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Syncomm Technology (ROCO:3150) Gross Profit : NT$84.0 Mil (TTM As of Mar. 2024)


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What is Syncomm Technology Gross Profit?

Syncomm Technology's gross profit for the three months ended in Mar. 2024 was NT$31.5 Mil. Syncomm Technology's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was NT$84.0 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Syncomm Technology's gross profit for the three months ended in Mar. 2024 was NT$31.5 Mil. Syncomm Technology's Revenue for the three months ended in Mar. 2024 was NT$67.7 Mil. Therefore, Syncomm Technology's Gross Margin % for the quarter that ended in Mar. 2024 was 46.52%.

Syncomm Technology had a gross margin of 46.52% for the quarter that ended in Mar. 2024 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of Syncomm Technology was 48.78%. The lowest was 23.45%. And the median was 39.60%.


Syncomm Technology Gross Profit Historical Data

The historical data trend for Syncomm Technology'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.

Syncomm Technology Gross Profit Chart

Syncomm Technology Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 124.92 114.52 134.85 191.28 189.22

Syncomm Technology Quarterly Data
Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Mar24
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 27.63 32.31 30.22 22.34 31.49

Competitive Comparison of Syncomm Technology's Gross Profit

For the Semiconductor Equipment & Materials subindustry, Syncomm 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.


Syncomm Technology's Gross Profit Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Syncomm Technology's Gross Profit distribution charts can be found below:

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



Syncomm Technology Gross Profit Calculation

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

Syncomm Technology's Gross Profit for the fiscal year that ended in Dec. 2022 is calculated as

Gross Profit (A: Dec. 2022 )=Revenue - Cost of Goods Sold
=387.924 - 198.707
=189.2

Syncomm Technology's Gross Profit for the quarter that ended in Mar. 2024 is calculated as

Gross Profit (Q: Mar. 2024 )=Revenue - Cost of Goods Sold
=67.693 - 36.202
=31.5

Gross Profit for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was NT$84.0 Mil.

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

Syncomm Technology'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 )
=(Revenue - Cost of Goods Sold) / Revenue
=31.5 / 67.693
=46.52 %

* 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.


Syncomm Technology  (ROCO:3150) 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

Syncomm Technology had a gross margin of 46.52% for the quarter that ended in Mar. 2024 => Durable competitive advantage


Syncomm Technology Gross Profit Related Terms

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Syncomm Technology (ROCO:3150) Business Description

Traded in Other Exchanges
N/A
Address
Gongdao 5th Road, East District, 10th Floor, No.101, Sec. 2, Hsinchu City, TWN, 30070
Syncomm Technology Corp is a Taiwan based fabless semiconductor company. It is specializing in real time wireless digital audio and video streaming technology. The company provides varieties of solutions ranging from mobile to multi-room, from MP3-like to audiophile quality in Taiwan.

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