* 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.
Competitive Comparison of Leoch International Technology's Gross Profit
For the Electrical Equipment & Parts subindustry, Leoch International Technology's Gross Profit, along with its competitors' market caps and Gross Profit 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.
Leoch International Technology's Gross Profit Distribution in the Industrial Products Industry
For the Industrial Products industry and Industrials sector, Leoch International Technology's Gross Profit distribution charts can be found below:
* The bar in red indicates where Leoch International Technology's Gross Profit falls into.
Leoch International Technology Gross Profit Calculation
Gross Profit is the different between the sale prices and the cost of buying or producing the goods.
Gross Profit for the trailing twelve months (TTM) ended in Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$2,126 Mil.
Gross Profit is the numerator in the calculation of Gross Margin.
* 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.
Leoch International Technology (HKSE:00842) Gross Profit 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
Leoch International Technology had a gross margin of 15.07% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage
Leoch International Technology Gross Profit Related Terms
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Leoch International Technology (HKSE:00842) Business Description
Leoch International Technology Ltd is a vertically integrated enterprise. It is engaged in the development, sale, and manufacture of lead-acid batteries, recycled lead products, and others. Its product portfolio under lead-acid batteries consists of reserve power batteries, SLI batteries, motive power batteries, and others. The lead-acid-based reserve power batteries generate a vast majority of revenue for the company. Geographically, the company offers its services to China, Europe, the Middle East and Africa, the Americas, and Asia-Pacific, out of which China is the key revenue driver.
Leoch International Technology (HKSE:00842) Headlines
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