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Capital Futures (TPE:6024) Gross Margin % : 49.84% (As of Dec. 2024)


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What is Capital Futures Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Capital Futures's Gross Profit for the three months ended in Dec. 2024 was NT$286 Mil. Capital Futures's Revenue for the three months ended in Dec. 2024 was NT$574 Mil. Therefore, Capital Futures's Gross Margin % for the quarter that ended in Dec. 2024 was 49.84%.


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

TPE:6024' s Gross Margin % Range Over the Past 10 Years
Min: 46.21   Med: 52.73   Max: 54.3
Current: 52.98


During the past 13 years, the highest Gross Margin % of Capital Futures was 54.30%. The lowest was 46.21%. And the median was 52.73%.

TPE:6024's Gross Margin % is ranked better than
52% of 600 companies
in the Capital Markets industry
Industry Median: 50.805 vs TPE:6024: 52.98

Capital Futures had a gross margin of 49.84% for the quarter that ended in Dec. 2024 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Capital Futures was -0.70% per year.


Capital Futures Gross Margin % Historical Data

The historical data trend for Capital Futures'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.

Capital Futures Gross Margin % Chart

Capital Futures 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 54.05 53.32 52.05 52.57 52.98

Capital Futures 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 50.40 54.29 55.51 52.12 49.84

Competitive Comparison of Capital Futures's Gross Margin %

For the Capital Markets subindustry, Capital Futures'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.


Capital Futures's Gross Margin % Distribution in the Capital Markets Industry

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

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


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Capital Futures Gross Margin % Calculation

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

Capital Futures'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 )
=1260.4 / 2379.108
=(Revenue - Cost of Goods Sold) / Revenue
=(2379.108 - 1118.758) / 2379.108
=52.98 %

Capital Futures'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 )
=285.9 / 573.59
=(Revenue - Cost of Goods Sold) / Revenue
=(573.59 - 287.739) / 573.59
=49.84 %

* 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.


Capital Futures  (TPE:6024) 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

Capital Futures had a gross margin of 49.84% 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.


Capital Futures Gross Margin % Related Terms

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


Capital Futures Business Description

Traded in Other Exchanges
N/A
Address
No. 97, Tun Hwa South Road, 32nd and B1 Floor, Section 2, Daan District, Taipei, TWN, 10682
Capital Futures Corp is a financial services company. It operates in a single reporting segment: the Brokerage segment and is mainly involved in the futures brokerage business. It also offers futures advisory business, futures management business, leverage exchange agency, securities investment consulting, management consulting and information software service, securities business, proprietary trading, and others.

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