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Taiwan Puritic (ROCO:6826) Gross Margin % : 19.11% (As of Jun. 2024)


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What is Taiwan Puritic Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Taiwan Puritic's Gross Profit for the six months ended in Jun. 2024 was NT$1,400 Mil. Taiwan Puritic's Revenue for the six months ended in Jun. 2024 was NT$7,325 Mil. Therefore, Taiwan Puritic's Gross Margin % for the quarter that ended in Jun. 2024 was 19.11%.


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

ROCO:6826' s Gross Margin % Range Over the Past 10 Years
Min: 11.48   Med: 12.03   Max: 17.86
Current: 17.86


During the past 6 years, the highest Gross Margin % of Taiwan Puritic was 17.86%. The lowest was 11.48%. And the median was 12.03%.

ROCO:6826's Gross Margin % is ranked worse than
72.43% of 983 companies
in the Semiconductors industry
Industry Median: 28.33 vs ROCO:6826: 17.86

Taiwan Puritic had a gross margin of 19.11% for the quarter that ended in Jun. 2024 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Taiwan Puritic was 7.40% per year.


Taiwan Puritic Gross Margin % Historical Data

The historical data trend for Taiwan Puritic'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 Puritic Gross Margin % Chart

Taiwan Puritic Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
Get a 7-Day Free Trial 11.48 12.06 12.00 15.32 16.17

Taiwan Puritic Semi-Annual Data
Dec18 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Gross Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 11.48 17.59 15.47 16.80 19.11

Competitive Comparison of Taiwan Puritic's Gross Margin %

For the Semiconductor Equipment & Materials subindustry, Taiwan Puritic'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 Puritic's Gross Margin % Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Taiwan Puritic's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Taiwan Puritic's Gross Margin % falls into.



Taiwan Puritic Gross Margin % Calculation

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

Taiwan Puritic'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 )
=2673.8 / 16539.829
=(Revenue - Cost of Goods Sold) / Revenue
=(16539.829 - 13866.037) / 16539.829
=16.17 %

Taiwan Puritic's Gross Margin for the quarter that ended in Jun. 2024 is calculated as


Gross Margin % (Q: Jun. 2024 )=Gross Profit (Q: Jun. 2024 ) / Revenue (Q: Jun. 2024 )
=1399.7 / 7325.058
=(Revenue - Cost of Goods Sold) / Revenue
=(7325.058 - 5925.352) / 7325.058
=19.11 %

* 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 Puritic  (ROCO:6826) 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 Puritic had a gross margin of 19.11% for the quarter that ended in Jun. 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 Puritic Gross Margin % Related Terms

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Taiwan Puritic Business Description

Traded in Other Exchanges
N/A
Address
No. 33, Guangfu South Road, Hukou Township, Hsinchu County, Hukou, TWN, 30351
Taiwan Puritic Corp is engaged in the the sales and maintenance of integrated circuit semiconductors, electronics, and computer equipment; manufacturing of chemicals, gas filtration purifiers, metal, building structures, and components; import and export trade of various parts, raw materials, and products; and high-tech factory supply System engineering planning and design, construction services, and related monitoring equipment and testing, etc.

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