GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Hannstar Display Corp (TPE:6116) » Definitions » Gross Margin %

Hannstar Display (TPE:6116) Gross Margin % : -24.96% (As of Mar. 2024)


View and export this data going back to 2004. Start your Free Trial

What is Hannstar Display Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Hannstar Display's Gross Profit for the three months ended in Mar. 2024 was NT$-633 Mil. Hannstar Display's Revenue for the three months ended in Mar. 2024 was NT$2,537 Mil. Therefore, Hannstar Display's Gross Margin % for the quarter that ended in Mar. 2024 was -24.96%.


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

TPE:6116' s Gross Margin % Range Over the Past 10 Years
Min: -22.28   Med: 17.61   Max: 36.42
Current: -22.28


During the past 13 years, the highest Gross Margin % of Hannstar Display was 36.42%. The lowest was -22.28%. And the median was 17.61%.

TPE:6116's Gross Margin % is ranked worse than
98.65% of 2439 companies
in the Hardware industry
Industry Median: 24.38 vs TPE:6116: -22.28

Hannstar Display had a gross margin of -24.96% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage

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


Hannstar Display Gross Margin % Historical Data

The historical data trend for Hannstar Display'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.

Hannstar Display Gross Margin % Chart

Hannstar Display 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 11.44 24.75 34.24 2.37 -20.59

Hannstar Display Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 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 -17.00 -14.64 -18.93 -32.37 -24.96

Competitive Comparison of Hannstar Display's Gross Margin %

For the Electronic Components subindustry, Hannstar Display'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.


Hannstar Display's Gross Margin % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Hannstar Display's Gross Margin % distribution charts can be found below:

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



Hannstar Display Gross Margin % Calculation

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

Hannstar Display'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 )
=-2543 / 12352.965
=(Revenue - Cost of Goods Sold) / Revenue
=(12352.965 - 14895.991) / 12352.965
=-20.59 %

Hannstar Display'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 )
=-633.1 / 2536.53
=(Revenue - Cost of Goods Sold) / Revenue
=(2536.53 - 3169.643) / 2536.53
=-24.96 %

* 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.


Hannstar Display  (TPE:6116) 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

Hannstar Display had a gross margin of -24.96% 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.


Hannstar Display Gross Margin % Related Terms

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


Hannstar Display (TPE:6116) Business Description

Traded in Other Exchanges
N/A
Address
Lane 168, Xingshan Road, 4Floor, No.15, Neihu District, Taipei, TWN, 11469
Hannstar Display Corp is a Taiwan-based manufacturer and seller of TFT-LCD panels, flat-panel displays, CCTV and related components. The firm has two fabrication facilities, one facility to manufacture liquid crystal displays, and one facility to manufacture liquid crystal monitors. These display products are low-radiation, low energy consumption, and lightweight. Hannstar display products are sold primarily to original equipment manufacturers of computer products. The firm has operations in Taiwan and China.

Hannstar Display (TPE:6116) Headlines

No Headlines