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Konan Technology (XKRX:402030) Gross Margin % : 40.09% (As of Dec. 2024)


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What is Konan Technology Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Konan Technology's Gross Profit for the three months ended in Dec. 2024 was ₩5,543 Mil. Konan Technology's Revenue for the three months ended in Dec. 2024 was ₩13,829 Mil. Therefore, Konan Technology's Gross Margin % for the quarter that ended in Dec. 2024 was 40.09%.

Warning Sign:

Konan Technology Inc gross margin has been in long-term decline. The average rate of decline per year is -13.9%.


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

XKRX:402030' s Gross Margin % Range Over the Past 10 Years
Min: 18.59   Med: 33.24   Max: 48.49
Current: 18.59


During the past 6 years, the highest Gross Margin % of Konan Technology was 48.49%. The lowest was 18.59%. And the median was 33.24%.

XKRX:402030's Gross Margin % is ranked worse than
83.77% of 2644 companies
in the Software industry
Industry Median: 41.385 vs XKRX:402030: 18.59

Konan Technology had a gross margin of 40.09% for the quarter that ended in Dec. 2024 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Konan Technology was -13.90% per year.


Konan Technology Gross Margin % Historical Data

The historical data trend for Konan Technology'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.

Konan Technology Gross Margin % Chart

Konan Technology Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Gross Margin %
Get a 7-Day Free Trial 38.94 48.49 33.02 20.58 18.59

Konan Technology Quarterly Data
Dec19 Dec20 Mar21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 39.73 -47.19 7.92 1.83 40.09

Competitive Comparison of Konan Technology's Gross Margin %

For the Software - Infrastructure subindustry, Konan Technology'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.


Konan Technology's Gross Margin % Distribution in the Software Industry

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

* The bar in red indicates where Konan Technology's Gross Margin % falls into.


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Konan Technology Gross Margin % Calculation

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

Konan Technology's Gross Margin for the fiscal year that ended in Dec. 2024 is calculated as

Gross Margin % (A: Dec. 2024 )=Gross Profit (A: Dec. 2024 ) / Revenue (A: Dec. 2024 )
=4892.4 / 26318.507
=(Revenue - Cost of Goods Sold) / Revenue
=(26318.507 - 21426.074) / 26318.507
=18.59 %

Konan Technology's Gross Margin for the quarter that ended in Dec. 2024 is calculated as


Gross Margin % (Q: Dec. 2024 )=Gross Profit (Q: Dec. 2024 ) / Revenue (Q: Dec. 2024 )
=5543.4 / 13828.826
=(Revenue - Cost of Goods Sold) / Revenue
=(13828.826 - 8285.388) / 13828.826
=40.09 %

* 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.


Konan Technology  (XKRX:402030) 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

Konan Technology had a gross margin of 40.09% for the quarter that ended in Dec. 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.


Konan Technology Gross Margin % Related Terms

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Konan Technology Business Description

Traded in Other Exchanges
N/A
Address
Daeryung Seocho Tower, 327, 6th and 7th Floor, Gangnam-daero, Seocho-gu, Seoul, KOR, 137-751
Konan Technology Inc provides the smartest search/analysis/recommendation software and data service based on language and multimedia analysis technology. Its solutions comprise Crawler Solution, Analysis Solution, Search Solution, Content Management Solution, Mobile Solution.

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