GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Dawushan Farm Technology Co Ltd (ROCO:6952) » Definitions » Gross Margin %

Dawushan Farm Technology Co (ROCO:6952) Gross Margin % : 20.86% (As of Mar. 2024)


View and export this data going back to 2023. Start your Free Trial

What is Dawushan Farm Technology Co Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Dawushan Farm Technology Co's Gross Profit for the three months ended in Mar. 2024 was NT$71 Mil. Dawushan Farm Technology Co's Revenue for the three months ended in Mar. 2024 was NT$338 Mil. Therefore, Dawushan Farm Technology Co's Gross Margin % for the quarter that ended in Mar. 2024 was 20.86%.


The historical rank and industry rank for Dawushan Farm Technology Co's Gross Margin % or its related term are showing as below:

ROCO:6952' s Gross Margin % Range Over the Past 10 Years
Min: 17.08   Med: 19.72   Max: 24.26
Current: 18.51


During the past 4 years, the highest Gross Margin % of Dawushan Farm Technology Co was 24.26%. The lowest was 17.08%. And the median was 19.72%.

ROCO:6952's Gross Margin % is ranked worse than
64.75% of 1807 companies
in the Consumer Packaged Goods industry
Industry Median: 25.08 vs ROCO:6952: 18.51

Dawushan Farm Technology Co had a gross margin of 20.86% for the quarter that ended in Mar. 2024 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Dawushan Farm Technology Co was 0.00% per year.


Dawushan Farm Technology Co Gross Margin % Historical Data

The historical data trend for Dawushan Farm Technology 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.

Dawushan Farm Technology Co Gross Margin % Chart

Dawushan Farm Technology Co Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Gross Margin %
24.26 22.07 17.37 17.08

Dawushan Farm Technology Co Quarterly Data
Dec20 Dec21 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Gross Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.26 16.57 17.96 18.99 20.86

Competitive Comparison of Dawushan Farm Technology Co's Gross Margin %

For the Farm Products subindustry, Dawushan Farm Technology 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.


Dawushan Farm Technology Co's Gross Margin % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Dawushan Farm Technology Co's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Dawushan Farm Technology Co's Gross Margin % falls into.



Dawushan Farm Technology Co Gross Margin % Calculation

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

Dawushan Farm Technology 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 )
=196.2 / 1148.829
=(Revenue - Cost of Goods Sold) / Revenue
=(1148.829 - 952.657) / 1148.829
=17.08 %

Dawushan Farm Technology Co'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 )
=70.6 / 338.336
=(Revenue - Cost of Goods Sold) / Revenue
=(338.336 - 267.775) / 338.336
=20.86 %

* 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.


Dawushan Farm Technology Co  (ROCO:6952) 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

Dawushan Farm Technology Co had a gross margin of 20.86% for the quarter that ended in Mar. 2024 => 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.


Dawushan Farm Technology Co Gross Margin % Related Terms

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


Dawushan Farm Technology Co (ROCO:6952) Business Description

Traded in Other Exchanges
N/A
Address
No. 68-30, Pingshan Road, Wanlong Village, Xinpi Township, Pingtung, TWN
Dawushan Farm Technology Co Ltd is engaged in the production of eggs. The company offers fresh eggs, liquid eggs, soft-boiled eggs, egg rolls, and other products.

Dawushan Farm Technology Co (ROCO:6952) Headlines

No Headlines