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Mobiletron Electronics Co (TPE:1533) Gross Margin % : 15.82% (As of Mar. 2024)


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What is Mobiletron Electronics Co Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Mobiletron Electronics Co's Gross Profit for the three months ended in Mar. 2024 was NT$116 Mil. Mobiletron Electronics Co's Revenue for the three months ended in Mar. 2024 was NT$731 Mil. Therefore, Mobiletron Electronics Co's Gross Margin % for the quarter that ended in Mar. 2024 was 15.82%.

Warning Sign:

Mobiletron Electronics Co Ltd gross margin has been in long-term decline. The average rate of decline per year is -9.1%.


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

TPE:1533' s Gross Margin % Range Over the Past 10 Years
Min: 18.97   Med: 33.06   Max: 37.84
Current: 18.97


During the past 13 years, the highest Gross Margin % of Mobiletron Electronics Co was 37.84%. The lowest was 18.97%. And the median was 33.06%.

TPE:1533's Gross Margin % is ranked worse than
53.22% of 1272 companies
in the Vehicles & Parts industry
Industry Median: 19.895 vs TPE:1533: 18.97

Mobiletron Electronics Co had a gross margin of 15.82% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Mobiletron Electronics Co was -9.10% per year.


Mobiletron Electronics Co Gross Margin % Historical Data

The historical data trend for Mobiletron Electronics 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.

Mobiletron Electronics Co Gross Margin % Chart

Mobiletron Electronics 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 33.46 28.05 29.91 26.03 19.19

Mobiletron Electronics 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 17.41 16.05 19.69 24.11 15.82

Competitive Comparison of Mobiletron Electronics Co's Gross Margin %

For the Auto Parts subindustry, Mobiletron Electronics 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.


Mobiletron Electronics Co's Gross Margin % Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Mobiletron Electronics Co's Gross Margin % distribution charts can be found below:

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



Mobiletron Electronics Co Gross Margin % Calculation

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

Mobiletron Electronics 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 )
=768.1 / 4003.635
=(Revenue - Cost of Goods Sold) / Revenue
=(4003.635 - 3235.535) / 4003.635
=19.19 %

Mobiletron Electronics 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 )
=115.6 / 730.638
=(Revenue - Cost of Goods Sold) / Revenue
=(730.638 - 615.076) / 730.638
=15.82 %

* 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.


Mobiletron Electronics Co  (TPE:1533) 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

Mobiletron Electronics Co had a gross margin of 15.82% 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.


Mobiletron Electronics Co Gross Margin % Related Terms

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


Mobiletron Electronics Co (TPE:1533) Business Description

Traded in Other Exchanges
N/A
Address
Number 85 , Section 4, Zhongqing Road, Daya District, Taichung Hsien, TWN
Mobiletron Electronics Co Ltd is a Taiwan based company, engages in the manufacturing of power & industrial tools, automotive parts and components such as automotive engine transmission control system (electronic igniter, voltage regulator and rectifier) and vehicle safety system (TPMS, rear view mirror back up camera, night vision system. Its products include electronic control components, automobile security systems and industrial and automobile tools. Its products are mainly used in the manufacturing of automobile engines, automobile and engine igniters, automobile rectifiers and regulators, thick film mixed integrated circuits (ICs), automobile engine sensors and around view monitors (AVMs).

Mobiletron Electronics Co (TPE:1533) Headlines

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