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President Securities (TPE:2855) Gross Margin % : 90.09% (As of Dec. 2024)


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What is President Securities Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. President Securities's Gross Profit for the three months ended in Dec. 2024 was NT$2,158 Mil. President Securities's Revenue for the three months ended in Dec. 2024 was NT$2,396 Mil. Therefore, President Securities's Gross Margin % for the quarter that ended in Dec. 2024 was 90.09%.


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

TPE:2855' s Gross Margin % Range Over the Past 10 Years
Min: 67.27   Med: 90.06   Max: 93.72
Current: 93.72


During the past 13 years, the highest Gross Margin % of President Securities was 93.72%. The lowest was 67.27%. And the median was 90.06%.

TPE:2855's Gross Margin % is ranked better than
89.83% of 600 companies
in the Capital Markets industry
Industry Median: 50.805 vs TPE:2855: 93.72

President Securities had a gross margin of 90.09% for the quarter that ended in Dec. 2024 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for President Securities was -0.10% per year.


President Securities Gross Margin % Historical Data

The historical data trend for President Securities'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.

President Securities Gross Margin % Chart

President Securities Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 90.70 93.65 67.27 92.89 93.72

President Securities Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 92.37 94.74 95.04 92.97 90.09

Competitive Comparison of President Securities's Gross Margin %

For the Capital Markets subindustry, President Securities'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.


President Securities's Gross Margin % Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, President Securities's Gross Margin % distribution charts can be found below:

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


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President Securities Gross Margin % Calculation

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

President Securities's Gross Margin for the fiscal year that ended in Dec. 2024 is calculated as

Gross Margin % (A: Dec. 2024 )=Gross Profit (A: Dec. 2024 ) / Revenue (A: Dec. 2024 )
=14939.2 / 15939.844
=(Revenue - Cost of Goods Sold) / Revenue
=(15939.844 - 1000.67) / 15939.844
=93.72 %

President Securities's Gross Margin for the quarter that ended in Dec. 2024 is calculated as


Gross Margin % (Q: Dec. 2024 )=Gross Profit (Q: Dec. 2024 ) / Revenue (Q: Dec. 2024 )
=2158.2 / 2395.629
=(Revenue - Cost of Goods Sold) / Revenue
=(2395.629 - 237.384) / 2395.629
=90.09 %

* 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.


President Securities  (TPE:2855) 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

President Securities had a gross margin of 90.09% for the quarter that ended in Dec. 2024 => Durable 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.


President Securities Gross Margin % Related Terms

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


President Securities Business Description

Traded in Other Exchanges
N/A
Address
1st Floor., No.8, Dongxing Road, Sungshan District, Taipei, TWN, 105
President Securities Corp is a Taiwan-based securities company with several segments. The brokerage segment is engaged in the trading of listed securities and other instruments as approved by the regulations, along with margin trading, short sale, and assistance in futures trading. The proprietary trading segment is involved in using self-owned equity to execute securities trading and conduct futures and options hedging. The reinvestment segment is involved in companies reinvested by the consolidated entities. The other operating segment consists of a capital market business, a derivatives proprietary business, a financial product business, and others. It also has a Quantitative Trading segment and a Financial product segment.

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