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Taesan LCD Company (XKRX:036210) Gross Margin % : 28.43% (As of Sep. 2013)


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What is Taesan LCD Company Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Taesan LCD Company's Gross Profit for the three months ended in Sep. 2013 was ₩382 Mil. Taesan LCD Company's Revenue for the three months ended in Sep. 2013 was ₩1,345 Mil. Therefore, Taesan LCD Company's Gross Margin % for the quarter that ended in Sep. 2013 was 28.43%.


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


XKRX:036210's Gross Margin % is not ranked *
in the Hardware industry.
Industry Median: 24.46
* Ranked among companies with meaningful Gross Margin % only.

Taesan LCD Company had a gross margin of 28.43% for the quarter that ended in Sep. 2013 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Taesan LCD Company was 0.00% per year.


Taesan LCD Company Gross Margin % Historical Data

The historical data trend for Taesan LCD Company'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.

Taesan LCD Company Gross Margin % Chart

Taesan LCD Company Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11
Gross Margin %
1.98 5.69 2.24 1.13 0.21

Taesan LCD Company Quarterly Data
Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13
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 -0.41 7.93 3.61 -2.33 28.43

Competitive Comparison of Taesan LCD Company's Gross Margin %

For the Electronic Components subindustry, Taesan LCD Company'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.


Taesan LCD Company's Gross Margin % Distribution in the Hardware Industry

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

* The bar in red indicates where Taesan LCD Company's Gross Margin % falls into.



Taesan LCD Company Gross Margin % Calculation

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

Taesan LCD Company's Gross Margin for the fiscal year that ended in Dec. 2011 is calculated as

Gross Margin % (A: Dec. 2011 )=Gross Profit (A: Dec. 2011 ) / Revenue (A: Dec. 2011 )
=768.8 / 368790.617
=(Revenue - Cost of Goods Sold) / Revenue
=(368790.617 - 368021.767) / 368790.617
=0.21 %

Taesan LCD Company's Gross Margin for the quarter that ended in Sep. 2013 is calculated as


Gross Margin % (Q: Sep. 2013 )=Gross Profit (Q: Sep. 2013 ) / Revenue (Q: Sep. 2013 )
=382.4 / 1345.046
=(Revenue - Cost of Goods Sold) / Revenue
=(1345.046 - 962.666) / 1345.046
=28.43 %

* 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.


Taesan LCD Company  (XKRX:036210) 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

Taesan LCD Company had a gross margin of 28.43% for the quarter that ended in Sep. 2013 => 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.


Taesan LCD Company Gross Margin % Related Terms

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Taesan LCD Company (XKRX:036210) Business Description

Traded in Other Exchanges
N/A
Address
Website
Taesan LCD Co., Ltd. was established in 1983. The company manufactures TFT-LCD. The company also mass-produced backlight units for TFT-LCD. The company was recognized for its high-quality products and high export sales.

Taesan LCD Company (XKRX:036210) Headlines

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