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Triumph Science & Technology Co (SHSE:600552) Gross Margin % : 14.33% (As of Mar. 2024)


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What is Triumph Science & Technology Co Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Triumph Science & Technology Co's Gross Profit for the three months ended in Mar. 2024 was ¥181 Mil. Triumph Science & Technology Co's Revenue for the three months ended in Mar. 2024 was ¥1,263 Mil. Therefore, Triumph Science & Technology Co's Gross Margin % for the quarter that ended in Mar. 2024 was 14.33%.


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

SHSE:600552' s Gross Margin % Range Over the Past 10 Years
Min: 13.25   Med: 15.52   Max: 24.65
Current: 13.61


During the past 13 years, the highest Gross Margin % of Triumph Science & Technology Co was 24.65%. The lowest was 13.25%. And the median was 15.52%.

SHSE:600552's Gross Margin % is ranked worse than
64.99% of 1614 companies
in the Construction industry
Industry Median: 19.445 vs SHSE:600552: 13.61

Triumph Science & Technology Co had a gross margin of 14.33% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Triumph Science & Technology Co was 0.10% per year.


Triumph Science & Technology Co Gross Margin % Historical Data

The historical data trend for Triumph Science & 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.

Triumph Science & Technology Co Gross Margin % Chart

Triumph Science & Technology Co 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 14.53 15.04 17.58 17.08 13.25

Triumph Science & Technology Co 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 12.92 13.77 11.67 16.71 14.33

Competitive Comparison of Triumph Science & Technology Co's Gross Margin %

For the Building Products & Equipment subindustry, Triumph Science & 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.


Triumph Science & Technology Co's Gross Margin % Distribution in the Construction Industry

For the Construction industry and Industrials sector, Triumph Science & Technology Co's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Triumph Science & Technology Co's Gross Margin % falls into.



Triumph Science & Technology Co Gross Margin % Calculation

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

Triumph Science & 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 )
=664 / 5010.03
=(Revenue - Cost of Goods Sold) / Revenue
=(5010.03 - 4346.015) / 5010.03
=13.25 %

Triumph Science & 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 )
=181.1 / 1263.19
=(Revenue - Cost of Goods Sold) / Revenue
=(1263.19 - 1082.129) / 1263.19
=14.33 %

* 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.


Triumph Science & Technology Co  (SHSE:600552) 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

Triumph Science & Technology Co had a gross margin of 14.33% 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.


Triumph Science & Technology Co Gross Margin % Related Terms

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Triumph Science & Technology Co (SHSE:600552) Business Description

Traded in Other Exchanges
N/A
Address
8009 Huangshan Road, Gaoxin District, Anhui Province, Handan City, CHN, 233010
Triumph Science & Technology Co Ltd manufactures and sells glass & new materials. Its products include ITO conductive film glass, composite coated glass, float glass & glass deep-processing products.
Executives
Huang Xiao Ting Director
Ou Mu Lan senior management
Shu An Jun Director
Wang Yong He senior management
Zhang Shao Bo senior management
Ni Zhi Sen Director
Xia Ning Director
Sun Lei senior management
Li Jie Song Supervisors
Mao Ling Wen Director
Zhou Ming Supervisors
Lin Shan Supervisors
Yin Chuan Wei Director
Jie Zhang Qing Director
Chen Yong Supervisors

Triumph Science & Technology Co (SHSE:600552) Headlines

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