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Sea & Land Transportation Services (ROCO:5603) Gross Margin % : 12.03% (As of Mar. 2024)


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What is Sea & Land Transportation Services Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Sea & Land Transportation Services's Gross Profit for the three months ended in Mar. 2024 was NT$48 Mil. Sea & Land Transportation Services's Revenue for the three months ended in Mar. 2024 was NT$402 Mil. Therefore, Sea & Land Transportation Services's Gross Margin % for the quarter that ended in Mar. 2024 was 12.03%.


The historical rank and industry rank for Sea & Land Transportation Services's Gross Margin % or its related term are showing as below:

ROCO:5603' s Gross Margin % Range Over the Past 10 Years
Min: 8.53   Med: 14.56   Max: 18.6
Current: 14.94


During the past 13 years, the highest Gross Margin % of Sea & Land Transportation Services was 18.60%. The lowest was 8.53%. And the median was 14.56%.

ROCO:5603's Gross Margin % is ranked worse than
65.16% of 950 companies
in the Transportation industry
Industry Median: 20.1 vs ROCO:5603: 14.94

Sea & Land Transportation Services had a gross margin of 12.03% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Sea & Land Transportation Services was 13.40% per year.


Sea & Land Transportation Services Gross Margin % Historical Data

The historical data trend for Sea & Land Transportation Services'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.

Sea & Land Transportation Services Gross Margin % Chart

Sea & Land Transportation Services 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 8.53 11.75 13.90 16.07 15.18

Sea & Land Transportation Services Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 13.51 18.33 17.41 11.12 12.03

Competitive Comparison of Sea & Land Transportation Services's Gross Margin %

For the Integrated Freight & Logistics subindustry, Sea & Land Transportation Services'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.


Sea & Land Transportation Services's Gross Margin % Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Sea & Land Transportation Services's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Sea & Land Transportation Services's Gross Margin % falls into.



Sea & Land Transportation Services Gross Margin % Calculation

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

Sea & Land Transportation Services'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 )
=273.7 / 1803.062
=(Revenue - Cost of Goods Sold) / Revenue
=(1803.062 - 1529.408) / 1803.062
=15.18 %

Sea & Land Transportation Services's Gross Margin for the quarter that ended in Mar. 2024 is calculated as


Gross Margin % (Q: Mar. 2024 )=Gross Profit (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=48.4 / 402.253
=(Revenue - Cost of Goods Sold) / Revenue
=(402.253 - 353.853) / 402.253
=12.03 %

* 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.


Sea & Land Transportation Services  (ROCO:5603) 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

Sea & Land Transportation Services had a gross margin of 12.03% for the quarter that ended in Mar. 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.


Sea & Land Transportation Services Gross Margin % Related Terms

Thank you for viewing the detailed overview of Sea & Land Transportation Services's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Sea & Land Transportation Services (ROCO:5603) Business Description

Traded in Other Exchanges
N/A
Address
No. 171-1, Section 2, Datong Road, 12th Floor, Yuzhi District, New Taipei City, TWN
Sea & Land Transportation Services Inc is a Taiwan based company primarily engaged in the shipping and transportation industry. It provides in container yard and shipside container haulage services in Taiwan. The entity offers various container transportation services, such as warehousing, heavy machinery haulage, storage, erection and others. The company operates in three segments Transportation , Machinery transportation and hoisting , LPG Station segments. The company derives majority of revenue from Transportation segment.

Sea & Land Transportation Services (ROCO:5603) Headlines

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