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Tecstar Technology Co (ROCO:3117) Gross Profit : NT$24.4 Mil (TTM As of Dec. 2023)


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What is Tecstar Technology Co Gross Profit?

Tecstar Technology Co's gross profit for the six months ended in Dec. 2023 was NT$12.5 Mil. Tecstar Technology Co's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was NT$24.4 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Tecstar Technology Co's gross profit for the six months ended in Dec. 2023 was NT$12.5 Mil. Tecstar Technology Co's Revenue for the six months ended in Dec. 2023 was NT$238.7 Mil. Therefore, Tecstar Technology Co's Gross Margin % for the quarter that ended in Dec. 2023 was 5.23%.

Tecstar Technology Co had a gross margin of 5.23% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

During the past 13 years, the highest Gross Margin % of Tecstar Technology Co was 14.21%. The lowest was -24.48%. And the median was 9.35%.


Tecstar Technology Co Gross Profit Historical Data

The historical data trend for Tecstar Technology Co's Gross Profit 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.

Tecstar Technology Co Gross Profit Chart

Tecstar Technology Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only -119.59 21.71 82.90 69.90 24.36

Tecstar Technology Co Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Gross Profit 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 53.69 37.08 32.83 11.87 12.49

Competitive Comparison of Tecstar Technology Co's Gross Profit

For the Electronic Components subindustry, Tecstar Technology Co'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.


Tecstar Technology Co's Gross Profit Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Tecstar Technology Co's Gross Profit distribution charts can be found below:

* The bar in red indicates where Tecstar Technology Co's Gross Profit falls into.



Tecstar Technology Co Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

Tecstar Technology Co's Gross Profit for the fiscal year that ended in Dec. 2023 is calculated as

Gross Profit (A: Dec. 2023 )=Revenue - Cost of Goods Sold
=500.262 - 475.903
=24.4

Tecstar Technology Co's Gross Profit for the quarter that ended in Dec. 2023 is calculated as

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=238.713 - 226.223
=12.5

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 NT$24.4 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

Tecstar Technology Co's Gross Margin % for the quarter that ended in Dec. 2023 is calculated as

Gross Margin % (Q: Dec. 2023 )=Gross Profit (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=(Revenue - Cost of Goods Sold) / Revenue
=12.5 / 238.713
=5.23 %

* 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.


Tecstar Technology Co  (ROCO:3117) 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

Tecstar Technology Co had a gross margin of 5.23% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage


Tecstar Technology Co Gross Profit Related Terms

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Tecstar Technology Co (ROCO:3117) Business Description

Traded in Other Exchanges
N/A
Address
Ln. 863, Gaoshi Rd, 326 No.32, Taoyuan, TWN, 32668
Tecstar Technology Co Ltd is engaged in the production and distribution of multilayer chips and iron cores in Taiwan. It offers multilayer chip beads and inductors, SMD power inductors and EMI beads, and Ni-Zn soft ferrite cores.

Tecstar Technology Co (ROCO:3117) Headlines

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