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Tatwah Smartech Co (SZSE:002512) Gross Margin % : 8.37% (As of Sep. 2024)


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What is Tatwah Smartech Co Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Tatwah Smartech Co's Gross Profit for the three months ended in Sep. 2024 was ¥48 Mil. Tatwah Smartech Co's Revenue for the three months ended in Sep. 2024 was ¥568 Mil. Therefore, Tatwah Smartech Co's Gross Margin % for the quarter that ended in Sep. 2024 was 8.37%.


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

SZSE:002512' s Gross Margin % Range Over the Past 10 Years
Min: 8.2   Med: 13.71   Max: 41.12
Current: 11.06


During the past 13 years, the highest Gross Margin % of Tatwah Smartech Co was 41.12%. The lowest was 8.20%. And the median was 13.71%.

SZSE:002512's Gross Margin % is ranked worse than
84.06% of 985 companies
in the Semiconductors industry
Industry Median: 28.33 vs SZSE:002512: 11.06

Tatwah Smartech Co had a gross margin of 8.37% for the quarter that ended in Sep. 2024 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Tatwah Smartech Co was 0.10% per year.


Tatwah Smartech Co Gross Margin % Historical Data

The historical data trend for Tatwah Smartech 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.

Tatwah Smartech Co Gross Margin % Chart

Tatwah Smartech 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 14.20 13.09 8.20 9.62 13.21

Tatwah Smartech Co 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 12.18 12.71 14.19 10.15 8.37

Competitive Comparison of Tatwah Smartech Co's Gross Margin %

For the Semiconductors subindustry, Tatwah Smartech 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.


Tatwah Smartech Co's Gross Margin % Distribution in the Semiconductors Industry

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

* The bar in red indicates where Tatwah Smartech Co's Gross Margin % falls into.



Tatwah Smartech Co Gross Margin % Calculation

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

Tatwah Smartech 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 )
=259.8 / 1966.56
=(Revenue - Cost of Goods Sold) / Revenue
=(1966.56 - 1706.792) / 1966.56
=13.21 %

Tatwah Smartech Co'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 )
=47.6 / 568.16
=(Revenue - Cost of Goods Sold) / Revenue
=(568.16 - 520.601) / 568.16
=8.37 %

* 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.


Tatwah Smartech Co  (SZSE:002512) 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

Tatwah Smartech Co had a gross margin of 8.37% 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.


Tatwah Smartech Co Gross Margin % Related Terms

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


Tatwah Smartech Co Business Description

Traded in Other Exchanges
N/A
Address
No.9, Shuiyi South Road, Taifeng Industrial park, Xiaolan Town, Zhongshan City, Guangdong Province, CHN
Tatwah Smartech Co Ltd operates in the semiconductor industry. The company is mainly engaged in the design, development, production, distribution of radio-frequency identification (RFID) system. Its product portfolio comprises RFID cards, clamshell and combi cards, leather key fobs, phone attachments, RFID wristband, NFC and metal mount tags, public transport products, laundry and waste bin and other tags. Its products are primarily used in transportation, education, home, agricultural tracing, internet finance, manufacturing, asset management, warehouse, and logistics applications.
Executives
Han Yang Secretary, Director
Cai Xiao Ru Director
Chen Rong Sheng Directors, executives
Lou Ya Hua Executives
Wang Ying Zi Executives
He Cai Xia Supervisors
Wang Dan Zhou Independent director
Yuan Pei Chu Independent director
Huang Han Qiang Executives
Li Huan Fen Supervisors

Tatwah Smartech Co Headlines

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