GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Enlight Corp (TPE:2438) » Definitions » Gross Margin %

Enlight (TPE:2438) Gross Margin % : 10.76% (As of Sep. 2024)


View and export this data going back to 2000. Start your Free Trial

What is Enlight Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Enlight's Gross Profit for the three months ended in Sep. 2024 was NT$11.1 Mil. Enlight's Revenue for the three months ended in Sep. 2024 was NT$103.2 Mil. Therefore, Enlight's Gross Margin % for the quarter that ended in Sep. 2024 was 10.76%.


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

TPE:2438' s Gross Margin % Range Over the Past 10 Years
Min: -12.97   Med: 27.56   Max: 41
Current: 1.66


During the past 13 years, the highest Gross Margin % of Enlight was 41.00%. The lowest was -12.97%. And the median was 27.56%.

TPE:2438's Gross Margin % is ranked worse than
96.08% of 2935 companies
in the Industrial Products industry
Industry Median: 26.72 vs TPE:2438: 1.66

Enlight had a gross margin of 10.76% for the quarter that ended in Sep. 2024 => No sustainable competitive advantage

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


Enlight Gross Margin % Historical Data

The historical data trend for Enlight'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.

Enlight Gross Margin % Chart

Enlight 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 25.04 19.83 25.20 10.52 -12.97

Enlight 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 -18.64 -51.65 -7.13 9.26 10.76

Competitive Comparison of Enlight's Gross Margin %

For the Electrical Equipment & Parts subindustry, Enlight'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.


Enlight's Gross Margin % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Enlight's Gross Margin % distribution charts can be found below:

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



Enlight Gross Margin % Calculation

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

Enlight'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 )
=-15.3 / 117.867
=(Revenue - Cost of Goods Sold) / Revenue
=(117.867 - 133.159) / 117.867
=-12.97 %

Enlight'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 )
=11.1 / 103.151
=(Revenue - Cost of Goods Sold) / Revenue
=(103.151 - 92.056) / 103.151
=10.76 %

* 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.


Enlight  (TPE:2438) 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

Enlight had a gross margin of 10.76% 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.


Enlight Gross Margin % Related Terms

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


Enlight Business Description

Traded in Other Exchanges
N/A
Address
12th Floor, No. 438, Guangfu S. Road, Daan District, Taoyuan, TWN, 333
Enlight Corp is engaged in the development, production, and distribution of surface treatments, lighting equipment, electronic components, computers and peripherals thereof, home appliances, molds, electromechanical equipment, and hardware products. Its products include LED panel lights, downlights, lamps, tubes, ceiling lights, table lamps, dimmers, street lights, spotlights and high bay lights.

Enlight Headlines

No Headlines