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Koses Co (XKRX:089890) Gross Margin % : 9.52% (As of Mar. 2024)


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What is Koses Co Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Koses Co's Gross Profit for the three months ended in Mar. 2024 was ₩1,614 Mil. Koses Co's Revenue for the three months ended in Mar. 2024 was ₩16,952 Mil. Therefore, Koses Co's Gross Margin % for the quarter that ended in Mar. 2024 was 9.52%.

Warning Sign:

Koses Co Ltd gross margin has been in long-term decline. The average rate of decline per year is -3.8%.


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

XKRX:089890' s Gross Margin % Range Over the Past 10 Years
Min: 12.12   Med: 22.41   Max: 29.41
Current: 16.17


During the past 13 years, the highest Gross Margin % of Koses Co was 29.41%. The lowest was 12.12%. And the median was 22.41%.

XKRX:089890's Gross Margin % is ranked worse than
71.15% of 974 companies
in the Semiconductors industry
Industry Median: 28.49 vs XKRX:089890: 16.17

Koses Co had a gross margin of 9.52% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Koses Co was -3.80% per year.


Koses Co Gross Margin % Historical Data

The historical data trend for Koses 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.

Koses Co Gross Margin % Chart

Koses Co 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 20.72 25.08 29.41 24.09 17.95

Koses Co 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 24.47 25.25 30.57 4.66 9.52

Competitive Comparison of Koses Co's Gross Margin %

For the Semiconductor Equipment & Materials subindustry, Koses 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.


Koses Co's Gross Margin % Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Koses Co's Gross Margin % distribution charts can be found below:

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



Koses Co Gross Margin % Calculation

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

Koses 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 )
=17167 / 95650.539
=(Revenue - Cost of Goods Sold) / Revenue
=(95650.539 - 78483.551) / 95650.539
=17.95 %

Koses Co'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 )
=1613.6 / 16951.595
=(Revenue - Cost of Goods Sold) / Revenue
=(16951.595 - 15337.982) / 16951.595
=9.52 %

* 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.


Koses Co  (XKRX:089890) 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

Koses Co had a gross margin of 9.52% 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.


Koses Co Gross Margin % Related Terms

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


Koses Co (XKRX:089890) Business Description

Traded in Other Exchanges
N/A
Address
62 Industrial Park, Gyeonggi-do, Bucheon, Ojeong-gu, KOR
Koses Co Ltd is engaged in manufacturing and selling semiconductor equipment in South Korea. It offers solder ball attach machines, marking systems, laser drillings, PKG stack systems, package laser saw systems, flux pre-cleaning systems, solder ball attach toolkits, pick and place systems, other equipment, and display products.

Koses Co (XKRX:089890) Headlines

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