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CSBC Taiwan (TPE:2208) Gross Margin % : -11.05% (As of Dec. 2023)


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What is CSBC Taiwan Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. CSBC Taiwan's Gross Profit for the three months ended in Dec. 2023 was NT$-511 Mil. CSBC Taiwan's Revenue for the three months ended in Dec. 2023 was NT$4,628 Mil. Therefore, CSBC Taiwan's Gross Margin % for the quarter that ended in Dec. 2023 was -11.05%.


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

TPE:2208' s Gross Margin % Range Over the Past 10 Years
Min: -34.88   Med: -6.97   Max: 4.63
Current: -11.23


During the past 13 years, the highest Gross Margin % of CSBC Taiwan was 4.63%. The lowest was -34.88%. And the median was -6.97%.

TPE:2208's Gross Margin % is ranked worse than
96.96% of 296 companies
in the Aerospace & Defense industry
Industry Median: 26.025 vs TPE:2208: -11.23

CSBC Taiwan had a gross margin of -11.05% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for CSBC Taiwan was 0.00% per year.


CSBC Taiwan Gross Margin % Historical Data

The historical data trend for CSBC Taiwan'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.

CSBC Taiwan Gross Margin % Chart

CSBC Taiwan 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 -7.20 -5.57 2.90 -14.08 -11.23

CSBC Taiwan Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 -10.46 -25.29 -6.30 -1.90 -11.05

Competitive Comparison of CSBC Taiwan's Gross Margin %

For the Aerospace & Defense subindustry, CSBC Taiwan'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.


CSBC Taiwan's Gross Margin % Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, CSBC Taiwan's Gross Margin % distribution charts can be found below:

* The bar in red indicates where CSBC Taiwan's Gross Margin % falls into.



CSBC Taiwan Gross Margin % Calculation

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

CSBC Taiwan'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 )
=-2411.3 / 21476.365
=(Revenue - Cost of Goods Sold) / Revenue
=(21476.365 - 23887.681) / 21476.365
=-11.23 %

CSBC Taiwan's Gross Margin for the quarter that ended in Dec. 2023 is calculated as


Gross Margin % (Q: Dec. 2023 )=Gross Profit (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=-511.3 / 4627.934
=(Revenue - Cost of Goods Sold) / Revenue
=(4627.934 - 5139.266) / 4627.934
=-11.05 %

* 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.


CSBC Taiwan  (TPE:2208) 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

CSBC Taiwan had a gross margin of -11.05% for the quarter that ended in Dec. 2023 => 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.


CSBC Taiwan Gross Margin % Related Terms

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


CSBC Taiwan (TPE:2208) Business Description

Traded in Other Exchanges
N/A
Address
No. 3, Jhonggang Road, Hsiao Kang District, Kaohsiung, TWN, 81234
CSBC Corp Taiwan is a shipbuilding company. The company organizes itself into two segments: construction of ships and vessels, and all other segments. Construction of ships and vessels, which contributes to the vast majority of revenue, manufactures and repairs marine vessels, oil drilling rigs, and onshore equipment. All other segments principally include engineering machinery. The company is headquartered in Taiwan, but generates the portion of revenue in Taiwan, followed by domestic operations.

CSBC Taiwan (TPE:2208) Headlines

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