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Taiwan Thick-Film Ind (ROCO:6246) Gross Margin % : 10.52% (As of Sep. 2024)


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What is Taiwan Thick-Film Ind Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Taiwan Thick-Film Ind's Gross Profit for the three months ended in Sep. 2024 was NT$43 Mil. Taiwan Thick-Film Ind's Revenue for the three months ended in Sep. 2024 was NT$406 Mil. Therefore, Taiwan Thick-Film Ind's Gross Margin % for the quarter that ended in Sep. 2024 was 10.52%.

Warning Sign:

Taiwan Thick-Film Ind Corp gross margin has been in long-term decline. The average rate of decline per year is -11.6%.


The historical rank and industry rank for Taiwan Thick-Film Ind's Gross Margin % or its related term are showing as below:

ROCO:6246' s Gross Margin % Range Over the Past 10 Years
Min: -12.36   Med: 11.88   Max: 20.23
Current: 8.76


During the past 13 years, the highest Gross Margin % of Taiwan Thick-Film Ind was 20.23%. The lowest was -12.36%. And the median was 11.88%.

ROCO:6246's Gross Margin % is ranked worse than
86.46% of 2422 companies
in the Hardware industry
Industry Median: 24.655 vs ROCO:6246: 8.76

Taiwan Thick-Film Ind had a gross margin of 10.52% for the quarter that ended in Sep. 2024 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Taiwan Thick-Film Ind was -11.60% per year.


Taiwan Thick-Film Ind Gross Margin % Historical Data

The historical data trend for Taiwan Thick-Film Ind'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.

Taiwan Thick-Film Ind Gross Margin % Chart

Taiwan Thick-Film Ind 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 10.08 13.44 10.22 10.32 8.90

Taiwan Thick-Film Ind 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 8.41 8.97 6.19 8.51 10.52

Competitive Comparison of Taiwan Thick-Film Ind's Gross Margin %

For the Electronic Components subindustry, Taiwan Thick-Film Ind'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.


Taiwan Thick-Film Ind's Gross Margin % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Taiwan Thick-Film Ind's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Taiwan Thick-Film Ind's Gross Margin % falls into.



Taiwan Thick-Film Ind Gross Margin % Calculation

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

Taiwan Thick-Film Ind'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 )
=145.7 / 1637.43
=(Revenue - Cost of Goods Sold) / Revenue
=(1637.43 - 1491.688) / 1637.43
=8.90 %

Taiwan Thick-Film Ind'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 )
=42.7 / 406.217
=(Revenue - Cost of Goods Sold) / Revenue
=(406.217 - 363.48) / 406.217
=10.52 %

* 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.


Taiwan Thick-Film Ind  (ROCO:6246) 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

Taiwan Thick-Film Ind had a gross margin of 10.52% 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.


Taiwan Thick-Film Ind Gross Margin % Related Terms

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Taiwan Thick-Film Ind Business Description

Traded in Other Exchanges
N/A
Address
Lane 332, Siyuan Road, 3rd Floor, No. 7, Xinzhuang District, Taipei City, TWN
Taiwan Thick-Film Ind Corp is engaged in manufacturing, processing and trading of electronic components such as backlight modules, transformers and light source sets. Its products include LED Backlight Module, Light Guide Plates, Plastic Box, LED Light Bars, Transformers, small Motors, and Cover Lens.

Taiwan Thick-Film Ind Headlines

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