GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Cntus Co Ltd (XKRX:352700) » Definitions » Gross Margin %

Cntus Co (XKRX:352700) Gross Margin % : 19.73% (As of Sep. 2024)


View and export this data going back to 2021. Start your Free Trial

What is Cntus Co Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Cntus Co's Gross Profit for the three months ended in Sep. 2024 was ₩3,349 Mil. Cntus Co's Revenue for the three months ended in Sep. 2024 was ₩16,978 Mil. Therefore, Cntus Co's Gross Margin % for the quarter that ended in Sep. 2024 was 19.73%.


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

XKRX:352700' s Gross Margin % Range Over the Past 10 Years
Min: 10.88   Med: 22.64   Max: 55.04
Current: 19.95


During the past 10 years, the highest Gross Margin % of Cntus Co was 55.04%. The lowest was 10.88%. And the median was 22.64%.

XKRX:352700's Gross Margin % is ranked worse than
59.88% of 1027 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 25.3 vs XKRX:352700: 19.95

Cntus Co had a gross margin of 19.73% for the quarter that ended in Sep. 2024 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Cntus Co was 17.60% per year.


Cntus Co Gross Margin % Historical Data

The historical data trend for Cntus 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.

Cntus Co Gross Margin % Chart

Cntus 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 20.93 55.04 46.87 39.47 23.91

Cntus 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 16.12 14.74 24.83 19.52 19.73

Competitive Comparison of Cntus Co's Gross Margin %

For the Textile Manufacturing subindustry, Cntus 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.


Cntus Co's Gross Margin % Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Cntus Co's Gross Margin % distribution charts can be found below:

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



Cntus Co Gross Margin % Calculation

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

Cntus 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 )
=18660.5 / 78037.214
=(Revenue - Cost of Goods Sold) / Revenue
=(78037.214 - 59376.691) / 78037.214
=23.91 %

Cntus 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 )
=3349.1 / 16977.613
=(Revenue - Cost of Goods Sold) / Revenue
=(16977.613 - 13628.484) / 16977.613
=19.73 %

* 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.


Cntus Co  (XKRX:352700) 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

Cntus Co had a gross margin of 19.73% 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.


Cntus Co Gross Margin % Related Terms

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


Cntus Co Business Description

Traded in Other Exchanges
N/A
Address
21 Dosan-daero 50-gil, SR Building, Gangnam-gu, Seoul, KOR, 06056
Cntus Co Ltd specializes in air filters used in a variety of applications, including vehicle air conditioners, air purifiers, and vacuum cleaners, and features fully automated manufacturing equipment. It manufactures and sells air filters, industrial/consumer masks. Its products include an air cleaner filter, vacuum cleaner filter, cabin air filter.

Cntus Co Headlines

No Headlines