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A Plus Biotechnology Co (ROCO:6918) Gross Margin % : 69.63% (As of Dec. 2024)


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What is A Plus Biotechnology Co Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. A Plus Biotechnology Co's Gross Profit for the three months ended in Dec. 2024 was NT$142.4 Mil. A Plus Biotechnology Co's Revenue for the three months ended in Dec. 2024 was NT$204.5 Mil. Therefore, A Plus Biotechnology Co's Gross Margin % for the quarter that ended in Dec. 2024 was 69.63%.


The historical rank and industry rank for A Plus Biotechnology Co's Gross Margin % or its related term are showing as below:

ROCO:6918' s Gross Margin % Range Over the Past 10 Years
Min: 60.37   Med: 66.09   Max: 72.27
Current: 68.29


During the past 6 years, the highest Gross Margin % of A Plus Biotechnology Co was 72.27%. The lowest was 60.37%. And the median was 66.09%.

ROCO:6918's Gross Margin % is ranked better than
74.75% of 804 companies
in the Medical Devices & Instruments industry
Industry Median: 52.705 vs ROCO:6918: 68.29

A Plus Biotechnology Co had a gross margin of 69.63% for the quarter that ended in Dec. 2024 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for A Plus Biotechnology Co was -0.10% per year.


A Plus Biotechnology Co Gross Margin % Historical Data

The historical data trend for A Plus Biotechnology 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.

A Plus Biotechnology Co Gross Margin % Chart

A Plus Biotechnology Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Gross Margin %
Get a 7-Day Free Trial 63.17 63.93 60.37 68.24 69.49

A Plus Biotechnology Co Quarterly Data
Dec19 Dec20 Dec21 Jun22 Dec22 Jun23 Sep23 Dec23 Jun24 Sep24 Dec24
Gross Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 69.65 68.54 - 66.92 69.63

Competitive Comparison of A Plus Biotechnology Co's Gross Margin %

For the Medical Devices subindustry, A Plus Biotechnology 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.


A Plus Biotechnology Co's Gross Margin % Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, A Plus Biotechnology Co's Gross Margin % distribution charts can be found below:

* The bar in red indicates where A Plus Biotechnology Co's Gross Margin % falls into.


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A Plus Biotechnology Co Gross Margin % Calculation

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

A Plus Biotechnology Co'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 )
=534.8 / 769.591
=(Revenue - Cost of Goods Sold) / Revenue
=(769.591 - 234.813) / 769.591
=69.49 %

A Plus Biotechnology Co'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 )
=142.4 / 204.541
=(Revenue - Cost of Goods Sold) / Revenue
=(204.541 - 62.118) / 204.541
=69.63 %

* 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.


A Plus Biotechnology Co  (ROCO:6918) 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

A Plus Biotechnology Co had a gross margin of 69.63% for the quarter that ended in Dec. 2024 => Durable 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.


A Plus Biotechnology Co Gross Margin % Related Terms

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A Plus Biotechnology Co Business Description

Traded in Other Exchanges
N/A
Address
No. 21, Qiaohe Road, 3rd Floor, Zhonghe District, New Taipei City, TWN
A Plus Biotechnology Co Ltd provides orthopedic implants. It engages in the research and development of orthopedic medical products. Aplus locking plate systems feature superior anatomical bone curves and 5-axis CNC manufacturing technology.

A Plus Biotechnology Co Headlines

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