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In Win Development (TPE:6117) Gross Margin % : 28.38% (As of Mar. 2024)


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What is In Win Development Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. In Win Development's Gross Profit for the three months ended in Mar. 2024 was NT$204 Mil. In Win Development's Revenue for the three months ended in Mar. 2024 was NT$717 Mil. Therefore, In Win Development's Gross Margin % for the quarter that ended in Mar. 2024 was 28.38%.


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

TPE:6117' s Gross Margin % Range Over the Past 10 Years
Min: 12.45   Med: 18.21   Max: 26.33
Current: 26.33


During the past 13 years, the highest Gross Margin % of In Win Development was 26.33%. The lowest was 12.45%. And the median was 18.21%.

TPE:6117's Gross Margin % is ranked better than
53.73% of 2438 companies
in the Hardware industry
Industry Median: 24.395 vs TPE:6117: 26.33

In Win Development had a gross margin of 28.38% for the quarter that ended in Mar. 2024 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for In Win Development was 9.70% per year.


In Win Development Gross Margin % Historical Data

The historical data trend for In Win Development'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.

In Win Development Gross Margin % Chart

In Win Development 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 18.37 18.93 16.80 19.75 23.35

In Win Development 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 14.38 19.24 25.56 30.21 28.38

Competitive Comparison of In Win Development's Gross Margin %

For the Computer Hardware subindustry, In Win Development'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.


In Win Development's Gross Margin % Distribution in the Hardware Industry

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

* The bar in red indicates where In Win Development's Gross Margin % falls into.



In Win Development Gross Margin % Calculation

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

In Win Development'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 )
=553.2 / 2368.855
=(Revenue - Cost of Goods Sold) / Revenue
=(2368.855 - 1815.667) / 2368.855
=23.35 %

In Win Development'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 )
=203.5 / 717.046
=(Revenue - Cost of Goods Sold) / Revenue
=(717.046 - 513.52) / 717.046
=28.38 %

* 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.


In Win Development  (TPE:6117) 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

In Win Development had a gross margin of 28.38% for the quarter that ended in Mar. 2024 => Competition eroding margins


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.


In Win Development Gross Margin % Related Terms

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In Win Development (TPE:6117) Business Description

Traded in Other Exchanges
N/A
Address
Nanshang Road, No 57, Lane 350, Guishan District, Taoyuan, TWN
In Win Development Inc is a Taiwan-based company engaged in the design and manufacturing of professional computer chassis, power supplies and digital storage devices. The company provides PC cases, server cases, gaming chassis, fans, power supplies and storage kits.

In Win Development (TPE:6117) Headlines

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