Gross Margin %

For the Electronic Components subindustry, Integrated Micro-Electronics'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.


Integrated Micro-Electronics's Gross Margin % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Integrated Micro-Electronics's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Integrated Micro-Electronics's Gross Margin % falls into.


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Integrated Micro-Electronics Gross Margin % Calculation

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

Integrated Micro-Electronics's Gross Margin for the fiscal year that ended in Dec. 2023 is calculated as

Gross Margin % (A: Dec. 2023 )=Gross Profit (A: Dec. 2023 ) / Revenue (A: Dec. 2023 )
=6878.5 / 75668.776
=(Revenue - Cost of Goods Sold) / Revenue
=(75668.776 - 68790.227) / 75668.776
=9.09 %

Integrated Micro-Electronics's Gross Margin for the quarter that ended in Sep. 2024 is calculated as


Gross Margin % (Q: Sep. 2024 )=Gross Profit (Q: Sep. 2024 ) / Revenue (Q: Sep. 2024 )
=1197.9 / 15709.122
=(Revenue - Cost of Goods Sold) / Revenue
=(15709.122 - 14511.239) / 15709.122
=7.63 %

* 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.


Integrated Micro-Electronics  (PHS:IMI) 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

Integrated Micro-Electronics had a gross margin of 7.63% for the quarter that ended in Sep. 2024 => 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.


Integrated Micro-Electronics Gross Margin % Related Terms

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


Integrated Micro-Electronics Business Description

Traded in Other Exchanges
N/A
Address
North Science Avenue, Special Export Processing Zone, Laguna Technopark, Binan, LAG, PHL, 4024
Integrated Micro-Electronics Inc develops and manufactures electronic devices. The company is engaged in the business of providing electronics manufacturing services (EMS) and power semiconductor assembly and test services (SATS) in the international markets. The company operates through various segments which include; Automotive, Industrial, Telecommunications, Medical, Consumer, Aerospace/defense, and Multiple markets/Other with Automotive being the highest revenue generator. Its business operations are spread across the Philippines, China, Mexico, Europe, Germany/UK, and USA/Japan/Singapore/IMI UK, out of which the majority is from Europe.

Integrated Micro-Electronics Headlines

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