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Younglimwon Soft Lab Co (XKRX:060850) Gross Margin % : 48.37% (As of Sep. 2024)


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What is Younglimwon Soft Lab Co Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Younglimwon Soft Lab Co's Gross Profit for the three months ended in Sep. 2024 was ₩9,017 Mil. Younglimwon Soft Lab Co's Revenue for the three months ended in Sep. 2024 was ₩18,643 Mil. Therefore, Younglimwon Soft Lab Co's Gross Margin % for the quarter that ended in Sep. 2024 was 48.37%.

Warning Sign:

Younglimwon Soft Lab Co Ltd gross margin has been in long-term decline. The average rate of decline per year is -1.7%.


The historical rank and industry rank for Younglimwon Soft Lab Co's Gross Margin % or its related term are showing as below:

XKRX:060850' s Gross Margin % Range Over the Past 10 Years
Min: 45.97   Med: 47.22   Max: 53.96
Current: 46.89


During the past 6 years, the highest Gross Margin % of Younglimwon Soft Lab Co was 53.96%. The lowest was 45.97%. And the median was 47.22%.

XKRX:060850's Gross Margin % is ranked better than
56.72% of 2618 companies
in the Software industry
Industry Median: 41.435 vs XKRX:060850: 46.89

Younglimwon Soft Lab Co had a gross margin of 48.37% for the quarter that ended in Sep. 2024 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Younglimwon Soft Lab Co was -1.70% per year.


Younglimwon Soft Lab Co Gross Margin % Historical Data

The historical data trend for Younglimwon Soft Lab Co'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.

Younglimwon Soft Lab Co Gross Margin % Chart

Younglimwon Soft Lab Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
Get a 7-Day Free Trial 47.49 45.97 46.95 46.83 48.15

Younglimwon Soft Lab Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 50.73 47.08 44.24 47.01 48.37

Competitive Comparison of Younglimwon Soft Lab Co's Gross Margin %

For the Software - Application subindustry, Younglimwon Soft Lab Co'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.


Younglimwon Soft Lab Co's Gross Margin % Distribution in the Software Industry

For the Software industry and Technology sector, Younglimwon Soft Lab Co's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Younglimwon Soft Lab Co's Gross Margin % falls into.



Younglimwon Soft Lab Co Gross Margin % Calculation

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

Younglimwon Soft Lab Co'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 )
=26727.5 / 55510.67
=(Revenue - Cost of Goods Sold) / Revenue
=(55510.67 - 28783.182) / 55510.67
=48.15 %

Younglimwon Soft Lab Co's Gross Margin for the quarter that ended in Sep. 2024 is calculated as


Gross Margin % (Q: Sep. 2024 )=Gross Profit (Q: Sep. 2024 ) / Revenue (Q: Sep. 2024 )
=9017.2 / 18642.786
=(Revenue - Cost of Goods Sold) / Revenue
=(18642.786 - 9625.566) / 18642.786
=48.37 %

* 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.


Younglimwon Soft Lab Co  (XKRX:060850) 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

Younglimwon Soft Lab Co had a gross margin of 48.37% for the quarter that ended in Sep. 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.


Younglimwon Soft Lab Co Gross Margin % Related Terms

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Younglimwon Soft Lab Co Business Description

Traded in Other Exchanges
N/A
Address
Woolim Blue9 A-dong, Yangcheon-ro 583, 23rd Floor, Gangseo-gu, Seoul, KOR
Younglimwon Soft Lab Co Ltd is engaged in the business of developing enterprise resource planning software. Also, the company provides customized ERP and cloud service ERP, ERP education services, and other services.

Younglimwon Soft Lab Co Headlines

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