GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Taiwan Cogeneration Corp (TPE:8926) » Definitions » Gross Margin %

Taiwan Cogeneration (TPE:8926) Gross Margin % : 8.50% (As of Mar. 2024)


View and export this data going back to 2000. Start your Free Trial

What is Taiwan Cogeneration Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Taiwan Cogeneration's Gross Profit for the three months ended in Mar. 2024 was NT$172 Mil. Taiwan Cogeneration's Revenue for the three months ended in Mar. 2024 was NT$2,027 Mil. Therefore, Taiwan Cogeneration's Gross Margin % for the quarter that ended in Mar. 2024 was 8.50%.


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

TPE:8926' s Gross Margin % Range Over the Past 10 Years
Min: 7.16   Med: 12.79   Max: 25.04
Current: 8.72


During the past 13 years, the highest Gross Margin % of Taiwan Cogeneration was 25.04%. The lowest was 7.16%. And the median was 12.79%.

TPE:8926's Gross Margin % is ranked worse than
79.85% of 1613 companies
in the Construction industry
Industry Median: 19.23 vs TPE:8926: 8.72

Taiwan Cogeneration had a gross margin of 8.50% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Taiwan Cogeneration was 4.80% per year.


Taiwan Cogeneration Gross Margin % Historical Data

The historical data trend for Taiwan Cogeneration'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.

Taiwan Cogeneration Gross Margin % Chart

Taiwan Cogeneration 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 7.16 7.74 12.12 13.46 10.16

Taiwan Cogeneration 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 15.43 5.71 12.41 8.57 8.50

Competitive Comparison of Taiwan Cogeneration's Gross Margin %

For the Engineering & Construction subindustry, Taiwan Cogeneration'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.


Taiwan Cogeneration's Gross Margin % Distribution in the Construction Industry

For the Construction industry and Industrials sector, Taiwan Cogeneration's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Taiwan Cogeneration's Gross Margin % falls into.



Taiwan Cogeneration Gross Margin % Calculation

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

Taiwan Cogeneration'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 )
=543.3 / 5348.402
=(Revenue - Cost of Goods Sold) / Revenue
=(5348.402 - 4805.144) / 5348.402
=10.16 %

Taiwan Cogeneration'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 )
=172.2 / 2026.521
=(Revenue - Cost of Goods Sold) / Revenue
=(2026.521 - 1854.28) / 2026.521
=8.50 %

* 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.


Taiwan Cogeneration  (TPE:8926) 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

Taiwan Cogeneration had a gross margin of 8.50% 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.


Taiwan Cogeneration Gross Margin % Related Terms

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


Taiwan Cogeneration (TPE:8926) Business Description

Traded in Other Exchanges
N/A
Address
No. 392, Rui Guang Road, 6th Floor, Neihu District, Taipei, TWN, 11492
Taiwan Cogeneration Corp is a Taiwanese company involved in the planning, construction, operation, management, and repair of cogeneration power-producing plants and equipment. All its revenue is generated from Taiwan.

Taiwan Cogeneration (TPE:8926) Headlines

No Headlines