GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Ycchem Co Ltd (XKRX:112290) » Definitions » Gross Margin %

Ycchem Co (XKRX:112290) Gross Margin % : 16.67% (As of Sep. 2024)


View and export this data going back to 2022. Start your Free Trial

What is Ycchem Co Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Ycchem Co's Gross Profit for the three months ended in Sep. 2024 was ₩3,084 Mil. Ycchem Co's Revenue for the three months ended in Sep. 2024 was ₩18,507 Mil. Therefore, Ycchem Co's Gross Margin % for the quarter that ended in Sep. 2024 was 16.67%.


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

XKRX:112290' s Gross Margin % Range Over the Past 10 Years
Min: 13.41   Med: 22.49   Max: 24.75
Current: 13.41


During the past 4 years, the highest Gross Margin % of Ycchem Co was 24.75%. The lowest was 13.41%. And the median was 22.49%.

XKRX:112290's Gross Margin % is ranked worse than
74.93% of 1504 companies
in the Chemicals industry
Industry Median: 22.12 vs XKRX:112290: 13.41

Ycchem Co had a gross margin of 16.67% for the quarter that ended in Sep. 2024 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Ycchem Co was 0.00% per year.


Ycchem Co Gross Margin % Historical Data

The historical data trend for Ycchem 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.

Ycchem Co Gross Margin % Chart

Ycchem Co Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Gross Margin %
23.11 21.87 24.75 15.67

Ycchem Co Quarterly Data
Mar21 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 13.42 7.42 12.30 16.05 16.67

Competitive Comparison of Ycchem Co's Gross Margin %

For the Specialty Chemicals subindustry, Ycchem 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.


Ycchem Co's Gross Margin % Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Ycchem Co's Gross Margin % distribution charts can be found below:

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



Ycchem Co Gross Margin % Calculation

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

Ycchem 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 )
=9757.6 / 62271.679
=(Revenue - Cost of Goods Sold) / Revenue
=(62271.679 - 52514.065) / 62271.679
=15.67 %

Ycchem 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 )
=3084.4 / 18507.102
=(Revenue - Cost of Goods Sold) / Revenue
=(18507.102 - 15422.668) / 18507.102
=16.67 %

* 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.


Ycchem Co  (XKRX:112290) 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

Ycchem Co had a gross margin of 16.67% for the quarter that ended in Sep. 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.


Ycchem Co Gross Margin % Related Terms

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


Ycchem Co Business Description

Traded in Other Exchanges
N/A
Address
174-12, Yuseori-gil, Seonnam-myeon, Gyeongsangbuk-do, Seongju-gun, KOR
Ycchem Co Ltd is a developer and producer of chemical materials that it supplies to the semiconductor, display, and eco-friendly energy industries. Its products comprise of Wafering, Chemical Mechanical Planarization, Rinsing Solution, Etchant, among others.

Ycchem Co Headlines

No Headlines