Laseroptek Co (XKRX:199550) Gross Margin % : 37.59% (As of Sep. 2024)

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What is Laseroptek Co Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Laseroptek Co's Gross Profit for the three months ended in Sep. 2024 was ₩2,740 Mil. Laseroptek Co's Revenue for the three months ended in Sep. 2024 was ₩7,288 Mil. Therefore, Laseroptek Co's Gross Margin % for the quarter that ended in Sep. 2024 was 37.59%.

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

XKRX:199550' s Gross Margin % Range Over the Past 10 Years
Min: 25.76 Med: 43.39 Max: 45.89
Current: 45.89

During the past 7 years, the highest Gross Margin % of Laseroptek Co was 45.89%. The lowest was 25.76%. And the median was 43.39%.

XKRX:199550's Gross Margin % is ranked worse than
60.37% of 805 companies
in the Medical Devices & Instruments industry
Industry Median: 51.89 vs XKRX:199550: 45.89

Laseroptek Co had a gross margin of 37.59% for the quarter that ended in Sep. 2024 => Competition eroding margins

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

Laseroptek Co Gross Margin % Historical Data

The historical data trend for Laseroptek 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.

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Laseroptek Co Gross Margin % Chart

Laseroptek Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec20

Dec21

Dec22

Dec23

Gross Margin %

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43.53

42.60

43.39

43.74

45.63

Laseroptek Co Quarterly Data
	Jun22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Gross Margin %	Get a 7-Day Free Trial			46.22	46.62	48.60	48.86	37.59

Competitive Comparison of Laseroptek Co's Gross Margin %

For the Medical Devices subindustry, Laseroptek 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.

Laseroptek Co's Gross Margin % Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Laseroptek Co's Gross Margin % distribution charts can be found below:

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

Laseroptek Co Gross Margin % Calculation

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

Laseroptek 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 )
	=	15675.4	/	34352.054
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(34352.054 - 18676.69)	/	34352.054
	=	45.63 %

Laseroptek 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 )
	=	2739.9	/	7287.988
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(7287.988 - 4548.137)	/	7287.988
	=	37.59 %

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.

Laseroptek Co (XKRX:199550) 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

Laseroptek Co had a gross margin of 37.59% for the quarter that ended in Sep. 2024 => 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.

Laseroptek Co Gross Margin % Related Terms

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Laseroptek Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Laseroptek Co Ltd (XKRX:199550) » Definitions » Gross Margin %

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Traded in Other Exchanges

N/A

Address

203&204 Hyundai I Valley, 31 Galmachi-ro 244 beon-gil, Gyeonggi-do, Seongnam-si, KOR

Website

https://www.laseroptek.com

Laseroptek Co Ltd is a company whose main business is developing and manufacturing medical devices for skin care and disease treatment based on laser source technology, and they sell their products in Korea. The main types of lasers used in the products we are currently selling include picosecond, Q-switch ND YAG, Erbium YAG, and long pulse ND YAG.

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