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Yageo (YAGOY) Gross Margin % : 33.80% (As of Mar. 2024)


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What is Yageo Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Yageo's Gross Profit for the three months ended in Mar. 2024 was $304 Mil. Yageo's Revenue for the three months ended in Mar. 2024 was $899 Mil. Therefore, Yageo's Gross Margin % for the quarter that ended in Mar. 2024 was 33.80%.

Warning Sign:

Yageo Corp gross margin has been in long-term decline. The average rate of decline per year is -8.2%.


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

YAGOY' s Gross Margin % Range Over the Past 10 Years
Min: 23.6   Med: 34.63   Max: 63.31
Current: 33.67


During the past 13 years, the highest Gross Margin % of Yageo was 63.31%. The lowest was 23.60%. And the median was 34.63%.

YAGOY's Gross Margin % is ranked better than
68.01% of 2438 companies
in the Hardware industry
Industry Median: 24.405 vs YAGOY: 33.67

Yageo had a gross margin of 33.80% for the quarter that ended in Mar. 2024 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Yageo was -8.20% per year.


Yageo Gross Margin % Historical Data

The historical data trend for Yageo'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.

Yageo Gross Margin % Chart

Yageo 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 35.78 37.53 38.16 38.00 33.48

Yageo 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 33.00 33.18 33.24 34.47 33.80

Competitive Comparison of Yageo's Gross Margin %

For the Electronic Components subindustry, Yageo'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.


Yageo's Gross Margin % Distribution in the Hardware Industry

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

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



Yageo Gross Margin % Calculation

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

Yageo'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 )
=1152.8 / 3443.333
=(Revenue - Cost of Goods Sold) / Revenue
=(3443.333 - 2290.562) / 3443.333
=33.48 %

Yageo'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 )
=304 / 899.432
=(Revenue - Cost of Goods Sold) / Revenue
=(899.432 - 595.443) / 899.432
=33.80 %

* 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.


Yageo  (OTCPK:YAGOY) 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

Yageo had a gross margin of 33.80% for the quarter that ended in Mar. 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.


Yageo Gross Margin % Related Terms

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Yageo (YAGOY) Business Description

Traded in Other Exchanges
Address
No. 233-1, Baoqiao Road, 3rd Floor, Xindian District, New Taipei, TWN, 23145
Yageo produces passive components for electronic devices. Passive components are necessary for all electronic circuits; they are used to stabilize and control electric flow and remove electromagnetic noise from the circuit. Yageo's main products are multilayer ceramic capacitors, chip resistors, inductors, and tantalum capacitors, which are ranked third, first, third, and first in global production volume, respectively.

Yageo (YAGOY) Headlines

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