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Fulltech Fiber Glass (ROCO:1815) Gross Margin % : 23.37% (As of Dec. 2024)


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What is Fulltech Fiber Glass Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Fulltech Fiber Glass's Gross Profit for the three months ended in Dec. 2024 was NT$301 Mil. Fulltech Fiber Glass's Revenue for the three months ended in Dec. 2024 was NT$1,287 Mil. Therefore, Fulltech Fiber Glass's Gross Margin % for the quarter that ended in Dec. 2024 was 23.37%.


The historical rank and industry rank for Fulltech Fiber Glass's Gross Margin % or its related term are showing as below:

ROCO:1815' s Gross Margin % Range Over the Past 10 Years
Min: -2.85   Med: 21.06   Max: 27.24
Current: 14.45


During the past 13 years, the highest Gross Margin % of Fulltech Fiber Glass was 27.24%. The lowest was -2.85%. And the median was 21.06%.

ROCO:1815's Gross Margin % is ranked worse than
74.94% of 2414 companies
in the Hardware industry
Industry Median: 24.67 vs ROCO:1815: 14.45

Fulltech Fiber Glass had a gross margin of 23.37% for the quarter that ended in Dec. 2024 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Fulltech Fiber Glass was 0.00% per year.


Fulltech Fiber Glass Gross Margin % Historical Data

The historical data trend for Fulltech Fiber Glass'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.

Fulltech Fiber Glass Gross Margin % Chart

Fulltech Fiber Glass Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2.85 26.90 17.99 -0.38 14.45

Fulltech Fiber Glass Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 -8.11 -0.22 10.86 17.68 23.37

Competitive Comparison of Fulltech Fiber Glass's Gross Margin %

For the Electronic Components subindustry, Fulltech Fiber Glass'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.


Fulltech Fiber Glass's Gross Margin % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Fulltech Fiber Glass's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Fulltech Fiber Glass's Gross Margin % falls into.


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Fulltech Fiber Glass Gross Margin % Calculation

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

Fulltech Fiber Glass's Gross Margin for the fiscal year that ended in Dec. 2024 is calculated as

Gross Margin % (A: Dec. 2024 )=Gross Profit (A: Dec. 2024 ) / Revenue (A: Dec. 2024 )
=613.8 / 4246.703
=(Revenue - Cost of Goods Sold) / Revenue
=(4246.703 - 3632.903) / 4246.703
=14.45 %

Fulltech Fiber Glass's Gross Margin for the quarter that ended in Dec. 2024 is calculated as


Gross Margin % (Q: Dec. 2024 )=Gross Profit (Q: Dec. 2024 ) / Revenue (Q: Dec. 2024 )
=300.7 / 1286.885
=(Revenue - Cost of Goods Sold) / Revenue
=(1286.885 - 986.165) / 1286.885
=23.37 %

* 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.


Fulltech Fiber Glass  (ROCO:1815) 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

Fulltech Fiber Glass had a gross margin of 23.37% for the quarter that ended in Dec. 2024 => 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.


Fulltech Fiber Glass Gross Margin % Related Terms

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Fulltech Fiber Glass Business Description

Traded in Other Exchanges
N/A
Address
Dougong 16th Road, No. 8, Yunlin County, Douliu, TWN
Fulltech Fiber Glass Corp is engaged in producing and selling fiberglass yarn and fiberglass fabric, which are the main upstream materials for Printed Circuit Boards. The reportable segments of the company are the Fiberglass Yarn and the Fiberglass Fabric segment. Geographically, the company generates a majority of its revenue from Taiwan and the rest from China.

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