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Coxon Precise Industrial Co (TPE:3607) Gross Margin % : 0.68% (As of Mar. 2024)


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What is Coxon Precise Industrial Co Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Coxon Precise Industrial Co's Gross Profit for the three months ended in Mar. 2024 was NT$4 Mil. Coxon Precise Industrial Co's Revenue for the three months ended in Mar. 2024 was NT$587 Mil. Therefore, Coxon Precise Industrial Co's Gross Margin % for the quarter that ended in Mar. 2024 was 0.68%.


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

TPE:3607' s Gross Margin % Range Over the Past 10 Years
Min: -1.25   Med: 3.07   Max: 18.58
Current: 6.29


During the past 13 years, the highest Gross Margin % of Coxon Precise Industrial Co was 18.58%. The lowest was -1.25%. And the median was 3.07%.

TPE:3607's Gross Margin % is ranked worse than
93.73% of 367 companies
in the Packaging & Containers industry
Industry Median: 21.74 vs TPE:3607: 6.29

Coxon Precise Industrial Co had a gross margin of 0.68% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Coxon Precise Industrial Co was 0.00% per year.


Coxon Precise Industrial Co Gross Margin % Historical Data

The historical data trend for Coxon Precise Industrial 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.

Coxon Precise Industrial Co Gross Margin % Chart

Coxon Precise Industrial Co Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.29 -1.25 0.33 0.23 -0.16

Coxon Precise Industrial Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 2.05 6.73 2.40 14.65 0.68

Competitive Comparison of Coxon Precise Industrial Co's Gross Margin %

For the Packaging & Containers subindustry, Coxon Precise Industrial 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.


Coxon Precise Industrial Co's Gross Margin % Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Coxon Precise Industrial Co's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Coxon Precise Industrial Co's Gross Margin % falls into.



Coxon Precise Industrial Co Gross Margin % Calculation

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

Coxon Precise Industrial Co's Gross Margin for the fiscal year that ended in Dec. 2022 is calculated as

Gross Margin % (A: Dec. 2022 )=Gross Profit (A: Dec. 2022 ) / Revenue (A: Dec. 2022 )
=-4.6 / 2857.787
=(Revenue - Cost of Goods Sold) / Revenue
=(2857.787 - 2862.422) / 2857.787
=-0.16 %

Coxon Precise Industrial 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 )
=4 / 587.358
=(Revenue - Cost of Goods Sold) / Revenue
=(587.358 - 583.393) / 587.358
=0.68 %

* 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.


Coxon Precise Industrial Co  (TPE:3607) 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

Coxon Precise Industrial Co had a gross margin of 0.68% 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.


Coxon Precise Industrial Co Gross Margin % Related Terms

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


Coxon Precise Industrial Co (TPE:3607) Business Description

Traded in Other Exchanges
N/A
Address
No. 48, Lane 1274, Zhongzheng Road, Zhongli District, Taoyuan City, TWN, 320
Coxon Precise Industrial Co Ltd is engaged in the plastic molding and electronic industry. Its business scope includes manufacturing industrial plastic products, mold, cable and wireless communications equipment and apparatus, electronic components, optical instruments, electrical and electronic appliances, as well as motor vehicles and parts. The other activities are retail of electronic, automobile, and motorcycles parts; and international trade. The business is carried out in Asia, Europe, and America. Its plastic components are applied in the manufacture of mobile phone cases, notebook (NB) computers, digital cameras, game consoles, and headset shells. Its geographical segment comprises Taiwan and South China, South China, Shanghai, Changshu, and others.

Coxon Precise Industrial Co (TPE:3607) Headlines

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