GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Nam Liong International Co Ltd (ROCO:5450) » Definitions » Gross Margin %

Nam Liong International Co (ROCO:5450) Gross Margin % : 24.65% (As of Dec. 2023)


View and export this data going back to 2000. Start your Free Trial

What is Nam Liong International Co Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Nam Liong International Co's Gross Profit for the three months ended in Dec. 2023 was NT$150 Mil. Nam Liong International Co's Revenue for the three months ended in Dec. 2023 was NT$609 Mil. Therefore, Nam Liong International Co's Gross Margin % for the quarter that ended in Dec. 2023 was 24.65%.


The historical rank and industry rank for Nam Liong International Co's Gross Margin % or its related term are showing as below:

ROCO:5450' s Gross Margin % Range Over the Past 10 Years
Min: 20.53   Med: 25.5   Max: 30.71
Current: 25.09


During the past 13 years, the highest Gross Margin % of Nam Liong International Co was 30.71%. The lowest was 20.53%. And the median was 25.50%.

ROCO:5450's Gross Margin % is ranked worse than
50.63% of 1031 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 25.33 vs ROCO:5450: 25.09

Nam Liong International Co had a gross margin of 24.65% for the quarter that ended in Dec. 2023 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Nam Liong International Co was 1.40% per year.


Nam Liong International Co Gross Margin % Historical Data

The historical data trend for Nam Liong International 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.

Nam Liong International Co Gross Margin % Chart

Nam Liong International Co 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 25.71 25.28 25.97 26.61 25.09

Nam Liong International Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 24.05 26.75 25.34 23.57 24.65

Competitive Comparison of Nam Liong International Co's Gross Margin %

For the Textile Manufacturing subindustry, Nam Liong International 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.


Nam Liong International Co's Gross Margin % Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Nam Liong International Co's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Nam Liong International Co's Gross Margin % falls into.



Nam Liong International Co Gross Margin % Calculation

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

Nam Liong International Co'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 )
=605.1 / 2411.798
=(Revenue - Cost of Goods Sold) / Revenue
=(2411.798 - 1806.711) / 2411.798
=25.09 %

Nam Liong International 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 )
=150.1 / 608.82
=(Revenue - Cost of Goods Sold) / Revenue
=(608.82 - 458.733) / 608.82
=24.65 %

* 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.


Nam Liong International Co  (ROCO:5450) 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

Nam Liong International Co had a gross margin of 24.65% for the quarter that ended in Dec. 2023 => 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.


Nam Liong International Co Gross Margin % Related Terms

Thank you for viewing the detailed overview of Nam Liong International Co's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Nam Liong International Co (ROCO:5450) Business Description

Traded in Other Exchanges
N/A
Address
4th Floor No. 267, Chongyang Road, Nangang District, Taipei City, TWN, 115
Nam Liong International Co Ltd is engaged in the manufacturing and sales of rubber sponges, sponge lamination, hook and loop, flame retardant fabric, abrasion-resistant fabric, TPU film, etc. The company earns revenue from its products which include textile products, sponge lamination products, special textile products, special material products, and others, and the majority of the company's revenue is earned from textile products.

Nam Liong International Co (ROCO:5450) Headlines

No Headlines